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Search For economist In Quotes 45

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

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

In the fourth grade, my history teacher gave us a project: Why was the auto industry located in Detroit, Michigan? I didn't know I was going to be an economist, but I knew I was going to do something that was involved in answering questions like that one because I thought that was a fascinating question.

If you ask an economist what's driven economic growth, it's been major advances in things that mattered - the mechanization of farming, mass manufacturing, things like that. The problem is, our society is not organized around doing that.

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

With more than 67 percent of the Nation's freight moving on highways, economists believe that our ability to compete internationally is tied to the quality of our infrastructure.

Some struggle with medical issues - like insomnia - that make sleep hard. But for many of us, the quantity and quality of sleep come down to a matter of choice. Still, only a few enterprising economists have looked closely at this, and generally, those have assumed that we choose our hours of sleep optimally.

It is true that I am one of the co-authors of 'Nudge,' and I am a behavioral economist, but it does not mean that everything we write about in that book is behavioral economics, nor does it mean that my co-author, the distinguished legal scholar Cass Sunstein, is a behavioral economist.

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

In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions.

It's because finance is so baffling that makes being an economist such a safe option. It nestles down comfortably with psychiatry and astrology as a profession where getting it patently wrong is just not a problem - and also, rather wonderfully, seems to have no adverse affect on their professional standing whatsoever.

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

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

American economists can't understand the German fear of inflation and the effects of inflation when dealing with the world economic crisis. They wonder why Germany pursues such a different course - 'Why can't they agree with us?' I would have thought it was fairly obvious.

Economists agree about economics - and that's a science - and they disagree about economic policy because that's a value judgment... I've had profound disagreements on policy with the famous Milton Friedman. But, on economics, we agree.

Since the global financial crisis and recession of 2007-2009, criticism of the economics profession has intensified. The failure of all but a few professional economists to forecast the episode - the aftereffects of which still linger - has led many to question whether the economics profession contributes anything significant to society.

Economists treat economics as if it is a pure science divorced from the facts of life. The result of this false accountancy is a willful confusion under cover of which industry wreaks its havoc scot-free and ignores the environmental cost.

Economists who have studied the relationship between education and economic growth confirm what common sense suggests: The number of college degrees is not nearly as important as how well students develop cognitive skills, such as critical thinking and problem-solving ability.

I am not an economist... I am not a business technician. I am a revolutionary, and I do what is right for an economic revolutionary.

An economist's guess is liable to be as good as anybody else's.

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

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.

Saying that you are moral because you believe in a God is like saying you are an economist because you play monopoly.

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

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