2214 quotes by economists for you to enjoy

It's important to understand how people perceive risk, and how that translates into investment behavior. Andrew Lo

People Behavior Important Perceive Risk Investment Understand How

More and more investors may be coming into markets everywhere but that doesn't mean that the markets are really getting more and more efficient, even in the United States. It does mean that there is more access for savvy investors who watch the money flows. Andrew Lo

Ideas percolate. Through natural selection, the best ones survive. Andrew Lo

Best Natural Through Selection Ideas Survive Natural Selection

I don't think that globalisation is anywhere near the threat that robots are. Angus Deaton

Think Threat Globalisation Robots Anywhere Near

The call to rein in globalization reflects a belief that it has eliminated jobs in the West, sending them East and South. But the biggest threat to traditional jobs is not Chinese or Mexican; it is a robot. Angus Deaton

Robot East Jobs Threat Globalization Call Traditional West South Mexican Reflects Sending Biggest Chinese Them Belief Rein Eliminated

Globalization obviously has the potential to be good. That doesn't mean it's good for everybody. There's a very large number of people in India and China who benefited directly from globalization, but it doesn't mean everybody in America benefits from globalization. Angus Deaton

Good People Benefits Everybody India Potential Directly Obviously Globalization Very America China Mean Who Large Large Number Number

Globalization and technical change are the guarantee of our future prosperity. And reversing on that will not only make things worse, but it will make things worse for a very large number of people around the world who have benefitted - people in China and India who have been dragged out of the most awful poverty. Angus Deaton

Future Change People World Prosperity Will Poverty Our Worse Out India Only Most Globalization Make Around Been Reversing Very China China And India Who Large Large Number Technical Awful Things Dragged Number Guarantee

The school in the Yorkshire mining village in which my father grew up in the 1920s and 1930s allowed only a few children to go to high school, and my father was not one of them. He spent much of his time as a young man repairing this deprivation, mostly at night school. Angus Deaton

Time Man School Father Few Young Spent High Mining High School Only Allowed He Mostly Repairing Go His Up Yorkshire Children Grew Which Young Man Them Deprivation Much Village Night

Europeans tend to feel more positively about their governments than do Americans, for whom the failures and unpopularity of their federal, state, and local politicians are a commonplace. Yet Americans' various governments collect taxes and, in return, provide services without which they could not easily live their lives. Angus Deaton

Politicians Live State Local Positively Easily Collect About More Various Tend Could Federal Feel Failures Return Without Provide Governments Than American Which Commonplace Taxes Europeans Whom Lives Services

In Scotland, I was brought up to think of policemen as allies and to ask one for help when I needed it. Angus Deaton

Think Brought Allies Policemen Up Scotland Ask Help Needed

The history of Montana has been of the government giving land grants to people that could not possibly turn it into decent farms. And that's destroying their lives. So they don't see the government as something that's out there to help them. Angus Deaton

The Nobel thing is like dying and going to heaven for a while. It's like being transported to a fairyland. Angus Deaton

Nobel Like Going Heaven Being Dying While Thing

The people who hate immigrants are people who have never met them! Angus Deaton

Hate People Met Immigrants Never Them Who

I didn't care for school much - it was very strict, corporal punishment in the form of the 'tawse' was common and unpredictable, and I was often afraid - but I believe that I did well enough; indeed, my mother always regretted that I had not stayed long enough to become the 'dux,' as the best pupil was called. Angus Deaton

Best School Mother Care Strict Long Become Believe Enough Corporal Indeed Punishment Pupil Unpredictable Stayed Had Well Well Enough Always Very Did Often Common Afraid Form Much Regretted

The educational highlights I remember were not in the classroom. My father spent a lot of time with me when he could. He taught me how to take square roots, a skill I have retained but do not use often, except to check that I still remember. Angus Deaton

I don't think income solely determines health. I think lots of other things determine health. Angus Deaton

Health Think Other Solely Determine Determines Lots Income Things

There's this narrative that is entrenched in some of the professions that there's this mysterious thing called 'socioeconomic status' that is immutably correlated with health. And it isn't. Angus Deaton

Health Status Some Entrenched Mysterious Narrative Professions Thing

You can find episodes like the flu epidemic or war times when mortality rates go up, but sustained increases in mortality for any major group in any society are really quite rare. It's an indication that something is very wrong. Angus Deaton

War You Flu Rare Group Society Increases Find Indication Something Rates Wrong Mortality Major Like Go Up Very Times Any Quite Sustained Epidemic Really Episodes

Quotes by Economists