Discover the most popular and inspiring quotes and sayings on the topic of Economically. Share them with your friends on social media platforms like Facebook, Twitter, or your personal blogs, and let the world be inspired by their powerful messages. Here are the Top 100 Economically Quotes And Sayings by 92 Authors including Bob Farrell,Ben Bernanke,Alexander Hamilton,Adam Davidson,Paul Ormerod for you to enjoy and share.
The public buys the most at the top and the least at the bottom.
Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.
Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.
One of the great political and economic challenges of our time is figuring out the balance between wealth that benefits society and wealth that distorts.
We need to abandon the economist's notion of the economy as a machine, with its attendant concept of equilibrium. A more helpful way of thinking about the economy is to imagine it as a living organism.
Economics is sometimes associated with the study and defense of selfishness and material inequality, but it has an egalitarian and civil libertarian core that should be celebrated.
Economics is organized common sense.
Many markets work best with little or no outside interference. But others - especially those subject to big 'externalities' - need a helping hand.
If you say "the economy," you show you're stupid. There's no such thing as the economy. There is not a unity between the forces of production and the relations of production.
We believe that economics does not necessarily have to be a zero-sum game; it can be a win-win proposition for everyone involved so long as they have the tools in which to succeed.
First of all, I am not an expert on matters on different economic systems, but in my normal social intercourse with my friends we discussed matters like that.
In the market economy the price that is offered is counted upon to produce the result that is sought.
The delicate and intricate pattern of competition and cooperation in the economic behavior of the hundreds of thousands of citizens of Stockholm offers a challenge to the economist that is perhaps as complex as the challenges of the physicist and the chemist.
Too large a proportion of recent "mathematical" economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities and interdependencies of the real world in a maze of pretentious and unhelpful symbols.
Economic strength to make a start. How do you expect
As an economist, I'm aware that life is full of trade offs.
The personal is not just political. It is also economic.
Money is economic power.
Instead of ideological objectives of a political nature, today we are faced with ideological objectives of economic nature.
Economics is the study of how society manages its scarce resources.
The economy is like a machine.
The general fact is that the most effective way of utilizing human energy is through an organized rivalry, which by specialization and social control is, at the same time, organized co-operation.
The lnternet is turning economics inside-out. For example, everybody on the internet now wants stuff for free and there are so many free services available.
I'm not going to put my lot in with economists.
Economics evolved as a more moral and more egalitarian approach to policy than prevailed in its surrounding milieu. Let's cherish and extend that heritage. The real contributions of economics to human welfare might turn out to be very different from what most people - even most economists - expect.
Economy, the poor man's mint.
People. Products. Profits. In that order.
People believe that through the American way of life they can work together to encourage wider ownership of economic activities. In this way, they believe they can develop an economy of abundance which will provide a maximum of security and freedom.
Economics is primarily useful, both to the student and to the
political leader, as a prophylactic against popular fallacies.
Prosperity and abundance in a society depend on a certain type of person: the producer. Societies with few producers stagnate and decay, while nations with a large number of producers vibrantly grow-in wealth, freedom, power, influence and the pursuit of happiness.
Economics has made good on its promise to deliver prosperity and democratic freedom to much of the world, but in doing away with the age-old problems of humanity, it has opened up a crisis of an entirely new variety.
There can be economy only where there is efficiency.
Unsustainable situations usually go on longer than most economists think possible. But they always end, and when they do, it's often painful.
The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-given supplies, as it is in the animal kingdom. Rather, it is a competition in the positive creation of new and additional wealth.
Idleness and pride tax with a heavier hand than kings and governments.
The economy is a very sensitive organism.
Intelligent people make decisions based on opportunity costs.
The economics we need is of the "seminar room" variety, not the "rule-of-thumb" kind. It is an economics that recognizes its limitations and caveats and knows that the right message depends on the context. The fine print is what economists have to contribute.
Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.
It has been shown that, in contrast to everything which classical national economy has hitherto taught, not the producer but the consumer is the ruling factor in economic life.
The success of our economy has always depended not just on the size of our gross domestic product, but on the reach of our prosperity; on the ability to extend opportunity to every willing heart - not out of charity, but because it is the surest route to our common good.
Often, what you see in the media is driven by economic forces.
The economy is not an abstraction. The economy consists of people, and it will only grow if people feel secure and are reasonably free.
If you don't want to cry about the state of the economy, why not laugh instead? This book is an ideal introduction to the subject for anybody who thinks they ought to understand what's happening around them but is put off by the usual dense text and economics jargon.
Economics is the science that studies how people and societies make decisions that allow them to get the most out of their limited resources.
In a world where for pedagogic and other purposes a very large number of economists is required, an arrangement which discourages many of them from
Political Economy as a branch of science is extremely modern; but the subject with which its enquiries are conversant has in all ages necessarily constituted one of the chief practical interests of mankind.
Rich gets richer with the expenses of the poorest
Wealth flows from energy and ideas.
In economic life competition is never completely lacking, but hardly ever is it perfect.
Economics is a very dangerous science.
On the market, all is harmony. But as soon as intervention appears and is established, conflict is created, for each may participate in a scramble to be a net gainer rather than a net loser - to be part of the invading team instead of one of the victims.
The notion that economic life is a distinct realm, governed by immutable laws of narrow self-interest, is giving way to a much older notion: economic life is only one strand in the rich web of human relationships.
Civilization and profits go hand in hand
Economic systems are not value-free columns of numbers based on rules of reason, but ways of expressing what varying societies believe is important.
It is unquestionably true that the need for art is not created by economic conditions. But neither is the need for food created by economics. On the contrary, the need for food and warmth creates economics.
The world economy diffuses rather than concentrates wealth.
Welcome to the blood bath! If you are looking for Economics 101 ... you are in the wrong fucking place, my friend! If you seek the Circle, this is Mecca!
Priorities lead to prosperity.
Give an economist a result you want, and he'll find the numbers to justify it.
Human creativity is the ultimate economic resource.
Give the individual the power to be a producer as well as a consumer.
Good economics is good politics.
Economics is not an attempt to generalize human desires or human behavior; but to generalize the phenomena of price.
Like nature itself, modern economic life is driven by relentless competition and unbridled selfishness. Or is it?
Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechanistic system and embraces the much more accurate idea of an economy as a complex ecosystem made up of real people who are dependent on one another.
Give me a one-handed economist! All my economists say, On the one hand on the other.
First problem. To produce wealth. Second problem. To distribute it.
Economics is really politics in disguise.
The human race has had long experience and a fine tradition in surviving adversity. But we now face a task for which we have little experience, the task of surviving prosperity.
Economics is a social science, not a physical science.
Society can take two roads - the road to genuine prosperity, or the road to artificial stimulus. The first results in a permanent higher standard of living for all; the latter creates an inflationary boom that cannot last.
The flames of a new economic evolution run around us, and we turn to find that competition has killed competition, that corporations are grown greater than the State . . . and that the naked issue of our time is with property becoming master, instead of servant.
A market is not politically neutral; its existence creates economic power which one actor can use against another.
Modern warfare is by no means merely a matter of military operations. Economic affairs stand together with them in the first rank of the factors of importance.
Economics and ethics are not mutually exclusive.
Good economic theory must give the people the chance to use their talents to build their own lives. We must get away from the traditional route where the rich will do the business and the poor will depend on private or public charity.
I want a theory to come out to guide policy.
Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.
I'll say this for adversity: people seem to be able to stand it, and that's more than I can say for prosperity.
A virtuous and industrious people may be cheaply governed.
People dreaming ,economists steals their dreams and politicians kills it
Economies are risky. Some industries rise, and others implode, like housing. Some places get richer, and others drop, like Atlantic City. Some people get new jobs that pay better, many lose their jobs or their wages.
The market is the creator of social wealth and the wellspring of self-sustaining economic development.
Commerce is the equalizer of the wealth of nations.
The world is richer than ever, and the gaps between rich and poor are wider.
Among the members of these upper income groups are US academic economists, many of whom believe that the economy of the United States is working fairly well and, in particular, that it rewards talent and merit accurately and precisely. This is a very comprehensible human reaction.
It is a choice, and therefore within the province of economics.
Great wealth, like a crowd at a concert,
Gathers and melts.
A successful economy depends on the proliferation of the rich, on creating a large class of risk-taking men who are willing to shun the easy channels of a comfortable life in order to create new enterprise, win huge profits, and invest them again.
We need an economics fit for purpose in a finite and entropic world.
There is a possibility of economic growth through honesty and truth.
Economics, n.: Economics is the study of the value and meaning of J. K. Galbraith ...
Economics is not a gay science. It is a dreary, desolate, and indeed quite abject and distressing one; what we might call, by way of eminence, the dismal science.
People can change the volume, the location and the composition of their income, and they can do so in response to changes in government policies.
Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of man's human existence.
Individual initiative alone and the mere free play of competition could never assure successful development. One must avoid the risk of increasing still more the wealth of the rich and the dominion of the strong, whilst leaving the poor in their misery and adding to the servitude of the oppressed.
Success need not always be measured in economic terms. It has to be measured in quality of life.
If you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.
Laissez-faire, supply and demand-one begins to be weary of all that. Leave all to egotism, to ravenous greed of money, of pleasure, of applause-it is the gospel of despair.