“Unlike physics, economists don't settle things. There seems to be plen...” — Adam Davidson Quote

“Unlike physics, economists don't settle things. There seems to be plenty of room for different conclusions that are still accepted in the academy.”

“The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it 'animal spirit.' And if people are feeling generally good about the future, they're more likely to spend money, to start new companies; companies are more likely to hire people, make investments.”

“The economics profession advances by one confusing financial disaster at a time.”

“If there is a flaw in the academy system it's that they try to tell them everything. Kids are taught the same. They look the same. So you're constantly looking for the X factor. It's the hardest thing, that mystical ingredient, instinct, the four-second hit, like/dislike, it can come unbelievably quickly.”

“Ninety percent of the members of the Academy of German Law were not members of the Party.”

“It depends on the generation and gender. The males usually go for 'Police Academy,' and the young women now in their late 20s or so go for 'Punky Brewster.' I am recognized quite frequently because they're still playing that stuff on television!”