1,161 Quotes About Economics

In manufacturing, where mechanization and the use of chemical processes are much easier, it is easier to raise productivity than in services. In contrast, by their very nature, many service activities are inherently impervious to productivity increase without diluting the quality of the product.

Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it.

The surtax payers, having been soaked, have found a way to get out of the rain.

I have never read it. You should not waste your time.

The problem with vaccines is not a new problem, ... For the last decade, we have had reduction in the number of vaccine manufacturers. ...The issue comes down primarily to economics ... Profit margins are small.

An economist is a surgeon with an excellent scalpel and a rough-edged lancet, who operates beautifully on the dead and tortures the living.

Respectable Professors of the Dismal Science.

There can be economy only where there is efficiency.

It struck me that favourable variations would tend to be preserved and unfavourable ones tend to be destroyed