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Economics Quotes

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Economics Quotes

“Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry.”

Source: Contributions to Modern Economics

“Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those at the bottom.”

Helping Middle Economics Bottom Myth Corporations Enriching Trickle Down Trickle Down Economics

Author:Joseph Stiglitz

“Wise are those who learn that the bottom line doesn't always have to be their top priority.”

Inspiration Lines Business Wise Economics Encouragement Management Bottom Priorities Graduation Bottom Line Top Priorities Funny Commencement Cool Graduation Priorities In Life

Author:William Arthur Ward

“My war - and I have yet to win a decisive battle - is with the modes of thought that and conditioned feelings that prevail in psychology and therefore also in the way we think and feel about our being. Of these conditions none are more tyrannical than the convictions that clamp the mind and heart into positivistic science (geneticism and computerism), economics (bottom-line capitalism), and single-minded faith (fundamentalism).”

Thinking Way Feels Mind Heart War Feelings Winning Lines Psychology Conditions Battle Capitalism Economics Bottom Conviction Fundamentalism Heart And Mind Bottom Line

Author:James Hillman

“The change we need is fixing this broken economy from the bottom up.. not tax breaks for the wealthy and huge corporations that ship U.S. jobs overseas. We need to focus on defeating al Qaeda and the Taliban and restoring America's standing in the world.. not an unending commitment in Iraq.”

“Economy is too late when you are at the bottom of your purse.”

Economy Late Economics Bottom Too Late Purses Economy And Economics

Author:Seneca the Younger

“In order to make a perfect and beautiful machine, it is not requisite to know how to make it. All the works of human genius can be understood in the end to be products of a cascade of generate-and-test procedures that are, at bottom, algorithmic and mindless.”

Knows Humans Ends Beautiful Order Perfect Know How Products Genius Understood Economics Tests Machines Bottom Procedures Mindless Cascade

Author:Daniel Dennett

“It is the habit of the unthinking to turn to the illusions of economic magic. These unhappy times call for the building of plans that put their faith once more in the forgotten man at the bottom of the economic pyramid”

Men Turns Plans Magic Economic Building Habit Illusion Economics Bottom Forgotten Unhappy Pyramids

Book:The Essential Franklin Delano Roosevelt

Source: The Essential Franklin Delano Roosevelt

“People ask me, how is managing in the New Economy different from managing in the Old Economy? Actually, it's a lot the same. It's about the financial discipline of the bottom line, understanding your customers, segmenting your customers by their needs, and building a world-class management team.”

“It’s not about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line.”

Lines Economics Fundamentals Bottom Scales Digital Revenue Bottom Line Margins

Author:Yuri Milner

“At its heart, this book touches on a mystery of economics: what exactly is happening in our world, and why does it often work so well? As the authors show, apparently messy systems - such as untidy desks - actually exhibit a high degree of order: the piles of paper are close to hand, and the most important documents tend to make their way to the top while un-needed ones sink to the bottom. If the mess works, why mess with it?”