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Economics's Quotes


  The love of economy is the root of all virtue.  
 -  George Bernard Shaw
  

  When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.  
 -  Warren Buffett
  

  Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it.  
 -  Ronald Reagan
  

  I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.  
 -  Thomas Jefferson
  

  An economy hampered by restrictive tax rates will never produce enough revenue to balance our budget, just as it will never produce enough jobs or enough profits  
 -  John F. Kennedy
  

  Economics is extremely useful as a form of employment for economists.  
 -  John Kenneth Galbraith
  

  People want economy and they will pay any price to get it.  
 -  Lee Iacocca
  

  Our choice of a reform framework dictated that we looked at the fundamental assumptions that had driven Nigeria's economy, society and policy hitherto and to seek ways of either abandoning or transcending those assumptions and their supporting institutions.  
 -  Ibrahim Babangida
  

  There are no doubts that, the situation in the country today, indicates that there is much more work to do in the process of reforming the political economy and improving the quality of life of our people and communities.  
 -  Ibrahim Babangida
  

  A strong economy causes an increase in the demand for housing; the increased demand for housing drives real-estate prices and rentals through the roof. And then affordable housing becomes completely inaccessible.  
 -  William Baldwin
  

  The challenge as we saw in the Nigerian project was to restructure the economy decisively in the direction of a modern free market as an appropriate environment for cultivation of freedom and democracy and the natural emergence of a new social order.  
 -  Ibrahim Babangida
  

  True individual freedom cannot exist without economic security and independence. People who are hungry and out of a job are the stuff of which dictatorships are made.  
 -  Franklin D. Roosevelt
  

  Classic economic theory, based as it is on an inadequate theory of human motivation, could be revolutionized by accepting the reality of higher human needs, including the impulse to self actualization and the love for the highest values.  
 -  Abraham Maslow
  

  The political system is broken, the economy is broken and so is society. That is why people are so depressed about the state of our country.  
 -  David Cameron
  

  It is vital that we get these policies right as we take forward our plans to drive down the deficit and transform our economy.  
 -  David Cameron
  

  I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue.  
 -  David Cameron
  

  The economy is like a machine.  
 -  Salvador Dali
  

  The economy of a novelist is a little like that of a careful housewife who is unwilling to throw away anything that might perhaps serve its turn.  
 -  Graham Greene
  

  The gap in our economy is between what we have and what we think we ought to have - and that is a moral problem, not an economic one.  
 -  Paul Heyne
  

  A creative economy is the fuel of magnificence  
 -  Ralph Waldo Emerson
  

  Innovations that are guided by smallholder farmers, adapted to local circumstances, and sustainable for the economy and environment will be necessary to ensure food security in the future.  
 -  Bill Gates
  

  Five years ago, we thought of the Web as a new medium, not a new economy.  
 -  Clement Mok
  

  The petty economics of the rich are just as amazing as the silly extravagances of the poor  
 -  William Feather
  

  We have always known that heedless self-interest was bad morals; we now know that it is bad economics.  
 -  Franklin D. Roosevelt
  

  In economics, the majority is always wrong.  
 -  John Kenneth Galbraith
  

  Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves.  
 -  Herbert Hoover
  

  Economy is the method by which we prepare today to afford the improvements of tomorrow  
 -  Calvin Coolidge
  

  Economists are pessimists: they've predicted 8 of the last 3 depressions  
 -  Barry Asmus
  

  In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.  
 -  John Kenneth Galbraith
  

  Arbitrage proof has since been widely used throughout finance and economics.  
 -  Merton Miller
  

  To paraphrase Winston Churchill, I did not take the oath I have just taken with the intention of presiding over the dissolution of the world's strongest economy.  
 -  Ronald Reagan
  

  The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.  
 -  Thomas Sowell
  

  We are endeavoring, too, to reduce the government to the practice of a rigorous economy, to avoid burdening the people, and arming the magistrate with patronage of money, which might be used to corrupt and undermine the principles of our government  
 -  Thomas Jefferson
  

  True individual freedom cannot exist without economic security and independence. People who are hungry and out of a job are the stuff of which dictatorships are made.  
 -  Franklin D. Roosevelt
  

  It is really gratifying, for example, to visit India now and see that because they've had good educational institutions, and they've had a focus on it, there are more and more people in India participating in the world economy.  
 -  Bill Gates