What Disneyland was to my kids at age 10, that's kind of what Chicago is for economists.
Economists actually disagree about whether there are significant economic returns from attending an elite college versus a less-selective one.
Mr. Trump has said he strongly supports immediate expensing of capital expenditures, which many economists agree would encourage growth.
My brother Carl became a physicist; I became an economist.
Although most Americans apparently loathe inflation, Yale economists have argued that a little inflation may be necessary to grease the wheels of the labor market and enable efficiency-enhancing changes in relative pay to occur without requiring nominal wage cuts by workers.
That economic decisions are made without certain knowledge of the consequences is pretty self-evident. But, although many economists were aware of this elementary fact, there was no systematic analysis of economic uncertainty until about 1950.
Economists think about what people ought to do. Psychologists watch what they actually do.
Raising the minimum wage, as President Obama proposed in his State of the Union address, tends to be more popular with the general public than with economists.
Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can.
I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else.
Economics is extremely useful as a form of employment for economists.
The density of settlement of economists over the whole empire of economic science is very uneven, with a few areas of modest size holding the bulk of the population.
Instead of a universal basic income, we could have a basic income guarantee. Or, as economists prefer to call it, a negative income tax.
I think we labor economists like to think of ourselves as being closer to the people.
Ask five economists and you'll get five different answers - six if one went to Harvard.
People confuse economists and economic policy.
The density of settlement of economists over the whole empire of economic science is very uneven, with a few areas of modest size holding the bulk of the population.
Economists often like startling theorems, results which seem to run counter to conventional wisdom.