Home / Topics / Economic Quotes

Economic Quotes

Browse 5073 quotes about Economic.

Economic Quotes

“In economics, the majority is always wrong.”

Inspirational Economic Economics Majority Investing Economist Always Wrong Independent Thinking Economy And Economics Studying Economics

Book:Ambassador's Journal

Source: Ambassador's Journal

“Inflationism, however, is not an isolated phenomenon. It is only one piece in the total framework of politico-economic and socio-philosophical ideas of our time. Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, statism and socialism.”

Source: On the Manipulation of Money and Credit

“To build a twenty-first-century economy, America must revive a nineteenth-century habit--investing in the common, national economic resources that enable every person and every firm to create wealth and value.”

Firsts Persons America Values Wealth Common Economy Economic Century Habit Resources Twenties Investing Firm Nineteenth Century Revive Economic Resources

Author:William J. Clinton

“...By combining a popular hatred of the class of entrepreneurs with the blow already given to social security by the violent and arbitrary disturbance of contract,... governments are fast rendering impossible a continuance of the social and economic order of the nineteenth century.”

Source: The Economic Consequences of the Peace: The classic text on the Treaty of Versailles and post war Europe

“Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.”

“There will come a moment when the most urgent threats posed by the credit crisis have eased and the larger task before us will be to chart a direction for the economic steps ahead. This will be a dangerous moment. Behind the debates over future policy is a debate over history-a debate over the causes of our current situation. The battle for the past will determine the battle for the present. So it's crucial to get the history straight.”

Moments Past Causes Behinds Situation Steps Economic Dangerous Policy Battle Tasks Crisis Threat Investing Determine Currents Credit Debate Crucial Urgent Current Situation

Author:Joseph Stiglitz

“A nation's exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and exports, and even the level of economic activity. So it is hard for any government to ignore large swings in its exchange rate.”

Important Hard Government Individual Nations Levels Economy Influence Economic Activity Rate Investing Range Swings Imports

Book:Changing fortunes: the world's money and the threat to American leadership

Source: Changing fortunes: the world's money and the threat to American leadership

“Economists suffer from a deep psychological disorder that I call 'physics envy'. We wish that 99 percent of economic behavior could be captured by three simple laws of nature. In fact, economists have 99 laws that capture 3 percent of behavior. Economics is a uniquely human endeavor.”

“Perhaps never before or since have so many people taken the measure of economic prospects and found them so favorable as in the two days following the Thursday [24th October 1929] disaster.”

People Two Found Taken Economic Investing Following Disaster October Two Days Prospects Thursday

Author:John Kenneth Galbraith

“...the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals”

Goal Interest Levels Economic Capacity Rate Investing Consistent Reserves Federal Reserve Interest Rate

Author:Ben Bernanke

“Government means always coercion and compulsion and is by necessity the opposite of liberty. Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of economic freedom. Where there is no market economy, the best-intentioned provisions of constitutions and laws remain a dead letter.”

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

“Will customers keep supporting the enormous overhead required to sustain ineffectual, unproductive stock picking across an array of thousands of individual funds devoted to every investing 'style' and economic sector or regional subgroup that some marketing idiot can dream up? Not likely. A brutal shakeout is coming and one of its revelations will be that stock picking is a grossly overrated piece of the puzzle, that cost control is what distinguishes a competitive firm from an uncompetitive one.”

Dream Individual Pieces Economic Style Cost Investing Marketing Customers Enormous Idiot Firm Revelations Fund Devoted Brutal Puzzles Overrated Overhead Unproductive

Author:Holman W. Jenkins, Jr.

“All economic movements, by their very nature, are motivated by crowd psychology.”

Psychology Economic Movement Investing Crowds Motivated Market Timing

Author:Bernard Baruch

“Our economic strength at home is key to our diplomatic and military strength abroad. We should be investing far more in education as well as our technological and economic development so that we have the resources to support our foreign policy.”

Should Wells Home Support Economic Military Policy Keys Development Resources Investing Foreign Policy Technological Diplomatic Economic Development

Author:Ruben Gallego

“The foundation of Ontario's economy is our skilled workers and innovative companies. Our government will continue its proactive approach to partnering with business and industry, investing strategically to help companies grow and create jobs in this period of economic uncertainty.”

Helping Government Jobs Grows Company Economy Economic Industry Periods Approach Foundation Workers Investing Uncertainty Innovative Proactive Ontario Skilled Workers Partnering

Author:Brad Duguid

“When government 'creates jobs' by taking money from the private sector and 'investing' in favored projects, it is not truly productive activity. Rather, the government has preempted the economic process, forbidding it to serve consumers so that it can instead serve the objectives of politicians and bureaucrats.”

Government Jobs Process Economic Politician Activity Projects Investing Objectives Consumers Productive Private Sector Bureaucrats

Author:Sheldon Richman

“Our Government is fostering economic growth in Kitchener, Cambridge and all of the Waterloo Region by investing in our innovative businesses. Today's announcement is a great example of how we are helping high-potential companies bring great ideas to market faster. Helping our entrepreneurs and original thinkers export their products and services to the rest of the world creates jobs, growth and economic prosperity here at home.”

“Our budget also reflects key components of our campaign. It's very much focused on stabilizing public services, restoring stability to public services and investing in job creation and economic diversification and, generally speaking, acting as a cushion during this economy, something fundamentally different than what the other parties proposed in the last election.”