Home / Topics / Economics Quotes

Economics Quotes

Browse 2895 quotes about Economics.

Economics Quotes

“The change began with John Stuart Mill and the Utopians . When Mill pointed out that economics had no ultimate solution to the problem of distribution , that society might do with the fruits of its toil as it saw fit, he introduced into the mechanical calculus of the market a conflicting calculus of moral judgment.”

Problem Might Moral Saws Fit Judgment Solutions Economics Ultimate Fruit Toil Distribution Mills Calculus Moral Judgment

Author:Robert Heilbroner

“Look, America is no more a democracy than Russia is a Communist state. The governments of the U.S. and Russia are practically the same. There's only a difference of degree. We both have the same basic form of government: economic totalitarianism. In other words, the settlement to all questions, the solutions to all issues are determined not by what will make the people most healthy and happy in their bodies and their minds but by economics. Dollars or rubles.”

Source: Another Roadside Attraction

“All progress is precarious, and the solution of one problem brings us face to face with another problem.”

Problem Faces Decision Progress Solutions Economics Civil Rights Reincarnation Face To Face Precarious

Book:A Gift of Love: Sermons from Strength to Love and Other Preachings

Source: A Gift of Love: Sermons from Strength to Love and Other Preachings

“Globalization and the neoliberal economic model have already been rejected in Latin America; it simply hasn't been a solution for our people. At the same time, Latin countries like Venezuela and Argentina are anti-imperialist and anti-globalization, and yet their economies are growing again.”

“The issue is always the same: the government or the market. There is no third solution.”

Government Liberty Issues Economic Solutions Capitalism Economics Thirds Socialism

Book:Planned Chaos

Source: Planned Chaos

“Political leaders in capitalist countries who cheer the collapse of socialism in other countries continue to favor socialist solutions in their own. They know the words, but they have not learned the tune.”

Knows Country Political Liberty Leader Solutions Economics Libertarian Favors Socialism Tunes Cheer Capitalist Collapse Libertarianism Other Countries Socialist Political Leaders

Book:Free to Choose: A Personal Statement

Source: Free to Choose: A Personal Statement

“The solution was eventually found by Johannes Gutenberg, who made the breakthrough that finally established printing as the communication technology of the future. Similar ideas may have been under development around the same time in Prague and Haarlem. But in business, the key question is not about who else is in the race, it's about who gets there first. Johannes Gutenberg was the first to make the new technology work, ensuring his place in any history of the human race.”

“We still have a great amount of work to do in social development, including resolving one of the biggest challenges we face in this area, namely, reducing the gap between high-income earners and people, citizens of our country, who are still living on very modest means indeed. But we cannot, of course, adopt the solution used 80 years ago and simply confiscate the riches of some to redistribute among others. We will use completely different means to resolve this problem, namely, we will ensure good economic growth.”

“We have a basic notion that unless we find a solution for environmental problems, we will not achieve sustainable growth in the coming years”

Years Problem Growth Business Achieve Solutions Economics Management Environmental Notion Environmental Problems

Author:Hiroyuki Watanabe

“This is the welfare generation, and that is incredibly sad. That will be judged in history as being far worse, I believe, than the stolen generation, because we are literally losing thousands and thousands of our indigenous brothers and sisters to the effects of welfare – drugs, gunja, low morale, alcoholism. I see it everyday and it can stop. The solution is education, training and a guaranteed opportunity.”

“It's just economics 101: When it's free to pollute, you get more pollution. But when there's a price to pay, industry will have an incentive to find low-cost carbon solutions.”

Energy Pay Industry Cost Solutions Lows Economics Pollution Carbon Incentives

Author:Fred Krupp

“There is no reason to believe that bureaucrats and politicians, no matter how well meaning, are better at solving problems than the people on the spot, who have the strongest incentive to get the solution right.”

“A stable 21st century society requires 21st century solutions not 20th century economics”

Century Solutions Economics Stable 21st Century 20th Century

Author:Phil Harding

“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.”

“Recommending gastric bypass as a national solution for our diabetes epidemic is bad medicine and bad economics.”

Solutions Economics Medicine Epidemics Diabetes Bypass Gastric

Author:Mark Hyman, M.D.