100 Economists Quotes for You to Enjoy

Economics is extremely useful as a form of employment for economists. John Kenneth Galbraith

Economics Extremely Economists Employment Form Useful

If all the economists were laid end to end, they'd never reach a conclusion. George Bernard Shaw

Never Economists Reach Conclusion Were End Laid

Everything is possible, from angels to demons to economists and politicians. Paulo Coelho

Politicians Everything Possible Angels Economists Demons

But the age of chivalry is gone. That of sophisters, economists, and calculators has succeeded; and the glory of Europe is extinguished forever. Edmund Burke

Age Gone Economists Glory Forever Succeeded Chivalry Europe Extinguished

The reality is that we are all economists. We all deal with scarcity as we make choices and calculate how to ration various items and resources that we consume, produce and utilize. Kurt Bills

Reality Resources Scarcity Various Ration Consume Calculate Economists Make Deal How Items Produce Choices Utilize

Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis. Michael Bloomberg

You Spending Spending Cuts Markets Paralysis Borrowing Above Leads New Economists Well Democrats New Taxes Any Wanting Public Republicans Taxes Cuts

Markets work well with goods that economists call private goods. Eric Maskin

Work Markets Economists Goods Well Call Private

President Trump sees the world in transactional and zero-sum terms - if something is good for China, it must be bad for the U.S. By contrast, economists see the world in much more nuanced ways: if globalization is well-managed, it can be a positive-sum game, where both the U.S. and China gain; if it is badly managed, it can be negative-sum. Joseph Stiglitz

Good Game World President President Trump Ways Bad Must See Something More Sees Both Badly Economists Terms Globalization Trump Contrast Where Gain China Much Zero-Sum

Researchers may like to think that, given all the facts, we make rational choices. Ask economists how that assumption works out for them. No, we are emotional creatures who use value-based reasoning in conjunction with our rationality. Kyle Hill

Think Assumption Our Out All The Facts Given Rational Rationality Emotional Facts Economists Like Make How May Them Ask Choices Use Conjunction Researchers Who Reasoning Works Creatures

Health economists have estimated that an injection of $250 million per year in Indigenous clinical care, and $50 million in preventative care, is required to provide services at the same level as for any other group with the health conditions of Indigenous Australians. Malcolm Fraser

Economists are coming to acknowledge that measures of national wealth and poverty in terms strictly of average income tell you little that is significant of the health or viability of a society. Rowan Williams

Health You Wealth Poverty National Society Strictly Tell Significant Economists Terms Coming Viability Acknowledge Little Average Measures Income

Perhaps concentrated wealth will inspire a nation of innovative problem-solvers. But if the view of many economists is right - that it sometimes discourages innovation - then we should worry. Adam Davidson

Innovation Wealth Sometimes Inspire Will Nation Innovative Worry Economists Concentrated Perhaps Then Should View Many Right

A lot of people are surprised economists are assisting with kidney exchanges. Exchanges are what economists are good at. Alvin E. Roth

Good People Kidney Exchanges Economists Surprised Lot Assisting

In the 1970s, as historians became enchanted with microhistories, economists were expanding the reach of their discipline. Nations, states and cities began to plan for the future by consulting with economists whose prognostications were shaped by investment cycles rather than historical ones. Annalee Newitz

As economists have often pointed out, we pay doctors for quantity, not quality. As they point out less often, we also pay them as individuals, rather than as members of a team working together for their patients. Both practices have made for serious problems. Atul Gawande

Working Together Together Quality Problems Made Doctors Pay Members Out Rather Both Point Pointed Individuals Economists Also Practices Quantity Than Often Patients Them Working Less Team Serious