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Economics Quotes

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Economics Quotes

“My principal work now lies in tracing out the exact nature and conditions of utility. It seems strange indeed that economists have not bestowed more minute attention on a subject which doubtless furnishes the true key to the problems of economics.”

Problem Seems Lying Attention Minutes Conditions Subjects Strange Keys Economics Principal Economist Utility Tracing

Book:The Theory of Political Economy

Source: The Theory of Political Economy

“In the field of economics we maintain to this day some of the most primitive ideas, some of the most radically false ideas, some of the most absurd ideas a brain can hold. ... but all this give no uneasiness to the average brain. That long-suffering organ has been trained for more thousands of years than history can uncover to hold in unquestioning patience great blocks of irrelevant idiocy and large active lies.”

“the principal sources of human misery may fairly be said to lie in the over-possession, under-possession, and the unwise use of economic goods.”

Humans May Said Use Lying Economic Source Economics Misery Possession Goods Principal Unwise

Author:Georgia Harkness

“I don't think all the blame lies with Wall Street. I think a lot of the blame lies with the [George W.] Bush administration. They went back to trickle-down economics. They took their eye off the mortgage market, they took their eye off the finance markets, and we ended up in a big mess.”

Thinking Bigs Eye Lying Streets Wall Economics Blame Finance Mess Administration Mortgage Trickle Down Trickle Down Economics

Author:Hillary Clinton

“Governments constantly choose between telling lies and fighting wars, with the end result always being the same. One will always lead to the other.”

War Ends Government Lying Fighting Peace Results Economics Anti War Antiwar Peace War Great War End Results Telling Lies Anti Government

Author:Thomas Jefferson

“I write for one and only one purpose, to overcome the invincible ignorance of the traduced heart. I wish to speak to and for those who have had enough of the Social Lie, the Economics of Mass Murder, the Sexual Hoax, and the Domestication of Conspicuous Consumption.”

Writing Heart Enough Lying Purpose Speak Wish Social Ignorance Mass Economics Overcoming Murder Consumption Invincible Had Enough Hoaxes Conspicuous Consumption

Author:Kenneth Rexroth

“Justification for infidelity and dishonesty in all their manifestations lies in the marginal cost economics of “just this once.”

Lying Cost Economics Manifestation Justification Infidelity Dishonesty

Book:Harvard Business Review Leadership Library: The Executive Collection (12 Books)

Source: Harvard Business Review Leadership Library: The Executive Collection (12 Books)

“Economic development is something much wider and deeper than economics, let alone econometrics. Its roots lie outside the economic sphere, in education, organisation, discipline and, beyond that, in political independence and a national consciousness of self-reliance.”

“It is not a zero sum game. The simple idea of the gains from trade lies at the heart of the modern and the ancient economy, not the power of capital. There is nothing else to it.”

Heart Ideas Lying Games Simple Economy Modern Gains Economics Trade Ancient Zero Simple Ideas Zero Sum Game

Author:Matt Ridley

“Government is instituted to protect property of every sort; as well that which lies in the various rights of individuals, as that which the term particularly expresses. This being the end of government, that alone is a just government which impartially secures to every man whatever is his own.”

Source: Selected Writings of James Madison

“How can wealth persuade poverty to use its political freedom to keep wealth in power? Here lies the whole art of Conservative politics in the twentieth century.”

Art Whole Use Political Lying Wealth Poverty Century Economics Conservative Twentieth Century Political Freedom

Author:Aneurin Bevan

“The chief value of the rule lies in preventing an immediate and obvious but inferior good from replacing a longer-range, less obvious but superior one.”

Philosophy Political Lying Values Economics Obvious Superiors Chiefs Range Inferiors Preventing

Author:Ralph Raico