Best economics & advantage Quotes | Short & Famous Sayings

“During the last dozen years the tales of suppression of free assemblage, free press, and free speech, by local authorities or the State operating under martial law have been so numerous as to have become an old story. They are attacked at the instigation of an economically and socially powerful class, itself enjoying to the full the advantages of free communications, but bent on denying them to the class it holds within its power.”

Source: In the Words of Theodore Roosevelt: Quotations from the Man in the Arena

“Litmus test: If you can't describe Ricardo's Law of Comparative Advantage and explain why people find it counterintuitive, you don't know enough about economics to direct any criticism or praise at "capitalism" because you don't know what other people are referring to when they use that word.”

People Ifs Knows Enough Use Law Capitalism Advantage Economics Direct Criticism Tests Praise Referring Comparative Advantage

Author:Eliezer Yudkowsky

“It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling to parlay their existing advantage into dominance on the Internet. But it is way less sure [that this will occur] than the certainty 20 years ago that the basic business would grow steadily, so there's more downside risk. The perfectly fabulous economics of this business could become grievously impaired.”

Way Years Certain Grows Wonderful Risk Information Internet Advantage Years Ago Economics Threat Newspapers Mediums Certainty Alternatives Fabulous Dominance

Author:Charlie Munger

“Voters who live off taxpayers are the Democrats' ace in the hole. The Democrats created big programs and never let the recipients forget it. This gives them an initial advantage of tens of millions of votes in any presidential election.”

“The replicators that exist tend to be the ones that are good at manipulating the world to their own advantage. But other replicators are also successful otherwise they would not be common. The world therefore tends to become populated by mutually compatible sets of successful replicators, replicators that get on well together”

World Wells Together Common Successful Advantage Economics Compatible

Book:The Extended Phenotype: The Long Reach of the Gene

Source: The Extended Phenotype: The Long Reach of the Gene

“The trouble with conspiracies, even those that are to everybody's advantage in the long run, is that they are open to abuse. If manipulators really had the powers claimed, they could win the lottery every week. I prefer to point out that they could also win a Nobel Prize for discovering fundamental physical forces hitherto unknown to science.”

Ifs Long Running Winning Force Trouble Week Advantage Economics Abuse Fundamentals Prize Conspiracy Discovering Long Runs Nobel Lottery Nobel Prize Physical Force Manipulator

Author:Richard Dawkins

“It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return for manufactured commodities, import corn even if it can be grown with less labour than in the country from which it is imported”

Ifs Heart May Country Matter Principles Economic Return Advantage Economics Labour Commodity Corn Imports Comparative Advantage

Author:David Ricardo

“Thousands of important and intelligent men have never been able to grasp the principle of comparative advantage or believe it even after it was explained to them”

Men Believe Important Able Principles Advantage Economics Intelligent Intelligent Man Comparative Advantage

Author:Paul Samuelson

“A people... who are possessed of the spirit of commerce, who see and who will pursue their advantages may achieve almost anything.”

People May Spirit Achieve Capitalism Advantage Economics Pursue Possessed Commerce Founders Founding Banking Our Founding Fathers Us Founding Fathers

Book:The writings of George Washington from the original manuscript sources, 1745-1799

Source: The writings of George Washington from the original manuscript sources, 1745-1799

“Competition is the most promising means to achieve and secure prosperity. It alone enables people in their role of consumer to gain from economic progress. It ensures that all advantages which result from higher productivity may eventually be enjoyed.”

People May Mean Results Roles Progress Economic Achieve Higher Gains Advantage Economics Competition Prosperity Productivity Secure Enjoyed Consumers Economic Progress

Author:Ludwig Erhard

“I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organizing investments.”

Long States Philosophy Political Social Views Responsibility Greater Position Advantage Economics Bases Investment Goods Efficiency

Book:Keynes and Public Policy After Fifty Years: Theories and method

Source: Keynes and Public Policy After Fifty Years: Theories and method

“Gradually, they learned that politics is fundamentally a great business, a struggling and a haggling for advantages, over whose lap collects the most rewards cast by the legislation-machine.”

Philosophy Political Struggle Advantage Economics Machines Rewards Casts Legislation Lap Great Business

Author:Friedrich Naumann

“Society is purely and solely a continual series of exchanges... And the greatest eulogy we can give it, for exchange is an admirable transaction, in which two contracting parties always both gain; consequently, society is an uninterrupted succession of advantages, unceasingly renewed for all its members.”

Giving Two Philosophy Political Party Members Gains Advantage Economics Series Succession Admirable Transactions Eulogy Contracting

Author:Antoine Destutt de Tracy

“Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it.”

Opportunity Advantage Economics Meaningless Capability Equality Of Opportunity

Author:Ha-Joon Chang

“We should know that only replacing the economics of competition and greed with the economics of equitable cooperation will guarantee a globalization that takes advantage of potential efficiency gains in ways that also promote environmental protection, international equity, economic democracy, and variety.”

Source: Panic rules!: everything you need to know about the global economy

“It doesn't matter what business you're in. It is the people who achieve things, not capital, and the great advantage for us is that I think women have always known this.”

People Thinking Matter Women Business Known Achieve Advantage Economics

Author:Janet Holmes a Court

“Cultural diversity and cultural change are desirable and inevitable. We are cultural animals, someone without a culture is not human. But the cultures we possess vary enormously. Indeed, the variability, over time and space is the great evolutionary advantage of humanity. Instead of changing biologically over millennia, human beings can change culturally over decades”

Humans Humanity Culture Human Beings Space Animal Diversity Advantage Economics Decades Inevitable Desirable Time And Space Vary Cultural Diversity Cultural Change Variability

Author:Martin Wolf

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