Best 930 quotes in «economics quotes» category

The Nobel Prize confers on an individual an authority which in economics no man ought to possess.

The one profession where you can gain great eminence without ever being right.

The only answer to the endless chains of why, why, why is that the alternatives died

The perennial gale of creative destruction

The point of studying economics is so as not to be fooled by economists.

The primary reason for a tariff is that it enables the exploitation of the domestic consumer by a process indistinguishable from sheer robbery.

The problem isn't that people don't understand how good things are. It's that they know, from personal experience, that things really aren't that good.

There can be no autonomous agent with unitary interests called 'society' that exerts causal influence. This is a logical impossibility

The problem with the old ideology was that it suppressed the individual by starting with society. But it is from a sense of individual duty that we connect the greater good and the interests of the community

The rate of profit... is naturally low in rich and high in poor countries, and it is always highest in the countries which are going fastest to ruin.

There can be no such thing as 'fairness in taxation.' Taxation is nothing but organized theft, and the concept of a 'fair tax' is therefore every bit as absurd as that of 'fair theft.'

The reason we should do a carbon tax is because it's the right thing to do. It's economics 101, elementary stuff.

There can be economy only where there is efficiency.

There exists no third principle for the organisation of the economics process which can be rationally chosen to achieve any desirable ends, in addition to either a functioning market in which nobody can conclusively determine how well-off particular groups or individuals will be, or a central direction where a group organised for power determines it.

There has always been, and there always will be, an economic cycle.

There is a pressing need to integrate the study of international economics with the study of international politics to deepen our comprehension of the forces at work in the world.

There is a golden thread which runs through British history of the individual, standing firm against tyranny and then of the individual participating in his society

There is always enough for the needy, there is never enough for the greedy.

There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.

There is no such thing as economics, only social science applied to economic problems.

There is no business on a dead planet

There is no single theory that is used in economics that considers the finite nature of resources. It's shocking.

There's no such thing as a free lunch.

There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists.

There's something really special for a young person to sit in an audience and discover somebody, and it's rare to do because so much of a movie's economics are based on pre-existing actors or actresses.

The Sherman Act is similar in the economics sphere to the Bill of Rights in the personal sphere.

There was never anything so well devised by men which in continuance of time hath not been corrupted

The strategy behind the Kyoto Protocol has no grounding in economics or environmental policy.

The study of Indian economics is the study of the spinning wheel.

The study of economics does not seem to require any specialised gifts of an unusually high order.

The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those who do not.

The Tea Party we were told is only about economics; not true. It was always about economics and social issues. They just hid the social issues and now we just see who they really are.

The theory which follows is entirely based on a calculus of pleasure and pain; and the object of economics is to maximize happiness by purchasing pleasure, as it were, at the lowest cost of pain.

The treasury could fill old bottles with banknotes and bury them..and leave it to private enterprises on well-tried principles of laissez-faire to dig the notes up again.

The things that get rewarded, get done

Time is a device to stop everything from happening at once ... space is a device to stop everything from happening in Cambridge.

This is no time to lend money, especially upon bare friendship without security.

The use of mathematics has brought rigor to economics. Unfortunately, it has also brought mortis.

Thinking is a physical process, the human brain is not exempt from evolution

Trade unionism is not socialism. It is the capitalism of the proletariat.

To balance Fortune by a just expense, Join with Economy, Magnificence.

To be controlled in our economic pursuits means to be controlled in everything.

To deal with men by force is as impractical as to deal with nature by persuasion.

Truly environmentalism has displaced economics as the dismal science.

Trickle down economics creates a nation of peons.

Trump's junk economics is the illusion that if we cut the taxes on the wealthiest brackets, it'll all trickle down. But it doesn't trickle down.

Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those at the bottom.

Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done.

[U]nemployment is ... a side effect of the cure for inflation.

War is never economically beneficial except for those in position to profit from war expenditures.