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Economics Quotes

“Globalization and the neoliberal economic model have already been rejected in Latin America; it simply hasn't been a solution for our people. At the same time, Latin countries like Venezuela and Argentina are anti-imperialist and anti-globalization, and yet their economies are growing again.”

PeopleCountryAmericaPoliticalEconomyGrowingEconomicPoliticianModelsSolutionsEconomicsRejectionRejectsLatinRejectedImperialismGlobalizationLatin AmericaArgentinaProblems And SolutionsVenezuelaNeoliberalismEconomic ModelsEconomic Globalization
Author:Evo Morales
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“Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”

IfsHumorGovernmentMovingPoliticalPoliticsPresidentFreedomViewsLibertyEconomyEconomicMilitaryPoliticianTaxesEconomicsConservativeLibertarianSocialismCommunismPresidentialWelfarePhrasesLiberalismPatrioticLibertarianismTaxationKeep MovingFreedom And LibertyIncome TaxFreedom LibertyProperty RightsLimited GovernmentBig GovernmentSubsidiesAmerican GovernmentFree GovernmentGovernment SpendingLimited FreedomPolitical WillUs PresidentPolitical ViewGreat LibertarianTax DayAmerican EconomyAmerica FreedomGreat Veterans DayRepublican GovernmentGovernment And SocietyTaxes FunnyGreat PoliticalEconomy And EconomicsStrong EconomyFuture Of AmericaBest PoliticalGreat ConservativeGovernment And BusinessGovernment WelfareRussian Economy
Author:Ronald Reagan
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“If you think health care is expensive now, wait until you see what it costs when it's free.”

IfsThinkingInspirationalHumorCarePoliticalWaitingLibertyCostEconomicsLibertarianCommunismHealth CareLiberalismExpensiveLibertarianismFreedom And LibertyFreedom LibertyLaissez FaireLibertarian PartyEconomic FreedomLimited FreedomGreat Libertarian
Book:Age and Guile Beat Youth, Innocence, and a Bad Haircut
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“Economic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power is exercised by means of a negative, by the threat of punishment, injury, imprisonment, destruction. The businessman's tool is values; the bureaucrat's tool is fear.”

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Book:The Ayn Rand Lexicon: Objectivism from A to Z
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“If the ordinary wage-earner worked four hours a day, there would be enough for everybody, and no unemployment — assuming a certain very moderate amount of sensible organization. This idea shocks the well-to-do, because they are convinced that the poor would not know how to use so much leisure.”

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Author:Bertrand Russell
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“America's abundance was created not by public sacrifices to the common good, but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes. They did not starve the people to pay for America's industrialization. They gave the people better jobs, higher wages, and cheaper goods with every new machine they invented, with every scientific discovery or technological advance- and thus the whole country was moving forward and profiting, not suffering, every step of the way.”

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Author:Ayn Rand
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“In raising the price of commodities, the rise of wages operates in the same manner as simple interest does in the accumulation of debt. Our merchants and master manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods, both at home and abroad. They say nothing concerning the bad effects of high profits; they are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.”

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Author:Adam Smith
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“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.”

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Author:E. F. Schumacher
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“People often of masterful intelligence, trained usually in law or economics or perhaps in political science, who have led their governments into disastrous decisions and miscalculations because they have no awareness whatever of the historical background, the cultural universe, of the foreign societies with which they have to deal.”

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Author:Michael Howard
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“The world has changed far more in the past 100 years than in any other century in history. The reason is not political or economic but technological-technologies that flowed directly from advances in basic science. Clearly, no scientist better represents those advances than Albert Einstein: TIME's Person of the Century.”

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Author:Stephen Hawking
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“No individual or private group or private organization has the legal power to initiate the use of physical force against other individuals or groups and to compel them to act against their own voluntary choice. Only a government holds that power. The nature of governmental action is: coercive action. The nature of political power is: the power to force obedience under threat of physical injury-the threat of property expropriation, imprisonment, or death.”

UseGovernmentActionPoliticalChoicesIndividualForceLibertyGroupsEconomicEconomicsOrganizationPropertyThreatObedienceInjuryPolitical PowerImprisonmentInitiatePhysical Force
Book:Capitalism: The Unknown Ideal
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“You know, if government were a product, selling it would be illegal. ... Government contains impure ingredients - as anybody who's looked at Congress can tell you. ... government practices deceptive advertising. And the merest glance at the federal budget is enough to convict the government of perjury, extortion, and fraud. ... in a nutshell: government should be against the law. Term limits aren't enough. We need jail.”

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Author:P. J. O'Rourke
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“Try this thought experiment. Pretend you're a tyrant. Among your many liberty-destroying objectives are extermination of blacks, Jews and Catholics. Which would you prefer, a United States with political power centralized in Washington, powerful government agencies with detailed information on Americans and compliant states or power widely dispersed over 50 states, thousands of local jurisdictions and a limited federal government?”

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Author:Walter E. Williams
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“Ever since its founding in 1913, the Fed has described itself as an "independent" agency operated by selfless public servants striving to "fine-tune" the economy through monetary policy. In reality, however, a non-political governmental institution is as likely as a barking cat.”

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Author:Thomas DiLorenzo
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“When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union - like public housing in the United States - look decrepit within a year or two of their construction.”

YearsLooksTwoStatesPoliticalPoliticsInterestUnitedUnited StatesConditionsBuildingEconomicsDirectUnionsSovietConstructionImprovingSoviet UnionHousingMaintainingDecrepitPublic Housing
Book:Free to Choose: A Personal Statement
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