Abstract Quote by Noam Chomsky

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

— Ronald Reagan

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

— Muhammad Yunus

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

Economists create their own worlds. We're like little gods with our artificial economics, wanting to see what happens.

— Edward C. Prescott

The normal economic system works itself.

— James Salter

Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world.

— Ronald Coase

Economists got away from really questioning how the world works, how decisions actually got made. If something doesn't conform to neoclassical models ... people…

— W. Brian Arthur

You know economists; they're the sort of people who see something works in practice and wonder if it would work in theory.

— Ronald Reagan

I have yet to meet the famous Rational Economic Man theorists describe. Real people have always done inexplicable things from time to time, and…

— Anonymous

You will perceive that economy, scientifically speaking, is a very contracted science; it is in fact a sort of vague mathematics which calculates the…

— William Stanley Jevons

Economics runs the world.

— Machine Gun Kelly

The reality is that we are all economists. We all deal with scarcity as we make choices and calculate how to ration various items…

— Kurt Bills