Economics Quotes

The phenomenon of economic ignorance is so widespread, and its consequences so frightening, that the objective of reducing that ignorance becomes a goal invested with independent moral worth.

The welfare of a people lies not in casting other peoples down but in peaceful collaboration.

Arguing that the only problem with a free market is lack of competition, is like arguing that that the only problem with prostitution is that there aren't enough pimps.

Give me a one-handed Economist. All my economists say 'on hand...', then 'but on the other...

Most of us try to do too much because we are secretly afraid we will not be able to do anything at all.

There's a huge swath of humanity that has developed verbal abilities to extract resources from guilt-ridden people.They used to be priests, and now they're leftists.

We are a society of notoriously unhappy people: lonely, anxious, depressed, destructive, dependent — people who are glad when we have killed the time we are trying so hard to save.

Your comfort zone is a place where you keep yourself in a self-illusion and nothing can grow there but your potentiality can grow only when you can think and grow out of that zone.

Saying that you are moral because you believe in a god is like saying you are an economist because you play monopoly.

An item is only worth what someone is willing to pay for it

Just like how most if not all poor boys look up to and aspire to someday be rich men, most if not all underdeveloped and developing countries look up to and aspire to someday be developed countries.

Localisation stands, at best, at the limits of practical possibility, but it has the decisive argument in its favour that there will be no alternative.

No one cultivates in a stony-ground, instead he cultivates in a soft-rich ground. Do not expect people to invest in you if you're a lazy type.

Man does not know most of the rules on which he acts and even what we call his intelligence is largely a system of rules which operate on him but which he does not know.

REJECTION is kind of your negative ILLUSION which has no value but it’s give you a CLUE to go for next level of your ACTION.

Your VISION and your self-willingness is the MOST powerful elements to conquer your goal

Autumn is a momentum of the natures golden beauty…, so the same it’s time to find your momentum of life

How you think and create your inner world that you gonna become in your outer world. Your inner believe manifest you in the outside

CONFIDENCE is not showing off your VANITY, it’s about to be HUMBLED and KIND to others what are you truly SKILLED and PROFESSIONAL about…

This long-tail distribution of returns is why it's important to be bold. Big winners pay for so many experiments.

The working class had imposed upon them a sterile and authoritarian educational system which mirrored the ethos of the corporate workplace.

If we do not fix education in Africa, we are heading for monumental economic disaster.

The biological equipment of a man rigidly restricts the field in which he can serve.

The energy and daring is to resist the noes, until the final yes has been achieved.

Information transforms and command the keys to uncommon destiny in life.ight information, whether social spiritual or physical remains the hub of every outstanding accomplishment on earth today.

Our faith in freedom does not rest on the foreseeable results in particular circumstances but on the belief that it will, on balance, release more forces for the good than for the bad.

Deep pockets and empty hearts rule the world. We unleash them at our peril.

The paralysis of potential is essential to the manufacturing of victims.

Perhaps he has confused making money with freedom.

Countries adopting free-market capitalism have increased output 70-fold, halved work days and doubled lifespans.

Whenever someone starts talking about 'fair competition' or indeed, about 'fairness' in general, it is time to keep a sharp eye on your wallet, for it is about to be picked.

I will feel no guilt on shutting my door to those who didn't listen.

What nature hath joined together, multiple regression analysis cannot put asunder.

I was quite depressed two weeks ago when I spent an afternoon at Brentano's Bookshop in New York and was looking at the kind of books most people read. Once you see that you lose all hope.

Government succeeds by failing.

The rich control our politics to a huge extend. In return they get tax cuts and deregulation. It's been and is an amazing ride for the rich.

It takes a pillage.

In 1980 candidate Reagan asked whether we were better off than we had been 4 years earlier. In 1992 we will be asked whether we expect our children to live better than we do.

There are only two problems in my life. The political ones are insoluble and the economic ones are incomprehensible.

[Conventional wisdom] very heavily tends to reflect the preferences and the interests of the elite.

I sometimes refer to economics as a woman. To me the subject was always a she. People would ask me why. Easy. She's obviously a woman: all the men are trying to do her, and mostly they're failing.

A woman's income appeal is a bell-shaped curve: men do not want to date low-earning women, but once a woman starts earning too much, they seem to be scared off.

I see entrepreneurship, like many other activities, as a type of mission. A mission by which we can provide better life chances and quality for both our current and future generations.

An artist that makes art merely to meet a demand is a slave to what his patrons wants to see, or, hear.

Because of the collapsing economy of America, it is nearly a mathematical certainty that this ship will soon flounder.

Three things are neededFor humanity to co-exist:Truth, peace and basic needs.Everything else -Is irrelevant.

Our attitude to these criticisms must be determined by our whole moral and emotional reaction to the future of international relations and the Peace of the World.

Entrepreneurial capitalism takes more people out of poverty than aid.

Money can cloud your vision. Sometimes, God takes away the money and uses times of adversity to refine us like gold.

Your money myth affects your gain and luck.In economics, illusion of money affects wealth.