Skip to main content

Quotes about Economics

Well! Fed up with the boring Economics?? Let us see what others have to say about this strange field of study.



If all economists were laid end to end, they would not reach a conclusion. George Bernard Shaw


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


An economist is a man who states the obvious in terms of the incomprehensible. Alfred A. Knopf



An economist is a man who knows a hundred ways of making love but doesn’t know any women. Art Buchwald


For those of you who don't understand Reaganomics, it's based on the principle that the rich and the poor will get the same amount of ice. In Reaganomics, however, the poor get all of theirs in winter.  Morris Udall


Blessed are the young, for they will inherit the national debt. More funny Herbert Hoover quotes
If God had meant there to be more than two factors of production, He would have made it easier for us to draw three-dimensional diagrams. Solow


Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.  Sam Ewing


Ask five economists and you'll get five different answers - six if one went to Harvard. Edgar R. Fiedler


“Did you ever think that making a speech on economics is a lot like pissing down your leg? It seems hot to you, but it never does to anyone else. Lyndon B. Johnson


“The economy depends about as much on economists as the weather does on weather forecasters.”



"Anyone who lives within their means suffers from a lack of imagination." Oscar Wilde.



“Economists are people who work with numbers but don't have the personality to be accountants.”



“Isn't it strange? The same people who laugh at gypsy fortune tellers take economists seriously.”




Always borrow money from a pessimist, he never expects to be paid back’. Anon


A bank is a place where they lend you an umbrella in fair weather and ask for it back when it rains. Robert Frost


I believe that economists put decimal points in their forecasts to show they have a sense of humor. William Gilmore Simms 


You and I come by road or rail, but economists travel on infrastructure. Margaret Thatcher




"President Bush's economic plan will create 2.5 million new jobs. The bad news, they are all for Iraqi soldiers." Craig Kilborn

    Labels:

    Comments

    Post a Comment

    Popular posts from this blog

    Rawalpindi-Islamabad Metro Bus

    The much awaited Metro Bus Service is now functional in Islamabad connecting it to the twin city of Rawalpindi. The PKR 45 billion cost (USD 4440 million) of the project was criticized mainly by the opposition parties led by Tehreek Insaaf. However the record time for completion of the project is something which justifies the the financial outlay. In Pakistan Public Sector infrastructure projects are plagued by delays and some are altogether abandoned after partial work. The 23 KM long metro has 24 station. Today I had a glimpse of Pakistan Secretariat Station of it. There is quite excitement among the travelers and many are travelling just to have fun. Few pics here. Although secretariat is closed today being Saturday, still large number of public was seen buying tickets and Metro-Bus Card.  To avoid queuing up the line to buy ticket, a better option is to get a Metro-Bus Card. The card can be reloaded and costs 130 Rs for the first time and subsequently rec...
    Post a Comment
    Read more»

    PHD in Economics

    Not many universities offer PHD program in Economics in Pakistan. And of those offered only a few can be said to produce quality PHDs. So the other choice remains is to go for study in Abroad. But it not comes at free. There are requirement of GRE and Toefl which are a hard to do job for a Pakistani student. Here are few advice for the aspiring Economists. A lot has been said & done already. Study for your GREs because they're very important -- get multiple computer practice exams. Take courses & obtain research experience that you think will prepare you well for grad school. This might include graduate economics classes, or finding some offbeat & compelling research topic for an undergrad paper. Or maybe just trying to fill some deficiencies in your mathematics training (like, e.g., if you haven't taken multivariable calc & linear algebra). I think the econ courses are better preparation than are the more sophisticated math courses, but probability & math ...
    Post a Comment
    Read more»

    Telenor easypaisa Gimmicks

    Of late this mobile banking service has become a source of nuisance. Instead of providing quality service to its customers, It is trying to dupe them in one way or the other to mint money from them on as bizarre scheme as MOBILE INSURANCE through which they purport to pay 1000 PKR as medical bill in case of medical emergency. The customers are nowadays continuously getting spam calls from Easy Paisa for so called Medical Insurance. I have time and again their representatives categorically that I am not doing it as I have already had it for one year. I was duped by one of their of your representative to go for it saying that it is totally free but later on i found they have deducted around 1000 PKR from my account. I am seriously thinking of changing Easypaisa as my mobile account and as well as Telenor as my network. God forbid, if anything happens, they are not going to pay a single penny on one pretext or the other, while they call this a medical insurance, there is no proof of it...
    Post a Comment
    Read more»