Quotes About Economics

The appeal to identity is capitalism's secret sauce.

Remember, for every shot you fire, someone, somewhere, is making money.

Capitalism offers you freedom, but far from giving people freedom, it enslaves them.

What is more important is that Foreign Service Officers understand business, about the needs of U.S. business and how to help U.S. companies make the right connections abroad.

When the dollar was separated entirely from gold in 1971, it ceased being the official IMF world currency and finally had to compete with other currencies... From that point forward, its value increasingly became discounted.

I helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in.

Iraq is not about oil.

There is no free market for oil.

America did not invade Iraq because Iraqis are Muslims. Oil, money, economic interests. Who knows? But it was not because Iraqis are Muslims.

Oil has allowed us to think about economics as though energy doesn't matter.

The economic basis on which Nicola Sturgeon and the Scottish nationalists made the case for separation was based on an oil price much higher than it is at the moment, so there will be no case for it.

We have designed a capitalist system wrong. We assume human beings are one-dimensional, all they do is make money, so we've created a money-centric world.

I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people.

It's hard selling books in general: companies are merging, editors being laid off, bricks-and-mortar bookstores closing, large chain bookstores squeezing out independents, and online retailers squeezing out chain bookstores.

The only function of economic forecasting is to make astrology look respectable.

Having never taken a business class, the economics of restaurants scared me. I opened Chipotle with the idea that I could step away from it and use it to support my full-scale restaurant.

Auctions typically are an opportunity for you to be able to acquire what you're looking for at a lower price; typically, the auctioneer sets the opening price at much lower than the retail price and certain interest develops and as more people come in it drives the price up.

I think India's policy that the openness of trade should be carried through a multilateral process is the right one.

If you believe that markets operate in Alan Greenspan fashion, then you don't inquire into the details.

Every economic opinion is associated with a set of assumptions.

In my opinion, baseball is as big a business as anything there is. It has to be a business, the way it is conducted.

Money has no moral opinions.

The trouble with socialism is that it takes up too many evenings.

It is immoral to use private property in order to alleviate the horrible evils that result from the institution of private property.