Quotes About Economics

All that Communism needs to make it successful is someone to feed and clothe it.

Soy conservador en los problemas económicos, pero liberal cuando tratamos problemas humanos».

Socialists, like the New York Governor, consider competition to be stealing.

After 1619—when Great Britain entered into the slave trade—some ten million African slaves were shipped to North America and South America, all the way down to Brazil. "In Virginia, during the 1680s, there were still only 3,000 slaves in a population of 70,000, but by 1756 they numbered over 100,000, about 40 percent of the population," wrote historian James Ferguson.

There's always somebody who is paid too much, and taxed too little - and it's always somebody else.

In Europe, however, the standard of living has not been reversed, except temporarily in time of war, since the late 1600s. No one knows the causes for this, although much analysis has been made, the best known being that of Adam Smith who argued, in The Wealth of Nations (1776), that societies can promote economic growth by establishing peace, low taxes, and impartially implemented laws to protect property and investments.3

We get divided generationally and in other ways - libertarians versus more traditional social conservatives, for example - and we've got to provide some flexibility there. But we don't need to have quite so many litmus tests. We need to have our big picture focused on economic issues.

The traditional story of economists has been to say education explains what the returns are to school. I say, 'Okay, that's fine, but what explains the education? How much is just a matter of my giving you a poor kid versus a rich kid?'

'Bernie versus Bernie,' for me, is these two extremes of capitalism. It's Bernie Sanders, the ultimate socialist, and Bernie Madoff, the ultimate capitalist.

Economists actually disagree about whether there are significant economic returns from attending an elite college versus a less-selective one.

The very design of neoliberal principles is a direct attack on democracy.

The one thing people don't appreciate, I think, is that central banking is not a new development. It's been around for a very long time.

I see no reason for giving the capital employed in agriculture greater protection than the capital vested in other branches of trade, manufacture, or commerce.

Cutting the fiscal deficit is not popular. That is the experience of all governments in all countries. Expenditure cuts hurt certain vested interests, and they don't like it.

In the neoliberal era, rolling back the state has in practice meant withdrawing state support and social security for the majority, but continuing vast subsidies for vested interests.

What we've seen is too many Californians and veterans moving to other states across this country because California is just simply not affordable.

When the Smoot-Hawley bill landed on President Herbert Hoover's desk, more than 1,000 economists urged him to veto it. Tragically, the president ignored their pleas.

I've never enriched myself via privatization schemes in Eastern Europe.

The rich support the poor primarily via taxes.

When politicians talk of loan waiver, they are accepting that agriculture is not economically viable. They are giving a wrong signal that farming is not economically viable. It's true. That's where the loan waiver comes in.

I see how these beautiful forests are now open to destruction because of technology. Companies are able to get into more and more remote places that weren't economically viable before.

I went to school for economics, and especially in Asian culture it's not really a viable job for my family to be an artist.

In the early years of Rent the Runway, our challenge was twofold: getting investors to buy into our vision for how the world was changing and getting women to understand that renting was a viable - let alone a smarter - alternative to spending hundreds of dollars on dresses they would wear just once.

If we can go some way to creating a vibrant anaerobic digestion industry here in the U.K., we will be reaching our goals both in terms of economics and the environment.