Best economics & purpose Quotes | Short & Famous Sayings

“Our goal is not to assume leadership of existing institutions, but rather to render them irrelevant. We don't want to take over the state or change its policies. We want to render its laws unenforceable. We don't want to take over corporations and make them more 'socially responsible.' We want to build a counter-economy of open-source information, neighborhood garage manufacturing, permaculture, encrypted currency and mutual banks, leaving the corporations to die on the vine along with the state. We do not hope to reform the existing order. We intend to serve as its grave-diggers.”

“The main purpose of advertising is to undermine markets. If you go to graduate school and you take a course in economics, you learn that markets are systems in which informed consumers make rational choices. That's what's so wonderful about it. But that's the last thing that the state corporate system wants. It is spending huge sums to prevent that.”

Ifs Want States School Lasts Purpose Choices Courses Wonderful Huge Economics Spending Rational Advertising Consumers Corporate Graduates Graduate School

Author:Noam Chomsky

“One of the main effects (I will not say purposes) of orthodox traditional economics was ... a plan for explaining to the privileged class that their position was morally right and was necessary for the welfare of society.”

Purpose Class Plans Effects Position Economics Traditional Welfare Orthodox Privileged Explaining

Author:Joan Robinson

“The mischievous idea that all public needs should be satisfied by compulsory organization and that all the means that individuals are willing to devote to pubic purposes should be under the control of government, is wholly alien to the basic principles of a free society.”

Needs Should Mean Ideas Government Purpose Individual Principles Willing Economics Organization Satisfied Aliens Free Society Basic Principles Compulsory Mischievous

Author:Friedrich August von Hayek

“The legal tender quality [of money] is only valuable for the purposes of dishonesty.”

Purpose Money Quality Economics Valuable Dishonesty

Author:Salmon P. Chase

“Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.”

Purpose Economics Goods Purchasing

Book:An Inquiry Into the Nature and Causes of the Wealth of Nations With a Life of the Author: Also a View of the Doctrine of Smith, Compared with that of the French Economists, with a Method of Facilitating the Study of His Works, from the French of M. Jariner

Source: An Inquiry Into the Nature and Causes of the Wealth of Nations With a Life of the Author: Also a View of the Doctrine of Smith, Compared with that of the French Economists, with a Method of Facilitating the Study of His Works, from the French of M. Jariner

“However little president Obama knows or cares about economics, he knows a lot about politics - and especially political rhetoric. 'High-speed rail' is simply another set of loft words to justify continued expansion of government spending. So are words like 'investment in education' or 'investment' in any number of other things, which serves the same political purpose.”