Advice Quote by Richard Thaler

There are only two economists in Congress and hundreds of lawyers. Does that explain why the government is in such a mess?

— Thomas Sowell

Sometimes economists in official positions give bad advice; sometimes they give very, very bad advice; and sometimes they work at the OECD.

— Paul Krugman

It is a misfortune of the times that all of us must needs be amateur economists-including, and perhaps especially, the professionals.

— Benjamin Graham

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

— Edward C. Prescott

Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do.

— John Kenneth Galbraith

Economists have put themselves in a position where what they are doing is supposed to be impossible to understand for outsiders, so they dont…

— Thomas Piketty

In my opinion, economists and sociologists are the people to whom we ought to turn more than we do for instruction in the grounds…

— Oliver Wendell Holmes, Jr

Economists are like computers. They need to have facts punched into them.

— Kenneth E. Boulding

If economists were good at business, they would be rich men instead of advisers to rich men.

— Kirk Kerkorian

Sometimes even lawyers need lawyers.

— Billy Carter

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

Government lawyers, like private ones, face the problem routinely of aiding in the defense and development of positions in whose correctness they don't believe.

— Benjamin Wittes