Best economics & conditions Quotes | Short & Famous Sayings

“Entropy is Janus-faced. Its upside surprises are redemptive and favorable to freedom. It is freedom of choice. But the carrier itself requires constant vigilance against entropic noise. Order is not spontaneous, but it is a necessary condition for all the surprises of freedom and opportunity.”

Order Choices Opportunity Conditions Economics Constant Surprise Noise Spontaneous Freedom Of Choice Vigilance Entropy Carrier Janus

Book:Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

“The "human condition" is always to push forward for the better and economics is the study of that process.”

Humans Process Study Conditions Economics Human Condition

Book:The New Era of Wealth: How Investors Can Profit From the 5 Economic Trends Shaping the Future

Source: The New Era of Wealth: How Investors Can Profit From the 5 Economic Trends Shaping the Future

“The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility.”

Conditions Economics Difficulty Utility Conceiving

Book:The Theory of Political Economy

Source: The Theory of Political Economy

“My principal work now lies in tracing out the exact nature and conditions of utility. It seems strange indeed that economists have not bestowed more minute attention on a subject which doubtless furnishes the true key to the problems of economics.”

Problem Seems Lying Attention Minutes Conditions Subjects Strange Keys Economics Principal Economist Utility Tracing

Book:The Theory of Political Economy

Source: The Theory of Political Economy

“Economics is not a science, in the sense that a policy can be repeatedly applied under similar conditions and will repeatedly produce similar results.”

Results Conditions Policy Produce Economics

Book:Speaking up

Source: Speaking up

“There is no means by which anyone can evade his personal responsibility. Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen. In such vital matters blind reliance upon 'experts' and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people's domination. As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.”

“The predominant teachings of this age are that there are no limits to man's capacity to govern others and that, therefore, no limitations ought to be imposed upon government. The older faith, born of long ages of suffering under man's dominion over man, was that the exercise of unlimited power by men with limited minds and self-regarding prejudices is soon oppressive, reactionary, and corrupt. The older faith taught that the very condition of progress was the limitation of power to the capacity and the virtue of rulers.”

“We recognize the force of the argument that the effects of war under modern conditions may be felt in the economy for years and years, and that if the war power can be used in days of peace to treat all the wounds which war inflicts on our society, it may not only swallow up all other powers of Congress but largely obliterate the Ninth and the Tenth Amendments as well.”

Ifs Years Wells May War Used Force Felt Power Economy Modern Conditions Effects Economics Argument Treats Constitution Congress Wounds Our Society Amendments Effects Of War

Author:William O. Douglas

“The liberal reward of labor, therefore, as it is the necessary effect, so it is the natural symptom of increasing national wealth. The scanty maintenance of the laboring poor, on the other hand, is the natural symptom that things are at a stand, and their starving condition that they going backwards fast.”

Hands Natural Wealth Poor Conditions Effects Economics Labor Rewards Backwards Symptoms Starving Maintenance

Book:The Wealth of Nations: Representative Selections

Source: The Wealth of Nations: Representative Selections

“I have concluded that most PhD economists under appraise the power of the common-stock-based "wealth effect," under current extreme conditions... "Wealth effects" involve mathematical puzzles that are not nearly so well worked out as physics theories and never can be... What has happened in Japan over roughly the last ten years has shaken up academic economics, as it obviously should, creating strong worries about recession from "wealth effects" in reverse.”

“What we shouldn't be doing is trying to take away your rights to bargain for better wages or working conditions... These so-called "right to work" laws, they don't have to do with economics; they have everything to do with politics. What they're really talking about is giving you the right to work for less money.”

Giving Trying Law Talking Rights Conditions Economics Wages Bargains Working Conditions

Author:Barack Obama

“In terms of the economics, yes obviously the rise of e-books and how people choose to read books has a big effect on the economics of the game. But whether people are buying them on paper or downloading them there's still some poor wretch in a room who is trying to write a poem, write a story, write a novel. And so my job doesn't change. It's just how people receive it and economic conditions on the ground change, but that doesn't affect what I write.”

People Writing Trying Stills Book Stories Bigs Jobs Games Term Poor Rooms Novel Economic Conditions Effects Paper Economics Buying

Author:Colson Whitehead

“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 materialist theory of history, that all politics and ethics are the expression of economics, is a very simple fallacy indeed. It consists simply of confusing the necessary conditions of life with the normal preoccupations of life, that are quite a different thing.”

Men Two Different Simple Walks Conditions Expression Theory Normal Ethics Economics Shoes Legs Different Things Confusing Fallacy Preoccupation Stockings

Author:Gilbert K. Chesterton

“Human envy is certainly not one of the sources of discontent that a free society can eliminate. It is probably one of the essential conditions for the preservation of such a society that we do not countenance envy, not sanction its demands by camouflaging it as social justice, but treat it, in the words of John Stuart Mill, as 'the most anti-social and evil of all passions.'”

“Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.”

“Somehow, the fact that more poor people are on welfare, receiving more generous payments, does not seem to have made this country a nice place to live - not even for the poor on welfare, whose condition seems not noticeably better than when they were poor and off welfare. Something appears to have gone wrong; a liberal and compassionate social policy has bred all sorts of unanticipated and perverse consequences.”

Source: Neoconservatism: The Autobiography of an Idea

“We must show that liberty is not merely one particular value but that it is the source and condition of most moral values. What a free society offers to the individual is much more than what he would be able to do if only he were free. We can therefore not fully appreciate the value of freedom until we know how a society of free men as a whole differs from one in which unfreedom prevails.”

“When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union - like public housing in the United States - look decrepit within a year or two of their construction.”

Source: Free to Choose: A Personal Statement

“Some of the most serious fallacies of traditional economics have been due to confusion between optimum and equilibrium conditions; the apparent influence of Dr. Pangloss upon the development of economic thought is for the most part nothing but pure intellectual error.”

Has Beens Influence Economic Conditions Serious Development Pure Intellectual Economics Errors Dues Confusion Traditional Drs Equilibrium Fallacy Optimum

Author:Sir John Richard Hicks

“I admit that these terms and the diagrams connected with them repel some readers, and fill others with the vain imagination that they have mastered difficult economics problems, when really they have done little more than learn the language in which parts of those problems can be expressed, and the machinery by which they can be handled. When the actual conditions of particular problems have not been studied, such knowledge is little better than a derrick for sinking oil-wells erected where there are no oil-bearing strata.”

Wells Littles Done Problem Language Difficult Term Imagination Conditions Particular Reader Economics Connected Oil Vain Machinery Sinking Diagrams

Author:Alfred Marshall

“The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are. For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people.”

People Ifs Matter Liberty Study Impossible Economic Conditions Policy Approach Mass Economics Majority Entrepreneur Harm Driven Income Capitalist Resentment Immense Bias Envious

Book:Planned Chaos

Source: Planned Chaos

“On Positive Liberty: The business of the State is to use its organizing powers for the purpose of furnishing the necessary conditions which allow this people freely to unfold its creative faculties.”

People States Philosophy Use Political Purpose Liberty Creative Conditions Economics Faculty

Author:Adolf Hitler

“Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown in the days of his youth and many others which at that time could be enjoyed only by a small minority are now standard equipment of almost every household.”

Years Philosophy Political Used Realizing Environment Conditions Youth Standards Economics Average Granted Enjoyed Minorities Something New Household Looking Back Equipment

Book:Economic freedom and interventionism: an anthology of articles and essays

Source: Economic freedom and interventionism: an anthology of articles and essays

“The main propoganda trick of supporters of the allegedly "progressive" policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas, all they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems. The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.”

“Our real battlefield today is Asia and our real battle is the one between democracy and communism. . . . We have to prove to the world and particularly to downtrodden areas of the world which are the natural prey to the principles of communist economics that democracy really brings about happier and better conditions for the people as a whole.”

Source: Eleanor and Harry: The Correspondence of Eleanor Roosevelt and Harry S. Truman

“Adam Smith had one overwhelmingly important triumph: he put into the center of economics the systematic analysis of the behavior of individuals pursuing their self-interest under conditions of competition.”

Important Self Individual Interest Conditions Behavior Economics Competition Triumph Analysis Adam Self Interest Systematic

Author:George Stigler

“My Prime Minister regards the economy as our highest priority and forgets that economics and ecology are derived from the same Greek word, oikos, meaning household or domain. Ecology is the study of home, while economics is its management. Ecologists try to define the conditions and principles that enable a species to survive and flourish. Yet in elevating the economy above those principles, we seem to think we are immune to the laws of nature. We have to put the ‘eco’ back into economics.”

“I think the team that successfully puts together an economic and social policy framework for global full employment in decent working conditions based on local development, that would command the support of all stakeholders and all international organizations concerned, should be awarded the [Nobel] prize. I am sure they would get it not just for economics, but also for peace in the world.”

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