Best 930 quotes in «economics quotes» category

In the history of modern capitalism, crises are the norm, not the exception.

Intrinsic value follows meaning follows form follows economics follows function follows more economics follows market research.

I started to read as obsessively about Star Wars as I once did about Kant - and still do about behavioral economics and behavioral psychology.

Investing is the intersection of economics and psychology.

Investment is a flighty bird which needs to be controlled.

I think anytime that you go to the extreme of any mode of economics, be it capitalism or communism, you have these feedback mechanisms that make the system turn in on itself.

It is almost as if the human brain were specifically designed to misunderstand Darwinism, and to find it hard to believe

It at once struck me that under these circumstances favourable variations would tend to be preserved, and unfavourable ones to be destroyed.

I think we're miserable partly because we have only one god, and that's economics.

It is in the social sphere, in the realm of politics and economics, that the Will to Order becomes really dangerous.

It is easy to be compassionate with other people's money

It is much more difficult to measure non-performance than performance. Performance stands out like a ton of diamonds. Non-performance can almost always be explained away

It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.

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

It is one of history's great ironies that capitalists built decent and humane societies on the basis of an amoral approach to the economics of pricing, whereas socialists built exploitative and inhumane societies on the basis of a morally inflamed approach to economics.

It's a fundamental aspect of the free enterprise system and economics: If there's no penalty associated with increased costs, why not lay on increased costs?

...it is distressing how often one can guess the answer given to an economic question merely by knowing who asks it.

It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.

It’s not about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line.

It is useful that while mankind are imperfect there should be different opinions, so is it that there should be different experiments of living; that free scope should be given to varieties of character, short of injury to others.

It's the economics, that's why opera is not dying but gets more and more difficult to put on.

I've been a faithful reader of the great classical documents of economics, or tried to be.

I would say that reproductive freedom comes first, then violence and economics.

"Law professors were never like economics professors," a Harvard Law professor told me. "If you disagreed with someone, you didn't call him a fool.

I would never make a good economist. You know, an economist is a man that can tell you anything about — well, he will tell you what can happen under any given condition — and his guess is liable to be as good as anybody else's, too.

Life results from the non-random survival of randomly varying replicators. The watchmaker is blind

Leadership produces change. That is its primary function

It's better to ask the right questions than accept the status quo

Looking back, I should have pursued philosophy and economics and things of that sort in college more, but I didn't.

Lunches don't get free just because you don't see the prices on the menu. And economists don't get popular by reminding people of that.

Mainstream economics scholarship produces theory without facts ("pure theory") and facts without theory ("applied economics").

Man does not live by GNP alone.

Marshall's crime is to pretend to handle imperfect competition with tools only applicable to perfect competition.

Long run is a misleading guide to current affairs. In the long run we are all dead.

Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor.

Marxian exploitation is the exploitation of people's lack of understanding of economics.

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.

Men will tell you sometimes that "money's hard." That shows it was not made to eat, I say.... Some of those who sank with the steamer the other day found out that money was heavy too.

Measure what is important, don't make important what you can measure

Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.

Mathematics has given economics rigor, but alas, also mortis.

Most Americans don't know enough about basic economics to fill out one fortune cookie.

Moore's law is really about economics.

Modern economics and the welfare state borrowed heavily on the future.

'Murphys law of economic policy': Economists have the least influence on policy where they know the most and are most agreed; they have the most influence on policy where they know the least and disagree most vehemently.

most economists, like doctors, are reluctant to make predictions, and those who make them are seldom accurate. The economy, like the human body, is a highly complex system whose workings are not thoroughly understood.

My ideal is that we all be economically interdependent. We should not be independent like millionaires, nor dependent like laborers. My ideal is that we all be interdependent.

My friends, that's trickle-down economics, and I believe every worker in America is tired of being trickled on by George W. Bush

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.

Neoclassical economics insists that advertising cannot force consumers to buy anything they don't already want to buy.