2214 quotes by economists for you to enjoy

The trends that are shaping the twenty-first-century world embody both promise and peril. Globalization, for example, has lifted hundreds of millions of people out of poverty while contributing to social fragmentation and a massive increase in inequality, not to mention serious environmental damage. Klaus Schwab

Environmental People World Example Poverty Increase Fragmentation Trends Hundreds Out Promise Embody Both Mention Lifted Shaping For Example Peril Massive Globalization Inequality Contributing While Social Serious Millions Damage Millions Of People

An overwhelming number of economists, international civil servants, and policy-makers argue that a fragmentation of the Eurozone would cause a new depression and massive wealth destruction around the world. It would also end the period of economic integration that has characterized world politics since the end of the Cold War. Klaus Schwab

Politics Depression War World Destruction Wealth Cause Overwhelming Cold Fragmentation Cold War Characterized Would Civil Civil Servants Economic Argue Since New Economists Massive Period Also Around Integration End International Eurozone Servants World Politics Number

The concept of corporate social responsibility (CSR) has long been used as an effective lens through which to examine the actions business can take toward ensuring mutual long-term well-being and sustainability. Klaus Schwab

Business Responsibility Long Corporate Ensuring Mutual Examine Through Take Toward Long-Term Concept Well-Being Been Effective Sustainability Which Social Lens Used Social Responsibility Actions

We are now living in a completely digitalized world and a completely globalized world, so we have to find some new mechanisms and values to deal with this post-digitalized and post-globalized world. Klaus Schwab

World Values Living Find Some New Deal Mechanisms Now

For all the opportunities that arise from the Fourth Industrial Revolution - and there are many - it does not come without risks. Perhaps one of the greatest is that the changes will exacerbate inequalities. And as we all know, a more unequal world is a less stable one. Klaus Schwab

Risks World Opportunities Will Revolution Changes Exacerbate More Arise Come Perhaps Know Industrial Industrial Revolution Without Inequalities Greatest Does Unequal Stable Less Many Fourth

I am an enthusiastic European, and my first-hand experience of war and hatred has strengthened that conviction. I have seen how misguided unilateral nationalistic identities have brought destruction and death. I am, however, a world citizen, too. Klaus Schwab

Death War Experience World Destruction Citizen Hatred Seen Conviction Too Enthusiastic Brought Misguided Identities First-Hand How Am However Nationalistic Unilateral European Strengthened

As the novelty of wearable tech gives way to necessity - and, later, as wearable tech becomes embedded tech - will we be deprived of the chance to pause, reflect, and engage in meaningful, substantive conversations? How will our inner lives and ties to those around us change? Klaus Schwab

Change Will Reflect Our Later Way Those Embedded Gives Ties Around Becomes How Substantive Conversations Deprived Pause Meaningful Us Engage Novelty Tech Lives Inner Necessity Chance

As the physical, digital, and biological worlds continue to converge, new technologies and platforms will increasingly enable citizens to engage with governments, voice their opinions, coordinate their efforts, and even circumvent the supervision of public authorities. Klaus Schwab

Digital Will Increasingly Worlds Citizens Physical Voice Supervision New Enable Opinions Continue Governments Authorities Efforts New Technologies Converge Public Engage Even Platforms Coordinate Biological Technologies

Receiving an economic boost from the digital era is not a luxury - it is essential to ensuring that Europe continues to grow and deliver levels of prosperity that meet the rising expectations of its citizens. Klaus Schwab

Prosperity Luxury Digital Meet Ensuring Boost Citizens Rising Economic Deliver Era Expectations Essential Europe Grow Levels Receiving

I do not deny my German identity. But I also feel Swiss. Of my eight great-grandparents, seven were born Swiss. I have been living in Switzerland for more than 50 years. Klaus Schwab

Living Seven Born More Feel Also Identity Were Been Years German Deny Than Eight Swiss Switzerland

Sometimes, if a country's currency is overvalued in real terms, and it looks like the current account is going to be in deficit for the foreseeable future, devaluation can make sense. Klaus Schwab

Future Sometimes Country Sense Deficit Like Terms Looks Make Real Foreseeable Foreseeable Future Account Currency Current Going

For many years prior to the 1990s, European integration was embraced and supported by a large majority of citizens. A united Europe, bound by commonly-held democratic values, was perceived as an essential and effective buffer against the Soviet empire. A united Europe made a repeat of the First and Second World Wars almost unthinkable. Klaus Schwab

World Values Made First Citizens Embraced Perceived Almost Supported Bound Empire Unthinkable Democratic Buffer Majority Prior Repeat Years Integration Effective Soviet Essential Against Europe Wars European Large Many United Second World Wars

When you can't cope with change, you feel overwhelmed, and you look for a simple solution. Klaus Schwab

You Change Simple Solution Feel Look Overwhelmed Cope

Just because you're passionately interested in something doesn't mean it has to be your career. You might have to look for more than one passion. Some passions may afford a career and some may not. Larry Smith

You Passion Some Something More Look Because Passionately Passions Than Afford May Just Just Because Interested Mean Might Your Career

Find and use your passion, and you'll have a great career. Don't do it, you won't. It's as simple as that. Larry Smith

Great You Simple Passion Great Career Find Use Your Career

I work on the boundary between economics and statistics in this field called econometrics. Part of my interest is understanding how you use statistics in productive ways to analyze dynamic economic models. Lars Peter Hansen

Work You Economics Understanding Field Analyze Ways Statistics Economic Part Between Boundary How Models Dynamic Interest Use Productive

I think the understanding of the role of markets has really helped advance the values of entrepreneurship. It's helped shape public policy discussions in a whole variety of ways. Lars Peter Hansen

Values Understanding Think Markets Ways Variety Entrepreneurship Shape Advance Policy Role Discussions Public Really Public Policy Helped Whole

If you simply announce that things are irrational, then that alone doesn't get you very far. You have to replace rational agents with some concrete notion of what it means to be irrational. Lars Peter Hansen

Alone You Some Rational Simply Announce Concrete Replace Very Get Irrational Far Then Agents Means Notion Things

Early on, in discussions of financial oversight, people would say, 'Well, this is a very complicated problem, therefore it requires a complicated solution.' And at that step, I would say, 'Well, wait a minute. Just because it's a complicated problem doesn't mean the best course of action immediately is one that's complicated.' Lars Peter Hansen

Best People Problem Financial Complicated Wait Action Say Immediately Would Solution Minute Step Well Course Because Oversight Very Discussions Just Just Because Mean Requires Therefore Early

A lot of my colleagues have been people with broad interests in economics, not just narrowly focused interests. Lars Peter Hansen

People Economics Broad Focused Colleagues Narrowly Been Lot Just Interests

Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career. Lawrence R. Klein

Depression Time Great Experience Great Depression Impact Although Intellectual Up Professional Professional Career Growing Growing Up Aware Profound Profound Impact Career

The completion of my undergraduate training at the University of California (Berkeley) provided just the needed touches of rigor at advanced levels in both economics and mathematics. Lawrence R. Klein

Mathematics Training Economics Completion Berkeley Rigor Both Advanced Undergraduate California Provided Just Levels Needed University University Of California

My early education was in the public school system of Omaha, where, retrospectively, I realize that my high school training served me in good stead for the basic subjects of mathematics, English, foreign languages and history. Lawrence R. Klein

Education Mathematics Good Me History Training School System High High School Stead School System Foreign Foreign Languages Subjects Where Public Realize Languages English Public School Served Basic Early Omaha

The funds from the sale were put into research and general teaching budgets at the university. Wharton Econometric Forecasting Associates, Inc., is now a growing enterprise with many model and other econometric facilities. Lawrence R. Klein

Research Other Enterprise General Facilities Put Budgets Forecasting Were Sale Model Teaching Many Growing Now Funds Associates University

Quotes by Economists