Robert H. Frank quote: “Most students who take introductory economics seem to leave the course without really having learned even the most impo…”

“This book is written in the conviction that economics is a powerful tool for analyzing a vast range of legal questions but that most lawyers and law students-even very bright ones-have difficulty connecting economic principles to concrete legal problems.”

Richard A. Posner (1939) United States federal judge

Source: Economic Analysis of Law (7th ed., 2007), Ch. 1: The Nature of Economic Reasoning

“The materials collected in this volume are intended to acquaint the student with economic principles as they are manifested in the tangible facts of economic life. A few extracts of primarily theoretical character have been included to represent important aspects of contemporary or historic thought; but for the most part the selections are not so much authoritative formulations of economic laws as concrete case-material embodying such laws, or affording a background of information which the systematic treatises on economics can hardly give and which the teacher certainly cannot often assume that his students will possess.”

Leon C. Marshall (1879–1966) American economist

James A. Field, Leon C. Marshall and Chester W. Wright. Materials For the Study of Elementary Economics https://archive.org/stream/materialsforstud00mars#page/n5/mode/2up, University of Chicago Press, 1913. Preface

“The materials collected in this volume are intended to acquaint the student with economic principles as they are manifested in the tangible facts of economic life. A few extracts of primarily theoretical character have been included to represent important aspects of contemporary or historic thought; but for the most part the selections are not so much authoritative formulations of economic laws as concrete case-material embodying such laws, or affording a background of information which the systematic treatises on economics can hardly give and which the teacher certainly cannot often assume that his students will possess.”

Chester W. Wright (1879–1966) American economic historian

James A. Field, Leon C. Marshall and Chester W. Wright. Materials For the Study of Elementary Economics https://archive.org/stream/materialsforstud00mars#page/n5/mode/2up, University of Chicago Press, 1913. Preface

“David D. Friedman is the one of the most important living anarcho-capitalist philosophers. He has added a philosopher's insistence on consistency to the firm grasp of economic principles he presumably learned at the paternal knees.”

David D. Friedman (1945) American economist, physicist, legal scholar, and libertarian theorist

In The Pragmatist. (1998), Vol.14, p. 77
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“We shall never have a science of economics unless we learn to discern the operation of law even among the most perplexing complications and apparent interruptions.”

William Stanley Jevons The Theory of Political Economy

Source: The Theory of Political Economy (1871), Chapter IV, Theory of Exchange, p. 110.

“In lectures, it is important that you lecture simply. We are interested in the smartest students, and we really should take care of those who have most difficulties to understand certain concepts. I try to balance it.”

Marek Sanak (1958) Polish scientist

Kobos, Andrzej (2012). Po drogach uczonych. 5. Polska Akademia Umiejętności. pp. 317–335. ISBN 978-83-7676-127-5.

“Most important, you learn never to trust a man, even if he seems honest and sincere. You learn how men deceive themselves and how impossible it is to help them without injuring yourself.”

Jack Abbott book In the Belly of the Beast

In the Belly of the Beast (1981)

“In lectures, it is important that you lecture plain. We are interested in the smartest students, and we really should take care of those who have most difficulties with understanding certain concepts. I try to balance it. You know what? In lecturing, Jerzy Vetulani really helped me – listening to his lectures, I learned how to teach correctly, so that the students did not fall asleep after fifteen minutes.”

Jerzy Vetulani (1936–2017) Polish scientist

Marek Sanak, geneticist and molecular biologist, friend and disciple of Vetulani. Kobos, Andrzej (2012). Po drogach uczonych. 5. Polska Akademia Umiejętności. p. 334. ISBN 978-83-7676-127-5.

“Keynes is dead; dynamic programming; Keynes is still dead. That’s the way Stanford graduate economics students recently summed up what they had learned in their core graduate macroeconomics course.”

David Colander (1947) American economist

David Colander, "The Keynesian Method, Complexity, and the Training of Economists" (2009)
2000s

“Most people in the world are poor. If we knew the economy of being poor, we would know much of the economics that really matter. Most of the world's poor people earn their living in agriculture. If we knew the economics of agriculture, we would know much of the economic of being poor.”

Theodore Schultz (1902–1998) American economist

"The Economics of Being Poor," (1979)

“Most students who take introductory economics seem to leave the course without really having learned even the most important basic economic principles.”

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