While I am interested both in economics and in philosophy, the union of my interests in the two fields far exceeds their intersection. – Amartya Sen
Narrative drives most of economics. Everything seems to be part of a story, and how that story is told often leads to critical error. – Barry Ritholtz
In a paper called ‘The Economics of Matching: Stability and Incentives,’ I showed that there were not any mechanisms that would always both produce a stable matching and make it completely safe for all firms and workers to reveal their true preferences. – Alvin E. Roth
Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That’s inescapable. – Ben Bernanke
I love Richard Thaler’s ‘Quasi Rational Economics.’ A collection of some of his most interesting and inventive essays, the real foundation of behavioral economics. – Cass Sunstein
Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the ‘what,’ but it certainly is not the ‘why.’ – Ben Bernanke
Economics make homeopath and alternative healers look empirical and scientific. – Nassim Nicholas Taleb
The Chicago Economics Department was in intellectual ferment, although the central issues of the 1930’s were very different from those in later times. I had never before encountered minds of that quality at close quarters and they influenced me strongly. – George Stigler
I went into the sciences very early on, but to me, economics pervades so much more of our lives and our existence. – Dambisa Moyo
Although being economics editor sounds impressive, it does not mean I actually edit anything. It mainly reflects two decades of title-inflation at the BBC, which has given ever more status to senior reporters, presumably because it is cheaper to do that than to offer higher pay. – Evan Davis
We all understand the economics of the Super Bowl – 10 or 12 minutes of the ball in motion will be stretched into three and a half hours or more of money-making commercials. – George Vecsey
I entered economics because of a course I took on ‘information economics,’ which I found fascinating. – Eric Maskin
Perhaps one day earthquakes, hurricanes and financial crashes will all be predictable. But we don’t have to wait until then for seismology, meteorology and economics to become sciences; they already are. – Eric Maskin
I really am enjoying my economics class, but I think my favorite course has to be history. – Molly Quinn
And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics. – David Korten
I’d call it a new version of voodoo economics, but I’m afraid that would give witch doctors a bad name. – Geraldine Ferraro
I don’t go to the beach. There is no value in going to the beach. If I did go I would probably read economics books. – Esther Duflo
It’s well proved economics that if a country which is rich and a country that is poor come together in global trade, sooner or later the standard of living of the poor country will go up towards that of the rich country. – N. R. Narayana Murthy
Now, of course, cold fusion is the daddy of them all in a way, in terms of value, so I think that viewed in a social way, from the point of social considerations and economics, it will tell you that this thing will stay around. – Martin Fleischmann
Years ago, I noticed one thing about economics, and that is that economists didn’t get anything right. – Nassim Nicholas Taleb
Praxeology – economics – provides no ultimate ethical judgments: it simply furnishes the indispensable data necessary to make such judgments. – Murray Rothbard
The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense. – Nick Hanauer