Best economics & benefits Quotes | Short & Famous Sayings

“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.”

Important Facts Freedom Party Business Economy Benefits Economics Investing Partnership Free Market Market Economy Free Market Capitalism Economy And Economics Free Economy

Author:Milton Friedman

“Our goals are also the same, to have a just system of economics and politics, to let the people of the world share in growth, in peace, in personal freedom, and in the benefits to be derived from the proper utilization of natural resources. We believe in enhancing human rights. We believe that we should enhance, as independent nations, the freedom of our own people.”

Source: Public Papers of the Presidents of the United States, Jimmy Carter, 1978, Book 1: January 1 to June 30, 1978

“Unless the fundamental categories of economics such as 'property' were to be redefined in a radically personal way the liberal rationalist curse which had established economics as a scientific discipline cut off from human interests would proliferate. Economic models ... have failed to incorporate any meaningful index of individual benefit other than the original utilitarian one, ... the index of increasing income or an increasing flow of commodities.”

“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

“I find it remarkable that virtually all of the large difference in labor supply between France and the United States is due to differences in tax systems. I expected institutional constraints on the operation of labor markets and the nature of the unemployment benefit system to be more important. I was surprised that the welfare gain from reducing the intratemporal tax wedge is so large.”

“The potential gains from improved stabilization policies are on the order of hundredths of a percent of consumption, perhaps two orders of magnitude smaller than the potential benefits of available supply-side fiscal reforms.”

Two Order Sides Policy Benefits Percent Gains Economics Available Reform Consumption Magnitude

Author:Robert Lucas, Jr.

“We girls should have to change a tire or take a 'change your oil' class in high school instead of taking home economics, because we'd benefit from that.”

Should Home School Girl Class Benefits High School Economics Should Have Oil Tire Home Economics

Author:Teri Hatcher

“Some people think the Federal Reserve Banks are US government institutions. They are not... they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will.”

“The capitalist workplace is one of the most profoundly undemocratic institutions on the face of the Earth. Workers have no say over decisions affecting them. If workers sat on the board of directors of democratically operated self-managed enterprises, they wouldn't vote for the wildly unequal distribution of profits to benefit a few and for cutbacks for the many.”

“Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.”

“Real benefits come when managers begin to understand the profound difference between 'cost cutting' and 'eliminating the causes of costs'”

Real Causes Differences Business Cutting Cost Benefits Economics Management Profound Managers Eliminating

Author:Brian L. Joiner

“But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.”

Source: The Law

“My father's vision was to see the Pilbara developed in a way that would benefit his beloved north, and West Australia and he wanted to see Australia become a stronger economy benefiting from the development of our north. His life was spent pursuing that vision.”

Way Wanted Father Vision Economy Development Benefits Ambition Economics Stronger West Beloved Australia

Author:Gina Rinehart

“What's happening is there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out, so the people who get to use the money first, which is created by the Federal Reserve System, benefit, so the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before.”

“Economic growth without social progress lets the great majority of the people remain in poverty, while a privileged few reap the benefits of rising abundance.”

Source: Public Papers of the Presidents of the United States: John F. Kennedy, 1961

“A [tax loophole is] something that benefits the other guy. If it benefits you, it is tax reform.”

Ifs Guy Liberty Taxes Benefits Economics Libertarian Reform Libertarianism Taxation Other Guys Irs Loopholes Tax Day Tax Reform

Author:Russell B. Long

“Politics is about power. It is about the power of the state. It is about the power of the state as applied to individuals, the society in which they live and the economy in which they work. Most critically, our responsibility in this parliament is how that power is used: whether it is used for the benefit of the few or the many.”

States Used Individual Leadership Responsibility Power Economy Benefits Economics Parliament

Book:Not for the Faint-hearted: A Personal Reflection on Life, Politics and Purpose 1957-2007

Source: Not for the Faint-hearted: A Personal Reflection on Life, Politics and Purpose 1957-2007

“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

“What really happens is that the gene pool becomes filled with genes that influence bodies in such a way that they behave 'as if' they made complex, if unconscious, cost/benefit calculations”

Ifs Way Made Body Happens Influence Cost Benefits Economics Filled Complexes Behave Unconscious Pool Genes Calculations

Author:Richard Dawkins

“Men who cannot exploit the co-operative benefits derived from institutions in modern knowledge economies are discriminated against by girls and so have fewer children”

Men Children Girl Economy Modern Benefits Economics Institutions Fewer Exploits

Author:Christopher Wills

“It is the process of evolution which identifies innovative benefits from any source and selects them on merit without prejudice”

Process Source Evolution Benefits Economics Prejudice Merit Innovative

Author:David Landes

“There is economics in biology, nothing is free, everything has to be paid for, there are costs as well as benefits to everything in life, for example, there was never sufficient natural selection pressure to develop better eyes, individuals could earn other things like smiley smiles rather than waste energy & time on better eyes.”

Wells Eye Individual Energy Natural Example Cost Waste Benefits Economics Paid Pressure Sufficient Biology Selection Natural Selection Smiley

Author:Richard Dawkins

“Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as the result of animal spirits-a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.”

Action Spirit Decision Animal Results Taken Benefits Consequence Economics Average Outcomes Urges Spontaneous Probability Inaction Days To Come Animal Spirits

Author:John Maynard Keynes

“Who then would not like to see these benefits flow upon the world from the law, as from an inexhaustible source? But is it possible? Whence does the State draw those resources that it is urged to dispense by way of benefits to individuals? Is it not from the individuals themselves? How, then, can these resources be increased by passing through the hands of a parasitic and voracious intermediary?”

World Way Doe States Philosophy Hands Law Political Individual Source Benefits Draws Resources Economics Flow Passing Passings Passing Through

Author:Frederic Bastiat

“People respond to incentives. If unemployment becomes more attractive because of the unemployment benefit, some unemployed workers may no longer try to find a job or may not try to find one as quickly as they would without the benefit.”

People Ifs Trying May Philosophy Jobs Political Benefits Economics Workers Attractive Unemployment Incentives Unemployed Unemployment Benefits

Author:Paul Krugman

“Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of raising the natural rate of unemployment.”

Source: CourseSmart E-Book for Macroeconomics: A PDF-style E-Book

“Tariffs, government contracts, naval and military spending, nationalized industries, tax policy, social welfare, the legal privileging of labor unions were among the means at the disposal of the governing class to exploit the public at large for the benefits of its various clienteles.”

“Greediness consists in ravishing the goods of another through violence or cunning, as in the two noble professions of the conqueror and courtier. But the merchant, like all other industrious men, seeks his benefit only in his talent, in virtue of freely arrived at agreements, and appealing to faith and the laws.”

Men Two Philosophy Law Political Virtue Violence Talent Benefits Economics Noble Profession Agreement Goods Cunning Merchants Conqueror Industrious Greediness Courtiers Noble Profession

Author:Augustin Thierry

“Goldman Sachs was fundamentally responsible for the crash of 2008, but by that time its former Chairman and Chief Executive Officer, Henry 'Hank' Paulson, had been installed as US Treasury Secretary to begin the bank bail out policy, with enormous benefit to Goldman Sachs, in the closing weeks of the Bush administration. Goldman Sachs was also instrumental in the collapse of the economy in Greece that started the 'euro panic' that later engulfed Ireland.”

“Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.”

“We do not need to understand economics in order to experience the benefits of freedom of exchange and production. But we may very well need to understand economics in order to sustain and maintain the institutional framework that enables us to realize the benefits that flow from freedom of exchange and production.”

Needs Wells May Order Realizing Benefits Economics Flow Productions Framework

Author:Peter Boettke

“The vocabulary of the political left is fascinating. For example, it is considered to be 'materialistic' and 'greedy' to want to keep what you have earned. But it is 'idealistic' to want to take away what someone else has earned and spend it for your own political benefit or to feel good about yourself.”

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