Economics Quotes

Top 100 famous quotes & sayings about Economics.

Famous Quotes About Economics

Here are best 100 famous quotes about Economics that you can use to show your feeling, share with your friends and post on Facebook, Instagram, Twitter and blogs. Enjoy your day & share your thoughts with perfect pictures of Economics quotes.

Economics quotes by Lewis Black
#1. And I know this happens because I took economics, and I'd explain it to ya, but I flunked that course. Not my fault. They taught it at 8 o'clock in the morning. And there is absolutely nothing you can learn out of one bloodshot eye. #Quote by Lewis Black
Economics quotes by Michel Chossudovsky
#2. Mainstream economics scholarship produces theory without facts (pure theory) and facts without theory #Quote by Michel Chossudovsky
Economics quotes by Hiroyuki Watanabe
#3. We have a basic notion that unless we find a solution for environmental problems, we will not achieve sustainable growth in the coming years #Quote by Hiroyuki Watanabe
Economics quotes by Joan Robinson
#4. The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future. #Quote by Joan Robinson
Economics quotes by George Osborne
#5. Cutting budget deficits can never be just an exercise in economics. #Quote by George Osborne
Economics quotes by Frank A Thomas
#6. One truth is that racism and oppression is deeply embedded in the American experiment. History has taught that each time blacks have made strides for freedom, there has been backlash, retrenchment, and new forms of subjugation that appear on the American landscape, thus the old oppression in a new guise. The new movement is part of a long historical sweep, and it has taken many lifetimes to get to this point in the struggle. Because of the tenacity of opposition to equality of race and economics in America, we cannot "throw the baby out with the bathwater" by looking upon past struggles and tradition with disdain. Past struggles #Quote by Frank A Thomas
Economics quotes by Matt Taibbi
#7. In the new American ghetto, the nightmare engine is bubble economics, a kind of high-tech casino scam that kills neighborhoods just like dope does, only the product is credit, not crack or heroin. It concentrates the money of the population in just a few hands with brutal efficiency, just like narco-business, and just as in narco-business the product itself, debt, steadily demoralizes the customer to the point where he's unable to prevent himself from being continually dominated. #Quote by Matt Taibbi
Economics quotes by George Bernard Shaw
#8. Reformers have the idea that change can be achieved by brute sanity. #Quote by George Bernard Shaw
Economics quotes by Brandon Sanderson
#9. My dear friend, the entire point of life is to find ways to get others to do your work for you. Don't you know anything about basic economics? - Breeze #Quote by Brandon Sanderson
Economics quotes by Northrop Frye
#10. Separatism is a very healthy movement within culture. It's a disastrous movement within politics and economics. #Quote by Northrop Frye
Economics quotes by Charlie Munger
#11. Berkshire's whole record has been achieved without paying one ounce of attention to the efficient market theory in its hard form. And not one ounce of attention to the descendants of that idea, which came out of academic economics and went into corporate finance and morphed into such obscenities as the capital asset pricing model, which we also paid no attention to. I think you'd have to believe in the tooth fairy to believe that you could easily outperform the market by seven-percentage points per annum just by investing in high volatility stocks. #Quote by Charlie Munger
Economics quotes by Murray Rothbard
#12. Modern economics is a set of formal models and equations purporting to fully determine human behaviour, at least in the economic realm. And there is no way that uncertainty can be compressed into determinate mathematical models. #Quote by Murray Rothbard
Economics quotes by David Amerland
#13. What we learn from behavior economics is that the moment a metric is created it generates an incentive for people to pursue it. #Quote by David Amerland
Economics quotes by Max H. Bazerman
#14. Consider the recent financial crisis and its link to faulty reward systems. President Bill Clinton's objective of increasing homeownership by rewarding potential home buyers and lenders is one example. The Clinton administration "went to ridiculous lengths" to increase homeownership in the United State, promoting "paper-thin down payments" and pushing lenders to give mortgage loans to unqualified buyers according to Business Week editor Peter Coy. #Quote by Max H. Bazerman
Economics quotes by Stephen Hawking
#15. Economics is also an effective theory, based on the notion of free will plus the assumption that people evaluate their possible alternative courses of action and choose the best. That effective theory is only moderately successful in predicting behavior because, as we all know, decisions are often not rational or are based on a defective analysis of the consequences of the choice. This is why the world is in such a mess. #Quote by Stephen Hawking
Economics quotes by Fabrice Grinda
#16. Learn computer science. It's extraordinarily helpful. I like recommending learning economics as well so they think in terms of business, they have rational frameworks for looking at the world, but yeah, computer science is an amazing way to get into, even if you want to be CEO, having a tech background is helpful. #Quote by Fabrice Grinda
Economics quotes by Richard John Neuhaus
#17. Consumerism is, quite precisely, the consuming of life by the things consumed. It is living in a manner that is measured by having rather than being ... and consumerism is hardly the sin of the rich. The poor, driven by discontent and envy, may be as consumed by what they do not have as the rich are consumed by what they do have. The question is not, certainly not most importantly, a question about economics. It is first and foremost a cultural and moral problem requiring a cultural and moral remedy. #Quote by Richard John Neuhaus
Economics quotes by Thomas Carlyle
#18. Respectable Professors of the Dismal Science. #Quote by Thomas Carlyle
Economics quotes by Martin O'Malley
#19. To those who say climate change is not caused by human activity or that addressing it will harm the economy, let's encourage them to go to college, too, and to study physics and to study economics, but for the rest of us, let's get to work. #Quote by Martin O'Malley
Economics quotes by Karel Capek
#20. They all had a thousand good economic and political reasons why they couldn't stop. I'm not a politician or a businessman; how am I supposed to persuade them about these things. What are we supposed to do; quite likely the world will collapse and disappear under water; but at least that will happen for political and economic reasons we can all understand, at least it will happen with the help of science, technology and public opinion, with human ingenuity of all sorts! Not some cosmic catastrophe but just the same old reasons to do with the struggle for power and money and so on. There's nothing we can do about that. #Quote by Karel Capek
Economics quotes by Will Durant
#21. All forms of governments destroy themselves, by carrying their basic principles to excess. Democracies become too free in politics, in economics, in morals – even in literature and art, until at last even the dogs in our homes, rise up on their hind legs and demand their rights. Disorder grows to such a point that society will then abandon all its liberty to anyone who can restore order. #Quote by Will Durant
Economics quotes by Ezra Pound
#22. Two mystic states can be dissociated: the ecstatic-beneficent-and-benevolent, contemplation of the divine love, the divine splendour with goodwill toward others.
And the bestial, namely the fanatical, the man on fire with God and anxious to stick his snotty nose into other men's business or reprove his neighbour for having a set of tropisms different from that of the fanatic's, or for having the courage to live more greatly and openly.
The second set of mystic states is manifest in scarcity economists, in repressors etc.
The first state is a dynamism. It has, time and again, driven men to great living, it has given them courage to go on for decades in the face of public stupidity. It is paradisical and a reward in itself seeking naught further ... perhaps because a feeling of certitude inheres in the state of feeling itself. The glory of life exists without further proof for this mystic. #Quote by Ezra Pound
Economics quotes by Ross Brawn
#23. The enemy of stability can be complacency #Quote by Ross Brawn
Economics quotes by Michael Berryman
#24. And religion causes most of the problems, war, and economics of course, and study your history or you're going to repeat it; and if you're burning a Harry Potter book you need some serious counseling, you don't get it, you're missing the whole point. #Quote by Michael Berryman
Economics quotes by John P. Kotter
#25. Commercial organisations that operate responsibly have benefitted by increased revenues of 682% compared to 166% for those that don't #Quote by John P. Kotter
Economics quotes by Thomas Sowell
#26. The first rule of economics is that there is an infinite number of desires chasing a finite number of goods, services and resources. The first rule of politics is to ignore the first rule of economics. #Quote by Thomas Sowell
Economics quotes by Barack Obama
#27. I put forward a budget of what I called "middle-class economics" that continues to be fiscally prudent but makes necessary investments for us to continue the economic momentum and job growth. #Quote by Barack Obama
Economics quotes by Lee Iacocca
#28. Bad times are indelible. They stay with you forever. #Quote by Lee Iacocca
Economics quotes by Joan Robinson
#29. Where is the pricing system that offers the consumer a fair choice between air to breathe and motor cars to drive about in? #Quote by Joan Robinson
Economics quotes by Judith Ellen Foster
#30. To many a mother's heart has come the disappointment of a loss of power, a limitation of influence when early manhood takes the boy from the home, or when even before that time, in school, or where he touches the great world and begins to be bewildered with its controversies, trade and economics and politics make their imprint even while his lips are dewy with his mother's kiss. #Quote by Judith Ellen Foster
Economics quotes by Also Leopold
#31. One of the anomalies of modern ecology is the creation of two groups, each of which seems barely aware of the existence of the other. The one studies the human community, almost as if it were a separate entity, and calls its findings sociology, economics and history. The other studies the plant and animal community and comfortably relegates the hodge-podge of politics to the liberal arts. The inevitable fusion of these two lines of thought will, perhaps, constitute the outstanding advance of this century. #Quote by Also Leopold
Economics quotes by Samuel Johnson
#32. People need to be reminded more often than they need to be instructed. #Quote by Samuel Johnson
Economics quotes by Diane Coyle
#33. If you don't want to cry about the state of the economy, why not laugh instead? This book is an ideal introduction to the subject for anybody who thinks they ought to understand what's happening around them but is put off by the usual dense text and economics jargon. #Quote by Diane Coyle
Economics quotes by Kenneth E. Boulding
#34. Economics has been incurably growth-oriented and addicted to everybody growing richer, even at the cost of exhaustion of resources and pollution of the environment. #Quote by Kenneth E. Boulding
Economics quotes by Scott Crow
#35. The realizations of anarchist ideas and practices are like sociopolitical ecosystems. Local versions resemble each other, but they are endlessly adaptive and everywhere different to meet their needs in their environments. Anarchism can be adapted to meet the culture, economics, ecology, and politics of various people or communities. That's the beauty of it. #Quote by Scott Crow
Economics quotes by David Attenborough
#36. Many individuals are doing what they can. But real success can only come if there is a change in our societies and in our economics and in our politics. #Quote by David Attenborough
Economics quotes by John Maynard Keynes
#37. Dangerous acts can be done safely in a community which thinks and feels rightly, which would be the way to hell if they were executed by those who think and feel wrongly. #Quote by John Maynard Keynes
Economics quotes by John Maynard Keynes
#38. It economics is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions. #Quote by John Maynard Keynes
Economics quotes by Virginia Postrel
#39. Behind the criticism of fashion as an artistic medium is a highly ideological prejudice: against markets, against consumers, against the dynamism of Western commercial society. The debate is not about art but about culture and economics. #Quote by Virginia Postrel
Economics quotes by Isaac Asimov
#40. Economics is on the side of humanity now. #Quote by Isaac Asimov
Economics quotes by Jason Read
#41. People who dismiss the unemployed and dependent as 'parasites' fail to understand economics and parasitism. A successful parasite is one that is not recognized by its host, one that can make its host work for it without appearing as a burden. Such is the ruling class in a capitalist society. #Quote by Jason Read
Economics quotes by Paul Shepard
#42. All around us, aspects of the modern world - diet, exercise, medicine, art, work, family, philosophy, economics, ecology, psychology - have begun a long circle back toward their former coherence. Whether they can arrive before the natural world is damaged beyond repair and madness destroys humanity, we cannot tell. #Quote by Paul Shepard
Economics quotes by Adam Smith
#43. We rarely hear, it has been said, of the combinations [that is, unions or colluding organizations] of masters, though frequently of those of workmen. But whoever imagines, upon this account, that masters rarely combine, is as ignorant of the world as of the subject. Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor above their actual price. #Quote by Adam Smith
Economics quotes by Judith C. Waller
#44. Economic experts tell us that the women of America spend 80 per cent of the national income, and the largest part of this expenditure is made for the necessities and the small luxuries of life. #Quote by Judith C. Waller
Economics quotes by Nate Silver
#45. Who needs theory when you have so much information? But this is categorically the wrong attitude to take toward forecasting, especially in a field like economics where the data is so noisy. #Quote by Nate Silver
Economics quotes by James Meade
#46. My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the economics of mass unemployment and international economics. #Quote by James Meade
Economics quotes by David Pilling
#47. Only in economics is endless expansion seen as a virtue. In biology it is called cancer. #Quote by David Pilling
Economics quotes by Pranab Mukherjee
#48. In the 1980s, we were advised, why don't you follow Reaganomics or Thatcherite economics. We said, yes, there are good points, let's see how we can fit them in the Indian economy. Every country has its own way of moving forward. #Quote by Pranab Mukherjee
Economics quotes by Edgar Fiedler
#49. Ask five economists and you'll get five different answers - six if one went to Harvard. #Quote by Edgar Fiedler
Economics quotes by Herbert Hoover
#50. Freedom requires that government keep the channels of competition and opportunity open, prevent monopolies, economic abuse and domination. #Quote by Herbert Hoover
Economics quotes by Robert E. Slavin
#51. The principal reason that districts within states often differ markedly in per-pupil expenditures is that school funding is almost always tied to property taxes, which are in turn a direct function of local wealth. Having school funding depend on local wealth creates a situation in which poor districts must tax themselves far more heavily than wealthy ones, yet still may not be able to generate adequate income. For example, Baltimore City is one of the poorest jurisdictions in Maryland, and the Baltimore City Public Schools have the lowest per-pupil instructional expenses of any of Maryland's 24 districts. Yet Baltimore's property tax rate is twice that of the next highest jurisdiction.(FN2) Before the funding equity decision in New Jersey, the impoverished East Orange district had one of the highest tax rates in the state, but spent only $3,000 per pupil, one of the lowest per-pupil expenditures in the state.(FN3) A similar story could be told in almost any state in the U.S.(FN4) Funding formulas work systematically against children who happen to be located in high-poverty districts, but also reflect idiosyncratic local circumstances. For example, a factory closing can bankrupt a small school district. What sense does it make for children's education to suffer based on local accidents of geography or economics?
To my knowledge, the U.S. is the only nation to fund elementary and secondary education based on local wealth. Other developed countries either equalize funding #Quote by Robert E. Slavin
Economics quotes by Peter Ludlow
#52. Something needs to be said about the role of anonymity and digital pseudonyms. This is a topic for an essay unto itself, of course. Are true names really needed? Why are they asked for? Does the nation state have any valid reason to demand they be used? People want to know who they are dealing with, for psychological/evolutionary reasons and to better ensure traceability should they need to locate a person to enforce the terms of a transaction. The purely anonymous person is perhaps justifiably viewed with suspicion. And yet pseudonyms are successful in many cases. We rarely know whether someone who presents himself by some name is "actually" that person. Authors, artists, performers, etc., often use pseudonyms. What matters is persistence and nonforgeability. Crypto provides this. #Quote by Peter Ludlow
Economics quotes by Charlie Munger
#53. It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling to parlay their existing advantage into dominance on the Internet. But it is way less sure [that this will occur] than the certainty 20 years ago that the basic business would grow steadily, so there's more downside risk. The perfectly fabulous economics of this business could become grievously impaired. #Quote by Charlie Munger
Economics quotes by Douglas W. Hubbard
#54. If a measurement matters at all, it is because it must have some conceivable effect on decisions and behaviour. If we can't identify a decision that could be affected by a proposed measurement and how it could change those decisions, then the measurement simply has no value #Quote by Douglas W. Hubbard
Economics quotes by Niall Ferguson
#55. The great thing about behavioural psychology and economics is that they help us to see that there are actually pretty good reasons why human beings swing from greed to fear, and why we're not really calculating machines or utility-maximisers. #Quote by Niall Ferguson
Economics quotes by Beryl Dov
#56. The Economics of Truth
In the popular marketplace, truth is cheap
because its supply always exceeds its demand. #Quote by Beryl Dov
Economics quotes by Frederic S. Mishkin
#57. Politicians have often declared that unbridled competition among financial intermediaries promotes failures that will harm the public. Although the evidence that competition does this is extremely weak, it has not stopped the state and federal governments from imposing many restrictive regulations. #Quote by Frederic S. Mishkin
Economics quotes by Steven Shaviro
#58. [Walmart]s largest innovation consists in getting rid of the central Fordist principle of paying the workers enough so that they can afford to buy what they manufacture. Instead, WalMart has pioneered the inverse principle: paying the workers so little that they cannot afford to shop anywhere other than at WalMart. It might even be said, not too hyperbolically, that WalMart has singlehandedly preserved the American economy from total collapse, in that their lowered prices are the only thing that has allowed millions of the "working poor" to retain the status of consumers at all, rather than falling into the "black hole" of total immiseration. WalMart is part and parcel of how the "new economy" has largely been founded upon transferring wealth from the less wealthy to the already-extremely-rich. #Quote by Steven Shaviro
Economics quotes by Nouriel Roubini
#59. I believe in market economics. But to paraphrase Churchill - who said this about democracy and political regimes - a market economy might be the worst economic regime available, apart from the alternatives. I believe that people react to incentives, that incentives matter, and that prices reflect the way things should be allocated. But I also believe that market economies sometimes have market failures, and when these occur, there's a role for prudential - not excessive - regulation of the financial system. #Quote by Nouriel Roubini
Economics quotes by Richard Davenport-Hines
#60. Experiment and reason, tempered by intuition, were to him preferable to solid plodding in the well-trodden paths of experience. #Quote by Richard Davenport-Hines
Economics quotes by John Kenneth Galbraith
#61. Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised. #Quote by John Kenneth Galbraith
Economics quotes by Peter Van Der Veer
#62. What economists and political scientists today call the "rational choice of individuals," but what Smith called "the individual pursuit of happiness," leads according to this view in a mechanical way to general welfare. As Alexander Pope in his Essay on Man put it: "true Self Love and Social are the same." While this is the foundation of liberal capitalism, Marx's dialectical materialism is not different in its selection of the economy as the prime mover. In this way the economy becomes the most important purpose of society. Fortunately, the economy has laws of causation, or, at least, that is what economists would like us to believe. Statistics are gathered to provide an objectified view of reality that enables social engineering. The individual and the collective are simultaneously put in an economic framework that is secular not in the sense that it is nonreligious, since individuals can rationally pursue religious ends, but in the sense that a God-given order of society has been replaced by an order that is constantly produced by homo economicus" (p. 41). #Quote by Peter Van Der Veer
Economics quotes by George Stigler
#63. The Chicago Economics Department was in intellectual ferment, although the central issues of the 1930's were very different from those in later times. I had never before encountered minds of that quality at close quarters and they influenced me strongly. #Quote by George Stigler
Economics quotes by Mike Harding
#64. Economics, n.: Economics is the study of the value and meaning of J. K. Galbraith ... #Quote by Mike Harding
Economics quotes by Adam Smith
#65. A merchant, it has been said very properly, is not necessarily the citizen of any particular country. #Quote by Adam Smith
Economics quotes by James A. Garfield President Of The United States
#66. Whoever controls the volume of money in any country is absolute master of all industry and commerce. #Quote by James A. Garfield President Of The United States
Economics quotes by Ludwig Von Mises
#67. All index-number systems, so far as they are intended to have a greater significance for monetary theory than that of mere playing with figures, are based upon the idea of measuring the utility of a certain quantity of money. The object is to determine whether a gramme of gold is more or less useful to-day than it was at a certain time in the past. As far as objective use-value is concerned, such an investigation may perhaps yield results. We may assume the fiction, if we like, that, say, a loaf of bread is always of the same utility in the objective sense, always comprises the same food value. It is not necessary for us to enter at all into the question of whether this is permissible or not. #Quote by Ludwig Von Mises
Economics quotes by David Miliband
#68. One of the jewels in the crown of Labour's time in office was the rescue of the National Health Service. As the Commonwealth Fund, the London School of Economics and the Nuffield Foundation have all shown, health reforms as well as additional investment were essential to improved outcomes, especially for poorer patients. #Quote by David Miliband
Economics quotes by Charlie Munger
#69. You must know the big ideas in the big disciplines, and use them routinely - all of them, not just a few. Most people are trained in one model - economics, for example - and try to solve all problems in one way. You know the old saying: to the man with a hammer, the world looks like a nail. This is a dumb way of handling problems. #Quote by Charlie Munger
Economics quotes by Thomas Piketty
#70. The reality is that extreme inequality recurs again and again; to deal with it, societies need institutions capable of periodically redefining and redistributing property rights. The refusal to do so in as transparent and peaceful a manner as possible only increases the likelihood of more violent but less effective remedies. #Quote by Thomas Piketty
Economics quotes by Timothy Snyder
#71. In the euphoria of victory, Nazis tried to organize a boycott of Jewish shops. This was not very successful at first. But the practice of marking one firm as "Jewish" and another as "Aryan" with paint on the windows or walls did affect the way Germans thought about household economics. A shop marked "Jewish" had no future. It became an object of covetous plans. As property was marked as ethnic, envy transformed ethics. If shops could be "Jewish," what about other companies and properties? The wish that Jews might disappear, perhaps suppressed at first, rose as it was leavened by greed. Thus the Germans who marked shops as "Jewish" participated in the process by which Jews really did disappear - as did people who simply looked on. Accepting the markings as a natural part of the urban landscape was already a compromise with a murderous future. You #Quote by Timothy Snyder
Economics quotes by John Kenneth Galbraith
#72. There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations. #Quote by John Kenneth Galbraith
Economics quotes by Hendrith Smith
#73. The permaculture economy embraces themes from natural biospheres to facilitate growth and more life that gives value to and receives value from all lives within the permaculture economy. #Quote by Hendrith Smith
Economics quotes by Karl Marx
#74. The true law of economics is chance, and we learned people arbitrarily seize on a few moments and establish them as laws. #Quote by Karl Marx
Economics quotes by William Stanley Jevons
#75. The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility. #Quote by William Stanley Jevons
Economics quotes by Ludwig Von Mises
#76. Inflation made it possible to divert the fury of the people to 'speculators' and 'profiteers'. Thus it proved itself an excellent psychological resource of the destructive and annihilist war policy. #Quote by Ludwig Von Mises
Economics quotes by Karl Marx
#77. In the social production of their existence, men inevitably enter into definite relations, which are independent of their will, namely relations of production appropriate to a given stage in the development of their material forces of production. The totality of these relations of production constitutes the economic structure of society, the real foundation, on which arises a legal and political superstructure and to which correspond definite forms of social consciousness. The mode of production of material life conditions the general process of social, political and intellectual life. It is not the consciousness of men that determines their existence, but their social existence that determines their consciousness. At a certain stage of development, the material productive forces of society come into conflict with the existing relations of production or – this merely expresses the same thing in legal terms – with the property relations within the framework of which they have operated hitherto. From forms of development of the productive forces these relations turn into their fetters. Then begins an era of social revolution. The changes in the economic foundation lead sooner or later to the transformation of the whole immense superstructure. #Quote by Karl Marx
Economics quotes by Ludwig Von Mises
#78. When the price of coal falls because production has increased while demand has remained unaltered, then, for example, those retailers are involved who have taken supplies from the wholesale dealers at the old higher price but are now able to dispose of them only at the new and lower price. But this alone will not account for all the social changes brought about by the increase of production of coal. The increase in the supply of coal will have improved the economic position of the community. #Quote by Ludwig Von Mises
Economics quotes by Paul A. Baran
#79. But when reason and the study of history began revealing the irrationality, the limitations, and the merely transitory nature of the capitalist order, bourgeois ideology as a whole and with it bourgeois economics began abandoning both reason and history. #Quote by Paul A. Baran
Economics quotes by Albert Laszlo Barabasi
#80. can you tell me where I can find a restaurant where you can eat for nothing?" "My dear man," replied van Schmoller, "there are no such restaurants, but there is a place around the corner where you can have a good meal very cheaply." "Ah," said Pareto, laughing triumphantly, "so there are laws in economics! #Quote by Albert Laszlo Barabasi
Economics quotes by Simon Kuznets
#81. When, over fifty years ago, I first became interested in economics - as a discipline that provided the key to social structure and social problems - it never crossed my mind that one day I might be the honored recipient of a Nobel Memorial Prize. #Quote by Simon Kuznets
Economics quotes by Amartya Sen
#82. If a theory of justice is to guide reasoned choice of policies, strategies or institutions, then the identification of fully just social arrangements is neither necessary nor sufficient. #Quote by Amartya Sen
Economics quotes by Ha-Joon Chang
#83. Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rich as what they are
a simple upward redistribution of income, rather than a way to make all of us richer, as we were told. #Quote by Ha-Joon Chang
Economics quotes by Llewellyn Rockwell
#84. If the people are led to believe that scarce resources are best channeled in a direction that producers and consumers would not choose on their own, the result must necessarily be central planning. #Quote by Llewellyn Rockwell
Economics quotes by Frances O'Grady
#85. The difficulty for the Government is there's this ideological straitjacket of the market will provide, let the market rip and everything will work out ... It's back to trickle-down economics, which, it's plain to see, have not delivered. #Quote by Frances O'Grady
Economics quotes by Albert A. Bartlett
#86. We must realize that growth is but an adolescent phase of life which stops when physical maturity is reached. If growth continues in the period of maturity it is called obesity or cancer. Prescribing growth as the cure for the energy crisis has all the logic of prescribing increasing quantities of food as a remedy for obesity. #Quote by Albert A. Bartlett
Economics quotes by Fidel Castro
#87. The existing world economic order constitutes a system of plundering and exploitation like no other in history. #Quote by Fidel Castro
Economics quotes by Christopher Priest
#88. Civilization on Earth planet was equated with selfishness and greed; those people who lived in a civilized state exploited those who did not. There were shortages of vital commodities on Earth planet, and the people in the civilized nations were able to monopolize those commodities by reason of their greater economic strength. This imbalance appeared to be at the root of the
disputes. #Quote by Christopher Priest
Economics quotes by Pyotr Kropotkin
#89. Of course the no-government ethics will meet with at least as many objections as the no-capital economics. Our minds have been so nurtured in prejudices as to the providential functions of government that anarchist ideas must be received with distrust. Our whole education, from childhood to the grave, nurtures the belief in the necessity of a government and its beneficial effects. Systems of philosophy have been elaborated to support this view; history has been written from this standpoint; theories of law have been circulated and taught for the same purpose. All politics are based on the same principle, each politician saying to people he wants to support him: "Give me the governmental power; I will, I can, relieve you from the hardships of your present life." All our education is permeated with the same teachings. We may open any book of sociology, history, law, or ethics: everywhere we find government, its organisation, its deeds, playing so prominent a part that we grow accustomed to suppose that the State and the political men are everything; that there is nothing behind the big statesmen. The same teachings are daily repeated in the Press. Whole columns are filled up with minutest records of parliamentary debates, of movements of political persons. And, while reading these columns, we too often forget that besides those few men whose importance has been so swollen up as to overshadow humanity, there is an immense body of men - mankind, in fact - growing and dying, livin #Quote by Pyotr Kropotkin
Economics quotes by James C. Scott
#90. Given a choice between patterns of subsistence that are relatively unfavorable to the cultivator but which yield a greater return in manpower or grain to the state and those patterns that benefit the cultivator but deprive the state, the ruler will choose the former every time. The ruler, then, maximizes the state-accessible product, if necessary, at the expense of the overall wealth of the realm and its subjects. #Quote by James C. Scott
Economics quotes by Anthony M. Platt
#91. The working class had imposed upon them a sterile and authoritarian educational system which mirrored the ethos of the corporate workplace. #Quote by Anthony M. Platt
Economics quotes by Janette Rallison
#92. So what were your favorite subjects in school?"
"School?" He leaned back in his chair as though he needed the extra space to think about it. "Probably math. It always made sense. Unlike English, economics, and girls."
"And exactly how do you plan on taking over the free world if you don't understand economics?"
"I'll hire advisers. I'll hire you, in fact."
"Okay. Let me know when your army of junior high zombies is ready. #Quote by Janette Rallison
Economics quotes by J.S.B. Morse
#93. You eat the wealthy, sir, and it will be your last meal. #Quote by J.S.B. Morse
Economics quotes by Leonard E. Read
#94. The lesson I have to teach is this: Leave all creative energies uninhibited. Merely organize society to act in harmony with this lesson. Let society's legal apparatus remove all obstacles the best it can. Permit these creative know-hows freely to flow. Have faith that free men and women will respond to the Invisible Hand. This faith will be confirmed. I, Pencil, seemingly simple though I am, offer the miracle of my creation as testimony that this is a practical faith, as practical as the sun, the rain, a cedar tree, the good earth. #Quote by Leonard E. Read
Economics quotes by John McCain
#95. I'm going to be honest: I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated. #Quote by John McCain
Economics quotes by Ludwig Von Mises
#96. Nonetheless, many people, and especially intellectuals, passionately loathe capitalism. As they see it, this ghastly mode of society's economic organization has brought about nothing but mischief and misery. Men were once happy and prosperous in the good old days preceding the Industrial Revolution. Now under capitalism the immense majority are starving paupers ruthlessly exploited by rugged individualists. For these scoundrels nothing counts but their moneyed interests. They do not produce good and really useful things, but only what will yield the highest profits. They poison bodies with alcoholic beverages and tobacco, and souls and minds with tabloids, lascivious books and silly moving pictures. The "ideological superstructure" of capitalism is a literature of decay and degradation, the burlesque show and the art of striptease, the Hollywood pictures and the detective stories. #Quote by Ludwig Von Mises
Economics quotes by Edmund Phelps
#97. Economics has paid a terrible price for its dalliances with the Keynesian and neoclassical theories. #Quote by Edmund Phelps
Economics quotes by Robert Jordan
#98. Rand had changed a number of laws in Tear, especially those that weighed heavily on the poor, but he had been unable to change everything. He had not even known how to begin. Lews Therin began to maunder on about taxes and money creating jobs, but he might as well have been spilling out words at random for all the sense he made. #Quote by Robert Jordan
Economics quotes by Robert Mundell
#99. In my early days, I wrote my dissertation for MIT at the London School of Economics, really under James Meade, but my dissertation was five chapters on the theory of capital movement, but it didn't mention money. #Quote by Robert Mundell
Economics quotes by Carter G. Woodson
#100. In the schools of business administration Negroes are trained exclusively in the psychology and economics of Wall Street and are, therefore, made to despise the opportunities to run ice wagons, push banana carts, and sell peanuts among their own people. Foreigners, who have not studied economics but have studied Negroes, take up this business and grow rich. #Quote by Carter G. Woodson
Economics quotes by Jim Fowler
#101. The most powerful argument of all for saving open space is economics; in most states, tourism is the number two industry. #Quote by Jim Fowler
Economics quotes by Ludwig Von Mises
#102. Other inflationists realize very well that an increase in the quantity of money reduces the purchasing power of the monetary unit. But they endeavour to secure inflation none-the-less, because of its effect on the value of money; they want depreciation, because they want to favour debtors at the expense of creditors and because they want to encourage exportation and make importation difficult. #Quote by Ludwig Von Mises
Economics quotes by Ellen Cushing
#103. The vast majority of Americans, at all coordinates of the economic spectrum, consider themselves middle class; this is a deeply ingrained, distinctly American cognitive dissonance. #Quote by Ellen Cushing
Economics quotes by Ernst F. Schumacher
#104. It is quite wrong to assume that poor people are generally unwilling to change; but the proposed change must stand in some organic relationship to what they are doing already, and they are rightly suspicious of, and resistant to, radical changes proposed by town-based and office-bound innovators who approach them in the spirit of: "You just get out of my way and I shall show you how useless you are and how splendidly the job can be done with a lot of foreign money and outlandish equipment. #Quote by Ernst F. Schumacher
Economics quotes by John Maynard Keynes
#105. By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft. #Quote by John Maynard Keynes
Economics quotes by Adam Smith
#106. Individual Ambition Serves the Common Good. #Quote by Adam Smith
Economics quotes by Edmund Phelps
#107. When I was in college at Amherst, my father asked me a favor: to take one course in economics. I loved it - for the challenge of its mysteries. #Quote by Edmund Phelps
Economics quotes by David Graeber
#108. Freuchen tells how one day, after coming home hungry from an unsuccessful walrus-hunting expedition, he found one of the successful hunters dropping off several hundred pounds of meat. He thanked him profusely. The man objected indignantly:
"Up in our country we are human!" said the hunter. "And since we are human we help each other. We don't like to hear anybody say thanks for that. What I get today you may get tomorrow. Up here we say that by gifts one makes slaves and by whips one makes dogs.
... The refusal to calculate credits and debits can be found throughout the anthropological literature on egalitarian hunting societies. Rather than seeing himself as human because he could make economic calculations, the hunter insisted that being truly human meant refusing to make such calculations, refusing to measure or remember who had given what to whom, for the precise reason that doing so would inevitably create a world where we began "comparing power with power, measuring, calculating" and reducing each other to slaves or dogs through debt. It's not that he, like untold millions of similar egalitarian spirits throughout history, was unaware that humans have a propensity to calculate. If he wasn't aware of it, he could not have said what he did. Of course we have a propensity to calculate. We have all sorts of propensities. In any real-life situation, we have propensities that drive us in several different contradictory directions simultaneously. No one is more real #Quote by David Graeber
Economics quotes by Eli Siegel
#109. We want people to represent us in politics - and in love and economics too. When people represent us fully, they are ourselves and are not ourselves. When an object is simultaneously the same as and different from the person concerned with it - or considering it - aesthetics is there. #Quote by Eli Siegel
Economics quotes by Andre Gunder Frank
#110. It is ironic that Keynesianism originated as a weapon to combat depression, but became universally accepted and "successful" only during (and because of!) the postwar expansion. At the first sign of renewed world recession, Keynesian theory has proved itself to be a snare and a delusion that has gone into immediate bankruptcy. The resulting "post-Keynesian synthesis" is also the theoretical reason for the reactionary exhumation of the simplistic, neoclassical, and monetarist economic theory of the 1920s. This revival of old theory is highlighted by the award of Nobel prizes in economics to Friedrich von Hayek, whose theoretical work was done before the Great Depression, and Milton Friedman, whose lone voice echoed in the wilderness until the new world economic crisis put his unpopular and antipopulist theories on the agenda of business board rooms and government cabinet rooms in one capitalist country after another. The real reason for the recent interest in fifty-year-old theories is that capital now wants them to legitimize its attack on the welfare state and "unproductive" expenditures on social services, which capital claims to need for "productive" investment in industry, including armaments. #Quote by Andre Gunder Frank
Economics quotes by Thomas Carlyle
#111. Economics is not a gay science. It is a dreary, desolate, and indeed quite abject and distressing one; what we might call, by way of eminence, the dismal science. #Quote by Thomas Carlyle
Economics quotes by Joseph Conrad
#112. All idealization makes life poorer. To beautify it is to take away its character of complexity - it is to destroy it. Leave that to the moralists, my boy. History is made by men, but they do not make it in their heads. The ideas that are born in their consciousness play an insignificant part in the march of events. History is dominated and determined by the tool and the production - by the force of economic conditions. Capitalism has made socialism, and the laws made by the capitalist for the protection of property are responsible for anarchism. No one can tell what form the social organisation may take in the future. Then why indulge in prophetic phantasies? At best they can only interpret the mind of the prophet, and can have no objective value. Leave that pastime to the moralists, my boy. #Quote by Joseph Conrad
Economics quotes by Oscar Wilde
#113. The truth is never pure and rarely simple. #Quote by Oscar Wilde
Economics quotes by Michael Moss
#114. Home economics - kids in school used to be taught how to shop, how to cook from scratch, how to be in control of their diets. Doesn't happen anymore. #Quote by Michael Moss
Economics quotes by Jeremy Lin
#115. I have an economics degree with a minor in sociology. The reason I have that is because I want to do a ministry in urban areas and help with underprivileged kids. #Quote by Jeremy Lin
Economics quotes by Heather Simmons
#116. Those who disrupt their industries change consumer behavior, alter economics, and transform lives. #Quote by Heather Simmons
Economics quotes by Vita Sackville-West
#117. Gardening is a luxury occupation: an ornament, not a necessity, of life ... Fortunate gardener, who may preoccupy himself solely with beauty in these difficult and ugly days! He is one of the few people left in this distressful world to carry on the tradition of elegance and charm. A useless member of society, considered in terms of economics, he must not be denied his rightful place. He deserves to share it, however humbly, with the painter and poet. #Quote by Vita Sackville-West
Economics quotes by Ronald Reagan
#118. Balancing your budget is like protecting your virtue. You have to learn when to say no. #Quote by Ronald Reagan
Economics quotes by Robert Higgs
#119. Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people. #Quote by Robert Higgs
Economics quotes by Murray N. Rothbard
#120. There is no gainsaying the fact that this suggested program will strike most people as impossibly "radical" and "unrealistic"; any suggestion for changing the status quo, no matter how slight, can always be considered by someone as too radical, so that the only thoroughgoing escape from the charge of impracticality is never to advocate any change whatever in existing conditions. But to take this approach is to abandon human reason, and to drift in animal- or plant-like manner with the tide of events. #Quote by Murray N. Rothbard
Economics quotes by Eric Maskin
#121. Perhaps one day earthquakes, hurricanes and financial crashes will all be predictable. But we don't have to wait until then for seismology, meteorology and economics to become sciences; they already are. #Quote by Eric Maskin
Economics quotes by Louis De Bernieres
#122. Out the effects of the former. Do you think I don't understand economics? How many times do I have to #Quote by Louis De Bernieres
Economics quotes by Rose Wilder Lane
#123. Anyone who says that economic security is a human right, has been to much babied. While he babbles, other men are risking and losing their lives to protect him. They are fighting the sea, fighting the land, fighting disease and insects and weather and space and time, for him, while he chatters that all men have a right to security and that some pagan god - Society, The State, The Government, The Commune - must give it to them. Let the fighting men stop fighting this inhuman earth for one hour, and he will learn how much security there is. #Quote by Rose Wilder Lane
Economics quotes by Paul Krugman
#124. Close the weak banks and impose serious capital requirements on the strong ones ... You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs. #Quote by Paul Krugman
Economics quotes by Friedrich Hayek
#125. It is one of the saddest spectacles of our time to see a great democratic movement support a policy which must lead to the destruction of democracy and which meanwhile can benefit only a minority of the masses who support it. Yet it is this support from the Left of the tendencies toward monopoly which make them so irresistible and the prospects of the future so dark. #Quote by Friedrich Hayek
Economics quotes by Graham Greene
#126. In five hundred years' time, to the historian writing the Decline and Fall of the British Empire, this little episode would not exist. There will be plenty of other causes. You and me and poor Jones will not even figure in a footnote. It will be all economics, politics, battles. #Quote by Graham Greene
Economics quotes by Vandana Shiva
#127. The business of grabbing and money-making, through a violent extractive economy that the 1% have built, is burdening the earth and humanity with unbearable and non-sustainable costs, and has brought us to the brink of extinction. We do not have to escape from the earth; we have to escape from the illusions that enslave our minds and make extinction look inevitable. #Quote by Vandana Shiva
Economics quotes by Ludwig Von Mises
#128. Under certain conditions, index numbers may do very useful service as an aid to investigation into the history and statistics of prices; for the extension of the theory of the nature and value of money they are unfortunately not very important. #Quote by Ludwig Von Mises
Economics quotes by Ludwig Von Mises
#129. Hence, the statement that the cost of living is different in different localities only means that the same individual cannot secure the same degree of satisfaction from the same stock of goods in different places. #Quote by Ludwig Von Mises
Economics quotes by Warren Buffett
#130. We try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do. #Quote by Warren Buffett
Economics quotes by John Kenneth Galbraith
#131. If anything is evident about people who manage money, it is that the task attracts a very low level of talent, one that is protected in its highly imperfect profession by the mystery that is thought to enfold the subject of economics in general and of money in particular. #Quote by John Kenneth Galbraith
Economics quotes by Herman E. Daly
#132. The individualism of current economic theory is manifest in the purely self-interested behavior it generally assumes. It has no real place for fairness, malevolence, and benevolence, nor for the preservation of human life or any other moral concern. #Quote by Herman E. Daly
Economics quotes by Joan Robinson
#133. A sure sign of a crisis is the prevalence of cranks. It is characteristic of a crisis in theory that cranks get a hearing from the public which orthodoxy is failing to satisfy. #Quote by Joan Robinson
Economics quotes by David Suzuki
#134. Economics and a reliance on science and technology to solve our problems has led to an unsustainable situation where continued growth in consumption is required for governments and business to be considered successful. This is a form of insanity. Economics is at the heart of our destructive ways and our faith in it has blinded us #Quote by David Suzuki
Economics quotes by Noam Chomsky
#135. There are few genuine conservatives within the U.S. political system, and it is a sign of the intellectual corruption of the age that the honorable term 'conservatism' can be appropriated to disguise the advocacy of a powerful, lawless, aggressive and violent state, a welfare state for the rich dedicated to a lunatic form of Keynesian economic intervention that enhances state and private power while mortgaging the country's future. #Quote by Noam Chomsky
Economics quotes by John Stuart Mill
#136. The only freedom which deserves the name is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain it. Each is the proper guardian of his own health, whether bodily, or mental or spiritual. Mankind are greater gainers by suffering each other to live as seems good to themselves, than by compelling each to live as seems good to the rest. #Quote by John Stuart Mill
Economics quotes by Dave Hickey
#137. My mother was an economics professor. I'm proficient in math, and statistics, game theory, symbolic logic and all of that. #Quote by Dave Hickey
Economics quotes by Barack Obama
#138. What we shouldn't be doing is trying to take away your rights to bargain for better wages or working conditions ... These so-called right-to-work laws, they don't have to do with economics; they have everything to do with politics. What they're really talking about is giving you the right to work for less money. #Quote by Barack Obama
Economics quotes by John Michael Greer
#139. One the one hand, our economists treat human beings as rational actors making choices to maximize their own economic benefit. On the other hand, the same companies that hire those economists also pay for advertising campaigns that use the raw materials of myth and magic to encourage people to act against their own best interests, whether it's a matter of buying overpriced fizzy sugar water or the much more serious matter of continuing to support the unthinking pursuit of business as usual in the teeth of approaching disaster. #Quote by John Michael Greer
Economics quotes by Norbert Wiener
#140. Let us remember that the automatic machine is the precise economic equivalent of slave labor. Any labor which competes with slave labor must accept the economic consequences of slave labor. #Quote by Norbert Wiener
Economics quotes by Richard D. Wolff
#141. To cut 1930s jobless, FDR taxed corps and rich. Govt used money to hire many millions. Worked then; would now again. Why no debate on that? #Quote by Richard D. Wolff
Economics quotes by Yuval Noah Harari
#142. Though it has no intrinsic value – you cannot eat or drink a dollar bill – trust in the dollar and in the wisdom of the Federal Reserve is so firm that it is shared even by Islamic fundamentalists, Mexican drug lords and North Korean tyrants. #Quote by Yuval Noah Harari
Economics quotes by Helen Keller
#143. So long as I confine my activities to social service and the blind, they compliment me extravagantly, calling me 'arch priestess of the sightless,' 'wonder woman,' and a 'modern miracle.' But when it comes to a discussion of poverty, and I maintain that it is the result of wrong economics - that the industrial system under which we live is at the root of much of the physical deafness and blindness in the world - that is a different matter! It is laudable to give aid to the handicapped. Superficial charities make smooth the way of the prosperous; but to advocate that all human beings should have leisure and comfort, the decencies and refinements of life, is a Utopian dream, and one who seriously contemplates its realization indeed must be deaf, dumb, and blind. #Quote by Helen Keller
Economics quotes by Ludwig Von Mises
#144. We can easily imagine a monetary organization which, by the exclusive use of notes or clearing-house methods, allows all transfers to be made with the instrumentality of sums of money that never change their position in space.
If differences due to the geographical position of money are disregarded in this way, we get the following law for the exchange-ratio between money and other economic goods: every economic good, that is ready for consumption (in the sense in which that phrase is usually understood in commerce and technology), has a subjective use-value qua consumption good at the place where it is and qua production good at those places to which it may be brought for consumption. #Quote by Ludwig Von Mises
Economics quotes by Gustave De Molinari
#145. What does a tax do? It takes either from the producer or the consumer a more or less sizable portion of the product destined in part to consumption and in part to savings, in order to apply it to less productive or even destructive ends, and more rarely to savings. #Quote by Gustave De Molinari
Economics quotes by Kenny Smith
#146. American democracy is a chess-game in which pawns imagine themselves to be free individuals with wills of their own: that delusion is one of the rules of the game, without which the game could not continue. I doubt anyone, no matter how sharp and sharp-tongued, could succeed in getting across to high school students how vital an acute mind is for just keeping a grip on one's life and earnings in our mendacious politics and economics. No wonder our school system is devoutly dedicated to demoralizing and blunting such minds. #Quote by Kenny Smith
Economics quotes by Rose Kennedy
#147. More business is lost every year through neglect than through any other cause. #Quote by Rose Kennedy
Economics quotes by Robert Jordan
#148. Nynaeve shook her head. She supposed it was one way to find money for the poor. Simply rob anyone who was not poor. Of course, that would just make everyone poor in the end, but it might work for a time #Quote by Robert Jordan
Economics quotes by Robert Kraft
#149. The greatest decisions I've made in my life are by instinct. I remember when I hired Bill I had a lot of people telling me it was a mistake. But he and I had established a rapport in '96 when he coached the secondary. You need a coach that understands economics, that understands the impact of the salary cap and how to make those difficult decisions that allow you to sustain success over the long term. I don't think there's anyone better than Bill at doing that. #Quote by Robert Kraft
Economics quotes by Nassim Nicholas Taleb
#150. Hard science gives sensational results with a horribly boring process; philosophy gives boring results with a sensational process; literature gives sensational results with a sensational process; and economics gives boring results with a boring process. #Quote by Nassim Nicholas Taleb
Economics quotes by Glenn Beck
#151. I beg you, look for the words 'social justice' or 'economic justice' on your church Web site. If you find it, run as fast as you can. Social justice and economic justice, they are code words. #Quote by Glenn Beck
Economics quotes by Peter Gay
#152. The truth is that the angels of anxiety - those overpowering forces for change in politics, economics, science, morals, and social policy - were at the same time agents for self-confidence. #Quote by Peter Gay
Economics quotes by Polykarp Kusch
#153. To those of you who study history, economics, sociology, literature and language I present the challenge of the utilization of the enormous resources in our grasp to the problem of creating a genuinely good life for yourselves and your children. #Quote by Polykarp Kusch
Economics quotes by Masanobu Fukuoka
#154. Why do you have to develop? If economic growth rises from 5% to 10%, is happiness going to double? What's wrong with a growth rate of 0%? Isn't this a rather stable kind of economics? Could there be anything better than living simply and taking it easy? #Quote by Masanobu Fukuoka
Economics quotes by David L. Weimer
#155. Scholars have long debated whether capital markets lead to appropriate levels of saving and investment for future generations. #Quote by David L. Weimer
Economics quotes by John Stuart Mill
#156. The best state for human nature is that in which, while no one is poor, no one desires to be richer, nor has any reason to fear from thrust back, by the efforts of others to push themselves forward. #Quote by John Stuart Mill
Economics quotes by David Suzuki
#157. There are some things in the world we can't change- gravity, entropy, the speed of light, and our biological nature that requires clean air, clean water, clean soil, clean energy and biodiversity for our health and well-being. Protecting the biosphere should be our highest priority or else we sicken and die. Other things, like capitalism, free enterprise, the economy, currency, the market, are not forces of nature, we invented them. They are not immutable and we can change them. It makes no sense to elevate economics above the biosphere. #Quote by David Suzuki
Economics quotes by Edward Gibbon
#158. The value of money has been settled by general consent to express our wants and our property, as letters were invented to express our ideas; and both these institutions, by giving a more active energy to the powers and passions of human nature, have contributed to multiply the objects they were designed to represent. #Quote by Edward Gibbon
Economics quotes by Aneurin Bevan
#159. We could manage to survive without money changers and stockbrokers. We should find it harder to do without miners, steel workers and those who cultivate the land #Quote by Aneurin Bevan
Economics quotes by Alfred Marshall
#160. Every short statement about economics is misleading (with the possible exception of my present one). #Quote by Alfred Marshall
Economics quotes by John Maynard Keynes
#161. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again. #Quote by John Maynard Keynes
Economics quotes by Vaclav Havel
#162. We still don't know how to put morality ahead of politics, science, and economics. We are still incapable of understanding that the only genuine backbone of our actions-if they are to be moral-is responsibility. Responsibility to something higher than my family, my country, my firm, my success. #Quote by Vaclav Havel
Economics quotes by Gilad Atzmon
#163. Unlike old-fashioned Britain, where Tony Blair recruited Lord Levy to encourage his 'Friends of Israel' to donate their money to a party that was just about to launch a criminal war, in America Alan Greenspan provided his president with an astonishing economic boom. It seems that the prosperous conditions at home divert the attention from the disastrous war in Iraq.
Greenspan is not an amateur economist, he knew what he was doing. He knew very well that as long as Americans were doing well, buying and selling homes, his President would be able to continue implementing the 'Wolfowitz doctrine' and PNAC philosophy, destroying the 'bad Arabs' in the name of 'democracy', 'liberalism', 'ethics', and even 'women's rights'. #Quote by Gilad Atzmon
Economics quotes by Bob Beauprez
#164. President Reagan, Jack Kemp and other advocates of supply-side economics understood that pro-growth tax, spending and economic policies were essential to America's long-term economic and fiscal health. #Quote by Bob Beauprez
Economics quotes by Ben Bernanke
#165. It is not the responsibility of the Federal Bank - nor would it be appropriate - to protect lenders and investors from the consequences of their decisions #Quote by Ben Bernanke
Economics quotes by Russ Roberts
#166. I believe the power of Economics is to help provide a unique lens for looking at the world. #Quote by Russ Roberts
Economics quotes by Mark Russell
#167. When you trick somebody into participating in a small-time fraud, it's called a 'scam.' But when the scam is so big that people have no choice but to participate, it's called 'economics. #Quote by Mark Russell
Economics quotes by Chris Hedges
#168. The words consent of the governed have become an empty phrase. Our textbooks on political science and economics are obsolete. Our nation has been hijacked by oligarchs, corporations, and a narrow, selfish, political, and economic elite, a small and privileged group that governs, and often steals, on behalf of moneyed interests. This elite, in the name of patriotism and democracy, in the name of all the values that were once part of the American system and defined the Protestant work ethic, has systematically destroyed our manufacturing sector, looted the treasury, corrupted our democracy, and trashed the financial system. During this plundering we remained passive, mesmerized by the enticing shadows on the wall, assured our tickets to success, prosperity, and happiness were waiting around the corner. #Quote by Chris Hedges
Economics quotes by Molly Quinn
#169. I really am enjoying my economics class, but I think my favorite course has to be history. #Quote by Molly Quinn
Economics quotes by Henry Ford
#170. We now know that anything which is economically right is also morally right. There can be no conflict between good economics and good morals. #Quote by Henry Ford
Economics quotes by Christina Romer
#171. Tax increases appear to have a very large sustained and highly significant negative impact on output. #Quote by Christina Romer
Economics quotes by Donella Meadows
#172. The first commandment of economics is: Grow. Grow forever. Companies get bigger. National economies need to swell by a certain percent each year. People should want more, make more, earn more, spend more - ever more.
The first commandment of the Earth is: enough. Just so much and no more. Just so much soil. Just so much water. Just so much sunshine. Everything born of the Earth grows to its appropriate size and then stops. #Quote by Donella Meadows
Economics quotes by Sir Henry Roy Forbes Harrod
#173. The institutional arrangement whereby most professional economists are heavily burdened with teaching and administrative duties may militate against a sufficient admixture of the more laborious forms of statistical and field work. #Quote by Sir Henry Roy Forbes Harrod
Economics quotes by Murray N. Rothbard
#174. Taxation is theft, purely and simply even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to match. It is a compulsory seizure of the property of the State's inhabitants, or subjects. #Quote by Murray N. Rothbard
Economics quotes by Paul Krugman
#175. As an economics professor I am by nature inclined to the view that the truth isn't out there, it's in here - that usually you learn a lot more by thinking really hard about the data than you do by sniffing around for supposedly inside information. #Quote by Paul Krugman
Economics quotes by Aldo Leopold
#176. That land is a community is the basic concept of ecology, but that land is to be loved and respected is an extension of ethics. #Quote by Aldo Leopold
Economics quotes by Raymond Pettibon
#177. I really don't see any influence of my work on any artists. But I do think I've had an influence on drawings' being shown. I've had an influence on the economics of it. #Quote by Raymond Pettibon
Economics quotes by Howard Gardner
#178. In biology, the most basic assumptions of evolutionary theory elude otherwise able students who insist that the process of evolution is guided by a striving toward perfection. College students who have studied economics offer explanations of market forces that are essentially identical to those preferred by college students who have never taken an economics course. Equally severe biases and stereotypes pervade the humanistic segment of the curriculum, from history to art. Students who can discuss in detail the complex causes of the First World War turn right around and explain equally complex current events in terms of the simplest "good guy-bad guy" scenario. (This habit of mind is not absent from political leaders, who are fond of portraying the most complicated international situations along the lines of a Hollywood script.) Those who have studied the intricacies of modern poetry, learning to esteem T. S. Eliot and Ezra Pound, show little capacity to distinguish masterworks from amateurish drivel once the identity of the author has been hidden from view. #Quote by Howard Gardner
Economics quotes by Mark Twain
#179. I wasn't worth a cent two years ago, and now I owe two million dollars. #Quote by Mark Twain
Economics quotes by Leon Trotsky
#180. Culture feeds on the sap of economics, and a material surplus is necessary, so that culture may grow, develop and become subtle. #Quote by Leon Trotsky
Economics quotes by Richard Davenport-Hines
#181. He never sat an examination in economics: his knowledge came from pondering problems and discussing them as much as from book-learning. #Quote by Richard Davenport-Hines
Economics quotes by Ludwig Von Mises
#182. The study of economics has been again and again led astray by the vain idea that economics must proceed according to the pattern of other sciences. #Quote by Ludwig Von Mises
Economics quotes by Tyler Cowen
#183. Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life. #Quote by Tyler Cowen
Economics quotes by David Mixner
#184. Getting a traditional pharmaceutical to the market can cost a billion dollars or more. Newer, more tailored and targeted drugs called biologics are even more complex and expensive. Simple economics dictates that companies and venture funds will invest more in products that can generate a sufficient return. #Quote by David Mixner
Economics quotes by Bertolt Brecht
#185. Because things are the way they are, things will not stay the way they are. #Quote by Bertolt Brecht
Economics quotes by Sylvia Plath
#186. To feel the tender skin of sensitive child-fingers thicken; to feel the sex organs develop and call loudly to the flesh; to become aware of school, exams (the very words as unlovely as the sound of chalk shrilling on the blackboard,) bread and butter, marriage, sex, compatibility, war, economics, death and self. What a pathetic blighting of the beauty and reality of childhood. #Quote by Sylvia Plath
Economics quotes by Steve Keen
#187. Economics is too important to leave to the economists. #Quote by Steve Keen
Economics quotes by Murray Rothbard
#188. In order to conquer the world of economics with his new theory, it was critical for Keynes to destroy his rivals within Cambridge itself. In his mind, he who controlled Cambridge controlled the world. #Quote by Murray Rothbard
Economics quotes by Jennifer Weiner
#189. I've always been interested in the economics of reproduction, who gets what they want when it comes to childbearing and how these days, money is a tremendous advantage. #Quote by Jennifer Weiner
Economics quotes by Shawn Achor
#190. One of the very first things students in intro psychology, statistics, or economics courses learn is how to "clean up the data. #Quote by Shawn Achor
Economics quotes by Yuval Noah Harari
#191. The liberal story cherishes human liberty as its number one value. It argues that all authority ultimately stems from the free will of individual humans, as it is expressed in their feelings, desires and choices. In politics, liberalism believes that the voter knows best. It therefore upholds democratic elections. In economics, liberalism maintains that the customer is always right. It therefore hails free-market principles. In personal matters, liberalism encourages people to listen to themselves, be true to themselves, and follow their hearts – as long as they do not infringe on the liberties of others. This personal freedom is enshrined in human rights. #Quote by Yuval Noah Harari
Economics quotes by Dennis Holme Robertson
#192. If economists did not concern themselves with economic efficiency, nobody would. #Quote by Dennis Holme Robertson
Economics quotes by Bill Mech
#193. Even Adam Smith's "invisible hand" occasionally needs a slap on the wrist. #Quote by Bill Mech
Economics quotes by Ibrahim Babangida
#194. There are no doubts that, the situation in the country today, indicates that there is much more work to do in the process of reforming the political economy and improving the quality of life of our people and communities. #Quote by Ibrahim Babangida
Economics quotes by Sophie Kinsella
#195. People used to ask me for advice, and I'd say, 'Please, don't ask me!' Yes, I did economics at Oxford, but that's not the same as having a broad knowledge of personal finance. #Quote by Sophie Kinsella
Economics quotes by Martin Adams
#196. Our inability to share the gifts of nature causes much suffering in the world today... We mistakenly believe that a free market should allow people and corporations to profit from nature, yet we've failed to consider the immense cost to life that occurs whenever people are allowed to reap what they haven't sown at the expense of others. While the privatization of capital can lead to production efficiencies that benefit the entire market, the same can't be said for privatization of nature. Whenever the income stream from nature is privatized, human beings take for themselves the gifts that would better be freely shared with everyone. #Quote by Martin Adams
Economics quotes by Martin Adams
#197. Since people can only be paid for their goods and services or extract rent from society, less income is available to service the payment of goods and services when proportionally more income is used to pay monopolized rent for land. Essentially, whenever property owners collect rent from rising land values, fewer financial resources are left over for wages and capital investments, and this dynamic can effectively put society on the fast track toward social decline and wealth inequality. #Quote by Martin Adams
Economics quotes by Alan Greenspan
#198. If somebody had said to me in June or July of 1987, 'We'd like you to become chairman of the Federal Reserve, but you're never allowed to discuss any economics after you leave,' I'd have said, 'Forget it.' What do they want me to do? Become an anthropologist?' #Quote by Alan Greenspan
Economics quotes by Warren Eyster
#199. Poverty in western Mexico is an Unconditional Sentence. #Quote by Warren Eyster
Economics quotes by Mark Twain
#200. We all do no end of feeling, and we mistake it for thinking. And out of it we get an aggregation which we consider a boon. Its name is public opinion. It is held in reverence. Some think it the voice of God. #Quote by Mark Twain

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