#economist

My folks are economists and have taught economics and social science so I grew up with those kind of conversations around the dinner table. ↗

— Seth Gordon

#conversations #dinner #dinner table #economics #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

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

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

It's clear that policymakers and economists are going to be interested in the measurement of well-being primarily as it correlates with health; they also want to know whether researchers can validate subjective responses with physiological indices. ↗

— Daniel Kahneman

#clear #economists #going #health #interested

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

#could #economists #get #humble #level

El estudio de la economía no parece exigir ningún don especializado de un orden excepcionalmente superior. ¿No es una disciplina muy fácil comparada con las ramas superiores de la filosofía o la ciencia pura?. Una disciplina fácil de la que muy pocos sobresalen. La paradoja tal vez tenga su explicación en que el economista experto debe poseer una rara combinación de dones. Debe ser en cierta medida matemático, historiador, estadista, filosofo. Debe comprender los símbolos y hablar en palabras. Debe contemplar lo particular desde la óptica de lo general y considerar en un mismo razonamiento lo abstracto y lo concreto. Debe estudiar el presente pensando en el futuro. Ningún aspecto de la naturaleza del hombre o de sus instituciones debe quedarse al margen de su consideración. Debe ser simultáneamente decidido y desinteresado; tan distante e incorruptible como un artista y, sin embargo a veces tan cerca del suelo como un político ↗

— John Maynard Keynes

#economy #inspirational #profession #inspirational

When better business decisions are made, economists won't make them. ↗

— Herbert Prochnow

#business #decisions #economists #made #make

I am looking forward to learning at the knee of Paul Ryan. He doesn't strike me as a politician. He strikes me as an economist. ↗

— Todd Rokita

#economist #forward #i #i am #knee

Economists often like startling theorems, results which seem to run counter to conventional wisdom. ↗

— Joseph Stiglitz

#conventional wisdom #counter #economists #like #often