Quotes About Economics

There's a big battle going on in the country in regards to capitalism and socialism, and it's a debate that deserves attention.

While there's capitalism, there'll be socialism, because there is always a response to injustice.

Obamanomics, his imposition of European-style socialism, is not working for African-Americans. It is not working for Latinos and African-Americans.

I think of myself as a democratic capitalist, although I think the word 'socialism' loses its meaning every time that it is used to describe literally any policy left of far right by the current Republicans.

The promise of socialism is a lie.

Socialism most always leads to a failure of democracy because the economic system ultimately cannot provide for its people.

You don't want communism. You don't want this socialism. This is what destroys countries and lives.

The historical experience of socialist countries has sadly demonstrated that collectivism does not do away with alienation but rather increases it, adding to it a lack of basic necessities and economic inefficiency.

We are not socialists, we are Peronists. We are pragmatic.

It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide.

One of the things I learned in 'Slavs!' is that it's much easier to talk about being gay than it is to talk about being a socialist. People are afraid of socialism, and plays that deal with economics are scarier to them.

So far I go with the Socialists as to think it a pretty general rule that, where monopoly is necessary, it is better in public hands.

Socialists tend to want to pay people more money to do less work, and capitalists tend to want to provide better products at better prices.

There is always risk involved. You can't be a capitalist only when there are investment profits but then a socialist when you experience losses.

We are all socialists now, it seems. John McCain, David Cameron and Gordon Brown attack bankers' irresponsible behaviour and salaries, and call for state intervention in the financial markets. But these calls will not get them elected or re-elected if they are addressed only to the banking sector.

I think most people would love for us to be a socialist society.

And I don't want my assets to be stuck inside a banana republic in the midst of a huge socialist experiment.

People have to take socialism and anyone running on a socialist platform incredibly seriously.

There's so many opportunities, economically and socially, and just the location advantage and all the great institutions that are here, that this community is definitely poised for a huge revival. And so, when I think about Compton, I think about redemption.

Without an understanding of history, we are politically, culturally and socially impoverished. If we sacrifice history to economic pressures or to budget cuts, we will lose a part of who we are.

Capitalism is a wonderful economic engine, but it assigns little value to long-term projects or societal problems.

Pen names have always fascinated me, in part because I understand the professional and economic and even societal reasons to do so.

Socialism ruins societies because it misunderstands human nature.

The Princeton economist Alan Krueger has demonstrated that societies with higher levels of income inequality are societies with lower levels of social mobility.