Quotes About Economics

Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree.

It is true that I am one of the co-authors of 'Nudge,' and I am a behavioral economist, but it does not mean that everything we write about in that book is behavioral economics, nor does it mean that my co-author, the distinguished legal scholar Cass Sunstein, is a behavioral economist.

You can't discuss Macau in any logical conversation. It will distort any reality.

Liberalism is financed by the dividends from Conservatism.

Britain has no divine right to be one of the richest countries in the world.

Why are there not cabs in Edmonton? Why are there cabs in central London but not here? And if they're going to be here, they should be cheaper. And travelcards, they're expensive.

Making anything more labor-intensive makes it more expensive.

While it was an experiment to bring them together, nothing has divided Europe as much as the euro.

Brexit is not only not just about left and right. Brexit is about expertise.

Science explains what nature is doing; money often explains what we're doing.

Europe became rich because it exploited Africa; and the Africans know that.

It makes no economic sense for the U.S. not to have an export credit agency.

I don't think there are any students who should not be exposed to a basic financial literacy course.

The rise of Donald Trump has exposed a deep chasm in America between the haves and have-nots.

The extent to which all people in our society are made to count, and believe that they count, is not just a measure of decency; it makes sound economic sense.

Art does, to some extent, follow economics.

Everybody has to build double-hull tankers, but charterers don't want to pay for the extra costs.

Let's be honest, dental care in America is extremely expensive, period.

Major markets are a key factor in advertise and budgeting decisions.

Whether there is spec buying or not is not the greatest factor in the high cost of pharmaceuticals.

I think it is important that we should be on the side of keeping borders open with respect to trade and movement of factors of production.

If ever there were a place where people not only tend not to face economic facts, but it's almost their purpose not to face economic facts, it's Washington.

The bottom line is that the euro is a failed experiment.

The euro is... a failed currency, a wrong currency, a failed experiment.