Quotes About Economics

Baseball is a business. Sure, we fans are wistful dreamers who fantasize about glory on the diamond, but to the people who hold the purse strings, the Cubs win the economic World Series every year.

If you look at history, there seems to be a regular pattern: the country with the most powerful military also happens to be the one with the world trade currency. That gives them an enormous economic advantage, which causes goods to flow into their country.

I opposed the World Trade Organization.

The world view of economic development has completely changed: it is no longer believed to be driven by human labour, as Karl Marx said, or by capital, as Alfred Marshall stated, but is knowledge-driven.

The adverse economic events following the First World War turned me toward economics.

We have to make the argument that the only economically sound place to be is within Europe - we have to remember, it's history again, that there are reasons we bound ourselves together as a set of European nations and it all came out of the second world war.

After World War II it was decided that, in order to prevent the Germans and the French from having another war, it would be better to tie them together into one economic pact so they would invest in each other and have mutual stakes. Until now, that has worked to prevent warfare between the two.

Economists create their own worlds. We're like little gods with our artificial economics, wanting to see what happens.

When you think about 'The Simpsons' or 'King of the Hill' or something like that, the worlds tend to expand each episode, because there's no additional cost incurred to hire an animated character.

Often, economists spend their energies squabbling with one another, but arguably the more important contrast is between our broadly liberal economic worldview and the various alternatives - common around the globe - that postulate natural hierarchies of religion, ethnicity, caste and gender, often enforced by law and strict custom.

My worldview says that competition is the consumer's best friend.

Remember, 'governance' is a big word that includes human rights, freedom of speech, economic transactions on a worldwide basis - it touches everything. It's everywhere, and that's why Internet governance is Topic A in many corners.

Today we stand on a bridge leading from the territorial state to the world community. Politically, we are still governed by the concept of the territorial state; economically and technically, we live under the auspices of worldwide communications and worldwide markets.

Protectionism has never been an answer, will never be an answer. We need trade. We need trade agreements worldwide.

If you're not worried that you're pricing it too cheap, you're not pricing it cheap enough.

In the West, if a city faces financial difficulties, it'll go bankrupt. But in China, cities will be subsidised by the Ministry of Finance. So some small- and medium-sized cities aren't worried about going bankrupt. They figure the central government will help them out.

I was a Republican because I thought that those were the people who best supported markets. I think that is not true anymore. I was a Republican at a time when I felt like there was a problem that the markets were under a lot more strain. It worried me whether or not the government played too activist a role.

A lot of people, including me, are worried that inequality will lead to bad things.

I don't think we can have democracies that work where most of the people are not benefiting economically, where most of the people are worried about their job security.

You cannot be against a raise in the minimum wage and for cutting government assistance and still say that you are worried about the people living in poverty.

I finally know what distinguishes man from the other beasts: financial worries.

Ask a science professor what she worries about. It won't take long. She'll look you in the eye and say one word: 'Money.'

China-led globalization in some ways worries me because they are not concerned about human rights, labor rights. They probably aren't even really concerned about competitive marketplaces. So in some ways, they're like Mr. Trump.

It's not just the right-wing crazies who oppose health reform. In addition, there are many sane Americans who worry about committing a trillion dollars to it.