2214 quotes by economists for you to enjoy

Some kids win the lottery at birth; far too many don't - and most people have a hard time catching up over the rest of their lives. Children raised in disadvantaged environments are not only much less likely to succeed in school or in society, but they are also much less likely to be healthy adults. James Heckman

Time People Win School Rest Healthy Society Too Birth Kids Some Only Adult Disadvantaged Catching Over Environments Most Likely Also Lottery Up Children Succeed Far Much Hard Less Many Hard Time Lives Raised

Early intervention programs enrich adverse family environments. The largest effects of the early intervention programs are on noncognitive traits. Now, what do I mean by that? I mean perseverance, motivation, self-esteem, and hard work. James Heckman

Work Hard Work Family Perseverance Programs Intervention Enrich Environments Adverse Self-Esteem Motivation Effects Traits Mean Hard Now Largest Early

For a variety of reasons, I have always felt myself an outsider. I don't know how to classify myself in economics. I am a loner. I do not like groupthink, which, if anything, has become more important in economics. In addition, a lot of the values I hold are not the mainstream values in the profession. James Heckman

Myself Values Economics Important Become Addition Loner Classify More Variety Outsider Mainstream Like Know Felt Always How Am Lot Hold Anything Which Reasons Profession

We can change who we are. We can improve ourselves in various ways, and we can give ourselves possibilities. James Heckman

Change Ways Possibilities Ourselves Give Various Improve Who

You have kids growing up in some of the worst circumstances financially, living in some of the worst ghettos, and they succeed. They succeed because an adult figure, typically a mother, maybe a grandmother, nourishes the kid, supports the kid, protects the kid, encourages the kid to succeed. It's as if the environment never happened. James Heckman

You Mother Living Kid Worst Circumstances Kids Financially Some Adult Never Environment Supports Protects Because Encourages Up Maybe Happened Succeed Grandmother Figure Nourishes Growing Growing Up

Cognitive and character skills work together as dynamic complements; they are inseparable. Skills beget skills. More motivated children learn more. Those who are more informed usually make wiser decisions. James Heckman

Work Character Together Those Inseparable More Wiser Make Learn Motivated Children Dynamic Informed Decisions Work Together Skills Who Cognitive

I think race is very important. I think generally speaking, we've to face the general problem, which is that we are seeing more children coming out of families which simply don't give them adequate resources for their development. James Heckman

I remember that, one day, I was visiting one training center in the 1990s that was teaching people how to fix Volkswagen engines from the 1960s, which were no longer sold. So you were training people on a skill that had zero value. The reason is that they hadn't received any new equipment in 20 years. James Heckman

Day You People Training Remember Value Sold One Day Visiting Had Longer New Equipment How Were Years Fix Any Center Which Skill Teaching Engines Reason Zero Received

There's no question that we have great value on the sanctity of the family, and there are a lot of competing visions about exactly how we teach a set of values and we teach skills to our children, especially in the early years when they're really forming their personalities, their personas, really. James Heckman

Great Family Value Values Sanctity Early Years Our Visions Exactly About No Question Great Value How Years Question Lot Children Forming Personalities Really Skills Teach Competing Early Set

In 1987, the United States celebrates the bicentennial anniversary of the constitutional convention that provided the basic rules for the American political order. This convention was one of the very few historical examples in which political rules were deliberately chosen. James M. Buchanan

Margaret had close links with Geneva where she had spent some years as a student while her parents had been wardens of the Quaker Hostel there and where she had gone back as secretary to Gilbert Murray. James Meade

The frontiers of knowledge in the various fields of our subject are expanding at such a rate that, work as hard as one can, one finds oneself further and further away from an understanding of the whole. James Meade

Work Knowledge Understanding Our Further Finds Oneself Rate Various Subject Expanding Frontiers Fields Hard Whole Away

Second, there were the discussions and drafts leading up to the White Paper on Employment Policy of 1944 in which the UK government accepted the maintenance of employment as an obligation of governmental policy. James Meade

Government Obligation White Paper UK Leading Maintenance Employment Policy Accepted Were Up Discussions Which Second Drafts

In the 1930s one was aware of two great evils - mass unemployment and the threat of war. James Meade

War Great Evils Threat Mass Unemployment Aware Two

From 1931 to 1937, I was a Fellow and Lecturer in Economics at Hertford College, Oxford. James Meade

College Economics Fellow Lecturer Oxford

I think, in effect, in most of the European countries, the total marginal tax rate is over 50 percent; that's to say, add on other taxes like VAT to the income tax. James Mirrlees

Encourage your own curiosity; pursue the problems based on that. Don't get diverted by trying to do things for your own advancement. In other words, don't be lured into responding to incentives. James Mirrlees

Words Problems Own Other Responding Diverted Pursue Advancement Encourage Curiosity Get Trying In Other Words Your Incentives Based Things Lured

Encourage your own curiosity; pursue the problems based on that. James Mirrlees

Problems Own Pursue Encourage Curiosity Your Based

When things begin to go bad, the perception of people makes it worse. James Mirrlees

People Perception Worse Bad Makes Go Begin Things

From 1966 to 1970 I served as Chairman of the New Haven City Plan Commission. James Tobin

City Haven New Commission Plan Chairman Served

I studied economics and made it my career for two reasons. The subject was and is intellectually fascinating and challenging, particularly to someone with taste and talent for theoretical reasoning and quantitative analysis. James Tobin

Made Economics Analysis Someone Studied Talent Particularly Quantitative Subject Intellectually Taste Theoretical Reasoning Reasons Fascinating Challenging Career Two

Quotes by Economists