Economics Quotes

• An emerging market is a country where politics matters at least as much as economics to the market.

  

  Ian Bremmer
  • Country
  • Matter
  • Economics

• Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.

  

  Ben Bernanke
  • Why
  • Future
  • Past

• 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
  • Men
  • Earth
  • Anxiety

• 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
  • Life
  • Business
  • Mankind

• 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
  • Conclusion
  • Analyze
  • Erudite

• 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
  • Education
  • Aids
  • Mathematical

• 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
  • People
  • College
  • Investment

• 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
  • Something
  • Wonderful
  • Because

• Economics that hurt the moral well-being of an individual or a nation are immoral and, therefore, sinful.

  

  Mahatma Gandhi
  • Hurt
  • Moral
  • Economics

• 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
  • Liberty
  • Economic
  • Capitalism

• 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
  • Ignorance
  • Economics
  • Ignorant

• 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
  • Economics
  • Categories
  • Advantaged

• It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.

  

  John Maynard Keynes
  • Believe
  • Astonishing
  • Foolish Things

• Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable.

  

  Ben Bernanke
  • Knowledge
  • Economics
  • Agreement

• Politics is the most concentrated expression of economics.

  

  Vladimir Lenin
  • Freedom
  • Democracy
  • Expression

• 'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.

  

  Friedrich August von Hayek
  • Liberty
  • Individual
  • Beens

• 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
  • Books
  • Beach
  • No Value

• 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
  • Female
  • Invited
  • Responsability

• 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
  • Economics
  • Prices

• The things that get rewarded, get done

  

  Michael LeBoeuf
  • Business
  • Management
  • Economics

• I was going to get a degree in economics and be a teacher. But I couldn't afford to pay for the education. So I just got the MBA and not the doctorate. I loved it at Bain, and I've been there ever since.

  

  Stephen Pagliuca
  • Education
  • Teacher
  • I Loved

• 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
  • Believe
  • Men
  • Women

• It economics is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions.

  

  John Maynard Keynes
  • Mind
  • Doctrine
  • Method

• We move from more or less plausible but really arbitrary assumptions, to elegantly demonstrated but irrelevant conclusions.

  

  Wassily Leontief
  • Moving
  • Assumption
  • Conclusion

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