Browsing Topic Best Economics Quotes

Few things help an individual more than to place responsibility upon him, and to let him know that you trust him.

Facts do not cease to exist because they are ignored.

The production of too many useful things results in too many useless people.

Goodness is the only investment that never fails.

If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash.

The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.

A socialist is somebody who doesn’t have anything, and is ready to divide it up equally among everybody.

Buy land. They ain’t making any more of the stuff.

Don’t let anybody tell you it’s corporations and businesses that create jobs.

Quality is never an accident. It is always the result of intelligent effort.

It’s not crazy to think we can create a world in which humanitarian principles replace soulless economics as the ordering principle for our civilization. What’s genuinely insane is to think humanity will survive another hundred years if we do not.

Corporations are social institutions. If they don’t serve society, they have no business existing

How sad to see a father with money and no joy. The man studied economics, but never studied happiness.

People work in the system. Management creates the system

I am saying that the economic approach provides a valuable unified framework for understanding all human behaviour.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.

It is better to create than to learn! Creating is the essence of life.

There was never anything so well devised by men which in continuance of time hath not been corrupted

Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.

When you subsidize something, you get more of it.

Those who seek absolute power, even though they seek it to do what they regard as good, are simply demanding the right to enforce their own version of heaven on earth. And let me remind you, they are the very ones who always create the most hellish tyrannies. Absolute power does corrupt, and those who seek it must be suspect and must be opposed.

Socialism, like the ancient ideas from which it springs, confuses the distinction between government and society. As a result of this, every time we object to a thing being done by government, the socialists conclude that we object to its being done at all . . . . It is as if the socialists were to accuse us of not wanting persons to eat because we do not want the state to raise grain

It is consciousness that sets all limits of life, if there are any limits.

Our necessities are few, but our wants are endless.

There are people who think that plunder loses all its immorality as soon as it becomes legal. Personally, I cannot imagine a more alarming situation.

No organism can afford to be conscious of matters with which it could deal at unconscious levels. Broadly, we can afford to sink those sorts of knowledge which continue to be true regardless of changes in the environment, but we must maintain in an accessible place all those controls of behavior which must be modified for every instance. The economics of the system, in fact, pushes organisms toward sinking into the unconscious those generalities of relationship which remain permanently true and toward keeping within the conscious the pragmatic of particular instances.

Politics, as any observer of the modern world knows, is the enemy of economics, everywhere and always.

It’s all to do with the training: you can do a lot if you’re properly trained.

Economics brings into full view that conflict of choice which is one of the permanent characteristics of human existence.

It’s no accident that capitalism has brought with it progress, not merely in production but also in knowledge. Egoism and competition are, alas, stronger forces than public spirit and sense of duty.

Of course, there’s been a real debate about where to invest and where to cut, and I’m committed to working with members of both parties to cut our deficits and debt. But we can’t simply cut our way to prosperity.

A ‘mixed economy’ is a society in the process of committing suicide.

Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.

All lasting business is built on friendship.

Economics is not brain surgery.