George Meany Quotes

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).

Any man who is only an economist is unlikely to be a good one.

Economics is not an exact science.

Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.

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

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

An economist is an expert who will know tomorrow why the outcome he predicted yesterday did not happen today.

There are two kinds of economists in the world. Those who don't know the future and those who don't know that they don't know the future.

Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.

Question: Why does anyone bother to listen to economists anymore? The profession has become an embarrassment, and the most respected economists have shown themselves to have as much predictive power as a deck of tarot cards.

Sometimes economists are right, and sometimes economists are wrong.

Macroeconomics, even with all of our computers and with all of our information - is not an exact science and is incapable of being an exact science.

I am not an economist. I am an honest man!

All economists should be locked up until they admit that they don't know what they're talking about.

Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?

I'm an economist. I'm not a political servant.

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.

The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.

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

In my long life, I have known some great economists, but I have never counted myself among their number nor walked in their company.

The primary role of the economist is to find out the truth about the real world.

The study of economics has been again and again led astray by the vain idea that economics must proceed according to the pattern of other sciences.

We have professional economists who can defend any viewpoint with statistics and they do that everywhere in the world.