April 02, 2004

Economics quotes of the day

These two quotes are from a new site I am linking to, the Economics Journal Watch:

I have been increasingly moved to wonder whether my job is a job or a racket, whether economists...should cover their faces or burst into laughter when they met on the street.

Frank H. Knight - former University of Chicago economics professor.

Also,

[Being editor of the AER] (American Economics Review - TMW) turned out to be shattering. What was remarkable was the absolute dullness, the lack of any kind of new idea, that predominated in the selection of the papers I got.

Robert W. Clower - UCLA economics professor emeritus.

Posted by The Mighty Wizard at April 2, 2004 07:05 PM