“Economics has never been a science - and it is even less now than a few years ago.”
Paul A. Samuelson
“The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.”
Thomas Sowell
“Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses”
Lionel Charles Robbins
“I learned that economics was not an exact science and that the most erudite men would analyze the economic ills of the world and derive a totally different conclusion.”
Edith Clara Summerskill
“To overturn orthodoxy is no easier in science than in philosophy, religion, economics, or any of the other disciplines through which we try to comprehend the world and the society in which we live.”
Ruth Hubbard
“The technology is truly efficient and economical. But the biggest thing is, our economic analysis shows this technology is better anytime crude oil is at $40 a barrel or higher.”
Claude Corkadel
“Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it”
Ronald Reagan
