Best economics & known Quotes | Short & Famous Sayings

“Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry.”

Source: Contributions to Modern Economics

“Human well-being is not a random phenomenon. It depends on many factors - ranging from genetics and neurobiology to sociology and economics. But, clearly, there are scientific truths to be known about how we can flourish in this world. Wherever we can have an impact on the well-being of others, questions of morality apply.”

World Humans Wells Known Economic This World Depends Morality Economics Impact Factors Well Being Phenomenon Sociology Genetics Scientific Truth Neurobiology

Author:Sam Harris

“It is a well known and very important fact that America's founding fathers did not like taxation without representation. It is a lesser known and equally important fact that they did not much like taxation with representation.”

Wells Important Facts America Father Known Economics Representation Well Known Founding Taxation Taxation Without Representation Lesser Known

Author:John Kenneth Galbraith

“Life is full of uncertainties. Future investment earnings and interest and inflation rates are not known to anybody. However, I can guarantee you one thing.. those who put an investment program in place will have a lot more money when they come to retire than those who never get around to it.”

Life I Can Life Is Interest Business Known One Thing Program Economics Investment Rate Planning Uncertainty Guarantees Retiring More Money Earning Inflation

Book:Making Money Made Simple: The Aim of This Book Is to Cover the Essentials of Money, Investment, Borrowing and Personal Finance in a Simple Way

Source: Making Money Made Simple: The Aim of This Book Is to Cover the Essentials of Money, Investment, Borrowing and Personal Finance in a Simple Way

“I have never known much good done by those who affected to trade for the public good.”

Done Government Known Economics Trade Investing Affected Public Good Invisible Hand Wealth Of Nations Economic Order

Author:Adam Smith

“We have always known that heedless self interest was bad morals, we now know that it is bad economics.”

Knows Self Interest Business Known Moral Economics Greed Self Interest

Author:Franklin D. Roosevelt

“Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.”

“Unlike physics, for example, such parts of the bare bones of economic theory as are expressible in mathematical form are extremely easy compared with the economic interpretation of the complex and incompletely known facts of experience, and lead one a very little way towards establishing useful results.”

Way Littles Facts Form Easy Results Known Economic Example Theory Economics Complexes Bones Physics Mathematical Interpretation Economic Theory

Book:The Collected Writings of John Maynard Keynes: Essays in biography

Source: The Collected Writings of John Maynard Keynes: Essays in biography

“Even as a young man, Vito Corleone became known as a "man of reasonableness." He never uttered a threat. He always used logic that proved to be irresistible. He always made certain that the other fellow got his share of profit. Nobody lost. He did this, of course, by obvious means. Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.”

“Next to bombing, rent control is the most effective technique so far known for destroying cities.”

Next Cities Known Economics Technique Destroying Bombing Rent Control

Author:Assar Lindbeck

“Any allegation of runaway capitalism has to be tempered by the observation that today we have the largest public sectors and the highest taxes the world has ever known.”

World Philosophy Today Political Known Taxes Highest Capitalism Economics Observation Runaway Public Sector Allegations

Author:Johan Norberg

“History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them.”

Shows Force Interest Known Economic Victory Conflict Ethics Economics Sufficient Vested Interests

Author:B. R. Ambedkar

“It doesn't matter what business you're in. It is the people who achieve things, not capital, and the great advantage for us is that I think women have always known this.”

People Thinking Matter Women Business Known Achieve Advantage Economics

Author:Janet Holmes a Court

“We have always known that heedless self-interest was bad morals; we know now that it is bad economics. Out of the collapse of a prosperity whose builders boasted their practicality has come the conviction that in the long run economic morality pays.”

Knows Long Self Running Political Interest Pay Known Moral Economic Morality Economics Prosperity Conviction Collapse Long Runs Self Interest Builder Practicality

Book:The Essential Franklin Delano Roosevelt

Source: The Essential Franklin Delano Roosevelt

“Well, I think first of all, probably the most fundamental thing is that we are a mixed-signal analog semiconductor company, which, along with some of the other well-known names in the industry, enjoys very good economics.”

Thinking Firsts Wells Names Enjoy Company Known Industry Economics Fundamentals Very Good Well Known Signals Analog Semiconductors

Author:David Milne

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