Home / Topics / Economics Quotes

Economics Quotes

Browse 2895 quotes about Economics.

Economics Quotes

“The author brings to the table a healthy skepticism of the conventional wisdom, an admirable ability to separate fact from fancy, and an undisguised repugnance for the mumbo-jumbo that's the curse of so much commentary on anything to do with economics or investment. A World of Wealth is not only a lively read, but an exceptionally enlightening and rewarding one to boot.”

World Facts Wealth Ability Healthy Economics Tables Investment Curse Fancy Boots Conventional Skepticism Enlightening Admirable Lively Commentary Conventional Wisdom

Author:Alan Abelson

“For one thing, there are many "inventions" that are not patentable. The "inventor" of the supermarket, for example, conferred great benefits on his fellowmen for which he could not charge them. Insofar as the same kind of ability is required for the one kind of invention as for the other, the existence of patents tends to divert activity to patentable inventions.”

Kind Ability Existence One Thing Example Activity Benefits Economics Invention Inventor Patents Supermarkets

Book:Capitalism and Freedom: Fortieth Anniversary Edition

Source: Capitalism and Freedom: Fortieth Anniversary Edition

“There is no means by which anyone can evade his personal responsibility. Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen. In such vital matters blind reliance upon 'experts' and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people's domination. As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.”

“A citizen who casts his ballot without having to the best of his abilities studied as much economics as he can fails in his civic duties.”

Ability Failing Duty Citizens Economics Casts Civics Ballots Civic Duty

Author:Ludwig von Mises

“The subjects of every state ought to contribute toward the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state ....As Henry Home (Lord Kames) has written, a goal of taxation should be to 'remedy inequality of riches as much as possible, by relieving the poor and burdening the rich.'”

Should States Home Government Enjoy Goal Ability Poor Lord Support Rich Written Subjects Ought Economics Protection Libertarian Riches Inequality Proportion Remedy Taxation Revenue

Author:Adam Smith

“A quota for women always amounts to a failure of politics. For me, economics is first and foremost the ability to act freely without state rules. That's why I believe quotas should only be used as a last resort.”

Should Firsts Believe States Lasts Used I Believe Ability Amount Economics Resorts Quota

Author:Kristina Schroder

“I think economics, content, and the ability to interact with content in new and different ways are what will drive the adoption of e-books.”

Thinking Way Book Different Ability Economics Different Ways Adoption

Author:Tom Peters

“Design is a way of life, a point of view. It involves the whole complex of visual communications: talent, creative ability, manual skill, and technical knowledge. Aesthetics and economics, technology and psychology are intrinsically related to the process.”

“Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow. Flexible and efficient markets for labor and capital, an entrepreneurial tradition, and a general willingness to tolerate and even embrace technological and economic change all contribute to this resiliency.”

“Power properly understood is nothing but the ability to achieve purpose. It is the strength required to bring about social, political and economic change.”

Political Purpose Strong Social Change Ability Power Economic Achieve Achievement Understood Economics Economic Justice Economic Change

Book:The Essential Martin Luther King, Jr.:

Source: The Essential Martin Luther King, Jr.:

“Communism and socialism is [sic] seductive. It promises us that people will contribute according to ability and receive according to needs. Everybody is equal. Everybody has a right to decent housing, decent food and affordable medical care. History should have taught us that when we hear people talk this stuff - watch out!”

“I have the same confidence in the ability of our people to reject noxious literature as I have in their capacity to sort out the true from the false in theology, economics, or any other field.”

People Literature Ability Fields Capacity Economics Theology Rejects Censorship

Author:William O. Douglas

“It is however always important to remember that the ability to see things in their correct perspective may be, and often is, divorced from the ability to reason correctly and vice versa. That is why a man may be a very good theorist and yet talk absolute nonsense.”

Men May Important Reason Remember Ability Perspective Economics Absolutes Very Good Vices Nonsense Divorced Vice Versa Often Is Theorists Ability To See

Book:Capitalism, Socialism and Democracy

Source: Capitalism, Socialism and Democracy

“The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or more properly speaking, for the ease of the masters. Its object is, in all cases, to maintain the authority of the master, and whether he neglects or performs his duty, to oblige the students in all cases to behave toward him as if he performed it with the greatest diligence and ability.”

Ifs Interest Ability Cases Objects Students College Masters Duty Discipline Authority Benefits Economics University Ease Behave Neglect Diligence Colleges And Universities

Author:Adam Smith

“The future of life on earth depends on our ability to take action. Many individuals are doing what they can, but real success can only come if there's a change in our societies and our economics and in our politics. I've been lucky in my lifetime to see some of the greatest spectacles that the natural world has to offer. Surely we have a responsibility to leave for future generations a planet that is healthy, inhabitable by all species”

“Good writing, and this is especially important in a subject such as economics, must also involve the reader in the matter at hand. It is not enough to explain. The images that are in the mind of the writer must be made to reappear in the mind of the reader, and it is the absence of this ability that causes much economic writing to be condemned, quite properly, as abstract.”

Writing Mind Made Important Matter Enough Hands Causes Ability Economic Subjects Reader Economics Absence Abstract Good Writing

Author:John Kenneth Galbraith