Economics Quote by Robert J. Shiller

Contrary to what professional economists will typically tell you, economics is not a science. All economic theories have underlying political and ethical assumptions, which…

— Ha-Joon Chang

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

Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or…

— Alex Berenson

Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human…

— Dale T. Mortensen

Religion is a way to make order from chaos, and I think economics is not dissimilar. In religion and in economics, you're trying to…

— Stephen J. Dubner

Most economics that is taught in college and universities today projects itself as a value-neutral science. This claim has always been open to question,…

— Michael Sandel

Unfortunately, a lot of economists wanted to make their subject a science. So the more what you do resembles physics or chemistry, the more…

— Ha-Joon Chang

Economics is a social science, not a physical science.

— Jim Stanford

So, economics should emulate physics' basic ethos, but its search for precision in physics-like formulas is almost always wrong in economics.

— Charlie Munger

Economics never was a dismal science. It should be a realistic science.

— Paul Samuelson

Economics has been called the dismal science. Once you get to understand it, you may not find it so dismal, but you don't find…

— Jean Chretien

It is clear that economics, if it is to be a science at all, must be a mathematical science.

— William Stanley Jevons