If you put two economists xin a room, you get two…

I don't have too much interest in teaching other people how to get rich. And that isn't because I fear the competition or anything…

— Charlie Munger

“John Maynard Keynes, the great British economist, died in 1946. But his ghost lives on. When economies around the world contracted sharply in late…

— Alan S. Blinder

“Halfway through the second term of Franklin Roosevelt, the New Deal braintrusters began to worry about mounting popular concern over the national debt. In…

— William F. Buckley, Jr

“There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation;…

— Henry Hazlitt

“He never sat an examination in economics: his knowledge came from pondering problems and discussing them as much as from book-learning.”

— Richard Davenport-Hines

“The master-economist must possess a rare combination of gifts. He must reach a high standard in several different directions and must combine talents not…

— John Maynard Keynes

One of the most important skills of the economist, therefore, is that of simplification of the model. Two important methods of simplification have been…

— Kenneth E. Boulding

“The science of public happiness was how Keynes saw his work as an economist.”

— Richard Davenport-Hines

“Experiment and reason, tempered by intuition, were to him preferable to solid plodding in the well-trodden paths of experience.”

— Richard Davenport-Hines

“Economists who simply advised leaving the economy alone, governments whose first instincts, apart from protecting the gold standard by deflationary policies, was to stick…

— Eric J. Hobsbawm

Keynes was a great economist. In every discipline, progress comes from people who make hypotheses, most of which turn out to be wrong, but…

— Milton Friedman

It had been held that the economic system, any capitalist system, found its equilibrium at full employment. Left to itself, it was thus that…

— John Kenneth Galbraith

I do not regard the Keynesian revolution as a great intellectual triumph. On the contrary, it was a tragedy because it came so late.…

— Joan Robinson

Economists think about what people ought to do. Psychologists watch what they actually do.

— Daniel Kahneman

Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.

— Mark Zandi