Quotes About Economics

The Republicans believe in the minimum wage -- the more the minimum, the better.

On the one hand, the Republicans are telling industrial workers that the high cost of food in the cities is due to this government's farm policy. On the other hand, the Republicans are telling the farmers that the high cost of manufactured goods on the farm is due to this government's labor policy. That's plain hokum. It's an old political trick: "If you can't convince 'em, confuse 'em." But this time it won't work.

Give me a one-handed Economist. All my economists say 'on hand...', then 'but on the other...

As a designer, the mission with which we have been charged is simple: providing space at the right cost.

We live in an age when it is cheaper to buy the rights to movies than to make them.

Premio Nobel de Economía de 2005, «por haber ampliado nuestros conocimientos sobre el conflicto y la cooperación a través de la gamificación analítica».

John Stuart Mill in 1848: "It is commerce which is rapidly rendering war obsolete, by strengthening and multiplying the personal interests which act in natural opposition to it.

Como demostraba la experiencia del Modelo T de Ford, incluso el más diestro fabricante de un producto con costes reducidos al mínimo podía verse superado y atrapado por un producto mejor.

To a great extent, the superior transportation and agricultural technology of Europe and its efficient economic and logistic methods made possible its triumph over the primitive world, not its customary military techniques and advanced weapons. The

the price of the equipment we build has been less than the cost.

100 invested at 7 percent interest for 100 years will become 100,000, at which time it will be worth absolutely nothing.

Where there's property, there's theft.

You can never have international peace as long as you have national poverty.

It should be everyone's right in a capitalist system to have some way to take advantage of compound interest.

Political reform need not go hand in hand with economic liberalisation. I do not believe that if you are libertarian, full of diverse opinions, full of competing ideas in the market place, full of sound and fury, therefore you will succeed.

Demography, not democracy, will be the most critical factor for security and growth in the 21st century

Political systems that yield inferior economic performance will ultimately be discarded for those that are more productive

The globalisation of food (or production of any commodity) is not the enemy per se, although it could and should certainly be more rationally planned.

From my earliest acquaintance with the science of political economy, it has been evident to my mind that capital was the product of labor, and that therefore, in its best analysis there could be no natural conflict between capital and labor.

They say the mustard manufacturers get rich from the dabs of mustard people leave on their plates. And we'll get rich in the same way, darling. From selling the soldiers weapons they'll never use.

Capitalism is the exploitation of man by man. Yes? Well socialism is exactly the reverse.

Fascism is capitalism in decay.

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.

Whoever wants to reach socialism by any other path than that of political democracy will inevitably arrive at conclusions that are absurd and reactionary both in the economic and the political sense.