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Economics Quotes

Browse 2895 quotes about Economics.

Economics Quotes

“Entrepreneurial creation is the generation, de novo, of novelty and surprise- freedom of choice originating in the world of ideas, and imagination beyond all concern with chemicals. The contrary view- that all ideas are determined by material relationships- is the materialist superstition.”

World Ideas Choices Imagination Views Generations Creation Materials Concern Economics Surprise Determined Contrary Chemicals Superstitions Novelty Entrepreneurial Freedom Of Choice

Book:Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

“We must seek support in the moral values that have ensured the progress of our civilization. Honesty and hard work, responsibility and faith in our strength are bound to bring us success. There should be no place for despondency. The crisis can and must be fought by uniting our intellectual, spiritual and material resources.”

“[A] private property regime makes people responsible for their own actions in the realm of material goods. Such a system therefore ensures that people experience the consequences of their own acts. Property sets up fences, but it also surrounds us with mirrors, reflecting back upon us the consequences of our own behavior.”

People Action Materials Behavior Consequence Economics Responsible Mirrors Property Realms Goods Surround Regimes Fence Reflecting Private Property Reflecting Back

Author:Tom Bethell

“Economics is sometimes associated with the study and defense of selfishness and material inequality, but it has an egalitarian and civil libertarian core that should be celebrated.”

Should Sometimes Study Materials Economics Defense Libertarian Core Inequality Selfishness

Author:Tyler Cowen

“A claim for equality of material position can be met only by a government with totalitarian powers.”

Government Liberty Economic Position Materials Mets Economics Claims Equality Free Government Totalitarian Regimes Economic Equality Totalitarian Government

Author:Friedrich August von Hayek

“There is a deeper truth expressed in the unity of the United States. Implicate in the union of our country is the union of all people. All people are essentially one. The world is interconnected not only on the material level of economics, trade, communication, and transportation, but innerconnected through human consciousness, through the human heart, through the heart of the world, through the simply expressed impulse and yearning to be and to breathe free.”

“Economic development over the past two centuries has taken most of humanity from lives that were brutal, ignorant and short, to personal health and security, material comfort and knowledge that were unknown to the elites of the wealthiest and most powerful societies in earlier times.”

“Not mythical material productive forces, but reason and ideas determine the course of human affairs. What is needed to stop the trend toward socialism and despotism is common-sense and moral courage.”

Humans Ideas Reason Courses Force Common Liberty Moral Economic Materials Needed Economics Affair Determine Socialism Common Sense Productive Trends Despotism Moral Courage

Book:Planned Chaos

Source: Planned Chaos

“Without an acquaintance with chemistry, the statesman must remain a stranger to the true vital interests of the state, to the means of its organic development and improvement; ... The highest economic or material interests of a country, the increased and more profitable production of food for man and animals, ... are most closely linked with the advancement and diffusion of the natural sciences, especially of chemistry.”

Source: Familiar Letters on Chemistry, in its relation to Physiology, Dietetics, Agriculture, Commerce and Political Economy: Edited by John Blyth

“Human material existence is limited by ideas, not stuff, people don't need copper wires they need ways to communicate, oil was a contaminant, then it became a fuel”

People Way Needs Humans Ideas Stuff Existence Materials Economics Communicate Oil Fuel Wire Copper

Author:Paul Romer

“The general struggle for existence of animate beings is not a struggle for raw materials, these for organisms are air water & soil, all abundantly available, nor for energy which exists in plenty in the sun and any hot body in the form of heat, but rather a struggle for entropy, which becomes available through the transition of energy from the hot sun to the cold earth.”

“Economics is not about things and tangible material objects; it is about men, their meanings and actions.”

Men Motivational Action Success Motivation Economy Objects Materials Economics Tangible

Book:Human action: a treatise on economics

Source: Human action: a treatise on economics

“The real wealth of a nation is its people. And the purpose of development is to create an enabling environment for people to enjoy long, healthy, and creative lives. This simple but powerful truth is too often forgotten in the pursuit of material and financial wealth.”

“I have tried to put myself in the position of someone seeing economics for the first time. My goal is to emphasize the material that students should and do find interesting about the study of the economy.”

Should Firsts Goal Interesting Economy Study Seeing Position Students Materials First Time Economics

Author:Greg Mankiw