1,161 Quotes About Economics

We give more economic aid to multinational corporations to increase their profits than we do to all the countries in the world combined.

Rights" are something made up by governments to make you feel like you're buying something with your taxes.

Some say it's wrong to profit from the misfortune of others. I ask my students whether they'd support a law against doing so. But I caution them with some examples. An orthopedist profits from your misfortune of having broken your leg skiing. When there's news of a pending ice storm, I doubt whether it saddens the hearts of those in the collision repair business. I also tell my students that I profit from their misfortune—their ignorance of economic theory.

The free enterprise concept inherent in the economic model of capitalism should mean common people, or lower and middle class wage-earners, have greater potential to rise up and gain financial independence. In reality, however, free enterprise all too often leads to an almost total lack of government regulation that in turn allows the global elite to run amuck in Gordon Gecko-style financial coups.

There are sufficient resources in the world for the needs of everybody, but not enough for the greed of even a significant minority.

But the economy's out of control. Money just doesn't need human beings anymore. Most of us only get in the way.

The technical developments of almost every form of wealth [e.g., oil, minerals] are the forebears of Big Business; and Big Business, directly or indirectly, is the immediate cause of War.

Printing currency for foreigners to buy is the best racket a government can get into.

For the same reason a disease cannot be cured by more of the germ that caused it, the inflation and debt accumulation of the Obama years will not inflate our way out of it.