1,161 Quotes About Economics


  • Author Abhijit Naskar
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    If you need to buy a cell and you have a thousand dollars for it, then instead of wasting the entire thousand dollars on one phone, use three hundred dollars for it, and with the rest buy some food and clothes from street vendors and distribute them among the homeless people in the block. This way you are not only buying a cellphone, but also empowering small businesses as well as helping the poor. And that’s the way to end economic disparities.

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  • Author Rick Wilson
  • Quote

    As a result of Trump’s train-wreck trade war with China and the rest of the world, Midwest farmers have lost many of their international markets; to mitigate the political damage, the Trump administration has showered them with “relief payments” to the tune of over $28 billion. It’s red-hat instead of red-banner socialism. But don’t dare call it that—it’s just the government redistributing wealth because of its failed attempt to manipulate markets and dictate production.

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