#economist

In 1925, when Britain went back to the gold standard, that was supported by the Conservative Party, the Labour Party, the Bank of England, the civil service, the CBI, the TUC, the Times, the Economist; that consensus was very strong. ↗

— Ed Balls

#bank #britain #civil #civil service #consensus

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

#came #causes #economists #had #happened

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

#argued #cost #economists #high #inconvenience

Economists treat economics as if it is a pure science divorced from the facts of life. The result of this false accountancy is a willful confusion under cover of which industry wreaks its havoc scot-free and ignores the environmental cost. ↗

— Vivienne Westwood

#cost #cover #divorced #economics #economists

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

— Peter Lynch

#bad thing #economists #end #laid #thing

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

— William Gilmore Simms

#decimal #economists #forecasts #humor #i

You and I come by road or rail, but economists travel on infrastructure. ↗

— Margaret Thatcher

#economists #i #infrastructure #rail #road

I was teaching in one of the universities while the country was suffering from a severe famine. People were dying of hunger, and I felt very helpless. As an economist, I had no tool in my tool box to fix that kind of situation. ↗

— Muhammad Yunus

#country #dying #economist #famine #felt

But if, if you take a look at what would have happened, I mean, do we need to see soup lines down the street to figure out what would have happened? We avoided - and all economists will tell you that millions of jobs were saved because of the Recovery Act, and we avoided a second Great Depression. That, that is a reality. ↗

— Alexi Giannoulias

#avoided #because #depression #down #economists

The master-economist must possess a rare combination of gifts .... He must be mathematician, historian, statesman, philosopher -- in some degree. He must understand symbols and speak in words. He must contemplate the particular, in terms of the general, and touch abstract and concrete in the same flight of thought. He must study the present in the light of the past for the purposes of the future. No part of man's nature or his institutions must be entirely outside his regard. He must be purposeful and disinterested in a simultaneous mood, as aloof and incorruptible as an artist, yet sometimes as near to earth as a politician. ↗

— John Maynard Keynes

#nature