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Economics Quotes

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Economics Quotes

“Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.”

Mind Audience Economy Subjects Blessing Economics Ears Response Ill Boredom Topics Cliche

Author:John Kenneth Galbraith

“I know there's similar dissatisfaction in America. There's a lot of white people who come from blue collar backgrounds and who feel ill-equipped and badly served by modern economics and the modern job market.”

People Knows Feels Jobs America White Modern Economics Blue Ill Backgrounds Dissatisfaction Collars Blue Collar

Author:Dylan Moran

“Ill fares the land, to hastening ills a prey, Where wealth accumulates, and men decay.”

Men Wealth Land Economics Ill Inequality Decay Prey Stoops

Author:Oliver Goldsmith

“No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics is to foretell the remoter effects, and so to allow us to avoid such acts as attempt to remedy a present ill by sowing the seeds of a much greater ill for the future.”

Liberty Greater Economic Effects Needed Economics Tasks Ill Seeds Remedy Very Deep Grasping Sowing

Book:The Theory of Money and Credit

Source: The Theory of Money and Credit

“The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are not the outcome of the operation of the free market. They are on the contrary the result of well-intentioned but ill-advised government interference with the market.”

Source: Middle of the Road Policy Leads to Socialism

“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

“Political Economy, in truth, has never pretended to give advice to mankind with no lights but its own; though people who knew nothing but political economy (and therefore knew it ill) have taken upon themselves to advise, and could only do so by such lights as they had.”

People Giving Light Political Economy Taken Advice Mankind Economics Ill Advise Political Economy

Book:Autobiography of John Stuart Mill

Source: Autobiography of John Stuart Mill