418 quotes found
“We must achieve both security and solvency. In fact, the foundation of military strength is economic strength,”
“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 ...”
“As if it were Injustice to sell dearer than we buy; or to give more to a man than he merits. The value of all things contracted for, is measured by the Appetite of the Contractors: and therefore th...”
“...The reason why were strippers, is invariably more boring, more grounded in nonexistential needs like moneyand pragmatic concerns, like money.”
“It is a curious thought that the earliest description of the steam-engine in antiquity describes its use for the magic opening of the temple doors, when the priests lit the fires on the altars, to ...”
“The financial markets are not to be trusted. They expect to be given free reign to make huge profits while the sun is shining, but hasten to the shelter of the state when the skies darken.”
“In the social production of their existence, men inevitably enter into definite relations, which are independent of their will, namely relations of production appropriate to a given stage in the de...”
“ECONOMICS IS HAUNTED by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a ...”
“(1) Use mathematics as shorthand language, rather than as an engine of inquiry. (2) Keep to them till you have done. (3) Translate into English. (4) Then illustrate by examples that are important i...”
“Modern prophets say that our economics have failed us. No! It is not our economics which have failed; it is man who has failed-man who has forgotten God. Hence no manner of economic or political re...”
“All love is socioeconomic. Its the gradients in status that make arousal possible.”
“Politicians have often declared that unbridled competition among financial intermediaries promotes failures that will harm the public. Although the evidence that competition does this is extremely ...”
“... economists recognize that, other things equal, cuts in tax rates reduce tax revenues in percentage terms by less than the tax-rate reductions. Similarly, tax-rate increases do not raise tax rev...”
“Savings, remember, is the prerequisite of investment.”
“the euro, it seems, is stuck in a political no man's land trapped between two opposing world views. And the battleground is not economics, but ethics.”
“Life is like a curve, horizontally or vertically, we are at origin point”
“Every time you spend money, you're casting a vote for the kind of world you want.”
“We must realize that growth is but an adolescent phase of life which stops when physical maturity is reached. If growth continues in the period of maturity it is called obesity or cancer. Prescribi...”
“Overborrowing or overlending? Lenders encourage indebtedness because it is profitable. Developing country governments are sometimes even pressured to overborrow ... Even without corruption, it is e...”
“[Economics] is all about observing the world with genuine curiosity and admitting that it is full of mysteries”
