Jay Roach Quotes

As an undergraduate at UBC in Canada, I fell in love with economic theory. It was the right choice for me.

Economics, we learn in the history of thought, only became a science by escaping from the casuistry and moralizing of medieval thought.

Either you believe in markets, or you believe in government.

Washington office-holders pontificating on markets, taxes, and monetary policy are usually repeating the ideas of some dead economist, often one of whom the orator had no inkling.

Economics is a good degree to have but the subject is very theoretical at Cambridge and I found it frustrating that you can't apply a lot of the models to particular circumstances.

Economics as a discipline has in effect become the study of capitalism. The two are taken as the same subject.

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

I must confess that if I had been consulted whether to establish a Nobel Prize in economics, I should have decidedly advised against it.

economics limps along with one foot in untested hypotheses and the other in untestable slogans.

Capitalism is a great idea in theory, but in practice it just doesn't work.

You know economists; they're the sort of people who see something works in practice and wonder if it would work in theory.

Economics is a social science, not a physical science.

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

Economists are people who wonder if what works in reality can also work in theory.

Economics has been called the dismal science. Once you get to understand it, you may not find it so dismal, but you don't find it much of a science either.

Economics is not a morality play.

Economists are generally negligent of their heroes.

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

Most economics that is taught in college and universities today projects itself as a value-neutral science. This claim has always been open to question, but I think it's especially in doubt today.

In economics, unlike fiction and the theater, there is no harm in a premature disclosure of the plot: it is to see the changes just mentioned and others as an interlocked whole.

Economics is not an exact science.

Economics never was a dismal science. It should be a realistic science.

The issue of economics is not something I've understood as well as I should. I've got Greenspan's book.

Economics is a form of brain damage.

There is no such thing as economics, only social science applied to economic problems.