The key to good decision making is evaluating the available information - the data - and combining it with your own estimates of pluses and minuses. As an economist, I do this every day. Emily Oster
The intriguing aspect of food charges on airlines is that they create the perfect laboratory for any economist who wishes to study the question of how to price a good that possesses, by universal consensus, absolutely no objective value. Timothy Noah
In the 40 years I've been working as an economist and investor, I have never seen such a disconnect between the asset market and the economic reality... Asset markets are in the sky, and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up. Marc Faber
Obviously, no one knows when the market is going to bottom out, and I am certainly not an economist. Jerry Yang
I think you've got to watch out for anybody in high school who says he wants to become an economist. Thomas J. Sargent