1,161 Quotes About Economics

Don't trust banks, trust math.

Poverty is the biggest and most glorified cult in the history of human kind. In the concept of African moral philosophy it's unnecessary but however other nations capitalize on it to run the economic machine.The rules are extreme when it comes to economics. You cannot build a nation without spilling the blood of another.Makes me wonder if Africa is ready to pick up a sword and defend itself.

In economics, models are spoken of as being made of physics when in truth they are made of Lego. They have that degree of provisionality and tentativeness and, importantly, rebuildability. There's a permanent invitation to take them apart and put them together again in a form that works better.

Incorporating cryptocurrency in the traditional centralized financial system not only speeds up transactions exponentially, but also it makes the system more user-friendly, whereas in a decentralized system cryptocurrency will only breed insecurity and chaos, due to the utter absence of liability.

Sustainable growth, a phrase beloved by politicians, is an oxymoron. In a world of finite size, with limited resources, sustained growth of any material thing, such as a population or an economy, is not possible. Physical objects or processes cannot grow forever in a finite world. Understanding this simple fact is central to any understanding of sustainability.

One of the main reasons for market failure in the U.S. healthcare industry is because we are uninformed consumers.

Anyone under the age of 65 that has private health insurance is not the true customer in American healthcare. Large and small group employers are.

CONFIDENCE is not showing off your VANITY, it’s about to be HUMBLED and KIND to others what are you truly SKILLED and PROFESSIONAL about…

The future belongs to the socialism which is democratic, to the democracy which is socialist.