Quotes About Economics

You can be taking two steps forward as an actor, but if a movie doesn't make money, you might as well be taking two steps backwards. It's all about economics.

No one forces you to buy a Twinkie. But governments do force you to fight in their wars and pay for their bailouts.

If the federal government is an addict, then the Federal Reserve System is its enabler.

Selling public property is the true Chicago way. Had Mr. Obama not been elected president, the nation's business journals would be falling over one another to praise his city for its daring, market-friendly innovations.

If basic economic issues are removed from the table, Gietzen has written, only the social issues remain to distinguish the parties. And in such a climate, Democratic appeals to people of ordinary means can be easily neutralized. "Years ago, it was assumed that the Republican Party was 'the party of the rich,' and that the Democrats stood for working people," Gietzen writes. Not anymore!

What were we saying to the country, to our young people, when we lowered capital gains taxes and raised taxes on those who earned their living by working?," asked Joseph Stiglitz: "That it is far better to make your living by speculation than by any other means."39

Talk to just about any farmer in Kansas, and you will find him extremely pessimistic about his livelihood. Except for the owners of the very largest spreads, farmers simply cannot make a profit. Kansas has only about half as many farms as it did in 1950; those that remain continue to grow. A few are getting big; most are getting out.

There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below.

backlash leaders systematically downplay the politics of economics. The movement's basic premise is that culture outweighs economics

drain economics out of the world, and you're left with few tools for explaining anything. Why is our culture the way it is? Why does TV get coarser with each passing year? What makes certain styles or words or ideas suddenly so visible while others disappear?

In only one area have the Cons achieved a tangible, real-world victory. Their intractable hostility to taxes of all kinds has successfully brought disaster on the state government.

And so the catastrophe of 1929–33 did to the certainties of laissez-faire economics what science did to nineteenth-century religion and what the slaughter of World War I did to old-fashioned patriotism: it knocked out the props. "Everything nailed down is coming loose," people used to say back then: The Depression made business leaders into laughingstocks and transformed economic orthodoxy into so many fairy tales.

To the liberal class, every big economic problem is really an education problem, a failure by the losers to learn the right skills and get the credentials everyone knows you'll need in the society of the future.

The Dell Theory of Conflict Prevention argues that no two countries that are both part of the same global supply chain will ever fight a war as long as they are each part of that supply chain.

Debt is the worst poverty.

Allocating time and money in the pursuit of looking superior often has a predictable outcome: inferior economic achievement. What are three words that profile the affluent? FRUGAL FRUGAL FRUGAL

If Americans ever allow banks to control the issue of their currency, first by inflation and then by deflation, the banks will deprive the people of all property until their children will wake up homeless.

The merchant has no country.

Banking establishments are more dangerous than standing armies.

he'd paid for should have led me to greater abstraction, but while it's true that the farther you get from an actual product the better your chances for economic success, I and many of my classmates wanted more physical evidence of our efforts.

To establish any mode to abolish war, however advantageous it might be to Nations, would be to take from such Government the most lucrative of its branches.

taxes are not raised to carry on wars, but that wars are raised to carry on taxes

That there are men in all countries who get their living by war, and by keeping up the quarrels of Nations is as shocking as it is true...

It is, perhaps, impossible to proportion exactly the price of labor to the profits it produces; and it will also be said, as an apology for the injustice, that were a workman to receive an increase of wages daily he would not save it against old age, nor be much better for it in the interim.