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Economics Quotes

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Economics Quotes

“... what we should be looking for is fresh ideas of how we make moral decisions about our dealings with one another, economic, social, cultural. Economic determinism is an objectionable creed where men and women espouse it in its communist or capitalist form because it treats human beings as economic units and not as responsible persons.”

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Author:Davis McCaughey
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“The solution was eventually found by Johannes Gutenberg, who made the breakthrough that finally established printing as the communication technology of the future. Similar ideas may have been under development around the same time in Prague and Haarlem. But in business, the key question is not about who else is in the race, it's about who gets there first. Johannes Gutenberg was the first to make the new technology work, ensuring his place in any history of the human race.”

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Author:Alister E. McGrath
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“Darwin's greatest achievement was to show that the appearance of purpose, planning, teleology (design), and intentionality in the origin and development of human and animal species was entirely an illusion. The illusion could be explained by evolutionary processes that contained no such purpose at all. But the spread of ideas through imitation required the whole apparatus of human consciousness and intentionality”

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Author:John Searle
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“In a high tech world the cure for the tragic shortcomings and perilous fallacies of human intuition is education, but education in economics, evolutionary biology, probability and statistics - unfortunately most High School and College curricula have barely changed since Medieval times!”

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Author:Steven Pinker
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“Liberalism is, in fact, the ideology of the capitalist revolution that prodigiously raised the living standards of the mass of people; a doctrine gradually elaborated over several centuries, which offered a new concept of social order, encompassing freedom in the only form suited to the modern world. Step by step, in practice and theory, the various sectors of human activity were withdrawn from the jurisdiction of coercive authority and given over to the voluntary action of self-regulating society.”

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Author:Ralph Raico
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“The dominant propaganda systems have appropriated the term "globalization" to refer to the specific version of international economic integration that they favor, which privileges the rights of investors and lenders, those of people being incidental. In accord with this usage, those who favor a different form of international integration, which privileges the rights of human beings, become "anti-globalist."”

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Author:Noam Chomsky
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“Political economy regards the proletarian like a horse, he must receive enough to enable him to work. It does not consider him, during the time when he is not working, as a human being. It leaves this to criminal law, doctors, religion, statistical tables, politics, and the beadle.”

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Book:Early Writings
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“It is particularly odd that economists who profess to be champions of a free-market economy, should go to such twists and turns to avoid facing the plain fact: that gold, that scarce and valuable market-produced metal, has always been, and will continue to be, by far the best money for human society.”

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Author:Murray Rothbard
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“We are enjoying in Africa what I call the democracy dividend. The progress we are seeing, economic development are all part of the dividend of good governance, respect for human rights, rule of law. It has created an enabling environment that allows not only foreigners to come in and invest but for Ghanaians to invest. It has created an atmosphere for our young people to be creative, innovative”

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Author:John Dramani Mahama
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“Money must serve, not rule! The Pope loves everyone, rich and poor alike, but he is obliged in the name of Christ to remind all that the rich must help, respect and promote the poor. I exhort you to generous solidarity and a return of economics and finance to an ethical approach which favours human beings.”

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Author:Pope Francis
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“Republicans don't have to accept evolution, economics, climatology, or human sexuality, but I just watched a week of their national convention, and I need them to admit the historical existence of George W. Bush. If your party can run the nation for eight years and then have a national convention and not invite Bush, Cheney, Rumsfeld, Colin Powell, Karl Rove, or Tom DeLay, you're not a political movement, you're the witness protection program.”

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Author:Bill Maher
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“Cultural diversity and cultural change are desirable and inevitable. We are cultural animals, someone without a culture is not human. But the cultures we possess vary enormously. Indeed, the variability, over time and space is the great evolutionary advantage of humanity. Instead of changing biologically over millennia, human beings can change culturally over decades”

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Author:Martin Wolf
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“What would it mean if there were a theory that explained everything? And just what does "everything" actually mean, anyway? Would this new theory in physics explain, say the meaning of human poetry? Or how economics work? Or the stages of psychosexual development? Can this new physics explain the currents of ecosystems, or the dynamics of history, or why human wars are so terribly common?”

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Book:A Theory of Everything: An Integral Vision for Business, Politics, Science and Spirituality
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“Science is the only news. When you scan a news portal or magazine, all the human interest stuff is the same old he-said-she-said, the politics and economics the same cyclical dramas, the fashions a pathetic illusion of newness; even the technology is predictable if you know the science behind it. Human nature doesn't change much; science does, and the change accrues, altering the world irreversibly”

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Author:Stewart Brand
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“Put simply, behavioural economics argues that human beings' decision-taking is guided by the evolutionary baggage which we bring with us to the present day. Evolution has made us rational to a point, but not perfectly so. It has given us emotions, for example, which programme us to override our rational brain and act more instinctively.”

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Author:Evan Davis
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“Early ecologists soon realised that, since humans are organisms, ecology should include the study of the relationship between humans and the rest of the biosphere. ... We don't often tend to think about the social sciences (history, economics and politics) as subcategories of ecology. But since people are organisms, it is apparent that we must first understand the principles of ecology if we are to make sense of the events in the human world.”

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Author:Richard Heinberg
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“Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of man's human existence.”

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Book:Human action: a treatise on economics
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“The main achievement of economics is that it has provided a theory of peaceful human cooperation. This is why the harbingers of violent conflict have branded it as a dismal science and why this age of wars, civil wars, and destruction has no use for it.”

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Book:Economic freedom and interventionism: an anthology of articles and essays
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“This is why moral uneasiness is destined to become even more acute. It is obvious that a fundamental defect, or rather a series of defects, indeed a defective machinery is at the root of contemporary economics and materialistic civilization, which does not allow the human family to break free from such radically unjust situations.”

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Book:The Encyclicals of John Paul II
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“When the study of the household (ecology) and the management of the household (economics) can be merged, and when ethics can be extended to include environmental as well as human values, then we can be optimistic about the future of humankind. Accordingly, bringing together these three ‘E's' is the ultimate holism and the great challenge for our future.”

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Book:Ecology and our endangered life-support systems
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“One of the anomalies of modern ecology is the creation of two groups, each of which seems barely aware of the existence of the other. The one studies the human community, almost as if it were a separate entity, and calls its findings sociology, economics and history. The other studies the plant and animal community and comfortably relegates the hodge-podge of politics to the liberal arts. The inevitable fusion of these two lines of thought will, perhaps, constitute the outstanding advance of this century.”

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Book:Aldo Leopold: A Sand County Almanac & Other Writings on Conservation and Ecology: (Library of America #238)
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