Stein, Herb -- (Attributed)

Dave — Fri, 27 Mar 2015 12:39:22 +0000

Economists are very good at saying that something cannot go on forever, but not so good at saying when it will stop.

Herb Stein (1916-1999) American economist
(Attributed)

Keynes, John Maynard -- A Tract on Monetary Reform, ch. 3 (1923)

Dave — Mon, 01 Oct 2007 14:36:23 +0000

But this long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task, if in tempestuous seasons they can only tell us, that when the storm is long past, the ocean is flat again.

John Maynard Keynes (1883-1946) English economist
A Tract on Monetary Reform, ch. 3 (1923)
(Source)

WIST Quotations

Stein, Herb -- (Attributed)

Keynes, John Maynard -- A Tract on Monetary Reform, ch. 3 (1923)