Cognition Quote by W. Brian Arthur

I think it's hard to understand in economics. It's easier to understand on psychology.It's a kind of panic or a sense that the world…

— David Wessel

We do not need to understand economics in order to experience the benefits of freedom of exchange and production. But we may very well…

— Peter Boettke

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

The narrative related to economics is, I think, very well understood even by the common man.

— Nirmala Sitharaman

An actual understanding of our economy is that our economy most depends on our rate of innovation... It's not actually understood by most of…

— Chris Gabrieli

We need to abandon the economist's notion of the economy as a machine, with its attendant concept of equilibrium. A more helpful way of…

— Paul Ormerod

“An economy is a "noosphere" (a mind-based system), and it can revive as quickly as minds and policies can change.”

— George Gilder

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

“if everyone understood the basics, then economic policymakers would be able to do the right things a lot faster and with less angst in…

— Ray Dalio

Understanding economics can help you make better decisions and lead a happier life.

— Tyler Cowen

I understand how the economy actually works.

— Carly Fiorina

Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups…

— Ludwig von Mises