Quotes About Economics

We will be returning to historical levels of inequality. We'll view post-war America as a kind of strange interlude not to be repeated. It won't be the dreams that we all had that virtually all incomes go up in lockstep at three percent a year. It hurts to give that up.

The subsidy for employer-sponsored coverage has tethered health care to employment in a way that virtually no economist endorses.

Capital is money, capital is commodities. By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.

My hope is that people begin to understand what the fiscal realities are - how economic virtue differs from political virtue - and develop a realization of their individual economic philosophy in comparison to their perceived political ideology.

There is regressivity built into the tax code by virtue of its complexity.

Value manifests itself as exchange value, as a quantitatively determined relationship, in virtue of the fact that one commodity can be exchanged for another.

My parents had always preached the virtues of hard work. But hard work is one thing; economic struggle is another.

We're trying to make our software available to users in as economically efficient a way as possible. That means distributing the software directly to them; taking payment through Mastercard, Visa, Paypal, and other options; and not having a store take 30 percent.

The benefits of freer trade, such as job creation, lower inflation, and greater consumer choice, are often invisible or only partly visible.

It was interesting to find how dominating American vision is all over the world. I think there's something to be said about the world's mindset and its economics and all of that, and I think it affects the way we see ourselves and it affects music.

I never viewed money as being 'my money' I always saw it as 'the money.' It's a resource. If it pools up around me then it needs to be flushed back out into the system.

human-intensive services business is entirely different. In services you don't make a product and then sell it. You sell a capability. You sell knowledge. You create it at the same time you deliver it. The business model is different. The economics are entirely different.

In 2011, the total world wealth1 was calculated to be $231 trillion, up from $195 trillion in 2010.2 Since we are almost 7 billion, that was about $33,000 per person, or $51,000 per adult, as the report indicates. The figures give a clear sense of the level of inequality. In the same year, we spent $498 billion on advertisements.3

The whole world organizes itself around the fact that people manage to get their awkward bodies in position to fuck, an achievement honored by toasters, tandems, and tax cuts.

When will the people see the real cause of all their woe—the private ownership of the means of life? When will the masses learn that property is theirs and theirs only who has produced it—earned it?

Everybody thinks of economics whether he is aware of it or not. In joining a political party and in casting his ballot, the citizen implicitly takes a stand upon essential economic theories.

Marriage emerged some forty-five hundred years ago and evolved into a widespread and accepted institution that bonded families, maintained order, and created wealth. Unlike today, where many of us are searching for our romantic "soul mate," marriage was originally more about economics than deep emotion.

The attainment of the economic aims of man presupposes peace.

The common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality.

It is the consumers who make poor people rich and rich people poor.

If one prevents a man from working for the good of society while at the same time providing for the satisfaction of his own needs, then only one way remains open to him: to make himself richer and others poorer by the violent oppression and spoliation of his fellow men.

In a capitalist society one can hold on to one's fortune only if one perpetually acquires it anew by investing it wisely.

Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things. Only economic action has created the wealth around us; labor, not the profession of arms, brings happiness. Peace builds, war destroys.

Since its appearance the view that prostitution is a product of capitalism has gained ground enormously. And as, in addition, preachers still complain that the good old morals have decayed, and accuse modern culture of having led to loose living, everyone is convinced that all sexual wrongs represent a symptom of decadence peculiar to our age.