Economist Quotes

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

— Mark Zandi

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

— Daniel Kahneman

It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their…

— Henry Hazlitt

“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and…

— Nassim Nicholas Taleb

All professionals, whether physicists, economists or musicians, live by and for peer judgment, even when they are being paid by people who…

— Eric Hobsbawm

Losses of a kind of satisfaction that have no market equivalent don't show up in the calculations of economists.

— Ivan Illich

Louis Kelso of San Francisco, a lawyer-economist, has for years felt that he has a radical answer to the problem.

— William F. Buckley, Jr

Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into…

— Joan Robinson

I have learned more [from Balzac] than from all the professional historians, economists, and statisticians put together.

— Friedrich Engels

The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of…

— Barry Ritholtz

Economists actually disagree about whether there are significant economic returns from attending an elite college versus a less-selective one.

— Emily Oster

However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is needed is…

— Paul Krugman

I'm no economist. I don't even play one on TV. I'm just a husband, a father, a taxpayer.

— Mark McKinnon

When economists speak of money, they neglect that all money and credit is debt. That is the essence of bookkeeping and accounting.…

— Michael Hudson

Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a…

— Llewellyn Rockwell

After taking risk into account, do more managers than you’d see by chance outperform with persistence? Virtually every economist who studied this…

— Eugene Fama

The public is even more pessimistic about the economy than even the most bearish economists are.

— Nate Silver

The prevailing ideology of the modern west - which is political economy - is in the doghouse. Having failed to notice atmospheric…

— James Buchan

Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers.

— Thomas Piketty

The biggest tab the public picks up for fossil fuels has to do with what economists call 'external costs,' like the health…

— Jeff Goodell

Economists can be called the worldly philosophers for they sought to embrace in a scheme of philosophy the most worldly of man's…

— Robert Heilbroner

Many progressive economists insist that gold is now in essentially the same position as silver and that the arguments the simon-pure gold…

— Benjamin Graham

In the abstract world of American economists, equations run both ways; they believe that by changing the sign of a variable from…

— Robert Gilpin

Whether the flavour of economic advice you like is conservative or liberal, you will find that flavour available from some 'reputable' economist,…

— Barbara Bergmann

There is the expression of selfishness and there is the expression of selflessness - but economists or theoreticians never touched that part.…

— Muhammad Yunus