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Quote by David Hume

“Manufacturers...gradually shift their places, leaving those countries and provinces which they have already enriched, and flying to others, whether they are allured by the cheapness of provisions and labour.”

Quote by David Hume

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David Hume

David Hume, born on May 7, 1711, in Edinburgh, Scotland, and died on August 25, 1776, was an outstanding philosopher, historian, and economist. Known for his contributions to empiricism and skepticism, his works have had a profound impact on subsequent philosophy, economics, and psychology. more

“I have been....moved to wonder whether my job is a job or a racket, whether economists, and particularly economic theorists, may not be in the position that Cicero, citing Cato, ascribed to the augurs of Rome-that they should cover their faces or burst into laugher when they met on the street.”

Should May Has Beens Jobs Faces Wonder Economic Streets Position Mets Moved Rome Economist Theorists Racket Citing Cato

Author:Frank Knight

“Like nature, our economic system remains, in the long run, stable and rational...We welcome the inevitable seasons of our economy! How foolish of us.”

Long Running Economy Economic Seasons Remains Foolish Rational Welcome Inevitable Stable Long Runs Economic Systems

Author:Jerzy Kosinski

“The notion that economic life is a distinct realm, governed by immutable laws of narrow self-interest, is giving way to a much older notion: economic life is only one strand in the rich web of human relationships.”

Way Giving Humans Self Law Life Is Interest Rich Economic Notion Realms Self Interest Human Relations Human Relationships Strands Giving Way

Author:Frances Moore Lappé

“Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.”

Thinking Today Values Sound Views Common Principles Economy Information Edges Imperatives Fashionable Common Denominator Adding Value

Author:Arthur Levitt Jr

Quote by David Hume

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