Economics Quote by Joan Robinson Download Open image “The point of studying economics is so as not to be fooled by economists.” — Joan Robinson ★ ★ ★ ★ ★ 2.6 out of 5 (4 ratings) Copy quoteShare Economics Economics Fooled Economist Economists Fooled Fooled Economists Point Studying Study Studying economics
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being… — Joan Robinson Copy Share Image
I had never taken any economics. I literally didn't know what it was. I thought it was just about the study of money. — David Autor Copy Share Image
Every short statement about economics is misleading (with the possible exception of my present one). — Alfred Marshall Copy Share Image
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 Copy Share Image
Economics is haunted by more fallacies than any other study known to man — Henry Hazlitt Copy Share Image
It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be… — Anonymous Copy Share Image
An economist is a scoundrel who tells you the way things are rather than the way you want them to be. — William Nordhaus Copy Share Image
Economists are people who wonder if what works in reality can also work in theory. — Ronald Reagan Copy Share Image
The very nature of economics is rooted in nationalism. ... It [was] developed ... in the hope of throwing light upon questions of policy.… — Joan Robinson Copy Share Image
Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done. — Joan Robinson Copy Share Image
we make a great fuss about national conscience, but it consists mainly in insisting upon everyone ascribing our national policy to highly moral motives,… — Joan Robinson Copy Share Image
Marx, however imperfectly he worked out the details, set himself the task of discovering the law of motion of capitalism, and if there is… — Joan Robinson Copy Share Image
Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat… — Joan Robinson Copy Share Image
science progresses by trial and error, and when it is forbidden to admit error there can be no progress. — Joan Robinson Copy Share Image
The orthodox doctrines of economics which were dominant in the last quarter of the nineteenth century had a clear message. They supported laisser faire,… — Joan Robinson Copy Share Image
It's a terrible thing to be a worker exploited in the capitalist system. The only worse thing is to be a worker unable to… — Joan Robinson Copy Share Image
Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it. ... Absolute misery grows while wealth increases. — Joan Robinson Copy Share Image
“After the war, when the problem of deficient effective demand seemed to have faded into the background, a fresh question came to the fore… — Joan Robinson Copy Share Image
Don't let's lose sight of what creates wealth. It is open markets, it is capitalism. — Rupert Murdoch Copy Share Image
Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours. — Alan Greenspan Copy Share Image
Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say. — Mark Zandi Copy Share Image
Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,… — Christopher Bond Copy Share Image
Our engagement through international economics, trade, these trade agreements, is vital and is linked to our national security. This is a lesson we learned… — Charles Boustany Copy Share Image
“The free-market economy and globalisation process have brought about, in the late twentieth and early twenty-first century, a sharp and sudden rise in the… — Yaakov Malkin Copy Share Image
“Everything economic science posits as given, that is, the range of dispositions of the economic agent which ground the illusion of the ahistorical universality… — Pierre Bourdieu Copy Share Image
Politics is about power. It is about the power of the state. It is about the power of the state as applied to individuals,… — Kevin Rudd Copy Share Image
“a select group of high-performing companies have managed to close the strategy-to-performance gap through better planning and execution. These companies—Barclays, Cisco Systems, Dow Chemical,… — Michael C. Mankins Copy Share Image
The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those… — Friedrich August von Hayek Copy Share Image
Economists think about what people ought to do. Psychologists watch what they actually do. — Daniel Kahneman Copy Share Image