Economists Quotes · Page 5

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

— John Maynard Keynes

“Some economists predict that sooner or later, unenhanced humans will be completely useless.”

— Yuval Noah Harari

Most academic economists know nothing of economy. In fact, they know little of anything.

— Edward Abbey

If all the economists were laid end to end, they'd never reach a conclusion.

— George Bernard Shaw

Sometimes economists in official positions give bad advice; sometimes they give very, very bad advice; and sometimes they work at the OECD.

— Paul Krugman

Economists want their discipline to be a science, and they have nailed down a few precepts, but many of their debates are…

— Nathan Myhrvold

In a world where for pedagogic and other purposes a very large number of economists is required, an arrangement which discourages many…

— John Kenneth Galbraith

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

Economists suffer from a deep psychological disorder that I call 'physics envy'. We wish that 99 percent of economic behavior could be…

— Andrew Lo

Along with others, I have tried to pry economists away from narrow assumptions about self interest. Behavior is driven by a much…

— Gary Becker

Economists specialize in pointing out unpleasant trade-offs - a skill that is on full display in the health care debate. We want…

— Sendhil Mullainathan

I can observe the game theory is applied very much in economics. Generally, it would be wise to get into the mathematics…

— John Forbes Nash, Jr

We have lots of evidence that putting investments in early childhood education, even evidence from very hard-nosed economists, is one of the…

— Alison Gopnik

Yeah, you know, there's a difference between the textbook world that economists like to imagine, and the real world where real people…

— Paul Romer

A study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country's attracts 3…

— Henry Paulson

Psychologists and economists love to talk about the notion of two selves: present self and future self. It's a nice way to…

— Daniel Goldstein

Modern economics is sick. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences…

— Mark Blaug

Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn’t…

— Paul Krugman

There is a small minority of well-educated people with relatively sensible views on economics, and an extremely tiny minority of economists with…

— Bryan Caplan

Throughout the industrial era, economists considered manufactured capital - money, factories, etc. - the principal factor in industrial production, and perceived natural…

— Paul Hawken

If the economists are arguing as to whether we need to cut or stimulate, because they're completely opposite policies, and they can't…

— Michael Marmot

The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the…

— Henry Hazlitt

“...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt,…

— Steve Keen

“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

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

— Paul Ormerod

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

— Al Nichol

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

— Tim Harford

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

— Mario Monti

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

— Jean-Paul Kauffmann

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

— Daniel Kahneman

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

— Mark Zandi

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

— Simon Kuznets

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 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

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

— Kirk Kerkorian

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

— George Stigler

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

— Scott Bessent

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

— Andy Hargreaves

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

— Emily Oster