#economist

There is nothing an economist should fear so much as applause. ↗

— Herbert Marshall

#economist #fear #much #nothing #should

The Economist is undoubtedly the smartest weekly newsmagazine in the English language. I always look forward to its quirky year-end double issue. ↗

— Eric Alterman

#double #economist #english #english language #forward

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

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

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

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

Most economists are accustomed to treating companies as idyllic places where everyone is devoted to a common goal: making as much money as possible. In the real world, that’s not how things work at all. Companies aren’t big happy families where everyone plays together nicely. Rather, most workplaces are made up of fiefdoms where executives compete for power and credit, often in hidden skirmishes that make their own performances appear superior and their rivals’ seem worse. Divisions compete for resources and sabotage each other to steal glory. Bosses pit their subordinates against one another so that no one can mount a coup. Companies aren’t families. They’re battlefields in a civil war. Yet despite this capacity for internecine warfare, most companies roll along relatively peacefully, year after year, because they have routines – habits – that create truces that allow everyone to set aside their rivalries long enough to get a day’s work done. ↗

— Charles Duhigg

#economists #workplace #business

The curious mind embraces science; the gifted and sensitive, the arts; the practical, business; the leftover becomes an economist ↗

— Nassim Nicholas Taleb

#economics #economists #expertise #intellect #mind