Quotes About Economics

Money is always there but the pockets change it is not in the same pockets after a change and that is all there is to say about money.

Bankers know that history is inflationary and that money is the last thing a wise man will hoard.

If poor people are spending their own money, it is amazing how fast they will figure out how to keep a lid on medical bills.

Poverty is not just a sad accident, but it's also a result of the fact that some people make a lot of money off low-income families and directly contribute to their poverty.

You cannot go to sleep with one form of economic system and wake up the next morning with another.

Profit is a reward for satisfying the desire of someone else.

Land monopoly is not only monopoly, but it is by far the greatest of monopolies; it is a perpetual monopoly, and it is the mother of all other forms of monopoly.

Malthus has been buried many times, and Malthusian scarcity with him. But as Garrett Hardin remarked, anyone who has to be reburied so often cannot be entirely dead.

The notion that college education is a cost-effective way to help poor, low-skill, unmarried mothers with high school diplomas or GEDs move up the economic ladder is just wrong.

My mother is an office manager, my father a professor of economics and financial planner.

Money is the mother's milk of everything, and it certainly is the mother's milk of politics.

On Economic Nobel Prize 2014: I see one of my daughters is on Skype with me from London and in fact it is actually quite moving for the whole family of course.

There is an important distinction between barriers to entry and barriers to imitation.

You know capitalism is this wonderful thing that motivates people, it causes wonderful inventions to be done. But in this area of diseases of the world at large, it's really let us down.

I just knew that economics had never been my big motivation.

The movies have got more corporate, they're making fewer movies in general, and those they are making are all $200-$300m tent-pole releases that eat up all the oxygen.

A lot of people don't know about music, but buy records. A lot of people that know about music can't afford to buy records.

Money is of a prolific generating nature. Money can beget money, and its offspring can beget more.

Globalisation is not something that we can hold off or turn off. It is the economic equivalent of a force of nature, like wind or water.

The crux of the matter, is that people don't understand the true nature of money. It is meant to circulate, not be wrapped up in a stocking

I think markets will never be efficient because of human nature.

Although gold and silver are not by nature money, money is by nature gold and silver.

Some critics accuse capitalism of being a selfish system, but the selfishness is not in capitalism - it is in human nature.

Capitalism itself is not to be condemned. And surely it is not vicious of its very nature, but it has been vitiated.