Quotes About Economics

I still think like a Marxist in many ways.

I'm a Marxist.

The main thing that you learn in grad school, or should learn, is how to think like an economist. The rest is just math.

I would love to see McDonald's pay more money.

No one was talking about price decreases, but that does happen in the industry to keep medicine affordable.

We are willing to consider any rebalancing as long as it's through trade expansion, not through trade restriction. As long as it's about how can we buy more from each other, we're willing to work that way.

Trumponomics is Obamanomics in reverse.

For many, perhaps most, Americans, markets are sacrosanct. Most people in the United States cannot even envision a society that doesn't revolve around an untrammeled market.

We're running out of rich people in this country.

If we lose Saudi Arabia because of sanctions or by avoiding them, they're going to China; they're going to Russia.

By 2015, the top 1 percent of families took home more than 20 percent of income. Wealth distribution was 10 times worse than that: the families in the top 1 percent owned as much as the families in the bottom 90 percent.

From 1931 to 1937, I was a Fellow and Lecturer in Economics at Hertford College, Oxford.

There's always somebody who is paid too much, and taxed too little - and it's always somebody else.

In an ideal world, you could reunite the Pakistan-occupied part of Kashmir with the Indian-occupied part and restore the old borders. You could have both India and Pakistan agreeing to guarantee those borders, demilitarise the area, and to invest in it economically. In a sane world that would happen, but we don't live in a sane world.

Monetary policy is not a panacea.

This paper was one of my digressions into abstract economics.

The mass-market paperback, for one, is too expensive.

Books on their own aren't insanely expensive compared to other things; three large cappuccinos cost more than a paperback, and two and a half gallons of gas cost more than a paperback.

I'm against government-subsidized parking and government-mandated parking.

I know the rule. I know law. I know economics. I know parliament. That's an explosive combination.

The whole idea of a trade deal is to build a fence around participants inside and give them an advantage over the outside. So there's a conceptual flaw in that, one of many conceptual flaws in NAFTA.

Capitalism in and of itself is based on the monetising of human labour, and the first evidence of that is slavery. And that has never changed. We are all participating in that.

The last thing that should come between two willing parties, one that wants to adopt and one that wants to find a home, is economics.

At the end of the day, VCs have to provide their limited partners with great returns, or they aren't going to be able to raise another fund.