Home / Topics / Economics Quotes

Economics Quotes

Browse 2895 quotes about Economics.

Economics Quotes

“Economic analysis is the first principle of Marxism. Professors who were genuine leftists would have challenged the entire economics-driven machinery of American academe the wasteful multidepartmental structure, the divisive pedantry of overspecialization, the cronyism and sycophancy in recruitment and promotion, the boondoggling ostentation of pointless conferences, the exploitation of graduate students and part-time teachers, the subservience of faculty to overpaid administrators, the mediocrity and folly of the ruling cliques of the Modern Language Association.”

Source: Vamps & Tramps: New Essays

“as an economics professor I am by nature inclined to the view that the truth isn't out there, it's in here - that usually you learn a lot more by thinking really hard about the data than you do by sniffing around for supposedly inside information.”

Thinking Hard Truth Views Information Truth Is Economics Data Professors Free Thought Sniffing

Author:Paul Krugman

“Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.”

People Mean Risk College Higher Economics Professors Aversion

Author:Michael Arrington

“Besides numerous science courses, I had the opportunity to study philosophy, the history of architecture, economics, and Russian history in courses taught by extraordinarily knowledgeable professors.”

Philosophy Courses Opportunity Study Taught Economics Architecture Professors Knowledgeable Russian History

Author:Stanley B. Prusiner

“persons, with big wigs many of them and austere aspect, whom I take to be Professors of the Dismal Science… Coining “Dismal Science” as a nickname for Political Economy”

Persons Bigs Political Economy Aspect Economics Professors Nicknames Wigs Political Economy

Author:Thomas Carlyle

“The possibility that stock value in aggregate can become irrationally high is contrary to the hard-form "efficient market" theory that many of you once learned as gospel from your mistaken professors of yore. Your mistaken professors were too much influenced by "rational man" models of human behavior from economics and too little by "foolish man" models from psychology and real-world experience.”

“[A]n important new book. . . . Professor Akerlof and Rachel Kranton have invented Identity Economics.”

Important Book Identity Economics Professors New Books

Author:Daniel Finkelstein

“I've been a professor of mathematics at Harvard and at Yale. At Yale for a long time. But I'm not a mathematician only. I'm a professor of physics, of economics, a long list. Each element of this list is normal. The combination of these elements is very rare at best.”

Long Elements Normal Long Time Economics Mathematics Lists Physics Combination Professors Mathematician Harvard Yale

Author:Benoit Mandelbrot

“[My father] was also a lawyer in his bank and specialized in tax law. He would have to do the tax returns for all the Harvard profs because they were buffaloed by that kind of reasoning. Professors in the economics department, even they knew nothing about it.”

Kind Law Father Return Taxes Economics Lawyer Reasoning Department Professors Harvard Tax Returns

Author:Paul Laffoley

“I prefer to call the most obnoxious feminists what they really are: feminazis. Tom Hazlett, a good friend who is an esteemed and highly regarded professor of economics at the University of California at Davis, coined the term to describe any female who is intolerant of any point of view that challenges militant feminism.”

Term Challenges Views Feminism Female Economics University Feminist Point Of View California Professors Toms Good Friend Militant Obnoxious

Author:Rush Limbaugh

“...even professors of economics, to say nothing of the public, do not generally have scientific minds.”

Mind Economics Professors

Book:Risk, Uncertainty and Profit

Source: Risk, Uncertainty and Profit

“"Law professors were never like economics professors," a Harvard Law professor told me. "If you disagreed with someone, you didn't call him a fool."”

Ifs Law Fool Economics Professors Harvard

Author:Calvin Trillin

“Respectable Professors of the Dismal Science.”

Economics Professors Respectable

Author:Thomas Carlyle

“Some years ago an excellent professor of economics told his class in his gravelly voice, 'If you pay me $50,000 a year to solve a problem, I damned sure ain't going to solve it.'”

Ifs Years Problem Political Voice Pay Class Years Ago Economics Solve Excellent Professors

Author:Charley Reese

“My mother is an office manager, my father a professor of economics and financial planner.”

Mother Father Office Economics Financial Managers Professors Planners

Author:Poppy Z. Brite