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Economics Quotes

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Economics Quotes

“The most important feature of an information economy, in which information is defined as surprise, is the overthrow, not the attainment, of equilibrium. The science that we have come to know as information theory establishes the supremacy of the entrepreneur because it appreciates the powerful connection between destruction and what Schumpeter described as "creative destruction," between chaos and creativity.”

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

“In order to understand the movement of prices, you need not an oscilloscope to measure the entire market and reduce it to noise, but a microscope to investigate the creative process behind every company and its price.”

Needs Order Process Behinds Company Creative Movement Economics Noise Creative Process Microscopes

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

“I think a lot of creative people have no sense of numbers and economics.”

People Thinking Numbers Creative Economics Creative People

Author:Garry Marshall

“I've always been a big believer in the power of place. I believe that where we are affects who we are when it comes to happiness, spirituality, economics and creative genius.”

Believe Bigs Spirituality I Believe Creative Genius Economics Believer Who We Are Creative Genius

Author:Eric Weiner

“Design is a way of life, a point of view. It involves the whole complex of visual communications: talent, creative ability, manual skill, and technical knowledge. Aesthetics and economics, technology and psychology are intrinsically related to the process.”

“I have long aspired to make our company a noble prototype of industry, penetrating in science, reliable in engineering, creative in aesthetics and wholesomely prosperous in economics.”

Long Science Company Creative Industry Economics Accounts Noble Engineering Prosperous Aesthetics Prototype

Author:Edwin Land

“If you want creative workers, give them enough time to play.”

“The perennial gale of creative destruction”

Creative Economics Destruction Gale Creative Destruction

Book:The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle

Source: The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle

“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

“We are enjoying in Africa what I call the democracy dividend. The progress we are seeing, economic development are all part of the dividend of good governance, respect for human rights, rule of law. It has created an enabling environment that allows not only foreigners to come in and invest but for Ghanaians to invest. It has created an atmosphere for our young people to be creative, innovative”

“A thousand restaurants close every month. They re-open, and that's good for America. Nobody's rescuing them. They employ people, too. If we let them go bankrupt, the factories don't go away, the creative people don't go away. They get employed more productively by others.”

People Ifs America Creative Months Thousand Economics Conservative Restaurants Going Away Factories Employed Creative People

Author:John Stossel

“The real wealth of a nation is its people. And the purpose of development is to create an enabling environment for people to enjoy long, healthy, and creative lives. This simple but powerful truth is too often forgotten in the pursuit of material and financial wealth.”