Quotes About Economics

The system of protection and the colonial system are, then, only two aspects of one and the same theory. To hinder our fellow-citizens from buying from foreigners, and to force foreigners to buy from our fellow-citizens, are only two consequences of one and the same principle.

Legal plunder has two roots: one of them, as we have already seen, is in human greed; the other is in misconceived philanthropy.

man becomes rich in proportion to the remunerative nature of his labor;

Be pleased, gentlemen, to dispose of what belongs to yourselves as you think proper, but leave us the disposal of the fruit of our own toil, to use it or exchange it as we see best. Declaim on self-sacrifice as much as you choose, it is all very fine and very beautiful, but be at least consistent.

the price of labor, like the price of everything else, is governed by the relation of supply to demand.

The truth, in plain terms, is this: That men consume cloth and corn by fire or by using them, and that the effect is the same as regards money, but not as regards wealth, for it is precisely in the use of commodities that wealth or material prosperity consists.

monopoly, like every other system of injustice, carries in itself its own punishment.

Man does not live upon nominal values, but upon real products, and the more products there are, whatever be their price, the richer he is.

Se su di un confine non passano le merci, vi passeranno i cannoni.

There is no doubt that two nations, the same as two men, unconnected with each other, may, by working more, and working better, prosper at the same time, without injuring each other.

The Law by Frédéric Bastiat

When, then, does plunder stop? It stops when it becomes more painful and more dangerous than labor.

When two workmen run after one master, wages fall; they rise when two masters run after one workman.

You shall not succeed, I predict, so long as legal plunder continues to be the main business of the legislature. It is illogical -- in fact, absurd -- to assume otherwise.

The State is also subject to the law of Malthus. It is continually living beyond its means, it increases in proportion to its means, and draws its support solely from the substance of the people. Woe to the people who are incapable of limiting the sphere of action of the State.

In the Soviet Union, capitalism triumphed over communism. In this country, capitalism triumphed over democracy.

Laissez faire, laissez passer.

Subject to a kind of disease, which at that time they called lack of money.

Sin embargo, mientras más conocimiento adquirimos, menos sabiduría parecemos tener. Mientras más seguridad económica tenemos, más aburridos e inseguros nos sentimos.

Many young people are building their lives on the rock of materialism. I find across the country a deep economic discontent among people in every walk of life.

follow the money

Why should I pay attention to prices? I can't win.

The only thing "free" about so-called free time is that it doesn't cost the boss anything. Free time is mostly devoted to getting ready for work, going to work, returning from work, and recovering from work. Free time is an euphemism for the peculiar way labor as a factor of production not only transports itself at its own expense to and from the workplace but assumes primary responsibility for its own maintenance and repair.

If you need money, add value. And if you need da lot of money, add a lot of Value.