Economics Quotes
Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary.
You always want to try to make something new, and, of course, America is the world leader in economics today.
It's critical to have a sound foundation in free-market economics and the Constitution. A great many Republicans in Washington don't have that foundation.
The doctrine of population has been conspicuously absent, not because I doubt in the least its truth and vast importance, but because it forms no part of the direct problem of economics.
Companies that start by redesigning the economics of an industry often finish by redesigning the whole industry-and owning it.
I think economics, content, and the ability to interact with content in new and different ways are what will drive the adoption of e-books.
Marshall Jevons is the pioneer for integrating economics and detective fiction, and The Mystery of the Invisible Hand is another fine effort in this genre.
The lnternet is turning economics inside-out. For example, everybody on the internet now wants stuff for free and there are so many free services available.
The Robert Mugabe school of economics provides a salutary warning about uncontrolled monetary expansion in generating hyper-inflation. The road to Harare is not as long as we might hope.
We're facing a danger that economics is rigorous deduction based upon faulty assumptions. Science after science gets that way from time to time. When it does, we're in real trouble.
According to the Institute for International Economics, trade barriers cost American consumers $80 billion a year or more than $1,200 per family.
Waiting for supply-side economics to work is like leaving the landing lights on for Amelia Earhart.
When a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact.
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.
I have the same confidence in the ability of our people to reject noxious literature as I have in their capacity to sort out the true from the false in theology, economics, or any other field.
This is no time to lend money, especially upon bare friendship without security.
We shall never have a science of economics unless we learn to discern the operation of law even among the most perplexing complications and apparent interruptions.
Teachers have power. We may cripple them by petty economics; by Government regulations, by the foolish criticism of an uninformed press; but their power exists for good or evil.
By buying the power of the workman, the capitalist has, therefore, acquired the right to use of make that labouring power during the whole day or week.
The values of commodities are directly as the times of labour employed in their production, and are inversely as the productive powers of the labour employed.
Extreme inequality and financial crisis usually coincide. But the elite who cause it usually come out OK. And they are usually man.
The problem was how to keep the wheels of industry turning without increasing the real wealth of the world. Goods must be produced, but they must not be distributed.
The three wealthiest people in the world own more than the GDP of forty-eight countries!
Exchange, fair or unfair, always presupposes and includes the rule of the bourgeoisie.
Anything which is physically possible can be made financially possible, if the people of a state desire it.
We must achieve both security and solvency. In fact, the foundation of military strength is economic strength,
Oil may run out, liquidity may dry up, but as long as ink flows freely, the next chapter of Life will continue to be written.
In the same way that central banking nearly wrecked the world and created one calamity after another, bitcoin can save the world one transaction at a time.It is time for a new beginning.
Socialism is an alternative to capitalism as potassium cyanide is an alternative to water.
I was reading in the paper today that Congress wants to replace the dollar bill with a coin. They’ve already done it. It’s called a nickel.
Government should never be able to do anything you can't do. If you can't steal from your neighbor, you can't send the government to steal for you.
Recall that the minimum wage was initially conceived as a method to exclude undesirables from the workforce.
There are two and only two ways that any economy can be organized. One is by freedom and voluntary choice—the way of the market. The other is by force and dictation—the way of the State.
No man can rightfully be required to join, or support, an association whose protection he does not desire.
The demoralization that the debasement of the currency left in its wake played a major role in bringing Adolf Hitler into power in 1933.
If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers.
Liberty should be understood as freedom from the government, specifically, freedom from the initiation of physical force by the government.