Quotes About Economics

Standing to one side watching the politicians and the journalists and the cameras is one of the factory's owners, John Kernahan, who tells me Sulo's annual turnover is $85 million. So the carbon tax? "It's not a biggie.

Neo-Liberalism promised us a Global Village and gave us a Potemkin Village.

A nickel ain't worth a dime anymore.

Anyone who thinks you can have infinite growth on a finite planet is either a madman or an economist. —Kenneth Boulding

IQ is a very important predictor, not just of academic success, but of economic success.

The 'spirit of Davos' has definitely achieved a thing or two.

I don't believe we need to choose between addressing economic issues and addressing issues of social or racial justice.

I don't want projects to take 10 years to set up. That adds to the cost.

In many ways Africa subsidised America and Europe's development.

Es fehlt uns eben leider nie an Geld für unsere Launen. Wir markten nur um den Preis für nützliche oder notwendige Dinge.

If one is approached with a deal predicated on cycles having ceased to occur, remember that invariably that's a losing bet.

No asset class or investment has the birthright of a high return. An asset is only attractive if it's priced right.

I learned more about economics from one South Dakota dust storm than I did in all my years in college.

No, the art of government was to curb and guide men's greedy appetites into useful courses, so that, as the Scottish economist Adam Smith proposed, private vice could be public gain. Hamilton

The book of Job highlights the theme that God has marvelously designed the universe, the earth, and all its life in such a way as to harmonize ethics and economics. When we humans face a crisis or dilemma that appears to force a choice between ethics and economics, we can be sure God has provided a solution that compromises neither. Through

Once men inure themselves against the obvious injustices of slavery and defend its use for the economic advantages they believe it brings, humanity deserts them

It wouldn't be strange that there had been civilization on Mars, but once capitalism got there it would finish the planet

wouldnt be strange that there had been civilization on Mars, but once capitalism got there it would finish the planet.

Political scientists don't work at bankswhich is a problem. As political issues become more important for the markets, analysts at banks are asked all sorts of questions they don't have the ability to answer. And if you're getting paid to answer questionsas analysts at banks areyou never want to be in the position of saying you don't know.

An emerging market is a country where politics matters at least as much as economics to the market.

India and China offer intriguing mirror images. Modern India has long been open politically and, until recently, closed economically. Modern China has opened economically, but remains politically closed. The comparison reveals that, while politics and economics can never fully be separated, political openness is a better guarantor of long-term stability than economic openness.

Price is not the same thing as value. Over the long term, value should be the same as a price that leads to proper decisions about consumption, exploitation, and investment, without extinguishing the resource.

The Black–Scholes equation changed the world by creating a booming quadrillion-dollar industry; its generalisations, used unintelligently by a small coterie of bankers, changed the world again by contributing to a multitrillion-dollar financial crash whose ever more malign effects, now extending to entire national economics, are still being felt worldwide.

Anyone who gives a lot of money to the poor must have robbed them first . . . poverty is only the result of the workers not getting proper reward for their labor.