Quotes About Economics

Pakistan is the first South Asian country to sign a free trade agreement and currency swap agreement with China.

It's well proved economics that if a country which is rich and a country that is poor come together in global trade, sooner or later the standard of living of the poor country will go up towards that of the rich country.

Happily, financial capitalism and free trade have not done away with national languages and literatures, as Marx rather too blithely hoped.

I believe in free trade. I don't support regulating trade prices between different regions. Our point of view is we don't want trade barriers between different countries.

One of the roles of a U.S. ambassador - anywhere in the world - is to promote bilateral trade and investment.

The human world lives in a framework called global economics. We live in a system based on GDP, which drives consumption. it causes people to compete with each other through trade in a way that they all grow.

A carbon tax by itself would make driving more expensive, that's very true. But in exchange for that, there are going to be more jobs, more output, more employment, and more products available. So really, as long as you're going to collect the revenues you're going to collect, you're going to have to trade off one tax for the other.

I do believe that international trade agreements benefit both nations, always.

The problem with regional trade agreements is you get picked apart by the first country. Then you negotiate with the second country. You get picked apart. And you go with the third one. You get picked apart again.

Trump will fail even in his proclaimed goal of reducing the trade deficit, which is determined by the disparity between domestic savings and investment.

I used the so-called Laffer Curve all the time in my classes and with anyone else who would listen to me to illustrate the trade-off between tax rates and tax revenues.

I learned about the market's power when I was traded to the Buffalo Bills for $100.

Because cap and trade is enforced through the selling and trading of permits, it actually perpetuates the pollution it is supposed to eliminate.

I believe that currency trading should not be a business at all.

I started trading around 1979, fresh out of college. In the early '90s, I started guesting for major news media.

In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there.

People are trading distance for dollars.

Old ideas of not trading because 'they won't open their markets to us' miss the entire point of allowing goods to be imported into the United States - because we want and need them and because someone here believes that the good or service received in exchange for our dollars creates value for them.

I don't like dealing with money transactions in poor countries. I get confused between the feeling that I shouldn't haggle with poverty and getting ripped off

You and I come by road or rail, but economists travel on infrastructure.

On tight money: It reflects a reversion to the old idea that the tree can be fertilized at the top instead of at the bottom - the old trickle-down theory.

The term 'natural resources' confuses people. 'Natural resources' are not like a finite number of gifts under the Christmas tree. Nature is given, but resources are created.

Trust is kind of this economic lubricant. When trust is high, morale is high. ... Higher trust environments produce individuals who are happier.

Never trust an economist with your job. Learn about economics yourself. And make up your own mind about what might protect your job - and what might destroy it.