Quotes About Economics

To nations holding large amounts of that particular currency in their reserve vaults, the effects of the devaluation is the same as if the vaults had been burglarized.

Ist doch mal wieder typisch dafür, wie es auf der Welt zugeht: Die Leute, die Bücher lieben, können sie sich nicht leisten, während die Leute, die genügend Geld haben, Betriebswirtschaft studieren, damit sie noch mehr Geld einsacken und dafür sorgen können, dass die Buchleser auch in Zukunft machtlos bleiben. Dem armen Volk bleibt nur die öffentliche Bibliothek.

The materialist philosophy says that in a godless world all we need do to overthrow the laws of economics and the limits of human nature is shed enough blood and make enough sacrifices of other innocent people, and the mouths of endless cornucopias will be opened. You cannot make an omelet without a genocide of innocent eggs, and without Walter Duranty to get a Pulitzer for lying his ass off about it.

The message is clear: in the long run, stock returns depend almost entirely on the reality of the investment returns earned by our corporations. The perception of investors, reflected by the speculative returns, counts for little. It is economics that controls long-term equity returns; emotions, so dominant in the short-term, dissolve.

like sales margins or profits. In the short-term, stock prices

Veblen called it the price-system. Mills called it the Power Elite. It's probably no more than ninety-nine people who don't know what they are doing. They're involved in high finance. Fascinating form of gambling.

Relying on the market to provide both private and public goods will always lead to underprovision of the latter.

We must look at the price system as . . . a mechanism for communicating information if we want to understand its real function," Hayek

Economics, when you strip away the guff and the mathematical sophistry, is largely about incentives.

The movies have got more corporate, they're making fewer movies in general, and those they are making are all $200-$300m tent-pole releases that eat up all the oxygen.

By the twentieth century, when the individual had replaced the family as the primary economic unit, the tie between sexuality and reproduction weakened further. Influenced by psychology as well as by the growing power of the media, both men and women began to adopt personal happiness as a primary goal of sexual relations. Various

As long as politics is the shadow of big business, the attenuation of the shadow will not change the substance.

I haven't heard of anybody who wants to stop living on account of the cost.

One of the strangest things about life is that the poor, who need the money the most, are the ones that never have it.

You can't just read the Koran to understand Muslim life. You have to look at history, at personalities, at economics, and so on.

I wrote on my desk wall when I was writing the film...'Art is socialism, but life is capitalism.' That's the hard thing in all of it if you expect to make a living.

One way to solve the traffic problem is to keep all the cars that are not paid for off the streets.

[Woman's] life-long economic parasitism has utterly blurred her conception of the meaning of equality.

I live my life through the prism of capitalism and physiological limits and eventualities.

Markets cant think about anything beyond about three months. This is very long-term for markets, which is why the important things in life have got to be taken outside of the marketplace.

In its present terms, the global system values property over human life.

It seems to me probable that of all our economic life the element on which we are inclined to place too low an estimate is advertising.

Progressivism is essentially about privatizing morality and socializing the costs of immorality, in such a way that big business can profit from the former and big government can profit from the latter.

The average adult slave cost about 1,200 dollars in 1860, the equivalent to about 24,000 dollars today, so the 5,500 enslaved people of Augusta were worth over 6 million dollars to their owners, equal to 120 million dollars today.