I don't believe the economists understand it, even.

And economists don't really understand why nations react differently to the same medicine.

Still, I do not believe that economists understand the business cycle.

Today's economists can look back and understand why they made their judgements, and try to make better ones.

Very few economists saw or understood the growth of the $8tn housing bubble, whose collapse wrecked the economy.

I wish I had more of a sense that other economists understand what is at stake.

If the economists on the committee don't even understand that they should be replaced by ones that do.

The best proof of this is that economists cannot understand why Americans aren't out there "feeling more confident" and spending again.

"The sociologists already knew all this and now we are putting it in a framework that economists can understand."

It is not that economists don't understand the effects that cuts will have.