Economics Quotes
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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.'
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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.
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...quantity is not necessarily synonymous with quality and brilliant ideas are not a function of the number of titles printed.
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People who have never run even a modest little business assert with great certainty and indignation that heads of multinational corporations are paid much more than they are worth. People who know nothing about medicine and nothing about economics unhesi.
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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.
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Economics is a choice between alternatives all the time. Those are the trade-offs.
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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.
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Economics is not brain surgery.
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In order to understand the movement of prices, you need not an oscilloscope to measure the entire market and reduce it to noise, but a microscope to investigate the creative process behind every company and its price.
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Over the long haul of life on the planet, it is the ecologists, and not the bookkeepers of business, who are the ultimate accountants.
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If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash.
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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.
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If it's free put me down for two please
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I went to university for a couple of years and I didn't enjoy university. The studying and the accountancy, economics, I just hated that stuff. Now the irony is here I am lawyer, accountant, I do it all day every day and sit at a desk. So I've never ended up where I wanted to be in many ways. I always wanted to be a farmer.
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Software engineering economics.
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The very name of my subject, economics, suggests economizing or maximizing. But Political Economy has gone a long way beyond home economics.
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I feel like there's lot of people who know finance and economics better than I do. There are lots of people who are better storytellers than I am. But the space that I occupy of storytelling about finance and economics is - more people want it than can do it.
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Over the long term, absent of other barriers, economics always win.
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There can be no such thing as 'fairness in taxation.' Taxation is nothing but organized theft, and the concept of a 'fair tax' is therefore every bit as absurd as that of 'fair theft.'
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Economics is not a morality play.
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It doesn't take a degree in economics to know that something is wrong when it takes $30 or $40 to fill up the gas tank.
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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I don't think Obama understands basic economics. Not economics that work. He may understand some theory that someone in Princeton sat and dreamed up, but it's not working.
