1,161 Quotes About Economics

He was explaining how capitalism is bad--and I could see he had a point, but at the same time, I got the feeling that socialism or communism, or whatever he's selling, is probably just as bad, and the problem is human beings can ruin anything, even if it's a good idea to begin with.

The majority is almost certainly wrong. If you can, try contributing to the global market, not the local one. If you face excessive regulation or over-taxation, move to another country.

Those who sharpen their wits too much, lose them. To be over-subtle is to be stupid, my dear sir. The world at large will never be the fenced precinct or the desert island of the professors of economics.

Economics, when you strip away the guff and mathematical sophistry, is largely about incentives.

That which is common to the greatest number has the least care bestowed upon it, everybody is more inclined to neglect the duty which he expects another to fulfil.

Why people take drugs baffles me to no end. Especially when they can't afford them.

There's nothing the bond ghouls hate more than real wage increases for anyone but themselves.

On the whole, however, it was accepted that money not only talked, but governed. All the industrialist had to get to be accepted among the governors of society was enough money.

Deleting welfare didn't eliminate poverty itself. We might as well have expected to conquer aging by overturning Social Security.