2214 quotes by economists for you to enjoy

The social sciences, I thought, needed the same kind of rigor and the same mathematical underpinnings that had made the 'hard' sciences so brilliantly successful. Herbert A. Simon

Thought Made Kind Rigor Had Sciences Mathematical Same Social Successful Hard Social Sciences Brilliantly Needed

Human beings, viewed as behaving systems, are quite simple. The apparent complexity of our behavior over time is largely a reflection of the complexity of the environment in which we find ourselves. Herbert A. Simon

Most of us really aren't horribly unique. There are 6 billion of us. Put 'em all in one room and very few would stand out as individuals. So maybe we ought to think of worth in terms of our ability to get along as a part of nature, rather than being the lords over nature. Herbert A. Simon

Nature Worth Few Think Ought Our Out Would Ability Horribly Rather Part Put Individuals Over Along Most Terms Lords Very Than Get Maybe Being Room Us Really Stand Billion Unique

I tried to develop some theories that took account of the uncertainty in the world and the complexity in the world. Herbert A. Simon

World Took Complexity Tried Some Uncertainty Develop Account Theories

In the computer field, the moment of truth is a running program; all else is prophecy. Herbert A. Simon

Truth Truth Is Field Else Running Prophecy Computer Moment Program

Forget about Nobel prizes; they aren't really very important. Herbert A. Simon

Important About Nobel Very Prizes Forget Really

I don't care how big and fast computers are, they're not as big and fast as the world. Herbert A. Simon

World Care Big Computers How dont Care Fast

The proper study of mankind is the science of design. Herbert A. Simon

Science Design Proper Proper Study Study Mankind

I was born in Milwaukee, Wisconsin, on June 15, 1916. My father, an electrical engineer, had come to the United States in 1903 after earning his engineering diploma at the Technische Hochschule of Darmstadt, Germany. Herbert A. Simon

Engineer Father Engineering Earning States Diploma Born Had Wisconsin Come His Germany June After Electrical United United States Milwaukee

Whereas economic man maximises, selects the best alternative from among all those available to him, his cousin, administrative man, satisfices, looks for a course of action that is satisfactory or 'good enough'. Herbert A. Simon

Best Good Man Action Enough Those Administrative Economic Looks Him Alternative Course Cousin His Whereas Available Satisfactory Among

I like to think that since I was about 19, I have studied human decision-making and problem-solving. Herbert A. Simon

Think About Studied Since Like Human Problem-Solving Decision-Making

When computers came along, I felt for the first time that I had the proper tools for the kind of theoretical work I wanted to do. So I moved over to that, and that got me into psychology. Herbert A. Simon

Work Time Me First Tools Kind Proper Computers Had Over Along Felt First Time Got Came Moved Wanted Psychology Theoretical

I started off thinking that maybe the social sciences ought to have the kinds of mathematics that the natural sciences had. That works a little bit in economics because they talk about costs, prices and quantities of goods. Herbert A. Simon

Mathematics Natural Economics Thinking Ought Bit Kinds About Costs Prices Had Goods Talk Because Quantities Sciences Off Maybe Little Social Little Bit Natural Sciences Social Sciences Works Started

In arguing that machines think, we are in the same fix as Darwin when he argued that man shares common ancestors with monkeys, or Galileo when he argued that the Earth spins on its axis. Herbert A. Simon

Man Think Earth Ancestors Machines Darwin Argued Arguing He Shares Fix Same Common Galileo Monkeys Axis

Growth is widely thought to be the panacea for all the major economic ills of the modern world. Herman Daly

World Thought Economic Major Modern Modern World Ills Growth Widely Panacea

Wherever my work may take me in the near future even if you should see me one day within the fortress - you can always count on me as your reliable assistant. Hjalmar Schacht

The Jews must realize that their influence in Germany has disappeared for all time. Hjalmar Schacht

Time Jews Must All-Time Disappeared Germany Influence Realize

The economy is a very sensitive organism. Hjalmar Schacht

Finance Economy Very Sensitive Organism

The aim and the idea of the Four Year Plan were and remain entirely correct and necessary! Hjalmar Schacht

Year Aim Correct Entirely Remain Idea Were Plan Four Necessary

Quotes by Economists