Economic Quotes
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Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.
Friedrich August von Hayek
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If increased government spending with borrowed or newly created money is a 'stimulus,' then the Weimar Republic should have been stimulated to unprecedented prosperity, instead of runaway inflation and widespread economic desperation that ultimately brought Adolf Hitler to power.
Thomas Sowell
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It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.
Murray Rothbard
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I think the rise of China is one of the great events of all economic and human history, and I think this will be overwhelmingly a positive thing for the region and the world.
Paul Keating
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For China to continue to enjoy economic prosperity, it needs to foster trusting international relationships, not tensions ... and it is important for China to understand this.
Shinzo Abe
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Three-fifths to two-thirds of the federal budget consists of taking property from one American and giving it to another. Were a private person to do the same thing, we'd call it theft. When government does it, we euphemistically call it income redistribution, but that's exactly what thieves do - redistribute income. Income redistribution not only betrays the founders' vision, it's a sin in the eyes of God.
Walter E. Williams
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Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state.
Carl Menger
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If environmental protection efforts continue to lag behind economic growth, pollution will become even more rampant.
Zhou Shengxian
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The road to energy independence, economic recovery, and greenhouse gas reductions runs through the building sector.
Edward Mazria
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In America, quite often, for people from a certain economic position two choices become very evident as to their adult life. One is crime, one is the military. And it is quite often that some people choose one or the other, their options not being as many as someone from a higher income.
Henry Rollins
Black Flag
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I think Russia has made a serious mistake. It has demonstrated its willingness to use its gas as a political and economic tool.
William Ramsay
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A few decades ago, the Irish decided they were tired of being always near the bottom of Europe's economic indicators. So they envisioned a better future for their country, and they put their people on the right road to get there.
Evan Bayh