1,161 Quotes About Economics

In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.

Christ represents originally: 1) men before God; 2) God for men; 3) men to man.Similarly, money represents originally, in accordance with the idea of money: 1) private property for private property; 2) society for private property; 3) private property for society.But Christ is alienated God and alienated man. God has value only insofar as he represents Christ, and man has value only insofar as he represents Christ. It is the same with money.

Moments are the elements of profit

Why should a financial engineer be paid four, four times... to a hundred times more than the, uh... real engineer?A real engineer build bridges, a financial engineer build, build dreams.And when those dream turn out to be nightmares, other people pay for it.

The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn't deliver the goods.

What we are dealing with here is another version of the Lacanian 'il n'y a pas de rapport ...': if, for Lacan, there is no sexual relationship, then, for Marxism proper, there is no relationship between economy and politics, no 'meta-language' enabling us to grasp the two levels from the same neutral standpoint, although—or, rather, because—these two levels are inextricably intertwined.

While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.

Th direct elimination of elimination of poverty should be the objective of all development aid. Development should be viewed as a human rights issue, not as a question of simply increasing the gross national product (GNP).

The social function of economic science consists precisely in developing soundeconomic theories and in exploding the fallacies of vicious reasoning. In the pursuit ofthis task the economist incurs the deadly enmity of all mountebanks and charlatanswhose shortcuts to an earthly paradise he debunks. The less these quacks are able toadvance plausible objections to an economist’s argument, the more furiously do theyinsult them.