Quote

Economics as currently presented in textbooks and taught in the classroom does not have much to do with business management, and still less with entrepreneurship.

— Ronald Coase

Sentiment: NEGATIVE

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✓Similar Perspectives

Answers are not enough, students should be encouraged to ask questions and explore alternatives to the norm. Entrepreneurship and invention are the backbone of the new economy, yet I doubt they get more than a nod in economics courses.

— Jim Hunt

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

— Nikita Khrushchev

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.

— Mark Skousen

A lot of people who own a business aren't entrepreneurial at all.

— Carol Roth

I am aiming my books at anybody with no economics background.

— Tim Harford

Even though I didn't get a business degree, I enjoyed learning about economics.

— Herb Ritts

No business in the world has ever made more money with poorer management.

— Bill Terry

Most small-business owners have no financial education when they started. They weren't trained to be entrepreneurs.

— Robert Kiyosaki

The idea of entrepreneurship applies as much in politics, religion, society and the arts as it does in business.

— Geoff Mulgan

✗Opposing Perspectives

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

— Paul Samuelson