Best economics & increase Quotes | Short & Famous Sayings

“The State exists simply to promote and to protect the ordinary happiness of human beings in this life. A husband and wife chatting over a fire, a couple of friends having a game of darts in a pub, a man reading a book in his own room or digging in his own garden-that is what the State is there for. And unless they are helping to increase and prolong and protect such moments, all the laws, parliaments, armies, courts, police, economics, etc., are simply a waste of time.”

Source: Mere Christianity

“Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.”

“Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better.”

Ifs Way May War Wealth Principles Building Economics Increase Earthquakes Statesmen Pyramids

Book:General Theory Of Employment , Interest And Money

Source: General Theory Of Employment , Interest And Money

“Having taught economics courses at private vocational schools and universities, I have always had a problem with GNP as a yardstick of prosperity. GNP is improved by increases in questionable activities such as consumption of cigarettes and the production of weapons. Moreover, a substantial increase in car accidents will favorably affect GNP because more funerals, hospital visits, car repairs, and new car purchases will result.”

“As to the latter point - that by having a child in America you are somehow starving a child in Bangladesh - remember that agricultural economics is not a zero-sum game. Farmers want to make a living, so as demand increases, so does production. Not only that, but agricultural productivity has increased so rapidly that in some countries the government pays farmers not to plant crops in an effort to keep food prices from dropping.”

“Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it. ... Absolute misery grows while wealth increases.”

Grows Growth Wealth Poverty Economics Overcoming Increase Absolutes Misery Subjective

Book:The Second Crisis of Economic Theory: And Other Selected Papers from the American Economic Meeting, December 27-29, 1971

Source: The Second Crisis of Economic Theory: And Other Selected Papers from the American Economic Meeting, December 27-29, 1971

“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

“In a world in which the price of calculation continues to decrease rapidly, but the price of theorem proving continues to hold steady or increase, elementary economics indicates that we ought to spend a larger and larger fraction of our time on calculation.”

World Ought Prove Economics Increase Our Time Steady Calculations Fractions Decrease Theorems

Author:John Tukey

“Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.”

“As a school board member, I might have particular views about the ways we might increase the economics curriculum in a local high school, but I'm not sure I should mandate that for the entire country.”

Way Should Country Might School Views Particular Members High School Economics Increase Locals Boards Not Sure Curriculum Mandates School Board Board Members

Author:Zephyr Teachout

“What I did not know yet about hunger, but would find out over the next twenty-one years, was that brilliant theorists of economics do not find it worthwhile to spend time discussing issues of poverty and hunger. They believe that these will be resolved when general economic prosperity increases. These economists spend all their talents detailing the process of development and prosperity, but rarely reflect on the origin and development of poverty and hunger. A a result, poverty continues.”

“Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.”

Liberty Economic Economics Increase Symptoms Inflation

Author:Walter E. Williams

“It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics. Why? Because discrimination, poverty and ignorance restrict growth. We know that investments in education, infrastructure and scientific and technological research increase growth. They increase good jobs, and they create new wealth for all of us.”

“As the work progresses the careful reader will insert mental interrogation points here and there. He will find that his interest increases as the interrogation points become more frequent, and that it culminates where they are changed to marks of positive dissent. I venture to record the opinion that the value of the work reaches a maximum in a passage that is demonstrably incorrect.”

Values Interest Opinion Records Progress Changed Reader Economics Increase Mark Careful Passages Venture Maximum Here And There Dissent Insert Interrogation

Author:John Bates Clark

“Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of raising the natural rate of unemployment.”

Source: CourseSmart E-Book for Macroeconomics: A PDF-style E-Book

“Tax increases appear to have a very large sustained and highly significant negative impact on output. Since most of our exogenous tax changes are in fact reductions, the more intuitive way to express this result is that tax cuts have very large and persistent positive output effects”

Way Philosophy Facts Political Results Cutting Effects Taxes Negative Economics Increase Impact Significant Intuitive Persistent Reduction Tax Cuts Output Tax Increases

Author:Christina Romer

“In my judgment, we have to avoid, at all costs, tax increases. That would be the worst possible thing to do and will make a bad economy even worse. Beyond that, targeted tax relief should be expanded upon.”

Should Would Be Economy Worst Cost Taxes Judgment Economics Increase Things To Do Relief Tax Increases

Author:Meg Whitman

“In manufacturing, where mechanization and the use of chemical processes are much easier, it is easier to raise productivity than in services. In contrast, by their very nature, many service activities are inherently impervious to productivity increase without diluting the quality of the product.”

Use Process Quality Products Easier Activity Economics Increase Raises Productivity Chemicals Contrast Manufacturing Impervious Mechanization

Author:Ha-Joon Chang

“If a tax cut increases government revenues, you haven't cut taxes enough.”

Ifs Enough Government Politics Cutting Economic Havens Taxes Economics Increase Revenue Tax Cuts

Author:Milton Friedman

“But can we please stop insisting that if low-wage workers earn a little bit more, unemployment will skyrocket and the economy will collapse? There is no evidence for it. The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense.”

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