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Economics Quotes

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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.  (Economics Quotes) Economics is uncertain because its fundamental subject matter is not money but human action. That’s why economics is not the dismal science, it’s no science at all.  (Economics Quotes) I gradually became persuaded that the subjects, without intending to, had revealed to me a basic truth about markets that was foreign to the literature of economics.  (Economics Quotes) Economics as a discipline has in effect become the study of capitalism. The two are taken as the same subject.  (Economics Quotes) Answers are not enough, students should be encouraged to ask questions and explore alternatives to the norm. Entrepreneurship and invention are the backbone of the new economy, yet I doubt they get more than a nod in economics courses.  (Economics Quotes) The major driver of economics is the equilibrium approach, which has taken various forms over the years. General equilibrium is the statement that all the different parts of the economy influence each other, even if it’s remote, like mortgage-backed securities and their demands on automobiles.  (Economics Quotes) It’s not trickle down economics. The problem that the president has is that he’s rudderless on the economy. I mean, he doesn’t quite know what to do. It’s a wake-up on Monday and try to figure it out. It takes time to turn a supertanker, so you need to know where you need to go.  (Economics Quotes) No one should have to get a PhD in economics to survive in this economy  (Economics Quotes) A healthy economics has got to have both conceptual, theoretical research and applied, empirical research.  (Economics Quotes) My background is economics and maths. I think one of the reasons I studied humanities at all, or even went into journalism, is because, like, science and maths wasn’t cool in England when I was growing up. No one ever talked to the engineering students at Oxford.  (Economics Quotes) I didn’t fit the typical profile of a trader. I was an English major working on a novel at night. Most everyone else was a maths or economics major; most everyone else had relatives or family in banking.  (Economics Quotes) One of the things I’ve always liked about my husband is he’s very good at lots of stuff. He was an English teacher when I met him. He wrote poetry and played the guitar. As time went on, he decided to go into economics, so he’s very analytical and mathematical in addition to his artsy side.  (Economics Quotes) If we can go some way to creating a vibrant anaerobic digestion industry here in the U.K., we will be reaching our goals both in terms of economics and the environment.  (Economics Quotes) I think just focusing on the wealth of these cabinet picks misunderstands [Donald] Trump’s economic strategy here, which is going to be equal parts traditional Republican economics.  (Economics Quotes) In a high tech world the cure for the tragic shortcomings and perilous fallacies of human intuition is education, but education in economics, evolutionary biology, probability and statistics - unfortunately most High School and College curricula have barely changed since Medieval times!  (Economics Quotes) All of the problems we’re facing with debt are manmade problems. We created them. It’s called fantasy economics. Fantasy economics only works in a fantasy world. It doesn’t work in reality.  (Economics Quotes) If somebody had said to me in June or July of 1987, ‘We’d like you to become chairman of the Federal Reserve, but you’re never allowed to discuss any economics after you leave,’ I’d have said, ‘Forget it.’ What do they want me to do? Become an anthropologist?’  (Economics Quotes) Economics is all about consumption. People either spend money now or they use financial instruments - like bonds, stocks and savings accounts - so they can spend more later.  (Economics Quotes) Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.  (Economics Quotes) 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.  (Economics Quotes) When the word ‘morality’ comes up in connection with economics, income distribution and financial stability are usually the issues. Is it moral for rich countries to use such a high proportion of the world’s resources or for investment bankers to earn large bonuses?  (Economics Quotes) The adverse economic events following the First World War turned me toward economics  (Economics Quotes) Every high school and college graduate in America should, I think, have some familiarity with statistics, economics and a foreign language such as Spanish. Religion may not be as indispensable, but the humanities should be a part of our repertory. They may not enrich our wallets, but they do enrich our lives. They civilize us. They provide context.  (Economics Quotes) Obviously, everybody’s favorite form of web content is more story with principal actors. But the economics of the web do not yet support.  (Economics Quotes) [I]ntrinsic value follows meaning follows form follows economics follows function follows more economics follows market research.  (Economics Quotes) There’s not a single country that actually approaches economics in a pure, free market, capitalist way. I like the free market - but it very much exists only in textbooks. If I had a choice, and we could live in a very pure world, I would be a supporter of the free markets.  (Economics Quotes) Economics is a slave-driver. No one has free time; no one has any leisure.  (Economics Quotes) I’d call it a new version of voodoo economics, but I’m afraid that would give witch doctors a bad name.  (Economics Quotes) Economics for Everybody’ begins with understanding God’s principles for organizing His creation and what that means for us as creatures and stewards.  (Economics Quotes) We now know that anything which is economically right is also morally right. There can be no conflict between good economics and good morals.  (Economics Quotes)
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