Economics Quotes
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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.
David Plotz -
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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I founded Atari in my garage in Santa Clara while at Stanford. When I was in school, I took a lot of business classes. I was really fascinated by economics. You end up having to be a marketeer, finance maven and a little bit of a technologist in order to get a business going.
Nolan Bushnell -
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.
Thomas Sowell -
That’s because they don’t know. It’s like economics. Everybody’s got a theory, and some people make it their religion.
Ben Aaronovitch -
Most of the expressions we use in economics are relative terms. All of us are votaries of free trade.
Nirmala Sitharaman -
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 -
We The Replacements never made any money on tour. None of us came out of the school of economics. We took it for granted that a rock and roll band gets ripped off. We've tried to shake that tree a couple of times, but what can we do? You look back, when you're sort of idle in your middle years, and think, we should have made some money.
Paul Westerberg The Replacements
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When, over fifty years ago, I first became interested in economics - as a discipline that provided the key to social structure and social problems - it never crossed my mind that one day I might be the honored recipient of a Nobel Memorial Prize.
Simon Kuznets -
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 -
The human condition is always to push forward for the better and economics is the study of that process.
Brian Wesbury -
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.'
Murray Rothbard -
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
Friedrich August von Hayek -
The English practice of accommodating the rules of commercial law to commercial practice. The line of causation ran from economic need to legal response
Nathan Rosenberg
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Most intellectuals outside the field of economics show remarkably little interest in learning even the basic fundamentals of economics. Yet they do not hesitate to make sweeping pronouncements about the economy in general, businesses in particular, and the many issues revolving around what is called 'income distribution'.
Thomas Sowell -
Economics is a choice between alternatives all the time. Those are the trade-offs.
Paul Samuelson -
The difficulty with all of these things comes around economics and how much of what you see as your baby you are willing to give up to be part of something.
Steve Clark Def Leppard -
Economics is not brain surgery.
Benjamin Carson -
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 -
Over the long term, absent of other barriers, economics always win.
Andy Bechtolsheim
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A land ethic for tomorrow should...stress the oneness of our resources and the live-and-help-live logic of the great chain of life.
Stewart Udall -
If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash.
George Washington -
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 -
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
Thomas Sowell