Economists Quotes
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Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.
Nassim Nicholas Taleb
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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.
Ha-Joon Chang
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If economists were to wait for careful studies before offering opinions about policy, we would never have anything timely to say.
Raghuram Rajan
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Economists of a classical bent lay a large part of the decline of employment, and thus lagging output, to a contraction of labour supply.
Edmund Phelps
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Leading economists have shown that by shrinking Texas, we can actually create more income for Texas in the long run.
Ian Frazier
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But the age of chivalry is gone. That of sophisters, economists, and calculators has succeeded; and the glory of Europe is extinguished forever.
Edmund Burke
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Unlike physics, economists don't settle things. There seems to be plenty of room for different conclusions that are still accepted in the academy.
Adam Davidson
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The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.
Nassim Nicholas Taleb
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In the 1960s, and stretching back to the 1930s, it was felt by many economists that easy money is a reliable way to increase employment.
Edmund Phelps
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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.
Gavyn Davies
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Happiness quantification sounds a bit wishy-washy, sure, and through a series of carefully administered surveys across the globe, economists and psychologists have certainly confronted a fair number of sticky issues around how to measure, and even define, happiness.
Adam Davidson
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Ask five economists and you'll get five different answers - six if one went to Harvard.
Edgar Fiedler