Economics Quotes - page 2

The usefulness of observation and measurement in testing economic theories arises because the theorems of economics are supposed to relate to the actual world... Any economic theorem rigorously deduced from given postulates may be regarded as a hypothesis about the actual world which xperience may show to be false. (Richard Stone)
You always want to try to make something new, and, of course, America is the world leader in economics today. View quote
Tadao Ando
Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human condition. View quote
Dale T. Mortensen
For a variety of reasons, I have always felt myself an outsider. I don't know how to classify myself in economics. I am a loner. I do not like groupthink, which, if anything, has become more important in economics. In addition, a lot of the values I hold are not the mainstream values in the profession. View quote
James Heckman
I think we're miserable partly because we have only one god, and that's economics. View quote
James Hillman
I'm the result of upbringing, class, race, gender, social prejudices, and economics. So I'm a victim again. A result. View quote
James Hillman
Neoclassical economics insists that advertising cannot force consumers to buy anything they don't already want to buy. View quote
Christopher Lasch
A lot of my colleagues have been people with broad interests in economics, not just narrowly focused interests. View quote
Lars Peter Hansen
There is a big divergence between views on a variety of policy issues from fiscal stimulus to financial regulation. It's my hope and my ambition for the economics profession that as we advance our knowledge, that those discussions will narrow in their focus, and that it will help to have more prudent policy-making down the road. View quote
Lars Peter Hansen
Rogue economics is a sort of umbrella under which we find the criminal economy, the illegal economy, but also those gray areas, gray areas where there is not a proper regulation, where there is not legislation for the economy. View quote
Loretta Napoleoni
A large part of crime is economics - if people are working and and have a home and family to support, then I believe you can reduce the crime rate. (Frank Vincent)
The Sherman Act is similar in the economics sphere to the Bill of Rights in the personal sphere. View quote
Harold H. Greene
Now, of course, cold fusion is the daddy of them all in a way, in terms of value, so I think that viewed in a social way, from the point of social considerations and economics, it will tell you that this thing will stay around. View quote
Martin Fleischmann
Look at the declining television coverage. Look at the declining voting rate. Economics and economic news is what moves the country now, not politics. View quote
Robert Teeter
I'm going to be honest: I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated. View quote
John McCain
Economics has been called the dismal science. Once you get to understand it, you may not find it so dismal, but you don't find it much of a science either. View quote
Jean Chrétien
Economics was like psychology, a pseudoscience trying to hide that fact with intense theoretical hyperelaboration. And gross domestic product was one of those unfortunate measurement concepts, like inches or the British thermal unit, that ought to have been retired long before. View quote
Kim Stanley Robinson
This is a serious analysis of a ridiculous subject, which is of course the opposite of what is usual in economics. View quote
Paul Krugman
I must confess that if I had been consulted whether to establish a Nobel Prize in economics, I should have decidedly advised against it. View quote
Friedrich Hayek
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. View quote
Friedrich Hayek
Many individuals are doing what they can. But real success can only come if there is a change in our societies and in our economics and in our politics. (David Attenborough)
It's actually a tribute to the quality of economics teaching that they have persuaded so many generations of students to believe in so much that seems so counter to what the world is like. Many of the things that I'm going to describe make so much more common sense than these notions that seem counter to what ones eyes see every day. View quote
Joseph Stiglitz
Foresight is an imperfect thing - all prevision in economics is imperfect. View quote
John Kenneth Galbraith
I write with two things in mind. I want to be right with my fellow economists. After all, I've made my life as a professional economist, so I'm careful that my economics is as it should be. But I have long felt that there's no economic proposition that can't be stated in clear, accessible language. So I try to be right with my fellow economists, but I try to have an audience of any interested, intelligent person. View quote
John Kenneth Galbraith
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy - what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows. View quote
John Kenneth Galbraith