Quotes About Economics

95 per cent of economics is common sense – made to look difficult, with the use of jargons and mathematics.

why do we need to make the rich richer to make them work harder but make the poor poorer for the same purpose?

Yet everyone knows that money is fundamentally an invention, a fiction.

Power was thought to be synonymous with economic capacity before people discovered that economic and industrial capacity are only its modern prerequisites. In a sense, economic power could bring governments to heel because they had the same faith in economics as the plain businessmen who had somehow convinced them that the state's means of violence had to be used exclusively for protection of business interests and national property.

In a sense, economic power could bring governments to heel because they had the same faith in economics as the plain businessmen who had somehow convinced them that the state's means of violence had to be used exclusively for protection of business interests and national property.

Less immediately significant but of greater importance for totalitarian governments was the other experience in Africa's race society, that profit motives are not holy and can be overruled, that societies can function according to principles other than economic, and that such circumstances may favour those who under conditions of rationalised production and the capitalist system would belong to the underprivileged

Un miembro de la raza humana completamente incapaz de comprender la mayor productividad de la división del trabajo y la propiedad privada no es, propiamente hablando, una persona, sino que moralmente es como un animal —

So much has happened to obscure the dialogue about race and about gender and discrimination in general, especially where those things touch on economics.

There is the expression of selfishness and there is the expression of selflessness - but economists or theoreticians never touched that part. They said: 'Go and become a philanthropist.' I said, 'No, I can do that in the business world, create a different kind of business - a business based on selflessness.'

Making films take a lot of intelligence and is tough, though achieving Economics honours is tough, too.

The case for sponsorships in commercial spaceflight is compelling and could dramatically impact the economics of space tourism. Global brands are looking for fresh, new ways to position themselves on the leading edge of their categories.

The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.

My research interests since then have shifted strongly towards the economic and regulatory problems of the financial services industry, and especially of the securities and options exchanges.

When I came to town and saw the price of diesel went above regular gas, that burnt me up.

I have come to the conclusion that the major part of the work of a President is to increase the gate receipts of expositions and fairs and bring tourists to town.

I remember those great days when we were at $176 million before the Reagan Revolution came to town.

From a social point of view, it's beneficial that homeownership encourages commitment to a given town or city. But, from an economic point of view, it's good for people to be able to leave places where there's less work and move to places where there's more.

One-newspaper towns are not good because all the surviving newspaper does is print money. They make 25 percent on their money every year, and if they go down to 22 percent, they start laying people off.

We used to build our cities and towns around churches. Now banks are at the centers of our densely populated areas.

One of the most important political and economic facts of this young century is that capital has been slipping the traces of the nation-state. Business is global; government is national.

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

I believe in pan-Africanism. This means that in many things - the judiciary, sports, economics and trade - we want Africanism to be involved, which is basically more freedom for the people.

The biggest single thing that has lifted people out of poverty is free trade.

I'm not opposed to free trade if it's fair trade. But I am opposed to bad trade deals.