Economics Quotes - Page 12

Companies that start by redesigning the economics of an industry often finish by redesigning the whole industry-and owning it.

Coining "Dismal Science" as a nickname for Political Economy

Respectable Professors of the Dismal Science.

Truly environmentalism has displaced economics as the dismal science.

Basic Economics 101. It's the most complicated simple subject there is.

My ideal is that we all be economically interdependent. We should not be independent like millionaires, nor dependent like laborers. My ideal is that we all be interdependent.

Despite its scientific pretensions, economics still remains more of an art than a science

A loving and fierce defense of economics as a science.

Physicists have a bias to aspire to be "seers" like Einstein rather than "craftspeople" who do simple and practical research. I have seen that in economics departments. The same must be true to some extent in other departments.

Before economics can progress, it must abandon its suicidal formalism.

I'd like the reader to decide if he is willing to pay minute sums for content. I'd like the economics of web to be controlled between authors and readers, not advertiser.

A wide range of social, collective phenomena can be made to emerge from the interactions of autonomous agents operating to simple local rules

I don't think Obama understands basic economics. Not economics that work. He may understand some theory that someone in Princeton sat and dreamed up, but it's not working.

It's better to ask the right questions than accept the status quo

The better the script, the less money there is. That's just the economics of the studio system.

Bin Laden comes out of a business background - he studied public administration and economics at university, and he worked for his family company, which was obviously a rather successful enterprise.

By any reasonable criteria, the discipline of economics as a whole, in its present state, is sadly lacking.

The problem isn't that people don't understand how good things are. It's that they know, from personal experience, that things really aren't that good.

The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.

Roughly speaking, I think it's accurate to say that a corporate elite of managers and owners governs the economy and the political system as well, at least in very large measure.

Most Americans don't know enough about basic economics to fill out one fortune cookie.

Economics make homeopath and alternative healers look empirical and scientific.

I do not believe there is a natural resource economics. I believe there is good economics and bad economics.

Mainstream economics scholarship produces theory without facts ("pure theory") and facts without theory ("applied economics").

No one is entertained by economics.