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Economics Quotes

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Economics Quotes

“Reader, you forget that economics precedes religion; worship grew out of eating, not the other way around.”

Way Religion Women Forget Grew Reader Eating Worship Economics

Book:The pursuit of happiness: a novel

Source: The pursuit of happiness: a novel

“As the worldly philosophers of the past affirmed, the goal of economics is to improve the way society functions. In The New Financial Order, Robert Shiller joins this proud tradition by directing his brilliant economic skills toward the creation of financial institutions designed to reduce the risks an unknown future visits on most members of our society and others. Shiller's imaginative and compelling analysis will appeal to all readers who share his passion for initiating not only a richer, but a better, century.”

“I chose to write about food: food is inherently political, but it's also an essential part of people's real lives. It's where the public and private spheres connect. I wanted to show readers that the larger politics of war and economics and U.S. foreign policy are inextricably bound to the supposedly trivial details of our everyday lives.”

People Writing War Real Shows Wanted Political Policy Reader Essentials Economics Everyday Bounds Details Real Life Spheres Foreign Policy Everyday Life

Author:Annia Ciezadlo

“I've been a faithful reader of the great classical documents of economics, or tried to be. The first book in the field that I ever read was Principles of Economics by Alfred Marshall. I suppose subsequently I would have to pick out Keynes, Adam Smith, Marx.”

Firsts Book Principles Fields Reader Picks Economics Faithful Adam Documents Keynes

Author:John Kenneth Galbraith

“I've been a faithful reader of the great classical documents of economics, or tried to be.”

Reader Economics Faithful Documents

Author:John Kenneth Galbraith

“As the work progresses the careful reader will insert mental interrogation points here and there. He will find that his interest increases as the interrogation points become more frequent, and that it culminates where they are changed to marks of positive dissent. I venture to record the opinion that the value of the work reaches a maximum in a passage that is demonstrably incorrect.”

Values Interest Opinion Records Progress Changed Reader Economics Increase Mark Careful Passages Venture Maximum Here And There Dissent Insert Interrogation

Author:John Bates Clark

“Economic controversy is generally a thankless task. You cannot hope to make any impression on your opponent. Yet he is the only reader on whose interest you can count.”

Interest Economic Reader Economics Tasks Impression Opponents Controversy Thankless

Author:Francis Ysidro Edgeworth

“Page after page of professional economic journals are filled with mathematical formulas leading the reader from sets of more or less plausible but entirely arbitrary assumptions to precisely stated but irrelevant theoretical conclusions.”

Economic Reader Pages Economics Filled Conclusion Mathematical Assumption Formulas Journal Irrelevant Arbitrary Theoretical Plausible

Book:Essays in Economics: Theories, Theorizing, Facts, and Policies

Source: Essays in Economics: Theories, Theorizing, Facts, and Policies

“I admit that these terms and the diagrams connected with them repel some readers, and fill others with the vain imagination that they have mastered difficult economics problems, when really they have done little more than learn the language in which parts of those problems can be expressed, and the machinery by which they can be handled. When the actual conditions of particular problems have not been studied, such knowledge is little better than a derrick for sinking oil-wells erected where there are no oil-bearing strata.”

Wells Littles Done Problem Language Difficult Term Imagination Conditions Particular Reader Economics Connected Oil Vain Machinery Sinking Diagrams

Author:Alfred Marshall

“The book, as it stands, seems to me to be one of the most frightful muddles I have ever read, with scarcely a sound proposition in it beginning with page 45 [Hayek provided historical background up to page 45; after that came his theoretical model], and yet it remains a book of some interest, which is likely to leave its mark on the mind of the reader. It is an extraordinary example of how, starting with a mistake, a remorseless logician can end up in bedlam.”

Source: The Collected Writings of John Maynard Keynes: The general theory and after: pt. 1, Preparation

“Our popular economics writers, however, are not in the business of giving their readers a ringside seat on the research action; with no exception I can think of, they use their books to do an end run around the normal structure of scholarship, to preach ideas that few serious economists share. Often, these ideas are not just at odds with the professional consensus; they are demonstrably wrong, and sometimes terminally silly. But they sound good to the unwary reader.”

“Good writing, and this is especially important in a subject such as economics, must also involve the reader in the matter at hand. It is not enough to explain. The images that are in the mind of the writer must be made to reappear in the mind of the reader, and it is the absence of this ability that causes much economic writing to be condemned, quite properly, as abstract.”

Writing Mind Made Important Matter Enough Hands Causes Ability Economic Subjects Reader Economics Absence Abstract Good Writing

Author:John Kenneth Galbraith

“General editors' preface The growth of translation studies as a separate discipline is a success story of the 1980s. The subject has developed in many parts of the world and is clearly destined to continue developing well into the twenty-first century. Translation studies brings together work in a wide variety of fields, including linguistics, literary study, history, anthropology, psychology, and economics. This series of books will reflect the breadth of work in translation studies and will enable readers to share in the exciting new developments that are taking place at the present time.”