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Economics Quotes

Browse 2895 quotes about Economics.

Economics Quotes

“Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?”

Giving Should Facts Cases Information Ignorance Theory Economics Scientist Expected Precise

Author:Friedrich August von Hayek

“While I am not a scientist, and write primarily on economics, tax policy and budget issues, I have been fascinated over the years by Heartland's work on climate change.”

Writing Years Has Beens Issues Policy Taxes Economics Scientist Climate Climate Change Budgets Fascinated

Author:Peter Ferrara

“The first proponent of cortical memory networks on a major scale was neither a neuroscientist nor a computer scientist but .. a Viennes economist: Friedrich von Hayek (1899-1992). A man of exceptionally broad knowledge and profound insight into the operation of complex systems, Hayek applied such insight with remarkable success to economics (Nobel Prize, 1974), sociology, political science, jurisprudence, evolutionary theory, psychology, and brain science (Hayek, 1952).”

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

“I do agree that the science is not settled on this. The idea we would put Americans' economy in jeopardy based on scientific theory that is not settled yet to me is nonsense. Just because you have a group of scientists who stood up and said this is the fact... Galileo got outvoted for a spell. To put Americans' economic future in jeopardy, asking us to cut back in areas that would have monstrous economic impact on this country is not good economics and I would suggest is not necessarily good science.”

“The world has changed far more in the past 100 years than in any other century in history. The reason is not political or economic but technological-technologies that flowed directly from advances in basic science. Clearly, no scientist better represents those advances than Albert Einstein: TIME's Person of the Century.”

World Years Persons Reason Past Political Technology Economic Century Changed Economics Scientist Technological Technological Change

Author:Stephen Hawking

“Probably the only people left who think that economics deserves a Nobel Prize are economists. It confirms their conceit that they're doing 'science' rather than the less tidy task of observing the world and trying to make sense of it. This, after all, is done by mere historians, political scientists, anthropologists, sociologists, and (heaven forbid) even journalists. Economists are loath to admit that they belong in such raffish company.”

“The real economic cleavage is not... between employers and employed, but between all who do constructive work, from scientist to laborer, on the one hand, and all whose main interest is the preservation of existing proprietary rights upon the other, irrespective of whether they contribute to constructive work or not.”

Real Philosophy Hands Political Interest Rights Economic Economics Scientist Preservation Employed Employers Constructive Laborers Cleavage

Book:THE ACQUISITIVE SOCIETY

Source: THE ACQUISITIVE SOCIETY

“The most successful scientists in the history of the world are those who posed the right questions”

World Business Successful Economics Scientist Management World History Right Questions

Author:Neil deGrasse Tyson

“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?”