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Quotes About Economics

If we are going to achieve a real equality, the U.S. will have to adopt a modified form of Socialism.
~ Martin Luther King, Jr.
Equality begins with economic empowerment.
~ George H. W. Bush
The Left is not interested in prosperity, it is interested in equality
~ Dennis Prager
There are social democrats and others who are marching more in the direction of equality, whether you call them socialists or communists... Capitalism has only hurt Latin America.
~ Evo Morales
Markets are fundamentally volatile. No way around it. Your problem is not in the math. There is no math to get you out of having to experience uncertainty.
~ Ed Seykota
It appears, accordingly, from the experience of all ages and nations, I believe, that the work done by freemen comes cheaper in the end than that performed by slaves.
~ Adam Smith
Experience has shown that the trade of the East is the key to national wealth and influence.
~ Chester A. Arthur
The ideal situation for any state is to experience sharp economic growth while its rivals' economies grow slowly or hardly at all.
~ John Mearsheimer
No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.
~ Ludwig von Mises
My experience politically has always been that one-word definition of politics: money. Keep your eye on the buck. And that tells you where the American people are going to be.
~ Douglas Wilder
Protectionism is the institutionalization of economic failure.
~ Edward Heath
[C]apitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.
~ James Grant
All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the market.
~ Ludwig von Mises
Japan has introduced fiscal stimulus five times in the past seven or eight years and each time it's been a failure and that's not a surprise. Fiscal stimulus is not stimulating in and of itself.
~ Milton Friedman
A man has one hundred dollars and you leave him with two dollars, that's subtraction.
~ Mae West
Capital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed.
~ Mahatma Gandhi
La única forma lógica de servir a la «fuerza» primigenia era mediante el «proceso». La idea consistía en contribuir a impulsar el proceso hasta el último objetivo de la fuerza: la homogeneidad cultural, política, social y económica de las naciones de la Tierra.
~ Unknown
Health economists have estimated that an injection of $250 million per year in Indigenous clinical care, and $50 million in preventative care, is required to provide services at the same level as for any other group with the health conditions of Indigenous Australians.
~ Malcolm Fraser
In our system, by world standards we have a high top marginal rate (45 per cent plus 2 per cent for the Medicare levy) and it currently cuts in at $180,000, which at only a little more than twice average full-time earnings, is a relatively low threshold.
~ Malcolm Turnbull
You show me a capitalist, and I'll show you a bloodsucker.
~ Malcolm X
You show me a capitalist, and I'll show you a bloodsucker
~ Malcom X
They taught us to manage money and how to et a good price for our eggs, chickens or pigs. We used to know how to do that -- we weren't dumb; but since we never had any surplus, we had no money to manage. The only money we ever saw went right past us; no sooner had we earned a few cents than they were spent on aspirin . . . those kinds of things.
~ Unknown
It's easier to imagine the end of the world than the end of capitalism.
~ Unknown
Buying is an activity understood by economists. Shopping is a phenomenon of interest to anthropologists and sociologists.
~ Unknown