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Economic Quotes

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Economic Quotes

“The application of psychoanalysis to sociology must definitely guard against the mistake of wanting to give psychoanalytic answers where economic, technical, or political facts provide the real and sufficient explanation of sociological questions. On the other hand, the psychoanalyst must emphasize that the subject of sociology, society, in reality consists of individuals, and that it is these human beings, rather than abstract society as such, whose actions, thoughts, and feelings are the object of sociological research.”

“But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and cannot, given the financial and economic framework within which the elders are operating. While the moral convictions of individuals are important in the long run, it is institutions that determine the immediate course of events - particularly the institutions of finance.”

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“There is no real answer [to the U.S. economic crisis] but to remove brick by brick the capitalist system itself, rebuilding the entire society on socialist principles.”

Real Answers Principles Economic Crisis Remove Capitalist Socialist Bricks Rebuilding Economic Crisis

Author:Robert Waterman McChesney

“Are public school textbooks biased? Are they censored? The answer to both is yes. And the nature of the bias is clear: Religion, traditional family values, and conservative political and economic positions have been reliably excluded from children's textbooks.”

“Economic problems have no sharp edges. They shade off imperceptibly into politics, sociology, and ethics. Indeed, it is hardly an exaggeration to say that the ultimate answer to every economic problem lies in some other field.”

Problem Lying Answers Economic Fields Ethics Ultimate Edges Shade Sociology Exaggeration Economic Problems Sharp Edges

Author:Kenneth E. Boulding

“Sometimes people say to me, 'Well, what was the difference between Kosovo, which was a successful intervention, and Iraq and Afghanistan that have been so difficult?' And the answer is perfectly simple. In Kosovo, you have, after the removal of the loss of its regime, you had a process of political and economic reconstruction that took its part without the intervention of terrorism. If you had the intervention of terrorism, by the way, it would have been extremely difficult there - but we didn't.”