Quotes About Economics

Classic economic theory, based as it is on an inadequate theory of human motivation, could be revolutionized by accepting the reality of higher human needs, including the impulse to self actualization and the love for the highest values.

People say values are expensive, but I say they create economic value.

Montana would have been better off in the long run if it had never mined copper at all but had just imported it from Chile, leaving the resulting problems to the Chileans! It

The 10 countries with the most people (over 100 million each) are, in descending order of population, China, India, the U.S., Indonesia, Brazil, Pakistan, Russia, Japan, Bangladesh, and Nigeria. The 10 countries with the highest affluence (per-capita real GDP) are, in descending order, Luxembourg, Norway, the U.S., Switzerland, Denmark, Iceland, Austria, Canada, Ireland, and the Netherlands. The only country on both lists is the U.S.

1) The availability of cheap slave labor in classical times supposedly discouraged innovation then, whereas high wages or labor scarcity now stimulate the search for technological solutions.

IN SHORT, SOME COUNTRIES are much richer than are other countries. The reasons why are multiple and complicated. If you insist on a simple answer to this important question, you'll have to find some place in the universe to inhabit other than our planet Earth, where life is really complicated.

Benjamin Jones at Northwestern University and Benjamin Olken of the Massachusetts Institute of Technology.

Prices of semicolons, plot devices, prologues and inciting incidents continued to fall yesterday, lopping twenty points off the TomJones Index.

Show me any major event on this planet, and I will show you the economic reason behind it. Commerce is all powerful, Miss Strange. Commerce rules our lives.

You like economics, don't you?' I asked. 'Everyone should know the basics,' said the Princess. 'Lasting peace will only be brought about through economic means - we should be trading with the Trolls rather than fighting them.

The language of division can always be monetised.

The forces in a capitalist society, if left unchecked, tend to make the rich richer and the poor poorer.

the amount of work required to prepare the catalog for the printer makes it cost-ineffective unless you print 25,000 copies. It's only a rule of thumb, but it's a good one.

Women start companies at twice the rate of men and employ more people than the Fortune 500 combined.

Périodiquement, le FMI accorde aux pays surendettés un moratoire temporaire ou un refinancement de leur dette. À condition que le pays surendetté se soumette au plan dit d'ajustement structurel. Tous ces plans comportent la réduction, dans les budgets des pays concernés, des dépenses de santé et de scolarité, et la suppression des subventions aux aliments de base et de l'aide aux familles nécessiteuses.

Entre la raison marchande et le droit à l'alimentation, l'antinomie est absolue. Les spéculateurs jouent avec la vie de millions d'êtres humains. Abolir totalement et immédiatement la spéculation sur les denrées alimentaires constitue une exigence de la raison. (p. 329)

L'angoisse humaine n'est pas quantifiable, elle n'est pas un élément de l'analyse macroéconomique. N'étant pas mesurable, elle n'existe pas pour le FMI

When I was born, my mother dressed me as a boy because she could not afford to feed any more daughters. By the mystic laws of gender and economics, it ruins a peasant to place half a bowl of figs in front of his daughter, while his son may gorge on the whole tree, burn it for firewood and piss on the stump, and still be reckoned a blessing to his father.

Finance is a slave's word.

Los antiguos políticos hablaban continuamente de buenas costumbres y de virtud; los nuestros no hablan sino de comercio y de dinero. Uno

Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with everyday observation.

Political work is the life-blood of all economic work.

All of the problems we're facing with debt are manmade problems. We created them. It's called fantasy economics. Fantasy economics only works in a fantasy world. It doesn't work in reality.

I think the market driven economic system is the most productive system, but to have that work in the world, you've got to also have social investments to go along with that.