“A distinguished economist, on being asked to define the subject matter of his science, once replied, "Economics is what economists do."”

Source: 1940s, Economic Analysis, 1941, p. 3

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Kenneth E. Boulding163
British-American economist 1910–1993

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“The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.”

Joan Robinson (1903–1983) English economist

Source: Contributions to Modern Economics (1978), Chapter 7, Marx, Marshall and Keynes, p. 75

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