Friedrich Hayek, who died on March 23, 1992 at age 92, was arguably the greatest social scientist of the twentieth century. By… — Julian Simon Copy Share Image
Our belief in salvation through the market is very much in the Utopian tradition. The economists and managers are the servants of… — John Ralston Saul Copy Share Image
Economists got away from really questioning how the world works, how decisions actually got made. If something doesn't conform to neoclassical models… — W. Brian Arthur Copy Share Image
Friedman stumbled in, late to the seminar as usual and reeking of cigar smoke and whiskey. He hadn't read the paper being… — George Stigler Copy Share Image
Is human nature basically good or evil? No economist can embark upon his profession without considering this question, and yet they all… — Jane Smiley Copy Share Image
Whether the flavour of economic advice you like is conservative or liberal, you will find that flavour available from some 'reputable' economist,… — Barbara Bergmann Copy Share Image
I don't want to get into the 'who's a hostage-taker' discussion here, but what is the estate tax? It's a double tax… — Paul Ryan Copy Share Image
The IMF economists were doubtless shaken by the extreme failures of their prescriptions over many years, and by the collapse of the… — Noam Chomsky Copy Share Image
If you keep tax cuts for the wealthiest, it won't stimulate the economy, but it will add to the deficit. And, really,… — Heather Boushey Copy Share Image
I ask the political economists and the moralists if they have ever calculated the number of individuals who must be condemned to… — Almeida Garrett Copy Share Image
We need to abandon the economist's notion of the economy as a machine, with its attendant concept of equilibrium. A more helpful… — Paul Ormerod Copy Share Image
I've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll… — Mark Skousen Copy Share Image
In the 40 years I've been working as an economist and investor, I have never seen such a disconnect between the asset… — Marc Faber Copy Share Image
I was trained to become an economist and I finished my work and I was teaching and did my PhD so I… — Muhammad Yunus Copy Share Image
The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal… — Nassau William Senior Copy Share Image
As there are so many who talk prose without knowing it, or, again, who syllogize without having the least idea what a… — William Stanley Jevons Copy Share Image
Economists are almost unanimous in conceding that the land tax has no adverse side effects. ...Landowners ought to look at both sides… — William Vickrey Copy Share Image
I'm not going to put my lot in with economists, because I know if we get it right, if we actually did… — Hillary Clinton Copy Share Image
Economists typically think that your happiness goes up as you get more money, but the more you have, the less each additional… — Emily Oster Copy Share Image
[Economists' advice] is something like patent medicine - people know it is largely manufactured by quacks and that a good percentage of… — Barbara Bergmann Copy Share Image
However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is needed is… — Paul Krugman Copy Share Image
How should the best parts of psychology and economics interrelate in an enlightened economist's mind?... I think that these behavioral economics...or economists… — Charlie Munger Copy Share Image
Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians… — Gavyn Davies Copy Share Image
Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is… — Robert J. Shiller Copy Share Image
I remember once reading that it is still not understood how the giraffe manages to pump an adequate blood supply all the… — Robert Solow Copy Share Image
Liberal economists conceive of societies as black boxes connected by exchange rates; as long as exchange rates are correct, what goes on… — Robert Gilpin Copy Share Image
In most cases I start off with a sketch. But I'm also thinking about real images: out of National Geographic, out of… — Wangechi Mutu Copy Share Image
In the early 1990s, there was a debate among economists over shock therapy versus a gradualism strategy for Russia. The people in… — Joseph Stiglitz Copy Share Image
For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it… — Barry Ritholtz Copy Share Image
Congress has always had a soft spot for "experts" who tell members what they want to hear, whether it's supply-side economists declaring… — Paul Krugman Copy Share Image
But if, if you take a look at what would have happened, I mean, do we need to see soup lines down… — Alexi Giannoulias Copy Share Image
Suppose someone sits down where you are sitting right now and announces to me that he is Napoleon Bonaparte. The last thing… — Robert Solow Copy Share Image
The delicate and intricate pattern of competition and cooperation in the economic behavior of the hundreds of thousands of citizens of Stockholm… — George Stigler Copy Share Image
The ability to work with systems of general equilibrium is perhaps one of the most important skills of the economist - a… — Kenneth E. Boulding Copy Share Image
As economists have often pointed out, we pay doctors for quantity, not quality. As they point out less often, we also pay… — Atul Gawande Copy Share Image
There is a history of mathematical models of oligopolistic competition dating from Cournot to the theory of games. There is also a… — Martin Shubik Copy Share Image
![“[Economists' advice] is something like patent medicine - people know it is largely manufactured by quacks and that a good percentage of the time it won't work, but they continue to buy the brand whose flavor they like.” quote by Barbara Bergmann](https://sms4smile.com/quotes/i/5f2/barbara-bergmann-64259_advice_economists-advice-is-something-like-pate_3170455.jpg)
![“For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission... was an act of cowardice. Rather than man up and say fix this, its broken, we can't…” quote by Barry Ritholtz](https://sms4smile.com/quotes/i/221/barry-ritholtz-5065_broken_for-those-of-you-who-may-be-unaware-mich_2657603.jpg)
