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Economics Quotes

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Economics Quotes

“Fascism is definitely and absolutely opposed to the doctrines of liberalism, both in the political and economic sphere.”

Political Politics Economic Economics Doctrine Liberalism Spheres Fascism

Book:Fascism: Doctrine and Institutions

Source: Fascism: Doctrine and Institutions

“Yet if anyone cares to read over the now crumbling minutes giving an account of the meetings at which the Italian Fasci di Combattimento were founded, he will find not a doctrine but a series of pointers... It may be objected that this program implies a return to the guilds (corporazioni). No matter!... I therefore hope this assembly will accept the economic claims advanced by national syndicalism.”

Ifs Giving May Matter Care Accepting Economic Minutes Return Program Economics Accounts Claims Meetings Series Doctrine Italian Fascism Assembly Crumbling Guilds Pointers

Author:Benito Mussolini

“The conclusion to which I am ever more clearly coming is that the only hope of attaining a true system of economics is to fling aside,once and forever, the mazy and preposterous assumptions of the Ricardian school. Our English economists have been living in a fool's paradise. The truth is with the French school, and the sooner we recognize the fact, the better it will be for all the world, except perhaps the few writers who are far too committed to the old erroneous doctrines to allow for renunciation.”

World Has Beens Facts School Forever Fool Truth Is Economics Committed Doctrine Conclusion Assumption Paradise Economist Renunciation Fling

Book:Political Economy

Source: Political Economy

“The doctrine of population has been conspicuously absent, not because I doubt in the least its truth and vast importance, but because it forms no part of the direct problem of economics.”

Has Beens Problem Form Doubt Economics Direct Importance Population Doctrine Absent

Author:Thomas Malthus

“The orthodox doctrines of economics which were dominant in the last quarter of the nineteenth century had a clear message. They supported laisser faire, free trade, the gold standard, and the universally advantageous effects of the pursuit of profit by competitive private enterprise.”

Source: Economic heresies: some old-fashioned questions in economic theory

“It was the mystical dogma of Bentham and Adam Smith and the rest, that some of the worst of human passions would turn out to be all for the best. It was the mysterious doctrine that selfishness would do the work of unselfishness.”

Humans Turns Passion Worst Economics Doctrine Mysterious Selfishness Adam Dogma Mystical Unselfishness

Author:Gilbert K. Chesterton

“Though a simple book can be written on selected topics, the central doctrines of economics are not simple and cannot be made so.”

Made Book Simple Written Economics Doctrine Topics Selected

Book:The Early Economic Writings of Alfred Marshall, 1867–1890

Source: The Early Economic Writings of Alfred Marshall, 1867–1890

“Collectivism holds that the individual has no rights, that his life and work belong to the group (to "society," to the tribe, the state, the nation) and that the group may sacrifice him at its own whim to its own interests. The only way to implement a doctrine of that kind is by means of brute force - and statism has always been the poltical corollary of collectivism.”

Way Kind May Mean States Individual Force Nations Interest Liberty Rights Sacrifice Groups Society Economic Economics Doctrine Tribes Brutes Whim Collectivism Brute Force

Book:The Virtue of Selfishness

Source: The Virtue of Selfishness

“It economics is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions.”

Thinking Mind Helping Draws Economics Method Technique Doctrine Conclusion

Author:John Maynard Keynes

“There should be perfect freedom, legal and social, to do the action and stand the consequences. It would be a great misunderstanding of this doctrine to suppose that it is one of selfish indifference, which pretends that human beings have no business with each other's conduct in life, and that they should not concern themselves about the well-doing or well-being of one another, unless their own interest is involved.”

Wells Would Be Economics Selfish Doctrine Well Being Indifference Misunderstanding

Author:John Stuart Mill

“Liberalism is, in fact, the ideology of the capitalist revolution that prodigiously raised the living standards of the mass of people; a doctrine gradually elaborated over several centuries, which offered a new concept of social order, encompassing freedom in the only form suited to the modern world. Step by step, in practice and theory, the various sectors of human activity were withdrawn from the jurisdiction of coercive authority and given over to the voluntary action of self-regulating society.”

“As liberals, men like Richter viewed socialism as the great modern counter-revolution, and believed that the achievement of the socialist goal would lead both to appalling poverty and state absolutism. There was nothing in the socialist doctrine of the time that would suggest otherwise.”

Men States Philosophy Political Goal Poverty Modern Revolution Achievement Economics Socialism Doctrine Socialist Absolutism

Author:Ralph Raico

“The chief arguments that are urged against an established religion, may be used with equal force against an established charity. The dissenter submits, that no party has a right to compel him to contribute to the support of doctrines, which do not meet his approbation. The rate-payer may as reasonably argue, that no one is justified in forcing him to subscribe towards the maintenance of persons, whom he does not consider deserving of relief.”

Source: The Proper Sphere of Government: a Reprint of a Series of Letters, Originally Published in