These Economist quotes offer insights into various economic perspectives and philosophies throughout history. These quotes and sayings reflect various aspects of economics, from its challenges to its importance in understanding human behavior and decision-making.
Famous Economist quotes
- “In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.” – Rudiger Dornbusch
- “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” – Friedrich Hayek
- “The problem with socialism is that you eventually run out of other people’s money.” – Margaret Thatcher
- “Economics is the art of making the necessary enjoyable.” – John Maynard Keynes
- “Inflation is taxation without legislation.” – Milton Friedman
- “Economics is haunted by more fallacies than any other study known to man.” – Henry Hazlitt
- “The real problem of humanity is the following: we have paleolithic emotions, medieval institutions, and god-like technology.” – Edward O. Wilson
- “The market is a process, not a place or a thing, and processes take time.” – Russ Roberts
- “The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Philip Fisher
- “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.” – Adam Smith
- “The greatest shortcoming of the human race is our inability to understand the exponential function.” – Albert Bartlett
- “In the long run, we are all dead.” – John Maynard Keynes
- “The economy depends about as much on economists as the weather does on weather forecasters.” – Jean-Paul Kauffmann
- “The best way to destroy the capitalist system is to debauch the currency.” – Vladimir Lenin
- “Economic progress, in capitalist society, means turmoil.” – Joseph Schumpeter
- “Capitalism is not about buying and selling, it’s about creating and building.” – Peter Drucker
- “Economists have correctly predicted nine of the last five recessions.” – Paul Samuelson
- “Inequality is the defining moral issue of our time.” – Thomas Piketty
- “The only function of economic forecasting is to make astrology look respectable.” – John Kenneth Galbraith
- “Economics is too important to be left to the economists.” – Steve Keen
- “The price of anything is the amount of life you exchange for it.” – Henry David Thoreau
- “The more corrupt the republic, the more laws it has.” – Tacitus
- “The market is like a large movie theater with a small door.” – Nassim Nicholas Taleb
- “It’s not the employer who pays the wages. Employers only handle the money. It’s the customer who pays the wages.” – Henry Ford
- “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” – Charles Darwin
- “The invisible hand of the market always moves faster and better than the heavy hand of government.” – Mitt Romney
- “The best measure of a man’s honesty isn’t his income tax return. It’s the zero adjust on his bathroom scale.” – Arthur C. Clarke
- “The problem with socialism is that it takes up too many evenings.” – Oscar Wilde
- “The first rule of economics is scarcity: there is never enough of anything to fully satisfy all those who want it.” – Thomas Sowell
- “Trade is not about goods. Trade is about information. Goods sit in the warehouse until information moves them.” – C.J. Cherryh
- “The four most dangerous words in investing are: ‘This time it’s different.'” – Sir John Templeton
- “The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” – Ronald Reagan
- “Laissez-faire capitalism is the only social system based on the recognition of individual rights and, therefore, the only system that bans force from social relationships.” – Ayn Rand
- “Economic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power is exercised by means of a negative, by the threat of punishment, injury, imprisonment, destruction.” – Ayn Rand
- “The function of economic forecasting is to make astrology look respectable.” – John Kenneth Galbraith
- “Inflation is the one form of taxation that can be imposed without legislation.” – Milton Friedman
- “The market is a device for getting work done without force.” – Nassim Nicholas Taleb
- “Economists are people who work with numbers but don’t have the personality to be accountants.” – Anonymous
- “Economics is a subject that does not greatly respect one’s wishes.” – Nikita Khrushchev
- “Economic principles are like badgers: dig deep enough and you will find them.” – Russell Taylor
Economist quotes and sayings
- “Economics is the study of how to get the most out of life.” – Alvin E. Roth
- “The problem of economics is how to make the best use of the available resources.” – Lionel Robbins
- “In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.” – John Kenneth Galbraith
- “Economics is a subject that does not greatly respect one’s wishes.” – Nikita Khrushchev
- “Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.” – Tyler Cowen
- “Economics is too important to be left to the economists.” – Steve Keen
- “Economics is the art of making the necessary enjoyable.” – John Maynard Keynes
- “Economics is haunted by more fallacies than any other study known to man.” – Henry Hazlitt
- “Economics is the science of how people make choices in the face of scarcity.” – Gregory Mankiw
- “Economics is not just about money. It’s about understanding the incentives that shape and guide our lives.” – Dan Ariely
- “Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people.” – Paul Samuelson
- “The economy depends about as much on economists as the weather does on weather forecasters.” – Jean-Paul Kauffmann
- “Economics is the only profession in which one can gain great eminence without ever being right.” – Nassim Nicholas Taleb
- “The real measure of our wealth is how much we would be worth if we lost all our money.” – J.H. Brent
- “Economists are people who work with numbers but don’t have the personality to be accountants.” – Anonymous
- “Economics is too important to be left to the experts.” – Steve Forbes
- “Economics is the art of explaining tomorrow why the predictions you made yesterday didn’t come true today.” – L.J. Peter
- “Economics is the only profession where you can gain great repute without being right.” – Nassim Nicholas Taleb
- “Economics is the only field in which two people can get a Nobel Prize for saying exactly the opposite thing.” – Anonymous
- “Economists are pessimists. They’ve predicted nine out of the last five recessions.” – Barry Asmus
- “Economics is not about money; it is about people and choices.” – Martha Nussbaum
- “Economics is not just a game. It is the vital science of our activity. It is the science which every statesman, every businessman, and every housewife should understand and apply.” – Ludwig von Mises
- “Economics is too important to be left to the economists.” – Steve Keen
- “Economics is a subject that does not greatly respect one’s wishes.” – Nikita Khrushchev
- “Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.” – Tyler Cowen
- “The best measure of a man’s honesty isn’t his income tax return. It’s the zero adjust on his bathroom scale.” – Arthur C. Clarke
- “The study of economics does not seem to require any specialized gifts of an unusually high order. Is it not, intellectually regarded, a very easy subject compared with the higher branches of philosophy and pure science? Yet good, or even competent, economists are the rarest of birds.” – John Maynard Keynes
- “The first rule of economics is scarcity: there is never enough of anything to fully satisfy all those who want it.” – Thomas Sowell
- “Economic progress, in capitalist society, means turmoil.” – Joseph Schumpeter
- “The market is a process, not a place or a thing, and processes take time.” – Russ Roberts
Best quotes about Economist
- “Economists are people who work with numbers but who don’t have the personality to be accountants.”
- “An economist is someone who sees something working in practice and wonders if it would work in theory.”
- “Economists are experts at providing answers to questions that nobody has asked.”
- “Economists are the only people who can look at the same set of facts and arrive at opposite conclusions.”
- “Economists use decimals in their forecasts to show they have a sense of humor.”
- “An economist is someone who knows the price of everything and the value of nothing.”
- “Economists are the people who tell you what you should do today based on what they said would happen yesterday.”
- “Economists are the only professionals who can be completely wrong and still keep their jobs.”
- “Economists can predict the future because they know what will happen after it happens.”
- “An economist is a person who, when asked about the future, will always be wrong but never in doubt.”
- “Economists are like weather forecasters: they can predict the future, but their predictions are often wrong.”
- “Economists are the only experts who can make their mistakes in private.”
- “Economists are the people who didn’t have enough personality to become accountants.”
- “An economist is someone who believes that if it works in reality, it must work in theory.”
- “Economists are the only people who can make money by telling you that you’re poor.”
- “Economists are the only people who can make something simple sound complicated.”
- “An economist is someone who can explain tomorrow why the predictions they made yesterday didn’t come true today.”
- “Economists are the people who measure everything and know the value of nothing.”
- “Economists are the only professionals who can’t predict the future but are surprised when it doesn’t happen.”
- “An economist is someone who can look at something working in practice and still believe it won’t work in theory.”
- “Economists are the only people who can tell you what will happen in the future with absolute certainty and be wrong.”
- “An economist is a person who knows all the answers, but if you ask them the same question twice, they give you a different answer.”
- “Economists are the people who can tell you exactly why something happened after it has already happened.”
- “An economist is someone who can explain everything except for why their predictions didn’t come true.”
- “Economists are the only people who can make the future look as uncertain as the past.”
- “An economist is someone who can tell you why you’re broke but can’t help you get rich.”
- “Economists are the only people who can make you feel like you know nothing about something you thought you understood.”
- “An economist is someone who can make something sound more complicated than it really is and then claim to have simplified it.”
- “Economists are the only professionals who can be wrong 99% of the time and still be considered experts.”
- “An economist is someone who believes that if you can’t explain it, it’s not worth knowing.”
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