"Teach a parrot the terms 'supply and demand' and you've got an economist"

This quote by Thomas Carlyle is an amusing method of revealing the idea that economics is a reasonably easy principle. By recommending that a parrot can be taught the terms 'supply and demand', Carlyle is implying that the standard concepts of economics are easy to understand. He is also recommending that financial experts are not always experts in the field, however rather individuals who have a fundamental understanding of the principles of economics. This quote is a pointer that economics is not as made complex as it might appear, which anyone can discover the basics of economics. It is also a reminder that economics is a fundamental part of our lives, and that it is essential to have a fundamental understanding of the principles of economics in order to make informed decisions.