“I've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on Wall Street. When economics is taught by pure academics, watch out.” NeedsFeltWatchesStreetsTaughtWallPureEconomicsInvestingEconomistPayroll Author:Mark Skousen
“Our country has shown a lack of will to resist its own disintegration .. . Canada is practically the only country left in the world which is a pure colony; colonial in psychology as well as in mercantile economics.” WorldWellsCountryLeftPsychologyPureEconomicsOur CountryCanadaColonyDisintegration Book:The Northrop Frye Quote Book Source: The Northrop Frye Quote Book
“Today this is what we are confronted with, I mean what is pure ideology, which takes no account of the human context. In economics it's the same. Economics wanted to take into account theory over and above human criteria, or the parameter 'man'.” MenHumansMeanTodayWantedTheoryPureEconomicsAccountsIdeologyCriteriaParameters Author:Catherine Camus
“Economists treat economics as if it is a pure science divorced from the facts of life. The result of this false accountancy is a willful confusion under cover of which industry wreaks its havoc scot-free and ignores the environmental cost.” IfsFactsResultsIndustryCostPureEconomicsTreatsEnvironmentalConfusionEconomistDivorcedFacts Of LifeHavocScots Author:Vivienne Westwood
“Some of the most serious fallacies of traditional economics have been due to confusion between optimum and equilibrium conditions; the apparent influence of Dr. Pangloss upon the development of economic thought is for the most part nothing but pure intellectual error.” Has BeensInfluenceEconomicConditionsSeriousDevelopmentPureIntellectualEconomicsErrorsDuesConfusionTraditionalDrsEquilibriumFallacyOptimum Author:Sir John Richard Hicks
“Hume develops his arguments by a series of models. He doesn't call them models in the pretentious way in which we envelope, very often, pure banalities in this jargon” WayPureModelsEconomicsArgumentSeriesPretentiousEnvelopesJargonBanalityHume Author:Lionel Robbins, Baron Robbins
“Capitalism is the only system that can make freedom, individuality, and the pursuit of values possible in practice. When I say 'capitalism,' I mean a pure, uncontrolled, unregulated laissez-faire capitalism - with a separation of economics, in the same way and for the same reasons as a separation of state and church.” WayMeanStatesReasonValuesChurchLibertyPracticePureCapitalismEconomicsIndividualitySeparationPursuitLaissez FaireLaissez Faire Capitalism Author:Ayn Rand
“Mainstream economics scholarship produces theory without facts ("pure theory") and facts without theory ("applied economics").” FactsProduceTheoryPureEconomicsMainstreamScholarship Author:Michel Chossudovsky
“Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is driven by pure stupidity - or, rather, inattention, misinformation about fundamentals, and an exaggerated focus on currently circulating stories.” WorldStoriesHappensFocusPureModelsExpectationsEconomicsFundamentalsStupidityDrivenRationalFinanceConspiracyEconomistExaggeratedAdmittingMisinformationInattention Author:Robert J. Shiller