Assumption Quote by W. Brian Arthur

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

— Paul Samuelson

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

— Paul Samuelson

Don't undermine the science just because you don't like the economics. That's a dangerous slope, because the problem of course is you're not undermining…

— Brian Cox

Economics is not a science, in the sense that a policy can be repeatedly applied under similar conditions and will repeatedly produce similar results.

— Millicent Fenwick

Economics has never been a science - and it is even less now than a few years ago.

— Paul Samuelson

Economists treat economics as if it is a pure science divorced from the facts of life. The result of this false accountancy is a…

— Vivienne Westwood

“Political and economic considerations exert pressure on science to answer strictly practical, immediate problems––in some cases by directed funding, in other coercive ways by…

— Kane X. Faucher

Much of economics isn't difficult, or rather, the difficulty is in cooking up arguments to "prove" that commonsense conclusions are wrong. The fact is…

— Jerry Pournelle

“Economics is not a science and should not be there to advise policy.”

— Nassim Nicholas Taleb

Macroeconomics, even with all of our computers and with all of our information - is not an exact science and is incapable of being…

— Paul Samuelson

The problem is that once we focus on economic policy, much that is not science comes into play. Politics becomes involved, and political posturing…

— Robert J. Shiller