Quotes About Economics

Those who claim that to leave the E.U. would damage the City are the very same as those who in the past confidently predicted, with a classic failure of understanding, that the City would be gravely damaged if the U.K. failed to adopt the euro as its currency.

People who are rich find it hard to understand the behavior of poor people. Economists are no exception, for they, too, find it difficult to comprehend the preferences and scarcity constraints that determine the choices that poor people make.

Categorizing people economically and hating them because you think they're this way is a prejudice.

The net effect of cutting commercials in half is a fairly serious economic reality for Premier - and for me.

The Premier League has the power to spend more money on players than the Bundesliga. This is very, very important for players.

Economists at the National Bureau of Economic Research and University of Chicago persuasively argue that one of the biggest reasons for the nation's current obesity epidemic is that food is now so much cheaper and easier to prepare.

Every budget I have ever prepared has been balanced.

There is no disputing the fact that American consumers pay 30 to 300 percent more for the same prescription drugs as our counterparts in Canada, Europe, and the rest of the world.

Too many hardworking people are getting crushed by the rising cost of premiums, copays, and prescription drugs.

It is too expensive to have a bricks and mortar presence everywhere.

My citizen activism is a direct outgrowth of a classical and fiscally conservative training in economics at Harvard. It is a perspective rooted in one of the most important concepts in economics - the need for government intervention in the presence of a market failure.

I believe in individual freedoms and I believe that the state must be present when the markets demand it.

Prostitution presents a moral, economic and social problem that cannot be resolved juridically.

Think how modern economics presents work. Only labour that contributes to growth counts.

Poverty existed before January 20, 2008, OK? Before President Obama took office.

President Obama has contempt for real money.

Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or more accurately a set of overlapping and squabbling faiths, each with its own doctrines.

I'm not going to negotiate with Brazil for its pretty face. I'm going to negotiate with Brazil because they're going to open their car-manufacturing market.

Economic forecasting has actually got pretty good over the years, though admittedly, we don't always get it right.

In economics, it is easier to agree on the data than to agree on causality.

Debt is one person's liability, but another person's asset.

I don't see why anybody's playing chicken with the debt ceiling.

The kind of capitalism I hate most is crony capitalism, the friends who decide. These are things which should be killed in Russia.

As you decline in years, you decline in the marketplace.