Best Economics Wisdom
1329 Economics quotes by 729 unique authors
-
Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world.
— Ronald Coase
-
The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.
— Paul Krugman
-
Economics has become increasingly an arcane branch of mathematics rather than dealing with real economic problems.
— Milton Friedman
-
Modern economics is sick. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences for understanding the…
— Unknown Author
-
For far too long economists have sought to define themselves in terms of their supposedly scientific methods. In fact, those methods rely on an immoderate…
— Thomas Piketty
-
In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into…
— Ronald Coase
-
Any man who is only an economist is unlikely to be a good one.
— Friedrich August von Hayek
-
The study of economics has been again and again led astray by the vain idea that economics must proceed according to the pattern of other…
— Ludwig von Mises
-
The use of mathematics has brought rigor to economics. Unfortunately, it has also brought mortis.
— Robert Heilbroner
-
When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.
— Richard Thaler
-
It's an awful stretcher to believe that a peacock's tail was thus formed but ... most people just don't get it - I must be…
— Charles Darwin
-
There is a grandeur in this view of life, from so simple a beginning endless forms most beautiful are being evolved
— Charles Darwin
-
The only answer to the endless chains of why, why, why is that the alternatives died
— Daniel Dennett
-
In order to make a perfect and beautiful machine, it is not requisite to know how to make it. All the works of human genius…
— Daniel Dennett
-
Life results from the non-random survival of randomly varying replicators. The watchmaker is blind
— Richard Dawkins
-
The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process
— Joseph A. Schumpeter
-
Now we see evolutionary trends in a variety of areas ranging from atomic and molecular physics through fluid mechanics, chemistry and biology to large scale…
— Ilya Prigogine
-
Thinking is a physical process, the human brain is not exempt from evolution
— Steven Pinker
-
Our aim must be to make our successive mistakes as quickly as possible. To speed up evolution.
— Karl Popper
-
Economists have the correct insight that economics is a theory of choice, the key to the story is the variety of options and centralised political…
— Douglass North
-
It struck me that favourable variations would tend to be preserved and unfavourable ones tend to be destroyed
— Charles Darwin
-
What really happens is that the gene pool becomes filled with genes that influence bodies in such a way that they behave 'as if' they…
— Richard Dawkins
-
The perennial gale of creative destruction
— Joseph A. Schumpeter
-
It is useful while mankind is imperfect that there should be different opinions, so that there should be different experiments of living, that free scope…
— John Stuart Mill
-
Conformity can be costly in a world of uncertainty which requires innovative institutional creation because no one can know the right path to survival. Over…
— Douglass North
More Ways to Read Economics Quotes
Who Wrote These Economics Quotes
729 authors contributed a total of 1,329 Economics Quotes, led by these top contributors: