Economics Sayings and Quotes

Below you will find our collection of inspirational, wise, and humorous old economics quotes, economics sayings, and economics proverbs, collected over the years from a variety of sources.


Economics and ethics have little in common.     

Agnes Repplier

Economics exists to make astrology look respectable.     

John Kenneth Galbraith

Economics is too important to leave to the economists.     

Steve Keen

Economics is haunted by more fallacies than any other study known to man.     

Henry Hazlitt

The point of studying economics is so as not to be fooled by economists.     

Joan Robinson

Economics make homeopath and alternative healers look empirical and scientific.      

Nassim Nicholas Taleb

Economics is like gravity: Ignore it and you will be in for some rude surprises.      

Charles Wheelan

Economics limps along with one foot in untested hypotheses and the other in untestable slogans.      

Joan Robinson

Economics teaches humility because it teaches us more about what we can't do than what we can do     

Peter Boettke

Economics was the only profession where a person could be considered an expert without having once been right.      

George Meany

Good economics is good politics.     

Paul Keating

Economics is not a morality play.     

Paul Krugman

Economics is a very dangerous science.      

John Maynard Keynes

Good environmentalism is good economics.     

Barber Conable

Economics is really politics in disguise.     

Hazel Henderson

In human life, economics precedes politics or culture.     

Park Geun-hye

Economics is a subject that does not greatly respect one's wishes.     

Nikita Khrushchev

Economics is concerned with what emerges, not what anyone intended.     

Thomas Sowell

Economics is extremely useful as a form of employment for economists.     

John Kenneth Galbraith

Economics is a slave-driver. No one has free time; no one has any leisure.      

James Hillman

There is no such thing as economics, only social science applied to economic problems.      

Kenneth E. Boulding

Economics dominates politics - and with that domination comes different forms of ruthlessness.      

Chris Hedges

Economics becomes redundant if it can rationalise an exchange that sells the future of humankind.     

Andrew Simms

Economics is not about things and tangible material objects; it is about men, their meanings and actions.     

Ludwig Von Mises

Economics that hurt the moral well-being of an individual or a nation are immoral and, therefore, sinful.     

Mahatma Gandhi

Economics brings into view that conflict of choice is one of the permanent characteristics of human existence.     

Lionel Robbins

Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world.     

Ronald Coase

Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable.      

Ben Bernanke

Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human condition.     

Dale T. Mortensen

Economics has been called the dismal science. Once you get to understand it, you may not find it so dismal, but you don't find it much of a science either.     

Jean Chretien