#economist

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

— Margaret Thatcher

#economists #i #infrastructure #rail #road

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

Lo básico es dejar amplio margen para el aprendizaje ↗

— Friedrich A. von Hayek

#educational-system #society #world #education

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

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

— Edgar R. Fiedler

#answers #ask #different #economists #five

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

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

— Paulo Coelho

#demons #economists #everything #politicians #possible

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen. ↗

— Earl Wilson

#expert #happen #know #predicted #things

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

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