Collapse Quote by Noam Chomsky

“I became convinced that the advanced industrial countries, through international organizations like the International Monetary Fund (IMF), the World Trade Organization (WTO), and the…

— Joseph E. Stiglitz

The problem of the modern economy is not a failure of a knowledge of economics; it's a failure of a knowledge of history.

— John Kenneth Galbraith

The IMF played crucial roles in the 1980s debt crisis and in the transformation of former communist economies. Radical change, many might argue, is…

— Zanny Minton Beddoes

It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is…

— Ludwig von Mises

And one of the worst effects was that by suppressing critical thought, it also suppressed critical thought in the field of economics and hampered…

— Stefan Heym

It seems evident that the IMF has learned nothing from its inequality-inducing policies during the 1980s debt crises in Latin America nor from its…

— Sharan Burrow

Keynes eliminated economic theory's ancient role as spoilsport for inflationist and statist schemes, leading a new generation of economists on to academic power and…

— Murray Rothbard

If all the economists were laid end to end, they'd never reach a conclusion.

— George Bernard Shaw

The attempt to isolate economics from other disciplines-notably politics, history, philosophy, finance, constitutional theory and sociology-has fatally disabled its power to explain what is…

— Will Hutton

“The quality of economists cannot be measured … by the nature of the economic life which surrounds them, but only by the originality and…

— Emil kauder

Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory.

— William Stanley Jevons

Policy makers have plainly failed both here in the United States and in Europe as well. People who have suffered because of that. And…

— Katty Kay