Economics Quotes
-
The attempt to isolate economics from other disciplines-notably politics, history, philosophy, finance, constitutional theory and sociology-has fatally disabled its power to explain what is happening in the world.
Will Hutton
-
I learned that economics was not an exact science and that the most erudite men would analyze the economic ills of the world and derive a totally different conclusion.
Edith Summerskill, Baroness Summerskill
-
If it were not for the hope that a scientific study of men's social actions may lead, not necessarily directly or immediately, but at some time and in some way, to practical results in social improvement, not a few students of these actions would regard the time devoted to their study as time misspent. That is true of all social sciences, but especially true of economics. For economics "is a study of mankind in the ordinary business of life"; and it is not in the ordinary business of life that mankind is most interesting or inspiring.
Arthur Cecil Pigou
-
Doing ventures is great - I'm talking economics now - if you've got a rising market. It's wonderful. If I hadn't got HKT, I would have been just as happy. Because there's a price for everything. And to overpay for something is awful.
Richard Li
-
It is clear that Economics, if it is to be a science at all, must be a mathematical science ... simply because it deals with quantities... As the complete theory of almost every other science involves the use of calculus, so we cannot have a true theory of Economics without its aid.
William Stanley Jevons
-
Capitalism is not an 'ism.' It is closer to being the opposite of an 'ism,' because it is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to.
Thomas Sowell
-
Well, you know, even a freshman in college who is studying economics knows that if you cap the cost of being able to recoup your investment that people who want to invest aren't going to do it.
Dennis Hastert
-
Economics that hurt the moral well-being of an individual or a nation are immoral and, therefore, sinful.
Mahatma Gandhi
-
It is also often argued that neo-liberalism, especially neo-liberal economics, helps those in the advantaged categories and hurts, often badly, those in the disadvantaged categories.
George Ritzer
-
We are ignorant of what it is we do not know even though we know more than we can ever say
G. L. S. Shackle
-
It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
John Maynard Keynes
-
Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable.
Ben Bernanke
-
'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.
Friedrich August von Hayek
-
I don't go to the beach. There is no value in going to the beach. If I did go I would probably read economics books.
Esther Duflo
-
In economics, when you put together a highly elastic thing and a highly inelastic thing, you create extraordinary potential for turbulence, volatility, and for unstable prices.
Adair Turner, Baron Turner of Ecchinswell
-
The things that get rewarded, get done
Michael LeBoeuf
-
The future is female, so women are invited, as they do, to take responsability in the world of politics, in the economics, in art
Gaetano Pesce
-
For women, like tradesmen, draw in the injudicious to buy their goods by the high value they themselves set upon them.... They endeavor strongly to fix in the minds of their enamoratos their own high value, and then contrive as much as possible to make them believe that they have so many purchasers at hand that the goods--if they do not make haste--will all be gone.
Sarah Fielding
