Awkward Quote by Edwin Arlington Robinson

How is it that we have created an economic system that tells us it is cheaper to destroy the earth and exhaust its people…

— Paul Hawken

Economics is like a church, and it fulfills the same function the church had fulfilled for centuries: the justification of the status quo.

— Thomas Pogge

It is, after all, only common sense to realize that, but for the fact that economic life is a process of incessant internal change,…

— Joseph A. Schumpeter

Though my heart may be left of centre, I have always known that the only economic system that works is a market economy... This…

— Vaclav Havel

Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human…

— Ludwig von Mises

The modern history of economic theory is a tale of evasions of reality.

— Thomas Balogh, Baron Balogh

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

It is thus hardly surprising that so many of the great minds in recent history have concerned themselves with economic matters. Indeed, they have…

— Paul Zane Pilzer

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

Personally, I don't see old economics and behavioural economics as opposed. It is useful to assume people are rational as a good approximation to…

— Evan Davis

“A hugely complicated, centrally planned, social and economic system can only be kept on the rails for as long as people believe in it.”

— Paul Kriwaczek

It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is…

— Ludwig von Mises