Academic Quote by Friedrich August von Hayek

If socialists understood economics, they wouldn't be socialist.

— Friedrich August von Hayek

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

“They (economists) must set aside their contempt for other disciplines and their absurd claim to greater scientific legitimacy, despite the fact that they know…

— Thomas Piketty

Economists want their discipline to be a science, and they have nailed down a few precepts, but many of their debates are still clouded…

— Nathan Myhrvold

Socialism is not a science, a sociology in miniature: it is a cry of pain.

— Emile Durkheim

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

...even professors of economics, to say nothing of the public, do not generally have scientific minds.

— Frank Knight

Despite its scientific pretensions, economics still remains more of an art than a science

— Robert Kuttner

The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.

— David Korten

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

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

In my opinion, economists and sociologists are the people to whom we ought to turn more than we do for instruction in the grounds…

— Oliver Wendell Holmes, Jr