Quotes About Economics

Behavioral economics tells us that people often focus too much on the wrong things, and tend to focus on aspects of the job that are salient. So, for example, the pay is salient, especially the starting pay.

Banking and Prosperity in the Thirteenth Occupation or even A Child's Treasury of Economics or The Young Person's Illustrated Omnibus of Fiscal Prudence.

We rich people have been falsely persuaded by our schooling and the affirmation of society, and have convinced ourselves, that we are the main job creators. It's simply not true.

The United States is the only advanced country that permits the pharmaceutical industry to charge exactly what the market will bear, whatever it wants.

The new world economic order is not an exercise in philanthropy, but in enlightened self-interest for everyone concerned.

'Redistributing the wealth' - that phrase gets used so much that you almost get numb to it.

Anything that makes us take more seriously scientists - or economists or chemists or physicists or biologists - I think is helpful in times when things get distorted because of people not paying attention to all the facts.

That's the world we live in: when it comes to economics, people have emotions; it's not like chemistry or physics.

My A-levels were physics, chemistry and maths. Science is fascinating but I wouldn't say I have used it since then. I decided to do economics.

When entrepreneurs are free to compete, they grow the pie so that everyone's share gets larger.

Letting the greens dictate your energy choices, whether it's halting the XL Pipeline or fracking in New York, isn't just bad economics. It can also leave your rivals and enemies controlling your energy destiny.

Things can get only so bad. People want to eat, so at some point they resist further cuts to their consumption - it's not a bottomless pit.

Both 'Consenting Adults' and 'Glengarry Glen Ross' revolve around the economic stresses of the '90s. They are about what people do when they're pushed against that wall, and how they're manipulated. They are both morality tales, though in very different genres.

The Occupy Wall Street protests are shining a national spotlight on the most powerful, dangerous and secretive economic and political force in America.

Barack Obama is Occupy Wall Street. Barrack Obama is plugged into that world. That's what he believes.

The idea that we're going to austerity ourselves into prosperity is so mistaken, and honestly, I feel like one of the big problems we have is that, because Democrats don't have a deep understanding of or degrees in economics, they allow Wall Street folks to roll in the door and think that they're giving them an education.

Wall Street sees a social fabric or social contract as inefficiencies, which need to be removed.

Washington, D.C., is the new Wall Street. No significant financial transaction of any consequence occurs without it.

I will always fight for peace. But, unfortunately, it is war that drives us forward. It is war that makes the major turns. It makes Wall Street function; it makes all the bastards in the Balkans function.

I think very few people still understand the distinction between CEOs on Wall Street and the hedge-fund billionaires operating separately.

It's impossible to translate Wall Street greed into one or two demands.

Wall Street is always too biased toward short-term profitability and biased against long-term growth.

Journalism was being whittled away by a Wall Street theory that profits can be maximized by minimizing the product.

In market research I did at Microsoft Corp. in the early 1990s, I estimated that the 'Wall Street Journal' took in about 75 cents per copy from subscribers, $1.25 at the newsstand and a whopping $5 per copy from ads. The ad revenue let them run a far bigger newsroom than subscribers were paying for.