Quotessence
Home / Topics / Economics Quotes

Economics Quotes

Browse 2895 quotes about Economics.

Related topics

PeopleBusinessIfsPoliticalEconomyLibertyManagementWorldPhilosophyMenThinkingGovernmentWayEconomistHumansKnowsWantShouldLibertarianProblemMeanWellsLawStatesCapitalismInterestMayNeedsPoliticsYearsBelieveFactsFirstsCountrySocialStudyIndividualLibertarianismHas BeensDoeTaxesTheoryIdeasLongRealWealthResourcesTodayPolicyTwoUseImportantEnvironmentInvestingMadeMatterMoneySubjectsWarGivingOrderResultsSocialismTermValuesWholeClassEndsPayPrinciplesHelpingIgnoranceLooksNationsPoorFinanceGrowthIssuesReasonAmericaDebtLittlesMoralArtCompanyCostCoursesFormHardJobsModernSelfTryingBookEconomy And EconomicsEnoughEthicsFundamentalsKindProcessmore

Economics Quotes

“No organism can afford to be conscious of matters with which it could deal at unconscious levels. Broadly, we can afford to sink those sorts of knowledge which continue to be true regardless of changes in the environment, but we must maintain in an accessible place all those controls of behavior which must be modified for every instance. The economics of the system, in fact, pushes organisms toward sinking into the unconscious those generalities of relationship which remain permanently true and toward keeping within the conscious the pragmatic of particular instances.”

MatterFactsLevelsDealsEnvironmentParticularBehaviorConsciousEconomicsBeing TrueInstanceUnconsciousOrganismsSinkingPragmaticGeneralities
Author:Gregory Bateson
Create image

“It is almost as hard to define mathematics as it is to define economics, and one is tempted to fall back on the famous old definition attributed to Jacob Viner, "Economics is what economists do," and say that mathematics is what mathematicians do. A large part of mathematics deals with the formal relations of quantities or numbers.”

HardFallDealsNumbersEconomicsRelationMathematicsDefinitionsQuantityMathematicianFormalEconomistTemptedFall BackJacob
Author:Kenneth E. Boulding
Create image

“But waiting for 'eventually' to prove the alarmists wrong is not the wisest course of action. Unfullfillable ambitions to stifle growth will devastate a world trying to deal with the complexities of economics, stability, and the environment. Quality of life depends on access to energy. Noble intentions about 'C02-free' sources of energy are not sufficient, if their agenda of eliminating coal as a source, and turning their back on nuclear, are allowed to be part of our near-term policies.”

IfsWorldTryingActionCoursesEnergyWaitingGrowthTermDealsQualityEnvironmentPolicySourceDependsProveAmbitionEconomicsIntentionNobleAccessNuclearSufficientComplexityAgendasStabilityCoalQuality Of LifeWisestEliminatingAlarmists
Author:John H. Sununu
Create image

“I learned a good deal about economics, and about America, from the author of the Reagan tax reforms - the great Jack Kemp. What gave Jack that incredible enthusiasm was his belief in the possibilities of free people, in the power of free enterprise and strong communities to overcome poverty and despair. We need that same optimism right now.”

PeopleNeedsAmericaBeliefStrongCommunityDealsPovertyPossibilityRight NowTaxesDespairEconomicsOptimismOvercomingIncrediblesEnthusiasmReformEnterpriseFree EnterpriseTax ReformStrong Community
Author:Paul Ryan
Create image

“It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money - that's all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot - it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.”

IfsWellsLittlesSometimesDoneEnoughMotivationalRunningLawLosesDealsCommonBusinessPayToo MuchRiskBalanceEconomicsAddIncapableLowestSomething BetterMotivational BusinessUnwiseLittle MoneyCommon Law
Author:John Ruskin
Create image

“The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another.”

PeopleWantDoeHelpingCareHatePoliticsDealsLibertyVirtueProduceColorEconomicsLibertarianCommunismLibertarianismFree MarketGreat LibertarianFree Market Capitalism
Author:Milton Friedman
Create image

“People often of masterful intelligence, trained usually in law or economics or perhaps in political science, who have led their governments into disastrous decisions and miscalculations because they have no awareness whatever of the historical background, the cultural universe, of the foreign societies with which they have to deal.”

PeopleGovernmentLawPoliticalUniverseDecisionDealsHistoryAwarenessEconomicsHistoricalBackgroundsPolitical ScienceIn-lawsMiscalculations
Author:Michael Howard
Create image