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I've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on Wall Street. When economics is taught by pure academics, watch out.

I love the right words. I think economy and precision of language are important.

Economists think about what people ought to do. Psychologists watch what they actually do.

Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.

Economists tend to think they are much, much smarter than historians, than everybody. And this is a bit too much because at the end of the day, we don't know very much in economics.

English people are so trapped in this class paradigm.

I may be only a fish and chip shop lady, but some of these economists need to get their heads out of the textbooks and get a job in the real world. I would not even let one of them handle my grocery shopping.

There's no doubt that scientific training helps many authors to write better science fiction. And yet, several of the very best were English majors who could not parse a differential equation to save their lives.

That subject has lost its one time appeal to economists as our science has become more abstract, but my interest has even grown more intense as the questions raised by the sociology of science became more prominent.

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