Best 930 quotes in «economics quotes» category

Our necessities are few, but our wants are endless.

Over the long term, absent of other barriers, economics always win.

owning capital is not a productive activity.

People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism.

Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.

Plays are getting smaller and smaller, not because playwrights minds are shrinking but because of the economics.

persons, with big wigs many of them and austere aspect, whom I take to be Professors of the Dismal Science… Coining “Dismal Science” as a nickname for Political Economy

Our whole economy is based on planned obsolescence...we make good products, we induce people to buy them, and then the next year we deliberately introduce something that will make these products old-fashioned, out of date, obsolete.

Politics is a continuation of economics by other means

Problems worthy of attacks, prove their worth by hitting back

Profit is not the proper end and aim of management - it is what makes all of the proper ends and aims possible

Protectionism is the institutionalization of economic failure.

Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man.

Resource efficiency - it's about only taking what we need

Respectable Professors of the Dismal Science.

Recommending gastric bypass as a national solution for our diabetes epidemic is bad medicine and bad economics.

Roughly speaking, I think it's accurate to say that a corporate elite of managers and owners governs the economy and the political system as well, at least in very large measure.

Scepticism and refusal of authority is at the heart of scientific endeavour. Scientific knowledge dictates economic possibilities

Science is not enough, religion is not enough, art is not enough, politics and economics are not enough, nor is love, nor is duty, nor is action however disinterested, nor, however sublime, is contemplation. Nothing short of everything, will really do.

Reformers have the idea that change can be achieved by brute sanity.

Science advances funeral by funeral

So, economics should emulate physics' basic ethos, but its search for precision in physics-like formulas is almost always wrong in economics.

So-called austerity, the stoic injunction, is the path towards universal destruction. It is the old, the fatal, competitive path. Pull in your belt is a slogan closely related to gird up your loins, or the guns-butter metaphor.

Software engineering economics.

So we don't need more top-down economics. We've tried that theory. We've seen what happens. We can't afford to go back to it.

Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.

Separatism is a very healthy movement within culture. It's a disastrous movement within politics and economics.

Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere.

Supply creates its own demand.

Target SME's and you target women because that is where they access the business sector.

Stop-Go seemed more sensiblr than using the brake and accelerator at the same time - a practice that later became fashionable.

That economics and finance are often covered as technical subjects, sort of boring subjects, and either you already know a lot about it and you follow it, or you don't know much about it and you don't want to know.

The 20th Century approach to economics, resource depletion and over-consumption means we boom and bust until we bust more than we boom; that is precisely what is happening. In a low growth economy, the true meaning of resource efficiency in business and in everything we do is essential

The addability of the happiness of different subjects is a postulum without which all political reasonings are at a stand

The best and most evolved technologies are those that do not destroy the very base on which we live

The analyses ... often become too competent to be comprehensible.

Studying economics is not a good preparation for dealing with it.

The budget should be balanced not by more taxes, but by reduction of follies.

The barriers that renewables and efficiency face come less from our living in a capitalist market economy and more from not taking market economics seriously.

The consequences for human welfare involved in questions like these are simply staggering: once one starts to think about them, it is hard to think about anything else.

The companies only developed if the state did not intervene in the French fashion. If on the contrary a certain degree of economic freedom was the rule, capitalism moved in firmly and adapted itself to all administrative quirks and difficulties

The department of home economics was organized to train a woman in efficiency and to develop her outlook to life. Such a department is a necessity as a means of developing a society. It stands for the evolution of women's work and place.

The desire to achieve grand utopian plans often poses a grave threat to freedom.

The best of all monopoly profits is a quiet life.

The consequences for human welfare involved in questions about human capital spillovers are simply staggering. Once one starts to think about them, it's hard to think of anything else

The desire for economic prosperity is itself not culturally determined but almost universally shared

The division of labour was limited by the extent of the market

The economics of industrialized countries would collapse if women didn't do the work they do for free: According to economist Marilyn Waring, throughout the West it generates between 25 and 40 percent of the gross national product.

The economics of the security world are all horribly, horribly nasty and are largely based on fear, intimidation and blackmail.

The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.