1,161 Quotes About Economics

Inflation consists of subsidizing expenditures that give no returns with money that does not exist.

My hunch is that as the importance of a decision grows, the tendency to rely on quantitative analyses done by others tends to shrink. When the championship or the future of the company is on the line, managers tend to rely on their gut instincts.

The term cartel was virtually unknown to the American language a generation ago. Like most borrowed words, when first taken over it meant different things to different persons. Time was required to crystallize its meaning. In this country it now commonly refers to international marketing arrangements. In a companion study we have defined such a cartel as an arrangement among, or on behalf of, producers engaged in the same line of business designed to limit or eliminate competition among them.

either on a competitive or a cartel basis.

Writers are writing in every corner of the globe.Writers are writing, moreover, in rich countries and poor countries alike.

Parents are not alone in focusing their expectations on success at the graduation exam: The whole education system colludes with them. The curriculum and organization of schools often date back to a colonial past, when schools were meant to train a local elite to be the effective allies of the colonial state, and the goal was to maximize the distance between them and the rest of the populace.

So spoke the man whose importance originated in the golden harvest he had reaped with the resistless hand of force, from the the legal, but unfortunate possessors, in a far distant region, where the conviction of riches proves certain destruction to the hapless natives, and poverty is considered as the greatest crime their European plunderers can possibly be accused of.

The theory of Economics must begin with a correct theory of consumption.

لا يمكن لاي مجتمع معظم افراده منشغلين في الامور الشخصيه والخاصه ......ان يتقدم إلا بالتركيز على الاهداف المشتركة والاستراتيجيه لهذا البلد.