Home / Topics / Economics Quotes

Economics Quotes

Browse 2895 quotes about Economics.

Economics Quotes

“Pollution is nothing but the resources we are not harvesting. We allow them to disperse because we've been ignorant of their value.”

“I have been accused of being ignorant of economics (although I am the founder and Chairman of the Board of a company which publishes seven professional economic newsletters), of being ignorant of sociology (although I am trained in sociology and was C. Wright Mills' research assistant at Columbia), of being unable to use statistics (although I earned my living as a professional statistician for five years) and of ignoring political factors (although all my graduate training was in political science).”

Source: The New Psychohistory

“First of all, just because the Tea Party people appear to be generally uneducated, ignorant about the political process, ignorant about economics, confused about their own platform from the beginning, and indelicate when it comes to the craft of diplomacy, doesn't mean they're wrong.”

People Firsts Mean Political Process Party Economics Ignorant Crafts Tea Confused Platforms Diplomacy Tea Party Uneducated Educated And Uneducated

Author:Steven Van Zandt

“Inflation takes from the ignorant and gives to the well informed.”

Giving Wells Economics Ignorant Inflation

Book:Money dynamics for the new economy

Source: Money dynamics for the new economy

“We rarely hear, it has been said, of the combinations [that is, unions or colluding organizations] of masters, though frequently of those of workmen. But whoever imagines, upon this account, that masters rarely combine, is as ignorant of the world as of the subject. Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor above their actual price.”

World Has Beens Said Imagine Subjects Masters Economics Labor Organization Accounts Raises Constant Unions Ignorant Combination Uniforms Wages Workmen Tacit Wealth Of Nations

Author:Adam Smith

“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”

People States Political Liberty Opinion Economic Subjects Crime Ignorance Discipline Economics Libertarian Ignorant Loud Irresponsible

Author:Murray Rothbard

“Economic development over the past two centuries has taken most of humanity from lives that were brutal, ignorant and short, to personal health and security, material comfort and knowledge that were unknown to the elites of the wealthiest and most powerful societies in earlier times.”

“In keeping Americans ill-educated, ill-informed and constitutionally ignorant, the education establishment has been the politician's major and most faithful partner. It is in this sense that American education can be deemed a success.”

Has Beens Liberty Economic Politician Majors Economics Ill Partners Ignorant Educated Faithful Establishment American Education

Author:Walter E. Williams

“We are ignorant of what it is we do not know even though we know more than we can ever say”

Knows Ignorance Economics Ignorant

Author:G. L. S. Shackle