Best Economic Theory Quotes | Short & Famous Sayings Page 2

“I believe myself to be writing a book on economic theory which will largely revolutionize - not, I suppose, at once but in the course of the next ten years - the way the world thinks about economic problems.”

Thinking World Way Writing Years Believe Book Problem Courses Next I Believe Economic Theory Ten Writing A Book Economic Problems Economic Theory

Author:John Maynard Keynes

“We are all far less rational in our decision-making than standard economic theory assumes. Our irrational behaviors are neither random nor senseless: they are systematic and predictable. We all make the same types of mistakes over and over, because of the basic wiring of our brains.”

Decision Mistake Brain Economic Theory Type Behavior Standards Assuming Rational Decision Making Irrational Predictable Systematic Economic Theory Wiring

Author:Dan Ariely

“The individualism of current economic theory is manifest in the purely self-interested behaviour it generally assumes. It has no real place for fairness, malevolence, and benevolence, nor for the preservation of human life or any other moral concern.”

Humans Real Self Moral Economic Theory Concern Assuming Currents Human Life Manifest Individualism Fairness Behaviour Preservation Benevolence Economic Theory Malevolence

Author:Herman E. Daly

“In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.”

Growth Economic Theory Dollars Inflation Economic Growth Economic Theory

Author:Martin Feldstein

“Nothing has done more to render modern economic theory a sterile and irrelevant exercise in autoeroticism than its practitioners’ obsession with mathematical, general-equilibrium models.”

Done Economic Modern Theory Exercise Models Obsession Mathematical Irrelevant Equilibrium Economic Theory

Author:Robert Higgs

“Even before I came to Chicago, I had gotten interested in the existence of dispersion of prices under conditions which economic theory said would yield a single price.”

Said Existence Economic Conditions Theory Yield Chicago Economic Theory Dispersion

Author:George Stigler

“Certainly all "progressive" thought, has assumed tacitly that human beings desire nothing beyond ease, security, and avoidance of pain... Hitler, because in his joyless mind he feels it with exceptional strength, knows that human beings don't only want comfort, safety, short working-hours, hygiene, birth-control and, in general, common sense; they also, at least intermittently, want struggle and self-sacrifice, not to mention drums, flags and loyalty-parades. However they may be as economic theories, Fascism and Nazism are psychologically far sounder than any hedonistic conception of life.”

“Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis.”

Way Ends Economic Policy Theory Crisis Prosperity Credit Monetary Illusory Economic Crisis Economic Theory Slumps

Book:Economic freedom and interventionism: an anthology of articles and essays

Source: Economic freedom and interventionism: an anthology of articles and essays

“We become slaves the moment we hand the keys to the definition of reality entirely over to someone else, whether it is a business, an economic theory, a political party, the White House, Newsworld or CNN.”

Moments Hands Reality Political House White Party Economic Theory Keys Slave Definitions White House Political Parties Cnn Economic Theory

Author:B. W. Powe

“As far as social-economic theory is concerned, I am still a Marxist”

Stills Social Economic Theory Concerned Marxist Economic Theory

Author:Dalai Lama

“Besides, we weren't made to battle villains, because there weren't any. No nation, creed, or race was any better or worse than another; all were flawed, all were equally doomed to suffering, mostly because they couldn't see that they were all alike. Mortals might have been contemptible, true, but not evil entirely. They did enjoy killing one another and frequently came up with ingenious excuses for doing so on a grand scale-religions, economic theories, ethnic pride-but we couldn't condemn them for it, as it was in their mortal natures and they were too stupid to know any better.”

Source: In the Garden of Iden

“There’s an economic theory out there that if you take the incomes of your five closest friends and average them, the resulting number will be pretty close to your own income. I think the same thing is true of idea incomes. You’re only going to be as good as the stuff you surround yourself with.”

Ifs Thinking Ideas Stuff Numbers Five Economic Theory Average Income Surround Closest Surround Yourself Closest Friends Economic Theory

Book:Steal Like an Artist: 10 Things Nobody Told You About Being Creative

Source: Steal Like an Artist: 10 Things Nobody Told You About Being Creative

“If I really believed in Friedman's economic theory, then I'd be quite satisfied to spend the rest of my life with a garden hose shoved down my throat, being filled with custard by representatives of the people of China.”

People Ifs Economic Theory Garden Filled China Satisfied Throat Representatives Economic Theory Custard

Author:Nigel Lawson

“The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.”

Men Humans Two Ideas Social Sound Ability Society Economic Theory Depends Intellectual Majority Factors Ideology Outstanding Human Society Flowering Economic Theory

Book:Human Action

Source: Human Action

“Free market capitalism is far more than economic theory. It is the engine of social mobility-the highway to the American Dream.”

Dream Politics Social Economic Theory Capitalism Engines American Dream Highways Free Market Mobility Economic Theory Free Market Capitalism Social Mobility

Author:George W. Bush

“There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. We have no reason to be ashamed of that, since the same would hold for many branches of mathematics.”

Reason Games Economic Theory Intellectual Economics Mathematics Attraction Branches Ashamed No Reason Pursued Economic Theory

Author:Sir John Richard Hicks

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Economic Theory Quotes