Economics quotes:

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  • Economics is extremely useful as a form of employment for economists. -- John Kenneth Galbraith
  • Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life. -- Tyler Cowen
  • Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. -- Bill Vaughan
  • Economics is all about consumption. People either spend money now or they use financial instruments - like bonds, stocks and savings accounts - so they can spend more later. -- Adam Davidson
  • Geography has made us neighbors. History has made us friends. Economics has made us partners, and necessity has made us allies. Those whom God has so joined together, let no man put asunder. -- John F. Kennedy
  • Economics is not brain surgery. -- Benjamin Carson
  • Economics is not an exact science. -- John Kenneth Galbraith
  • Economics exists to make astrology look respectable. -- John Kenneth Galbraith
  • 95% of Economics is common sense deliberately made complicated. -- Ha-Joon Chang
  • Economics is a social science, not a physical science. -- Jim Stanford
  • Economics is too important to leave to the economists. -- Steve Keen
  • Economics is concerned with what emerges, not what anyone intended. -- Thomas Sowell
  • Basic Economics 101. It's the most complicated simple subject there is. -- Rush Limbaugh
  • Mathematics brought rigor to Economics. Unfortunately, it also brought mortis. -- Kenneth E. Boulding
  • Economics make homeopath and alternative healers look empirical and scientific. -- Nassim Nicholas Taleb
  • Economics are the method; the object is to change the soul. -- Margaret Thatcher
  • Economics dominates politics - and with that domination comes different forms of ruthlessness. -- Chris Hedges
  • Economics has paid a terrible price for its dalliances with the Keynesian and neoclassical theories. -- Edmund Phelps
  • Economics has become increasingly an arcane branch of mathematics rather than dealing with real economic problems. -- Milton Friedman
  • Economics is not about things and tangible material objects; it is about men, their meanings and actions. -- Ludwig von Mises
  • Religion and art spring from the same root and are close kin. Economics and art are strangers. -- Nathaniel Hawthorne
  • Economics was the only profession where a person could be considered an expert without having once been right. -- George Meany
  • Economics departments are dominated by Marxism, which is taken straight or on the rocks, in the form of Keynesianism. -- Ayn Rand
  • Economics is half psychology and half Grade Three arithmetic, and the U.S. does not now have either half right. -- Conrad Black
  • According to the Institute for International Economics, trade barriers cost American consumers $80 billion a year or more than $1,200 per family. -- Walter E. Williams
  • Economics for Everybody' begins with understanding God's principles for organizing His creation and what that means for us as creatures and stewards. -- R. C. Sproul
  • Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running. -- Ben Bernanke
  • Debates go on to this day about what caused the Great Depression. Economics is not very good at explaining swings in economic activity. -- Eugene Fama
  • Two Americans have been awarded the Nobel Prize for Economics. They are the first to figure out all the charges on their telephone bill. -- Jay Leno
  • Economics as currently presented in textbooks and taught in the classroom does not have much to do with business management, and still less with entrepreneurship. -- Ronald Coase
  • Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much. -- Ben Bernanke
  • Economics is not brain surgery. -- Benjamin Carson
  • Economics is really politics in disguise. -- Hazel Henderson
  • Economics, politics, and personalities are often inseparable. -- Charles Edison
  • Economics is (now) about emotion and psychology. -- Robert J. Shiller
  • Economics and ethics are not mutually exclusive. -- Lionel Tiger
  • Economics and ethics have little in common. -- Agnes Repplier
  • Economics is a form of brain damage, -- Hazel Henderson
  • Inflation is always and everywhere a monetary phenomenon. -- Milton Friedman
  • Poorly paid labor is inefficient labor, the world over. -- Henry George
  • Nothing is so permanent as a temporary government program. -- Milton Friedman
  • Economics is the continuation of energy/resources by other means. -- Michael Ruppert
  • Economics is about creating win-win situations. But in sports, someone loses. -- Stan Kroenke
  • transformation begins with the individualDr William Edwards DemingThe New Economics - 1993 -- Priyavrat Thareja
  • Economics is the study of how society manages its scarce resources. -- Greg Mankiw
  • Economics is a subject that does not greatly respect one's wishes. -- Nikita Khrushchev
  • Economics is primarily useful, both to the student and to the -- Henry Calvert Simons
  • Economics is haunted by more fallacies than any other study known to man -- Henry Hazlitt
  • From 1931 to 1937, I was a Fellow and Lecturer in Economics at Hertford College, Oxford. -- James Meade
  • Economics is a slave-driver. No one has free time; no one has any leisure. -- James Hillman
  • [A]n important new book. . . . Professor Akerlof and Rachel Kranton have invented Identity Economics. -- Daniel Finkelstein
  • Politics don't exist, actually. It's just a cheap business. Economics is what makes politics. -- Eugene Hutz
  • Economics becomes redundant if it can rationalise an exchange that sells the future of humankind. -- Andrew Simms
  • Political Economy or Economics is a study of mankind in the ordinary business of life. -- Alfred Marshall
  • Economics, n.: Economics is the study of the value and meaning of J. K. Galbraith ... -- Mike Harding
  • I went to the London School of Economics to study sociology and psychology on a serviceman's grant. -- Ron Moody
  • Economics is like the Dutch language - I'm told it makes sense, but I have my doubts. -- John Oliver
  • Economics and politics are the governing powers of life today, and that's why everything is so screwy. -- Joseph Campbell
  • Economics brings into view that conflict of choice is one of the permanent characteristics of human existence. -- Lionel Robbins, Baron Robbins
  • Economics teaches humility because it teaches us more about what we can't do than what we can do -- Peter Boettke
  • Economics has never been a science - and it is even less now than a few years ago. -- Paul Samuelson
  • I believe the power of Economics is to help provide a unique lens for looking at the world. -- Russ Roberts
  • Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable. -- Ben Bernanke
  • Economics is not an attempt to generalize human desires or human behavior; but to generalize the phenomena of price. -- Michael Joseph Oakeshott
  • I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. -- Milton Friedman
  • The only security men can have for their political liberty, consists in keeping their money in their own pockets. -- Lysander Spooner
  • Economics as a discipline has in effect become the study of capitalism. The two are taken as the same subject. -- John Lanchester
  • First rule of Economics 101: our desires are insatiable. Second rule: we can stomach only three Big Macs at a time. -- Douglas Horton
  • If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand. -- Milton Friedman
  • Conventional economics is a form of brain damage. Economics is so fundamentally disconnected from the real world, it is destructive. -- David Suzuki
  • 'Economics for Everybody' begins with understanding God's principles for organizing His creation and what that means for us as creatures and stewards. -- R. C. Sproul
  • Economics, we learn in the history of thought, only became a science by escaping from the casuistry and moralizing of medieval thought. -- Kenneth E. Boulding
  • The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. -- Friedrich August von Hayek
  • It was never my intention to marry anybody. Economics are basically the only reason to get married, but I'm very glad I did it. -- Helen Mirren
  • Economics is not a science, in the sense that a policy can be repeatedly applied under similar conditions and will repeatedly produce similar results. -- Millicent Fenwick
  • Look at the declining television coverage. Look at the declining voting rate. Economics and economic news is what moves the country now, not politics. -- Robert Teeter
  • Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human condition. -- Dale T. Mortensen
  • Perfect competition' is considered both the ideal and the default state in Economics 101. So-called perfectly competitive markets achieve equilibrium when producer supply meets consumer demand. -- Peter Thiel
  • [E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics -- Ludwig von Mises
  • When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact. -- Warren Buffett
  • Economics is uncertain because its fundamental subject matter is not money but human action. That's why economics is not the dismal science, it's no science at all. -- Julian Baggini
  • Economics, as it has emerged, can be made more productive by paying greater and more explicit attention to the ethical considerations that shape human behaviour and judgment. -- Amartya Sen
  • Economics is sometimes associated with the study and defense of selfishness and material inequality, but it has an egalitarian and civil libertarian core that should be celebrated. -- Tyler Cowen
  • It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion. -- Adam Smith
  • We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle. -- Winston Churchill
  • Economics has been called the dismal science. Once you get to understand it, you may not find it so dismal, but you don't find it much of a science either. -- Jean Chretien
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  • Home Economics stands for the ideal home life for today unhampered by the traditions of the past and the utilization of all the resources of modern science to improve home life. -- Ellen Swallow Richards
  • All of the problems we're facing with debt are manmade problems. We created them. It's called fantasy economics. Fantasy economics only works in a fantasy world. It doesn't work in reality. -- Michele Bachmann
  • Every nation on the Earth that embraces market economics and the free enterprise system is pulling millions of its people out of poverty. The free enterprise system creates prosperity, not denies it. -- Marco Rubio
  • Economics is not politics. One is a science, concerned with the immutable and constant laws of nature that determine the production and distribution of wealth; the other is the art of ruling. -- Frank Chodorov
  • Geography has made us neighbors. History has made us friends. Economics has made us partners. And necessity has made us allies. Those whom nature hath so joined together, let no man put asunder. -- John F. Kennedy
  • The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics. -- Thomas Sowell
  • One of the Great Rules of Economics According to John GreenIf you are rich, you have to be an idiot not to stay rich. And if you are poor, you have to be really smart to get rich. -- John Green
  • When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union - like public housing in the United States - look decrepit within a year or two of their construction... -- Milton Friedman
  • Economics is not a morality play. -- Paul Krugman
  • Economics is a very dangerous science. -- John Maynard Keynes
  • Economics is on the side of humanity now. -- Isaac Asimov
  • Economics never was a dismal science. I should be a realistic science. -- Paul Samuelson
  • No less than war or statecraft, the history of Economics has its heroic ages. -- Aldous Huxley
  • I think we're miserable partly because we have only one god, and that's economics. -- James Hillman
  • Economics is like gravity: Ignore it and you will be in for some rude surprises. -- Charles Wheelan
  • Underlying most arguments against the free market is a lack of belief in freedom itself. -- Milton Friedman
  • Economics that hurt the moral well-being of an individual or a nation are immoral and, therefore, sinful. -- Mahatma Gandhi
  • I'm the result of upbringing, class, race, gender, social prejudices, and economics. So I'm a victim again. A result. -- James Hillman
  • Survival, in the cool economics of biology, means simply the persistence of one's own genes in the generations to follow. -- Lewis Thomas
  • As a manager the important thing is not what happens when you are there, but what happens when you are not there -- Ken Blanchard
  • Too many people think that economics is this subject that should wait until the university level. But it can't wait that long. -- Robert Duvall
  • Economics has been incurably growth-oriented and addicted to everybody growing richer, even at the cost of exhaustion of resources and pollution of the environment. -- Kenneth E. Boulding
  • Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity. -- George Soros
  • While Argentina, Brazil, and Chile - what in textbooks used to be called the ABC countries - seem settled into democratic politics and free market economics, the Andean countries are in disarray. -- Elliott Abrams
  • History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them. -- B. R. Ambedkar
  • In order to understand the movement of prices, you need not an oscilloscope to measure the entire market and reduce it to noise, but a microscope to investigate the creative process behind every company and its price. -- George Gilder
  • January is always a good month for behavioral economics: Few things illustrate self-control as vividly as New Year's resolutions. February is even better, though, because it lets us study why so many of those resolutions are broken. -- Sendhil Mullainathan
  • Design is a way of life, a point of view. It involves the whole complex of visual communications: talent, creative ability, manual skill, and technical knowledge. Aesthetics and economics, technology and psychology are intrinsically related to the process. -- Paul Rand
  • The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups. -- Henry Hazlitt
  • I think it's evident that expensive neighborhoods in Seattle are surrounded by natural beauty. That elevates city life. So if we can make cities more attractive in the long run, we can be smarter about issues like development, zoning and economics. -- Stone Gossard
  • The arts community is generally dominated by liberals because if you are concerned mainly with painting or sculpture, you don't have time to study how the world works. And if you have no understanding of economics, strategy, history and politics, then naturally you would be a liberal. -- Mark Helprin
  • Commercial institutions, proud of their achievements, do not see that healthy living systems - clean air and water, healthy soil, stable climates - are integral to a functioning economy. As our living systems deteriorate, traditional forecasting and business economics become the equivalent of house rules on a sinking cruise ship. -- Paul Hawken
  • If somebody had said to me in June or July of 1987, 'We'd like you to become chairman of the Federal Reserve, but you're never allowed to discuss any economics after you leave,' I'd have said, 'Forget it.' What do they want me to do? Become an anthropologist?' -- Alan Greenspan
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