Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?

It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide.

Religion and art spring from the same root and are close kin. Economics and art are strangers.

I think it is just stupid economics for a government to approach economic management from a strand of thinking regarding unions as enemies.

However, I think the major opposition to ecology has deeper roots than mere economics; ecology threatens widely held values so fundamental that they must be called religious.

The Sherman Act is similar in the economics sphere to the Bill of Rights in the personal sphere.

I was about to get a degree in economics when I accepted that I'd be a lousy businessman, and if I didn't give acting a try I'd regret it for the rest of my life.

In economics, the majority is always wrong.

In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.

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

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.

The most powerful argument of all for saving open space is economics; in most states, tourism is the number two industry.

Now, of course, cold fusion is the daddy of them all in a way, in terms of value, so I think that viewed in a social way, from the point of social considerations and economics, it will tell you that this thing will stay around.

I'd call it a new version of voodoo economics, but I'm afraid that would give witch doctors a bad name.

First, I think the science of monetary economics has clearly gotten better.