Economic Quote by Thomas Sowell

“Economics is more than just a way to see patterns or to unravel puzzling anomalies. Its fundamental concern is with the material standard of…

— Thomas Sowell

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

— Edward C. Prescott

“Economic institutions shape economic incentives: the incentives to become educated, to save and invest, to innovate and adopt new technologies, and so on. It…

— Daron Acemoğlu

There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people…

— Daniel Kahneman

Behavioral economics can explain some things, but it's hard to explain a lot of the underlying processes that generate these decisions, much less some…

— Edward Boyden

Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary.

— Steven Landsburg

If history judges society for how it treats those in need, so markets judge economies by the incentives they provide for private investment, the…

— Victor Ponta

I believe the power of Economics is to help provide a unique lens for looking at the world.

— Russ Roberts

Economists are economical, among other things, of ideas; most make those of their graduate days do for a lifetime.

— John Kenneth Galbraith

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

— Ronald Reagan

... 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

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