1,194 Quotes About Economy

Functional societies need algorithms which reward us for being of service to those who need it most. Instead we have algorithms which reward us for being of service to those who need it least

All ponzi schemes are upheld by a centripetal force caused by those orbiting the circles of power, celebrity and wealth and trying to get in. When the ponzi scheme reaches its point of maximum growth, the force disperses and the ponzi scheme collapses.

All of society’s problems which could be solved by money, were caused by money.

Entrepreneurship is, to most entrepreneurs, the art of using things such as the need for job creation as veils to hide the desire to make way more money than is needed.

By vice, dissipation, and extravagance, [the nobility] have been driven to the most despicable, and often the most atrocious actions, for which persons in a humble line would be exemplarily punished, while men and women of rank claim the privilege of being infamous.

Vain mistaken mortals, who, valuing themselves on names and titles, suppose that the virtues of the mind must be attached to an empty sound, when every day's experience proves that birth is disgraced, titles rendered contemptible, and riches a curse, by the vices, meanness, and dissipation of its possessors!

Do you understand economics? I mean big-time, prewar, global capitalism. Do you get how it worked? I don't, and anyone who says they do is full of shit.

The middle class were invented to give the poor hope; the poor, to make the rich feel special; the rich, to humble the middle class.

Universal Basic Income is a net transfer, so the true cost is lower than most people describe it.If you gave £1,000 a month to everyone in the country for a few months, the cost would still be in a similar ballpark to the bailout during the financial crisis and rather than bailing out the banks we would be bailing out people and small businesses, which is quite compelling.