Academic research Quote by Ben Bernanke

Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the…

— George Soros

Contrary to what professional economists will typically tell you, economics is not a science. All economic theories have underlying political and ethical assumptions, which…

— Ha-Joon Chang

Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human…

— Dale T. Mortensen

Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups…

— Ludwig von Mises

“Some people argue that economics is an exception to this general story. Economics, they say, provides a much more analytically precise and tightly integrated…

— Thomas Homer-Dixon

That subject has lost its one time appeal to economists as our science has become more abstract, but my interest has even grown more…

— George Stigler

You will perceive that economy, scientifically speaking, is a very contracted science; it is in fact a sort of vague mathematics which calculates the…

— William Stanley Jevons

Economics is not a science, in the sense that a policy can be repeatedly applied under similar conditions and will repeatedly produce similar results.

— Millicent Fenwick

Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.

— Lionel Charles Robbins

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

I have been gradually coming under the conviction, disturbing for a professional theorist, that there is no such thing as economics - there is…

— Kenneth E. Boulding

Economics is not an exact science.

— John Kenneth Galbraith