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Economists Quotes

Economics is extremely useful as a form of employment for economists.

John Kenneth Galbraith

Work Economics Economists Employment

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

John Maynard Keynes

Humble People Thought Economists Get

I'm not an economist and we all know economists were created to make weather forecasters look good.

Good Weather Look Know Economists

Economists discount any factors that would not influence the thinking of a rational person.

Influence Thinking Person Economists

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.

Choices Reality Resources Economists

I think we labor economists like to think of ourselves as being closer to the people.

People Think Labor Economists Being

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.

Me Late New Same Economists Saw

Evolving technologies that allow economists to gather new types of data and to manipulate millions of data points are just one factor among several that are likely to transform the field in coming years.

Data New Years Coming Economists

Ask five economists and you'll get five different answers - six if one went to Harvard.

Business You Ask Answers Economists

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.

Health Water Pollution Economists Up

Although most Americans apparently loathe inflation, Yale economists have argued that a little inflation may be necessary to grease the wheels of the labor market and enable efficiency-enhancing changes in relative pay to occur without requiring nominal wage cuts by workers.

Labor Changes Pay Economists Workers

'Fun money' is another thing that makes no sense to traditional economists. Because there's just money; there's no 'fun money.' It's all supposed to be the same.

Money Fun No Sense Same Economists

Privatization came on slowly. When something very big happens, like privatization, historians and economists like to think you must have had very big causes. That is not how it happened.

Think You Economists Big Something

More than any other issue, economists have kind of been boosters for trade.

Kind More Economists Trade Been Any

If all the economists were laid end to end, they'd never reach a conclusion.

George Bernard Shaw

Finance End Reach Never Economists

I suspect that one of capitalism's crucial assets derives from the fact that the imagination of economists, including its critics, lags well behind its own inventiveness, the arbitrariness of its undertaking and the ruthlessness of the way in which it proceeds.

Imagination Capitalism Way Economists

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

Age Glory Europe Economists Gone

Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.

Michael Bloomberg

You New Taxes Economists Democrats

Economists often like startling theorems, results which seem to run counter to conventional wisdom.

Joseph Stiglitz

Wisdom Results Run Economists Seem

The supply price and the demand price should be roughly the same. You're not supposed to have two different prices. According to economists.

You Price Two Same Economists

I am often considered almost not a part of the profession of Establishment economists. I am even referred to as a sociologist. And by that, economists usually do not mean anything flattering.

I Am Mean Economists Anything Almost

Economists report that a college education adds many thousands of dollars to a man's lifetime income - which he then spends sending his son to college.

Education Son Man College Economists

Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything.

Great Events Everything Economists

Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.

Nassim Nicholas Taleb

Economics Right Economists Anything

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