Robert Heilbroner Quotes

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.

If economists were doctors, they would today be mired in malpractice suits.

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.

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.

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.

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

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

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

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

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.

The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.

I don't care very much for the People Magazine approach to applied economics.

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.

Economists are generally negligent of their heroes.

I'm a better economist than I was a sax player.

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

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.

In economics, you always want to ask 'And then what?'

Take care to be an economist in prosperity. There is no fear of your being one in adversity.

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