Conform Quote by W. Brian Arthur

Economic theorists, like French chefs in regard to food, have developed stylized models whose ingredients are limited by some unwritten rules. Just as traditional…

— George Akerlof

“Neoclassical economics is precisely the theory one would expect a vastly complex system of international corporations, world markets, and interconnected currencies to create to…

— Roger M. Keesing

“Neoclassical economics has effectively insulated itself from the great advances made in science and engineering over the last 40 years. This self-imposed isolation must…

— Steve Keen

In the abstract world of American economists, equations run both ways; they believe that by changing the sign of a variable from plus to…

— Robert Gilpin

When economists speak of money, they neglect that all money and credit is debt. That is the essence of bookkeeping and accounting. There are…

— Michael Hudson

I have always been considered to be the most German among Italian economists, which I always received as a compliment, but was rarely meant…

— Mario Monti

Economists actually disagree about whether there are significant economic returns from attending an elite college versus a less-selective one.

— Emily Oster

The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use…

— Barry Ritholtz

I believe that economists put decimal points in their forecasts to show they have a sense of humor.

— William Gilmore Simms

Economists must always be prepared for surprises: they find many in trying to find order in the universe of their study.

— Simon Kuznets

Losses of a kind of satisfaction that have no market equivalent don't show up in the calculations of economists.

— Ivan Illich

As economists bandy about terms like 'recapitalization,' 'credit lines,' and 'liquidity,' families are facing brutal cuts to their social services and welfare payments, losing…

— Sharan Burrow