Advances Quote by Adam Davidson

Economic disaster begins with a philosophy of doing less and wanting more.

— Jim Rohn

When politics is elevated over business, economic disaster follows.

— James Cook

Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may…

— Andrew Lo

Narrative drives most of economics. Everything seems to be part of a story, and how that story is told often leads to critical error.

— Barry Ritholtz

Since the global financial crisis and recession of 2007-2009, criticism of the economics profession has intensified. The failure of all but a few professional…

— Robert J. Shiller

The essence of the this-time-is-different syndrome is...rooted in the firmly held belief that financial crises are things that happen to other people in other…

— Carmen Reinhart

The foresight of financial experts was, as so often, a poor guide to the future.

— John Kenneth Galbraith

The October Crisis was not just a crisis of the financial sector, but one arising from an ill-informed and erroneous mindset that still infects…

— Chip Pitts

Financial crises are like fireworks: they illuminate the sky even as they go pop.

— James Buchan

The problem is, of course, that not only is economics bankrupt but it has always been nothing more than politics in disguise ... economics…

— Hazel Henderson

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

— Robert J. Samuelson

On Wall Street, financial crisis destroys jobs. Here in Washington, it creates them. The rest is just details.

— Timothy Noah