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Economics Quotes

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Economics Quotes

“I proceeded to prove everybody right as to how bad an economics student I was by failing as an assistant manager in every theatre I went to that hired me, both as an assistant manager and as an actor. I lost money and tickets, and I couldn't keep track of anything. So eventually they fired me from assistant-manager jobs, but kept me on as an actor.”

Jobs Actors Lost Failing Students Prove Economics Track Theatre Managers Tickets Assistants Lost Money

Author:William Shatner

“The economics of television syndication and DVD sales mean that there's a tremendous financial pressure to make programs that can be watched multiple times, revealing new nuances and shadings on the third viewing. Meanwhile, the Web has created a forum for annotation and commentary that allows more complicated shows to prosper, thanks to the fan sites where each episode of shows like 'Lost' or 'Alias' is dissected with an intensity usually reserved for Talmud scholars.”

“At least half of the popular fallacies about economics come from assuming that economic activity is a zero-sum game, in which what is gained by someone is lost by someone else. But transactions would not continue unless both sides gained, whether in international trade, employment, or renting an apartment.”

Games Lost Sides Half Economic Activity Economics Trade Assuming International Employment Zero Apartment Both Sides Fallacy Transactions International Trade Zero Sum Game

Author:Thomas Sowell

“Everyone's lost a lot of money on their 401k plans. I've heard some people calling them 201k plans. So it's even more important to get people to be saving more for retirement. Behavioral economics has helped us learn a lot about how to do that.”

People Important Lost Plans Heard Calling Economics Saving Retirement Lots Of Money Behavioral Economics

Author:Richard Thaler

“More business is lost every year through neglect than through any other cause.”

Years Reality Lost Causes Business Economics Management Educational Neglect Lost Friendship Lost Cause

Author:Rose Kennedy

“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.”

“To stick to the present situation would be something like a man who was observed in Times Square looking earnestly along the pavement. He was asked what he was looking for. He said "I lost my watch."”

Men Said Would Be Lost Situation Watches Economics Sticks Squares Pavement Times Square Present Situation

Author:William Vickrey

“Moral principles have lost their distinctiveness. For modern man, absolute right and absolute wrong are a matter of what the majority is doing.”

Men Matter Lost Moral Principles Modern Economics Absolutes Majority Modern Man Moral Principles

Book:A Gift of Love: Sermons from Strength to Love and Other Preachings

Source: A Gift of Love: Sermons from Strength to Love and Other Preachings

“What must never be lost sight of is that a public functionary, in his capacity as functionary, produces absolutely nothing; that, on the contrary, he exists only on the products of the industrious class; and that he can consume nothing that has not been taken from the producers.”

Philosophy Political Lost Class Taken Produce Products Capacity Economics Sight Contrary Producers Absolutely Nothing Industrious

Author:Charles Dunoyer

“It should be possible to emphasize to students that the level of employment is a macroeconomic issue, depending in the short run on aggregate demand and depending in the long run on the natural rate of unemployment, with microeconomic policies like tariffs having little net effect. Trade policy should be debated in terms of its impact on efficiency, not in terms of phoney numbers about jobs created or lost.”

“We have lost sight of the dependence we have on nature in economics”

Lost Nature Environment Economics Sight Dependence Natural Environment

Author:Tony Juniper

“A sound man is good at salvage, at seeing nothing is lost”

Men Lost Sound Business Seeing Economics Management Salvage

Author:Laozi

“Americans need to understand that they have lost their country. The rest of the world needs to recognize that Washington is not merely the most complete police state since Stalinism, but also a threat to the entire world. The hubris and arrogance of Washington, combined with Washington's huge supply of weapons of mass destruction, make Washington the greatest threat that has ever existed to all life on the planet. Washington is the enemy of all humanity.”

“Economics, as it is often taught today, portrays us as homo economicus-someone who doesn't vote in presidential elections, doesn't return lost wallets, and doesn't leave tips when dining out of town. Julie Nelson reminds us that most people aren't really like that. She helps point the way to a richer, more descriptive way of thinking about economic life.”

People Thinking Way Helping Today Lost Economic Taught Return Economics Vote Towns Election Presidential Way Of Thinking Dining Nelson Wallets Presidential Election Dining Out

Author:Robert H. Frank