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Economics Quotes

Browse 2895 quotes about Economics.

Economics Quotes

“Central bankers always try to avoid their last big mistake. So every time there's the threat of a contraction in the economy, they'll over stimulate the economy, by printing too much money. The result will be a rising roller coaster of inflation, with each high and low being higher than the preceding one.”

“What is surprising is not that oppression should make its appearance only after higher forms of economy have been reached, but that it should always accompany them.”

Should Has Beens Form Economy Higher Economics Appearance Oppression Surprising Accompany

Book:Oppression and Liberty

Source: Oppression and Liberty

“Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.”

People Mean Risk College Higher Economics Professors Aversion

Author:Michael Arrington

“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”

Wells Mean Faces Law Levels Plans Economic Higher Economics Increase Productions Consumption Laws Of Nature Higher Level

Author:Calvin Coolidge

“This we must say, that everything is economics and economic interest as mere satisfaction of physical needs had, have and always will have a subordinate role in a normal human, that beyond this sphere must be differentiated from an order of higher values, political , spiritual and heroic.”

Needs Humans Spiritual Political Values Order Interest Roles Economic Higher Normal Economics Mere Satisfaction Spheres Heroic Subordinates

Author:Julius Evola

“With respect to teaching, I couldn't make sense of mainstream economics when I had to teach it to college students. At the same time, I could see at the school that there was a whole lot of hypocrisy. Not much real respect for the "higher learning."”

Real Whole School Teach Teaching Students College Higher Economics Make Sense Hypocrisy Mainstream College Students Higher Learning

Author:Michael Yates

“People's position on immigration, once they get "sophisticated," and they rise to the higher levels of commentary or government, it's usually determined solely by economics. And not by anything else.”

People Government Levels Position Higher Economics Determined Immigration Sophisticated Commentary Higher Level

Author:Mark Helprin

“Class I to XII wasn't much help; I was always a mediocre student. But when I pursued higher education and studied economics with theatre or psychology with science fiction, I got a whole new world view.”

World Whole Helping Views Fiction Class Psychology Students Higher Economics Science Fiction Theatre New World Mediocre Pursued Higher Education World View

Author:Vir Das

“America's abundance was created not 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. They did not starve the people to pay for America's industrialization. They gave the people better jobs, higher wages, and cheaper goods with every new machine they invented, with every scientific discovery or technological advance- and thus the whole country was moving forward and profiting, not suffering, every step of the way.”

“The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.”

Men Country Common Numbers Liberty Higher Standards Economics Gold Entrepreneur Libertarian Wealthy Libertarianism Standards Of Living Common Man Great Libertarian

Book:Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses

Source: Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses

“Competition is the most promising means to achieve and secure prosperity. It alone enables people in their role of consumer to gain from economic progress. It ensures that all advantages which result from higher productivity may eventually be enjoyed.”

People May Mean Results Roles Progress Economic Achieve Higher Gains Advantage Economics Competition Prosperity Productivity Secure Enjoyed Consumers Economic Progress

Author:Ludwig Erhard

“Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.”

Philosophy Moving Political Differences Movement Higher Lows Economics Response Goods Genocide

Book:The Ethics of Competition

Source: The Ethics of Competition

“Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better idea is to have the government subsidize low-wage employment. The earned-income tax credit for low-income workers - which has been the object of proposed cuts by both President Clinton and congressional Republicans - has been a positive step in this direction.”

“The higher education system in these countries (US, Korea etc) has become like a theatre in which some people decided to stand to get a better view, promoting the others behind them to stand. Once enough people stand, everyone has to stand, which means no one is getting a better view, while everyone has become more uncomfortable.”

People Mean Country Enough Views Behinds Higher Economics Decided Theatre Uncomfortable Etc Promoting Korea Education System Higher Education

Author:Ha-Joon Chang

“Although being economics editor sounds impressive, it does not mean I actually edit anything. It mainly reflects two decades of title-inflation at the BBC, which has given ever more status to senior reporters, presumably because it is cheaper to do that than to offer higher pay.”

Mean Doe Two Given Sound Pay Higher Offers Economics Decades Titles Editors Reporters Senior Inflation Impressive Edits Cheaper

Author:Evan Davis