Best economics & productions Quotes | Short & Famous Sayings

“State intervention in economic production arises only when private initiative is lacking or insufficient, or when the political interests of the State are involved. This intervention may take the form of control, assistance or direct management.”

May States Form Political Interest Economic Involved Economics Direct Management Productions Arise Socialism Fascism Initiative Lacking Assistance Intervention Insufficient

Author:Benito Mussolini

“The difference between [socialism and fascism] is superficial and purely formal, but it is significant psychologically: it brings the authoritarian nature of a planned economy crudely into the open. The main characteristic of socialism (and of communism) is public ownership of the means of production, and, therefore, the abolition of private property. The right to property is the right of use and disposal. Under fascism, men retain the semblance or pretense of private property, but the government holds total power over its use and disposal.”

“Our anti-crisis policy is aimed at supporting domestic demand, providing social guarantees for the population, and creating new jobs. Like many countries, we have reduced production taxes, leaving money in the economy. We have optimised state spending.”

“To combat depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about; because we are suffering from a misdirection of production, we want to create further misdirection -- a procedure which can only lead to a much more severe crisis as soon as the credit expansion comes to an end.”

Want Mean Ends Suffering Evil Economics Crisis Productions Credit Cures Deception Combat Expansion Severe Banking Procedures Very Mean Misdirection

Author:Friedrich August von Hayek

“Having taught economics courses at private vocational schools and universities, I have always had a problem with GNP as a yardstick of prosperity. GNP is improved by increases in questionable activities such as consumption of cigarettes and the production of weapons. Moreover, a substantial increase in car accidents will favorably affect GNP because more funerals, hospital visits, car repairs, and new car purchases will result.”

“Unless we do change our whole way of thought about work, I do not think we shall ever escape from the appalling squirrel-cage of economic confusion in which we have been madly turning for the last three centuries or so, the cage in which we landed ourselves by acquiescing in a social system based upon Envy and Avarice. A society in which consumption has to be artificially stimulated in order to keep production going is a society founded on trash and waste.”

Thinking Way Has Beens Whole Lasts Order Three Social Work Economic Century Waste Economics Productions Envy Confusion Consumption Cages Trash Avarice Squirrels Social Systems

Author:Dorothy L. Sayers

“As to the latter point - that by having a child in America you are somehow starving a child in Bangladesh - remember that agricultural economics is not a zero-sum game. Farmers want to make a living, so as demand increases, so does production. Not only that, but agricultural productivity has increased so rapidly that in some countries the government pays farmers not to plant crops in an effort to keep food prices from dropping.”

“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”

Wells Mean Faces Law Levels Plans Economic Higher Economics Increase Productions Consumption Laws Of Nature Higher Level

Author:Calvin Coolidge

“In the great depression, things could only be set right by causing the idle plant to work again . . . Roosevelt . . . spent billions of public money and created a huge public debt, but by so doing he revived production and brought his country out of the depression. Businessmen, who in spite of such a sharp lesson continued to believe in old-fashioned economics, were infinitely shocked, and although Roosevelt saved them from ruin, they continued to curse him and to speak of him as 'the madman in the White House.' . . . [It's one more] striking example of inability to learn from experience.”

“The production of too many useful things results in too many useless people.”

People Work Results Technology Computer Economics Philosophical Productions Invention Useless Unemployment Uselessness Useful Things Computer Technology Useless Things

Book:Marx's Concept of Man: Including 'Economic and Philosophical Manuscripts'

Source: Marx's Concept of Man: Including 'Economic and Philosophical Manuscripts'

“For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they are provided for.”

Men Differences Liberty Essentials Capitalism Economics Productions Socialism Capitalist Socialist

Book:Socialism - An Economic and Sociological Analysis: The Economist

Source: Socialism - An Economic and Sociological Analysis: The Economist

“The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they are supreme. But they are not. They are bound to obey unconditionally the captain's orders.”

“Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.”

Wells Mean Suffering Liberty Economic Economics Misery Productions Libertarian Compromise Well Being Libertarianism Ownership

Author:Ludwig von Mises

“The foundation of any and every civilization, including our own, is private ownership of the means of production. Whoever wishes to criticize modern civilization, therefore, begins with private property.”

Mean Wish Liberty Economic Modern Civilization Economics Foundation Property Including Productions Criticize Ownership Private Property Modern Civilization

Book:The free and prosperous commonwealth: an exposition of the ideas of classical liberalism

Source: The free and prosperous commonwealth: an exposition of the ideas of classical liberalism

“Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.”

“Unlike the Marxists, the Nazis did not advocate public ownership of the means of production. They did demand that the government oversee and run the nation's economy. The issue of legal ownership is secondary; what counts is the issue of control. Private citizens, therefore, may continue to hold titles to property-so long as the state res...erves to itself the unqualified right to regulate the use of their property.”

May Mean Long States Use Government Running Nations Liberty Economy Issues Economic Citizens Demand Economics Property Productions Titles Ownership Nazi Marxist Unqualified

Author:Leonard Peikoff

“It's no accident that capitalism has brought with it progress, not merely in production but also in knowledge. Egoism and competition are, alas, stronger forces than public spirit and sense of duty.”

Spirit Force Liberty Progress Duty Capitalism Economics Stronger Competition Productions Accidents Libertarian Libertarianism Alas Egoism

Book:The Albert Einstein Collection: Essays in Humanism, The Theory of Relativity, and The World As I See It

Source: The Albert Einstein Collection: Essays in Humanism, The Theory of Relativity, and The World As I See It

“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

“The socialism of centralised state control of industry and production, is dead. It misunderstood the nature and development of a modern market economy. It failed to recognise that the state and public sector can become a vested interest capable of oppression as much as the vested interests of wealth and capital. it was based on a false view of class that became too rigid to explain or illuminate the nature of class division today.”

Source: Tony Blair in His Own Words

“This dilettantish inability to comprehend the essential issues of the conduct of production affairs is not only manifested in the writings of Marx and Engels. It permeates no less the contributions of contemporary pseudo-economics.”

Writing Liberty Issues Essentials Economics Affair Productions Contemporary Contribution Inability Pseudo Engels

Author:Ludwig von Mises

“One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to lend. Then the firms that have expanded cannot get credit to pay for the factors of production necessary for the completion of the investment projects which they have already committed themselves. Because they cannot pay their bills, they sell off their inventories cheap. Then comes the panic, the breakdown. And the depression starts.”

“I am opposed to all forms of control; I am for an absolute laissez faire, free, unregulated economy. I am for the separation of the state and economics, just as we had separation of state and church, which led to peaceful coexistence among different religions...so the same applies to economics. If you separate the government from economics, if you do not regulate production and trade, you will have peaceful cooperation, and harmony and justice among men.”

“The linear 'Take - Make - Dispose' system, which depletes natural resources and generates waste, is deeply flawed and can be productively replaced by a restorative model in which waste does not exist as such but is only food for the next cycle”

“We do not need to understand economics in order to experience the benefits of freedom of exchange and production. But we may very well need to understand economics in order to sustain and maintain the institutional framework that enables us to realize the benefits that flow from freedom of exchange and production.”

Needs Wells May Order Realizing Benefits Economics Flow Productions Framework

Author:Peter Boettke

“Government control of the economy, no matter in whose behalf, has been the source of all the evils in our industrial society -- and the solution is laissez-faire capitalism, i.e., the abolition of any and all forms of intervention in production and trade, the separation of State and Economics, in the same way and for the same reasons as the separation of Church and State.”

“With the old economics destroyed, organizational forms perfected for industrial production have to be replaced with structures optimized for digital data. It makes increasingly less sense even to talk about a publishing industry, because the core problem publishing solves — the incredible difficulty, complexity, and expense of making something available to the public — has stopped being a problem.”

“Economics is not politics. One is a science, concerned with the immutable and constant laws of nature that determine the production and distribution of wealth; the other is the art of ruling.”

Art Law Wealth Society Concerned Economics Constant Determine Productions Distribution Ruling Laws Of Nature Distribution Of Wealth

Book:The Rise & Fall of Society

Source: The Rise & Fall of Society

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