Quotes About Economics

The wealth in many large estates has never been taxed because it is largely in the form of unrealized - therefore untaxed - capital gains.

I do not support gambling in this state.

As long as gas is cheaper than bottled water, we can't be in a position of dictating to the consumer what to buy.

Full social and political engagement is impossible without economic empowerment, a point that is as true for women as it is for young people of either gender.

Here in Davos, it is generally assumed that there is now only one god - the market.

Good debt accrues assets that generate positive returns and externalities.

The issues are always the same. Racism, war, poverty, the geography changes.

Our financial system is driven by a giant marketing machine in which the interests of sellers directly conflict with the interests of buyers.

Our friends are happy with the CPEC project, while the enemy is quite unnerved due to this gigantic project.

What the war did was give me the opportunity of three years of continuous reading, and it was in the course of reading that I became convinced that I should become an economist.

Liberal democratic states can't remain globally competitive.

If the U.S. were to not reauthorize the Ex-Im bank, it's in essence unilaterally disarming in a globally competitive environment.

Globally, we need to make sure that markets are open... If we see that there are restrictions on free trade, then simple economic logic will demonstrate that this is not beneficial.

It's political glue inside Europe to keep it together - the euro is the best thing going for it since the creation of the common market.

I really am not a gold fan.

The golden era for coal is over.

The cost of living has gone up another dollar a quart.

When certain people have certain beliefs, they can be unyielding, and that's really what faith is. There's a large place in the world for faith, but when it comes to a scientific, political, and economic issue, dogma is not a very good place to start.

Economies of scale are a good thing. If we didn't have them, we'd still be living in tents and eating buffalo.

The good thing I will say about the Chicago School is that it was always about the world, not about the abstract.

It is always better to tax bad things than good things.

Government is the great fiction, through which everybody endeavors to live at the expense of everybody else.

Merchant and pirate were for a long period one and the same person. Even today mercantile morality is really nothing but a refinement of piratical morality.

If you invest all your energy in economics, world commerce, parliamentarianism, military engagements, power and power politics, -if you take the quantum of intelligence, seriousness, will, and self-overcoming that you embody and expend it all in this one direction, there there won't be any left for the other direction. Culture and the state - let us be honest with ourselves - these are adversaries.