Quotessence
Home / Topics / Economics Quotes

Economics Quotes

Browse 2895 quotes about Economics.

Related topics

PeopleBusinessIfsPoliticalEconomyLibertyManagementWorldPhilosophyMenThinkingGovernmentWayEconomistHumansKnowsWantShouldLibertarianProblemMeanWellsLawStatesCapitalismInterestMayNeedsPoliticsYearsBelieveFactsFirstsCountrySocialStudyIndividualLibertarianismHas BeensDoeTaxesTheoryIdeasLongRealWealthResourcesTodayPolicyTwoUseImportantEnvironmentInvestingMadeMatterMoneySubjectsWarGivingOrderResultsSocialismTermValuesWholeClassEndsPayPrinciplesHelpingIgnoranceLooksNationsPoorFinanceGrowthIssuesReasonAmericaDebtLittlesMoralArtCompanyCostCoursesFormHardJobsModernSelfTryingBookEconomy And EconomicsEnoughEthicsFundamentalsKindProcessmore

Economics Quotes

“In an information economy, entrepreneurs master the science of information in order to overcome the laws of the purely physical sciences. They can succeed because of the surprising power of the laws of information, which are conducive to human creativity. The central concept of information theory is a measure of freedom of choice. The principle of matter, on the other hand, is not liberty but limitation- it has weight and occupies space.”

HumansMatterHandsLawOrderChoicesSpaceLibertyPrinciplesCreativityEconomyInformationMastersTheorySucceedConceptsEconomicsOvercomingWeightEntrepreneurLimitationSurprisingFreedom Of ChoicePhysical Science
Book:Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World
Create image

“Here is a principle to use in all aspects of economics and policy. When you find a good or service that is in huge demand but the supply is so limited to the point that the price goes up and up, look for the regulation that is causing it. This applies regardless of the sector, whether transportation, gas, education, food, beer, or daycare. There is something in the way that is preventing the market from working as it should. If you look carefully enough, you will find the hand of the state making the mess in question.”

IfsWayShouldLooksStatesEnoughUseHandsPrinciplesPolicyHugeDemandAspectEconomicsMessBeerGasRegulationTransportationPreventingDaycare
Author:Jeffrey Tucker
Create image

“It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth.”

PeopleMindLongImportantMatterEnoughHandsRunningGrowthKnowledgeEconomicEffectsCostMouthsEconomicsOvercomingSizePopulationIntellectContributionLong RunsSmart PeopleKnowledge Is PowerPopulation GrowthUseful Knowledge
Author:Julian Simon
Create image

“[F]or women, like tradesmen, draw in the injudicious to buy their goods by the high value they themselves set upon them.... They endeavor strongly to fix in the minds of their enamoratos their own high value, and then contrive as much as possible to make them believe that they have so many purchasers at hand that the goods--if they do not make haste--will all be gone.”

IfsMenMindBelieveHandsValuesMarriageGoneDrawsMen And WomenEconomicsGoodsEndeavorHastePurchasers
Author:Sarah Fielding
Create image

“Every individual necessarily labors to render the annual revenue of society as great as he can. He generally neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own gain, and he is, in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention.”

KnowsEndsHandsIndividualInterestLibertyCasesKnow HowEconomicGainsEconomicsLaborIntentionLibertarianInvisibleLibertarianismRevenueFree MarketPromotingAnnualsIndividual LibertyPublic InterestGreat LibertarianInvisible HandWealth Of Nations
Author:Adam Smith
Create image

“The liberal reward of labor, therefore, as it is the necessary effect, so it is the natural symptom of increasing national wealth. The scanty maintenance of the laboring poor, on the other hand, is the natural symptom that things are at a stand, and their starving condition that they going backwards fast.”

HandsNaturalWealthPoorConditionsEffectsEconomicsLaborRewardsBackwardsSymptomsStarvingMaintenance
Book:The Wealth of Nations: Representative Selections
Create image

“In the new American ghetto, the nightmare engine is bubble economics, a kind of high-tech casino scam that kills neighborhoods just like dope does, only the product is credit, not crack or heroin. It concentrates the money of the population in just a few hands with brutal efficiency, just like narco-business, and just as in narco-business the product itself, debt, steadily demoralizes the customer to the point where he’s unable to prevent himself from being continually dominated.”

KindDoeHandsProductsEconomicsPopulationCreditDebtCustomersNightmareNeighborhoodCracksEnginesBubblesBrutalEfficiencyGhettoHeroinDopeCasinosScams
Author:Matt Taibbi
Create image

“The country is now universally recognised as a nation on the move and takes its place amongst the successful economies in the region. The future potential is enormous but the country's destiny is in our hands. The time has come to move from small increments to bold, large initiatives. The time has come to stretch the envelope and set goals which were earlier not seen to be possible. The time has come for performance to be measured and for allocated funds of the government to reach the people for whom they were intended.”

PeopleInspirationalCountryHandsGovernmentMovingNationsGoalWealthDestinyEconomySuccessfulEconomicsPerformancesEnormousRegionsFundInitiativeSetting GoalsEnvelopesBusiness Growth
Author:Ratan Tata
Create image

“One of the methods used by statists to destroy capitalism consists in establishing controls that tie a given industry hand and foot, making it unable to solve its problems, then declaring that freedom has failed and stronger controls are necessary.”

ProblemHandsUsedGivenLibertyFeetEconomicIndustryCapitalismEconomicsStrongerMethodSolveTiesDeclaringHands And Feet
Book:The Voice of Reason: Essays in Objectivist Thought
Create image

“The question is not what anybody deserves. The question is who is to take on the God-like role of deciding what everybody else deserves. You can talk about 'social justice' all you want. But what death taxes boil down to is letting politicians take money from widows and orphans to pay for goodies that they will hand out to others, in order to buy votes to get re-elected. That is not social justice or any other kind of justice.”

WantKindHandsOrderSocialJusticePayLibertyRolesEconomicPoliticianTaxesDeserveEconomicsVoteSocial JusticeTyrannyWidowsOrphanDeserve YouWidows And Orphans
Book:Controversial Essays
Create image

“Who then would not like to see these benefits flow upon the world from the law, as from an inexhaustible source? But is it possible? Whence does the State draw those resources that it is urged to dispense by way of benefits to individuals? Is it not from the individuals themselves? How, then, can these resources be increased by passing through the hands of a parasitic and voracious intermediary?”

WorldWayDoeStatesPhilosophyHandsLawPoliticalIndividualSourceBenefitsDrawsResourcesEconomicsFlowPassingPassingsPassing Through
Author:Frederic Bastiat
Create image

“The real economic cleavage is not... between employers and employed, but between all who do constructive work, from scientist to laborer, on the one hand, and all whose main interest is the preservation of existing proprietary rights upon the other, irrespective of whether they contribute to constructive work or not.”

RealPhilosophyHandsPoliticalInterestRightsEconomicEconomicsScientistPreservationEmployedEmployersConstructiveLaborersCleavage
Book:THE ACQUISITIVE SOCIETY
Create image

“The gang that trashed the town was now back in town to trash it even more and you'll never guess.. they decided that the only way to save an economy brought to its knees by their collective actions and the banking system they represent was to, well, no, surely not.. hand trillions of taxpayer-borrowed dollars to the Rothschild-controlled banks and insurance companies like CitiGroup, J. P. Morgan, AIG and a long list of others.”

WayWellsLongHandsActionCompanyEconomyEconomicsDecidedTownsDollarsListsKneesCollectivesControlledBankingTrashGangTaxpayersBorrowedInsurance CompaniesBanking SystemCollective ActionRothschild
Author:David Icke
Create image

“What's the single most important thing to learn from an economics course today? What I tried to leave my students with is the view that the invisible hand is more powerful than the hidden hand. Things will happen in well-organized efforts without direction, controls, plans. That's the consensus among economists. That's the Hayek legacy.”

WellsImportantHandsHappensTodayCoursesViewsPowerfulEffortPlansStudentsEconomicsImportant ThingsInvisibleLegacyOrganizedEconomistConsensusHayekInvisible Hand
Author:Lawrence Summers
Create image

“At its heart, this book touches on a mystery of economics: what exactly is happening in our world, and why does it often work so well? As the authors show, apparently messy systems - such as untidy desks - actually exhibit a high degree of order: the piles of paper are close to hand, and the most important documents tend to make their way to the top while un-needed ones sink to the bottom. If the mess works, why mess with it?”

IfsWorldWayWellsHeartDoeImportantBookShowsHandsAmericaOrderMysteryModernNeededDegreesPaperHappeningsEconomicsBottomMessOur WorldDesksDocumentsModern WorldMessyExhibitsWhy MeExactly Is
Author:Nicholas Blincoe
Create image

“Good writing, and this is especially important in a subject such as economics, must also involve the reader in the matter at hand. It is not enough to explain. The images that are in the mind of the writer must be made to reappear in the mind of the reader, and it is the absence of this ability that causes much economic writing to be condemned, quite properly, as abstract.”

WritingMindMadeImportantMatterEnoughHandsCausesAbilityEconomicSubjectsReaderEconomicsAbsenceAbstractGood Writing
Author:John Kenneth Galbraith
Create image