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Economics Quotes

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Economics Quotes

“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

“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending”

Thinking Problem Economics Crisis Addiction Greed Debt Spending Cures Substance Experts Economist Banking Bankers Sucker Debt Crisis

Book:The Bed of Procrustes: Philosophical and Practical Aphorisms

Source: The Bed of Procrustes: Philosophical and Practical Aphorisms

“The agrarian crisis [in India] is an unnecessary tragedy, resulting directly from an economics of greed and a politics driven by the economies of greed.”

Economy Economics India Tragedy Crisis Greed Driven Unnecessary

Author:Vandana Shiva

“Experience demands that man is the only animal which devours his own kind, for I can apply no milder term to the general prey of the rich on the poor.”

“We have always known that heedless self interest was bad morals, we now know that it is bad economics.”

Knows Self Interest Business Known Moral Economics Greed Self Interest

Author:Franklin D. Roosevelt

“There's enough on this planet for everyone's needs but not for everyone's greed.”

“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

“Responsible people work, earn, save, invest, make things better for self & family. Lefties call that "greed."”

People Self Philosophy Political Economics Responsible Greed Lefties

Author:Philip Schuyler

“The top two ways to destroy success are greed and impatience”

Way Two Business Economics Management Greed Impatience Two Ways

Author:Phil Harding

“"The ultimate recession": a recession caused not by failed regulation and bankers' greed, but by very high oil prices, food and water shortages, disappearing forests, accelerating climate change, forced migration and mass civil disruption...The long and the short of it, unfortunately, is this: more politicians still believe that economic recovery depends on continuing to live beyond our means (financially and ecologically) than on learning to live within our means. And that's why the ultimate "Perfect Storm" recession still looms on the horizon”

“It's not competition and greed that makes the world go around, it's cooperating and caring”

World Business Economics Management Competition Greed Caring Cooperating

Author:Ed Mayo

“We should know that only replacing the economics of competition and greed with the economics of equitable cooperation will guarantee a globalization that takes advantage of potential efficiency gains in ways that also promote environmental protection, international equity, economic democracy, and variety.”

Source: Panic rules!: everything you need to know about the global economy

“For what will it profit men that a more prudent distribution and use of riches make it possible for them to gain even the whole world, if thereby they suffer the loss of their own souls? What will it profit to teach them sound principles in economics, if they permit themselves to be so swept away by selfishness, by unbridled and sordid greed, that hearing the commandments of the Lord, they do all things contrary.”

Source: On Social Reconstruction: Encyclical Letter

“The vocabulary of the political left is fascinating. For example, it is considered to be 'materialistic' and 'greedy' to want to keep what you have earned. But it is 'idealistic' to want to take away what someone else has earned and spend it for your own political benefit or to feel good about yourself.”