Economists Quotes · Page 4

Economists are very good at saying that something cannot go on forever, but not so good at saying when it will stop.

— Herbert Stein

Economists must always be prepared for surprises: they find many in trying to find order in the universe of their study.

— Simon Kuznets

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

— Daniel Kahneman

The economy depends about as much on economists as the weather does on weather forecasters.

— Jean-Paul Kauffmann

Economists who speak the English tongue are strangely intimidated by mathematical symbols.

— Al Nichol

I have always been considered to be the most German among Italian economists, which I always received as a compliment, but was…

— Mario Monti

There is much more to life than what gets measured in accounts. Even economists know that.

— Tim Harford

Despite the high salaries involved, employing economists is a cost-effective way for banks, and stockbrokers to secure exposure in the media.

— Paul Ormerod

No one knows anything about economics. It's the great lie of the economists. By contrast in football people might have contrasting opinions,…

— Vicente del Bosque

The America that I think most Americans would want, most economists on the right or left would want, is one in which…

— Adam Davidson

Entire populations of market strategists, fund managers, and economists are employed to try and intuit for clients which securities to bet on…

— Kelly Evans

Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information…

— Burton Malkiel

The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is…

— John Maynard Keynes

The obstacles facing academic economists are formidable, for tenure and professional advancement still depend to a large extent on a willingness to…

— Paul Ormerod

Happiness quantification sounds a bit wishy-washy, sure, and through a series of carefully administered surveys across the globe, economists and psychologists have…

— Adam Davidson

Gambling interests hire lots of economists to do impact studies, but what you need is cost-benefit analysis, and you'll never see the…

— John Warren Kindt

“Economists at Standard & Poor’s Ratings Services are the authors of the straightforwardly titled “How Increasing Inequality is Dampening U.S. Economic Growth,…

— Anonymous

The rationale for tenure is still valid. But the system has turned the academy into one of the most conservative and costly…

— Francis Fukuyama

Experts kill me. Economic experts, that is. Corporations, foundations, publications and governments pay them by the bucketful, and they fill buckets with…

— Malcolm Forbes

“While economists of such different political affiliations as Paul Krugman, Larry Summers, and Tyler Cowen all have written extensively about the cause…

— Jonathan Taplin

Mathematical economics is old enough to be respectable, but not all economists respect it. It has powerful supporters and impressive testimonials, yet…

— James R Newman

One of the most important skills of the economist, therefore, is that of simplification of the model. Two important methods of simplification…

— Kenneth E. Boulding

One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular…

— Robert J. Samuelson

One of the profound effects of economics in our day is that the people with the money and the power have embraced…

— Jane Smiley

You know economists; they're the sort of people who see something works in practice and wonder if it would work in theory.

— Ronald Reagan

The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.

— Nassim Nicholas Taleb

Leading economists have shown that by shrinking Texas, we can actually create more income for Texas in the long run.

— Ian Frazier

What Disneyland was to my kids at age 10, that's kind of what Chicago is for economists.

— Austan Goolsbee

Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can.

— Tim Harford

Ask five economists and you'll get five different answers - six if one went to Harvard..

— Edgar Fiedler

Economists (and others) who are satisfied with nature-free equations develop a dangerous hubris about the potency of our species

— Garrett Hardin

Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do.

— John Kenneth Galbraith

If economists were to wait for careful studies before offering opinions about policy, we would never have anything timely to say.

— Raghuram Rajan

Unlike physics, economists don't settle things. There seems to be plenty of room for different conclusions that are still accepted in the…

— Adam Davidson

If you put two economists xin a room, you get two opinions, unless one of them is Lord Keynes, in which case…

— Winston Churchill

I guess economists, it’s a bit like scientists, you have definitely fewer women in that field,

— Christine Lagarde

“I think you have to be a mathematician to appreciate how full of shit economists are, how astrological their equations are.”

— Cory Doctorow

If all the economists in the world were laid end to end, it wouldn't be a bad thing.

— Peter Lynch

All economists should be locked up until they admit that they don't know what they're talking about.

— Andy Rooney

It is from the scope and wisdom of the economists of the past that we must reap the knowledge with which to…

— Robert Heilbroner