Economic Quote by Ludwig von Mises

“Economics is more than just a way to see patterns or to unravel puzzling anomalies. Its fundamental concern is with the material standard of…

— Thomas Sowell

Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human…

— Dale T. Mortensen

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists…

— Henry Hazlitt

“The task of the economist is not merely, as in equilibrium theory, to examine the logical consistency of various modes of action, but to…

— Ludwig Lachmann

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

Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past…

— Ben Bernanke

It is from the scope and wisdom of the economists of the past that we must reap the knowledge with which to face the…

— Robert Heilbroner

I believe the power of Economics is to help provide a unique lens for looking at the world.

— Russ Roberts

Foresight is an imperfect thing - all prevision in economics is imperfect.

— John Kenneth Galbraith

One of the profound effects of economics in our day is that the people with the money and the power have embraced the guilt-free,…

— Jane Smiley

If economics wants to understand the new economy, it not only has to understand increasing returns and the dynamics of instability. It also has…

— W. Brian Arthur

I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships.

— Ray Dalio