Analysis Quote by Paul Samuelson

I work on the boundary between economics and statistics in this field called econometrics. Part of my interest is understanding how you use statistics…

— Lars Peter Hansen

Economic development is something much wider and deeper than economics, let alone econometrics. Its roots lie outside the economic sphere, in education, organisation, discipline…

— Anonymous

Economic science concerns itself primarily with theoretical and empirical generalizations about the behavior of individuals, institutions, markets, and national economies. Most academic research falls…

— Ben Bernanke

“Economics also has to become a fundamentally monetary discipline—from the consideration of how individuals make market decisions through to our understanding of macroeconomics. The…

— Steve Keen

For far too long economists have sought to define themselves in terms of their supposedly scientific methods. In fact, those methods rely on an…

— Thomas Piketty

The investigation of causal relations between economic phenomena presents many problems of peculiar difficulty, and offers many opportunities for fallacious conclusions. Since the statistician…

— Udny Yule

Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.

— Lionel Charles Robbins

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

It's kind of a funny way to put it, but if you want to study a dynamic economic system, what you'd like to be…

— Lars Peter Hansen

... often analysis seems to be based on the assumption that future economic output is almost entirely determined by inexorable economic forces independently of…

— William Vickrey

Page after page of professional economic journals are filled with mathematical formulas leading the reader from sets of more or less plausible but entirely…

— Wassily Leontief

Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models…

— Joseph Stiglitz