Conventional Quote by Joseph Stiglitz

In economic theory the conclusions are sometimes less interesting than the route by which they are reached.

— Piero Sraffa

Beware of economists who hide assumptions.

— Anat R. Admati

For far too long economists have sought to define themselves in terms of their supposedly scientific methods. In fact, those methods rely on an…

— Thomas Piketty

“The mathematical economists have commonly been mathematicians first and economists afterward, disposed to oversimplify the data and underestimate the divergence between their premises and…

— Frank H. Knight

Economics is counterintuitive. It just is.

— Edward Conard

Economics is haunted by more fallacies than any other study known to man

— Henry Hazlitt

Sometimes economists are right, and sometimes economists are wrong.

— Abhijit Banerjee

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

We chose to do this work mathematically, which has the advantage of precision but is not always appreciated by readers. It is perhaps for…

— Luigi Luca Cavalli-Sforza

“Economists are all too often preoccupied with petty mathematical problems of interest only to themselves. This obsession with mathematics is an easy way of…

— Thomas Piketty

Economists are people who wonder if what works in reality can also work in theory.

— Ronald Reagan

Economists get impatient with philosophy. They are often trained as skilled mathematicians. They don't like going back to ordinary language and first principles.

— Martha C. Nussbaum