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Quotes About Economics

The farmer and manufacturer can no more live without profit than the labourer without wages.
~ David Ricardo
Accounting is the language of business.
~ Warren Buffett
It has become more and more obvious that there is one political party in America, and that is The Business Party.
~ Bill Hicks
In business, I look for economic castles protected by unbreachable 'moats'.
~ Warren Buffett
There is no way of keeping profits up but by keeping wages down.
~ David Ricardo
A charity dollar has only one life; a Social Business dollar can be invested over and over again.
~ Muhammad Yunus
Data are becoming the new raw material of business.
~ Unknown
If you wish to prosper, let your customer prosper.
~ Frederic Bastiat
Do more and understand that all wealth came from poor people either as the entrepreneurs or the consumers who buy the product that keeps the entrepreneurs in business.
~ John Hope Bryant
The raw fact is that every successful example of economic development this past century ... has taken place via globalization.
~ Paul Krugman
You must distinguish sharply between being pro free enterprise and being pro business.
~ Milton Friedman
Wages are determined by the bitter struggle between capitalist and worker.
~ Karl Marx
Today, there are three kinds of people: the haves, the have-nots, and the have-not-paid-for-what-they-haves.
~ Earl Wilson
John Maynard Keynes essentially said, don't try and figure out what the market is doing. Figure out a business you understand, and concentrate.
~ Warren Buffett
Corporations are not in business to be social-welfare organizations; they are there to make money.
~ Benjamin Carson
Capitalism, communism ... it's all garbage.
~ Mstislav Rostropovich
Health is the fastest growing failing business in western civilization.
~ E. Cheraskin
You must value the business in order to value the stock.
~ Charlie Munger
However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions.
~ Gerard Arpey
In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
~ Warren Buffett
America is a business. If you can't afford to do something, no matter how much bellyaching everybody does I'm so sorry, if you can't afford it, you shouldn't do it.
~ Paul Stanley
THERE is widespread agreement among economists that abuse of credit constitutes one of the chief unwholesome elements in business booms and is mainly responsible for the ensuing crash and depression.
~ Benjamin Graham
A low wage business is always insecure.
~ Henry Ford
Give me a one-handed economist! All my economists say, On the one hand on the other.
~ Harry S. Truman