Economist Quotes

I am an educationist. I'm an economist. I am a politician. I am also now a good storyteller, you know?

You and I come by road or rail, but economists travel on infrastructure.

It's easier to make a reporter into an economist than an economist into a reporter.

Inflation is always and everywhere a monetary phenomenon.

An economist says that essentially more for you is less for me, but the lover knows that more for you is more for me, too.

The consequences for human welfare involved in questions like these are simply staggering: once one starts to think about them, it is hard to think about anything else.

The point of studying economics is so as not to be fooled by economists.

One speaks with great respect of economists, if only because they represent such a variety of opinions.

Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory.

I have never considered myself an economist.

As an economist, whenever I hear the word shortage I wait for the other shoe to drop. That other shoe is usually price control.

Economics is too important to leave to the economists.

Please find me a one-armed economist so we will not always hear, "On the other hand..."

Most economists, including me, agree that longevity insurance would make sense for a lot of people.

Progess, do not regress.

Economists are generally negligent of their heroes.

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).

There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.

I believe that economists put decimal points in their forecasts to show they have a sense of humor.

All great economists are tall. There are two exceptions: John Kenneth Galbraith and Milton Friedman.

Economics has never been a science - and it is even less now than a few years ago.

I guess economists, it's a bit like scientists, you have definitely fewer women in that field.

I like to read the 'Financial Times' when I'm traveling. 'Economist.' 'Ad Busters.'

There is nothing an economist should fear so much as applause.

It is a misfortune of the times that all of us must needs be amateur economists-including, and perhaps especially, the professionals.

You do not have to be an economist to know that putting up the cost of employing someone is a pretty barking thing to do when you're trying to get out of a recession.

Economists did something even better than predict the crisis. We correctly predicted that we would not be able to predict it.

If all the economists in the world were laid end to end, it wouldn't be a bad thing.

If you think you understand what I am saying you do not understand what I am saying.

I'm not an economist, and I'm not a proponent of shock therapy.

The proposition that economist Ludwig von Mises was a feminist is an apodictic impossibility.

Economists have much to be humble about.

If economists did not concern themselves with economic efficiency, nobody would.

It is the business of economists, not to tell us what to do, but show why what we are doing anyway is in accord with proper principles.

During my three years as chief economist of the World Bank, labor market issues were looked at through the lens of neoclassical economics. A standard message was to increase labor market flexibility. The not-so-subtle subtext was to lower wages and lay off unneeded workers.

If you're an economist and you're asked to predict what something is going to be like 50 years from now? It's going to be guesswork.

Beware of economists who hide assumptions.

What do you call an economist with a prediction? Wrong.

Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do.

There is much more to life than what gets measured in accounts. Even economists know that.

Psychologists call this habituation, economists call it declining marginal utility, and the rest of us call it marriage.

Being an economist is the least ethical profession, closer to charlatanism than any science.

As an economist, I'm aware that life is full of trade offs.

The economists will have to revise their theories of value.

It's usually much easier for people with professional skills to find work for themselves or even possibly to continue with their old employer, but on a part-time basis. Some labor economists predict that in about five years there will be a labor shortage in the United States and that demand for retirees to work part-time will grow naturally. I don't know if that's true or just wishful predicting.

I'm not going to put my lot in with economists, because I know if we get it right, if we actually did it right, if we had a president who used all the tools of the presidency, we would design it in such a way that it would be implemented effectively.

I'm an economist by training. I don't really work as an economist. I only worked briefly as an economist.

The public is even more pessimistic about the economy than even the most bearish economists are.

My ma is an economist. My dad is a software engineer.

Economists don't usually make good speculators, because they think too much.