“My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the economics of mass unemployment and international economics.” TwoWholeJobsTeachEconomicSubjectsTheoryMassEconomicsInternationalUnemploymentEconomic TheoryCorpus Author:James Meade
“That economics and finance are often covered as technical subjects, sort of boring subjects, and either you already know a lot about it and you follow it, or you don't know much about it and you don't want to know.” KnowsWantSubjectsEconomicsBoringFinanceCovered Author:David Plotz
“Too many people think that economics is this subject that should wait until the university level. But it can't wait that long.” PeopleThinkingShouldLongWaitingLevelsSubjectsEconomicsUniversity Author:Robert Duvall
“Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.” MindAudienceEconomySubjectsBlessingEconomicsEarsResponseIllBoredomTopicsCliche Author:John Kenneth Galbraith
“Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of study.” StudyEconomicSubjectsFieldsTheoryEconomicsLaborMarketingInstructionCastesEconomic TheoryPrestigious Book:the new industrial state Source: the new industrial state
“My principal work now lies in tracing out the exact nature and conditions of utility. It seems strange indeed that economists have not bestowed more minute attention on a subject which doubtless furnishes the true key to the problems of economics.” ProblemSeemsLyingAttentionMinutesConditionsSubjectsStrangeKeysEconomicsPrincipalEconomistUtilityTracing Book:The Theory of Political Economy Source: The Theory of Political Economy
“This is a serious analysis of a ridiculous subject, which is of course the opposite of what is usual in economics.” CoursesSubjectsSeriousEconomicsOppositesRidiculousAnalysisUsual Author:Paul Krugman
“I doubt whether there is any subject in the world of equal importance that has received so little serious and articulate consideration as the economic status of the family - of its members in relation to each other and of the whole unit in relation to the other units of which the community is made up.” WorldLittlesMadeWholeCommunityFamilyDoubtEconomicSubjectsSeriousEqualMembersEconomicsImportanceRelationConsiderationUnitsEconomic Status Author:Eleanor Rathbone
“If anything is evident about people who manage money, it is that the task attracts a very low level of talent, one that is protected in its highly imperfect profession by the mystery that is thought to enfold the subject of economics in general and of money in particular.” PeopleIfsLevelsMoneyMysterySubjectsTalentParticularLowsEconomicsTasksProfessionManageImperfectProtectedEvidentLow Level Book:Money: Whence It Came, Where It Went Source: Money: Whence It Came, Where It Went
“In view of the importance of philanthropy in our society, it is surprising that so little attention has been given to it by economic or social theorists. In economic theory, especially, the subject is almost completely ignored. This is not, I think, because economists regard mankind as basically selfish or even because economic man is supposed to act only in his self-interest; it is rather because economics has essentially grown up around the phenomenon of exchange and its theoretical structure rests heavily on this process.” ThinkingMenLittlesHas BeensSelfGivenSocialProcessInterestViewsAttentionEconomicSubjectsMankindTheoryEconomicsImportanceRegardStructureSelfishOur SocietyPhenomenonSurprisingPhilanthropyIgnoredEconomistTheoreticalSelf InterestTheoristsEconomic Theory Author:Kenneth E. Boulding
“Colleges don't teach economics properly. Unfortunately we learn little from the experience of the past. An economist must know, besides his subject, ethics, logic, philosophy, the humanities and sociology, in fact everything that is part of how we live and react to one another.” KnowsLittlesPhilosophyFactsPastHumanityTeachEconomySubjectsCollegeEthicsEconomicsLogicEconomistSociology Author:Bernard Baruch
“The subjects of every state ought to contribute toward the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state ....As Henry Home (Lord Kames) has written, a goal of taxation should be to 'remedy inequality of riches as much as possible, by relieving the poor and burdening the rich.'” ShouldStatesHomeGovernmentEnjoyGoalAbilityPoorLordSupportRichWrittenSubjectsOughtEconomicsProtectionLibertarianRichesInequalityProportionRemedyTaxationRevenue Author:Adam Smith
“We rarely hear, it has been said, of the combinations [that is, unions or colluding organizations] of masters, though frequently of those of workmen. But whoever imagines, upon this account, that masters rarely combine, is as ignorant of the world as of the subject. Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor above their actual price.” WorldHas BeensSaidImagineSubjectsMastersEconomicsLaborOrganizationAccountsRaisesConstantUnionsIgnorantCombinationUniformsWagesWorkmenTacitWealth Of Nations Author:Adam Smith
“Economics as a discipline has in effect become the study of capitalism. The two are taken as the same subject.” TwoStudyTakenSubjectsEffectsDisciplineCapitalismEconomics Author:John Lanchester
“There's a snobbery at work in architecture. The subject is too often treated as a fine art, delicately wrapped in mumbo-jumbo. In reality, it's an all-embracing discipline taking in science, art, maths, engineering, climate, nature, politics, economics.” ArtRealitySubjectsFineDisciplineEconomicsClimateMathArchitectureTreatedEngineeringFine ArtsSnobbery Author:Norman Foster