2214 quotes by economists for you to enjoy

When I became finance minister, they called me Okonjo-Wahala - or 'Trouble Woman.' It means 'I give you hell.' But I don't care what names they call me. I'm a fighter; I'm very focused on what I'm doing, and relentless in what I want to achieve, almost to a fault. If you get in my way, you get kicked. Ngozi Okonjo-Iweala

Finance Me You Woman Fault Achieve Care Trouble Hell Fighter Kicked Way Relentless Focused Minister Give Almost Names Call Became Doing Very Get Want Means

I think that once people understand the great risks that climate change poses, they will naturally want to choose products and services that cause little or no emissions of greenhouse gases, which means 'low-carbon consumption.' This will apply across the board, including electricity, heating, transport and food. Nicholas Stern

Food Great Change Risks People Cause Will Think Once Emissions Consumption Understand Climate Climate Change Greenhouse Greenhouse Gases Heating Want Which Board Little Across Means Choose Naturally Transport Products Electricity Including Services Apply Gases Poses

We run enormous risks and we know what kind of reductions of greenhouse gases are necessary to drastically reduce risks. Reducing emissions by half by 2050 is roughly in the right ballpark. It would bring us below 550 ppm. Nicholas Stern

Meat is a wasteful use of water and creates a lot of greenhouse gases. It puts enormous pressure on the world's resources. A vegetarian diet is better. Nicholas Stern

World Water Better Pressure Enormous Enormous Pressure Resources Vegetarian Puts Lot Greenhouse Greenhouse Gases Diet Creates Use Meat Wasteful Gases

If coal is going to be used, the only response - because it is the dirtiest of all fuels - is that we have to learn how to do carbon capture and storage and we have to learn how to do it quickly on a commercial scale. Nicholas Stern

Scale Response Only Dirtiest Learn Because How Quickly Commercial Going Storage Fuels Coal Used Capture Carbon

The greenhouse effect is something you can observe experimentally - and most people have observed the greenhouse effect themselves, in greenhouses. Yes? Nicholas Stern

You People Something Observe Observed Most Effect Yes Greenhouse Themselves

I've never really had much of a career plan, and interesting opportunities kept cropping up. Nicholas Stern

Opportunities Never Had Up Interesting Plan Much Really Career Kept

If you look at all the serious scientists in the world, there is no big disagreement on the basics of this... it would be absolute lunacy to act as if climate change is not occurring. Nicholas Stern

You Change World Big Would Would-Be Absolute Disagreement Look Climate Climate Change Scientists Act Serious Lunacy Basics

A diet that relies heavily on meat production results in higher emissions than a typical vegetarian diet. Different individuals will make different choices. However, the debate about climate change should not be dumbed down to a single slogan, such as 'give up meat to save the planet.' Nicholas Stern

Change Debate Will Single Down Typical Slogan About Give Emissions Results Higher Vegetarian Individuals Make Climate Climate Change However Up Than Diet Different Planet Choices Should Production Meat Save

My father's generation's crisis was fighting fascism. Ours is fighting climate change. It is much harder because you can't see it, it is not an obvious threat. But the solution is in our hands. Nicholas Stern

You Change Generation Father Fighting Our Crisis Ours Solution Threat See Obvious Because Climate Climate Change Hands Much Fascism Harder

For me, geopolitical issues are becoming more important, because how can you understand economy if you don't understand geopolitics? People think economists just deal with spreadsheets and charts. That's a narrow-minded caricature. Nouriel Roubini

Me You People Important Think Caricature More Charts Economists Economy Because Deal Understand Becoming How Narrow-Minded Geopolitical Issues Just

In an extreme credit crunch, leveraged purchases of gold cause forced sales, because any price correction triggers margin calls. As a result, gold can be very volatile - upward and downward - at the peak of a crisis. Nouriel Roubini

Celebrity has become a burden. There are more demands on your time. People think it is glamorous to fly places. But it is not - even if you travel business class and stay in wonderful hotels, you end 10,000 miles away from home. Nouriel Roubini

Time Home You Travel Class Business People Wonderful Burden Fly Become Think Stay More Glamorous Hotels Demands Time People End Celebrity Places Your Miles Even Away

A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms. Nouriel Roubini

You Financial Wealth Value Three Pay Prices Goods Terms Nor Providing Account Currency May Gold Store Cannot Groceries Means Your Payment Unit Functions Serve Assets Services

What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics. Nouriel Roubini

Market Exuberance Bubbles Lead Failures Like Periods Understand Left Irrational Crashes Themselves Asset Things Two Need

I'm a rock star among geeks, wonks, and nerds. Nouriel Roubini

Nerds Geeks Rock Rock Star Star Among

No country can be complacent in making sure that excessive debt of the household doesn't create excesses and weaknesses in the financial system. Everything is interconnected. Nouriel Roubini

Financial Country Complacent Everything System Financial System Weaknesses No Country Excess Excessive Household Sure Making Debt Interconnected Create

I believe investors should invest for the long run, so I don't buy and sell. I usually maintain the classic index of global equities, diversified U.S. and global and emerging markets, and when the risk is larger, I diminish the amount in global equities and put more into liquid assets - but very irregularly. Nouriel Roubini

Buy Long Believe Markets Diminish Run Classic Emerging Diversified Risk More Invest Long Run Put Investors Maintain Global Sell Very Liquid Should Larger Assets Amount

The organization of the government itself is something which we ought to examine in a more self-conscious way - the Federal Reserve and the Treasury and the Securities and Exchange Commission. The mission that each of them has is mainly economic but should be informed by good organizational practices. Oliver E. Williamson

Government Good Organization Ought Way Securities Examine Something More Economic Federal Exchange Federal Reserve Mainly Self-Conscious Mission Practices Itself Commission Which Informed Them Should Organizational Each Reserve Treasury

My university teacher and mentor Kenneth Arrow remembers me as a student who asked good questions. Although I had not previously thought of myself in that way, on reflection I think that Arrow was right. Oliver E. Williamson

Teaching can be learning, especially if student curiosity with the question 'What's going on here?' can be elicited. Oliver E. Williamson

Learning Student Question Curiosity Going Teaching Here

Quotes by Economists