Branches Quote by Ludwig von Mises

Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human…

— Ludwig von Mises

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

— Dale T. Mortensen

Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would…

— Henry Hazlitt

“The economics we need is of the "seminar room" variety, not the "rule-of-thumb" kind. It is an economics that recognizes its limitations and caveats…

— Dani Rodrik

If people are teaching economics, they need to teach all the different disciplines, all the different schools in economics. They can't just teach one…

— Charles Koch

What good does the theory [of economics] do if it is not working for people?

— Muhammad Yunus

The problem is a lot of what is called economics is not economics. It is more ideology or religion.

— Joseph Stiglitz

Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the…

— George Soros

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its…

— John Kenneth Galbraith

“To put it bluntly, the discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often…

— Thomas Piketty

Economics are part of our life. We try to treat them separately, like over there is the economy and here is history. Econ affects…

— Amity Shlaes