1,161 Quotes About Economics

In the Soviet Union you weren’t allowed to speak out against the government. In the US you cannot speak out against sponsors.

There is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system...

Knowledge is the best economy we can have.

To attempt to increase the wealth of any country, either by introducing or by detaining in it an unnecessary quantity of gold and silver, is as absurd as it would be to attempt to increase the good cheer of private families by obliging them to keep an unnecessary number of kitchen utensils.

In effect, the poor person is a rich person left to fend for him or herself, without the support of institutions that help the person to take 'good' decisions.

The communists may not have done very well in the end, but I can't help thinking of capitalism as merely the go-to religion of the greedy and selfish.

Imagine the big rating agencies as three competitive saloons standing side by side, with each free to set its own drinking age. Before long, nine-year-olds would be downing bourbon

There are three laws that govern our universe - laws of physics, laws of nature, and spiritual laws. Like the laws of physics and nature, spiritual laws are just as precise as any mathematics equation.

And yet all the gold is in England, it is dug up from Portuguese and Spanish mines, but it flows by some occult power of attraction to the Tower of London.” “Flows,” Caroline repeated. “Flows, like a current.” Sophie nodded. “And the English have grown so used to this that they use ‘currency’ as a synonym for money, as if no distinction need be observed between them.