Quotes About Economics

So that the record of history is absolutely crystal clear: There is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.

I wish I'd said it first, and I don't even know who did: The only problems that money can solve are money problems.

If an article is attractive, or useful, or inexpensive, they'll stop making it tomorrow; if it's all three, they stopped making it yesterday.

This whole idea of using your hands, your back, and trading your hours for dollars is WRONG!

If the history of British rule in India were to be condensed into a single fact, it is this: there was no increase in India's per capita income from 1757 to 1947.

the problem with socialism is, was, and always will be that sooner or later the government runs out of other people's money to spend. If it continued to take from those who work and produce, before long they stop producing, and then there is no one left to get it from.

Spend a few hours every week studying American history, human nature, and economic theory. Start with "Economics in One Lesson." Then try Keynes. Then Hayek. Then Marx. Then Hegel. Develop a worldview that you can articulate as well as defend. Test your theory with people who disagree with you. Debate. Argue. Adjust your philosophy as necessary.

So, for a variety of reasons, ranging from convenience to fear to economics, people stayed in their own neighborhood, loving it, enjoying the closeness, the friendliness, the familiarity, and trying to save enough money to move out.

I can inspire people on how to use money, how to get economically powerful.

Political Freedom without economic equality is a pretense, a fraud, a lie and the workers want no lying.

Freedom in economic arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself…. Economic freedom is also an indispensable means toward the achievement of political freedom.

We have a system that increasingly taxes work and subsidizes nonwork.

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.

So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed?

The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.

History suggests that Capitalism is a necessary condition for political freedom.

I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

Most economic fallacies derive - from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U.S. is now 45 percent socialist.

The burden of government is not measured by how much it taxes, but by how much it spends.

The price works so well, so efficiently, that we are not aware of it most of the time.