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Economics Quotes

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Economics Quotes

“The idea [the government's 'You Win' campaign] is that instead of young people in Nigeria waiting to get employment, they should create their own jobs and employ their peers and employ other people.”

People Should Ideas Government Jobs Young Winning Waiting Economics Campaigns Employment Peers Nigeria

Author:Ngozi Okonjo-Iweala

“Is there no virtue among us? If there be not, we are in a wretched situation. No theoretical checks-no form of government can render us secure. To suppose that any form of government will secure liberty or happiness without any virtue in the people, is a chimerical idea, if there be sufficient virtue and intelligence in the community, it will be exercised in the selection of these men. So that we do not depend on their virtue, or put confidence in our rulers, but in the people who are to choose them.”

Source: James Madison's

“Having colleagues nearby, whether at the beach or in a crypt, means the ideas are always flowing”

Mean Ideas Business Economics Management Beach Colleagues

Author:Richard Branson

“If you wish to find, you must search. Rarely does a good idea interrupt you”

Ifs Doe Ideas Motivation Wish Business Economics Management Good Ideas

Author:Jim Rohn

“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”

People Ideas Happens Business Economy Growing Seeing Skills Lows Resources Economics Management Things Happen Carbon Make Things Happen Technical Skills

Author:Tom DeLay

“Almost all systems of economic thought are premised on the idea of continued economic growth, which would be fine and dandy if we lived on an infinite planet, but there's this small, niggling, inconvenient fact that the planet is, in fact, finite, and that, unlike economic theory, it is governed by physical and biological reality”

Ifs Ideas Facts Reality Would Be Growth Business Economic Planets Theory Fine Economics Infinite Management Finite Economic Growth Inconvenient Economic Theory Dandy

Author:George Monbiot

“I think there are two areas where new ideas are terribly dangerous: economics and sex. By and large, it's all been tried, and if it's really new, it's probably illegal or dangerous or unhealthy.”

Ifs Thinking Love Two Ideas Sex Dangerous Areas Economics Illegal New Ideas Unhealthy

Author:Felix Rohatyn

“The only truly new ideas [the right] has come up with in the last twenty years are (1) supply side economics, which is a way of redistributing the wealth upward toward those who already have more than they know what to do with, and (2) creationism, which is a parallel idea for redistributing ignorance out from its fundamentalist strongholds to those who know more than they need to.”

Source: WORST YEARS OF OUR LIVES

“Our popular economics writers, however, are not in the business of giving their readers a ringside seat on the research action; with no exception I can think of, they use their books to do an end run around the normal structure of scholarship, to preach ideas that few serious economists share. Often, these ideas are not just at odds with the professional consensus; they are demonstrably wrong, and sometimes terminally silly. But they sound good to the unwary reader.”

“The shortcomings of economics are not original error but uncorrected obsolescence. The obsolescence has occurred because what is convenient has become sacrosanct. Anyone who attacks such ideas must seem to be a trifle self-confident and even aggressive. The man who makes his entry by leaning against an infirm door gets an unjustified reputation for violence. Something is to be attributed to the poor state of the door.”

Men Ideas Self States Seems Poor Violence Doors He Man Economics Originals Errors Reputation Aggressive Convenient Trifles Shortcomings Entry Self Confident Obsolescence Unjustified

Book:The affluent society

Source: The affluent society

“Taking a look back, one big reqret is, I left Harvard with no real awareness of the awful inequities in the world. The appalling disparities of health and wealth and opportunity that condemned millions of people to the lives of despair. I learned a lot here at Harvard about new ideas and economics, and politics. I got great exposure to the advances being made in the sciences. But humanities greatest advances are not in its discoveries, but in how those discoveries are applied to reduce inequity.”

People World Looks Made Ideas Real Bigs Humanity Opportunity Left Wealth Millions Awareness Despair Discovery Economics Awful New Ideas Exposure Harvard Disparity

Author:Bill Gates

“You must know the big ideas in the big disciplines, and use them routinely - all of them, not just a few. Most people are trained in one model - economics, for example - and try to solve all problems in one way. You know the old saying: to the man with a hammer, the world looks like a nail. This is a dumb way of handling problems.”

People Knows Men World Way Trying Looks Ideas Use Problem Bigs Example He Man Discipline Models Economics Solve One Way Dumb Nails Hammers Old Saying Big Ideas Handling Problems

Author:Charlie Munger

“In short, what the living wage is really about is not living standards, or even economics, but morality. Its advocates are basically opposed to the idea that wages are a market price-determined by supply and demand, the same as the price of apples or coal. And it is for that reason, rather than the practical details, that the broader political movement of which the demand for a living wage is the leading edge is ultimately doomed to failure: For the amorality of the market economy is part of its essence, and cannot be legislated away.”