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Economics Quotes

“The dominant orthodoxy in development economics was that Third World countries were trapped in a vicious cycle of poverty that could be broken only by massive foreign aid from the more prosperous industrial nations of the world. This was in keeping with a more general vision on the Left that people were essentially divided into three categories - the heartless, the helpless, and wonderful people like themselves, who would rescue the helpless by playing Lady Bountiful with the taxpayers' money.”

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Book:Ever Wonder Why?: and Other Controversial Essays
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“At the heart of capitalism is the unification of knowledge and power. As Friedrich Hayek, the leader of the Austrian school of economics, put it, "To assume all the knowledge to be given to a single mind... is to disregard everything that is important and significant in the real world." Because knowledge is dispersed, power must be as well.”

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Book:Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World
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“An American economist of two generations ago, H. J. Davenport, who was the best friend Thorstein Veblen ever had (Veblen actually lived for a time in Davenport's coal cellar) once said: "There is no reason why theoretical economics should be a monopoly of the reactionaries." All my life I have tried to take this warning to heart, and I dare call it to your favorable attention.”

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Book:The Collected Scientific Papers of Paul Samuelson, Volume 3
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“It is a privilege to be recognized by FDLA. I am a staunch believer that as a member of the Bar, we have the great privilege to represent clients in all facets of our practice, and that includes making the commitment to represent clients for whom access to representation and ultimately justice is limited by economics. As all of the “20 for 20 honorees have done, stepping up to meet that commitment is at the heart of what it means to be a lawyer. I hope the inspiring stories and contributions of my fellow honorees will shine a bright light on FDLA and this most important mission.”

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Author:Terrence J
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“...to many a mother's heart has come the disappointment of a loss of power, a limitation of influence when early manhood takes the boy from the home, or when even before that time, in school, or where he touches the great world and begins to be bewildered with its controversies, trade and economics and politics make their imprint even while his lips are dewy with his mother's kiss.”

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Author:Judith Ellen Foster
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“There is a deeper truth expressed in the unity of the United States. Implicate in the union of our country is the union of all people. All people are essentially one. The world is interconnected not only on the material level of economics, trade, communication, and transportation, but innerconnected through human consciousness, through the human heart, through the heart of the world, through the simply expressed impulse and yearning to be and to breathe free.”

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Author:Dennis Kucinich
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“The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.”

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Book:The collected writings of John Maynard Keynes
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“My war - and I have yet to win a decisive battle - is with the modes of thought that and conditioned feelings that prevail in psychology and therefore also in the way we think and feel about our being. Of these conditions none are more tyrannical than the convictions that clamp the mind and heart into positivistic science (geneticism and computerism), economics (bottom-line capitalism), and single-minded faith (fundamentalism).”

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Author:James Hillman
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“However, if we wish to be compassionate with our fellow man, we must learn to engage in dispassionate analysis. In other words, thinking with our hearts, rather than our brains, is a surefire method to hurt those whom we wish to help.”

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Book:Liberty Versus the Tyranny of Socialism: Controversial Essays
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“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?”

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Author:Nicholas Blincoe
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“Economics and a reliance on science and technology to solve our problems has led to an unsustainable situation where continued growth in consumption is required for governments and business to be considered successful. This is a form of insanity. Economics is at the heart of our destructive ways and our faith in it has blinded us”

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Author:David Suzuki
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“Modern prophets say that our economics have failed us. No! It is not our economics which have failed; it is man who has failed-man who has forgotten God. Hence no manner of economic or political readjustment can possibly save our civilization; we can be saved only by a renovation of the inner man, only by a purging of our hearts and souls; for only by seeking first the Kingdom of God and His Justice will all these other things be added unto us.”

MenFirstsHeartSoulPoliticalJusticeEconomicModernCivilizationEconomicsForgottenSeekingSavedKingdomsProphetKingdom Of GodHeart And SoulPurgingRenovationGodlessness
Author:Fulton J. Sheen
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