1,161 Quotes About Economics

Rich or poor it’s nice to have money

Democracy is supposed to be ‘of the people, by the people and for the people’. Capitalism is ‘of the capitalist, for the capitalist’. Period.

We could manage to survive without money changers and stockbrokers. We should find it harder to do without miners, steel workers and those who cultivate the land

Art is the beautiful way of doing things. Science is the effective way of doing things. Business is the economic way of doing things.

Honey, it isn’t democracy that runs this country. Capitalism rules. It does no good to reason with the capitalists or their politicians. This is a class war. We have to stir up the American people, the lower class. Some of the better-off lower class do show some sympathy for us when they’re smacked with the facts. And when they voice themselves collectively, good things happen.” — Mother Jones

Goods are traded, but services are consumed and produced in the same place. And you cannot export a haircut. But we are coming close to exporting a haircut, the appointment part. What kind of haircut do you want? Which barber do you want? All those things can and will be done by a call center far away.

The bubble logic driving tulipomania has since acquired a name: “the greater fool theory.” Although by any conventional measure it is folly to pay thousands for a tulip bulb (or for that matter an Internet stock), as long as there is an even greater fool out there willing to pay even more, doing so is the most logical thing in the world.

I am a citizen of this country,” I declare, “and Mr. Mayor, tonight I will be a citizen of this city when I put my shoes under my bed. The courageous men, women and children who are with me (blocked from crossing the bridge into NYC) are also citizens of this country and will be sleeping near their shoes too. I want them with me tonight, here, in the city of New York. We are all American citizens.” — Mother Jones

إن الذي يبيعك السلام هو الذي يبيعك السلاحأى الذي يقدم لك الحياة هو الذي يدفعك إلى الموت و هو في الحالتين قد كسب فهو قد أحياك لتعيش على رغيف رخيص الثمن و تموت على صاروخ فادح الثمن