2214 quotes by economists for you to enjoy

Good household decision-making often relies on thinking about your household like a firm. Emily Oster

Good Thinking About Firm Like Household Often Decision-Making Your

Economists typically think that your happiness goes up as you get more money, but the more you have, the less each additional dollar matters. This means that you value money most in times when you have less income and more expenses. Emily Oster

Talking to women about birth can be polarizing. Emily Oster

Women Birth About Polarizing Talking

Every time you have a carrot instead of a cookie, every time you go to the gym instead of going to the movies, that's a costly investment in your health. But how much you want to invest is going to depend on how much longer you expect to live in the future, even if you don't make those investments. Emily Oster

Future Time Health You Depend Live Every Every Time Those Carrot Costly Gym Invest Investment Investments Instead Longer Make How How Much Go Expect Going Want Movies Much Your Cookie Even

Young women who live in areas with high maternal mortality change their behavior less in response to HIV than young women who live in areas with low maternal mortality. Emily Oster

Change Women Behavior Young Live Response High Area Mortality Maternal Than HIV Low Young Women Less Who

Even though it is the case that poverty is linked to AIDS, in the sense that Africa is poor and they have a lot of AIDS, it's not necessarily the case that improving poverty - at least in the short run, that improving exports and improving development - it's not necessarily the case that that's going to lead to a decline in HIV prevalence. Emily Oster

When I meet people on airplanes and they find out I'm an economist, they usually ask about stock tips. Emily Oster

People Meet Airplane Out Find About Economist Stock Tips Ask

One of the big take-aways from a lot of economic theory is that people should engage in consumption smoothing. Emily Oster

People Big Economic Consumption Economic Theory Lot Should Engage Theory

I am extremely devoted to Amazon Prime - which offers speedier free deliveries, free movie streaming and other benefits for an annual fee - but I don't think it is great for groceries. Emily Oster

Great Benefits Free Think Other Extremely Fee Prime Annual Devoted Am Amazon Offers Movie Which Groceries Streaming

There is universal consensus among experts that the earth's atmosphere is heating up - and that we are responsible for it by putting carbon dioxide in the atmosphere. We also know that the consequences of global warming are catastrophic. But how do we make sure that all countries reduce greenhouse gases? Eric Maskin

Consequences Earth Responsible Atmosphere Catastrophic Putting Countries Global Know Also Global Warming Make Sure How Reduce Up Greenhouse Greenhouse Gases Heating Experts Warming Carbon Among Carbon Dioxide Universal Consensus Gases

Of course, MIT was notable not just for its faculty but also for its students. And, facing such extremely bright kids as a rookie teacher was something like being thrown to the wolves. Eric Maskin

Teacher Extremely Kids Something Facing Thrown Students Faculty Like Also Course MIT Wolves Just Being Notable Rookie Bright

I like to work on a number of things simultaneously. If you're working on a variety of projects and if you get stuck on one of them, you can move to another without grinding your gears indefinitely. Eric Maskin

Work You Projects Indefinitely Gears Variety Stuck Simultaneously Like Another Without Get Move Them Grinding Working Your Things Number

At Tenafly High, I was lucky to have some dedicated teachers; I'm especially indebted to my calculus instructor, Francis Piersa, who opened my eyes to the striking beauty of mathematics. Eric Maskin

Mathematics Eyes Beauty Indebted Striking Francis High Some Opened Calculus Instructor Teachers Dedicated Who Lucky

I probably learned most at MIT by teaching and working with Peter Diamond, who acted like a big brother to me during my time in the department. Eric Maskin

Time Me Big Diamond Brother My Time Like Most Learned Big Brother MIT Department Working Acted Teaching Who Peter

The theory of mechanism design can be thought of as the 'engineering' side of economic theory. Eric Maskin

Thought Engineering Design Side Economic Economic Theory Theory Mechanism

Because mechanism designers do not generally know which outcomes are optimal in advance, they have to proceed more indirectly than simply prescribing outcomes by fiat; in particular, the mechanisms designed must generate the information needed as they are executed. Eric Maskin

Must Outcomes More Indirectly Generally Generate Advance Simply Particular Know Executed Because Optimal Than Fiat Proceed Information Which Mechanism Mechanisms Prescribing Designed Designers Needed

I think I have met nearly all the Laureates in Economics. Among the few I haven't met, I suppose I'd most like to meet Ronald Coase because of his legendary power to persuade his colleagues of the validity of the Coase Theorem. Eric Maskin

Power Economics Met Few Think Meet Validity Colleagues Laureate Suppose Like Most Because His Legendary Persuade Theorem Among Nearly

I choose questions to work on according to how much they excite me. Eric Maskin

Work Me Excite How How Much Questions According Much Choose

Prediction is certainly a valuable goal in science, but not the only one. Explanation is also important, and there are plenty of sciences that do a lot of explaining and not much predicting. Eric Maskin

Science Valuable Important Plenty Only Also Sciences Goal Lot Predicting Prediction Explaining Explanation Much Certainly

I don't want to make public statements about issues that I have not studied in detail. Eric Maskin

Statements Detail About Studied Make Issues Want Public Public Statements

If banks anticipate government will come to the rescue should the credit market go badly awry, they may make loans that would otherwise be imprudent, e.g. subprime loans with little prospect of repayment. Eric Maskin

Quotes by Economists