„[New classical economics] was the starting point for a rightward shift in economics that went against the idea that monetary policy can improve macroeconomic outcomes.“


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Gordon Brown photo

„Our new economic approach is rooted in ideas which stress the importance of macro-economics, post neo-classical endogenous growth theory and the symbiotic relationships between growth and investment, and people and infrastructure.“

—  Gordon Brown British Labour Party politician 1951
Michael White, "The gift of tired tongues", The Guardian, 30 September 1994; Norman Macrae, "You've never had it so incoherent", Sunday Times, 2 October 1994. Speech at an economic seminar, Tuesday 27 September 1994.

Charles Wheelan photo
Rebecca West photo

„I had no idea in 1933 what economics was, but I did well in the subject from the start, and when I graduated in 1937 with first class honours LSE gave me a scholarship to do a PhD in industrial economics.“

—  W. Arthur Lewis Saint Lucain economist 1915 - 1991
Lewis (1979). " Sir Arthur Lewis - Biographical http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/1979/lewis-bio.html," cited in: Toporowski, Jan. "Sir William Arthur Lewis (1915–91)." Fifty Key Thinkers on Development (2006): 144.

Leonid Kantorovich photo
James Tobin photo
Paul Krugman photo
Robert Skidelsky photo
Ben Bernanke photo
Samuel Bowles photo
Bertil Ohlin photo

„No authors propounded the ideas of economic liberalism in Sweden during the 1920s as vigorously as did Cassel and Heckscher, and in addition they certainly helped in no mean degree to give actual policy a liberal stamp during that decade.“

—  Bertil Ohlin Swedish economist and politician 1899 - 1979
Bertil Ohlin (1977, p. 15), as cited in: Benny Carlson. The state as a monster: Gustav Cassel and Eli Heckscher on the role and growth of the state. University Press of America, 1994. p. 3.

Benjamin Graham photo
Richard Rumelt photo