Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit.
Martin Feldstein

Ask five economists and you'll get five different answers - six if one went to Harvard.
Edgar R. Fiedler

But the age of chivalry is gone. That of sophisters, economists, and calculators has succeeded; and the glory of Europe is extinguished forever.
Edmund Burke

Economics is extremely useful as a form of employment for economists.
John Kenneth Galbraith

Economists are coming to acknowledge that measures of national wealth and poverty in terms strictly of average income tell you little that is significant of the health or viability of a society.
Rowan D. Williams

Economists often like startling theorems, results which seem to run counter to conventional wisdom.
Joseph E. Stiglitz

Economists report that a college education adds many thousands of dollars to a man's lifetime income - which he then spends sending his son to college.
Bill Vaughan

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 of Indigenous Australians.
Malcolm Fraser

I believe that economists put decimal points in their forecasts to show they have a sense of humor.
William Gilmore Simms

I can't speak for them, of course, but I believe that most economists would accept the view that, while you sometimes can make a score by sheer luck, you can't do it constantly, unless you're willing to put the resources in.
Merton Miller

I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our time is due to a certain timidity about soiling their hands by going from purely scientific questions into value questions.
Friedrich August von Hayek

I may be only a fish and chip shop lady, but some of these economists need to get their heads out of the textbooks and get a job in the real world. I would not even let one of them handle my grocery shopping.
Pauline Hanson

If all the economists in the world were laid end to end, it wouldn't be a bad thing.
Peter Lynch

If all the economists were laid end to end, they'd never reach a conclusion.
George Bernard Shaw

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
John Maynard Keynes

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

That subject has lost its one time appeal to economists as our science has become more abstract, but my interest has even grown more intense as the questions raised by the sociology of science became more prominent.
George Stigler

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

There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists.
Joseph E. Stiglitz

Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.
Martin Feldstein