Quotes About Economics

Slavery, first and foremost, was an energy institution. Shackling human muscle was about getting work done.

There's much more money being brought into the advertising and communications business than in the music industry.

I had a degree in economics but also thought of myself as a musician.

Middle Eastern Muslim countries are not only important for Afghanistan due to common culture and faith, but also because of economic benefits.

I spend my time being a retailer, not an economist.

When I was in college at Amherst, my father asked me a favor: to take one course in economics. I loved it - for the challenge of its mysteries.

It certainly was difficult to sell NAFTA because it's always difficult to sell open markets.

My grandfather was the architect behind NAFTA, and that has created so much economic opportunity, not only in our country, but in Latin America.

Unregulated competition is a naive metaphor for anarchy.

Well, I think first of all, probably the most fundamental thing is that we are a mixed-signal analog semiconductor company, which, along with some of the other well-known names in the industry, enjoys very good economics.

Narrative drives most of economics. Everything seems to be part of a story, and how that story is told often leads to critical error.

The economics of the security world are all horribly, horribly nasty and are largely based on fear, intimidation and blackmail.

The reason CAFTA should be enacted is not economic benefits: it is national security.

The exclusion of girls from education is an issue of justice. But it's also an issue of economics because it's holding families, communities, and nations back. The chiefs are often a bridge between the traditional and the modern world and are very powerful implements to change.

In the 1970s, as historians became enchanted with microhistories, economists were expanding the reach of their discipline. Nations, states and cities began to plan for the future by consulting with economists whose prognostications were shaped by investment cycles rather than historical ones.

The last thing we need to do when natural gas has been such a blessing is raise the severance tax.

But if people are buying the products, naturally they're gonna use them.

Politics would, in the late stages of capitalism, become subordinate to economics, leading to political parties hollowed out of any real political content and abjectly subservient to the dictates of corporations.

The terminal stages of what we call capitalism, as Marx grasped, is not capitalism at all. Corporations feast on taxpayer money.

There are two core doctrines in economics," Offer said. "One is individual self-interest. The other is the invisible hand, the idea that the pursuit of individual self-interest aggregates or builds up for the good of society as a whole. This is a logical proposition that has never been proven.

Offer argued that "a silent revolution" took place in economics in the 1970s. That was a time when "economists discovered opportunism—a polite term for cheating," he said. "Before that, economics had been a just-world defense of the status quo. But when the status quo became the welfare state, suddenly economics became all about cheating.

We have the facade of a functioning capitalist democracy but underneath it is a species of corporate totalitarianism.

Speculators at megabanks and investment firms such as Goldman Sachs are not, in a strict sense, capitalists. They do not make money from the means of production. Rather, they ignore or rewrite the law—ostensibly put in place to protect the weak from the powerful—to steal from everyone, including their own shareholders. They produce nothing. They make nothing. They only manipulate money.

A facility to fabricate the most advanced logic chips costs twice as much as an aircraft carrier but will only be cutting-edge for a couple of years.