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Quotations about Economics


Economics examines how individuals, businesses, and governments make choices to allocate resources in order to meet unlimited wants and needs. It encompasses a wide range of topics, from market dynamics and fiscal policies to labor markets and global trade. Economics plays a crucial role in shaping economic growth, development, and prosperity, as well as addressing issues such as poverty, inequality, and sustainability. In this compilation, we explore the lighter side of economics, presenting a collection of funny quotations that touch upon the amusing, ironic, and sometimes perplexing aspects of this complex field. So, prepare to embrace the laughter, challenge assumptions, and embark on a journey filled with humor and economic insights.

Get ready to chuckle as we present a compilation of funny quotations about economics. While economics is often associated with complex theories, models, and policies, there are moments of levity, irony, and playful observation that arise when exploring the world of economic dynamics. From witty remarks on the quirks of market behavior to humorous reflections on the human side of economic decision-making, these quotes offer a lighthearted perspective on the whimsical and often comical aspects of economics.

quotations about economics

"The only function of economic forecasting is to make astrology look respectable." Ezra Solomon (American economist, 1920-2002)

"Expenditure rises to meet income." Northcote Parkinson (English writer, 1909-93)

Economists are people who work with numbers but don't have the personality to be *accountants.*teachers.*clowns.* Anon

"Economists have predicted *nine*five*none* of the last five recessions." Paul Samuelson (American economist, 1915-2009)

Economics is the only field where two people can share a Nobel Prize for *saying the opposite thing.*a while.*making stuff up.* Anon

"Economists are like weather forecasters: they can tell you what happened in the past but have no idea what's going to happen in the future." Anon

"Economics is the only profession where you can gain credibility by predicting the past." Anon

"The economy is so bad, even *the Mafia*the government*God* has started laying off judges." Jay Leno (American comedian, 1950-)

Economics is the only profession in which you can assume that all your *assumptions are wrong.*fears are right.*friends secretly hate you.* Anon

"No real English gentleman, in his secret soul, was ever sorry for the death of a political economist." Walter Bagehot (English economist and essayist, 1826-77)

"A man explained inflation to his wife thus: 'When we married, you measured 36-24-36. Now you're 42-42-42. There's more of you, but you're not worth as much.'" Joel Barnett (British Labour politician, 1923-)

"Trickle-down theory: the less-than-elegant metaphor that if one feeds the horse enough oats, some will pass through to the road for the sparrows." J. K. Galbraith (Canadian-born American economist, 1908-2006)

"Balancing the budget is like going to heaven. Everybody wants to do it, but nobody wants to do what you have to do to get there." Phil Gramm (American Republican politician, 1942-)

"The safest way to double your money is to fold it over and put it in your pocket." Frank McKinney Hubbard (American humorist, 1868-1930)

"If economists could manage to get themselves thought of as humble, competent people, on a level with dentists, that would be splendid!" John Maynard Keynes (English economist, 1883-1946)

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen *today.*ever.*in the real world.* Laurence J. Peter (Canadian writer, 1919-90)

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