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The ultimate purpose of economics, of course, is to understand and promote the enhancement of well-being.

Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human condition.

Economics is mostly how humans rationalize who gets what and why. It's how we instantiate our preferences about status, privileges, and power.

I actually profoundly think the world's a better place when economics is fairly boring... The more boring the better.

I got into economics because I wanted to make things better for the average person.

Because economics is all about optimising, doing the best you can with what you have - it's usually the first place you should look for answers if you want to maximise your happiness.

I went into the sciences very early on, but to me, economics pervades so much more of our lives and our existence.

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

Education is the best economic policy there is.

People want to think of economics as a natural science, like physics, with the comforting reliability of simple-to-understand theories like F=MA. Unfortunately, it isn't. Economics is a social science, and the so-called theories are really social and moral constructs.