A Quote by Edward Abbey
Most academic economists know nothing of economy. In fact, they know little of anything.
Related Quotes
There is one great advantage to being an academic economist in France: here, economists are not highly respected in the academic and intellectual world or by political and financial elites. Hence they must set aside their contempt for other disciplines and their absurd claim to greater scientific legitimacy, despite the fact that they know almost nothing about anything.
I don't know anything more piggish - I don't know anything more un-American than saying, 'Oh, I'm worried about my own little handout or my own little program or my own little economy and we'll kick this can down the road and let some future generation deal with it.
Most of the time, teachers who talk about the Middle East do not know the history, culture or present context of the problems they are discussing. So they go to the media, which quote government or academic "experts" (who often are no such thing) or journalists who, by virtue of working for the media, are supposed to know what they are talking about. In the end they know little or nothing beyond a standard line that reflects the perceptions of the US government and its special-interest supporters. That is what the students get. Indeed, that is what we all get.
Economists may not know how to run the economy, but they know how to create shortages or gluts simply by regulating prices below the market, or artificially supporting them from above.
I found myself desiring and knowing less and less, until I could say in utter astonishment: "I know nothing, I want nothing." Earlier I was sure of so many things, now I am sure of nothing. But I feel I have lost nothing by not knowing, because all my knowledge was false. My not knowing was in itself knowledge of the fact that all my knowledge is ignorance, that "I do not know" is the only true statement the mind can make....I do not claim to know what you do not. In fact, I know much less than you do.
Engineers do engineering, i.e. they build bridges. So engineering needs engineers. The economy does NOT need economists. Economists do not make economy, but they try it and that is why we have so much problems with some financial models.
For to know nothing is nothing, not to want to know anything likewise, but to be beyond knowing anything, to know you are beyond knowing anything, that is when peace enters in, to the soul of the incurious seeker.
There was little in my early life to indicate that an interest in biology would become the passion of my academic career. In fact, there was little to suggest I would have an academic career.
You can't accumulate anything, because anything you get you have to give away. We all know this. We watch our bodies go through the aging process. We know we came in here with nothing, and we know we're going to leave with nothing. There's nothing to own. There's nothing to get. The only thing you can do with your life is give it away. The best, happiest moments in your life are always when you're giving something away.
You know, I find it so difficult being a... as a matter of fact, little do people know that most of the leading members of the cast have a background that they would never expect them to have, and play the show they did.
'Murphys law of economic policy': Economists have the least influence on policy where they know the most and are most agreed; they have the most influence on policy where they know the least and disagree most vehemently.
I miss working. It's real, you know? But I don't know anything but songwriting, and I don't even know that. I didn't go to school; the only thing I know how to do is this. The only thing that I know is that I know nothing.
If you know anything about James Whitcomb Riley, you know that Little Orphan Annie is one of the most fantastic characters who ever lived in America before Charlie Chaplin.
Freedom of speech is not an academic value. Accuracy of speech is an academic value; completeness of speech is an academic value; relevance of speech is an academic value. Each of these is directly related to the goal of academic inquiry: getting a matter of fact right.
The sad truth is that many behavioral economists know very little about psychology.
They who know most of God on earth or heaven know that they know little after all; but they know that they may know more and more of Him throughout eternal ages.
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