Economics Quotes

It's easy to make money when you have a lot of it.

Adapt and adopt the peer-to-peer and open source models to wider implementation in organisations

CEOs should be measured by the value they create into the community, the shareholders and the members of the company.

There is no economic law that says that everyone, or even most people, automatically benefit from technological progress.

Bad economics teaches that computers can design markets. Good economics teaches that markets can design computers.

They ask - "How much money is too much money?"The answer always is - "A little more!

Ban short-selling, high speed trading and all other instruments of pure speculation

In the Soviet Union you weren’t allowed to speak out against the government. In the US you cannot speak out against sponsors.

Even Adam Smith's "invisible hand" occasionally needs a slap on the wrist.

Nothing is easier to achieve than full employment, once it is divorced from the goal of full production and taken as an end in itself

What's good about growth? Why is it intrinsically good?

Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.

Knowledge is the best economy we can have.

Imagine the big rating agencies as three competitive saloons standing side by side, with each free to set its own drinking age. Before long, nine-year-olds would be downing bourbon

The advertising industry's prime task is to ensure that uninformed consumers make irrational choices, thus undermining market theories that are based on just the opposite.

No credit--no debt. Credit leads a man into temptation. Cash down is the only thing that will deliver him from evil.

IMF is really designed to protect creditors not debtors.

The failure of the roman system to furnish decent minimal standards for the mass of people was a fundamental cause of instability, both political and economic.

Anger and fear are disabling trait behaviours, instilled in the opponent with care.

The only true and sustainable prosperity is shared prosperity.

95% of economics is common sense

But the economy's out of control. Money just doesn't need human beings anymore. Most of us only get in the way.

They (economists) must set aside their contempt for other disciplines and their absurd claim to greater scientific legitimacy, despite the fact that they know almost nothing about anything.

Intellectually and compassionately explaining the reason freedom works is required for credibility.

Economic experts tell us that the women of America spend 80 per cent of the national income, and the largest part of this expenditure is made for the necessities and the small luxuries of life.

The life of man is so short that ordinary people simply cannot afford to be born

Talent, just like gold or any other precious commodity is subject to the same demand & supply economics

Labor is sacrificed on the inflation rates altar of oblation.

Here’s the solution. We need a CO2 tax, revenue-neutral, to replace taxation on employment, which was invented by Bismarck — and some things have changed since the 19th Century.

In this century, we are about to enter interplanetary civilization.In order to survive, we need to go beyond neoclassical economics definition.We define it as interplanomics.

A good accountant is someone who told you yesterday what the economists forcast for tomorrow

We could manage to survive without money changers and stockbrokers. We should find it harder to do without miners, steel workers and those who cultivate the land

Mathematics brought rigor to economics. Unfortunately it also brought mortis.

Ideology follows the money.""Governments don't protect people, people protect governments.""To accept the legitimacy of the state is to embrace the necessity for war.

Be they pharaohs or freeholders, barons or farmers, landowners have been the most capable, most intrepid, and most assertive members of civilized society.

The financial markets are not to be trusted. They expect to be given free reign to make huge profits while the sun is shining, but hasten to the shelter of the state when the skies darken.

All love is socioeconomic. It’s the gradients in status that make arousal possible.

Savings, remember, is the prerequisite of investment.

the euro, it seems, is stuck in a political no man's land – trapped between two opposing world views. And the battleground is not economics, but ethics.

Life is like a curve, horizontally or vertically, we are at origin point

Complexity is not an aesthetic criterion. It is a quality associated only with division and organization of labor.

[Economics] is all about observing the world with genuine curiosity and admitting that it is full of mysteries

The experience of history should lead us to hope and strive to make the world better, not to despair and resign ourselves to fate.

In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.

The economic base of a nation, is the foundation of the it's secrets.

My fellow economists and academics fail to understand the economics of trade in the real world. Traditional models of academia respect free trade without considering whether it is fair trade.

Economics is mostly how humans rationalize who gets what and why. It's how we instantiate our preferences about status, privileges, and power.

I can't think of a president who has been overburdened by a knowledge of economics.

Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable.

Economics has become as riveting as politics.