Economists are pessimists: they've predicted 8 of the last 3 depressions

Quote by Barry Asmus

Topics: Economics Quotes

I, however, place economy among the first and most important republican virtues, and public debt...

I, however, place economy among the first and most important republican virtues, and public debt...

When a management team with a reputation for brilliance tackles a business with a reputation...

When a management team with a reputation for brilliance tackles a business with a reputation...

I, however, place economy among the first and most important republican virtues, and public debt...

I, however, place economy among the first and most important republican virtues, and public debt...

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

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

Speech is power: speech is to persuade, to convert, to compel. It is to bring...

Speech is power: speech is to persuade, to convert, to compel. It is to bring...

Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be...

Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be...

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

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...

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is...

Men do not realize how great a revenue economy is

Men do not realize how great a revenue economy is

The first lesson of economics is scarcity: There is never enough of anything to satisfy...

The first lesson of economics is scarcity: There is never enough of anything to satisfy...

Economics has never been a science - and it is even less now than a...

Economics has never been a science - and it is even less now than a...

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution...

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution...

I hate liberality - nine times out of ten it is cowardice, and the tenth...

I hate liberality - nine times out of ten it is cowardice, and the tenth...

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

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

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist...

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist...

The economy of a novelist is a little like that of a careful housewife who...

The economy of a novelist is a little like that of a careful housewife who...

We are endeavoring, too, to reduce the government to the practice of a rigorous economy,...

We are endeavoring, too, to reduce the government to the practice of a rigorous economy,...

Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be...

Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be...