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.

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.

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 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.

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.

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.

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.

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.

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).

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.

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

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.

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

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.

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 have much to be humble about.

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

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.

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.

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.

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.

There is something, however humble, which can properly be called skill among those who recognise themselves as economists.

The more consistently Austrian School an economist is, the better a writer he will be.

I'm a better economist than I was a sax player.

Policy makers have plainly failed both here in the United States and in Europe as well. People who have suffered because of that. And when they say, "Throw out economists, we don't trust economists anymore," you can totally understand why.

Economists don't seem to have noticed that the economy sits entirely within the ecology.

English majors understand human nature better than economists do.

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

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

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.