Quotes by Economists Most economists use 'fixed' and 'pegged' as interchangeable or nearly interchangeable terms for exchange rates. Steve Hanke economists exchange most use I don't think we should run government based on economists' predictions. John Fleming economists run think government A lot of people are surprised economists are assisting with kidney exchanges. Exchanges are what economists are good at. Alvin E. Roth economists surprised good people In the late 1960s, the New Classical economists saw the same weaknesses in the microfoundations of macroeconomics that have motivated me. They hated its lack of rigor. And they sacked it. George Akerlof economists new me late I am often considered almost not a part of the profession of Establishment economists. I am even referred to as a sociologist. And by that, economists usually do not mean anything flattering. Gunnar Myrdal economists i-am anything mean Most economists, when modeling market behavior, tend to sweep major fluctuations under the rug and assume they are anomalies. What I have found is that major rises and falls in prices are actually inevitable. Benoit Mandelbrot economists modeling behavior found People confuse economists and economic policy. Franco Modigliani economists economic policy people