Economics Quote by James Tobin

Keynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times.

— Thomas J. Sargent

Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models…

— Joseph Stiglitz

Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models…

— Joseph Stiglitz

“In a BBC broadcast in 1934, when he was a year away from finishing The General Theory, Keynes pinpointed the fundamental difference between an…

— Stephen A. Marglin

I had become interested in economics, an interest that was transformed into a lifetime dedication when I met with the mathematical theory of general…

— Gerard Debreu

“The intellectual case for planning was never very strong. Keynes, as we have seen, regarded economic planning much as he did pure market theory:…

— Tony Judt

“In Keynes’s time, physicists were first grappling with the concept of quantum mechanics, which, among other things, imagined a cosmos governed by two entirely…

— Peter D. Schiff

Keynes was scarcely a 'revolutionary' in any real sense. He possessed the tactical wit to dress up ancient statist and inflationist fallacies with modern,…

— Murray Rothbard

Keynesian modelling relies on marginal propensity to consume and marginal propensity to invest. The idea that if we give more money to the poor,…

— Myron Scholes

I studied economics and made it my career for two reasons. The subject was and is intellectually fascinating and challenging, particularly to someone with…

— James Tobin

I have certain objectives. They're the same objectives my father had to give people a higher standard of living, to do away with the…

— Indira Gandhi

The scientific study of labor economics provided the opportunity for me to unite theory with evidence my lifetime intellectual passion.

— James Heckman