Quotes by Economists

A chair's function is not just to provide a place to sit; it is to provide a medium for self-expression. Chairs are about status, for example. Or signalling something about oneself. That's why the words chair, seat and bench have found themselves used to describe high status professions, from academia to Parliament to the law. Evan Davis
Words Law Example Sit Bench Medium High Status About Oneself Something Parliament Academia For Example Self-Expression Provide Just Place Themselves Used Describe Chair Function Chairs Found Professions Why Seat
The new industries are brainy industries and so-called knowledge workers tend to like to be near other people who are the same. Think of the City of Hollywood. People cluster. This means you have winning regions, such as London and Cambridge, and losing regions. The people who want to be top lawyers in Sunderland are hoovered up by London. Evan Davis
Knowledge You People Losing Brainy Think Other Top City London Lawyers Winning Tend New Like Industries Cambridge Up Same So-Called Want Regions Cluster Hollywood Hollywood People Workers Means Who Near
But sometimes it's good to dare yourself to do the unthinkable. And rather than stand in front of an audience with no clothes on, I decided to have a go at stand-up comedy. Evan Davis
Good Yourself Sometimes Comedy Clothes Dare Rather Unthinkable Audience Go Than Front Decided Stand Stand-Up Comedy
We all know that Americans love their statistics - in sport, obviously. And in finance too. Evan Davis
Love Finance Too Statistics Know Sport Obviously American
Reducing every issue to an argument can become stale but it's often a very good way of clarifying issues. Evan Davis
Good Argument Become Every Way Good Way Reducing Issue Issues Very Often Stale
What comes with a job as a staff member of the BBC is a certain self-censoring that you get utterly used to. You don't say everything you think. You hold back on some things. Evan Davis
You Job Think Back Everything Say Member Some Some Things Get Staff Hold Certain Used Things Utterly
Mistakes are nothing to be ashamed of. Evan Davis
Mistakes Nothing Ashamed
It doesn't annoy me but I think of myself as a presenter who is gay, rather than a gay presenter. It's a subtle distinction, but that's how I view it. Evan Davis
Myself Me Gay Think Distinction Rather Annoy How Than Subtle View Who Presenter
The Germans are clear about what they do - cars and machine tools; the Japanese are clear about what they do - electronics; the Chinese are clear about what they do - they're the workshop of the world. Evan Davis
World Car Tools Machine About Clear Germans Chinese Japanese Workshop Electronics
For me, the main principle for broadcasters has to be that if people stand to benefit from an interview, they should be prepared to face some downside as well. Evan Davis
Me People Face Interview Benefit Broadcasters Be Prepared Some Main Well Principle Should Stand Prepared Downside
At the BBC we've had plenty of women in good management jobs. It comes and goes but there's been plenty. On air, I think there's quite a bit more we can do. Evan Davis
Good Women Management Think Air Bit Plenty Jobs More Had Been Goes Quite Quite A Bit
Personally, I'd like us to have a few more women on the 'Today' programme. Evan Davis
Today Women Few More Like Personally Us Programme
Historically, the British have always been rather wary of grand engineering projects - perhaps understandably, given that many of them have been delivered late and over budget. Evan Davis
Engineering Late Projects Rather Given Delivered Over Budget Perhaps Always Been Historically Grand Them Many Wary British
The two questions that anyone ever asks me are: 'Are house prices going to go down?' and 'Is it a good time to fix my mortgage rate?' Evan Davis
Time Good Me Good Time Down Rate Prices Mortgage House Go Questions Fix Going Anyone Ask Ever Two
What is so striking about Liberia is that in a place where there is so much to be done, I have never seen so many people with nothing to do. Evan Davis
People Seen Nothing Striking About Never Done So Many People Where Place Much Many
Interestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it's called, on the cusp of economics and psychology. Evan Davis
Economics Topic Hot Irrationality Behavioural Human Psychology Cusp Interestingly Moment
Some people harbour an awkward clash of feelings - homosexual attraction on the one hand and shame or embarrassment about that attraction on the other. It is well known that the mind struggles to sustain conflicting views. Evan Davis
People Mind Some People Feelings Other Embarrassment Clash Some About Struggles Shame Attraction Well Well Known Known Hand Sustain Conflicting Harbour Views Awkward Homosexual
Even the 'Today' programme involves a balance between the worthy-but-heavy items with the worthless-but-entertainingly-light ones. Evan Davis
Today Balance Between Involves Items Even Programme
Being funny, it turns out, is like being a bank. It's a confidence trick. As long as everyone believes in you, you are fine. Evan Davis
Funny You Confidence Long Everyone Out Trick Fine Like Bank Being Being Funny Turns Believes
The fact that radio is so hopeless at delivering data makes it an uncluttered medium, offering the basic story without the detailed trappings. But it does mean that if data is important, radio is probably not your place. Evan Davis
Hopeless Important Medium Detailed Data Fact Delivering Without Makes Does Offering Story Place Mean Your Radio Trappings Basic
As it happens, I have personally been something of an enthusiast for the London Olympic games, mainly on the grounds a) that a bit of wasteland will be made nice and b) that it tends to make everybody happy that their country should be the centre of world attention for a couple of weeks in their life. Evan Davis
Life Happy World Will Made Country Nice Everybody Bit Enthusiast London Something Weeks Tends Mainly Attention Couple Make Been Happens Centre Personally Should Games Grounds Olympic Olympic Games
Art can help a town by attracting a certain Bohemian population that adds life to the bars, character to the streets and a buzz to the name. Employers may then follow. But art can't do much if every town does it. There aren't enough Bohemians. Evan Davis
Life Art Character Every Enough Adds Follow Name Town Attracting Employers Does May Then Much Certain Help Bohemian Bars Population Streets Buzz
I rarely come away from presenting the 'Today' programme without some sense of regret. There is always some question that I should have asked, or some point that I should have made. This is annoying but not surprising. Perfection is hard to achieve in a three-hour live programme. Evan Davis
Today Regret Achieve Made Sense Live Rarely Some Point Perfection Come Annoying Without Always Surprising Question Asked Should Hard Away Presenting Programme
Even though disciplined sleeping habits and the adrenalin of live radio ensures that we are very awake while on duty, there is evidence of a phenomenon called circadian desynchronosis which causes one's brain to function slowly at those times of day when it thinks it should be asleep, regardless how wide awake the body is. Evan Davis
Day Duty Live Sleeping Evidence Those Though Slowly Adrenalin Habits Disciplined How Causes Brain Very Times Regardless Which While Asleep Should Body Radio Awake Even Function Wide Wide Awake Thinks Phenomenon
It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion. Evan Davis
Too Much Too Relation Scale Borrow Borrowing Tempting Potential No Wonder Operations Reducing Effect Up Effectiveness Wonder Bank Banks Cushion Lend Lending Capital Much Profitable
In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade. Evan Davis
Business Matter Three Spending Components Only Consumer Main Investment Principle Policy Trade Much Exports Monetary Monetary Policy
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