Best economy & political-economy Quotes

“The prevailing ideology of the modern west - which is political economy - is in the doghouse. Having failed to notice atmospheric pollution, the economists then frightened themselves with the sort of financial crisis they said they had abolished.”

Said Political Economy Modern Crisis West Financial Ideology Frightened Pollution They Said Economist Prevailing Financial Crisis Political Economy

Author:James Buchan

“The free-trade idea, logically applied, will abolish usury; and with usury will disappear the chief bone of contention between labor and capital. But, just at this point, free-traders go over to the enemy; and many writers on political economy, in flat contradiction of the essential principles of that science, have made elaborate arguments to prove self-government in finance, impossible! What shall we think of men who, having dethroned kings, demolished popes, destroyed slave oligarchies and assailed tariff monopoly, advise submission to the most oppressive and dishonest of despotisms, Usury?”

“The Marxist doctrine is omnipotent because it is true. It is comprehensive and harmonious, and provides men with an integral world outlook irreconcilable with any form of superstition, reaction, or defence of bourgeois oppression. It is the legitimate successor to the best that man produced in the nineteenth century, as represented by German philosophy, English political economy and French socialism.”

Source: Izbrannye Proizvedenii͡a V Trekh Tomakh

“Thus, if there exists a law which sanctions slavery or monopoly, oppression or robbery, in any form whatever, it must not even be mentioned. For how can it be mentioned without damaging the respect which it inspires? Still further, morality and political economy must be taught from the point of view of this law; from the supposition that it must be a just law merely because it is a law. Another effect of this tragic perversion of the law is that it gives an exaggerated importance to political passions and conflicts, and to politics in general.”

“Bourgeois political economy ... never gets to see man who is its real subject. It disregards the essence of man and his history and is thus in the profoundest sense not a 'science of people' but of non-people and of an inhuman world of objects and commodities.”

People Men World Real Political Economy Subjects Objects Essence Commodity Bourgeois Disregard Inhuman Political Economy

Book:The Essential Marcuse: Selected Writings of Philosopher and Social Critic Herbert Marcuse

Source: The Essential Marcuse: Selected Writings of Philosopher and Social Critic Herbert Marcuse

“the principles of political economy have elevated the working class above the place they ever filled before.”

Political Class Principles Economy Filled Working Class Political Economy

Book:Speeches on Questions of Public Policy

Source: Speeches on Questions of Public Policy

“I believe that the harm which Mill has done to the world by the passage in his book on Political Economy in which he favours the principle of Protection in young communities, has outweighed all the good which may have been caused by his other writings.”

World Writing Believe May Has Beens Book Done Young Political I Believe Community Principles Economy Protection Harm Passages Favour Mills Political Economy

Author:Richard Cobden

“Among minor alterations, I may mention the substitution for the name political economy of the single convenient term economics. I cannot help thinking that it would be well to discard, as quickly as possible, the old troublesome double-worded name of our science.”

Thinking Wells May Helping Would Be Political Names Term Economy Economics Minors Convenient Troublesome Alterations Substitution Political Economy

Book:The Theory of Political Economy

Source: The Theory of Political Economy

“The science of political economy is essentially practical, and applicable to the common business of human life. There are few branches of human knowledge where false views may do more harm, or just views more good.”

Humans May Political Views Common Economy Harm Practicals Human Life Branches Human Knowledge Political Economy

Book:An Essay on the Principle of Population and Other Writings

Source: An Essay on the Principle of Population and Other Writings

“It has been said, and perhaps with truth, that the conclusions of Political Economy partake more of the certainty of the stricter sciences than those of most of the other branches of human knowledge.”

Humans Has Beens Said Political Economy Conclusion Certainty Branches Human Knowledge Political Economy

Book:An Essay on the Principle of Population and Other Writings

Source: An Essay on the Principle of Population and Other Writings

“The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.”

Has Beens Political Opinion Economy Source Depends Demand Errors Proportion Commodity Axioms Political Economy Supply And Demand

Book:The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch

Source: The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch

“Some writers maintain arithmetic to be only the only sure guide in political economy; for my part, I see so many detestable systems built upon arithmetical statements, that I am rather inclined to regard that science as the instrument of national calamity.”

Political Economy Built Regard Instruments Guides Statements Calamity Arithmetic Political Economy

Book:A treatise on political economy

Source: A treatise on political economy

“Wherefore it is impossible to succeed in comparing wealth of different eras or different nations. This, in political economy, like squaring the circle in mathematics, is impracticable, for want of a common mean or measure to go by.”

Want Mean Different Political Nations Wealth Common Economy Impossible Succeed Mathematics Circles Eras Compare Political Economy Different Eras

Book:A treatise on political economy: or, The production, distribution and consumption of wealth

Source: A treatise on political economy: or, The production, distribution and consumption of wealth

“The invocation of social necessity should alert us. It contains the seeds for Marx's critique of political economy as well as for his dissection of capitalism.”

Should Wells Political Social Economy Capitalism Seeds Critique Political Economy Invocation Dissection

Author:David Harvey

“Marx set out to resolve the contradictions and to correct the errors in classical political economy. In this he thought he had succeeded very well. Judging by the sound and the fury of the controversy surrounding his interpretations, he either succeeded too well or deluded himself to the success of his enterprise.”

Wells Political Sound Economy Judging Errors Enterprise Contradiction Resolve Interpretation Controversy Fury Deluded Political Economy

Author:David Harvey

“The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could be no political economy.”

World States Political Existence Economy Modern Mutual Interaction Parallels Modern World Political Economy

Book:The Political Economy of International Relations

Source: The Political Economy of International Relations

“The opposing tendencies of concentration and spread are of little consequence in the liberal model of political economy.”

Littles Political Economy Models Consequence Spread Tendencies Concentration Opposing Political Economy

Book:The Political Economy of International Relations

Source: The Political Economy of International Relations

“All the controversialists who have become conscious of the real issue are already saying of our ideal exactly what used to be said of the Socialists' ideal. They are saying that private property is too ideal not to be impossible. They are saying that private enterprise is too good to be true. They are saying that the idea of ordinary men owning ordinary possessions is against the laws of political economy and requires an alteration in human nature.”

“All those who, since Adam Smith, have turned their attention to Political Economy, agree that in reality we do not buy articles of consumption with money, the circulating medium with which we pay for them. We must in the first instance have bought this money itself by the sale of our produce.”

Firsts Wisdom Reality Political Politics Pay Attention Economy Produce Agree Mediums Instance Liberalism Articles Adam Consumption Political Economy

Book:Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

Source: Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

“Self-preservation and self-denial: the basis of all political economy.”

Self Political Economy Bases Denial Preservation Self Preservation Self-denial Political Economy

Author:Lord Acton

“Every great creative idea, formulated as a philosophy, has a social setting - in time, in a geographical location, in a political economy, in a matrix of interests and knowledge. It is not a free-swinging phenomenon like a balloon without moorings. It is not produced in a vacuum and, being creative, it does not work in a vacuum. Nurtured on things experienced and things known, it reaches out toward the unknown like a flower on a stalk growing out of the soil.”

Source: Making Women's History: The Essential Mary Ritter Beard

“Because of the oil-and-water relationship governments have cultivated between ethics and political economy, speaking in plain terms - spelling it out as it is - as become foreign to the public. So here goes: When government sports a surplus, this implies that the political pickpockets have stolen more funds than they can possibly dream of spending. The property is not theirs to keep! Conversely, when deficits are reported, this means that the kleptomaniacs have not been able to steal sufficient funds to cover their profligacy.”

Mean Dream Government Able Political Politics Sports Term Water Economy Ethics Property Spending Oil Stealing Sufficient Fund Stolen Deficit Spelling Surplus Political Economy Oil And Water

Author:Ilana Mercer

“Wealth brings with it its own checks and balances. The basis of political economy is noninterference. The only safe rule is found in the self-adjusting meter of demand and supply. Open the doors of opportunity to talent and virtue and they will do themselves justice, and property will not be in bad hands. In a free and just commonwealth, property rushes from the idle and imbecile to the industrious, brave and persevering.”

“persons, with big wigs many of them and austere aspect, whom I take to be Professors of the Dismal Science… Coining “Dismal Science” as a nickname for Political Economy”

Persons Bigs Political Economy Aspect Economics Professors Nicknames Wigs Political Economy

Author:Thomas Carlyle

“As an element in human progress, the right of private property, in importance, has taken first and almost only place in the current systems of law and of political economy. While admitting its great importance, we cannot conceal the fact that the writers on those subjects have wholly failed to distinguish between its use and its abuse, or to recognize its rational and equitable limits.”

“Quite apart from our desire to avoid destroying the planet or economic meltdown, I offer another reason to position cooperation at the heart of our political economy: it will mean we are more likely to live sane, fruitful lives”

Heart Mean Reason Political Desire Vision Economy Economic Position Planets Future Offers Cooperation Destroying Sane Sustainable Development Political Economy Meltdowns Fruitful Life

Author:Oliver James

“Political economy is the science of free society. Its theory and its history alike establish this position. Its fundamental maxims, Laissez-faire and 'Pas trop gouverner' are at war with all kinds of slavery, for they in fact assert that individuals and peoples prosper most when governed least.”

Kind War Facts Political Individual Economy Position Theory Fundamentals Slavery All Kinds Maxims Free Society Laissez Faire Political Economy

Book:Sociology for the South: or, The failure of free society

Source: Sociology for the South: or, The failure of free society

“I call this the Fundamental Problem of Political Economy. How do we limit the power that idiots have over us? ... [Milton] Friedmans insight is that a market limits the power that others have over us; conversely, limiting the power that others have over us allows us to have markets. Friedman argued that no matter how wise the officials of government may be, market competition does a better job of protecting us from idiots.”

May Doe Matter Problem Government Jobs Political Economy Wise Limits Fundamentals Competition Insight Idiot Officials Better Jobs Milton Political Economy

Author:Arnold Kling

“As in the instances of alchemy, astrology, witchcraft, and other such popular creeds, political economy, has a plausible idea at the root of it.”

Ideas Political Economy Roots Instance Creeds Astrology Witchcraft Alchemy Plausible Political Economy

Book:The Genius of John Ruskin: Selections from His Writings

Source: The Genius of John Ruskin: Selections from His Writings

“Political Economy or Economics is a study of mankind in the ordinary business of life.”

Political Economy Study Mankind Ordinary Economics Political Economy

Author:Alfred Marshall

“Political Economy as a branch of science is extremely modern; but the subject with which its enquiries are conversant has in all ages necessarily constituted one of the chief practical interests of mankind.”

Age Political Interest Economy Modern Subjects Mankind Practicals Chiefs Branches Enquiry Political Economy

Book:Principles of Political Economy: With Some of Their Applications to Social Philosophy

Source: Principles of Political Economy: With Some of Their Applications to Social Philosophy

“Peace is nothing more than the regulation of the psycho-political economy of awe and reverential fear, of using the threat of terror in order to bind citizens to the circuit of their subjection.”

Political Order Economy Citizens Threat Terror Awe Regulation Circuits Psycho Subjection Political Economy

Book:Infinitely Demanding: Ethics of Commitment, Politics of Resistance

Source: Infinitely Demanding: Ethics of Commitment, Politics of Resistance

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