Economics Quotes

Economic freedom has no security without political freedom, and political freedom can find its security only in economic freedom.

I don't care who writes a nation's laws - or crafts its advanced treaties - if I can write its economics textbooks.

Look at the declining television coverage. Look at the declining voting rate. Economics and economic news is what moves the country now, not politics.

I am saying that the economic approach provides a valuable unified framework for understanding all human behaviour

It economics is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions.

We are seeing the birth of a new perspective of the world, where ecology and economics are two sides of the same coin.

Marxian exploitation is the exploitation of people's lack of understanding of economics.

Someone bemoaned that there were so few women in economics. But there are also very few men in economics.

In a world where profit is consistently put before both people and the planet, climate economics has everything to do with ethics and morality.

We sense that ‘normal’ isn’t coming back, that we are being born into a new normal: a new kind of society, a new relationship to the earth, a new experience of being human.

In proportion as you give the state power to do things for you, you give it power to do things to you.

The only thing worse than being exploited by capitalism is not being exploited by capitalism.

Every socialist is a disguised dictator.

The close relationship between politics and economics is neither neutral nor coincidental. Large governments evolve through history in order to protect large accumulations of property and wealth.

People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism.

Economics is haunted by more fallacies than any other study known to man

What the people here have said is that given the enormous crises facing our country, it is just too late for the same old, same old establishment politics and establishment economics.

We have always known that heedless self interest was bad morals, we now know that it is bad economics.

Geniuses and prophets do not usually excel in professional learning, and their originality, if any, is often due precisely to the fact that they do not.

Supply creates its own demand.

What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.

Laissez faire (in its full true meaning) opens the way to the realization of the noble dreams of socialism.

There are sufficient resources in the world for the needs of everybody, but not enough for the greed of even a significant minority.

Inflation is always and everywhere a monetary phenomenon.

War has been the necessary and inevitable consequence of the establishment of a monopoly on security.

In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.

If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.

Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.

Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of study.

Capitalism tries for a delicate balance: It attempts to work things out so that everyone gets just enough stuff to keep them from getting violent and trying to take other people’s stuff.

The consequences for human welfare involved in questions about human capital spillovers are simply staggering. Once one starts to think about them, it's hard to think of anything else

One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we're in.

No people and no part of a people shall be held against its will in a political association that it does not want.

History shows that where ethics and economics come in conflict, victory is always with economics.

Public space is for living, doing business, kissing, and playing. Its value can't be measured with economics or mathematics; it must be felt with the soul.

If you don't own Gold, you know neither history nor economics.

The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.

The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured in terms of money are the only ones that ought to count.

The problem is a lot of what is called economics is not economics. It is more ideology or religion.

Economics is not about things and tangible material objects; it is about men, their meanings and actions.

In economics, the majority is always wrong.

But part of the job of economics is weeding out errors. That is much harder than making them, but also more fun.

I define anarchist society as one where there is no legal possibility for coercive aggression against the person or property of any individual.

Property monopolized or in the possession of a few is a curse to mankind.

There ain't no such thing as a free lunch.

The real problems of our planet are not economic or technical, they are philosophical. The philosophy of unbridled materialism is being challenged by events.

Climate change: Don't undermine the science just because you don't like the economics

The lesson from behavioral economics is that people only save if it's automatic.

In the long run we are all dead.

Protectionism is the institutionalization of economic failure.