Quotes About Economics

With the exception of the instinct of self-preservation, the propensity for emulation is probably the strongest and most alert and persistent of the economic motives proper.

The first law of economics is that when the price goes up, consumption comes down. This is a divine law.

Decreased business base increases overhead. So does increased business base.

The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom.

I don't like all this business stuff. I like stocks.

When bankers get into business they usually destroy it.

The simple truth is that our businessmen do not want a government that will let business alone. They want a government they can use.

Taxes cause the most bad business decisions.

Business is business, no child's play.

Only one fellow in ten thousand understands the currency question, and we meet him every day.

(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss

There is a good deal of solemn cant about the common interests of capital and labor. As matters stand, their only common interest is that of cutting each others throat.

One trouble is that when Government gets into a business it tends to make it uneconomic for anyone else.

Stock prices have been quoted in fractions for two centuries, based on a system descended from Spanish pieces of eight. Each dollar was cut into eight bits worth 12.5 cents each.

I want them poor and they deserve to be poor. You can't have capitalism without punishment.

That's part of the problem, the overkill. And when they make it complicated, they make it expensive and so then you can no longer stay in business.

I saw how the regulation I called for made things worse, didn't help consumers and simple competition was better. And I started praising business and occasionally criticizing regulation.

You should look at stocks as small pieces of business.

In thousands of years there has been no advance in public morals, in philosophy, in religion or in politics, but the advance in business has been the greatest miracle the world has ever known.

I'm a registered Republican and consider socialism a violation of the American principle that you shouldn't stick your nose in other people's business except to make a buck.

Cash in must exceed cash out.

Don't have any opinions. They're bad for business.

In a commodity business, it's very hard to be smarter than your dumbest competitor.

Yesterday's corporations visibly cannot meet today's economic challenges.