Behavior Quote by George Stigler

Many economists are great believers in the idea that everything in nature is competitive and that we should set up a society which is…

— Frans de Waal

A loving and fierce defense of economics as a science.

— Robert Krulwich

Economists operate with this image of the homo economicus, the rational economic agent, and while such agents are rare in the wider world, they…

— Thomas Pogge

“The social function of economic science consists precisely in developing sound economic theories and in exploding the fallacies of vicious reasoning. In the pursuit…

— Ludwig Von Mises

Economists suffer from a deep psychological disorder that I call 'physics envy'. We wish that 99 percent of economic behavior could be captured by…

— Andrew Lo

Economies are complex beasts that need people to do an extraordinary range of tasks.

— Geoff Mulgan

That's the world we live in: when it comes to economics, people have emotions; it's not like chemistry or physics.

— Robert J. Shiller

“Market without competition impedes its' dynamics.”

— Toba Beta

“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

“Our market-intensive societies measure material progress by the increase in the volume and variety of commodities produced. And taking our cue from this sector,…

— Ivan Illich

“In the market economy the consumers are supreme. Consumers determine, by their buying or abstention from buying, what should be produced, by whom and…

— Ludwig Von Mises

The ability to work with systems of general equilibrium is perhaps one of the most important skills of the economist - a skill which…

— Kenneth E. Boulding