Tuesday, August 01, 2006

Economists

With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.
- Adam Smith, 1723 - 1790

The age of chivalry is gone. That of sophisters, economists, and calculators has succeeded.
- Edmund Burke, 1728 - 1797

In economics, the majority is always wrong.
- John Kenneth Galbraith

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.
- Laurence J. Peter, 1919 - 1990

Lunches don't get free just because you don't see the prices on the menu. And economists don't get popular by reminding people of that.
- Thomas Sowell

If all the world's economists were laid end to end, we wouldn't reach a conclusion.
- William Baumol

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