Canadian Economist Quotes

William Vickrey

Stephen Leacock

Harold Innis

Myron Scholes

Henry Mintzberg

Jacob Viner

Mark Carney

Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income or in terms of an enhanced quality of life.

William Vickrey

While Financier George Soros was investing money in Kosovo's reconstruction, the George Soros Foundation for an Open Society had opened a branch office in Pristina establishing the Kosovo Foundation for an Open Society (KFOS) as part of the Soros' network of "non-profit foundations" in the Balkans.

Michel Chossudovsky

Long ago I discovered that there was more to life than cricket, and more to cricket than runs and wickets.

We must appraise civilization in relation to its territory and in relation to its duration. The character of the medium of communication tends to create a bias in civilization favourable to an over-emphasis on the time concept or on the space concept and only at rare intervals are the biases offset by the influence of another medium and stability achieved.

As for politics, well, it all seemed reasonable enough. When the Conservatives got in anywhere, [Judge] Pepperleigh laughed and enjoyed it, simply because it does one good to see a straight, fine, honest fight where the best man wins. When a Liberal got in, it made him mad, and he said so,-not, mind you; from any political bias, for his office forbid it,-but simply because one can't bear to see the country go absolutely to the devil.

Stephen Leacock

It is time to recognize conventional MBA programs for what they are - or else to close them down. They are specialized training in the functions of business, not general educating in the practice of management.

Henry Mintzberg

Now it is time to encourage the BIS and other regulatory bodies to support studies on stress-test and concentration methodologies. Planning for crises is more important than VAR analysis.

Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. … In developed capitalist economies, private consumption spending accounts for half or more of GDP.

I did, and still do, think that New Classical Economics has quite a bit in common with the Austrians (so did Robert Lucas, and I am surprised to find that I did not refer to this in the early 1980s, so I was either careless or did not know about it until a bit later).

Trust arrives on foot but leaves in a Ferrari. After the Ferrari screeched out of the parking lot in 2008, what steps have been taken to rebuild trust?

Reality looks much more obvious in hindsight than in foresight. People who experience hindsight bias misapply current hindsight to past foresight. They perceive events that occurred to have been more predictable before the fact than was actually the case.

Men are not narrow in their intellectual interests by nature; it takes special and rigorous training to accomplish that end.

The rule in the women's colleges was that after 7 p.m. all men were beasts. Up until 7 p.m. they were all angels, and the girls simply had to learn to live with that routine and practise love in the afternoon.

Harry Gordon Johnson

Much will have to change in Canada if the country is to stay the same.

Abraham Rotstein