James Surowiecki

Intellectual-property rules are clearly necessary to spur innovation: if every invention could be stolen, or every new drug immediately copied, few people would invest in innovation. But too much protection can strangle competition and can limit what economists call 'incremental innovation' - innovations that build, in some way, on others.

American Journalist

James Mirrlees

It became clear I wanted to be a development economist. I mean, I said I wanted to work on the economics of poor countries. And I'd actually say that I don't think that was so much about narrowing the gap as about increasing their incomes, which means economic growth, which is really my prime interest.

Scottish Economist

Nicholas Stern

We will not overcome world poverty unless we manage climate change successfully. I've spent my life as a development economist, and it's crystal clear that we succeed or fail on winning the battle against world poverty and managing climate change together. If we fail on one, we fail on the other.

English Economist

Jameela Jamil

The economy, unemployment, the future... Politicians, economists, and journalists are constantly debating these key issues for our country but rarely come to an answer. But behind all this, there is a fairly simple truth: no matter what anybody says, jobs are hard to come by.

English Celebrity

John Forbes Nash, Jr.

I can observe the game theory is applied very much in economics. Generally, it would be wise to get into the mathematics as much as seems reasonable because the economists who use more mathematics are somehow more respected than those who use less. That's the trend.

American Mathematician

John Maynard Keynes

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

Newt Gingrich

I don't know of a single economist who disagrees that when you raise the minimum wage, you kill jobs for the poor.

American Politician

George Bernard Shaw

If all the economists were laid end to end, they'd never reach a conclusion.

Irish Playwright

Tim Harford

People today don't become economists to make the world a better place.

Edgar Fiedler

For economist the real world is often a special case.

American Economist

Used to describe someone in the academic study of how societies use resources.

Academic Discipline

Recognizes an individual's ability to analyze economic data and trends.

Expert Analysis

Economists often focus on a specific sector like agriculture, finance, or labor.

Specialization

Advises on policies affecting the economy, demonstrating the importance at high governmental levels.

Policy Influence

Highlights the role of economists in guiding government economic strategies.

Public Sector Role

An expert in predicting economic conditions, helping plan for future governmental actions.

Economic Forecasting

Refers to someone who is careful with managing personal or family financial resources.

Personal Finance

Indicates good practices in handling resources at home or in small businesses.

Resource Management

Implies a focus on preventing unnecessary expenses and saving for the future.

Waste Avoidance

 and a decrease in consumer spending would reduce business profits, leading to more unemployment and a further decrease in spending, causing the economy to keep shrinking. So most economists believe that while too much of either is dangerous, a small, consistent amount of inflation is necessary to encourage economic growth.

What gives a dollar bill...

 question to you though I think a lot of people don't think there's a lot of logic to what you just said but you're an economist if carbon is a long term cost to the world what we don't I a lot of people don't understand why even get behind a carbon tax that was revenue neutral that scent that scent that

Economics of climate...

 as it turns out lampard came in with a philosophy that owed a lot to biology you've probably heard of survival of the fittest we live in a competitive world all life has to compete over resources food space promotions the best survive and reproduce a lot of economists apply this to the

The Problem with Super...

 until the drawing indicates you've lost. Or, to put it another way, for the dollar investment, you can have a much better feeling than flushing the money down the toilet, which you cannot have a good feeling from. Now, economists tend to -- -- economists tend to view the world

Why we make bad...

 Economists call this demoralizing situation the welfare trap— one of the many different poverty traps affecting millions of people around the world. Poverty traps are economic and environmental circumstances that reinforce themselves, perpetuating poverty for generations.

Why is it so hard to...

 decided that it would sell the rights to third generation mobile phones by working out what those rights were worth now it worked out they were worth two billion pounds just in time the set of economists got there and said why not try an auction it'll reveal the value it

The "bottom billion" -...

 that help keep our civilization running. So, what should we do? This is where economists disagree. Most economists think that new ideas will be able to fix most of these problems. They argue that, in the same way that exponentially increasing resource and energy use

Can the economy grow...

 And the results surprised top economists and the researchers running the experiment. But to understand what these groups were expecting, we need to spend a little time defining honesty. We typically think of honesty in terms of actively telling the truth

Would you pass the...

 on innovation, which is innovation for end users, visible innovation. Instead, innovation, if you remember, some of you may have read the famous economist Schumpeter, he said, "Innovation is novelty

Nirmalya Kumar: India's...

 Different model, right? Do it for fun. No one gets paid a cent, or a euro or a yen. Do it because you like to do it. Just 10 years ago, if you had gone to an economist, anywhere,