Jean-Baptiste Say Quotes

Supply can create its own demand.

I am not a monetarist, and I am not a Keynesian. On certain points I agree with each.

I'm happy to say I am a Harrison-Kreps-Keynesian.

The difference between microeconomics and macroeconomics is a bit like the difference between biology and medicine. Knowing that certain genes increase the risk of cancer is relatively easy. Figuring out exactly which people will get sick, or how to cure them, is a lot more complicated.

I understand how the economy actually works.

I had become interested in economics, an interest that was transformed into a lifetime dedication when I met with the mathematical theory of general economic equilibrium.

At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory.

Economic science concerns itself primarily with theoretical and empirical generalizations about the behavior of individuals, institutions, markets, and national economies. Most academic research falls in this category.

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand.

My interest in economics has always been in the whole corpus of economic theory, the interrelationships between the various fields of theory and their relevance for the formulation of economic policy.

I wonder if economics has less basic core material than is necessary for fields such as mathematics, physics, or chemistry, say.

Economics has paid a terrible price for its dalliances with the Keynesian and neoclassical theories.

The Keynesian belief that 'demand' is always at the root of underemployment and slow growth is a fallacy.

Supply and demand don’t work on a legislative schedule.

Keynes eliminated economic theory's ancient role as spoilsport for inflationist and statist schemes, leading a new generation of economists on to academic power and to political pelf and privilege.

Weirdly enough, I'm a macroeconomics enthusiast.

I had never taken any economics. I literally didn't know what it was. I thought it was just about the study of money.

At the beginning of my sophomore year at Princeton University, I took my first economics course; our textbook was the first edition of Samuelson's 'Economics: An Introductory Analysis.'

Keynesians are to economics what witch doctors are to medicine.

I'm not an economist and we all know economists were created to make weather forecasters look good.

Basic Economics 101. It's the most complicated simple subject there is.

Economics is not brain surgery.

My main interest, however, was in economics, not law.

I didn't wake up one day and say, you know, 'Supply-side economics doesn't make sense.'

I studied economics and made it my career for two reasons. The subject was and is intellectually fascinating and challenging, particularly to someone with taste and talent for theoretical reasoning and quantitative analysis.