Law and economics quotes:

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  • You should not forget that without all the work in law and economics, a great part of which has been supported by the John M. Olin Foundation, it is doubtful whether the importance of my work would have been recognized. -- Ronald Coase
  • The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road. -- James Thurber
  • My main interest, however, was in economics, not law. -- Merton Miller
  • 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
  • Moore's law is really about economics. -- Gordon Moore
  • The first law of economics is that when the price goes up, consumption comes down. This is a divine law. -- Ahmed Zaki Yamani
  • "Law professors were never like economics professors," a Harvard Law professor told me. "If you disagreed with someone, you didn't call him a fool." -- Calvin Trillin
  • At a purely practical level, history is important because it provides the basic skills needed for students to go further in sociology, politics, international relations and economics. History is also an ideal discipline for almost all careers in the law, the civil service and the private sector. -- Antony Beevor
  • The most basic law of economics?that one cannot get something for nothing. -- Sir Henry Roy Forbes Harrod
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