Quotes and Sayings About Economics
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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.
-- Adam Smith -
Wherever there is great property, there is great inequality.
-- Adam Smith -
Problems worthy of attacks, prove their worth by hitting back
-- Adam Smith -
Never complain of that of which it is at all times in your power to rid yourself.
-- Adam Smith -
Economists who speak the English tongue are strangely intimidated by mathematical symbols.
-- Al Nichol -
"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.
-- Alan Blinder -
Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
-- Alan Greenspan -
It is in the social sphere, in the realm of politics and economics, that the Will to Order becomes really dangerous.
-- Aldous Huxley -
To balance Fortune by a just expense, Join with Economy, Magnificence.
-- Alexander Pope -
Capital is that part of wealth which is devoted to obtaining further wealth.
-- Alfred Marshall -
Every short statement about economics is misleading (with the possible exception of my present one).
-- Alfred Marshall -
Economies are supposed to serve human ends.. not the other way round. We forget at our peril that markets make a good servant, a bad master and a worse religion.
-- Amory Lovins -
The redistribution of wealth creates dependence on the people to whom it is redistributed, it doesn't incentivize them to create their own wealth.
-- Andrew Napolitano -
Over the long term, absent of other barriers, economics always win.
-- Andy Bechtolsheim -
Economists are about as useful as astrologers in predicting the future (and, like astrologers, they never let failure on one occasion diminish certitude on the next).
-- Arthur M. Schlesinger, Jr. -
The analyses ... often become too competent to be comprehensible...
-- Avinash Dixit -
The more propaganda . . . conservatives spread for capitalist economics while at the same time preaching collectivism morally and philosophically , the more nails they’ll drive into capitalism’s coffin.
-- Ayn Rand -
Everyone has the right to make his own decisions, but none has the right to force his decision on others.
-- Ayn Rand -
People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism.
-- Ayn Rand -
I don't expect to get 100 percent of what I want, but what we can't do is go back to the kind of top-down economics that doesn't work.
-- Barack Obama -
The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.
-- Ben Bernanke -
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
-- Ben Bernanke -
While economics is about how people make choice, sociology is about how they don't have any choice to make.
-- Bertrand Russell -
The "human condition" is always to push forward for the better and economics is the study of that process.
-- Brian Wesbury -
I wasn't actually very naturally good at economics. My brain doesn't work very well, in terms of mathematics.
-- Brit Marling
