Quotes About Economics

And as in other things, so in men, not the seller, but the buyer determines the Price.

Advertising nourishes the consuming power of men.

Man tends to increase at a greater rate than his means of subsistence.

It is not for its own sake that men desire money, but for the sake of what they can purchase with it.

An economist is a man who states the obvious in terms of the incomprehensible.

The economic and political roots of the conflicts are too strong. Nor can it pretend to create a lasting state of harmonious understanding between men.

It takes one hen to lay an egg, but seven men to sell it.

Modern economic thinking...is peculiarly unable to consider the long term and to appreciate man's dependence on the natural world.

Labour had become expensive and your average lord could now make more money out of sheep than he could out of his peasants. There was more wool on sheep, for a start, and you could also eat them – which is possible with peasants but socially taboo – so the lords started to throw the expensive, troublesome and uneatable peasants off their land and replace them with sheep. The

One-third of Americans have already been forced to change their lifestyle because their disposable income is gone. A guy can't go to the corner bar after a rough day at work to have a beer, that's gone to oil!

a product is worth what someone is willing to pay for it.

Driving with one foot on the accelerator and the other on the brake is likely to get you nowhere, but certainly will burn out vital parts of your car. Similarly, cutting taxes on the middle class, but increasing them on the 'rich' is likely to result in an economic burnout.

If love in society is to represent a better one, it cannot do so as a peaceful enclave, but only by conscious opposition. This, however, demands precisely the element of voluntariness that the bourgeois, for whom love can never be natural enough, forbid it. Loving means not letting immediacy wither under the omnipresent weight of mediation and economics, and in such fidelity it becomes itself mediated, as a stubborn counter-pressure. He alone loves who has the strength to hold fast to love.

Pauperism is above all a psychological, not an economic, condition.

As society advances the standard of poverty rises.

Everything gives way to money, and money gives way to nothing, neither to man nor to God.

The rights of property are in less jeopardy from the Socialists and the Anarchists than from the predatory man of wealth…

Some major writers have a huge impact, like Ayn Rand, who to my mind is a lousy fiction writer because her writing has no compassion and virtually no humor. She has a philosophical and economical message that she is passing off as fiction, but it really isn't fiction at all.

An important book for understanding the history of our economic boom & bust cycles. It's an eye-opening account of how we are repeating the mistakes of the 1760's, 1850's, and 1920's. The author is a brilliant writer and is so good at explaining even the most complex subjects in a compelling & easy to understand way. The next crash will be painful but it's important to understand what is being done to us, and how we can learn from history and take action.

Nothing except the mint can make money without advertising.

We have profoundly forgotten everywhere that Cash-payment is not the sole relation of human beings.

Respectable Professors of the Dismal Science.

Economics is not a gay science. It is a dreary, desolate, and indeed quite abject and distressing one; what we might call, by way of eminence, the dismal science.

We no longer have the luxury of dogma, assumptions, and unexamined opinions about New York, not from any side of the many divides that separate us in this city. A fourth evolution of New York is clearly imminent; economics, public health, and social justice demand it.