Quotes About Economics

I always believed in animal spirits. It's not their existence that is new. It's the fact that they are not random events, but actually replicate in-bred qualities of human nature which create those animal spirits.

We would, however, perform an injustice to the bourgeois women's rights movement if we would regard it as solely motivated by economics. No, this movement also contains a more profound spiritual and moral aspect.

In practice, a good deal of the outcomes produced by the market reflect nothing more than luck - good or bad.

Prostitutes don't sell their bodies, they rent their bodies. Housewives sell their bodies when they get married.

Each marriage bears the footprints of economic and cultural trends which originate far outside marriage.

Antagonistic cooperation is the principle of all markets and many marriages.

Psychologists call this habituation, economists call it declining marginal utility, and the rest of us call it marriage.

Everyone's heard about the military-industrial complex, but they know very little about the medical-industrial complex...(in) a medical arms race.

More people live off cancer than die from it.

We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.

Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.

Economics is haunted by more fallacies than any other study known to man

We ought to define a man's income as the maximum value which he can consume during a week, and still expect to be as well off at the end of the week as he was at the beginning.

Under capitalism man exploits man; under socialism the reverse is true.

I am a tariff man, standing on a tariff platform.

Men become richer not only by increasing their existing wealth but also by decreasing their expenditure.

Capitalism is the exploitation of man by man. Well socialism is exactly the reverse.

Money is coined liberty, and so it is ten times dearer to a man who is deprived of freedom. If money is jingling in his pocket, he is half consoled, even though he cannot spend it.

The common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality.

What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.

In Democracy, man exploits man; in Communism, it's the other way round.

If money is a science, then it is a dark science...it has gone on developing...by its own rules

I hadn't known that,' I said. 'I always tend to assume there's an infinite amount of money out there.' 'There might as well be,' Arsibalt said, 'but most of it gets spent on pornography, sugar water, and bombs.