Quotes About Economics

the morality of capitalism, just like the morality of democracy, is rooted in consent.

Unequal prosperity is better than shared poverty.

Fascism is state-directed capitalism.

Remarkably, southern whites made the journey from Democratic to Republican for the same reason that southern blacks switched parties from Republican to Democratic. In both cases, the switch occurred for economic—not racial—reasons.

Inequality of outcomes is not seen as a necessary evil that government should seek to remedy; rather, the government itself exists to guard citizens' right to accumulate unequal fortunes and property.

socialism is the ideology of thieves and

Socialism has made everyday existence a living hell nearly everywhere it has been tried, all over the world.

During the Reagan years the left fretted about "two hundred billion dollar deficits as far as the eye can see." What were annual deficits under Reagan became monthly deficits under Obama. In less than eight years, Obama has doubled the national debt.

To have true socialism, he said, we first establish capitalism, totally and heartlessly, and then destroy it by degrees, bury it in the sea.

business that makes and sells durable goods faces a problem: As soon as everyone who wants the product has it, then there is no need for more.

Most of human behavior is a result of subconscious processes. We are unaware of them. As a result, many of our beliefs about how people behave—including beliefs about ourselves—are wrong. That is why we have the multiple social and behavioral sciences, with a good dash of mathematics, economics, computer science, information science, and neuroscience.

The first thing I did was make a mistake. I thought I had understood capitalism, but what I had done was assume an attitude -melancholy sadness- toward it.

Customers are much more likely to buy a $500 item if they can get it for only $200.

We're going to build a wall and Mexico is going to pay. And the reason they're going to pay and the way they're going to pay, Bob, is this. We have a trade deficit now with Mexico of $58 billion a year. The wall is going to cost $10 billion a year. That's what it's going to cost. It's going to be a powerful wall. It's going to cost $10 billion.

Penster is exclusively a smart book on capitalism, I suggested capitalists around the world to read this book and understand in-depth those theories & ground of capitalism and own those things.

An object—any object—was worth whatever you could get somebody to pay for it.

Boy did he hate banks. He told me once that the Founding Fathers worried more about banks than they worried about the British. They knew that banks had been causing chaos, bringing empires to their knees, for centuries, all in the name of free enterprise. Photographer

As President Dwight D. Eisenhower said, "You know, farming looks mighty easy when your plow is a pencil, and you're a thousand miles from the corn field." The same is true of warfare; it looks mighty easy when your rifle is a budget approval and you are six thousand miles from the battlefield.

Could NATO, not see that sanctions had inadvertently made the Russian president, and the oligarchy he protected, richer than they could have possibly imagined?

There is no difference in principle, ... between the economic philosophy of Nazism, socialism, communism, and fascism and that of the American welfare state and regulated economy.

This infuriated my father, who said BYU was a "meat market" and that if Heavenly Father didn't intend women to understand economics, why did He give them charge of households, and if women weren't intended to understand philosophy, why were they the first teachers of the word, and if they weren't intended to practice psychology, why did the Lord intend they should be mothers?

The proletarian was alienated not only because he was the servant of the bourgeois but because he became a stranger to the human condition, a sort of automaton filled with economic machinery and worked by and economic switch.

Inflation consists of subsidizing expenditures that give no returns with money that does not exist.

Covid-19 vaccine and medicine will be only effective in making rich people further richer especially pharma cos and poor population more poorer.