Economics Quote by Nassim Nicholas Taleb Download Open image ““Economics is not a science and should not be there to advise policy.”” — Nassim Nicholas Taleb ★ ★ ★ ★ ★ 4.5 out of 5 (9 ratings) Copy quoteShare Economics Science
“We both approach the world as economists, and as economists resigned to - and sometimes even reveling in - the character defect that diverts… — Steven Landsburg Copy Share Image
Economics has never been a science - and it is even less now than a few years ago. — Paul Samuelson Copy Share Image
Economics is not a science, in the sense that a policy can be repeatedly applied under similar conditions and will repeatedly produce similar results. — Millicent Fenwick Copy Share Image
“Wouldn't economics make a lot more sense if it were based on how people actually behave, instead of how they should behave?” — Dan Ariely Copy Share Image
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 Copy Share Image
Economics is a subject that does not greatly respect one's wishes. — Nikita Khrushchev Copy Share Image
We're facing a danger that economics is rigorous deduction based upon faulty assumptions. Science after science gets that way from time to time. When… — W. Brian Arthur Copy Share Image
Don't undermine the science just because you don't like the economics. That's a dangerous slope, because the problem of course is you're not undermining… — Brian Cox Copy Share Image
“There is nothing as dangerous as an economist who only knows economics except the moral philosopher who knows no economics.” — Peter Boettke Copy Share Image
Wittgenstein's ruler: Unless you have confidence in the ruler's reliability, if you use a ruler to measure a table you may also be using… — Nassim Nicholas Taleb Copy Share Image
In politics we face the choice between warmongering, nation-state loving, big-business agents on one hand; and risk-blind, top-down, epistemic arrogant big servants of large… — Nassim Nicholas Taleb Copy Share Image
My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the… — Nassim Nicholas Taleb Copy Share Image
Using, as an excuse, others' failure of common sense is in itself a failure of common sense. — Nassim Nicholas Taleb Copy Share Image
You know, children philosophize more than adults - and they are critical of adults. — Nassim Nicholas Taleb Copy Share Image
“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises… — Nassim Nicholas Taleb Copy Share Image
“One needs to go out and buy a lottery ticket in order to win. Does it mean that the work involved in the trip… — Nassim Nicholas Taleb Copy Share Image
Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money… — Nassim Nicholas Taleb Copy Share Image
“If you are looking for your misplaced wallet in your living room, in a trial and error mode, you exercise rationality by not looking… — Nassim Nicholas Taleb Copy Share Image
“Most humans manage to squander their free time, as free time makes them dysfunctional, lazy, and unmotivated—the busier they get, the more active they… — Nassim Nicholas Taleb Copy Share Image
We learn the most from fools ... yet we pay them back with the worst ingratitude. — Nassim Nicholas Taleb 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
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
The politician attempts to remedy the evil by increasing the very thing that caused the evil in the first place: legal plunder. — Frederic Bastiat Copy Share Image
“Economists have a singular method of procedure. There are only two kinds of institutions for them, artificial and natural. The institutions of feudalism are… — Karl Marx Copy Share Image
