Quotes About Economics

We're going to push hard against China because 90 percent of the trade that happens with North Korea is from China, and so, while they have been helpful, they need to do more.

How can we pressure China on North Korea if China's one of the two largest holders of American debt?

As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns.

Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.

I spent many years of my life as an economist and demographer. I was finally distracted by writing my novels and poetry. I'm enormously happy that was the case. I feel that with writing I have found my metier.

If there's anything Trollope novels always take seriously, it is money - how it flows from one character to another, how it is managed, who has it, who deserves it, and what it means to a character, male or female.

It's true that I have always been very comfortable with numbers.

Average tariffs between rich countries are only 3 per cent. But developing countries face tariffs of more than 300 per cent in the EU for meat and more than 200 per cent in the US for fruit and nuts. These need to come down dramatically.

Neither of my parents live in Oakland anymore. They both got priced out.

Obama's capitalism is a capitalism of connections.

Fewer jobs, at lower pay. That's what Obamacare means.

Obamacare is a great idea that can't be paid for.

Obamacare was a disaster.

Obamacare has driven entitlement spending up much faster than expected.

People tend to think that numbers are quite objective, but numbers in economics are not like this. Some economists say they're like sausages: you don't know what they really are until you cut into them.

Capitalism is a system for determining objective value.

We must stand firm against the Left's nationalisation obsession.

Ed Miliband should be out and proud about his abstruse interests, his Master's in Economics, his political obsession, his prioritising of the mental over the physical.

Obstacles to trade put up the cost both to consumers and businesses.

Corn occupies a really special role in what I've been calling American agro-economics.

Kennedy and Johnson had more to offer than bread alone. Initiatives such as the Peace Corps and the Alliance for Progress were intended to stimulate political as well as economic development.

Now everyone is prouder and poorer

Time is a waste of money.

Is history about money?