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 often like startling theorems, results which seem to run counter to conventional wisdom. – Joseph Stiglitz
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
A lot of people are surprised economists are assisting with kidney exchanges. Exchanges are what economists are good at. – Alvin E. Roth
I guess economists, it’s a bit like scientists; you have definitely fewer women in that field. – Christine Lagarde
Evolving technologies that allow economists to gather new types of data and to manipulate millions of data points are just one factor among several that are likely to transform the field in coming years. – Ben Bernanke
The public is even more pessimistic about the economy than even the most bearish economists are. – Nate Silver
Economists think about what people ought to do. Psychologists watch what they actually do. – Daniel Kahneman
I have always been considered to be the most German among Italian economists, which I always received as a compliment, but was rarely meant to be one. – Mario Monti
Years ago, I noticed one thing about economics, and that is that economists didn’t get anything right. – Nassim Nicholas Taleb
Economists of a classical bent lay a large part of the decline of employment, and thus lagging output, to a contraction of labour supply. – Edmund Phelps
Many scientists and economists also say putting a price on carbon through carbon taxes and/or cap-and-trade is necessary. – David Suzuki
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
Privatization came on slowly. When something very big happens, like privatization, historians and economists like to think you must have had very big causes. That is not how it happened. – Kenneth Baker
Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can. – Tim Harford
Most economists use ‘fixed’ and ‘pegged’ as interchangeable or nearly interchangeable terms for exchange rates. – Steve Hanke