---
title: "2 Textbooks Economics Quotes by 2 authors"
description: "Browse 2 Textbooks Economics quotes by 2 authors. Discover the best Textbooks Economics sayings and thoughts."
image: "https://sms4smile.com/quotes/i/41d/michael-sandel-10344_children_today-if-you-look-at-most-economic-textb_492852.jpg"
---

> [Today if you look at most economic textbooks, economics is not defined by subject matter. It's presented as a science of social choice that applies not only to material goods - not only to flat-screen televisions - but to every…](https://sms4smile.com/quotes/michael-sandel/today-if-you-look-at-most-economic-textbooks-economics-is-not-defined/)

[Michael Sandel](https://sms4smile.com/quotes/author/michael-sandel/)

[Image](https://sms4smile.com/quotes/i/41d/michael-sandel-10344_children_today-if-you-look-at-most-economic-textb_492852.jpg)

> [Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the 'what,' but it certainly is not the 'why.'](https://sms4smile.com/quotes/ben-bernanke/textbooks-describe-economics-as-the-study-of-the-allocation-of-scarce/)

[Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/)

[Image](https://sms4smile.com/quotes/i/539/ben-bernanke-1388_allocation_textbooks-describe-economics-as-the-stud_2457616.png)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "ItemList",
            "@id": "https://sms4smile.com/quotes/about/textbooks-economics/#itemlist",
            "name": "Textbooks Economics Quotes",
            "numberOfItems": 2,
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "item": {
                        "@type": "Quotation",
                        "text": "Today if you look at most economic textbooks, economics is not defined by subject matter. It's presented as a science of social choice that applies not only to material goods - not only to flat-screen televisions - but to every decision we make, whether it's to get married, or to stay married, whether to have children and how to educate those children, or how to look after our health.",
                        "creator": {
                            "@type": "Person",
                            "name": "Michael Sandel"
                        },
                        "url": "https://sms4smile.com/quotes/michael-sandel/today-if-you-look-at-most-economic-textbooks-economics-is-not-defined/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/41d/michael-sandel-10344_children_today-if-you-look-at-most-economic-textb_492852.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/41d/michael-sandel-10344_children_today-if-you-look-at-most-economic-textb_492852.jpg",
                            "url": "https://sms4smile.com/quotes/i/41d/michael-sandel-10344_children_today-if-you-look-at-most-economic-textb_492852.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Today if you look at most economic textbooks, economics is not defined by subject matter. It's presented as…” — Michael Sandel",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "item": {
                        "@type": "Quotation",
                        "text": "Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the 'what,' but it certainly is not the 'why.'",
                        "creator": {
                            "@type": "Person",
                            "name": "Ben Bernanke"
                        },
                        "url": "https://sms4smile.com/quotes/ben-bernanke/textbooks-describe-economics-as-the-study-of-the-allocation-of-scarce/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/539/ben-bernanke-1388_allocation_textbooks-describe-economics-as-the-stud_2457616.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/539/ben-bernanke-1388_allocation_textbooks-describe-economics-as-the-stud_2457616.png",
                            "url": "https://sms4smile.com/quotes/i/539/ben-bernanke-1388_allocation_textbooks-describe-economics-as-the-stud_2457616.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the…” — Ben Bernanke",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                }
            ]
        },
        {
            "@type": "CollectionPage",
            "@id": "https://sms4smile.com/quotes/about/textbooks-economics/#webpage",
            "url": "https://sms4smile.com/quotes/about/textbooks-economics/",
            "name": "Textbooks Economics Quotes",
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "mainEntity": {
                "@id": "https://sms4smile.com/quotes/about/textbooks-economics/#itemlist"
            },
            "primaryImageOfPage": {
                "@id": "https://sms4smile.com/quotes/i/41d/michael-sandel-10344_children_today-if-you-look-at-most-economic-textb_492852.jpg"
            },
            "description": "Browse 2 Textbooks Economics quotes by 2 authors. Discover the best Textbooks Economics sayings and thoughts.",
            "breadcrumb": {
                "@id": "https://sms4smile.com/quotes/about/textbooks-economics/#breadcrumb"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://sms4smile.com/quotes/about/textbooks-economics/#breadcrumb",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Topics",
                    "item": "https://sms4smile.com/quotes/categories/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Textbooks Economics Quotes",
                    "item": "https://sms4smile.com/quotes/about/textbooks-economics/"
                }
            ]
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```