1,161 Quotes About Economics


  • Author Yuval Noah Harari
  • Quote

    Though it has no intrinsic value – you cannot eat or drink a dollar bill – trust in the dollar and in the wisdom of the Federal Reserve is so firm that it is shared even by Islamic fundamentalists, Mexican drug lords and North Korean tyrants.

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  • Author Richard J. Maybury
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    The law of supply and demand affects money just as it affects pencils and everything else. If there is very little money the money is very valuable and it will buy a great deal. But if there is a lot of money it is not so valuable and it will buy very little .

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  • Author Robert B. Reich
  • Quote

    The system is created by people. The question is, 'Which people?' The central issue is not more or less government. It’s 'Who is government for?'. In other words, it’s all a question of power — who has it and who doesn’t.

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  • Author Errico Malatesta
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    Money is a powerful means of exploitation and oppression; but it is also the only means (apart from the most tyrannical dictatorship or the most idyllic accord) so far devised by human intelligence to regulate production and distribution automatically. For the moment, rather than concerning oneself with the abolition of money one should seek a way to ensure that money truly represents the useful work performed by its possessors. . . .

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  • Author Henry M. Wriston
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    A guidance counselor who has made a fetish of security, or who has unwittingly surrendered his thinking to economic determinism, may steer a youth away from his dream of becoming a poet, an artist, a musician or any other of thousands of things, because it offers no security, it does not pay well, there are no vacancies, it has no "future".

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