It is almost as hard to define mathematics as it is to define economics, and one is tempted to fall back on… — Kenneth E. Boulding Copy Share Image
When economists speak of money, they neglect that all money and credit is debt. That is the essence of bookkeeping and accounting.… — Michael Hudson Copy Share Image
We chose to do this work mathematically, which has the advantage of precision but is not always appreciated by readers. It is… — Luigi Luca Cavalli-Sforza Copy Share Image
Combining valuable insights from his experience in China, his time as the World Bank's chief economist, and the 2008 financial crisis, Justin… — Kemal Dervis Copy Share Image
In 1925, when Britain went back to the gold standard, that was supported by the Conservative Party, the Labour Party, the Bank… — Ed Balls Copy Share Image
One of the best predictors of policy around is Thomas Ferguson's investment theory of politics, as he calls it - very outstanding… — Noam Chomsky Copy Share Image
In the fourth grade, my history teacher gave us a project: Why was the auto industry located in Detroit, Michigan? I didn't… — Mark Zandi Copy Share Image
The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of… — Joan Robinson Copy Share Image
Contrary to economists' beliefs, the informal sectors of the world's economies, in total, are predominant, and the institutionalized, monetized sectors grow out… — Hazel Henderson Copy Share Image
Behavioral economists have shown that a sizable percentage of people are willing to pay real money to punish people who are taking… — James Surowiecki Copy Share Image
I've debated many economists who claim to specialize in risk and probability: when one takes them slightly outside their narrow focus, but… — Nassim Nicholas Taleb Copy Share Image
Economists have provided capitalists with a comforting concept called the "free market." It does not describe any part of reality, at any… — Edward S. Herman Copy Share Image
There is the expression of selfishness and there is the expression of selflessness - but economists or theoreticians never touched that part.… — Muhammad Yunus Copy Share Image
Ultimately, however, as the Austrian economist Joseph Schumpeter pointed out, a powerful bureaucratic class is in the same relation to commerce as… — John Derbyshire Copy Share Image
The unpopularity of economics is the result of its analysis of the effects of privileges. It is impossible to invalidate the economists… — Ludwig von Mises Copy Share Image
For the historian everything begins and ends with time, a mathematical, godlike time, a notion easily mocked, time external to men, 'exogenous,'… — Fernand Braudel Copy Share Image
Can a controlled experiment explain why people like Kewpie dolls in one year, Beanie Babies in another, and American Girl dolls this… — Robert J. Shiller Copy Share Image
If a magazine proudly labels itself 'The Economist,' you would expect that publication to understand the economic burdens of today's youth. But… — Ana Kasparian Copy Share Image
How is it that, in the face of overwhelming scientific evidence, there are still some who would deny the dangers of climate… — Nicholas Stern Copy Share Image
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 Copy Share Image
If I know what to spec, and I can measure it, and there are no unpredictable interdependencies between what you do and… — Clayton Christensen Copy Share Image
Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a… — Llewellyn Rockwell Copy Share Image
I think the association of economics with forecasting is unfortunate and is down to the fact that one great way to get… — Tim Harford Copy Share Image
The intriguing aspect of food charges on airlines is that they create the perfect laboratory for any economist who wishes to study… — Timothy Noah Copy Share Image
Love is the felt experience of connection to another being. An economist says 'more for you is less for me.' But the… — Charles Eisenstein Copy Share Image
Economists suffer from a deep psychological disorder that I call 'physics envy'. We wish that 99 percent of economic behavior could be… — Andrew Lo Copy Share Image
As a preacher, I should be prompted to tell men, not so much how to get their wheat bread cheaper, as of… — Henry David Thoreau Copy Share Image
An American economist of two generations ago, H. J. Davenport, who was the best friend Thorstein Veblen ever had (Veblen actually lived… — Paul Samuelson Copy Share Image
In short, I do not write for mathematicians, nor as a mathematician, but as an economist wishing to convince other economists that… — William Stanley Jevons Copy Share Image
But there is no equality of opportunity under existing laws and customs. In the race for wealth, which the economist seems as… — Joshua K. Ingalls Copy Share Image
Physicists only talk to physicists, economists to economists-worse still, nuclear physicists only talk to nuclear physicists and econometricians to econometricians. One wonders… — Kenneth E. Boulding Copy Share Image
In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International… — Janet Yellen Copy Share Image
They [free market policies] were never based on solid empirical and theoretical foundations, and even as many of these policies were being… — Joseph Stiglitz Copy Share Image
My principal work now lies in tracing out the exact nature and conditions of utility. It seems strange indeed that economists have… — William Stanley Jevons Copy Share Image
“In an age in which economists take for granted that people equate well-being with consumption, increasing numbers of people seem willing to… — Eugene Linden Copy Share Image
I've heard people say that the trouble with the world is that we haven't enough great leaders. I think we haven't enough… — Babe Ruth Copy Share Image
![“They [free market policies] were never based on solid empirical and theoretical foundations, and even as many of these policies were being pushed, academic economists were explaining the limitations of markets for instance, whenever information is imperfect, which is to say always.” quote by Joseph Stiglitz](https://sms4smile.com/quotes/i/184/joseph-stiglitz-1351_academic_they-free-market-policies-were-never-bas_1158951.jpg)
