P. J. O'Rourke Quotes

But my shift to the serious study of economics gradually weakened my belief in Major Douglas's A+B theorem, which was replaced in my thought by the expression MV = PT.

The media simply does not understand Econ 101.

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.'

What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.

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

Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.

We have learned that the various schools of [economic] thought all have important elements of truth in them. But none of them is by itself a sufficient explanation of what goes on in the economy.

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

I understand how the economy actually works.

Funnily enough, the Federal Reserve produced comics about monetary policy, and there is a good comic book guide to microeconomics and macroeconomics out there. But it is not really appropriate for younger readers; it is really aimed at economics students.

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

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

I am an economist, not an astrologer.

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've been surrounded by some of the best economic minds in the country, and hopefully I've absorbed some of that.

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

Supply creates its own demand

Will the politicians of all countries one day understand that it is as useless to shake one's fist at economics as it was for Xerxes to flog the sea--that it is far better to set to work to study this new science, born within the last fifty years, which they have been foolish enough to ignore or never to learn?

If you think about the amount of critical thinking that has come into the field of economics, two universities have dominated the landscape in my life: Chicago and Harvard.

I studied economics with some teachers from ESADE. It's a really good school here in Spain. They helped me to understand a little about numbers, stats, economics, etc.

The narrative related to economics is, I think, very well understood even by the common man.

I never, never in my life took a course in economics.

Microeconomics: The study of who has the money and how I can get my hands on it.Macroeconomics: The study of which government agency has the gun, and how we can get our hands on it.

I don't care who writes a nation's laws - or crafts its advanced treaties - if I can write its economics textbooks.

Why does a public discussion of economic policy so often show the abysmal ignorance of the participants?