Quotes About Economics

The single best predictor that a family would go bankrupt was if they had a child.

Misery has made more revolutions than either philanthropy or economics.

To maintain his rule, King Abdul Aziz had to show the people of Saudi Arabia, in material ways, that they were his subjects. Without the funds to do so, his rule would crumble.

Americans pay less for food than do citizens of any other developed nation.

Do you know how much cheaper we could buy that feed if we'd get into the government program?" "The feed wouldn't be cheaper. It'd just mean somebody else was helpin' pay for it, is all.

But even more aggravating to the Russian is the Jewish usurer, who since the Middle Ages has fastened himself like a leach upon producer and consumer, and who, if he does not borrow or lend, begs; and if he does not beg, carries on some suspicious business. A nation within a nation, the Jews are sometimes made the victims of popular hatred; the usually gentle Russians sometimes rise in sudden wrath, and the newspapers report to us dreadful accounts of an assault and murder of Hebrews. Russian

Commerce is like war; its result is patent. Do you make money or do you not make it? There is as little appeal from figures as from battle.

In ancient times, as to-day in Asia and Africa, slaves were simply called slaves. In the Middle Ages, they took the name of "serfs", to-day they are called "wage-earners".

Idealists of all schools, aristocrats and bourgeois, theologians and metaphysicians, politicians and moralists, religionists, philosophers, or poets, not forgetting the liberal economists—unbounded worshippers of the ideal, as we know—are much offended when told that man, with his magnificent intelligence, his sublime ideas, and his boundless aspirations, is, like all else existing in the world, nothing but matter, only a product of vile matter.

I think when you spread the wealth around it's good for everybody.

No party has a monopoly on wisdom. No democracy works without compromise. But when Governor Romney and his allies in Congress tell us we can somehow lower our deficit by spending trillions more on new tax breaks for the wealthy - well, you do the math. I refuse to go along with that. And as long as I'm President, I never will.

If Bible lovers paid as much attention to Leviticus 25 as to Leviticus 18, then we might discover that God is at least as interested in economics as in sex.

Yes. I think the anti-Wal-Mart is Costco, which pays much better and has much better health benefits and which is profitable and offers low prices.

The textile industry was the automobile industry of the Middle Ages,

Those deterrents—the brotherhood of socialists, the interlocking of finance, commerce, and other economic factors—which had been expected to make war impossible failed to function when the time came. Nationhood, like a wild gust of wind, arose and swept them aside. People

The Prime Minister was not the only person unconcerned with odds and ends of this kind. When a German official, foreseeing the change to a long war of attrition, presented Moltke with a memorandum on the need for an Economic General Staff, Moltke replied, "Don't bother me with economics—I am busy conducting a war.

As there would be no more inheritance, there would be no more greed. Peter Kropotkin

some nations have tried to bring about more economic equality in economically harmful ways, not through opening up free markets but through brute use of government power. Making equality a more important goal than overall economic growth is a mistake for a government, because merely distributing the same amount of wealth in different ways does not change the total amount of wealth a nation produces each year, which is the only way that any nation has grown from poverty to prosperity.

Incentives matter. Pay and working conditions matter. This is another reason why economic freedom matters.

No other economic system has brought any country from poverty to prosperity. A free-market system is the only type that offers a workable alternative and resilient counterforce to the failed -isms and systems discussed in the previous chapter.

money. Halfway through that fifth grade year there was no money out on anyone's desk.

The law cannot organize labor and industry without organizing injustice.

That it is logical, fair and reasonable to maintain the purchasing power of an hour's work in terms of goods and services the employee must purchase in his daily living.

In 80% of the world, energy will be bought where it is economic. You have to help the rest of the world get energy at a reasonable price.