Able Quote by William Easterly

Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can.

— Tim Harford

One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular economic and…

— Robert J. Samuelson

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen.

— Earl Wilson

I'd be kidding if I said that I predicted the financial collapse.

— Fareed Zakaria

“Financial crises—and most other failures of prediction—stem from this false sense of confidence.”

— Nate Silver

The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.

— Nassim Nicholas Taleb

We're not very good at forecasting, and we don't know how to measure the impact of economic policy.

— Edgar Fiedler

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.

— Laurence J. Peter

Economists are pessimists: they've predicted 8 of the last 3 depressions

— Barry Asmus

What do you call an economist with a prediction? Wrong.

— Robert Kuttner

Economists are about as useful as astrologers in predicting the future (and, like astrologers, they never let failure on one occasion diminish certitude on…

— Arthur M. Schlesinger, Jr

We are living in a world in which developments are harder to predict and one that has become more uncertain. In such a world,…

— Jens Stoltenberg