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Economics Quotes

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Economics Quotes

“A tax is always a sacrifice which the government demands of individuals.While it only lessens every one's personal eǌoyments, it only shifts expenses from one to another.But when it encroaches on productive consumption it diminishes public riches.”

Philosophy Government Political Individual Sacrifice Demand Taxes Economics Riches Productive Expenses Consumption Diminish

Author:Antoine Destutt de Tracy

“Government, on their part, are much disposed to favor the establishment of these large companies, and to give them privileges to the detriment of their rivals, and of the public, with the expectation of receiving from them loans, either gratuitous or at a low rate which these never refuse. It is thus that the one sells its protection and the other buys it; and this is already a very great evil.”

“Roughly speaking, I think it's accurate to say that a corporate elite of managers and owners governs the economy and the political system as well, at least in very large measure.”

Thinking Wells Political Economy Economics Managers Corporate Owners Elites Accurate Political Systems

Book:Chomsky on Democracy and Education

Source: Chomsky on Democracy and Education

“Political economy regards the proletarian like a horse, he must receive enough to enable him to work. It does not consider him, during the time when he is not working, as a human being. It leaves this to criminal law, doctors, religion, statistical tables, politics, and the beadle.”

Source: Early Writings

“Majority of the African countries are now enjoying stable governance. Before you talk about economic growth, political stability is key.”

Country Political Enjoy Growth Economic Keys Economics Majority Stability Stable Governance Economic Growth

Author:Goodluck Jonathan

“Is there no virtue among us? If there be not, we are in a wretched situation. No theoretical checks-no form of government can render us secure. To suppose that any form of government will secure liberty or happiness without any virtue in the people, is a chimerical idea, if there be sufficient virtue and intelligence in the community, it will be exercised in the selection of these men. So that we do not depend on their virtue, or put confidence in our rulers, but in the people who are to choose them.”

Source: James Madison's

“Unemployment is down, confidence is up, DOW 5,000 above Bush - or as Republicans put it, let's talk about gay people and abortion!”

People America Political Politics Economic Confidence Republican Gay Economics Usa Abortion Lgbt Unemployment Gay People Funny Political

Author:Bill Maher

“Republicans don't have to accept evolution, economics, climatology, or human sexuality, but I just watched a week of their national convention, and I need them to admit the historical existence of George W. Bush. If your party can run the nation for eight years and then have a national convention and not invite Bush, Cheney, Rumsfeld, Colin Powell, Karl Rove, or Tom DeLay, you're not a political movement, you're the witness protection program.”

“By government giveaway programs, individuals are often hurt far more than they are helped. The recipients of these programs become dependent on the government and their dignity is destroyed. Is it compassionate to enslave more and more people by making them a part of the government dependency cycle? I think compassion should be measured by how many people no longer need it. Helping people to become self-sufficient is much more compassionate than drugging them with the narcotic of welfare.”

“Millions of individuals making their own decisions in the marketplace will always allocate resources better than any centralized government planning process.”

Government Political Politics Individual Process Decision Millions Resources Economics Conservative Planning Presidential Marketplace Centralized Government

Book:Ronald Reagan

Source: Ronald Reagan

“Market forces have no intrinsically moral direction, which is why, before he wrote The Wealth of Nations, Adam Smith wrote The Theory of Moral Sentiments. Ethics should precede economics. But it doesn't have to. . . . We know this because we've seen the results of capitalism without conscience: the pollution of the air we breathe, the water we drink, and the food we eat; the endangerment of workers; and the sale of dangerous products - from cars to toys to drugs. All in pursuit of ever-greater profits.”

“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

“The only truly new ideas [the right] has come up with in the last twenty years are (1) supply side economics, which is a way of redistributing the wealth upward toward those who already have more than they know what to do with, and (2) creationism, which is a parallel idea for redistributing ignorance out from its fundamentalist strongholds to those who know more than they need to.”

Source: WORST YEARS OF OUR LIVES

“Politics, as any observer of the modern world knows, is the enemy of economics, everywhere and always.”

Knows World Political Enemy Modern Economics Observers Modern World Anti Political

Book:We Are Doomed: Reclaiming Conservative Pessimism

Source: We Are Doomed: Reclaiming Conservative Pessimism

“A rising tide (in the economy) lifts all boats.”

Political Politics Economy Economics Conservative Boat Lifts Rising Tides

Author:John F. Kennedy

“Yet the basic fact remains: every regulation represents a restriction of liberty, every regulation has a cost. That is why, like marriage (in the Prayer Book's words), regulation should not "be enterprised, nor taken in hand, unadvisedly, lightly, or wantonly"”

Should Book Facts Hands Political Politics Prayer Liberty Taken Cost Economics Remains Conservative Regulation Restriction

Author:Margaret Thatcher

“Freedom is messy. In free societies, people will fall through the cracks - drink too much, eat too much, buy unaffordable homes, fail to make prudent provision for health care, and much else. But the price of being relieved of all those tiresome choices by a benign paternal government is far too high. Big Government is the small option: it's the guarantee of smaller freedom, smaller homes, smaller cars, smaller opportunities, smaller lives.”

“Some years ago an excellent professor of economics told his class in his gravelly voice, 'If you pay me $50,000 a year to solve a problem, I damned sure ain't going to solve it.'”

Ifs Years Problem Political Voice Pay Class Years Ago Economics Solve Excellent Professors

Author:Charley Reese

“There is a small minority of well-educated people with relatively sensible views on economics, and an extremely tiny minority of economists with highly sensible views. Then there's everybody else. ... To win, a politician needs to please the median voter. It makes little difference if a few thousand economists think you a fool.”

People Ifs Thinking Needs Wells Littles Political Winning Differences Views Fool Politician Please Thousand Economics Tiny Educated Minorities Voters Sensible Economist Well Educated Median

Author:Bryan Caplan

“The close relationship between politics and economics is neither neutral nor coincidental. Large governments evolve through history in order to protect large accumulations of property and wealth.”

Government Political Order Wealth Protect Economics Property Evolve Accumulation Close Relationship Politics And Economics

Author:Michael Parenti

“I look in a right of property - on the right of individuals, to have and to own, for their own separate and selfish use and enjoyments, the produce of their own industry, with power freely to dispose of the whole of that in the manner most agreeable to themselves, as essential to the welfare and even to the continued existence of society.”

Looks Philosophy Whole Use Political Individual Existence Produce Industry Essentials Economics Property Selfish Welfare Enjoyment

Book:The Natural and Artificial Right of Property Contrasted. A Series of Letters Addressed, Without Permission, to H. Brougham, Esq., ... by the Author of

Source: The Natural and Artificial Right of Property Contrasted. A Series of Letters Addressed, Without Permission, to H. Brougham, Esq., ... by the Author of

“Movements have narratives. They tell stories, because they are not just about rearranging economics and politics. They also rearrange meaning. And they're not just about redistributing the goods. They're about figuring out what is good.”

Stories Political Change Society Movement Goodness Economics Determine Meaningful Narrative Goods Distribution Wordplay Rearranging

Author:Marshall Ganz

“The kind of people I myself represent in parliament; salary earners, shopkeepers, skilled artisans, professional men and women, farmers and so on, these are, in a political and economic sense, the middle class. They are for the most part unorganised and unselfconscious.”

People Men Kind Political Business Class Economic Middle Men And Women Economics Middle Class Farmers Parliament Salary Artisans Shopkeepers

Author:Robert Menzies

“Modern prophets say that our economics have failed us. No! It is not our economics which have failed; it is man who has failed-man who has forgotten God. Hence no manner of economic or political readjustment can possibly save our civilization; we can be saved only by a renovation of the inner man, only by a purging of our hearts and souls; for only by seeking first the Kingdom of God and His Justice will all these other things be added unto us.”

Men Firsts Heart Soul Political Justice Economic Modern Civilization Economics Forgotten Seeking Saved Kingdoms Prophet Kingdom Of God Heart And Soul Purging Renovation Godlessness

Author:Fulton J. Sheen

“In short, what the living wage is really about is not living standards, or even economics, but morality. Its advocates are basically opposed to the idea that wages are a market price-determined by supply and demand, the same as the price of apples or coal. And it is for that reason, rather than the practical details, that the broader political movement of which the demand for a living wage is the leading edge is ultimately doomed to failure: For the amorality of the market economy is part of its essence, and cannot be legislated away.”

“The vocabulary of the political left is fascinating. For example, it is considered to be 'materialistic' and 'greedy' to want to keep what you have earned. But it is 'idealistic' to want to take away what someone else has earned and spend it for your own political benefit or to feel good about yourself.”