36 Quotes About Economists

You always know economists are in deep shit when they start talking about trust and value. Usually when you say fundamentals to them they’re like interest rates and price of gold.

Economists are the scientific representatives of the bourgeois class.

I know there are 20 economists out there who could do the job.

Indeed, willingness to challenge professional economists and other experts is a foundation stone of democracy. If all we have to do is to listen to the experts, what is the point of having democracy?

There is no doubt that the recognition by economists of the importance of the role of the firm in the functioning of the economy will prompt them to investigate its activities more closely.

Economists are interested in why 70 percent makes it. It's surprising to us that so much makes it.

Usually economists are figuring things out after the fact, especially the Fed chairman.

The traditional story of economists has been to say education explains what the returns are to school. I say, 'Okay, that's fine, but what explains the education? How much is just a matter of my giving you a poor kid versus a rich kid?'

Economists were expecting that the Fed would either remove the warning about asymmetric risks toward inflation or judgment that further tightening might be necessary. Of course, the Fed did neither.