Quotes About Economics

I really don't see any influence of my work on any artists. But I do think I've had an influence on drawings' being shown. I've had an influence on the economics of it.

To make three guineas do the work of five.

Fun things happen when you earn dollars, live on pesos, and compensate in rupees.

Whatever work he does, beyond what is sufficient to purchase his own maintenance, can be squeezed out of him by violence only, and not by any interest of his own.

The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.

Capitalism is a great idea in theory, but in practice it just doesn't work.

There is no other planning for freedom and general welfare than to let the market system work.

In a world where technology and capital are highly transferable, there is a real risk that comparative advantage comes to be defined as whose labor force will work for the lowest wage.

My work about corruption is to get people to see it less as a moral issue (right/wrong) and more as an economic issue (economies of influence and their effect).

The best way to end poverty is to simply give people work, which isn't considered 'sexy' among donors who want to fund a preschool or cure a disease.

The profit of the one is the profit of the other.

I don't expect to get 100 percent of what I want, but what we can't do is go back to the kind of top-down economics that doesn't work.

I wasn't actually very naturally good at economics. My brain doesn't work very well, in terms of mathematics.

You know what the economics are like in Red Lake County. There's no way a family can pay $15,000, $20,000 a year for health insurance and make it work. You just can't do it. It's got to change.

If television encouraged us to work as much as it encourages us to do everything else, we could better afford to buy more of everything it advertises.

In economic terms, we've always thought of work as a disutility - as something you do to get something else. Now it's increasingly a utility - something that's valuable and worthy in its own right.

Capitalism sounds good in theory but it just doesn't work.

An American worker should not expect his pay to be cut because somebody comes to this country illegally and is willing to work for less than he or she should be paid

Being without work [in the United States] is still far better for most people than being employed in Central America.

Reaganism is not only at odds with the Judeo-Christian heritage, it will not work.

All that money can do is buy us some one else's work in exchange for our own.

I hate gold. It does not pay a dividend, it has no value, and you can't work out what it should or shouldn't be worth," he said. "It is the last refuge of the desperate.

Why would anyone be able to make $21 million not showing up for work for a single day? That is vulgar capitalism. That is not good for the nation.

As a multisport athlete, I was always fascinated with competition and how to win. At HBS and later at the Harvard Department of Economics, I was drawn to the field of competition and strategy because it tackles perhaps the most basic question in both business management and industrial economics: What determines corporate performance?