Quotes About Economics

Summers was simply a master explainer, able to deftly boil down the complexities of economic and financial, and to put them in terms the non-expert could understand. He was brilliant at cultivating a sense of control, even as events spun far beyond what could be managed with any certainty. He could will into being the confidence that eluded others, those less self-assured and, maybe sensibly, on humbler terms with the world.

Like any business, the oil industry runs on the basic premise of supply and demand. The more supply - the lower the price. The higher the demand - the higher price. In other words, the more people who can buy oil, the higher the price of oil.

Maandag stierf hij, 102 jaar oud: Ronald Coase, de man die zijn afkeer van de wiskundige modellen in de economie aldus formuleerde: 'Als je de gegevens maar lang genoeg martelt, zullen ze toegeven'.

The time has surely gone in which economists could analyze in great detail two individuals exchanging nuts for berries on the edge of the forest and then feel that their analysis of the process of exchange was complete, illuminating though this analysis may be in certain respects.

The richest 1 percent of Americans own more wealth than the bottom 80 percent.177

Great economic inequality inevitably produces injustice in a fallen world; therefore Christians must oppose it.

Are you entitled to the fruits of your labor or does government have some presumptive right to spend and spend and spend?

Government does not tax to get the money it needs; government always finds a need for the money it gets

The best minds in government? If any were, business would hire them away

Republicans believe every day is the Fourth of July, but Democrats believe every day is April 15.

Someone must stand up to those who say, Here's the key, there's the Treasury, just take as many of those hard-earned tax dollars as you want.

There won't be any love to spare in this world as long as there's five francs.

Well. I'm not a poet, I'm just a woman. And as a woman I have no way to make money, not enough to earn a living and support my family. Even if I had my own money, which I don't, it would belong to my husband the minute we were married. If we had children they would belong to him not me. They would be his property. So don't sit there and tell me that marriage isn't an economic proposition, because it is. It may not be for you but it most certainly is for me.

People are ruined by challenged economic lives. But they're ruined by wealth as well because they lose their ambition and they lose their pride and they lose their

French and German manufacturing plants that he

Iss?z bölgelerde ÅŸiddet ekonomik kazan?mla ilgili deÄŸil. KiÅŸisel. Onurunuz için sava??yorsunuz.

Business, to be successful, must be based on science, for demand and supply are matters of mathematics, not guesswork.

Time is money, but money isn't time

Keynes, far from being a wholehearted lover of freedom, viewed with some sympathy the fascist and Communist 'experiments' of the 1930s.

Globalization is a fact, because of technology, because of an integrated global supply chain, because of changes in transportation. And we're not going to be able to build a wall around that.

Jesus Christ is Free Trade and Free Trade is Jesus Christ." Truer words, I believe, were never spoken. If it is God's will that opium be used as an instrument to open China to his teachings, then so be it.

Some day, following the example of men like themselves, said Mr Fraser, the Chinese too would take to Free Trade:

at exactly the time when it has become clear that global warming is in every sense a collective predicament, humanity finds itself in the thrall of a dominant culture in which the idea of the collective has been exiled from politics, economics and literature alike.

Indeed, Greenspan deemed it "fortunate" that "policy decisions in the U.S. have been largely replaced by global market forces," so much so that "national security aside, it hardly makes any difference" whom Americans installed in the White House.9