Economist Quotes - Page 9

• Discovering various economists, economic works, reading financial periodicals and keeping up on current events in geopolitics and economics around the world opened my eyes to many facets of how the extended order works.

  Kurt Bills

  Reading, Eye, Order

  17 Copy quote

• Economists and workplace consultants regard it as almost unquestioned dogma that people are motivated by rewards, so they don't feel the need to test this. It has the status more of religious truth than scientific hypothesis. The facts are absolutely clear. There is no question that in virtually all circumstances in which people are doing things in order to get rewards, extrinsic tangible rewards undermine intrinsic motivation.The bonus myth: How paying for results can backfire The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing.

  Albert Einstein

  Religious, Motivation, Knowledge

  11 Copy quote

• The policy of letting things alone, in the practical sense that the Government should never interfere with business or go into business itself, is called Laisser-faire by economists and politicians. It has broken down so completely in practice that it is now discredited; but it was all the fashion in politics a hundred years ago, and is still influentially advocated by men of business and their backers who naturally would like to be allowed to make money as they please without regard to the interest of the public.

  George Bernard Shaw

  Fashion, Money, Men

  4 Copy quote

• There is a beauty in discovery. There is mathematics in music, a kinship of science and poetry in the description of nature, and exquisite form in a molecule. Attempts to place different disciplines in different camps are revealed as artificial in the face of the unity of knowledge. All literate men are sustained by the philosopher, the historian, the political analyst, the economist, the scientist, the poet, the artisan and the musician.

  Glenn T. Seaborg

  Men, Discovery, Discipline

  "Biographical Memoirs" edited by Darleane C. Hoffman, (p. 252), 2000.

  24 Copy quote

  Show source

• Health economists have estimated that an injection of $250 million per year in Indigenous clinical care, and $50 million in preventative care, is required to provide services at the same level as for any other group with the health conditions of Indigenous Australians.

  Malcolm Fraser

  Years, Levels, Care

  "Personal Quotes/ Biography". www.imdb.com.

  8 Copy quote

  Show source

• When you poll all of the economists, uh, across America that I think are intellectually honest they would all, or maybe not all, but 95% of them 96% of them would say you know we really have got a powerful economy.

  Donald Evans

  Powerful, Thinking, America

  4 Copy quote

• I've heard people say that the trouble with the world is that we haven't enough great leaders. I think we haven't enough great followers. I have stood side by side with great thinkers - surgeons, engineers, economists; people who deserve a great following - and have heard the crowd cheer me instead.

  Babe Ruth

  Cheer, Thinking, People

  67 Copy quote

• The party of Lincoln and Liberty was transmogrified into the party of hairy-backed swamp developers and corporate shills, faith-based economists, fundamentalist bullies with Bibles, Christians of convenience, freelance racists, misanthropic frat boys, shrieking midgets of AM radio, tax cheats, nihilists in golf pants, brownshirts in pinstripes, sweatshop tycoons. ... Republicans: The No. 1 reason the rest of the world thinks we're deaf, dumb, and dangerous.

  Garrison Keillor

  Christian, Party, Golf

  "We're Not in Lake Wobegon Anymore", These Times, August 26, 2004.

  57 Copy quote

  Show source

• One of the best predictors of policy around is Thomas Ferguson's investment theory of politics, as he calls it - very outstanding political economist - which essentially - I mean, to say it in a sentence, he describes elections as occasions in which groups of investors coalesce and invest to control the state.

  Noam Chomsky

  Mean, Political, Groups

  "Noam Chomsky on the Global Economic Crisis, Healthcare, US Foreign Policy and Resistance to American Empire". "Democracy Now!" with Amy Goodman, www.democracynow.org. April 13, 2009.

  4 Copy quote

  Show source

• I'm not a politician, I'm not an economist. I'm just a simple Brian surgeon and a scientist who's trying to do my best every day.

  Alfredo Quinones-Hinojosa

  Simple, Trying, Politician

  Source: www.pbs.org

  8 Copy quote

  Show source

• Easterly, a celebrated economist, presents one side in what has become an ongoing debate with fellow star-economist Jeffrey Sachs about the role of international aid in global poverty. Easterly argues that existing aid strategies have not and will not reduce poverty, because they don't seriously take into account feedback from those who need the aid and because they perpetuate western colonial tendencies.

  Amy Lockwood

  Stars, Poverty, Sides

  4 Copy quote

• I once read about a meeting of economists who agreed that if their forecasts were 33 1/3 % correct, that was considered a high mark in their profession. Well, of course, I know you cannot invest in securities successfully with odds like that against you if you place dependence solely upon judgement as to the right securities to own and the right time or price to buy them. Then, too, I read somewhere about the man who described an economist as resembling ‘a professor of anatomy who was still a virgin.’

  Gerald M. Loeb

  Men, Odds, He Man

  9 Copy quote

• I ask the political economists and the moralists if they have ever calculated the number of individuals who must be condemned to misery, overwork, demoralisation, degradation, rank ignorance, overwhelming misfortune and utter penury in order to produce one rich man.

  Almeida Garrett

  Ignorance, Men, Order

  10 Copy quote

• Governments, political parties, pressure groups, and the bureaucrats of the educational hierarchy think they can avoid the inevitable consequences of unsuitable measures by boycotting and silencing the independent economists. But truth persists and works, even if nobody is left to utter it.

  Ludwig von Mises

  Educational, Party, Independent

  9 Copy quote

• There are only two economists in Congress and hundreds of lawyers. Does that explain why the government is in such a mess?

  Thomas Sowell

  Government, Two, Doe

  13 Copy quote

• Lunches don't get free just because you don't see the prices on the menu. And economists don't get popular by reminding people of that.

  Thomas Sowell

  Lunch, People, Economics

  Thomas Sowell (2013). “Ever Wonder Why?: and Other Controversial Essays”, p.56, Hoover Press

  16 Copy quote

  Show source

• The economists who have put the spotlight on teacher quality are the ones who most misunderstand it.

  Andy Hargreaves

  Leadership, Teacher, Learning

  4 Copy quote

• In short, I do not write for mathematicians, nor as a mathematician, but as an economist wishing to convince other economists that their science can only be satisfactorily treated on an explicitly mathematical basis.

  William Stanley Jevons

  Writing, Wish, Mathematical

  William Stanley Jevons (1970). “The Theory of Political Economy”, Penguin (Non-Classics)

  4 Copy quote

  Show source

• Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory.

  William Stanley Jevons

  Theory, Difficulty, Application

  William Stanley Jevons (1871). “The Theory of Political Economy”, p.106

  17 Copy quote

  Show source

• As there are so many who talk prose without knowing it, or, again, who syllogize without having the least idea what a syllogism is, so economists have long been mathematicians without being aware of the fact.

  William Stanley Jevons

  Ideas, Knowing, Long

  William Stanley Jevons (1970). “The Theory of Political Economy”, Penguin (Non-Classics)

  4 Copy quote

  Show source

• The conclusion to which I am ever more clearly coming is that the only hope of attaining a true system of economics is to fling aside,once and forever, the mazy and preposterous assumptions of the Ricardian school. Our English economists have been living in a fool's paradise. The truth is with the French school, and the sooner we recognize the fact, the better it will be for all the world, except perhaps the few writers who are far too committed to the old erroneous doctrines to allow for renunciation.

  William Stanley Jevons

  School, Forever, Fool

  William Stanley Jevons (1879). “Political Economy”

  4 Copy quote

  Show source

• Despite the high salaries involved, employing economists is a cost-effective way for banks, and stockbrokers to secure exposure in the media.

  Paul Ormerod

  Media, Salary, Cost

  "The Death of Economics". Book by Paul Ormerod, 1994.

  4 Copy quote

  Show source

• But Adam Smith was a philosopher as well as well as an economist, famous in his time as much for his Theory of Moral Sentiments as for The Wealth of Nations. And as he understood so well, society is more than the sum of its individual parts.

  Paul Ormerod

  Philosopher, Moral, Wealth

  "The Death of Economics". Book by Paul Ormerod, 1994.

  4 Copy quote

  Show source

• U.S. Internal Revenue Service: an agency modeled after the revenue raising concepts of the 19th century economist, Jesse James.

  Robert Breault

  Agency, Century, Taxes

  4 Copy quote

• They called me the sexiest economist in America, and that was years ago, when I had hair and body mass and my teeth were shiny.

  Mark Zandi

  Hair, Years, America

  4 Copy quote