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Economics Quotes

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Economics Quotes

“It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is a challenge to the conceit of those in power.”

Ifs Doe Facts Challenges Pay Attention Impossible Economic Economics Pay Attention Conceit

Book:Human Action

Source: Human Action

“An idea is only an idea if it causes unease, debate and reflection. By that standard, Thomas Homer-Dixon's concept of an 'ingenuity gap' is truly a new idea. I can think of no other new concept that so fully condenses all of the challenges we face as a human civilization than the 'ingenuity gap'. Homer-Dixon has found a way to unite all of our concerns about economics, war, population growth, complexity, etc. under a single heading. He is one of an elite group of academics who can write for a mass audience.”

“It is so important to remember that, as we travel through life, there will be so many events which we can`t control. These are things that seemingly alter our lives forever or become barriers for living a life of fulfillment. It`s important to remember that the ultimate experience of life is not to be controlled by events. We all have difficult events in our lives - the loss of family members, economics, stress, litigation, government interference in our businesses, health challenges. Remember that it is not the events that shape our lives, but, rather, the meaning we attach to them.”

“In 1997, we faced daunting challenges. Boom and bust economics..... Now, for all that remains to be done, dwell for a moment on what has been achieved.”

Has Beens Done Moments Challenges Economics Remains All That Remains

Author:Tony Blair

“I was very interested in politics in college and was heading to be a lawyer. I have a degree in economics and I was interested in it. I hadn't really gotten super serious about it and I'd done a lot of student politics in high school. I really think it would be interesting and fun and challenging to go into politics.”

Thinking Done Would Be School Fun Challenges Interesting Students College Serious Degrees High School Economics Lawyer Headings

Author:Jay Roach

“I prefer to call the most obnoxious feminists what they really are: feminazis. Tom Hazlett, a good friend who is an esteemed and highly regarded professor of economics at the University of California at Davis, coined the term to describe any female who is intolerant of any point of view that challenges militant feminism.”

Term Challenges Views Feminism Female Economics University Feminist Point Of View California Professors Toms Good Friend Militant Obnoxious

Author:Rush Limbaugh

“The blunt truth about the politics of climate change is that no country will want to sacrifice its economy in order to meet this challenge.”

Knows Way Want Long Country Order Term Change Challenges Economy Environment Sacrifice Economics Bases Climate Climate Change Developing Long Term Sensible Blunt

Author:Tony Blair

“To the grumbler who complains about the unfairness of the market system only one piece of advice can be given: If you want to acquire wealth, then try to satisfy the public by offering them something that is cheaper or which they like better....Equality under the law gives you the power to challenge every millionaire.”

Ifs Want Giving Trying Law Given Challenges Wealth Liberty Pieces Economic Advice Economics Complaining Acquire Offering Millionaire Cheaper One Piece Unfairness Equality Under The Law

Author:Ludwig von Mises

“The diversity of mankind is a basic postulate of our knowledge of human beings. But if mankind is diverse and individuated, then how can anyone propose equality as an ideal? Every year, scholars hold Conferences on Equality and call for greater equality, and no one challenges the basic tenet. But what justification can equality find in the nature of man? If each individual is unique, how else can he be made 'equal' to others than by destroying most of what is human in him and reducing human society to the mindless uniformity of the ant heap?”

Source: Man, Economy, and State, Scholar's Edition

“There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the U.S. economy would become less of a magnet for foreign investors. Economic growth, which in any case has recently been at unsustainable levels, would decline somewhat. History proves, however, that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.”

“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.”

“Economics is (now) about emotion and psychology.”

Challenges Emotion Psychology Inspire Economics Provoking

Author:Robert J. Shiller

“Economics, as it has emerged, can be made more productive by paying greater and more explicit attention to the ethical considerations that shape human behaviour and judgment.”

Humans Made Challenges Attention Greater Inspire Shapes Judgment Economics Productive Consideration Ethical Behaviour Provoking Explicit Human Behaviour

Author:Amartya Sen

“This is a timely and relevant initiative. The environmental challenges facing Singapore and the region are becoming more complex. Tackling them will require inter-disciplinary approaches combined with a good understanding of science, economics and governance aspects. The NUS Bachelor of Environment programme will fill a much needed gap in the current framework. NEA is pleased to be a partner to this programme.”

“To those of you who study history, economics, sociology, literature and language I present the challenge of the utilization of the enormous resources in our grasp to the problem of creating a genuinely good life for yourselves and your children.”

Children Problem Literature Language Challenges Study Creating Resources Economics Our Children Enormous Your Children Good Life Sociology Sociological Utilization

Author:Polykarp Kusch

“The innermost essence of my being...is fearless; it is immune to criticism; it does not fear any challenge.”

Doe Spiritual Fear Challenges Economics Criticism Essence Fearless Immune

Author:Eric Butterworth

“Each step in life has been another step in an area that was a challenge, that is highly satisfying and that gives you a great sense of pride afterwards.”

Giving Has Beens Challenges Business Steps Pride Areas Economics Satisfying Steps In Life

Author:Graeme Samuel

“When the study of the household (ecology) and the management of the household (economics) can be merged, and when ethics can be extended to include environmental as well as human values, then we can be optimistic about the future of humankind. Accordingly, bringing together these three ‘E's' is the ultimate holism and the great challenge for our future.”

Source: Ecology and our endangered life-support systems