Quotes About Economics

In our modern world of interdependent nations, hardly any state can wage war successfully without raising loans and buying war materials of every kind in the markets of other nations.

concentration of wealth in capitalist countries must inevitably lead to war. That intense concentration—Britain, France, Germany, and the United States together, Lenin noted, controlled nearly 80 percent of the world's financial capital—had reduced the possibility for fresh profits in capitalist countries themselves, including the United States.

Adam Smith would compose the founding text of modern economics— Inquiry Concerning the Wealth of Nations—in a language that was, it is all too easy to forget, a foreign tongue to him.

Faster time meant lower costs, of course, and quicker return on investors' money.

It put the interest of the producers and merchants ahead of that of consumers, who only want low prices and a ready supply of goods. Merchants often prefer the opposite.

Marx's well-worn dictum that the capitalist will sell you the rope you use to hang him with.

So the basis of Aristotle's secure and stable order is not the Philosopher Ruler, but the good citizen who participates actively in the political, social, and economic life of his community.

his real point was not that a market-based order was perfect or even perfectible. Rather, it was more beneficial, and ultimately more rational, than ones put together by politicians or rulers, who are themselves creatures of their own passions and whims.

What I'm not saying is that all government spending is bad. It's not - far, far from it, but there is no free lunch, as a former colleague of mine used to say. There is no public tooth fairy. Father Christmas does not work on the Treasury staff this year. You can never bail someone out of trouble without putting someone else into trouble.

A financier is a pawnbroker with imagination.

Arturo Pérez-Reverte

pues nunca, que yo sepa, hubo verbos que al más avaro le dolieran en la bolsa.

Poor are poor because rich are rich.

History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them.

It is against nature for money to beget money.

For time is the measure of business, as money is of wares.

China needs a powerful Europe, but Europe can only be strong if each and every one of its members attains rapid economic development.

We find that no matter what country we're in, if we hit the right economic notes and appeal to the mass market, we're able to build the business very, very rapidly.

People getting rich in a free society in general - with some scammy exceptions, which are rare - makes everyone else richer, too.

I grew up in financially straitened circumstances and meat, which was expensive, was a rare thing at mealtimes. We ate meat about once a month, if that.

My work rarely comes up in secondary market, so it means that my prices stay low.

Exchange rate understandings are of little use on their own.

The rate of interest acts as a link between income-value and capital-value.

Income should be taxed one time at one rate, not again and again.