John McCain Quotes

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

I'm not currently into economic textbooks, but my grandchildren tell me that the book by Gregory Mankiw, former head of the white house council of economic advisers is a model of intelligence and clarity. Why not try that one.

It is a misfortune of the times that all of us must needs be amateur economists-including, and perhaps especially, the professionals.

I have never considered myself an economist.

Studying economics is not a good preparation for dealing with it.

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.

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

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

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.

A healthy economics has got to have both conceptual, theoretical research and applied, empirical research.

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

I am aiming my books at anybody with no economics background.

I picked economics at the end of my undergraduate time because it seemed to be a really nice combination of theory, including mathematical theory on one hand, and things that are quite practical that you can touch and see and feel. So I picked it, and I consciously thought of it as an experiment to see if I liked it. And it worked.

For economist the real world is often a special case.

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.

Economics is in many respects the queen of the soft sciences. It's expected to be better than the rest. It's my view that economics is better at the multi-disciplinary stuff than the rest of the soft science. And it's also my view that it's still lousy.

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.

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

Economists are said to disagree too much but in ways that are too much alike: If eight sleep in the same bed, you can be sure that, like Eskimos, when they turn over, they'll all turn over together.

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.

Among the social sciences, economists are the snobs. Economics, with its numbers and graphs and curves, at least has the coloration and paraphernalia of a hard science. It's not just putting on sandals and trekking out to take notes on some tribe.

It is from the scope and wisdom of the economists of the past that we must reap the knowledge with which to face the future.

Economics is a social science, not a physical science.