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Economics Quotes

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Economics Quotes

“The State exists simply to promote and to protect the ordinary happiness of human beings in this life. A husband and wife chatting over a fire, a couple of friends having a game of darts in a pub, a man reading a book in his own room or digging in his own garden-that is what the State is there for. And unless they are helping to increase and prolong and protect such moments, all the laws, parliaments, armies, courts, police, economics, etc., are simply a waste of time.”

Source: Mere Christianity

“Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.”

People Want Philosophy Problem Government Political Protect Economics Consumers Urgent

Author:Milton Friedman

“The conventional view serves to protect us from the painful job of thinking.”

Thinking Life Motivational Pain Jobs Views Protect Economics Painful Insult Statistics Conformity Conventional Veganism Nonconformity

Author:John Kenneth Galbraith

“Never trust an economist with your job. Learn about economics yourself. And make up your own mind about what might protect your job - and what might destroy it.”

Mind Might Jobs Protect Economics Economist Never Trust

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

“Only by transforming our own economy to one of peace can we make possible economic democracy in the Third World or our own country. The present economy generates wars to protect its profits and its short-term interests, while squandering the future. Unless we transform the economy, we cannot end war.”

World War Ends Country Term Interest Economy Democracy Economic Protect Economics Thirds Profit Short Term Transforming Third World Squandering

Author:Starhawk

“The moment the idea is admitted into society that property is not as sacred as the law of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”

Source: The Works of John Adams, Second President of the United States: With a Life of the Author, Notes and Illustrations

“The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home and free trade throughout the world. The consumer is protected from being exploited by one seller by the existence of another seller from whom he can buy and who is eager to sell to him. Alternative sources of supply protect the consumer far more effectively than all the Ralph Naders of the world.”

World Home Existence Danger Source Protect Economics Trade Sells Competition Protection Alternatives Consumers Protected Monopoly Free Trade Sellers

Author:Milton Friedman

“It is not the responsibility of the Federal Bank - nor would it be appropriate - to protect lenders and investors from the consequences of their decisions”

Decision Responsibility Protect Consequence Economics Appropriate Investors Lenders

Author:Ben Bernanke

“Government is instituted to protect property of every sort; as well that which lies in the various rights of individuals, as that which the term particularly expresses. This being the end of government, that alone is a just government which impartially secures to every man whatever is his own.”

Source: Selected Writings of James Madison

“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.”

Should Littles Doe Philosophy Government Action Political Nations Wealth Space Liberty Progress Security Produce Cost Protect Degrees Losing Gains Economics Labor Protection Be Good

Author:Augustin Thierry

“There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the U.S. economy would become less of a magnet for foreign investors. Economic growth, which in any case has recently been at unsustainable levels, would decline somewhat. History proves, however, that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.”

“We need a race to the top so that we have policies and regulations that protect human rights, the environment and that reduce poverty.”

Needs Humans Race Poverty Environment Rights Policy Protect Economics Human Rights Regulation

Author:Winnie Byanyima

“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