Quotes About Economics

money isn't a material reality – it is a psychological construct.

cuando un terrateniente, un tejedor o un zapatero obtiene mayores beneficios de los que necesita para mantener a su familia, utiliza el excedente para emplear a más ayudantes, con el fin de aumentar todavía más sus beneficios. Cuantos más beneficios obtenga, más ayudantes podrá emplear. De ahí se sigue que un aumento en los beneficios de los empresarios privados es la base del aumento de la riqueza y la prosperidad colectivas.

To stay relevant—not just economically but above all socially—you will need the ability to constantly learn and to reinvent yourself, certainly at a young age like fifty.

The economic pie of 2014 is far larger than the pie of 1500, but it is distributed so unevenly that many African peasants and Indonesian labourers return home after a hard day's work with less food than did their ancestors 500 years ago.

El capital se va paulatinamente de los estados dictatoriales que no defienden a los individuos privados y su propiedad. En cambio, afluye a los estados que hacen cumplir la norma de la ley y de la propiedad privada.

The collapse of the family and the local community and their replacement by the state and the market.

In the late 1830s the Chinese government issued a ban on drug trafficking, but British drug merchants simply ignored the law. Chinese authorities began to confiscate and destroy drug cargos. The drug cartels had close connections in Westminster and Downing Street – many MPs and Cabinet ministers in fact held stock in the drug companies – so they pressured the government to take action. In 1840 Britain duly declared war on China in the name of 'free trade'.

Technology is never deterministic, and the fact that something can be done does not mean it must be done. Government regulation can successfully block new technologies even if they are commercially viable and economically lucrative.

What Smith says is, in fact, that greed is good, and that by becoming richer I benefit everybody, not just myself. Egoism is altruism.

There is just no such thing as "Christian economics," "Muslim economics," or "Hindu economics.

Even more alarmingly, the richest one hundred people together own more than the poorest four billion.

Rather, capitalism won the Cold War because distributed data processing works better than centralised data processing, at least in periods of accelerating technological change.

Bourgeoisie and Proletariat.

Wars not only make nations; they make bankers.

It is quite possible that China may reach the stages of socialism and communism considerably later than your countries in the West which are so much more highly developed economically.

Cuando te centras únicamente en el dinero, o si te encuentras en una situación económica que te obliga a tener que cerrar la venta, instintivamente presionarás mucho o no pensarás más que en tu necesidad, añadiendo presión sobre ti mismo y aumentando tu sensación de ansiedad.

Religion has become so many different things. Religion is an economic thing for some people. Religion is a gun.

Przenikliwa i przewiduj?ca polityka Niemców dosz?a do wniosku, ?e Ukraina, chocia? ?yzna i bogata, o tyle tylko mo?e sta? si? dla nich z?otono?na kur?, o ile przywrócona b?dzie na niej wi?ksza w?asno?? ziemska.

The dirty little secret is that the pool man, who's making $30 000 a year, is subsidizing the million-dollar mortgage for the family whose pool he cleans. No wonder people want to get rid of tax breaks for corporate jets.

There is nothing at which government is more adept or diligent than relieving people of their money.

If we seized all the assets of the eighty-five wealthiest people in the world to make a fund to give annually to the poorest half, it would raise their spending power by less than 10 cents a day.

The forces that will drive the whole world to become rich are temperate self-interest and temperate governance. As Adam Smith put it in 1755, "Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things.

Humanomics doesn't give up on science. On the contrary, it yields the best scientific explanation of how we got rich, 1800 to the present, and how the whole world soon will, and it gives us, too, a reason to be good.

the much-maligned "capitalism" has raised the real income per person of the poorest since 1800 not by 10 percent or 100 percent, but by over 3,000 percent.