Meaning: This humorous quote by George Bernard Shaw, the famous Irish playwright and critic, touches on the often contradictory and inconclusive nature of the field of economics. Shaw's statement implies that economists, if lined up in a row, would never be able to come to a unanimous or definitive conclusion on any given topic. This quote can be interpreted in several ways, shedding light on the complexities and challenges of the study of economics, as well as the diversity of opinions and perspectives within the field.

One interpretation of this quote is that it reflects the inherent subjectivity and uncertainty that exists within the field of economics. Economists often grapple with a wide range of variables and factors that can influence economic outcomes, making it difficult to arrive at a single, definitive conclusion. Economic theories and models are often subject to debate and revision, as new data and perspectives emerge, leading to a lack of consensus among economists.

Furthermore, the quote can be seen as a commentary on the conflicting viewpoints and theories that exist within the field of economics. Different schools of economic thought, such as classical, Keynesian, and neoclassical economics, often present divergent perspectives on how the economy operates and how it should be managed. This diversity of thought can lead to a lack of consensus among economists, as they grapple with competing theories and approaches to understanding and addressing economic issues.

Additionally, the quote may also allude to the ever-changing nature of economic conditions and the challenges of predicting and understanding economic phenomena. Economic systems are dynamic and influenced by a multitude of internal and external factors, making it difficult for economists to reach definitive conclusions about the future trajectory of the economy. This constant flux and uncertainty can contribute to the difficulty of reaching a consensus among economists.

In a broader sense, Shaw's quote can be applied to the broader social and political implications of economic decision-making. Economic policies and decisions often have wide-ranging impacts on society, and the diversity of economic perspectives can lead to conflicting recommendations on how to address economic challenges. This can create challenges for policymakers and leaders seeking clear guidance on how to navigate complex economic issues.

Overall, Shaw's quote humorously captures the complexities and challenges inherent in the study of economics. It speaks to the diverse perspectives and theories within the field, as well as the inherent uncertainty and subjectivity that economists grapple with. By shedding light on the inconclusive nature of economics, the quote encourages a nuanced understanding of the field and the recognition of the diverse viewpoints that contribute to economic discourse.