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Economics Quotes

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Economics Quotes

“In the humanities and social sciences, and in fields like journalism and economics and so on, people have to be trained to be managers, and controllers, and to accept things, and not to question too much.”

People Humanity Social Accepting Too Much Fields Economics Journalism Managers Social Science Controllers

Author:Noam Chomsky

“Yet if anyone cares to read over the now crumbling minutes giving an account of the meetings at which the Italian Fasci di Combattimento were founded, he will find not a doctrine but a series of pointers... It may be objected that this program implies a return to the guilds (corporazioni). No matter!... I therefore hope this assembly will accept the economic claims advanced by national syndicalism.”

Ifs Giving May Matter Care Accepting Economic Minutes Return Program Economics Accounts Claims Meetings Series Doctrine Italian Fascism Assembly Crumbling Guilds Pointers

Author:Benito Mussolini

“Economists tell us that the 'price' of an object and its 'value' have very little or nothing to do with one another. 'Value' is entirely subjective economic value, anyway while 'price' reflects whatever a buyer is willing to give up to get the object in question, and whatever the seller is willing to accept to give it up. Both are governed by the Law of Marginal Utility, which is actually a law of psychology, rather than economics. For government to attempt to dictate a 'fair price' betrays complete misunderstanding of the entire process.”

“The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future.”

Source: Essay on Marxian Economics

“Particularly when the war power is invoked to do things to the liberties of people, or to their property or economy that only indirectly affect conduct of the war and do not relate to the engagement of the war itself, the constitutional basis should be scrutinized with care. ... I would not be willing to hold that war powers may be indefinitely prolonged merely by keeping legally alive a state of war that had in fact ended. I cannot accept the argument that war powers last as long as the effects and consequences of war for if so they are permanent -- as permanent as the war debts.”

“I am not prepared to accept the economics of a housewife.”

Accepting Economics Prepared Housewife

Author:Jacques Chirac

“People have a hard time accepting free-market economics for the same reason they have a hard time accepting evolution: it is counterintuitive. Life looks intelligently designed, so our natural inclination is to infer that there must be an intelligent designer--a God. Similarly, the economy looks designed, so our natural inclination is to infer that we need a designer--a government. In fact, emergence and complexity theory explains how the principles of self-organization and emergence cause complex systems to arise from simple systems without a top-down designer.”

“The investigation of causal relations between economic phenomena presents many problems of peculiar difficulty, and offers many opportunities for fallacious conclusions. Since the statistician can seldom or never make experiments for himself, he has to accept the data of daily experience, and discuss as best he can the relations of a whole group of changes; he cannot, like the physicist, narrow down the issue to the effect of one variation at a time. The problems of statistics are in this sense far more complex than the problems of physics.”

“Any union that can't accept workers choosing their own representatives through universal franchise is finished.”

Philosophy Political Accepting Economics Universal Unions Workers Finished Representatives

Author:Jacques Delors

“It's better to ask the right questions than accept the status quo”

Asks Business Accepting Economics Management Status Quo Right Questions

Author:Phil Harding

“It's not enough simply to wear the badge of corporate responsibility. Business must accept that real change is the only response to climate change and other environmental crises”

Real Enough Business Responsibility Accepting Economics Management Crisis Climate Response Environmental Climate Change Corporate Badges Real Change Environmental Crisis Corporate Responsibility

Author:Jonathon Porritt

“Republicans don't have to accept evolution, economics, climatology, or human sexuality, but I just watched a week of their national convention, and I need them to admit the historical existence of George W. Bush. If your party can run the nation for eight years and then have a national convention and not invite Bush, Cheney, Rumsfeld, Colin Powell, Karl Rove, or Tom DeLay, you're not a political movement, you're the witness protection program.”

“Let us remember that the automatic machine is the precise economic equivalent of slave labor. Any labor which competes with slave labor must accept the economic consequences of slave labor.”

Remember Accepting Technology Economic Consequence Economics Labor Machines Slave Labour Mathematician Precise Competing Slave Labor

Book:The human use of human beings: cybernetics and society

Source: The human use of human beings: cybernetics and society

“New York remains what it has always been : a city of ebb and flow, a city of constant shifts of population and economics, a city of virtually no rest. It is harsh, dirty, and dangerous, it is whimsical and fanciful, it is beautiful and soaring - it is not one or another of these things but all of them, all at once, and to fail to accept this paradox is to deny the reality of city existence.”

Reality Beautiful Cities Existence Accepting Failing Dangerous New York Economics Flow Remains Constant Population Deny Dirty Paradox Harsh Soar Whimsical Ebb And Flow

Author:Paul Goldberger

“People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism.”

People Accepting Economics Accepted Collectivism

Book:Letters of Ayn Rand

Source: Letters of Ayn Rand