Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can.
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Most economists use 'fixed' and 'pegged' as interchangeable or nearly interchangeable terms for exchange rates.
My folks are economists and have taught economics and social science so I grew up with those kind of conversations around the dinner table.
Anything Quotes
Economists discount any factors that would not influence the thinking of a rational person.
The supply price and the demand price should be roughly the same. You're not supposed to have two different prices. According to economists.
I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else.
If all the economists in the world were laid end to end, it wouldn't be a bad thing.
The public is even more pessimistic about the economy than even the most bearish economists are.
Business Quotes
Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.
Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you...
Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.
Health economists have estimated that an injection of $250 million per year in Indigenous clinical care, and $50 million in preventative care, is required to provide services at the same level as for any other group with the health conditions...
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.
Economic Quotes
Entire populations of market strategists, fund managers, and economists are employed to try and intuit for clients which securities to bet on for the best possible return each year - or quarter.
Economists often like startling theorems, results which seem to run counter to conventional wisdom.
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.
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
Economics Quotes
Economics is extremely useful as a form of employment for economists.
