#economist

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

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

— Edgar R. Fiedler

#answers #ask #different #economists #five

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 have the economists wanting all of the above. And that leads to paralysis. ↗

— Michael Bloomberg

#any #borrowing #cuts #democrats #economists

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

#although #any #bring #change #changes

Everything is possible, from angels to demons to economists and politicians. ↗

— Paulo Coelho

#demons #economists #everything #politicians #possible

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

#college #college education #dollars #economists #education

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

#australians #care #clinical #conditions #economists

Our time and attention is scarce. Art is not that important to us, no matter what we might like to believe… Our love of art is often quite temporary, dependent upon our moods, and our love of art is subservient to our demand for a positive self image. How we look at art should account for those imperfections and work around them. Keep in mind that books, like art museums, are not always geared to the desires of the reader. Maybe we think we are supposed to like tough books, but are we? Who says? Many writers (and art museums) produce for quite a small subsample of the… public. ↗

— Tyler Cowen

#art

As many will remember, a respected Army Corps economist filed a whistleblower complaint about the Corps' use of faulty data to justify lock and dam expansion. ↗

— Ron Kind

#army #complaint #corps #dam #data

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

— George Bernard Shaw

#conclusion #economists #end #laid #never