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Economics Quotes

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Economics Quotes

“An invaluable little book.... What Makes a Terrorist uses standard tools of economics and statistical analysis to get at the truth about terrorism.... Krueger finds one familiar fact in all his numbers. Countries with fewer civil liberties tend to produce more terrorists.”

Littles Book Country Facts Use Numbers Liberty Produce Standards Economics Tools Terrorism Terrorist Familiar Analysis Fewer Civil Liberties Invaluable

Author:Daniel Finkelstein

“Economic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power is exercised by means of a negative, by the threat of punishment, injury, imprisonment, destruction. The businessman's tool is values; the bureaucrat's tool is fear.”

Source: The Ayn Rand Lexicon: Objectivism from A to Z

“The argument for liberty is not an argument against organization, which is one of the most powerful tools human reason can employ, but an argument against all exclusive, privileged, monopolistic organization, against the use of coercion to prevent others from doing better.”

Humans Reason Use Powerful Liberty Economic Economics Argument Tools Organization Most Powerful Privileged Exclusive Coercion Human Reason

Author:Friedrich August von Hayek

“Minimum-wage laws are one of the most powerful tools in the arsenal of racists.”

Law Powerful Liberty Economic Economics Tools Racist Most Powerful Minimum Arsenal Minimum Wage

Author:Walter E. Williams

“Marshall's crime is to pretend to handle imperfect competition with tools only applicable to perfect competition.”

Perfect Crime Economics Tools Competition Handle Imperfect Perfect Competition

Book:Paul Samuelson on the History of Economic Analysis: Selected Essays

Source: Paul Samuelson on the History of Economic Analysis: Selected Essays

“In the days when the nation depended on agriculture for its wealth it made the Lord Chancellor sit on a woolsack to remind him where the wealth came from. I would like to suggest we remove that now and make him sit on a crate of machine tools.”

Made Nations Wealth Lord Economics Tools Machines Remove Agriculture

Author:Prince Philip

“If you want to do evil, science provides the most powerful weapons to do evil; but equally, if you want to do good, science puts into your hands the most powerful tools to do so”

Ifs Want Hands Evil Powerful Weapons Economics Tools Most Powerful Powerful Weapons Good Science

Author:Richard Dawkins

“Education is both a tool of social justice as well as a fundamental driver of economic development.”

Wells Social Justice Education Economy Economic Development Economics Tools Social Justice Fundamentals Drivers Economic Development

Author:Kevin Rudd

“We should have a system of economics that is structure that is organic tools. We do not have it. We are all hanging by our eyebrows from skyhooks economically, just as we are architecturally.”

Should Economics Tools Should Have Structure Architect Eyebrows

Book:Truth Against the World: Frank Lloyd Wright Speaks for an Organic Architecture

Source: Truth Against the World: Frank Lloyd Wright Speaks for an Organic Architecture

“We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism. It will provide business and public policy with a powerful new tool for economic development, profitability, and the promotion of the public good.”

“We believe that economics does not necessarily have to be a zero-sum game; it can be a win-win proposition for everyone involved so long as they have the tools in which to succeed.”

Believe Long Doe Success Games Winning Involved Succeed Economics Tools Zero Propositions Win Win Zero Sum Game

Author:Ron Kind