Economic Perspectives Quotes

One speaks with great respect of economists, if only because they represent such a variety of opinions.

Economists are generally negligent of their heroes.

Economists can be called the worldly philosophers for they sought to embrace in a scheme of philosophy the most worldly of man's activities-his drive for wealth.

I would rather live in McCain's world than Obama's. But I believe that we live in Obama's world.

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

Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad.

We [with Donald Trump] just have a different view about what's best for growing the economy, how we make investments that will actually produce jobs and rising incomes.

Those, who are strongly wedded to what I shall call 'the classical theory', will fluctuate, I expect, between a belief that I am quite wrong and a belief that I am saying nothing new. It is for others to determine if either of these or the third alternative is right.

A lot of my colleagues have been people with broad interests in economics, not just narrowly focused interests.

Unlike physics, economists don't settle things. There seems to be plenty of room for different conclusions that are still accepted in the academy.

If you start with the presumptions that liberals do, that corporations are evil and it all descends from that and that government is great and that government's there to make sure corporations play fair and are not mean and do not rip people off, there's a little bit of truth in everything. Some corporations are bad, some corporations have done bad things, but as a general rule, it's dangerous to subscribe to things like that.