Quotes About Economics

Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.

Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.

Corruption is government intrusion into market efficiencies in the form of regulations.

The trouble with government regulation of the market is that it prohibits capitalistic acts between consenting adults.

Only government can cause inflation, preserve monopoly, and punish enterprise.

Bankruptcies of governments have, on the whole, done less harm to mankind than their ability to raise loans.

Governments harangue about deficits to get more revenue so they can spend more.

I think coercive taxation is theft, and government has a moral duty to keep it to a minimum.

A government debt is a government claim against personal income and private property - an unpaid tax bill.

Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment.

While communism is the control of business by government, fascism is the control of government by business.

People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism.

The ambition of the present Labour government is that every worker in the country will have a greater than average income.

Laissez faire (in its full true meaning) opens the way to the realization of the noble dreams of socialism.

Government does not solve problems; it subsidizes them.

Governmental subsidy systems promote inefficiency in production and efficiency in coercion and subservience, while penalizing efficiency in production and inefficiency in predation.

Competition does a much more effective job than government at protecting consumers.

I think it is just stupid economics for a government to approach economic management from a strand of thinking regarding unions as enemies.

A leader has to know how the system functions - not just the system of government but the whole social and economic system, including business, the unions, and the universities.

The natural tendency of government, once in charge of money, is to inflate and to destroy the value of the currency.

If government were a product, selling it would be illegal.

The government has nothing to give to anybody that it doesn't first take from someone else.

To establish any mode to abolish war, however advantageous it might be to Nations, would be to take from such Government the most lucrative of its branches.

Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.