Economy And Economics Quotes
The best sayings about Economy And Economics that you can share on Instagram, Pinterest, Facebook and other social networks!
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Economic progress, in capitalist society, means turmoil.
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Frugality is founded on the principal that all riches have limits.
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In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated. If the world is lucky enough to enjoy peace, it may even one day make the discovery, to the horror of doctrinaire free-enterprisers and doctrinaire planners alike, that what is called capitalism and what is called socialism are both capable of working quite well.
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The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
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Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property.
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An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.
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Economics is extremely useful as a form of employment for economists.
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I would never make a good economist. You know, an economist is a man that can tell you anything about — well, he will tell you what can happen under any given condition — and his guess is liable to be as good as anybody else's, too.
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Commerce has set the mark of selfishness, the signet of its all-enslaving power, upon a shining ore, and called it gold: before whose image bow the vulgar great, the vainly rich, the miserable proud, the mob of peasants, nobles, priests, and kings, and with blind feelings reverence the power that grinds them to the dust of misery.
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Men cannot not live by exchanging articles, but producing them. They live by work not trade.
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Nobody spends somebody else's money as carefully as he spends his own.
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Few are sufficiently sensible of the importance of that economy in reading which selects, almost exclusively, the very first order of books. Why, except for some special reason, read an inferior book, at the very time you might be reading one of the highest order?
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Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy.
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Be thrifty, but not covetous.
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In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.
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In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.
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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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No one spends someone elses money as carefully as he spends his own.
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According to the Bank of England the economy is growing too fast so interest rates must rise to counter the supposed inflationary threat. In lay terms, I interpret this to mean that people are working much harder, causing economic growth, and they're in danger of spending their money, which is what the recession-hit shops want them to do. But the Bank and the City seem to think this is wrong, and that if people work harder they should be punished by having their mortgages increased.
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Economy is the method by which we prepare today to afford the improvements of tomorrow.
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No nation was ever ruined by trade.
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Economic growth may one day turn out to be a curse rather than a good, and under no conditions can it either lead into freedom or constitute a proof for its existence.
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Never spend your money before you have earned it.
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But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.
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Commerce flourishes by circumstances, precarious, transitory, contingent, almost as the winds and waves that bring it to our shores.
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The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.
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Economy is too late when you are at the bottom of your purse.
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How great, my friends, is the virtue of living upon a little!
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The science hangs like a gathering fog in a valley, a fog which begins nowhere and goes nowhere, an incidental, unmeaning inconvenience to passers-by.
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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.
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