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Economics Quotes

Browse 2895 quotes about Economics.

Economics Quotes

“Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.”

Ifs Giving School Sound Money Economics Currents Reform Cycles Cheer Reserves Replaced Economist Banking Inflation Central Banks Bailouts

Author:Llewellyn Rockwell

“American money was never more sound, or banking more free, than 200 years ago. Since then, it's been a long steady decline from the gold standard and competitive banking to our Fed-run system of inflated paper currency, deposit insurance, and perpetually shaky banks on the dole.”

Years Long Running Sound Money Paper Standards Years Ago Economics Gold Feds Steady Decline Currency Banking Deposits Gold Standard

Author:Llewellyn Rockwell

“My biggest surprise of the year does involve Donald Trump and it involves his money. And I am one of the prominent disbelievers of his claims of wealth and how rich he was. He put out a press release before he did his financial disclosure form saying he made over $200 million from a TV show.If you know about the economics of televisions, that sounds impossible. I don`t believe it.”

“To the masses, the catchwords of Socialism sound so enticing... so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.”

Years Helping Nations Sound Liberty Taken Economic Civilization Mass Economics West Socialism Inevitable Decline Enticing

Author:Ludwig von Mises

“Nothing is done. Everything in the world remains to be done or done over. The greatest picture is not yet painted, the greatest play isn't written, the greatest poem is unsung. There isn't in all the world a perfect railroad, nor a good government, nor a sound law. Physics, mathematics, and especially the most advanced and exact of the sciences are being fundamentally revised. . . Psychology, economics, and sociology are awaiting a Darwin, whose work in turn is awaiting an Einstein.”

Source: The autobiography of Lincoln Steffens: abridged

“Everything is on such a clear financial basis in France. It is the simplest country to live in. No one makes things complicated by becoming your friend for any obscure reason. If you want people to like you you have only to spend a little money. I spent a little money and the waiter liked me. He appreciated my valuable qualities. He would be glad to see me, and would want me at his table. It would be a sincere liking because it would have a sound basis. I was back in France.”

Source: The Sun Also Rises

“The book, as it stands, seems to me to be one of the most frightful muddles I have ever read, with scarcely a sound proposition in it beginning with page 45 [Hayek provided historical background up to page 45; after that came his theoretical model], and yet it remains a book of some interest, which is likely to leave its mark on the mind of the reader. It is an extraordinary example of how, starting with a mistake, a remorseless logician can end up in bedlam.”

Source: The Collected Writings of John Maynard Keynes: The general theory and after: pt. 1, Preparation

“Close the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.”

May Hard Philosophy Jobs Political Strong Sound Serious Economics Weak Institutions Financial Requirements Hearted Financial Institutions

Author:Paul Krugman

“America has much to gain in terms of jobs and trade by meeting the growing world demand for advanced, environmentally sound technologies.”

World Jobs America Sound Term Technology Economy Environment Growing Demand Gains Economics Trade Meetings

Author:John McCain

“The new sound-sphere is global. It ripples at great speed across languages, ideologies, frontiers and races. The economics of this musical Esperanto is staggering. Rock and pop breed concentric worlds of fashion, setting and life-style. Popular music has brought with it sociologies of private and public manner, of group solidarity. The politics of Eden come loud.”

“A sound man is good at salvage, at seeing nothing is lost”

Men Lost Sound Business Seeing Economics Management Salvage

Author:Laozi

“Although being economics editor sounds impressive, it does not mean I actually edit anything. It mainly reflects two decades of title-inflation at the BBC, which has given ever more status to senior reporters, presumably because it is cheaper to do that than to offer higher pay.”

Mean Doe Two Given Sound Pay Higher Offers Economics Decades Titles Editors Reporters Senior Inflation Impressive Edits Cheaper

Author:Evan Davis

“Our popular economics writers, however, are not in the business of giving their readers a ringside seat on the research action; with no exception I can think of, they use their books to do an end run around the normal structure of scholarship, to preach ideas that few serious economists share. Often, these ideas are not just at odds with the professional consensus; they are demonstrably wrong, and sometimes terminally silly. But they sound good to the unwary reader.”

“For what will it profit men that a more prudent distribution and use of riches make it possible for them to gain even the whole world, if thereby they suffer the loss of their own souls? What will it profit to teach them sound principles in economics, if they permit themselves to be so swept away by selfishness, by unbridled and sordid greed, that hearing the commandments of the Lord, they do all things contrary.”

Source: On Social Reconstruction: Encyclical Letter