Complexity Quote by Anonymous

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

— Mark Blaug

Economics is the study of how society manages its scarce resources.

— Greg Mankiw

most economists, like doctors, are reluctant to make predictions, and those who make them are seldom accurate. The economy, like the human body, is…

— Alice Rivlin

Economics has been called the dismal science. Once you get to understand it, you may not find it so dismal, but you don't find…

— Jean Chretien

Economics is not a discipline that comes to correct answers - economies are too complex.

— Adam Davidson

“Economists are all too often preoccupied with petty mathematical problems of interest only to themselves. This obsession with mathematics is an easy way of…

— Thomas Piketty

Economics runs the world.

— Machine Gun Kelly

The calculative exactness of practical life which the money economy has brought about corresponds to the ideal of natural science: to transform the world…

— Georg Simmel

Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human…

— Ludwig von Mises

In the 1940s, economics started getting highly mathematical. It was basically because economists weren't smart enough to write down models of real behavior that…

— Richard Thaler

Too large a proportion of recent "mathematical" economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author…

— John Maynard Keynes

Economics is not an exact science.

— John Kenneth Galbraith