Herbert Stein Quotes

1916 - 1999

US  economist,  member  of  the  Council  of  Economic  Advisers under Nixon, Ford and Reagan.

Consumer: A person who is capable of choosing a president but incapable of choosing a bicycle without help from a government agency.

Washington Bedtime Stories (1979)

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More Herbert Stein Quotes

A few weeks ago I had a revelation and told my secretary that I could give him a synthesis of forty-six years of living with economic policy. It is: 'Economic policy is random with respect to the performance of the American economy, but, thank God, there isn't much of it.'

Herbert Stein
— 1979  Washington Bedtime Stories.

Tags: economics, Ihad, revelation, secretary, give, him, synthesis, fortysix, years

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Whatever may be the distribution of uncertainty among economists, the public only gets to hear from those who have certain opinions.

Herbert Stein
— 1979  Washington Bedtime Stories.

Tags: may, distribution, uncertainty, economists, public, hear, who, certain, opinions

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"If something cannot go on forever, it will stop."

Herbert Stein
— Herb Stein's Unfamiliar Quotations [1]

Tags: something, forever, stop

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