80s Quote by Duncan Green

Economists got away from really questioning how the world works, how decisions actually got made. If something doesn't conform to neoclassical models ... people…

— W. Brian Arthur

Economists are economical, among other things, of ideas; most make those of their graduate days do for a lifetime.

— John Kenneth Galbraith

Economists create their own worlds. We're like little gods with our artificial economics, wanting to see what happens.

— Edward C. Prescott

I'm an economist by training. And I know that what works is a permanent increase in buying power.

— Sarah Steelman

Economists are people who wonder if what works in reality can also work in theory.

— Ronald Reagan

What good does the theory [of economics] do if it is not working for people?

— Muhammad Yunus

Economists get impatient with philosophy. They are often trained as skilled mathematicians. They don't like going back to ordinary language and first principles.

— Martha C. Nussbaum

Neoclassical economics ... has uncovered important truths about the nature of money and markets because its fundamental model of rational self-interested human behavior is…

— Francis Fukuyama

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

Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.

— Nassim Nicholas Taleb

“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

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