Economists Quotes · Page 3

Economics is too important to leave to the economists.

— Steve Keen

Instead of a universal basic income, we could have a basic income guarantee. Or, as economists prefer to call it, a negative…

— Rutger Bregman

Economists can certainly disappoint you. One said that the economy would turn up by the last quarter. Well, I'm down to mine…

— Robert Orben

Economists create their own worlds. We're like little gods with our artificial economics, wanting to see what happens.

— Edward C. Prescott

In the assumption that power belongs as a matter of course to capital, all economists are Marxians.

— John Kenneth Galbraith

Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory.

— William Stanley Jevons

I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else.

— Richard Thaler

Economists state their GNP growth projections to the nearest tenth of a percentage point to prove they have a sense of humor.

— Edgar Fiedler

Economists say the inability to delay gratification is a primary predictor of economic failure in life.

— Brian Tracy

I don't think quantitative easing is deliberately misleading, but I do think it's suspiciously bland and reassuring. It doesn't sound like anything…

— John Lanchester

Economists are behavioural psychologists, but they think more is better; they want to make everyone richer. They should pause. More's not necessarily…

— David Hemenway

'Fun money' is another thing that makes no sense to traditional economists. Because there's just money; there's no 'fun money.' It's all…

— Richard Thaler

Economists and financial analysts are not like steelworkers or people in other occupations. They don't get evaluated based on their performance. They…

— Dean Baker

Economics evolved as a more moral and more egalitarian approach to policy than prevailed in its surrounding milieu. Let's cherish and extend…

— Tyler Cowen

Many economists are great believers in the idea that everything in nature is competitive and that we should set up a society…

— Frans de Waal

Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write…

— John Maynard Keynes

I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our…

— Friedrich August von Hayek

Now, that's not my analysis. That's the analysis of economists who have looked at this. And, and that kind of top, top-down…

— Barack Obama

Some struggle with medical issues - like insomnia - that make sleep hard. But for many of us, the quantity and quality…

— Sendhil Mullainathan

I cannot disagree with you that having something like 500 economists is extremely unhealthy. As you say, it is not conducive to…

— Milton Friedman

I write with two things in mind. I want to be right with my fellow economists. After all, I've made my life…

— John Kenneth Galbraith

“We both approach the world as economists, and as economists resigned to - and sometimes even reveling in - the character defect…

— Steven Landsburg

The years of the Great Depression were a superb time for economists because people not knowing what could be done or what…

— John Kenneth Galbraith

“Economists are not responsible for the wealth of nations, but they can be responsible for the poverty of nations. This is an…

— Peter J. Boettke

Our popular economics writers, however, are not in the business of giving their readers a ringside seat on the research action; with…

— Paul Krugman

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

— Ivan Illich

It is a misfortune of the times that all of us must needs be amateur economists-including, and perhaps especially, the professionals.

— Benjamin Graham

Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.

— Nassim Nicholas Taleb

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

— Emily Oster

Most economists, including me, agree that longevity insurance would make sense for a lot of people.

— Richard Thaler

Economists talk about profit motive, but nothing motivates modern man more than a chance to avoid taxes!

— Peter Drucker

Fortunately, economists open to new ways of thinking are finding novel ways to use supposedly irrelevant factors to make the world a…

— Richard Thaler

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

— Richard Davenport-Hines

All great economists are tall. There are two exceptions: John Kenneth Galbraith and Milton Friedman.

— George Stigler

If economists were good at business, they would be rich men instead of advisers to rich men.

— Kirk Kerkorian

The economists who have put the spotlight on teacher quality are the ones who most misunderstand it.

— Andy Hargreaves

Academic economists have consistently discredited themselves by wrongly warning against the policies of President Trump.

— Scott Bessent

Economists often like startling theorems, results which seem to run counter to conventional wisdom.

— Joseph Stiglitz

One speaks with great respect of economists, if only because they represent such a variety of opinions.

— Robert Menzies

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

— Mark Zandi