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Economists Quotes

Unlimited economic growth has the marvelous quality of stilling discontent while maintaining privilege, a fact that has not gone unnoticed among liberal economists Picture Quote #1

It's clear that policymakers and economists are going to be interested in the measurement of well being primarily as it correlates with health; they also want to know whether researchers can validate subjective responses with physiological indices Picture Quote #1

But the age of chivalry is gone. That of sophisters, economists, and calculators has succeeded; and the glory of Europe is extinguished forever Picture Quote #1

Economists treat economics as if it is a pure science divorced from the facts of life. The result of this false accountancy is a willful confusion under cover of which industry wreaks its havoc scot free and ignores the environmental cost Picture Quote #1

Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do Picture Quote #1

The accepted ideas of any period are singularly those that serve the dominant economic interest...What economists believe and teach, whether in the United States or in the Soviet Union, is rarely hostile to the institutions - the private business enterprise, the Communist Party - that reflect the dominant economic power. Not to notice this takes effort, although many succeed Picture Quote #1

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It had been held that the economic system, any capitalist system, found it's equilibrium at full employment. Left to itself, it was thus that it came to rest. Idle men and idle plant were an aberration, a wholly temporary failing. Keynes showed that the modern economy could as well find it's equilibrium with continuing, serious unemployment. Its perfectly normal tendency was to what economists have since come to call an underemployment equilibrium Picture Quote #1

I’m not an economist and we all know economists were created to make weather forecasters look good Picture Quote #1

I believe that economists put decimal points in their forecasts to show they have a sense of humor Picture Quote #1

If the nation’s economists were laid end to end, they would point in all directions Picture Quote #1

Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit Picture Quote #1

Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today Picture Quote #1

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That subject has lost its one time appeal to economists as our science has become more abstract, but my interest has even grown more intense as the questions raised by the sociology of science became more prominent Picture Quote #1

It is the business of economists, not to tell us what to do, but show why what we are doing anyway is in accord with proper principles Picture Quote #1

As economists have often pointed out, we pay doctors for quantity, not quality. As they point out less often, we also pay them as individuals, rather than as members of a team working together for their patients. Both practices have made for serious problems Picture Quote #1

The public is even more pessimistic about the economy than even the most bearish economists are Picture Quote #1

Psychologists call this habituation, economists call it declining marginal utility, and the rest of us call it marriage Picture Quote #1

There is much more to life than what gets measured in accounts. Even economists know that Picture Quote #1

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In the company of friends, writers can discuss their books, economists the state of the economy, lawyers their latest cases, and businessmen their latest acquisitions, but mathematicians cannot discuss their mathematics at all. And the more profound their work, the less understandable it is Picture Quote #1

Among the social sciences, economists are the snobs. Economics, with its numbers and graphs and curves, at least has the coloration and paraphernalia of a hard science. It’s not just putting on sandals and trekking out to take notes on some tribe Picture Quote #1

... the institutional arrangement whereby most professional economists are heavily burdened with teaching and administrative duties may militate against a sufficient admixture of the more laborious forms of statistical and field work Picture Quote #1

In my opinion, economists and sociologists are the people to whom we ought to turn more than we do for instruction in the grounds and foundations of all rational decisions Picture Quote #1

If economists were good at business, they would be rich men instead of advisers to rich men Picture Quote #1

Modern economics is sick. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences for understanding the economic world. Economists have converted the subject into a sort of social mathematics in which analytical rigour is everything and practical relevance is nothing Picture Quote #1

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For far too long economists have sought to define themselves in terms of their supposedly scientific methods. In fact, those methods rely on an immoderate use of mathematical models, which are frequently no more than an excuse for occupying the terrain and masking the vacuity of the content Picture Quote #1

It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their truths. It is often complained that demagogues can be more plausible in putting forward economic nonsense from the platform than the honest men who try to show what is wrong with it Picture Quote #1

The road to climate stability is straight and the solutions simple, and yet scientists, economists, industrialists and politicians are busy making them complicated Picture Quote #1

If all the economists in the world were laid end to end, it wouldn’t be a bad thing Picture Quote #1

Economists don’t seem to have noticed that the economy sits entirely within the ecology Picture Quote #1

Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers Picture Quote #1

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Unlimited economic growth has the marvelous quality of stilling discontent while maintaining privilege, a fact that has not gone unnoticed among liberal economists (Economists Quotes) It's clear that policymakers and economists are going to be interested in the measurement of well being primarily as it correlates with health; they also want to know whether researchers can validate subjective responses with physiological indices (Economists Quotes) But the age of chivalry is gone. That of sophisters, economists, and calculators has succeeded; and the glory of Europe is extinguished forever (Economists Quotes) Economists treat economics as if it is a pure science divorced from the facts of life. The result of this false accountancy is a willful confusion under cover of which industry wreaks its havoc scot free and ignores the environmental cost (Economists Quotes) Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do (Economists Quotes) The accepted ideas of any period are singularly those that serve the dominant economic interest...What economists believe and teach, whether in the United States or in the Soviet Union, is rarely hostile to the institutions - the private business enterprise, the Communist Party - that reflect the dominant economic power. Not to notice this takes effort, although many succeed (Economists Quotes) It had been held that the economic system, any capitalist system, found it's equilibrium at full employment. Left to itself, it was thus that it came to rest. Idle men and idle plant were an aberration, a wholly temporary failing. Keynes showed that the modern economy could as well find it's equilibrium with continuing, serious unemployment. Its perfectly normal tendency was to what economists have since come to call an underemployment equilibrium (Economists Quotes) I’m not an economist and we all know economists were created to make weather forecasters look good (Economists Quotes) I believe that economists put decimal points in their forecasts to show they have a sense of humor (Economists Quotes) If the nation’s economists were laid end to end, they would point in all directions (Economists Quotes) Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit (Economists Quotes) Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today (Economists Quotes) That subject has lost its one time appeal to economists as our science has become more abstract, but my interest has even grown more intense as the questions raised by the sociology of science became more prominent (Economists Quotes) It is the business of economists, not to tell us what to do, but show why what we are doing anyway is in accord with proper principles (Economists Quotes) As economists have often pointed out, we pay doctors for quantity, not quality. As they point out less often, we also pay them as individuals, rather than as members of a team working together for their patients. Both practices have made for serious problems (Economists Quotes) The public is even more pessimistic about the economy than even the most bearish economists are (Economists Quotes) Psychologists call this habituation, economists call it declining marginal utility, and the rest of us call it marriage (Economists Quotes) There is much more to life than what gets measured in accounts. Even economists know that (Economists Quotes) In the company of friends, writers can discuss their books, economists the state of the economy, lawyers their latest cases, and businessmen their latest acquisitions, but mathematicians cannot discuss their mathematics at all. And the more profound their work, the less understandable it is (Economists Quotes) Among the social sciences, economists are the snobs. Economics, with its numbers and graphs and curves, at least has the coloration and paraphernalia of a hard science. It’s not just putting on sandals and trekking out to take notes on some tribe (Economists Quotes) ... the institutional arrangement whereby most professional economists are heavily burdened with teaching and administrative duties may militate against a sufficient admixture of the more laborious forms of statistical and field work (Economists Quotes) In my opinion, economists and sociologists are the people to whom we ought to turn more than we do for instruction in the grounds and foundations of all rational decisions (Economists Quotes) If economists were good at business, they would be rich men instead of advisers to rich men (Economists Quotes) Modern economics is sick. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences for understanding the economic world. Economists have converted the subject into a sort of social mathematics in which analytical rigour is everything and practical relevance is nothing (Economists Quotes) For far too long economists have sought to define themselves in terms of their supposedly scientific methods. In fact, those methods rely on an immoderate use of mathematical models, which are frequently no more than an excuse for occupying the terrain and masking the vacuity of the content (Economists Quotes) It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their truths. It is often complained that demagogues can be more plausible in putting forward economic nonsense from the platform than the honest men who try to show what is wrong with it (Economists Quotes) The road to climate stability is straight and the solutions simple, and yet scientists, economists, industrialists and politicians are busy making them complicated (Economists Quotes) If all the economists in the world were laid end to end, it wouldn’t be a bad thing (Economists Quotes) Economists don’t seem to have noticed that the economy sits entirely within the ecology (Economists Quotes) Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers (Economists Quotes)

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