Quotes About Economics

Economics has revealed a great truth about the natural law of human interaction: that not only is production essential to man's prosperity and survival, but so also is exchange.

Communism can't survive the captivating allure of capitalism.

I don't think capitalism can survive.

You know what kind of companies generally survive? Companies that make more money than they spend. I know, duh, right?

What we have at present is a system of loss socialism. Whatever goes wrong is shouldered by the general public and anything that works is privatised. Worshippers of market freedom have suspended the most important economic principle: Risk and liability go hand in hand.

The laws of the marketplace are physical laws, and they don't become suspended in a crisis any more than the law of gravity does.

Economically as well as emotionally, modern marriage has become like an affluent gated community. It has become harder for low-income Americans to enter and sustain.

I have said repeatedly that the way to sustainable growth is to bring down inflation to much more reasonable levels.

What attracted me towards microfinance is it's a very sustainable business, which has an impact on people's lives yet it can be very profitable.

Writing and thinking is not economically sustainable.

Fishing in sustainable ways means fewer fish, higher quality, better price at the market. That is a formula that is good for the environment and the fisherman but bad for the consumer.

The Reagan years showed us that expanding economic freedom should be the North Star - the guiding light - of U.S. policy, because it is the best way to achieve sustained and broad-based prosperity for all.

A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.

Practically the only way to dry the swamp of radical Islam is through economic development and an improved standard of living.

I want to know who is spending $1,000 on a sweater! That makes no sense!

No deal wouldn't return sovereignty to the U.K., it would make us dependent on a sweetheart deal with Donald Trump.

The great thing about behavioural psychology and economics is that they help us to see that there are actually pretty good reasons why human beings swing from greed to fear, and why we're not really calculating machines or utility-maximisers.

Banks don't come with an internal switch that says, 'Enough! Let's slow down a little.' Or, 'Let's just share this wealth around for the benefit of the community now.' That's the job of government.

We've switched from a culture that was interested in manufacturing, economics, politics - trying to play a serious part in the world - to a culture that's really entertainment-based.

Farming implements are as cheap in Sydney as in England.

China and the U.S. have a very symbiotic relationship which will not decline any time soon. There are more shared interests as compared to shared differences and for this reason relations will continue to be good.

There's a simple arithmetical logic at work. Build more unaffordable and not always architecturally sympathetic apartments, watch the rents rise, the tarts leave, the small shops, production offices and design studios close down, and hey presto, we have another fashionable London suburb indistinguishable from the rest.

Moreover, Hispanics' sympathy for big government represents a cultural predilection as well as an economic one.

One of the symptoms of an absence of innovation is the fact that you lose your jobs. Everyone else catches up with you. They can do what you do better than you or cheaper than you. And in a multinational corporate-free market enterprise, it is the company's obligation to take the factory to a place where they can make it more cheaply.