Economic Mistakes Quotes

There are tons of examples of U.K. and European mistakes. A classic one is pensions. That's obviously not an America-specific thing. The British and European economies are suffering under the weight of what is to come. The next great Ponzi scheme after Madoff is probably pensions.

The Clinton years were not an economic Nirvana; as chairman of the president's Council of Economic Advisers during part of this time, I'm all too aware of mistakes and lost opportunities.

I am being bombed by questions of all kinds. I will try to be very concise and try to explain to the American people. We had a great number of mistakes in the economic fleld, naturally. I am not the critic. It is Fidel Castro, the one who has criticized repeatedly the mistakes we have made, and he explained why we have made them. We did not have a previous preparation. We made mistakes in agriculture. We made mistakes in industry. All these mistakes are being settled now.

If Nick Clegg hadn't been sitting around the cabinet table, we wouldn't have had the bedroom tax; we wouldn't have had the rise in tuition fees. We wouldn't have had the mistakes we've seen in economic policy.

The defining moment in American economic history is when Bill Clinton lobbied to get China into the World Trade Organization. It was the worst political and economic mistake in American history in the last 100 years.

The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.

A society that does not use the intellectual power of its female population fully is not a wise society. Most women are not as tainted by mistakes in the conduct of the economy as the male population, and now they deserve an opportunity.

Let's be honest: It wasn't just the banks who messed up. There were a lot of people who tried to buy assets they couldn't afford. That's a reality.

We have the most incompetently worked trade deals ever negotiated probably in the history of the world, and that starts with NAFTA. And now they want to go TPP, one of the great disasters.