Difficult Quote by Charlie Munger

Unlike physics, economists don't settle things. There seems to be plenty of room for different conclusions that are still accepted in the academy.

— Adam Davidson

Unfortunately, a lot of economists wanted to make their subject a science. So the more what you do resembles physics or chemistry, the more…

— Ha-Joon Chang

Economics has never been a science - and it is even less now than a few years ago.

— Paul Samuelson

So, economics should emulate physics' basic ethos, but its search for precision in physics-like formulas is almost always wrong in economics.

— Charlie Munger

“To put it bluntly, the discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often…

— Thomas Piketty

Economics is in many respects the queen of the soft sciences. It's expected to be better than the rest. It's my view that economics…

— Charlie Munger

It is clear that economics, if it is to be a science at all, must be a mathematical science.

— William Stanley Jevons

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

Physicists can only talk to other physicists and economists to economists... sociologists often cannot even understand each other.

— Kenneth E. Boulding

...the discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often highly ideological speculation, at…

— Thomas Piketty

Economics never was a dismal science. It should be a realistic science.

— Paul Samuelson