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In my long life, I have known some great economists, but I have never counted myself among their number nor walked in their company.

You have to let the market reward effort and skill. But a system in which inequality of incomes constantly increases over time is worrisome.

Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can.

Economists create their own worlds. We're like little gods with our artificial economics, wanting to see what happens.

When you poll all of the economists, uh, across America that I think are intellectually honest they would all, or maybe not all, but 95% of them 96% of them would say you know we really have got a powerful economy.

An economist's guess is liable to be as good as anybody else's.

We believe that economics does not necessarily have to be a zero-sum game; it can be a win-win proposition for everyone involved so long as they have the tools in which to succeed.

Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.

For economist the real world is often a special case.

Economists often like startling theorems, results which seem to run counter to conventional wisdom.