Top 473 Economists Quotes & Sayings - Page 3
Explore popular Economists quotes.
Last updated on December 11, 2024.
The biggest tab the public picks up for fossil fuels has to do with what economists call 'external costs,' like the health effects of air and water pollution.
Ask five economists and you'll get five different answers - six if one went to Harvard.
Mr. Trump has said he strongly supports immediate expensing of capital expenditures, which many economists agree would encourage growth.
Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do.
What our economists call a depressed area almost always turns out to be a cleaner, freer, more livable place than most.
If economists were to wait for careful studies before offering opinions about policy, we would never have anything timely to say.
Most economists use 'fixed' and 'pegged' as interchangeable or nearly interchangeable terms for exchange rates.
Economists have the same occupational hazard as baseball managers and football coaches: Every person on the street knows their job better than they do.
Lunches don't get free just because you don't see the prices on the menu. And economists don't get popular by reminding people of that.
Economists did something even better than predict the crisis. We correctly predicted that we would not be able to predict it.
Raising the minimum wage, as President Obama proposed in his State of the Union address, tends to be more popular with the general public than with economists.
Controlling for all the things that sociologists, economists, and political scientists say you should control for, we find that what drives one's views [most significantly] is race.
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.
The Communists were interested in getting into key positions as union officers, statisticians, economists, etc., in order to utilize the apparatus of the unions to promote the cause of revolution.
Ever since the Great Depression, economists have known that demand shortages tend to persist in the wake of severe financial crises like the ones that happened in 1929 and 2008.
In the late 1960s, the New Classical economists saw the same weaknesses in the microfoundations of macroeconomics that have motivated me. They hated its lack of rigor. And they sacked it.
Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets that he does not like.
The supply price and the demand price should be roughly the same. You're not supposed to have two different prices. According to economists.
Unfortunately, a lot of economists wanted to make their subject a science. So the more what you do resembles physics or chemistry, the more credible you become.
Gambling interests hire lots of economists to do impact studies, but what you need is cost-benefit analysis, and you'll never see the industry finance those
Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory.
Economists are about as useful as astrologers in predicting the future (and, like astrologers, they never let failure on one occasion diminish certitude on the next).
Economists get impatient with philosophy. They are often trained as skilled mathematicians. They don't like going back to ordinary language and first principles.
There is no doubt that the recognition by economists of the importance of the role of the firm in the functioning of the economy will prompt them to investigate its activities more closely.
At best the principles that economists have supposed the choices of rational individuals to satisfy can be presented as guidelines for us to consider when we make our decisions.
Economists talk about profit motive, but nothing motivates modern man more than a chance to avoid taxes!
The public is even more pessimistic about the economy than even the most bearish economists are.
Unlimited economic growth has the marvelous quality of stilling discontent while maintaining privilege, a fact that has not gone unnoticed among liberal economists.
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
I have always been considered to be the most German among Italian economists, which I always received as a compliment, but was rarely meant to be one.
Given the large uncertainties at each major step of the case for reliance on a carbon tax, economists should reconsider their current support for such a policy.
I think we labor economists like to think of ourselves as being closer to the people.
Leading economists have shown that by shrinking Texas, we can actually create more income for Texas in the long run.
Markets work well with goods that economists call private goods.
If all the economists in the world were laid end to end, it wouldn't be a bad thing.
Many scientists and economists also say putting a price on carbon through carbon taxes and/or cap-and-trade is necessary.
In short, I do not write for mathematicians, nor as a mathematician, but as an economist wishing to convince other economists that their science can only be satisfactorily treated on an explicitly mathematical basis.
Economists are coming to acknowledge that measures of national wealth and poverty in terms strictly of average income tell you little that is significant of the health or viability of a society.
Some economists believe that the Greeks' work ethic and thrift can pull them through. But the classical virtues can do nothing to offset the dearth of innovation that plagues the economy.
The density of settlement of economists over the whole empire of economic science is very uneven, with a few areas of modest size holding the bulk of the population.
You cannot prove this in real time, but when economists 20 years from now write a book on the recovery, it may well be entitled, 'It could have been much better.'
Greed is good to most economists. It's greed that makes people work harder, be more productive and helps the economy grow.
If economists wished to study the horse, they wouldn’t go and look at horses. They’d sit in their studies and say to themselves, "what would I do if I were a horse?"
All professionals, whether physicists, economists or musicians, live by and for peer judgment, even when they are being paid by people who cannot tell the difference.
Scratch the surface at conservative think tanks and universities that house free-market economists, and it's not hard to find proponents of a carbon tax.
The reality is that we are all economists. We all deal with scarcity as we make choices and calculate how to ration various items and resources that we consume, produce and utilize.
Most academic economists know nothing of economy. In fact, they know little of anything.
Economists must always be prepared for surprises: they find many in trying to find order in the universe of their study.
If you keep tax cuts for the wealthiest, it won't stimulate the economy, but it will add to the deficit. And, really, what we have to be focused on right now is what economists would call the opportunity costs.
Ever since economists revealed how much universities contribute to economic growth, politicians have paid close attention to higher education.
Very often, the judgments by ordinary citizens may be better than those by professional economists, being more rooted in reality and less narrowly focused.
THERE is widespread agreement among economists that abuse of credit constitutes one of the chief unwholesome elements in business booms and is mainly responsible for the ensuing crash and depression.
Economists and technologists bring the "bits", but it requires the social scientists and humanists to bring the "wits.
If all the economists were laid end to end, they'd never reach a conclusion.
Along with others, I have tried to pry economists away from narrow assumptions about self interest. Behavior is driven by a much richer set of values and preferences.
The role of the media in economic management is not often recognised even by professional economists. Politicians, however, ignore this at their own peril.
We are all amateur attention economists, hoarding and bartering our moments - or watching them slip away down the cracks of a thousand YouTube clips.
You cannot prove this in real time, but when economists 20 years from now write a book on the recovery, it may well be entitled, It could have been much better.
Percentages! Those are for economists, polls, and politicians. Percentages can't define your identity.
Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information rapidly and, for the most part, accurately.
