1,161 Quotes About Economics

Higher prices are the symptom, not the cause, of currency collapse.

When an entrepreneur becomes a billionaire by sucking all the resources from the world, nobody calls them a thief, yet when a homeless person steals a loaf of bread it is considered a heinous crime against humanity. If this is humanity, then I beg to report, you people are worse than animals.

Very few of us are Tolstoys or Gandhis, let alone bodhisattvas. We are just ordinary human beings caught in the groove of working or bringing up families, or for too many, merely surviving. Our lives offer only limited choices. However, peace does start with the individual, and even in the most mundane of lives it can be expressed in vivid and compelling ways.

. I believe peace, when properly defined, is the first fundamental human right that makes all other rights possible. The right to life, liberty and the pursuit of happiness, to use the examples enshrined as ‘unalienable rights’ in the US Constitution, will remain forever out of reach in the absence of peace.

The deficit, then, is not the difference between what America spends and what America earns; it is, to a striking extent, the difference between what the rich owe and what the rich pay.

The day the world learns to measure the net worth of an entrepreneur based on their direct involvement in social welfare and not with money, is the day we'll begin to make substantial strides in eradicating poverty and hunger.

In an illuminating comment on the financialisation of business, Jack Welch — now long retired from General Electric — would in 2009 proclaim shareholder value 'the dumbest idea in the world.

The curious mind embraces science; the gifted and sensitive, the arts; the practical, business; the leftover becomes an economist

For many people the thrill of having more is intensified by the presence of those who have less. Waste is not the issue here. To many greedy individuals, power lies in withholding resources.