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Economics Quotes

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Economics Quotes

“American influence in the world is certainly considerable, but the United States does not control, directly or indirectly, the politics and economics of other societies, as empires have always done, save for a few special cases that turn out to be the exceptions that prove the rule.”

World Doe States Done Turns United Cases United States Influence Special Prove Economics Empires Exception Politics And Economics

Book:The Case for Goliath: How America Acts as the World's Government in the

Source: The Case for Goliath: How America Acts as the World's Government in the

“'Murphys law of economic policy': Economists have the least influence on policy where they know the most and are most agreed; they have the most influence on policy where they know the least and disagree most vehemently.”

Knows Law Influence Economic Policy Economics Disagree Economist Economic Policy Murphys Law

Author:Alan Blinder

“I mean, these good folks are revolutionizing how businesses conduct their business. And, like them, I am very optimistic about our position in the world and about its influence on the United States. We're concerned about the short-term economic news, but long-term I'm optimistic. And so, I hope investors, you know - secondly, I hope investors hold investments for periods of time - that I've always found the best investments are those that you salt away based on economics.”

“...to many a mother's heart has come the disappointment of a loss of power, a limitation of influence when early manhood takes the boy from the home, or when even before that time, in school, or where he touches the great world and begins to be bewildered with its controversies, trade and economics and politics make their imprint even while his lips are dewy with his mother's kiss.”

World Heart Home School Mother Loss Boys Influence Son Kissing Economics Trade Lips Disappointment Limitation Manhood Controversy Bewildered Mother And Son

Author:Judith Ellen Foster

“Nothing is as fast as the speed of trust. Nothing is as fulfilling as a relationship of trust. Nothing is as inspiring as an offering of trust. Nothing is as profitable as the economics of trust. Nothing has more influence than a reputation of trust.”

Influence Economics Speed Reputation Offering Fulfilling Profitable

Author:Stephen Covey

“I really don't see any influence of my work on any artists. But I do think I've had an influence on drawings' being shown. I've had an influence on the economics of it.”

Thinking Artist Influence Economics Drawing

Author:Raymond Pettibon

“My clinical psychologist wife of 40 years has always had a close intellectual influence on me. When I was beginning to talk openly in the economics profession about irrationality in decision-making, I received a lot of criticism. Ginny would support my views and remind me that a whole other profession - psychology - studies people's irrational sides.”

“Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back”

Men Years Believe Voice Air Influence Authority Intellectual Economics Slave Practicals Academic Economist Madmen Frenzy Vested Interests

Author:John Maynard Keynes

“Lobbying' is the activity of attempting to influence legislation by privately influencing the legislators. It is the result and creation of a mixed economy-of government by pressure groups. Its methods range from mere social courtesies and cocktail-party or luncheon "friendships" to favors, threats, bribes, blackmail.”

Source: The Voice of Reason: Essays in Objectivist Thought

“We must first note that economic factors are taken into account in a world in which ignorance, prejudice, and mental confusion, encouraged rather than dispelled by the political organization, exert a strong influence on policy making.”

World Firsts Political Strong Taken Influence Economic Policy Ignorance Economics Organization Accounts Prejudice Notes Confusion Factors Policy Making

Author:Ronald Coase

“Some of the most serious fallacies of traditional economics have been due to confusion between optimum and equilibrium conditions; the apparent influence of Dr. Pangloss upon the development of economic thought is for the most part nothing but pure intellectual error.”

Has Beens Influence Economic Conditions Serious Development Pure Intellectual Economics Errors Dues Confusion Traditional Drs Equilibrium Fallacy Optimum

Author:Sir John Richard Hicks

“What really happens is that the gene pool becomes filled with genes that influence bodies in such a way that they behave 'as if' they made complex, if unconscious, cost/benefit calculations”

Ifs Way Made Body Happens Influence Cost Benefits Economics Filled Complexes Behave Unconscious Pool Genes Calculations

Author:Richard Dawkins

“There can be no autonomous agent with unitary interests called 'society' that exerts causal influence. This is a logical impossibility”

Interest Influence Economics Agents Logical Impossibility Autonomous

Author:David Buss

“The timing & characteristics of state intervention affect not only organizational tactics and strategies, but the content and definition of interest itself... Some scholars have directly stressed that state interventions create corporatist forms... the formation, let alone the political capabilities, of such purely socioeconomic phenomena as interest groups and classes depends in significant measure on the structures and activities of the very states the social actors, in turn, seek to influence.”

“Friedmans influence reaches far beyond the academic community and the world of economics. Rather than lock himself in an ivory tower, he has joined the fray to fight for the survival of this great country of ours.”

World Country Fighting Community Influence Survival Economics Academic Locks Towers Ivory Great Country Fray Ivory Tower

Author:William E. Simon