Quotes About Economics

Health-care costs when I got into the industry in '88 were 16 percent a year inflation. When I got out in 1997, they were less than 1 percent.

After adjusting for inflation, the average income of the top 5% of households grew by 38% from 1989 to 2013. By comparison, the average real income of the other 95% of households grew less than 10%.

'Das Kapital,' I think, is very difficult to read, and for me, it was not very influential.

Cash is not cheap. The physical infrastructure is not easy to maintain and cheap.

The future of innovation has to include not only the technology, but economic viability.

It's insane to try to balance the budget.

Really, the only way to face the biggest problems we have is for the government to change the way they subsidize food. The way we subsidize food makes it cheaper to go to McDonald's and get a hamburger than a salad, and that's insane.

It's about time we stopped being so insecure and defensive and admitted that the Germans are better at economics than us. We like laughing and they like maths.

Since the 70s and the 80s you see the rise of neoliberalism. The central dogma of neoliberalism was that most people are selfish. So, we started designing our institutions around that idea, our schools, our workplaces, our democracies. The government became less and less important.

In a world of global trade and integrated capital markets, it is natural for economic and financial shocks and policy actions to be transmitted across borders.

Economic integration is the path to riches and peace.

Intellectual capital drives financial capital and growth.

It was never my intention to marry anybody. Economics are basically the only reason to get married, but I'm very glad I did it.

How families interact is not some abstract concept of mother, son, father, daughter; it has to do with economic circumstances, the work they do, the time they can spend with each other.

Price is the least interesting thing about bitcoin.

It is very likely that many firms spend more on advertising than, for their own best interests, they should.

A lot of my colleagues have been people with broad interests in economics, not just narrowly focused interests.

Many markets work best with little or no outside interference. But others - especially those subject to big 'externalities' - need a helping hand.

The IMF acts on the mandate of the international community.

Trump's administration looks a great deal like those of the 1850s and the 1890s, with business and government so intertwined that they cannot be disentangled.

Che l'«uomo economico» non esista, fu anche il punto di vista di Mussolini, che ad esso contrappose l'«uomo integrale» (1933); e la sua idea era che «la politica ha dominato e sempre dominerà l'economia», in

La sfera politica e del potere deve essere, per la sua stessa natura e funzione, libera da condizionamenti economici. Potrebbe venire ricordata opportunamente la frase di Siila, il quale disse non essere, la sua ambizione, possedere vasellame d'oro, ma avere il potere su coloro che lo posseggono.

Next to being shot at and missed, nothing is really quite as satisfying as an income tax refund.

It all looks American because America, the country that invented mass capitalism and consumerism, got there first. the impact of mass capitalism is now universal.