Quotes About Economics

This empire, unlike any other in the history of the world, has been built primarily through economic manipulation, through cheating, through fraud, through seducing people into our way of life, through the economic hit men. I was very much a part of that.

It isn't about changing the mechanics of economics. It is about changing the ideas, the dogmas that have driven economics for centuries: debt and fear, insufficiency, divide and conquer.

Do the math. America allows about one million two hundred thousand abortions per year. According to the Guttmacher Institute, the average cost of an abortion in 2001, the last year for which data was provided by aborters, was $468.00, so by now the average cost exceeds $600. Multiply the number of abortions times the costs of an abortion. That exercise will yield a total of 'blood money' every year in America of close to a billion dollars ($1,000,000,000.00).

they were, it is now obvious, a tiny minority, who had neither the ruthless political skills nor the popular support they needed to triumph. The vast bulk of the protestors knew nothing of political ideology. They were brought into the streets, not by a burning desire for free and fair elections, but by the dire economic circumstances

Paradoxically, therefore, as economics becomes more truly scientific, it will become less of a science. Acknowledging these limitations will free it to serve us once more.

Money begets money.

Gross National Happiness is more important than Gross Domestic Product. attr to Buthan's King Jigme Singye Wangchuck

Commerce in itself may favour peace, but when commerce is artificially shut out by a decree of Government from some promising territory, then commerce just as naturally favours war.

Getting Back To Even – Your Personal Economic Recovery Plan

There is a hypothetical maximization of income, constrained by individuals and of cost constrained profits of firms. Keynesean

Large fortunes are all founded either on the occupation of land, or lending or the taxation of labor.

People cannot live by lending money to one another.

You can either invade a country or leave them alone and trade with them. When goods cross borders, armies don't.

In a world where millions of people make complex economic decisions, often what "feels right" makes for bad policy.

When America began, government cost every citizen $20 (in [2003] money) per year. Taxes rose during wars, but for most of the life of America, spending never exceeded a few hundred dollars per person. During World War II, government got much bigger. It was supposed to shrink again after the war but never did. Instead, it just kept growing. Now the federal government costs every man, woman, and child an average of $10,000 per year.

the pressure of population on subsistence, and on this question there is much to be said for Socialism; what was long thought to be its weakest point will, perhaps, prove to be one of its strongest.

Ought we therefore to lay on no taxes, and, under whatever provocation, make no wars?

Whatever renders a larger capital necessary in any trade or business, limits the competition in that business.

La condición estacionaria del capital y de la población no implica un estado estacionario del mejoramiento humano. Habría muchas oportunidades para todo tipo de mentalidades culturales, para el progreso moral, social, para perfeccionar el arte de vivir si las mentes dejasen de centrarse en el arte de medrar" Principios de Economía Política

there was hardly any economic justification for going much higher than the originally planned fifty-five or sixty-five stories on the Empire State site. And Shreve knew that. Raskob, however, wanted something taller still. A proposed building of seventy, even eighty stories would make news and bring his project publicity

The publicists of mass-production economics have successfully altered public taste to believe it doesn't make sense to repair something old when for the same price you can have something new.

Wage-slaves, free in name only, are much cheaper to exploit, and work harder than slaves.

Global economics does not speak to the public need for meaningful work, affordable housing, fulfilling education, adequate medical care, a clean environment, honest and accountable government, social and cultural renewal, or simple justice. All global ambitions are based on a definition of productivity and the good life

Class is material consumed.