Quotes About Economics

Taking money in taxes and paying it straight back in subsidies is wrong.

The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits.

New Labour has deregulated, liberalised and privatised - but every time the private sector fails it is the taxpayer who pays.

Can I say that I think it should be against the law for one state to use taxpayer money to try to bribe businesses in another state to move? Which then causes the target state to use taxpayer dollars to try to bribe the businesses to stay.

Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarceration costs, while providing many billions of dollars in revenue annually.

I know I've saved the taxpayers hundreds of millions of dollars.

Much of what Tea Party candidates claimed about the world and the global economy during the 2010 elections would have earned their adherents a well-deserved F in any freshman economics (or earth science) class.

We teach about how to drive in school, but not how to manage finances.

Our company is working with Disney to create a game for children between the ages of maybe four and 12, so we can teach them what the capitalist system is all about.

To talk about planning an economic system is to talk in old terms, and I find myself sometimes having to teach Westers about what the market really means.

In the fourth grade, my history teacher gave us a project: Why was the auto industry located in Detroit, Michigan? I didn't know I was going to be an economist, but I knew I was going to do something that was involved in answering questions like that one because I thought that was a fascinating question.

In many ways, education is a lousy business. Teachers are not normal economic actors; almost all of them work for less money than they might fetch in some other industry, given their skills and advanced degrees.

I thought I might like to farm. But I didn't know the economics of it. Teachers basically steered me away from it.

If I had my choice, every high school would be teaching financial literacy along with math and science.

In this age of specialization, I sometimes think of myself as the last 'generalist' in economics, with interests that range from mathematical economics down to current financial journalism. My real interests are research and teaching.

I can probably earn more in an hour of writing or even teaching than I could save in a whole week of cooking. Specialization is undeniably a powerful social and economic force. And yet it is also debilitating. It breeds helplessness, dependence, and ignorance and, eventually, it undermines any sense of responsibility.

the task of preserving capitalism was too important to leave to the capitalists.

The task of defending capitalism was still important to leave to the capitalists.

Obamacare has got everyone on edge. I mean, small business - men and women or big business are sitting out there saying we have no idea what this is going to cost, but we know it's going to cost us and cost us a lot.

What you see is when the government gets involved, you run out of money and health care gets rationed.

A farmer in Jhalsu village loses a whole day's earnings if he goes to a bank branch, a couple of km away, for a simple transaction like depositing or withdrawing cash.

Marx never had a steady income or a permanent job or a bank account… But what he couldn't earn for his own family, he won for Millions of others through his writings…

My opponents attitude is, 'If it moves, tax it, if it keeps moving, regulate it and when it stops, subsidize it.

There ain't no such thing as a free lunch.