I believe myself to be writing a book on economic theory which will largely revolutionize - not, I suppose, at once but… — John Maynard Keynes Copy Share Image
The tradition of Chicago price theory is a good one, and it is a low-tech methodology that tries to apply simple economic… — Richard Thaler Copy Share Image
“Basic economic theory tells us that if you want something that’s both rare and valuable, you need something rare and valuable to… — Cal Newport Copy Share Image
The lesson of my field, behavioral economics, is that we need to understand the ways in which we differ from the rational… — Richard Thaler Copy Share Image
Classic economic theory, based as it is on an inadequate theory of human motivation, could be revolutionized by accepting the reality of… — Abraham Maslow Copy Share Image
Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and… — Ludwig von Mises Copy Share Image
If I really believed in Friedman's economic theory, then I'd be quite satisfied to spend the rest of my life with a… — Nigel Lawson Copy Share Image
What conditions of work, what kinds of work, what kinds of management, and what kinds of reward or pay will help human… — Abraham Maslow Copy Share Image
There are questions as to whether it should even exist. Who should corporations be responsive to, the management of a corporation? Theoretically… — Noam Chomsky Copy Share Image
The Western world, in spite of its advantages of mechanization and industrial efficiency is today in a worse mess than ever before… — Muhammad Ali Jinnah Copy Share Image
There’s an economic theory out there that if you take the incomes of your five closest friends and average them, the resulting… — Austin Kleon Copy Share Image
Two factors explain our success. One, MIT's renaissance after World War II as a federally supported research resource. Two, the mathematical revolution… — Paul Samuelson Copy Share Image
Mainstream economic theories popular in the last several decades have tended to downplay the government's role in markets and to increase skepticism… — Mariana Mazzucato Copy Share Image
“The latter is useful for predictive purposes only to the extent that the individual participant, in the market relationship, is guided by… — Anonymous Copy Share Image
Almost all systems of economic thought are premised on the idea of continued economic growth, which would be fine and dandy if… — George Monbiot Copy Share Image
Economic theory has nothing to say as to what commodity will acquire the status of money. Historically, it happened to be gold.… — Hans-Hermann Hoppe Copy Share Image
Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of… — John Kenneth Galbraith Copy Share Image
Good economic theory must give the people the chance to use their talents to build their own lives. We must get away… — Muhammad Yunus Copy Share Image
“Economic theory would tell you that a rational person would take the thirty dollars every time. Forget the other party, the decision… — Douglas E. Richards Copy Share Image
In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either… — Martin Feldstein Copy Share Image
The aim of academic trade theory is to tell students, "Look at the model, not at how nations actually develop." So of… — Michael Hudson Copy Share Image
The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories,… — Ludwig von Mises Copy Share Image
Nothing has done more to render modern economic theory a sterile and irrelevant exercise in autoeroticism than its practitioners’ obsession with mathematical,… — Robert Higgs Copy Share Image
My interest in economics has always been in the whole corpus of economic theory, the interrelationships between the various fields of theory… — James Meade Copy Share Image
Isn't it interesting that markets are not just perfect? In business school and economic theory, you learn all about those perfect markets,… — Heidi Roizen Copy Share Image
The seminar in economic theory conducted by Hayek at the L.S.E. in the 1930s was attended, it came to seem, by all… — John Kenneth Galbraith Copy Share Image
Classic economic theories recognize public goods aspects of one kind or another - the need for economic intervention in, obviously, the supply… — Kenneth Arrow Copy Share Image
For the individual, as I can testify, a brief grounding in semantics, besides making philosophy unreadable, makes unreadable most political speeches, classical… — Stuart Chase Copy Share Image
I imagine you already know that I am much more socialistic in my economic theory than capitalistic. And yet I am not… — Martin Luther King, Jr Copy Share Image
What Smith and Marx have in common is that they were both philosophers of great vision and perceptiveness, deep humanity, and a… — Allen W. Wood Copy Share Image
It is not a struggle merely of economic theories, or forms of government or of military power. At issue is the true… — Dwight D. Eisenhower Copy Share Image
The United State has a net worth against which our debt is a joke ... we wrote in 2008 the United States… — George Friedman Copy Share Image
It is thus hardly surprising that so many of the great minds in recent history have concerned themselves with economic matters. Indeed,… — Paul Zane Pilzer Copy Share Image
In view of the importance of philanthropy in our society, it is surprising that so little attention has been given to it… — Kenneth E. Boulding Copy Share Image
Unlike physics, for example, such parts of the bare bones of economic theory as are expressible in mathematical form are extremely easy… — John Maynard Keynes Copy Share Image
None of us are rational economic men as we're supposed to be portrayed in economic theory where mixes of passions, of desires,… — Dale Jamieson Copy Share Image
“Basic economic theory. People behave differently based on how much they think something’s worth. Because everyone got their chips for free, people… — Elle Lothlorien Copy Share Image
“The only inexplicable aspect of the process was that economic theory (which is, after all, what economics students were supposed to know)… — Michael Lewis Copy Share Image
I have read a great deal of economic theory for over 50 years now, but have found only one economic "law" to… — Robert Anton Wilson Copy Share Image
Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum… — Ludwig von Mises Copy Share Image