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Economics Quotes

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Economics Quotes

“The whole financial structure of Wall Street seems to rise or fall on the mere fact that the Federal Reserve Bank raises or lowers the amount of interest. Any business that can't survive a one percent change must be skating on thin ice. Why even the poor farmer took a raise of another ten percent just to get a loan from the bank, and nobody from the government paid any attention. But you let Wall Street have a nightmare and the whole country has to help to get them back into bed again.”

“PLEASURE and pain are undoubtedly the ultimate objects of the calculus of economics. To satisfy our wants to the utmost with the least effort - to procure the greatest amount of what is desirable at the expense of the least that is undesirable - in other words, to maximize pleasure, is the problem of economics.”

Want Problem Pain Pleasure Effort Objects Amount Economics Ultimate Expenses Desirable Calculus Pain And Pleasure Undesirable

Book:The Theory of Political Economy

Source: The Theory of Political Economy

“It would take little more than $50 billion to raise every poor person above the official poverty line, yet the percentage of the population classified as poor hardly budges, while annual welfare spending amounts to four times that much. Where's the money going?”

Littles Persons Lines Poor Poverty Four Amount Economics Raises Population Corruption Spending Billions Welfare Officials Percentages Annuals

Author:Robert Higgs

“I saw that publishing all over the world was deeply constrained by self-censorship, economics and political censorship, while the military-industrial complex was growing at a tremendous rate, and the amount of information that it was collecting about all of us vastly exceeded the public imagination.”

World Self Political Imagination Saws Growing Military Information Amount Economics Complexes Rate Censorship Publishing Collecting Military Industrial Complex Self Censorship

Author:Julian Assange

“A demand for commodities is not a demand for labor. The demand for labor is determined by the amount of capital directly devoted to the remuneration of labor: the demand for commodities simply determines in what direction labor shall be employed.”

Amount Demand Economics Labor Determine Determined Devoted Commodity Employed Remuneration

Author:Millicent Fawcett

“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

“The truth is that climate alarmism has become the most expensive, and the most wasteful, project in the history of the world. It is junk economics built on junk science. It amounts to no more than hot air, yet it looks set to beggar our grandchildren.”

World Looks Air Amount Truth Is Projects Built Economics Hot Climate Expensive Grandchildren World History Junk Beggar Hot Air

Author:Roger Helmer

“I don't want to name names because they'd be mad at me if I did, but people who are significant novelists can't get published by real publishers at this point, or have to go through two years of trying after writing a novel that's taken them five or six years and simply can't get the thing in print. Or it gets in print and it doesn't get reviewed in the New York Times Book Review and disappears without a trace. I mean, it's terrifying. I don't know how anybody can stand it. It's such an enormous amount of work and the economics of it are really quite brutal.”

“If the ordinary wage-earner worked four hours a day, there would be enough for everybody, and no unemployment — assuming a certain very moderate amount of sensible organization. This idea shocks the well-to-do, because they are convinced that the poor would not know how to use so much leisure.”

“It is a popular delusion that the government wastes vast amounts of money through inefficiency and sloth. Enormous effort and elaborate planning are required to waste this much money.”

Government Effort Liberty Economic Amount Waste Economics Libertarian Planning Enormous Delusion Libertarianism Sloth Government Spending Inefficiency Government Waste

Book:Parliament of Whores: A Lone Humorist Attempts to Explain the Entire U.S. Government

Source: Parliament of Whores: A Lone Humorist Attempts to Explain the Entire U.S. Government

“Governments do not necessarily act in the national interest, especially when making detailed microeconomic interventions. Instead, they are influenced by interest group pressures. The kinds of interventions that new trade theory suggests can raise national income will typically raise the welfare of small, fortunate groups by large amounts, while imposing costs on larger, more diffuse groups.”

“We still have a great amount of work to do in social development, including resolving one of the biggest challenges we face in this area, namely, reducing the gap between high-income earners and people, citizens of our country, who are still living on very modest means indeed. But we cannot, of course, adopt the solution used 80 years ago and simply confiscate the riches of some to redistribute among others. We will use completely different means to resolve this problem, namely, we will ensure good economic growth.”

“The amount of time people waste dwelling on failures rather than putting that energy into another project, always amazes me”

People Energy Business Amount Waste Projects Economics Management Dwelling

Book:Like A Virgin: Secrets They Won’t Teach You at Business School

Source: Like A Virgin: Secrets They Won’t Teach You at Business School

“I'm a catalyst for change. You can't be an outsider and be successful over 30 years without leaving a certain amount of scar tissue around the place.”

Years Success Certain Business Economy Successful Amount Economics Leaving Being Successful Scar Outsiders Catalyst Tissues Scar Tissue Catalyst For Change

Author:Rupert Murdoch

“....the globalization that characterizes today's economics goes beyond or eludes the sovereignty of individual states, and thus the power of their rulers. It is not they, but rather financial groups in control of vast amounts of capital, who decide upon their vertiginous passage through nations, without taking into account the serious crises they might generate.”

States Might Today Individual Nations Groups Serious Amount Economics Accounts Crisis Financial Passages Rulers Sovereignty Globalization Elude Economic Globalization Decide Upon

Author:Patricio Aylwin