Economic Theory Quotes
36 Economic Theory quotes by 31 unique authors
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Among the current discussions, the impact of new and sophisticated methods in the study of the past occupies an important place. The new 'scientific' or…
— Robert Fogel
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Unlike physics, for example, such parts of the bare bones of economic theory as are expressible in mathematical form are extremely easy compared with the…
— John Maynard Keynes
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The first issue to be settled is whether socialism has a right to exist. Are its allegations concerning the present system true? Is industry proceeding…
— John Bates Clark
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Almost all systems of economic thought are premised on the idea of continued economic growth, which would be fine and dandy if we lived on…
— George Monbiot
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In economic theory the conclusions are sometimes less interesting than the route by which they are reached.
— Unknown Author
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Conventional economic theory... counts the depletion of resources as the accumulation of wealth.
— Mark Lynas
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Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action…
— Ludwig von Mises
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Economic theory has nothing to say as to what commodity will acquire the status of money. Historically, it happened to be gold. But if the…
— Hans-Hermann Hoppe
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I believe myself to be writing a book on economic theory which will largely revolutionize - not, I suppose, at once but in the course…
— John Maynard Keynes
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We are all far less rational in our decision-making than standard economic theory assumes. Our irrational behaviors are neither random nor senseless: they are systematic…
— Dan Ariely
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The individualism of current economic theory is manifest in the purely self-interested behaviour it generally assumes. It has no real place for fairness, malevolence, and…
— Herman E. Daly
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In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or…
— Martin Feldstein
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Nothing has done more to render modern economic theory a sterile and irrelevant exercise in autoeroticism than its practitioners’ obsession with mathematical, general-equilibrium models.
— Robert Higgs
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Even before I came to Chicago, I had gotten interested in the existence of dispersion of prices under conditions which economic theory said would yield…
— George Stigler
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It was not until I got my first job, at the University of Washington in Seattle, and began playing chess with Don Gordon, a brilliant…
— Douglass North
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Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in…
— Ludwig von Mises
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We become slaves the moment we hand the keys to the definition of reality entirely over to someone else, whether it is a business, an…
— B. W. Powe
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As far as social-economic theory is concerned, I am still a Marxist
— Dalai Lama
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If I really believed in Friedman's economic theory, then I'd be quite satisfied to spend the rest of my life with a garden hose shoved…
— Nigel Lawson
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Free market capitalism is far more than economic theory. It is the engine of social mobility-the highway to the American Dream.
— George W. Bush
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There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. We have no…
— Sir John Richard Hicks
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My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the economics…
— James Meade
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My interest in economics has always been in the whole corpus of economic theory, the interrelationships between the various fields of theory and their relevance…
— James Meade
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Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of study.
— John Kenneth Galbraith
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I imagine you already know that I am much more socialistic in my economic theory than capitalistic. And yet I am not so opposed to…
— Martin Luther King, Jr.
Who Wrote These Economic Theory Quotes
31 authors contributed a total of 36 Economic Theory Quotes, led by these top contributors: