Ben Bernanke: Economics Engine

Posted by admin on Tuesday, January 18, 2022

Ben Bernanke Money Quote saying that learning economics is similar to manufacturing a car while it is being driven. Ben Bernanke said:
 
Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running Quote
 

“Economics is a very difficult subject. I’ve compared it to trying to learn how to repair a car when the engine is running” — Ben Bernanke

 

Share </> Quote Image

Share the Ben Bernanke Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Ben Bernanke is acknowledging that economics is a very challenging field to study and understand. He compares comprehending economics to trying to learn how to fix a car while its engine is running, implying it is difficult to fully analyze an economic system when you are inside it as it is constantly changing and evolving in real-time.

Bernanke seems to be suggesting that the dynamic, fluid nature of economic activity makes the subject difficult to grasp, similar to how repairing a running engine would be complicated.

The quote conveys Bernanke’s view that economics is a complex discipline because the “lab” is the real world economy that cannot be paused for examination like an engine can be turned off.

Quote Search

 

Categories: finance Tagged:

Leave a Reply

You must be logged in to post a comment.

Money Quotes Daily

Money Quotes Daily