48 Macroeconomic Quotes

Following is our list of the most famous macroeconomic quotations and slogans. We've compiled this selection of inspirational macroeconomic quotes. Hopefully, these macroeconomic quotes will keep you motivated not only during hard times but to expand your macroeconomic knowledge!

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Famous Macroeconomic Quotes

You can think big when you're thinking about macroeconomics. — Cathie Wood

Macroeconomics, even with all of our computers and with all of our information - is not an exact science and is incapable of being an exact science. — Paul Samuelson

Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently. — Joseph Stiglitz

Political Economy or Economics is a study of mankind in the ordinary business of life. — Alfred Marshall

Economics has been incurably growth-oriented and addicted to everybody growing richer, even at the cost of exhaustion of resources and pollution of the environment. — Kenneth E. Boulding

[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics — Ludwig von Mises

The main long-run contribution monetary policy can make is to provide a stable macroeconomic and financial environment. — Jerome Powell

Economics is extremely useful as a form of employment for economists. - John Kenneth Galbraith

Economics is extremely useful as a form of employment for economists. — John Kenneth Galbraith

All economic forecasts are subject to considerable uncertainty. — Jerome Powell

The success of monetary policy should be judged by the economy's performance against our statutory mandates of price stability and maximum employment. — Jerome Powell

If you are to be an effective nation builder, make it your business, to understand what is really happening in the economy, both nationally and globally. — Strive Masiyiwa

The close relationship between politics and economics is neither neutral nor coincidental. Large governments evolve through history in order to protect large accumulations of property and wealth. — Michael Parenti

Big-government economics breeds crony capitalism. It's corrupt, anything but neutral, and a barrier to broad participation in prosperity. — Paul Ryan

I am saying that the economic approach provides a valuable unified framework for understanding all human behaviour — Gary Becker

Economics, as it has emerged, can be made more productive by paying greater and more explicit attention to the ethical considerations that shape human behaviour and judgment. — Amartya Sen

Short Macroeconomic Quotes

  • I'm not a macroeconomics person. — Bill Gates
  • Most work in macroeconomics in the past 30 years has been useless at best and harmful at worst. — Paul Krugman
  • I've always had an interest in geopolitics and macroeconomics. — Norman Pearlstine
  • Friedrich Hayek is not an important figure in the history of macroeconomics. — Paul Krugman

People Writing About Macroeconomic

Name Quotes Likes
Read quotes by Jerome Powell

Jerome Powell
quotes on inflation, economics and finance

104 1
Read quotes by Paul Krugman

Paul Krugman

144 677
Read quotes by Cathie Wood

Cathie Wood
quotes on ai, bitcoin and stock market

48 1
Read quotes by Paul Samuelson

Paul Samuelson
quotes on investing

73 548
Read quotes by Joseph Stiglitz

Joseph Stiglitz
quotes on education, religion and leadership

120 591
Read quotes by Alfred Marshall

Alfred Marshall
quotes on education, economics and government

26 239

More Macroeconomic Quotes

While microeconomics has focused on transactions between individuals, and macroeconomics on the role of government in the economy, the reality is that the most important economic decisions to any individual’s well-being are the ones they conduct in their trade-offs with their future self. — Saifedean Ammous

The financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies. — Jerome Powell

Crypto is a bet against the modern macroeconomic dogma, which is passed off as science, but is really a branch of politics — with rulers, winners, and losers. — Naval Ravikant

Microeconomics: The study of who has the money and how I can get my hands on it.Macroeconomics: The study of which government agency has the gun, and how we can get our hands on it. — Gary North

Microeconomics is about money you don't have, and macroeconomics is about money the government is out of. — P. J. O'Rourke

If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis. — Tyler Cowen

When things go wrong on a macroeconomic level, it's almost always this way. People find someone to blame, whether it's blacks, whites, Christians, Jews, Muslims-whoever. — Jim Rogers

I think that having good data, good statistics-and the United States generally has better macroeconomic statistics than most countries-and having good economists to interpret those data and present the policy alternatives, has a substantially beneficial effect on policymaking in the United States. — Ben Bernanke

In the area of macroeconomic policies, I think we'll see more centralization, like in the budgetary sphere. — Mario Monti

Macroeconomic adjustment programmes are tailor-made to the situation of the country concerned and no models or templates are used. — Jeroen Dijsselbloem

I have to create in India a macroeconomic environment where the employment in aggregate can go up at a handsome rate. Once that happens, people losing jobs in one sector will not mean that they will become perpetually unemployed. From one sector, they can move on to other sectors. — Manmohan Singh

Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor. — Ha-Joon Chang

No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted. — Peter Drucker

We're living in a Dark Age of macroeconomics. Remember, what defined the Dark Ages wasn’t the fact that they were primitive — the Bronze Age was primitive, too. What made the Dark Ages dark was the fact that so much knowledge had been lost, that so much known to the Greeks and Romans had been forgotten by the barbarian kingdoms that followed. — Paul Krugman

A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street. When the Boys are in a good mood, the market thrives; when they get scared or sullen, it is time for each one of us to look into the retail apple business. — Barbara Ehrenreich

At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory. — James Tobin

The problem in Peru is not so much poverty - it is inequality. The essence of the discourse in 2005 and 2006 is the same one that we have maintained in 2010 and 2011. My macroeconomic policy is to strengthen and ensure economic growth but with social inclusion. — Ollanta Humala

Macroeconomic stability will be more elusive and that will affect all of our lives: from the risks many will face in childhood, to the security of employment at working age, to the challenge of accumulating for retirement. More financial instability will introduce more uncertainty all down the line, and that will be a very different world than the one we would have lived in only a couple of decades ago. — Alan M. Taylor

Listen to the women. Women say exactly what they want. Who has concrete plans - not macroeconomics but kitchen table economics. Who will change the situation for their families, and help restore the middle class. Women are also sick to death of having their bodies and their lives treated as a political football. — Celinda Lake

Peter Montiel has long set the highest standard for lucid textbooks on the macroeconomics of developing countries. Now in this new edition of his superb classic Macroeconomics in Emerging Markets, he has surpassed even himself. He uniquely fills the gap between rich-country-obsessed macro- and micro-obsessed developing-country analysis. No student of the macroeconomics of development will henceforward be able to do without this book. — William Easterly

It should be possible to emphasize to students that the level of employment is a macroeconomic issue, depending in the short run on aggregate demand and depending in the long run on the natural rate of unemployment, with microeconomic policies like tariffs having little net effect. Trade policy should be debated in terms of its impact on efficiency, not in terms of phoney numbers about jobs created or lost. — Paul Krugman

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