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Economics Quotes

Browse 2895 quotes about Economics.

Economics Quotes

“If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.”

“I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.”

Reason Liberty Cutting Circumstances Taxes Economics Conservative Excuse Favors Finance Economist Taxation Free Market Government Spending Free Market Capitalism

Author:Milton Friedman

“There's no such thing as a free lunch.”

Economics Lunch Ecology Free Market Solace Free Market Capitalism Free Lunch Take Nothing For Granted Commoners Opportunity Cost Ecological Crisis Lunch Break Everything Must Go

Author:Milton Friedman

“Underlying most arguments against the free market is a lack of belief in freedom itself.”

Belief Freedom Liberty Capitalism Economics Argument Libertarian Libertarianism Free Market Market Economy Economic Freedom Free Market Capitalism Free Economy

Book:Capitalism and Freedom: Fortieth Anniversary Edition

Source: Capitalism and Freedom: Fortieth Anniversary Edition

“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.”

Important Facts Freedom Party Business Economy Benefits Economics Investing Partnership Free Market Market Economy Free Market Capitalism Economy And Economics Free Economy

Author:Milton Friedman

“The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.”

People Way Together Individual Freedom Economy Essentials Economics Partnership Free Market Individual Freedom Free Market Capitalism

Author:Milton Friedman

“The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.”

Kind Philosophy Problem Political Social Liberty Capitalism Economics Organization Greed Harm Libertarian Arrangements Free Market Capitalism Social Organization

Book:Bright Promises, Dismal Performance: An Economist's Protest

Source: Bright Promises, Dismal Performance: An Economist's Protest

“The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.”

People Way Government Black Freedom Economy Economics Opening Working It Free Market Enabling Opening Up Market Economy Free Market Capitalism

Author:Milton Friedman

“A wise and frugal Government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circle of our felicities.”

Book:Jefferson on Freedom: Wisdom, Advice, and Hints on Freedom, Democracy, and the American Way

Source: Jefferson on Freedom: Wisdom, Advice, and Hints on Freedom, Democracy, and the American Way

“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.”

People Want Doe Helping Care Hate Politics Deals Liberty Virtue Produce Color Economics Libertarian Communism Libertarianism Free Market Great Libertarian Free Market Capitalism

Author:Milton Friedman

“Take not from the mouth of labor the bread it has earned.”

“Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at.”

Liberty Economic Produce Products Capitalism Economics Producers Free Market Free Market Capitalism

Book:The Logic of Action Two: Applications and Criticism from the Austrian School

Source: The Logic of Action Two: Applications and Criticism from the Austrian School

“America's abundance was not created by public sacrifices to the common good, but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes.”

Source: Capitalism: The Unknown Ideal

“The Western societies which espouse free market capitalism survive by the pursuit of greed and, in their own way, like Communism, throw into leadership men and women (mostly men) who know how to gain, exert and manipulate power.”

Knows Men Way Leadership Business Know How Men And Women Capitalism Gains Economics Western Greed Pursuit Communism Free Market Manipulate Western Society Free Market Capitalism

Author:Davis McCaughey

“Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property.”

Ifs Want Mean Use Wisdom Decision Knowledge Economy Resources Economics Property Efficiency Free Market Effectiveness Private Property Market Economy Free Market Capitalism Economy And Economics

Author:Milton Friedman

“We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism. It will provide business and public policy with a powerful new tool for economic development, profitability, and the promotion of the public good.”