1,194 Quotes About Economy

  • Author Hendrith Vanlon Smith Jr
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    The Subjectivity of Value: Value is determined by individual buyers and sellers and not by government. There is no product or service which has a fixed or definite value. Because circumstances, scenarios, and objectives vary indefinitely, value also varies indefinitely. Value is subjective in the same way that needs are subjective.

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  • Author Adam Smith
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    The man whose whole life is spent in performing a few simple operations, of which the effects are perhaps always the same, or very nearly the same, has no occasion to exert his understanding or to exercise his invention in finding out expedients for removing difficulties which never occur. He naturally loses, therefore, the habit of such exertion, and generally becomes as stupid and ignorant as it is possible for a human creature to become.

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  • Author Jasper Fforde
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    If you want your fridge freezer and your car, a nice house, and asphalt on the roads, and a health service, then thank the weapons business. Thank the war economy that drives us to this and thank [a major corporation]. [War] is good, good for England, and especially good for the economy. You deride the weapons business, but without it we would be a 10th rate country struggling to maintain a standard of living anywhere anywhere near that of our european neighbors.

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