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Economic Quotes

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Economic Quotes

“Many writers claim that nearly all crime is caused by economic conditions, or in other words that poverty is practically the whole cause of crime. Endless statistics have been gathered on this subject which seem to show conclusively that property crimes are largely the result of the unequal distribution of wealth. But crime of any class cannot be safely ascribed to a single cause. Life is too complex, heredity is too variant and imperfect, too many separate things contribute to human behavior, to make it possible to trace all actions to a single cause.”

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Author:Clarence Darrow
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“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.”

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Author:Erich Fromm
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“I doubt whether there is any subject in the world of equal importance that has received so little serious and articulate consideration as the economic status of the family - of its members in relation to each other and of the whole unit in relation to the other units of which the community is made up.”

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Author:Eleanor Rathbone
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“The nation as such is not a large subject that has needs, that works, practices economy, and consumes. . . . Thus the phenomena of “national economy” . . . are, rather, the results of all the innumerable individual economic efforts in the nation and . . . must also be theoretically interpreted in this light. . . .Whoever wants to understand theoretically the phenomena of “national economy” . . . must for this reason attempt to go back to their true elements, to the singular economies in the nation, and to investigate the laws by which the former are built up from the latter.”

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Author:Ralph Raico
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“In view of the importance of philanthropy in our society, it is surprising that so little attention has been given to it by economic or social theorists. In economic theory, especially, the subject is almost completely ignored. This is not, I think, because economists regard mankind as basically selfish or even because economic man is supposed to act only in his self-interest; it is rather because economics has essentially grown up around the phenomenon of exchange and its theoretical structure rests heavily on this process.”

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Author:Kenneth E. Boulding
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“Compassion is something we can count on. Even if we face economic problems and our fortunes decline, we can still share our compassion with our fellow human beings. National and global economies are subject to many ups and downs, but through them all we can retain a compassionate attitude that will carry us through.”

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Author:Dalai Lama
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“As political and economic freedom diminishes, sexual freedom tends to compensatingly increase and the dictator... will do well to encourage that freedom in conjunction with the freedom to daydream under the influence of dope, movies, and radio. It will help to reconcile his subjects to the servitude which is their fate.”

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Author:Julian Huxley
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