Economists have certain quotes attributed to them that can be put to use by candidates writing the economics optional subject in the UPSC Mains Exam.

This article will list out the important quotes by Economists.

The candidates can read more related information from the links provided below:

Candidates can find UPSC Prelims Economy Question papers in the given link

• When it comes to the long run then all of us are dead. –John Maynard Keynes

• If you are talking about inflation then I would say it is a monetary phenomenon in every aspect and in every situation. –Milton Friedman

• The very moment all the lands in any country is being privatised then the landlords start demanding money for even the harvest which they never sowed. –Adam Smith

• All the things that Milton Friedman comes across reminds him of the supply of money and all the things that I come across reminds me of sex, but I keep it out of my papers. –Robert Solow

• Once a person starts thinking about the growth of an economy, it is next to impossible for him to think about anything else. –Robert Lucas

• The interpretation and estimation of the distributed lagged models was the major interests of macroeconomists and applied economists during the time when I was pursuing my graduation. –Thomas Sargent
• I have never come across a person who has done anything good who has always shown inclination towards free riding. –Adam Smith
• The average scores of the economics department in MIT and Harvard goes up when the student with the least academic performance in MIT leaves and joins Harvard. –Paul Samuelson
• You will find a computer in all places except when it comes to the statistics regarding the growth of an economy. –Robert Solow
• All the conservatives that you may come across might not be a stupid person but all the stupid persons you come across are conservatives. –John Stuart Mill
• I never had any non-academic job which was serious enough. –Amartya Sen
• The true problem associated with debt occurs when all the persons are going to pay it back at the same time. –Paul Krugman
• I was born on the campus of a university and all my life I have been residing in any university campus or the other. –Amartya Sen
• The true tragedy that the poor face is that they do not have enough aspirations. –Adam Smith
• Any policy maker’s tool kit must have enough room for fiscal policies because they are of paramount importance. –Gita Gopinath

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