Quotes About Economics

I think it's a mistake to rely too much on any one economic factor. It's why investors try to spread their portfolio round.

Avarice, the spur of industry.

If you squeeze and squeeze, and you don't allow the Iranians to sell any oil, then what do they have to lose by shutting the Strait of Hormuz down? And if they do that, that's 35% of all the world's oil that comes through the strait and 20% of the liquefied natural gas in the world.

It's heartbreaking to think that the joy of building a family is being dimmed by the economic squeeze young people are feeling.

One of our most difficult realizations was that - in the course of two years - a connecting hub in St. Louis had gone from something we thought we needed to something we could no longer afford.

There are more and more products with fewer people able to consume them. We have to help those who don't have the economic stability to grow, or one day there will be very few who are able to buy what we're selling.

When the word 'morality' comes up in connection with economics, income distribution and financial stability are usually the issues. Is it moral for rich countries to use such a high proportion of the world's resources or for investment bankers to earn large bonuses?

Bearing in mind most companies rely on the middle classes in developed countries to sell goods and services throughout the value chain, dealing with inequality is a matter of brutal enlightened self-interest. It's simple economics: Global stability equals global growth equals profits.

If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did not exist - what assurance do we have of the stability and efficiency of the capitalist system?

It is easy and quick to fritter away gains regarding macroeconomic stability.

Cutting VAT is a classic case of shutting the stable door, when the horse has already galloped a couple of furlongs down the road.

We have, in the E.U., a market rigged in favour of the rich and stacked against the poor, and I think that's wrong.

If you build a 70,000-seat stadium it will cost much more than double to build than a 35,000-seater. The higher the seat the more expensive it is to construct.

In economics, 'competitiveness' does not describe Barack Obama's insistence on not only being president of the U.S. but also beating his staff at bowling.

Technology, outsourcing, a growing temp staffing industry, productivity efficiencies, have all replaced the middle class.

If it were necessary to give the briefest possible definition of imperialism, we should have to say that imperialism is the monopoly stage of capitalism.

One grave and fundamental Keynesian error is to persist in regarding the interest rate as a contract rate on loans instead of the price spreads between stages of production. The former, as we have seen, is only the reflection of the latter.

Shopping for an annuity with hundreds of thousands of dollars at stake can be daunting, even for an economist.

A 'farm' today means 100,000 chickens in a space the size of a Motel 6 shower stall.

We will have to stand up for and promote the power and promise of free markets and free peoples, and affirm that American preeminence safeguards rather than impedes global progress.

You must stand up for multilateralism. You must make trade great again.

Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.

I believe in the gold standard. I like solid lumps of things. You can always melt them down.

We know what happens when a woman earns money. She is far more likely than a man to spend her earnings on the health and education of her children and to invest in improving her family's standard of living.