Quotes About Economics

I ain't a Communist necessarily, but I been in the red all my life.

I think one of the most important facts of basic income would be that it's not only a redistribution of income, but also of power. So the cleaners and bin men would have a lot more bargaining power.

For every $10 you reduce the price of the smartphone, 100 million more people will buy them.

3D printing will massively reduce the cost of certain products as the cost of labor is removed.

If there is one thing that most economists agree about in the realm of tax policy, it is that it's best to broaden the base of any tax, all else being equal. That means minimizing the number of deductions and exclusions from taxable income in order to lower marginal rates and reduce distortions.

Poverty must be reduced not only for reasons of moral and justice, but also of security.

Between 2007 and 2010, the average white family experienced an 11% reduction in wealth, but the average black family lost 31% of its wealth. The average Hispanic family lost 44.7%.

I have a hard time with businesses that don't make money at some point.

Among the difficulties I encountered, economic problems were the worst. I found that financial hardships could limit one's ability to realize one's dream, no matter how desperate and earnest you are.

Globalisation, for me, seems to be not first-order harm, and I find it very hard not to think about the billion people who have been dragged out of poverty as a result.

I have an economics degree from Harvard.

The way you deal with bullies is you change their economic equation. Make it more expensive for them to hassle you.

Economists have the same occupational hazard as baseball managers and football coaches: Every person on the street knows their job better than they do.

Marketing is a major headache for farmers.

Economics make homeopath and alternative healers look empirical and scientific.

What you see is when the government gets involved, you run out of money and health care gets rationed.

Capitalism can't deliver decent health care.

We hear people talk about putting a price on carbon, but they won't talk about how much that price of carbon is.

I was going to study business administration at Florida A&M, at the height of Reaganomics.

I hold with Henry George, that at the back of every great social evil will be found a great political wrong.

Hey, if we didn't overcharge for our product - guess what - people wouldn't have to buy used games.

We live in a capitalist society. I think if anyone, in any field, was approached and someone said, 'Hi! You know that job you are already doing? Would you like to do it next week for quadruple your normal pay?' Show me one person who would say no.

It's much easier to create a high-end bag than a mass market bag that everyone can afford.

People shouldn't have to spend a lot of money to get high-quality clothing.