Quotes About Economics

Some struggle with medical issues - like insomnia - that make sleep hard. But for many of us, the quantity and quality of sleep come down to a matter of choice. Still, only a few enterprising economists have looked closely at this, and generally, those have assumed that we choose our hours of sleep optimally.

Hand in hand with nationalist economic isolationism, militarism struggles to maintain the sovereign state against the forward march of internationalism.

Japan has only 100m people. Asia has 4bn. At least one-third, maybe nearly half, will become middle class, and this is a big opportunity for Japanese businessmen.

Mark Carney is one of the enemies of Brexit. He has opposed it consistently.

I opposed NAFTA in 1993 and '94.

Under capitalism, man exploits man. Under communism, it's just the opposite.

We want capitalism and market forces to be the slave of democracy rather than the opposite.

Customers are now driven by trying to optimize value.

When we speak of institutions, economists mean more than just organizations. We mean conventions, even rules, about how things are done.

I come from a financial news background, originally, so that is a big area of focus for me.

I went into the sciences very early on, but to me, economics pervades so much more of our lives and our existence.

In the corporate world, there's, like, a 300 percent markup. In our world, we normally don't go above a 100 percent markup.

A club like ours loses £8-10m every year to be competitive, and nobody wants to keep a business that is losing money every year.

I think GST is a great outcome. There is no ifs and buts about that. It is a transformational event for India.

Once constituted, capital reproduces itself faster than output increases. The past devours the future.

I might be writing what people expect me to write, writing from that place where I might be ruled by economic considerations. To overcome that, I started working with my dreams, because I'm not so censored when I use dream material.

I think overweight people are lazy and that they are bankrupting the country.

Most people, they get overwhelmed by the religious stories, the nationalist stories, by the economic stories of the day, and take these stories to be the reality.

Productivity has to be defined as benefit divided by cost. The benefit is observed dollar savings and revenue from the work performed, and cost is the total cost, including replacement of any workers used up by the effort.

Everyone knew that Syrians were 'natural businessmen, and the greediest of mortals'.

An enormous semiofficial drug-smuggling operation was established in order to improve Britain's unfavorable balance of payments with China—the direct result of the British love of tea.

Socialism is the ultimate ponzi scheme.

Communism rots the body, Capitalism rots the soul.

So, when they say Sugar Free what they are really saying is that you don't pay extra for the sugar!