Top Economics Quotes

Browse top 257 famous quotes and sayings about Economics by most favorite authors.

Favorite Economics Quotes

1. "If you have hitherto disbelieved in miracles, it is worth pausing a moment to consider whether this is not chiefly because you thought you had discovered what the story was really about?—that atoms, and time and space and economics and politics were the main plot? And is it certain you were right? It is easy to make mistakes in such matters."
Author: C.S. Lewis
2. "A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives."
Author: Charles Wheelan
3. "Circles of hell. He hated to admit it, but Eugene had been right in his choice of Inferno, except their interpretations differed. Where Eugene saw only the internal battle of the privileged soul, Sunil saw the entire architecture and structures of racism and apartheid: three concentric circles of life and economics. Color-coded circles for easy understanding, whites at the heart, coloreds at the next remove, and finally, the blacks at the outermost circle; the closest to hell—the strange inverse sense of apartheid."
Author: Chris Abani
4. "Standard economics assumes that we are rational... But, as the results presented in this book (and others) show, we are far less rational in our decision making... Our irrational behaviors arevneither random nor senseless- they are systematic and predictable. We all make the same types of mistakes over and over, because of he basic wiring of our brains.-pg. 239"
Author: Dan Ariely
5. "If economics were only about profit maximization, it would be just another name for business administration. It is a social discipline, and society has other means of cost accounting besides market prices."
Author: Dani Rodrik
6. "You can't just read the Koran to understand Muslim life. You have to look at history, at personalities, at economics, and so on."
Author: Daniel Pipes
7. "But the thought leaders on talk radio and Fox do more than shape opinion. Backed by their own wing of the book-publishing industry and supported by think tanks that increasingly function as public-relations agencies, conservatives have built a whole alternative knowledge system, with its own facts, its own history, its own laws of economics."
Author: David Frum
8. "Well, I think first of all, probably the most fundamental thing is that we are a mixed-signal analog semiconductor company, which, along with some of the other well-known names in the industry, enjoys very good economics."
Author: David Milne
9. "Economic development is something much wider and deeper than economics, let alone econometrics. Its roots lie outside the economic sphere, in education, organisation, discipline and, beyond that, in political independence and a national consciousness of self-reliance."
Author: E.F. Schumacher
10. "I actually profoundly think the world's a better place when economics is fairly boring... The more boring the better."
Author: Evan Davis
11. "If you invest all your energy in economics, world commerce, parliamentarianism, military engagements, power and power politics, -if you take the quantum of intelligence, seriousness, will, and self-overcoming that you embody and expend it all in this one direction, there there won't be any left for the other direction. Culture and the state - let us be honest with ourselves - these are adversaries."
Author: Friedrich Nietzsche
12. "Journalism students need to understand it and need a solid background in the liberal arts, in sociology, economics, literature and language, because they won't get it later on."
Author: Harrison Salisbury
13. "I'm the result of upbringing, class, race, gender, social prejudices, and economics. So I'm a victim again. A result."
Author: James Hillman
14. "My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the economics of mass unemployment and international economics."
Author: James Meade
15. "At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory."
Author: James Tobin
16. "So what were your favorite subjects in school?""School?" He leaned back in his chair as though he needed the extra space to think about it. "Probably math. It always made sense. Unlike English, economics, and girls.""And exactly how do you plan on taking over the free world if you don't understand economics?""I'll hire advisers. I'll hire you, in fact.""Okay. Let me know when your army of junior high zombies is ready."
Author: Janette Rallison
17. "Answers are not enough, students should be encouraged to ask questions and explore alternatives to the norm. Entrepreneurship and invention are the backbone of the new economy, yet I doubt they get more than a nod in economics courses."
Author: Jim Hunt
18. "It's not trickle down economics. The problem that the president has is that he's rudderless on the economy. I mean, he doesn't quite know what to do. It's a wake-up on Monday and try to figure it out. It takes time to turn a supertanker, so you need to know where you need to go."
Author: John Kasich
19. "Good writing, and this is especially important in a subject such as economics, must also involve the reader in the matter at hand. It is not enough to explain. The images that are in the mind of the writer must be made to reappear in the mind of the reader, and it is the absence of this ability that causes much economic writing to be condemned, quite properly, as abstract."
Author: John Kenneth Galbraith
20. "None of this excuses anyone from mastering the basic ideas and terminology of economics. The intelligent layman must expect also to encounter good economists who are difficult writers even though some of the best have been very good writers. He should know, moreover, that at least for a few great men ambiguity of expression has been a positive asset. But with these exceptions he may safely conclude that what is wholly mysterious in economics is not likely to be important."
Author: John Kenneth Galbraith
21. "When Schulmann talked, he fired off conflicting ideas like a spread of bullets, then waited to see which ones went home and which came back at him. The sidekick's voice followed like a stretcher-party, softly collecting up the dead. (...) Sound oil policy, sound economics, sound everything. Justice it isn't. (part I, chapter 1)"
Author: John Le Carré
22. "In our time mass or collective production has entered our economics, our politics, even our religion, so that some nations have substituted the idea collective for the idea God. This in my time is the danger. There is great tension in the world, tension toward a breaking point, and men are unhappy and confused. At such a time it seems natural and good to me to ask myself these questions. What do I believe in? What must I fight for and what must I fight against?"
Author: John Steinbeck
23. "Where there is politics or economics, there is no morality."
Author: Karl Wilhelm Friedrich Schlegel
24. "It was interesting to find how dominating American vision is all over the world. I think there's something to be said about the world's mindset and its economics and all of that, and I think it affects the way we see ourselves and it affects music."
Author: K'naan
25. "The young people I teach now know they are being sold down the river before we even start studying the trends and numbers. That's the toughest part of being a high school economics teacher... being a witness when our children realize that the greatest deficit of all is a deficit of leadership."
Author: Kurt Bills
26. "Discovering various economists, economic works, reading financial periodicals and keeping up on current events in geopolitics and economics around the world opened my eyes to many facets of how the extended order works."
Author: Kurt Bills
27. "A lot of my colleagues have been people with broad interests in economics, not just narrowly focused interests."
Author: Lars Peter Hansen
28. "I work on the boundary between economics and statistics in this field called econometrics. Part of my interest is understanding how you use statistics in productive ways to analyze dynamic economic models."
Author: Lars Peter Hansen
29. "Born Virginia Marshall but nicknamed Gig, my mother was a home economics teacher who had come all the way across the whole state of Virginia, from her home on the Eastern Shore to our little Appalachian coal town to marry my daddy, Ernest Smith, whose family had lived in these mountains for generations."
Author: Lee Smith
30. "As consumers and as voters we can say 'no' to rogue economics and demand regulation."
Author: Loretta Napoleoni
31. "The trickle-down theory of economics has it that it's good for rich people to get even richer because some of their wealth will trickle own, through their no doubt lavish spending, upon those who stand below them on the economic ladder. Notice that the metaphor is not that of a gushing waterfall but of a leaking tap: even the most optimistic endorsers of this concept do not picture very much real flow, as their language reveals" pg. 102."
Author: Margaret Atwood
32. "Recommending gastric bypass as a national solution for our diabetes epidemic is bad medicine and bad economics."
Author: Mark Hyman
33. "Romney economics would spell disaster for America's middle class. In this economy there are shipbuilders and ship wreckers."
Author: Martin O'Malley
34. "The only rule that ever made sense to me I learned from a history, not an economics, professor at Wharton. "Fear," he used to say, "fear is the most valuable commodity in the universe." That blew me away. "Turn on the TV," he'd say. "What are you seeing? People selling their products? No. People selling the fear of you having to live without their products." Fuckin' A, was he right. Fear of aging, fear of loneliness, fear of poverty, fear of failure. Fear is the most basic emotion we have. Fear is primal. Fear sells."
Author: Max Brooks
35. "Once again the Scriptures are a lodestar, a benchmark, the plumb line steadies us and steers us clear of what is happening in the world and gives us a glimpse of history and politics, economics and daily experiences from God's point of view. Going back to this mother lode of wisdom and knowledge, inspired by God, brings grace and further insight not found in other devotional materials."
Author: Megan McKenna
36. "Arbitrage proof has since been widely used throughout finance and economics."
Author: Merton Miller
37. "We all know how 'modern democracies take loaves from the wealthy.' It's the slipups in the 'pass them out to the poor' department that inspire a study of Economics."
Author: P.J. O'Rourke
38. "I started in college as a business major and finally transferred to home economics and studied making clothes."
Author: Phillip Lim
39. "My mother is an office manager, my father a professor of economics and financial planner."
Author: Poppy Z. Brite
40. "We can act to deal with the consequences of the earthquake and tsunami, but the disaster was only faintly political in the economics and indifference...the relief will be very political, in who gives how much (Bush offering 15 million, then 35 million under pressure, the cost of his inauguration and then 350 million under strong international pressure)...but the event itself transcends politics, the realm of things we cause and can work to prevent. We cannot wish that human beings were not subject to the forces of nature, including the mortality... we cannot wish for the seas to dry up, that the waves grow still, that the tectonic plates ceast to exist, that nature ceases to be beyond our abilities to predict and control... But the terms of that nature include such catastrophe and suffering, which leaves us with sorrow as not a problem to be solved but a fact. And it leaves us with compassion as the work we will never finish"
Author: Rebecca Solnit
41. "He loved his job, which allowed time to do it without comparing his performance to others'. He loved the economics of death: hastening a person's passage into the afterlife not only provided him with a good living: it gave work to coroners, beat cops, detectives, crime scene technicians, the people who made fingerprint powder and luminal and other sundry chemicals and devices - not to mention firearm, ammunition, coffin, and tissue manufacturers - obituary writers, crime reporters, novelists."
Author: Robert Liparulo
42. "Look at the declining television coverage. Look at the declining voting rate. Economics and economic news is what moves the country now, not politics."
Author: Robert Teeter
43. "I will check the internet for at least an hour every morning scanning worldwide news to do with child abuse. So if you're constantly putting yourself in an environment where you're checking up on social economics or homelessness problems, if you keep yourself aware of it, you don't really have a day off."
Author: Samantha Morton
44. "If the rewards to authors go down, simple economics says there will be fewer authors. It's not that people won't burn with the passion to write. The number of people wanting to be novelists is probably not going to decline - but certainly the number of people who are going to be able to make a living as authors is going to dramatically decrease."
Author: Scott Turow
45. "My folks are economists and have taught economics and social science so I grew up with those kind of conversations around the dinner table."
Author: Seth Gordon
46. "First of all, just because the Tea Party people appear to be generally uneducated, ignorant about the political process, ignorant about economics, confused about their own platform from the beginning, and indelicate when it comes to the craft of diplomacy, doesn't mean they're wrong."
Author: Steven Van Zandt
47. "They aren't afraid to take risks, but they don't gamble. They are generous but not extravagant. They thrive on beauty of economics, the fact that it is both art and science."
Author: Susan Meissner
48. "We still don't know how to put morality ahead of politics, science, and economics. We are still incapable of understanding that the only genuine backbone of our actions-if they are to be moral-is responsibility. Responsibility to something higher than my family, my country, my firm, my success."
Author: Václav Havel
49. "... toxic derivatives were underpinned by toxic economics, which, in turn, were no more than motivated delusions in search of theoretical justification; fundamentalist tracts that acknowledged facts only when they could be accommodated to the demands of the lucrative faith. Despite their highly impressive labels and technical appearance, economic models were merely mathematized versions of the touching superstition that markets know best, both at times of tranquility and in periods of tumult."
Author: Yanis Varoufakis
50. "It's not about revenues: The fundamental economics in digital business is scale and margins. The top line has become the bottom line."
Author: Yuri Milner

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It's not that kind of love. It's the real kind. The unconditional kind. The nonjudgemental kind. Not the physical kind. I love you as a fellow soul who inhabits this earth. I love you as a fellow immortal. I love you because I finally understand what made you the way you are. And if I could change it, I would. But I can't—so I choose to love you instead. And my hope is that my acceptance of you will spur you to do something good too, but if not—" I shrug. "At least I can say I tried."
Author: Alyson Noel

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