As an entrepreneur, you’re always looking for inspiration and advice from those who have been successful. Here is a compilation of some great quotes from economists that will inspire and motivate you to achieve your goals.

The best economist quotes

1. The economists have us well along the way of the greatest mass extinction event in human history. — Steven Magee

2. The more consistently Austrian School an economist is, the better a writer he will be. — Murray Rothbard

3. I was an economist now turning into a human being–as if these are two different things. I don’t know but I did that and then I had no vision. — Muhammad Yunus

4. If you laid every economist in the country end to end you would still not reach a conclusion. — Salvadore Nasello

5. An economist is a man that can tell you…what can happen under any given condition, and his guess is liable to be as good as anybody else’s too. — Will Rogers

6. I don’t know of a single economist who disagrees that when you raise the minimum wage, you kill jobs for the poor. — Newt Gingrich

7. Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That’s not a statement, it’s a definition. — Milton Friedman

8. Lunches don’t get free just because you don’t see the prices on the menu. And economists don’t get popular by reminding people of that. — Thomas Sowell

9. Louis Kelso of San Francisco, a lawyer–economist, has for years felt that he has a radical answer to the problem. — William F. Buckley

10. If you put two economists xin a room, you get two opinions, unless one of them is Lord Keynes, in which case you get three opinions. — Winston Churchill

11. If you put two economists xin a room, you get two opinions, unless one of them is Lord Keynes, in which case you get three opinions. — Winston Churchill

12. Tis a good rule in every journey to provide some piece of liberal study to rescue the hours which bad weather, bad company, and taverns steal from the best economist. — Ralph Waldo Emerson

13. The science of public happiness was how Keynes saw his work as an economist. — Richard Davenport–Hines, Universal Man: The Lives of John Maynard Keynes

14. I think almost every economist would agree that government gets itself in trouble when it tries to interfere with voluntary behavior. — Milton Friedman

15. Saying that you are moral because you believe in a god is like saying you are an economist because you play monopoly. — Robert W. Cox

16. Percentages! Those are for economists, polls, and politicians. Percentages can’t define your identity. — Mary E. Pearson, The Adoration of Jenna Fox

17. Journalists need experts as badly as experts need journalists. — Steven D. Levitt, Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

18. Percentages! Those are for economists, polls, and politicians. Percentages can’t define your identity. — Mary E. Pearson, The Adoration of Jenna Fox

19. Lunches don’t get free just because you don’t see the prices on the menu. And economists don’t get popular by reminding people of that. — Thomas Sowell

20. The economists have us well along the way of the greatest mass extinction event in human history. — Steven Magee

21. As an economist, whenever I hear the word shortage I wait for the other shoe to drop. That other shoe is usually price control. — Thomas Sowell

22. People dreaming , economists steals their dreams and politicians kills it — Mohammed Sekouty

23. If you put two economists xin a room, you get two opinions, unless one of them is Lord Keynes, in which case you get three opinions. — Winston Churchill

24. Where the bourgeois economists saw a relation between things (the exchange of one commodity for another) Marx revealed a relation between people. — Vladimir Lenin

25. Tis a good rule in every journey to provide some piece of liberal study to rescue the hours which bad weather, bad company, and taverns steal from the best economist. — Ralph Waldo Emerson

26. What I’m asking for is a new economic order. I don’t know how to construct that; I’m not an economist. — Michael Moore

27. Everything is possible, from angels to demons to economists and politicians. — Paulo Coelho

28. A rogue economist explores the hidden side of everything. — Steven D. Levitt

29. I was an economist now turning into a human being–as if these are two different things. I don’t know but I did that and then I had no vision. — Muhammad Yunus

30. There is nothing as dangerous as an economist who only knows economics except the moral philosopher who knows no economics. — Peter J. Boettke

31. Where the bourgeois economists saw a relation between things (the exchange of one commodity for another) Marx revealed a relation between people. — Vladimir Lenin

32. Journalists need experts as badly as experts need journalists. — Steven D. Levitt, Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

33. I’m Harvard–educated; I’m an economist by training. I’m an author, a journalist, as well as being active in community development. — Winona Laduke

34. You may scoff at the Tooth Fairy if you like. But the Tooth Fairy’s approach has gotten more politicians elected than any economist’s analysis. — Thomas Sowell

35. Where the bourgeois economists saw a relation between things (the exchange of one commodity for another) Marx revealed a relation between people. — Vladimir Lenin

36. Where the bourgeois economists saw a relation between things (the exchange of one commodity for another) Marx revealed a relation between people. — Vladimir Lenin

37. I don’t know of a single economist who disagrees that when you raise the minimum wage, you kill jobs for the poor. — Newt Gingrich

38. Lunches don’t get free just because you don’t see the prices on the menu. And economists don’t get popular by reminding people of that. — Thomas Sowell

39. You know economists; they’re the sort of people who see something works in practice and wonder if it would work in theory. — Ronald Reagan

40. Economists are people who wonder if what works in reality can also work in theory. — Ronald Reagan

41. Where the bourgeois economists saw a relation between things (the exchange of one commodity for another) Marx revealed a relation between people. — Vladimir Lenin

42. The more consistently Austrian School an economist is, the better a writer he will be. — Murray Rothbard

43. The future is already here–it’s just not evenly distributed. The Economist, December 4, 2003 — William Gibson

44. The idea of a non–growing economy may be an anathema to an economist. But the idea of a continually growing economy is an anathema to an ecologist. — Tim Jackson

45. Economists get impatient with philosophy. They are often trained as skilled mathematicians. They don’t like going back to ordinary language and first principles. — Martha C. Nussbaum

46. If you put two economists xin a room, you get two opinions, unless one of them is Lord Keynes, in which case you get three opinions. — Winston Churchill

47. As an economist, whenever I hear the word shortage I wait for the other shoe to drop. That other shoe is usually price control. — Thomas Sowell

48. Everything is possible, from angels to demons to economists and politicians. — Paulo Coelho

49. Journalists need experts as badly as experts need journalists. — Steven D. Levitt, Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

50. If you laid every economist in the country end to end you would still not reach a conclusion. — Salvadore Nasello

Conclusion

No matter which economist you admire, you can rest assured that their words will continue to inspire generations to come. From Adam Smith to John Maynard Keynes, their teachings and philosophies will continue to shape the way we think about economics and finance. These quotes remind us of the importance of looking to the past to get a better understanding of the present and the future. As we strive to make the world a better place, we can benefit from looking back at the words of wisdom provided by some of the greatest minds in the field of economics.