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Quotes About Economics

The government doesn't have any money. The only power it has is to take from some and give to others.
~ Milton Friedman
The combination of economic and political power in the same hands is a sure recipe for tyranny.
~ Milton Friedman
The Left loves the poor so much it creates more of them every time it gets into power.
~ Silvio Berlusconi
The issuing power [of money] should be taken from the banks and restored to the people, to whom it properly belongs.
~ Thomas Jefferson
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.
~ Peter Schiff
The best of all monopoly profits is a quiet life.
~ Sir John Richard Hicks
Whichever party is in office, the Treasury is in power.
~ Harold Wilson
Unfortunately, it is not in the power of government to make everyone more prosperous. Government can only raise the income of one person by taking from another.
~ Hans F. Sennholz
If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
~ Ludwig von Mises
It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is a challenge to the conceit of those in power.
~ Ludwig von Mises
Perhaps it is one secret of their power that, having studied the fluctuations of prices, the [bankers] know that history is inflationary.
~ Will Durant
An economist's guess is liable to be as good as anybody else's.
~ Will Rogers
If you make any money, the government shoves you in the creek once a year with it in your pockets, and all that don't get wet you can keep.
~ Will Rogers
Alexander Hamilton started the U.S. Treasury with nothing -- and that was the closest our country has ever been to being even.
~ Will Rogers
Communism is like prohibition, it's a good idea but it won't work.
~ Will Rogers
Religion and art spring from the same root and are close kin. Economics and art are strangers.
~ Willa Sibert Cather
us?" Hal's analytical brain was working hard. "It can't be a personal grudge. You get along with everybody. You haven't any personal enemies. It can't be political—you don't mix in politics. There are lots of revolutionaries in these Latin American countries with axes to grind, but you've never had anything to do with that sort of thing. So it must be economic." "What
~ Willard Price
In those years from 1893 to 1896, Congress was thrown into turmoil by the demand for "the free coinage of silver at sixteen to one" when the commercial ratio was about thirty to one.
~ William Allen White
The "trickle-down" theory: the principle that the poor, who must subsist on table scraps dropped by the rich, can best be served by giving the rich bigger meals.
~ William Blum
The great bulk of Marshall Plan funds returned to the United States, or never left, being paid directly to American corporations to purchase American goods. The US Agency for International Development (AID) stated in 1999: 'The principal beneficiary of America's foreign assistance programs has always been the United States.
~ William Blum
Given time to attend to their own affairs in exchange for subsisting themselves, slaves gardened, tended to barnyard animals, and hunted and fished on their own. Occasionally, they manufactured small items and sold them to their owners, neighbors, or other slaves." Money was not the issue. The correlation to examine was between work and power.
~ William C. Rhoden
The tendency of taxation is to create a class of persons who do not labor, to take from those who do labor the produce of that labor, and to give it to those who do not labor
~ William Cobbett
Good government is known from bad government by this infallible test: that under the former the labouring people are well fed and well clothed, and under the latter, they are badly fed and badly clothed.
~ William Cobbett
India's transition to colonialism took place under a for-profit corporation, which existed entirely for the purpose of enriching its investors.
~ William Dalrymple