Dennis Holme Robertson famous quotes
Last updated: Sep 5, 2024
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If economists did not concern themselves with economic efficiency, nobody would.
-- Dennis Holme Robertson -
The value of a yellow metal (gold), originally chosen as money because it tickled the fancy of savages, is clearly a chancy and irrelevant thing on which to base the value of our money and the stability of our industrial system.
-- Dennis Holme Robertson
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"Murphys law of economic policy": Economists have the least influence on policy where they know the most and are most agreed; they have the most influence on policy where they know the least and disagree most vehemently.
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Economists are about as useful as astrologers in predicting the future (and, like astrologers, they never let failure on one occasion diminish certitude on the next).
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It's a vicious cycle. While systems become denser, their energy efficiency has decreased. Devices are getting smaller and smaller, but they are getting hotter.
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Efficiency is anything that scores.
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Disruptive innovations create jobs, efficiency innovations destroy them.
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Economists don't seem to have noticed that the economy sits entirely within the ecology.
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I guess economists, it’s a bit like scientists, you have definitely fewer women in that field,
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All great economists are tall. There are two exceptions: John Kenneth Galbraith and Milton Friedman.
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There is nothing an economist should fear so much as applause.
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The proposition that economist Ludwig von Mises was a feminist is an apodictic impossibility.
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