Economy and economics quotes:

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And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics. -- David Korten
Much of what Tea Party candidates claimed about the world and the global economy during the 2010 elections would have earned their adherents a well-deserved F in any freshman economics (or earth science) class. -- Eric Alterman
Answers are not enough, students should be encouraged to ask questions and explore alternatives to the norm. Entrepreneurship and invention are the backbone of the new economy, yet I doubt they get more than a nod in economics courses. -- Jim Hunt
The major driver of economics is the equilibrium approach, which has taken various forms over the years. General equilibrium is the statement that all the different parts of the economy influence each other, even if it's remote, like mortgage-backed securities and their demands on automobiles. -- Kenneth Arrow
I call crony capitalism, where you take money from successful small businesses, spend it in Washington on favored industries, on favored individuals, picking winners and losers in the economy, that's not pro-growth economics. That's not entrepreneurial economics. That's not helping small businesses. That's cronyism, that's corporate welfare. -- Paul Ryan
The basic idea that if you increase government spending or you cut people's taxes that stimulates the economy and lowers the unemployment rate, is a very widely accepted idea. It's in every economics textbook, that's what we teach our undergraduates, and I certainly try to teach them the truth. -- Christina Romer
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
It's not trickle down economics. The problem that the president has is that he's rudderless on the economy. I mean, he doesn't quite know what to do. It's a wake-up on Monday and try to figure it out. It takes time to turn a supertanker, so you need to know where you need to go. -- John Kasich
No one should have to get a PhD in economics to survive in this economy. -- Elizabeth Warren
Political Economy or Economics is a study of mankind in the ordinary business of life. -- Alfred Marshall
Our global economy is out of control and performing contrary to basic principles of market economics. -- David Korten
A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives. -- Charles Wheelan
The problem of the modern economy is not a failure of a knowledge of economics; it's a failure of a knowledge of history. -- John Kenneth Galbraith
It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure. -- John Kenneth Galbraith
The barriers that renewables and efficiency face come less from our living in a capitalist market economy and more from not taking market economics seriously. -- Amory Lovins
I have tried to bring about better communication between people. I believe that humanitarian photography is like economics. Economy is a kind of sociology, as is documentary photography. -- Sebastiao Salgado

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