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Economists Quotes

Some economists estimate that for every family that goes bankrupt, there are about 15 more who are in the same amount of financial trouble and would profit from bankruptcy but just haven’t filed Picture Quote #1

When you cover the economy as a reporter, there’s one part of the job that is always easy: finding economists who disagree Picture Quote #1

Even as I pursued a doctorate in the history of ideas in my native Denmark, I realized I had neither the encyclopedic training nor the passion for cool logic - not to mention the nerve - to follow in the footsteps of classical liberal philosophers and economists such as Robert Nozick, Friedrich Hayek, and Milton Friedman Picture Quote #1

Friedrich Hayek, who died on March 23, 1992 at age 92, was arguably the greatest social scientist of the twentieth century. By the time of his death, his fundamental way of thought had supplanted the system of John Maynard Keynes - his chief intellectual rival of the century - in the battle since the 1930s for the minds of economists and the policies of governments Picture Quote #1

Psychologists and economists love to talk about the notion of two selves: present self and future self. It’s a nice way to explain the tendency to have one preference about the future, but a very different preference when the future becomes the present Picture Quote #1

During the two centuries since the publication of ‘The Wealth of Nations,’ the main activity of economists, it seems to me, has been to fill the gaps in Adam Smith’s system, to correct his errors and to make his analysis vastly more exact Picture Quote #1

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Why did God invent economists? To make weathermen feel good about themselves Picture Quote #1

Greed is good to most economists. It’s greed that makes people work harder, be more productive and helps the economy grow 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 don’t think that much change comes from economists. I think it comes more from political realities. Probably the two giants of the 20th century, who actually did shift government policy in the U.S. and around the world, were John Maynard Keynes and Milton Friedman. I don’t see anybody in our system who is at that level of influence Picture Quote #1

My professional apprenticeship at Iowa State College from 1930 to 1943 could not have been better; the Great Depression made it so, and the talented younger economists at Ames during that period made it an exciting and profitable intellectual experience Picture Quote #1

One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular economic and financial crisis in decades - possibly since the Great Depression - and the one group that spends most of its waking hours analyzing the economy basically missed it Picture Quote #1

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One speaks with great respect of economists, if only because they represent such a variety of opinions Picture Quote #1

I’ve debated many economists who claim to specialize in risk and probability: when one takes them slightly outside their narrow focus, but within the discipline of probability, they fall apart, with the disconsolate face of a gym rat in front of a gangster hit man 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

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Some economists estimate that for every family that goes bankrupt, there are about 15 more who are in the same amount of financial trouble and would profit from bankruptcy but just haven’t filed. (Economists Quotes) When you cover the economy as a reporter, there’s one part of the job that is always easy: finding economists who disagree. (Economists Quotes) Even as I pursued a doctorate in the history of ideas in my native Denmark, I realized I had neither the encyclopedic training nor the passion for cool logic - not to mention the nerve - to follow in the footsteps of classical liberal philosophers and economists such as Robert Nozick, Friedrich Hayek, and Milton Friedman. (Economists Quotes) Friedrich Hayek, who died on March 23, 1992 at age 92, was arguably the greatest social scientist of the twentieth century. By the time of his death, his fundamental way of thought had supplanted the system of John Maynard Keynes - his chief intellectual rival of the century - in the battle since the 1930s for the minds of economists and the policies of governments. (Economists Quotes) Psychologists and economists love to talk about the notion of two selves: present self and future self. It’s a nice way to explain the tendency to have one preference about the future, but a very different preference when the future becomes the present. (Economists Quotes) During the two centuries since the publication of ‘The Wealth of Nations,’ the main activity of economists, it seems to me, has been to fill the gaps in Adam Smith’s system, to correct his errors and to make his analysis vastly more exact. (Economists Quotes) Why did God invent economists? To make weathermen feel good about themselves. (Economists Quotes) Greed is good to most economists. It’s greed that makes people work harder, be more productive and helps the economy grow. (Economists Quotes) I’m not an economist and we all know economists were created to make weather forecasters look good. (Economists Quotes) I don’t think that much change comes from economists. I think it comes more from political realities. Probably the two giants of the 20th century, who actually did shift government policy in the U.S. and around the world, were John Maynard Keynes and Milton Friedman. I don’t see anybody in our system who is at that level of influence. (Economists Quotes) My professional apprenticeship at Iowa State College from 1930 to 1943 could not have been better; the Great Depression made it so, and the talented younger economists at Ames during that period made it an exciting and profitable intellectual experience. (Economists Quotes) One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular economic and financial crisis in decades - possibly since the Great Depression - and the one group that spends most of its waking hours analyzing the economy basically missed it. (Economists Quotes) One speaks with great respect of economists, if only because they represent such a variety of opinions. (Economists Quotes) I’ve debated many economists who claim to specialize in risk and probability: when one takes them slightly outside their narrow focus, but within the discipline of probability, they fall apart, with the disconsolate face of a gym rat in front of a gangster hit man. (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)

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