1,161 Quotes About Economics

Populism offers the headless heart; ideology offers the heartless head.

REJECTION is kind of your negative ILLUSION which has no value but it’s give you a CLUE to go for next level of your ACTION.

The time has surely gone in which economists could analyze in great detail two individuals exchanging nuts for berries on the edge of the forest and then feel that their analysis of the process of exchange was complete, illuminating though this analysis may be in certain respects.

...material things become economically useful only as they receive man’s spiritual response.

All this self-styled spirituality, all these super-rational claims, if they are not rooted in charity, only lead in the end to animalism… If purity consists in a perfect abandonment to life according to the senses and the mechanism of the senses there is more of it in a brute beast than in a saint.

The culture of an age is determined according to the degree of awakening of the conscious life of its people which develops and control the form of materialistic production, distribution, and consumption.

Social institutions assume a character which may almost be called sacramental, for they are the outward and imperfect expression of a supreme spiritual reality. Like the celestial order, of which it is the dim reflection, society is stable, because it is straining upwards.

It should be noted that the conception of wealth will be bound up with a general outlook on the universe, so that if this changes, so also will the conception of wealth also change. And since every age reveals a general outlook on the universe, it is easy to conclude that each age of history has its own particular idea of wealth and hence a special economic spirit.

Socialism and democracy are not identical, but they are simply different expressions of the same principle; they belong together, supplement each other, and one can never be incompatible with the other. Socialism without democracy is pseudo-socialism, just as democracy without socialism is pseudo-democracy. The democratic state is the only feasible form for a society organized on a socialist basis.