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Economics Quotes

Browse 2895 quotes about Economics.

Economics Quotes

“Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.”

Source: The Essential Galbraith

“Man has existed for about a million years. He has possessed writing for about 6,000 years, agriculture somewhat longer, but perhaps not much longer. Science, as a dominant factor in determining the belief of educated men, has existed for about 300 years; as a source of economic technique, for about 150 years. In this brief period it has proved itself an incredibly powerful revolutionary force. When we consider how recently it has risen to power, we find ourselves forced to believe that we are at the very beginning of its work in transforming human life.”

Source: The Impact of Science On Society

“I think that local school districts - not the federal government - should make the decision about how they teach science, biology, economics. I want my kids to be taught about evolution; I want my kids to be taught about other theories.”

“Facts do not cease to exist because they are ignored.”

“Science is the great antidote to the poison of enthusiasm and superstition.”

“Name the greatest of all inventors. Accident.”

Inspirational Success Science Names Progress Evolution Smart Economics Luck Accidents Invention Good Luck Inventor Bad Luck Inventions And Inventors Saying Good Luck Great Inventors

Book:Mark Twain at Your Fingertips: A Book of Quotations

Source: Mark Twain at Your Fingertips: A Book of Quotations

“There are 10^11 stars in the galaxy. That used to be a huge number. But it's only a hundred billion. It's less than the national deficit! We used to call them astronomical numbers. Now we should call them economical numbers.”

Should Science Political Used Stars Numbers Learning Huge Hundred Discovery Economics Billions Used To Be Economist Galaxy Deficit Huge Numbers

Author:Richard P. Feynman

“You don't have to get a job that makes others feel comfortable about what they perceive as your success. You don't have to explain what your plan to do with your life. You don't have to justify your education by demonstrating its financial rewards. You don't have to maintain an impeccable credit score. Anyone who expects you to do any of those things has no sense of history of economics or science or the arts.”

Source: Brave Enough: A Mini Instruction Manual for the Soul

“This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.”

Ifs Long Running Past Science Death Easy Ocean Economics Tasks Seasons Affair Currents Storm Guides Useless Flats Long Runs Economist Mislead Current Affairs

Author:John Maynard Keynes

“The time has come to link ecology to economic and human development. When you have seen one ant, one bird, one tree, you have not seen them all. What is happening to the rain forests of Madagascar and Brazil will affect us all.”

Knows Humans Science Knowledge Tree Economic Development Happenings Bird Rain Economics Forests Biology Links Ecology Ants Brazil Human Development Madagascar

Author:E. O. Wilson

“I have long aspired to make our company a noble prototype of industry, penetrating in science, reliable in engineering, creative in aesthetics and wholesomely prosperous in economics.”

Long Science Company Creative Industry Economics Accounts Noble Engineering Prosperous Aesthetics Prototype

Author:Edwin Land

“Without an acquaintance with chemistry, the statesman must remain a stranger to the true vital interests of the state, to the means of its organic development and improvement; ... The highest economic or material interests of a country, the increased and more profitable production of food for man and animals, ... are most closely linked with the advancement and diffusion of the natural sciences, especially of chemistry.”

Source: Familiar Letters on Chemistry, in its relation to Physiology, Dietetics, Agriculture, Commerce and Political Economy: Edited by John Blyth

“Some years ago John Kenneth Galbraith wrote in an essay on his efforts at writing a history of economics: 'As one approaches the present, one is filled with a sense of hopelessness; in a year and possibly even a month, there is now more economic comment in the supposedly serious literature than survives from the whole of the thousand years commonly denominated as the Middle Ages ... anyone who claims to be familiar with it all is a confessing liar.' I believe that all physicists would subscribe to the same sentiments regarding their own professional literature. I do at any rate.”

“The investigation of causal relations between economic phenomena presents many problems of peculiar difficulty, and offers many opportunities for fallacious conclusions. Since the statistician can seldom or never make experiments for himself, he has to accept the data of daily experience, and discuss as best he can the relations of a whole group of changes; he cannot, like the physicist, narrow down the issue to the effect of one variation at a time. The problems of statistics are in this sense far more complex than the problems of physics.”

“Among the current discussions, the impact of new and sophisticated methods in the study of the past occupies an important place. The new 'scientific' or 'cliometric' history-born of the marriage contracted between historical problems and advanced statistical analysis, with economic theory as bridesmaid and the computer as best man-has made tremendous advances in the last generation.”

Source: Which Road to the Past?: Two Views of History

“Home Economics stands for the ideal home life for today unhampered by the traditions of the past and the utilization of all the resources of modern science to improve home life.”

Life Home Today Past Science Modern Resources Ideals Economics Tradition Improving Modern Science Home Life Utilization Home Economics

Author:Ellen Swallow Richards

“It is clear that economics, if it is to be a science at all, must be a mathematical science.”

Ifs Science Clear Economics Mathematics Math Mathematical

Author:William Stanley Jevons

“To overturn orthodoxy is no easier in science than in philosophy, religion, economics, or any of the other disciplines through which we try to comprehend the world and the society in which we live.”

World Trying Philosophy Science Discipline Easier Economics Scientist Orthodox Orthodoxy

Book:Biological woman--the convenient myth: a collection of feminist essays and a comprehensive bibliography

Source: Biological woman--the convenient myth: a collection of feminist essays and a comprehensive bibliography

“If we knew what it was we were doing, it would not be called research, would it?”