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Economic Quotes

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Economic Quotes

“Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.”

Party Liberty Economic Taxes Gains Assuming Debt Spending Libertarian Tendencies Fixed Expenses Libertarianism Pie Free Market Property Rights Fallacy Wealth Of Nations

Book:Free to Choose: A Personal Statement

Source: Free to Choose: A Personal Statement

“Over time, this growing tendency of like marrying like will only reinforce clustering and geographic sorting along class lines, giving the emerging map of social, economic, and cultural segregation even greater permanence.”

Giving Social Lines Class Greater Growing Economic Tendencies Maps Segregation Emerging Marrying Permanence Sorting

Book:Who's Your City?: How the Creative Economy Is Making Where to Live the Most Important Decision of Your Life

Source: Who's Your City?: How the Creative Economy Is Making Where to Live the Most Important Decision of Your Life

“Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.”

States United Numbers United States Economic Performances Clouds Tendencies Uncertainty Outlook Projection Clouded

Author:Alan Greenspan

“Even the alleged benefits of war, so far as more than alleged, spring from the fact that conflict of peoples at least enforces intercourse between them and thus accidentally enables them to learn from one another, and thereby to expand their horizons. Travel, economic and commercial tendencies, have at present gone far to break down external barriers; to bring peoples and classes into closer and more perceptible connection with one another.”

War Facts Class Break Gone Economic Conflict Benefits Spring Connections Tendencies Barriers Horizon Breaking Down Intercourse

Book:Democracy And Education

Source: Democracy And Education

“Positivism eliminates any kind of natural law principle - for example, that there are economic laws which can be transgressed only at your peril. With positivism, there is a tendency to leap into ad hoc economic theory.”

Kind Law Natural Principles Economic Example Theory Tendencies Leap Ads Peril Natural Law Economic Theory Positivism

Author:Murray Rothbard

“The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...While these tendencies were no doubt in train in the "old," pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.”

“I talk to a lot of librarians, and there's always a steady drumbeat of how libraries are places of community. But a lot of them have also recently - and just in the nick of time - refurbished, because during this economic downturn, people have a tendency to borrow instead of buy.”

People Community Economic Library Tendencies Steady Librarian Downturn Economic Downturn

Author:Paula Poundstone