Best economics & sides Quotes | Short & Famous Sayings

“It's really hard to design products by focus groups. A lot of times, people don't know what they want until you show it to them. As Henry Ford said many years earlier: "If I had listened to my customers, I would have built a faster horse." Inventions in general express Shannon entropy. They come from the supply side.”

Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

“I think I developed a culture of healthy skepticism of claims of certainty on any side of the aisle. A sort of boldness in using economics no matter where it leads you in political circles, you know, rather than worrying about being left-wing or right-wing or biased or this or that.”

Thinking Knows Matter Political Culture Left Sides Worry Healthy Economics Claims Wings Circles Certainty Skepticism Boldness Right Wing Biased Left Wing Aisle

Author:David Plotz

“President Reagan, Jack Kemp and other advocates of supply-side economics understood that pro-growth tax, spending and economic policies were essential to America's long-term economic and fiscal health.”

Long America Sides Growth President Term Economic Policy Taxes Essentials Understood Economics Spending Long Term Economic Policy President Reagan Supply Side Economics

Author:Bob Beauprez

“Economics is on the side of humanity now.”

Humanity Sides Economics

Book:Triangle: The currents of space; Pebble in the sky; The stars, like dust

Source: Triangle: The currents of space; Pebble in the sky; The stars, like dust

“[U]nemployment is ... a side effect of the cure for inflation.”

Sides Effects Economics Investing Cures Inflation Side Effects

Author:Milton Friedman

“It took the national debt two hundred years to reach $1 trillion. Supply Side Economics quadrupled the national debt to over $4 trillion in twelve years (1980-1992) under the Republicans. Bill Clinton actually paid down the national debt. How did he do it? He raised taxes. It produced the longest sustained economic expansion in U.S. History.”

Years Two Sides Economic Republican Taxes Hundred Economics Paid Bills Clinton Raised Debt Twelve Expansion National Debt Supply Side Economics

Book:Straight Talk from the Heartland: Tough Talk, Common Sense, and Hope from a Former Conservative

Source: Straight Talk from the Heartland: Tough Talk, Common Sense, and Hope from a Former Conservative

“The potential gains from improved stabilization policies are on the order of hundredths of a percent of consumption, perhaps two orders of magnitude smaller than the potential benefits of available supply-side fiscal reforms.”

Two Order Sides Policy Benefits Percent Gains Economics Available Reform Consumption Magnitude

Author:Robert Lucas, Jr.

“Although military, economic and political strength certainly favors the more powerful side, the matter of simple justice is a counterbalancing factor.”

Matter Political Sides Justice Simple Powerful Economic Military Economics Favors Factors

Author:Jimmy Carter

“Waiting for supply-side economics to work is like leaving the landing lights on for Amelia Earhart.”

Light Waiting Sides Economics Leaving Landing Amelia Supply Side Economics

Author:Walter Heller

“At least half of the popular fallacies about economics come from assuming that economic activity is a zero-sum game, in which what is gained by someone is lost by someone else. But transactions would not continue unless both sides gained, whether in international trade, employment, or renting an apartment.”

Games Lost Sides Half Economic Activity Economics Trade Assuming International Employment Zero Apartment Both Sides Fallacy Transactions International Trade Zero Sum Game

Author:Thomas Sowell

“Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.”

“And with the Occupy Movement, it's really ironic how the police come as representatives and enforcers of the powers that be, even though the people in the Occupy Movement are really on their side - not in terms of their behavior, but in terms of their economic status, in terms of who the police are in society and how much they're paid, and if you boil it down to the economics of it, the police should be out there marching with the Occupy Movement.”

People Ifs Should Sides Term Economic Movement Behavior Economics Paid Police Ironic Representatives Occupy Movement Economic Status

Author:Oren Moverman

“What the issue here is, you get rid of all the conservative orthodoxy about capital gains, marginal tax rate, supply side economics, you just throw all that out the window, limited government and you just embrace the sheer and raw politics of resentment that have been bubbling the whole time and that`s what you get. You get Donald Trump.”

Has Beens Whole Government Sides Issues Trump Taxes Gains Economics Window Embrace Rate Conservative Resentment Sheer Orthodoxy Limited Government Capital Gains Supply Side Economics

Author:Chris Hayes

“My clinical psychologist wife of 40 years has always had a close intellectual influence on me. When I was beginning to talk openly in the economics profession about irrationality in decision-making, I received a lot of criticism. Ginny would support my views and remind me that a whole other profession - psychology - studies people's irrational sides.”

“As the Wall Street Journal called our economic plan, supply-side economics for the working man, is resonating in Minnesota and here in Missouri and across this country.”

Men Country Sides Plans Economic Streets Wall Economics Journal Minnesota Working Man Missouri Wall Street Journal Resonating Supply Side Economics

Author:Rick Santorum

“Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.”

Source: The Economic Consequences of the Peace: The Economist

“We are seeing the birth of a new perspective of the world, where ecology and economics are two sides of the same coin.”

World Two Sides Environment Seeing Society Perspective Birth Economics Green Environmental Ecology Coins Two Sides New Perspective

Author:Leif Johansson

“Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of raising the natural rate of unemployment.”

Source: CourseSmart E-Book for Macroeconomics: A PDF-style E-Book

“The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.”

Order Sides Cases Economy Cutting Mystery Effects Source Demand Economics Bases Spending Producers Finance Collapse Severe Ongoing Buyers Side Effects Deflation

Author:Ben Bernanke

“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.”

“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

“Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.”

Ifs Said Enough Sides Generations Economic Policy Theory Approach Economics Horse Elegant Sparrows Economic Policy Trickle Down Oats Trickle Down Economics Supply Side Economics

Author:John Kenneth Galbraith

“I didn't wake up one day and say, you know, 'Supply-side economics doesn't make sense.”

Knows Sides One Day Economics Wake Up Make Sense Supply Side Economics

Author:David Brock

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