“One of the soundest rules to remember when making forecasts in the field of economics is that whatever is to happen is happening already.” HappensRememberFieldsHappeningsEconomicsFinanceRemember WhenForecasts Author:Sylvia Porter
“So we don't need more top-down economics. We've tried that theory. We've seen what happens. We can't afford to go back to it.” NeedsHappensTheoryEconomicsTop Down Author:Barack Obama
“Finding a single investment that will return 20% per year for 40 years tends to happen only in dreamland. In the real world, you uncover an opportunity, and then you compare other opportunities with that. And you only invest in the most attractive opportunities. That's your opportunity cost. That's what you learn in freshman economics. The game hasn't changed at all. That's why Modern Portfolio Theory is so asinine.” WorldYearsRealHappensOpportunityGamesModernChangedTheoryReturnCostFindingsEconomicsInvestmentCompareAttractiveReal WorldPortfoliosFreshmanDreamlandOpportunity Cost Author:Charlie Munger
“There are people who like photography; there are people who are worrying about what's going to happen with the dollar. They want to get anything that seems hard. I don't know, but I think it's got to do with economics. Now and then you get somebody who buys a picture because he likes it.” PeopleThinkingKnowsWantHardSeemsHappensWorryPhotographyEconomicsDollarsLikesNow And Then Author:Garry Winogrand
“If you're a realist, you know that people have different roles to play in politics, economics, and this is an important role, but I do think that there has to be an understanding of how what happens here on Wall Street has such broad consequences not just for the domestic but the global economy, so more thought has to be given to the process and transactions and regulations so that we don't kill or maim what works, but we concentrate on the most effective way of moving forward with the brainpower and the financial power that exists here.” PeopleIfsThinkingKnowsWayImportantDifferentPlayHappensMovingGivenProcessUnderstandingRolesEconomyStreetsWallConsequenceEconomicsFinancialMoving ForwardBroadsRegulationRealistTransactionsGlobal Economy Author:Hillary Clinton
“For most progressives, what happens in families is a matter of "just" women's issues and children's issues. So progressive movements have focused primarily on dismantling the top of the dominator pyramid (politics and economics) and left its foundations (domination in family, gender, and other intimate relations) in place.” ChildrenMatterHappensLeftIssuesMovementEconomicsRelationFoundationGenderFocusedIntimateProgressiveDominationPyramidsPolitics And EconomicsProgressive Movement Author:Riane Eisler
“An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.” KnowsHappensTodayFunnyBusinessEconomicTomorrowFutureEconomicsDefinitionsYesterdayExpertsSarcasmEconomistPredictingForecastingEconomy And EconomicsYesterday And TodayKeep Calm And Carry OnHome Economics Author:Laurence J. Peter
“Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.” PeopleWantPhilosophyHappensPoliticalPoliticianEconomics Author:Paul Samuelson
“And I know this happens because I took economics, and I'd explain it to ya, but I flunked that course. Not my fault. They taught it at 8 o'clock in the morning. And there is absolutely nothing you can learn out of one bloodshot eye.” KnowsHumorHappensEyeFunnyCoursesMorningTaughtEconomicsFaultsClockAbsolutely NothingBloodshot Eyes Author:Lewis Black
“There was a time when a fool and his money were soon parted, but now it happens to everybody.” HappensMoneyBusinessStupidFoolEconomics Author:Adlai E. Stevenson
“The worst thing that will probably happen-in fact is already well underway-is not energy depletion, economic collapse, conventional war, or the expansion of totalitarian governments. As terrible as these catastrophes would be for us, they can be repaired in a few generations. The one process now going on that will take millions of years to correct is loss of genetic and species diversity by the destruction of natural habitats. This is the folly our descendants are least likely to forgive us.” YearsWellsWarFactsGovernmentHappensWould BeEnergyProcessNaturalLossMillionsGenerationsEconomicWorstTerribleDiversityEconomicsDestructionForgivingSpeciesFollyCollapseConventionalExpansionWorst ThingsCatastropheDescendantsHabitatEconomic CollapseNatural HabitatsTotalitarian Government Author:E. O. Wilson
“The laws of economics tell us that the expansion of the central state can't go on forever. Its limit is reached when the looted turn on the looters. And that's beginning to happen. More than six decades of hard work for American liberty beginning with the Old Right opposition to the Roosevelt Revolution and continuing with the Mises Institute, is beginning to bear fruit.” HardStatesHappensLawTurnsLibertyForeverHard WorkRevolutionGoes OnBearsLimitsSixEconomicsFruitLibertarianDecadesOppositionLibertarianismContinuingExpansionTurn-onInstituteAmerican Liberty Author:Llewellyn Rockwell
“Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world.” WorldLittlesRealHappensAirBearsEconomicsRelationReal WorldFloatsTheoretical Author:Ronald Coase
“What really happens is that the gene pool becomes filled with genes that influence bodies in such a way that they behave 'as if' they made complex, if unconscious, cost/benefit calculations” IfsWayMadeBodyHappensInfluenceCostBenefitsEconomicsFilledComplexesBehaveUnconsciousPoolGenesCalculations Author:Richard Dawkins
“Some people say 'what would happen if we had a Communist Chancellor of the Exchequer?' I would ask in reply, 'what would happen if he had a lot of Fascist or Mosleyite bank chairmen?' In that event it might be thought disadvantageous to have publicity.” PeopleIfsMightHappensAsksEventsEconomicsCommunistPublicityChairmanFascists Author:Hugh Dalton
“If they [liberals] didn't believe we were mean spirited they couldn't stay liberal. They have to believe they mean better than us, but we don't have to believe that we mean better than them. We have to believe that we do better than them. We measure morality by what happens not what is intended.” IfsBelieveMeanPhilosophyHappensPoliticalMoralityEconomicsSpiritedMean Spirited Author:Dennis Prager
“Forward thinking companies that adapt positively to the sustainable business agenda will be at the forefront of resource productivity, reducing waste and of environmental reporting. They and their management teams make things happen ahead of their competitors” ThinkingHappensBusinessCompanyTeamWasteResourcesEconomicsManagementEnvironmentalProductivityThings HappenAgendasCompetitorsPositivelyReducingMake Things HappenForward Thinking Author:Michael Meacher
“As a manager the important thing is not what happens when you are there, but what happens when you are not there” ImportantHappensBusinessEconomicsManagementImportant ThingsManagers Author:Ken Blanchard
“Only business can build a low-carbon economy. Business is all about seeing ideas and growing them. Businesses have the resources, the people, the technical skills to make things happen - and they have the channels to market” PeopleIdeasHappensBusinessEconomyGrowingSeeingSkillsLowsResourcesEconomicsManagementThings HappenCarbonMake Things HappenTechnical Skills Author:Tom DeLay
“People who think they know what is going to happen next are fools. Surprises - or what the brilliant author Nassim Taleb calls 'Black Swans' - are inevitable. Some are likely to be desperately unpleasant too” PeopleThinkingKnowsHappensNextBlackIgnoranceFoolEconomicsSurpriseBrilliantInevitableSwansBlack Swan Author:Martin Wolf
“If sustainability is going to take hold in the corporate sector in a big way - and we need it to - it will be when it produces big profits and faster growth. It won't happen because of an optional executive commitment to an abstract concept. It will happen because sustainability is a great business strategy. And it is” IfsWayNeedsBigsHappensGrowthBusinessProduceConceptsCommitmentEconomicsManagementStrategyProfitFasterCorporateAbstractExecutivesSustainabilityOptionalGreat BusinessBusiness Strategy Author:Paul Gilding
“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
“Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is driven by pure stupidity - or, rather, inattention, misinformation about fundamentals, and an exaggerated focus on currently circulating stories.” WorldStoriesHappensFocusPureModelsExpectationsEconomicsFundamentalsStupidityDrivenRationalFinanceConspiracyEconomistExaggeratedAdmittingMisinformationInattention Author:Robert J. Shiller
“Let’s summarize. What is awesomeness? Awesomeness happens when thick — real, meaningful — value is created by people who love what they do, added to insanely great stuff, and multiplied by communities who are delighted and inspired because they are authentically better off. That’s a better kind of innovation, built for 21st century economics.” PeopleKindRealHappensValuesStuffCommunityCenturyBuiltEconomicsInnovationInspiredMeaningfulThick21st CenturyBetter OffDelightedAwesomeness Author:Umair Haque