Quotes About Economics

Financial transaction tax raises problems of competition.

Markets are lethal, if only because of ignoring externalities, the impacts of their transactions on the environment.

I think there are moral obligations, and I think there are economic transactions. So I think that chores are good; I think that allowances are good. I think combining them is bad.

When you look at the government, when the government collects a buck, it's not free. They have to spend resources, the IRS, audits, all this sort of crap, to collect the dollar. I'm not assuming any Laffer curve effect here at all. There are just transactions costs of collecting that money.

A currency designed for long-term storage and investment doesn't do so well at encouraging transactions and exchange in the moment.

The Trump vision, in fact, is an America unbound by a half-century of trade deals, free to pursue a nationalistic approach in which success is measured not by the quality of its alliances but the economic return on its transactions.

Transfer pricing is causing huge problems in Africa.

Nowadays, it's hard to know if a player really deserves the money spent on him, because transfer values are high.

The idea that RBI will be able to make a big transfer to the government was misplaced. It was a very good signalling device that the government was very serious about cracking down on corruption and black money. But I do not think it was very effective in curbing it.

Have transfer prices in England surprised me? No. Are the prices over-inflated? Yes. But there is no surprise now.

This is madness - when a single footballer is more expensive than building a hospital or school, the transfer market has lost its marbles.

Good economic policy requires not so much the bravado to implement drastic change as the strength and wisdom to make reasonable trade-offs over the many years it takes to transform a country's standard of living.

I had become interested in economics, an interest that was transformed into a lifetime dedication when I met with the mathematical theory of general economic equilibrium.

Transnational, gigantic industrial companies no longer operate within political systems, but rather above them.

Fostering transparency and accountability at the Federal Reserve was one of my principal objectives when I became Chairman in February 2006.

You replace it by 23 percent tax, a frank, transparent tax embedded in the cost at retail, and everybody gets to takes their whole check home. And the average income earner gets a 50 percent increase in take-home pay.

The dynamic drives of modern economic growth, in the countries that entered the process ahead of others, meant a reaching out geographically; and the sequential spread of the process, facilitated by major changes in transport and communication, meant a continuous expansion to the less developed areas.

Before containers, transport costs ate up 25 percent of the value of whatever was being shipped.

When we talk about a city's cost of living, we don't mean food, transportation, or clothing, which cost about the same everywhere. We mean housing.

Everywhere I go, I see incredible examples of communities that have a vision for transportation and how it will impact the quality of life, mobility, economics and opportunity.

All tax incentives do is make it cheaper to borrow for transportation projects. But you still have to pay that money back.

If you can make it economical for people to get out of their cars or sell their cars, and turn transportation into a service, it's a pretty big deal.

It would almost seem that - dare I say this - private transportation is more efficient than mass public-transit!

Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can.