Quotessence
Home / Topics / Economics Quotes

Economics Quotes

Browse 2895 quotes about Economics.

Related topics

PeopleBusinessIfsPoliticalEconomyLibertyManagementWorldPhilosophyMenThinkingGovernmentWayEconomistHumansKnowsWantShouldLibertarianProblemMeanWellsLawStatesCapitalismInterestMayNeedsPoliticsYearsBelieveFactsFirstsCountrySocialStudyIndividualLibertarianismHas BeensDoeTaxesTheoryIdeasLongRealWealthResourcesTodayPolicyTwoUseImportantEnvironmentInvestingMadeMatterMoneySubjectsWarGivingOrderResultsSocialismTermValuesWholeClassEndsPayPrinciplesHelpingIgnoranceLooksNationsPoorFinanceGrowthIssuesReasonAmericaDebtLittlesMoralArtCompanyCostCoursesFormHardJobsModernSelfTryingBookEconomy And EconomicsEnoughEthicsFundamentalsKindProcessmore

Economics Quotes

“From the equilibrium and spontaneous order of Adam Smith and his heirs, from invisible-handed markets and perfect competition, supply and demand, and rewards and punishments, I was pushed to theories of disequilibrium and disorder, and information and noise, as the keys to understanding economic progress.”

OrderUnderstandingPerfectProgressEconomicInformationTheoryKeysDemandEconomicsCompetitionRewardsPunishmentInvisibleNoiseDisorderAdamSpontaneousEquilibriumHeirsSupply And DemandReward And PunishmentEconomic ProgressDisequilibriumPerfect Competition
Book:Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World
Create image

“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.”

ShouldHardSpiritualValuesResponsibilityMoralHistoryPowerSupportProgressHonestyMaterialsHard WorkCivilizationIntellectualResourcesEconomicsCrisisBoundsDebtSocialismTaxationMoral ValuesUnitingDespondency
Author:Vladimir Putin
Create image

“All of the progress that the US has made over the last couple of centuries has come from unemployment. It has come from figuring out how to produce more goods with fewer workers, thereby releasing labor to be more productive in other areas. It has never come about through permanent unemployment, but temporary unemployment, in the process of shifting people from one area to another.”

PeopleMadeLastsProcessProgressCenturyProduceCoupleAreasEconomicsLaborWorkersPermanentProductiveGoodsTemporaryFewerUnemploymentShifting
Author:Milton Friedman
Create image

“The predominant teachings of this age are that there are no limits to man's capacity to govern others and that, therefore, no limitations ought to be imposed upon government. The older faith, born of long ages of suffering under man's dominion over man, was that the exercise of unlimited power by men with limited minds and self-regarding prejudices is soon oppressive, reactionary, and corrupt. The older faith taught that the very condition of progress was the limitation of power to the capacity and the virtue of rulers.”

MenMindLongSelfGovernmentAgeSufferingBornVirtueProgressTeachingConditionsTaughtOughtExerciseLimitsCapacityEconomicsPrejudiceLimitationRulersUnlimitedDominionReactionariesUnlimited Power
Author:Walter Lippmann
Create image

“Our domestic problems are for the most part economic. We have our enormous debt to pay, and we are paying it. We have the high cost of government to diminish, and we are diminishing it. We have a heavy burden of taxation to reduce, and we are reducing it. But while remarkable progress has been made in these directions, the work is yet far from accomplished.”

Has BeensMadeProblemGovernmentPayProgressEconomicCostTaxesEconomicsBurdenHeavyDebtEnormousAccomplishedRemarkableDiminishTaxationReducingHeavy Burdens
Book:Message of the President of the United States to the Congress at the Beginning of the Second Session of the Sixty-eighth Congress, December 3 1924
Create image

“We can't build a safer world with honorable intentions and good will alone. Achieving the fundamental goals our nation seeks in world affairs - peace, human rights, economics progress national independence and international stability - means supporting our friends and defending our interests.”

WorldHumansMeanNationsGoalInterestRightsProgressAchieveEconomicsIndependenceFundamentalsIntentionAffairInternationalHuman RightsStabilityHonorableGood WillWorld Affairs
Book:Building peace through strength: August 23, 1983
Create image

“Keynes was a great economist. In every discipline, progress comes from people who make hypotheses, most of which turn out to be wrong, but all of which ultimately point to the right answer. Now Keynes, in 'The General Theory of Employment, Interest and Money,' set forth a hypothesis which was a beautiful one, and it really altered the shape of economics. But it turned out that it was a wrong hypothesis. That doesn't mean that he wasn't a great man!”

PeopleMenMeanBeautifulTurnsInterestAnswersProgressTheoryDisciplineShapesEconomicsEmploymentGreat MenEconomistHypothesisAlteredRight AnswersKeynes
Author:Milton Friedman
Create image

“Economic growth without social progress lets the great majority of the people remain in poverty, while a privileged few reap the benefits of rising abundance.”

PeopleSocialGrowthBusinessPovertyEconomyProgressEconomicBenefitsEconomicsMajorityRisingAbundanceCommercePrivilegedEconomic GrowthReapSocial ProgressE CommerceEconomy And EconomicsEconomic Progress
Book:Public Papers of the Presidents of the United States: John F. Kennedy, 1961
Create image

“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.”

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

“As the work progresses the careful reader will insert mental interrogation points here and there. He will find that his interest increases as the interrogation points become more frequent, and that it culminates where they are changed to marks of positive dissent. I venture to record the opinion that the value of the work reaches a maximum in a passage that is demonstrably incorrect.”

ValuesInterestOpinionRecordsProgressChangedReaderEconomicsIncreaseMarkCarefulPassagesVentureMaximumHere And ThereDissentInsertInterrogation
Author:John Bates Clark
Create image

“Government should be good for the liberty of the governed, and that is when it governs to the least possible degree. It should be good for the wealth of the nation, and that is when it acts as little as possible upon the labor that produces it and when it consumes as little as possible. It should be good for the public security, and that is when it protects as much as possible, provided that the protection does not cost more than it brings in.... It is in losing their powers of action that governments improve. Each time that the governed gain space there is progress.”

ShouldLittlesDoePhilosophyGovernmentActionPoliticalNationsWealthSpaceLibertyProgressSecurityProduceCostProtectDegreesLosingGainsEconomicsLaborProtectionBe Good
Author:Augustin Thierry
Create image

“We are enjoying in Africa what I call the democracy dividend. The progress we are seeing, economic development are all part of the dividend of good governance, respect for human rights, rule of law. It has created an enabling environment that allows not only foreigners to come in and invest but for Ghanaians to invest. It has created an atmosphere for our young people to be creative, innovative”

PeopleHumansLawYoungEnjoyCreativeDemocracyEnvironmentRightsProgressSeeingEconomicDevelopmentEconomicsHuman RightsAtmosphereBe CreativeGovernanceInnovativeForeignersRule Of LawEnablingEconomic DevelopmentDividendsGood Governance
Author:John Dramani Mahama
Create image

“Do you realize that the 850 billion dollar bank bailout, that sum of money is greater than the entire 50 year running budget of NASA. And so when someone says, 'We don't have enough money for this space probe.' No, it's not that you don't have enough money. It's that the distribution of money that you're spending is warped in some way that you are removing the only thing that gives people something to dream about tomorrow.”

PeopleWayGivingYearsEnoughDreamRunningRealizingSpaceEconomyGreaterProgressEconomicTomorrowFutureEconomicsDollarsSpendingBillionsPrioritiesBudgetsDistributionNasaRemovalPrioritizeProbingBailouts
Author:Neil deGrasse Tyson
Create image

“I want to be remembered as someone who put India on the scientific map of the world in terms of large innovation. I want to be remembered for making a difference to global healthcare. And I want to be remembered as someone who did make a difference to social economic development in India.”

WorldWantRememberSocialTermDifferencesProgressEconomicDevelopmentEconomicsIndiaInnovationEntrepreneurRememberedMaking A DifferenceMapsHealthcareFamous WomenEconomic DevelopmentSuccessful Women
Author:Kiran Mazumdar-Shaw
Create image

“If, in our haste to 'progress,' the economics of ecology are disregarded by citizens and policy makers alike, the result will be an ugly America. We cannot afford an America where expedience tramples upon esthetics and development decisions are made with an eye only on the present.”

IfsMadeEyeAmericaDecisionResultsProgressPolicyDevelopmentCitizensEconomicsUglyMakersEcologyHasteDisregardedPolicy MakersExpedience
Book:The quiet crisis and the next generation
Create image