Quotes About Economics

I wanted to give money to people like this woman so that they would be free from the moneylenders to sell their product at the price which the markets gave them - which was much higher than what the trader was giving them.

If the other fellow sells cheaper than you, it is called dumping. 'Course, if you sell cheaper than him, that's mass production.

Ask anyone committed to Marxist analysis how many angels dance on the head of a pin, and you will be asked in return to never mind the angels, tell me who controls the production of pins.

It might be said that it is the ideal of the employer to have production without employees and the ideal of the employee is to have income without work.

The East India Company established a monopoly over the production of opium, shortly after taking over Bengal.

It is obvious, moreover, that the formation of price in capitalist society must differ from the formation of price in social conditions based upon the simple production of commodities.

Obama is from this group that resents the private sector, resents the capitalistic means of production.

One likes at the point of production to realize the maximum value, and diamond producers are no different.

When you look at the social cost of carbon - and there is a lot of ambiguity around that - what you also need to be doing is looking at the benefits of carbon and what that has on increased agriculture production.

Individual income can grow only as fast as productivity rises.

We commissioned an independent statutory economic body - the Productivity Commission - to review the possibility of funding a disability scheme. The commission returned with a view that it could. Then it becomes an issue of national will.

Along with the rise of inequality, the slowdown in productivity growth, and the shrinking of the middle class, the spiraling cost of living has become a central facet of American economic life.

Being an economist is the least ethical profession, closer to charlatanism than any science.

We have indeed at the moment little cause for pride: as a profession we have made a mess of things.

The economics profession advances by one confusing financial disaster at a time.

It's a question of economics. If you're paid the same as a man, which now you are in this profession, you're equal.

If a company in Australia has to pay tax and the other one doesn't, of course it's a disadvantage.

I think Naomi Klein was very astute with her book 'Shock Doctrine.' We make money on disaster.

I don't believe in open borders, I don't think that would work. I think economically they're a disaster. Therefore there's nothing wrong with strong borders.

Economics is not a discipline that comes to correct answers - economies are too complex.

I found this out over the years, that racism is a thinly veiled disguise over economics and money. It really is.

The whole industry is so screwed up by economics. It's disgusting to me.

What Disneyland was to my kids at age 10, that's kind of what Chicago is for economists.

This country has so much wealth and so much poverty, and that seemed wrong to me. 'Evicted' was my Ph.D. dissertation.