"An economist is a man who states the obvious in terms of the incomprehensible"
About this Quote
The joke lands because it reverses the usual hierarchy of expertise: the economist, supposedly hired to clarify messy reality, becomes a translator who makes the plain sound profound by making it hard to understand. Knopf, a publisher whose whole trade depends on intelligibility and persuasive prose, is taking a clean shot at a rival form of authority: not the novelist or essayist who wins you through language, but the credentialed specialist who wins you through opacity.
The intent isn’t merely to dunk on economists as bad writers. It’s to expose a social bargain. If a field can wrap common sense in dense abstraction, it can sell inevitability. “The market will correct” becomes “general equilibrium.” “People respond to incentives” becomes “rational choice under constraints.” The subtext is about power: incomprehensibility isn’t a bug; it’s a moat. It filters who gets to speak, who gets to argue back, and who is forced to take conclusions on faith.
Coming from Knopf’s era - when economics was professionalizing fast, mathematizing after the Depression and into the postwar state - the line reads like a publisher watching public life tilt toward technocracy. Expertise is necessary, but the quote needles the way expertise performs itself: jargon as ceremony, models as vestments, prediction as a kind of moral alibi. Knopf’s wit is old-school and pointed: if you can’t explain it, maybe you’re not seeing more than the rest of us. Or maybe you are - and you’d rather we didn’t notice how the argument is being laundered through language.
The intent isn’t merely to dunk on economists as bad writers. It’s to expose a social bargain. If a field can wrap common sense in dense abstraction, it can sell inevitability. “The market will correct” becomes “general equilibrium.” “People respond to incentives” becomes “rational choice under constraints.” The subtext is about power: incomprehensibility isn’t a bug; it’s a moat. It filters who gets to speak, who gets to argue back, and who is forced to take conclusions on faith.
Coming from Knopf’s era - when economics was professionalizing fast, mathematizing after the Depression and into the postwar state - the line reads like a publisher watching public life tilt toward technocracy. Expertise is necessary, but the quote needles the way expertise performs itself: jargon as ceremony, models as vestments, prediction as a kind of moral alibi. Knopf’s wit is old-school and pointed: if you can’t explain it, maybe you’re not seeing more than the rest of us. Or maybe you are - and you’d rather we didn’t notice how the argument is being laundered through language.
Quote Details
| Topic | Witty One-Liners |
|---|---|
| Source | Help us find the source |
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