
Category: Economists quotes on economics


Nobel winner Paul Romer on the backwardness of economics and economists’ misleading use of math

Robert Solow’s sarcastic economics

The Art of Central Banking (3) — No working theory of inflation and economists’ instinctual attachment to concepts

Economics of Simplism, or why some countries are rich and others poor

Joan Robinson: Solutions offered by economists are no less delusory than those of the theologians

Economics is an Imperial Science

The Art of Central Banking

No Reality, Please. We’re Economists.

Horses and Economics – from the horse’s mouth

Camels, mathematics and the history of economics

Robert Heilbroner: “The prestige accorded to mathematics in economics has given it rigor, but, alas, also mortis”

Paul Volcker: “The economics profession is in trouble… We need to pull economics back into the real world of Political Economy.”

Gregory Mankiw: “Economic science is still a primitive body of knowledge.”

Ben Bernanke on economics and economic forecasting

Joan Robinson: Economics has always been partly a vehicle for the ruling ideology

Simplistic Economics, or when real people ruin perfect economic models

Economists are self-confident and regularly wrong, admits Columbia economics professor

Joseph Stiglitz: ‘Free markets’ as a religious belief

Economics professor: Economic models are wrong and invalid, but simple and useful

“The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.” (Professor David Korten)
