If all the economists in the world were laid end to end, they still wouldn't reach a conclusion.
About this quote
- What does it mean?
- Shaw mocks the lack of consensus among economists regarding economic theory.
- In plain terms
- Even if economists stood in a line, they still couldn't agree on a conclusion.
- What can you take from it?
- Economics lacks agreed-upon conclusions despite expertise.
Where it applies
Putting it to work
Questions to consider
- Why do experts disagree?
- Can economics reach consensus?
Another view
It overlooks areas where economists do agree.
More from George Bernard Shaw
Democracy is a system ensuring that the people are governed no better than they deserve.
Permalink to quote #206 I am of the opinion that my life belongs to the whole community and as long as I live it is my privilege to do for it whatever I can.
Permalink to quote #208 Dancing: The vertical expression of a horizontal desire legalized by music.
Permalink to quote #205
Related quotes
Voodoo economics.
George H. W. BushGeorge H. W. Bush quote #2 Emotional appeals about working families trying to get by on $4.25 an hour [the minimum wage in 1996] are hard to resist. Fortunately, such families do not exi…
Tom DelayTom Delay quote #18 We're all Keynesians now.
John Maynard KeynesJohn Maynard Keynes quote #56