Economics Quotes
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If, in our haste to 'progress,' the economics of ecology are disregarded by citizens and policy makers alike, the result will be an ugly America. We cannot afford an America where expedience tramples upon esthetics and development decisions are made with an eye only on the present.
Stewart Udall
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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
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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
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Intermittency in availability for wind and solar changes the economics, particularly this requirement that the power company at all times be able to require power. That's large.
Bill Gates
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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
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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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Politics is the most concentrated expression of economics.
Vladimir Lenin
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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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We move from more or less plausible but really arbitrary assumptions, to elegantly demonstrated but irrelevant conclusions.
Wassily Leontief
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The Western societies which espouse free market capitalism survive by the pursuit of greed and, in their own way, like Communism, throw into leadership men and women (mostly men) who know how to gain, exert and manipulate power.
Davis McCaughey
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The study of economics does not seem to require any specialised gifts of an unusually high order.
John Maynard Keynes
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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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Economics has been called the dismal science. Once you get to understand it, you may not find it so dismal, but you don't find it much of a science either.
Jean Chretien
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You know what the economics are like in Red Lake County. There's no way a family can pay $15,000, $20,000 a year for health insurance and make it work. You just can't do it. It's got to change.
Collin Peterson
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Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the 'what,' but it certainly is not the 'why.'
Ben Bernanke
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However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions.
Gerard Arpey
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Traditional economics is based on imaginary creatures sometimes referred to as 'Homo economicus.' I call them Econs for short. Econs are amazingly smart and are free of emotion, distraction or self-control problems. Think Mr. Spock from 'Star Trek.'
Richard Thaler
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capital is the result of saving, and not of spending. The spendthrift who wastes his substance in riotous living decreases the capital of the country, and therefore the excuse often made for extravagance, that it is good for trade, is based upon false notions respecting capital.
Millicent Fawcett
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January is always a good month for behavioral economics: Few things illustrate self-control as vividly as New Year's resolutions. February is even better, though, because it lets us study why so many of those resolutions are broken.
Sendhil Mullainathan
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I practice what has come to be called behavioral economics.
Richard Thaler
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With the variety of fields within economics, broadly conceived and the increasing specialization of scholarly world, the award of a Nobel Memorial Prize honors not only the individual scholar but, implicitly, also a special field or a distinctive method.
Simon Kuznets
