Economics Quotes
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So no, I’m not too big on religion...and not very fond of politics or economics either...And why should I be? They are the man-created trinity of terrors that ravages the earth and deceives those I care about. What mental turmoil and anxiety does any human face that is not related to one of those three?
William P. Young
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'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.
Friedrich August von Hayek
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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
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Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.
Michael Arrington
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It is so important to remember that, as we travel through life, there will be so many events which we can`t control. These are things that seemingly alter our lives forever or become barriers for living a life of fulfillment. It`s important to remember that the ultimate experience of life is not to be controlled by events. We all have difficult events in our lives - the loss of family members, economics, stress, litigation, government interference in our businesses, health challenges. Remember that it is not the events that shape our lives, but, rather, the meaning we attach to them.
Anthony Robbins
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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
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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
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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
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I really don't see any influence of my work on any artists. But I do think I've had an influence on drawings' being shown. I've had an influence on the economics of it.
Raymond Pettibon
Black Flag
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Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable.
Ben Bernanke
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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
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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.
William Stanley Jevons
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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
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It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
John Maynard Keynes
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Economics was the only profession where a person could be considered an expert without having once been right.
George Meany
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If we are going to carry on growing, and we will, because no country is going to forfeit its right to economic growth, we have to find a way of doing it sustainably.
Tony Blair
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In the world of traditional economics, it shouldn't matter whether you use an opt-in or opt-out system. So long as the costs of registering as a donor or a nondonor are low, the results should be similar. But many findings of behavioral economics show that tiny disparities in such rules can make a big difference.
Richard Thaler
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Lunches don't get free just because you don't see the prices on the menu. And economists don't get popular by reminding people of that.
Thomas Sowell
