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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
#Economists
If there is one thing that most economists agree about in the realm of tax policy, it is that it's best to broaden the base of any tax, all else being equal. That means minimizing the number of deductions and exclusions from taxable income in order to lower marginal rates and reduce distortions.
- Richard Thaler
#Economists
'Fun money' is another thing that makes no sense to traditional economists. Because there's just money; there's no 'fun money.' It's all supposed to be the same.
- Richard Thaler
#Economists
The Communists were interested in getting into key positions as union officers, statisticians, economists, etc., in order to utilize the apparatus of the unions to promote the cause of revolution.
- John T. Flynn
#Economists
A lot of people are surprised economists are assisting with kidney exchanges. Exchanges are what economists are good at.
- Alvin E. Roth
#Economists
Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can.
- Tim Harford
#Economists
Mr. Trump has said he strongly supports immediate expensing of capital expenditures, which many economists agree would encourage growth.
- James B. Stewart
#Economists
To economists, prices serve as crucial signals to producers and consumers. In a regulated market, the state sets prices high enough for private companies to cover their costs and earn a guaranteed profit for their investors. But in a deregulated market, prices should vary with demand and supply.
- Alex Berenson
#Economists
I'd like to put together a think tank of people - economists, futurists, city planners, a few department-store people - to discuss reinventing the department store.
- Stanley Marcus
#Economists
If all the economists in the world were laid end to end, it wouldn't be a bad thing.
- Peter Lynch
#Economists
I am often considered almost not a part of the profession of Establishment economists. I am even referred to as a sociologist. And by that, economists usually do not mean anything flattering.
- Gunnar Myrdal
#Economists
When better business decisions are made, economists won't make them.
- Herbert V. Prochnow
#Economists
Question: Why does anyone bother to listen to economists anymore? The profession has become an embarrassment, and the most respected economists have shown themselves to have as much predictive power as a deck of tarot cards.
- Stephen Moore
#Economists
Happiness quantification sounds a bit wishy-washy, sure, and through a series of carefully administered surveys across the globe, economists and psychologists have certainly confronted a fair number of sticky issues around how to measure, and even define, happiness.
- Adam Davidson
#Economists
When you cover the economy as a reporter, there's one part of the job that is always easy: finding economists who disagree.
- Adam Davidson
#Economists
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
#Economists
People confuse economists and economic policy.
- Franco Modigliani
#Economists
As a general rule, the United States government is run by lawyers who occasionally take advice from economists. Others interested in helping the lawyers out need not apply.
- Richard Thaler
#Economists
More than any other issue, economists have kind of been boosters for trade.
- David Autor
#Economists
After preliminary work by a number of other distinguished mathematicians and economists, game theory as a systematic theory started with von Neumann and Morgenstern's book, 'Theory of Games and Economic Behavior,' published in 1944.
- John Harsanyi
#Economists
During the two centuries since the publication of 'The Wealth of Nations,' the main activity of economists, it seems to me, has been to fill the gaps in Adam Smith's system, to correct his errors and to make his analysis vastly more exact.
- Ronald Coase
#Economists
Economists report that a college education adds many thousands of dollars to a man's lifetime income - which he then spends sending his son to college.
- Bill Vaughan
#Economists
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
- John Maynard Keynes
#Economists
I'm not an economist and we all know economists were created to make weather forecasters look good.
- Rupert Murdoch
#Economists
Economists create their own worlds. We're like little gods with our artificial economics, wanting to see what happens.
- Edward C. Prescott
#Economists
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
#Economists
Economics is extremely useful as a form of employment for economists.
- John Kenneth Galbraith
#Economists
If all the economists were laid end to end, they'd never reach a conclusion.
- George Bernard Shaw
#Economists
You and I come by road or rail, but economists travel on infrastructure.
- Margaret Thatcher
#Economists
Ask five economists and you'll get five different answers - six if one went to Harvard.
- Edgar Fiedler
#Economists
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