Economics Quotes - Page 2

• If we knew what it was we were doing, it would not be called research, would it?

  Albert Einstein

  Love, Inspirational, Funny

  "Personal Quotes/ Biography". www.imdb.com.

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• Economically considered, war and revolution are always bad business.

  Ludwig von Mises

  Money, War, Revolution

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• The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.

  Ludwig von Mises

  Country, Men, Numbers

  Ludwig Von Mises (2008). “Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses”

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• A lasting order cannot be established by bayonets.

  Ludwig von Mises

  Peace, War, Order

  Ludwig Von Mises (1985). “Omnipotent Government: The Rise of the Total State and Total War”, Libertarian Press

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• Improve your business, your life, your relationships, your finances and your health. When you do the whole world improves.

  Mark Victor Hansen

  Business, Self Improvement, World

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• Economic growth without social progress lets the great majority of the people remain in poverty, while a privileged few reap the benefits of rising abundance.

  John F. Kennedy

  Business, People, Growth

  Kennedy, John F. (1962). “Public Papers of the Presidents of the United States: John F. Kennedy, 1961”, p.178, Best Books on

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• Our necessities are few, but our wants are endless.

  George Bernard Shaw

  Desire, Want, Endless

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• The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.

  Joan Robinson

  Learning, Answers, Deceit

  "Marx, Marshall and Keynes" (1955)

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• A good portfolio is more than a long list of good stocks and bonds. It is a balanced whole, providing the investor with protections and opportunities with respect to a wide range of contingencies.

  Harry Markowitz

  Business, Opportunity, Long

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  If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

  Milton Friedman

  Government, Years, Political

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• If all the economists were laid end to end, they'd never reach a conclusion.

  George Bernard Shaw

  Money, Business, Saving

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• Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.

  Bill Vaughan

  Mean, Alternatives, Behaviour

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• Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.

  Kenneth E. Boulding

  Rigor Mortis, Mathematics, Rigor

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• Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.

  Frederic Bastiat

  Government, Second Amendment, Liberty

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• Economics is a subject that does not greatly respect one's wishes.

  Nikita Khrushchev

  Wish, Doe, Subjects

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• It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.

  Adam Smith

  Business, Invisible Hand, Government

  An Inquiry into the Nature and Causes of the Wealth of Nations vol. 1, bk. 1, ch. 2 (1776)

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• Wherever there is great property, there is great inequality.

  Adam Smith

  Affluence, Inequality, Wealth Of Nations

  Adam Smith (2016). “The Wealth of Nations”, Xist Publishing

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• If you lived with a roommate as unstable as this economic system, you would’ve moved out or demanded that your roommate get professional help.

  Richard D. Wolff

  Funny, Fickle, Erratic

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• The more numerous the laws, the more corrupt the government.

  Tacitus

  Peace, Freedom, War

  "Annals". Book by Tacitus, Book III, 27,

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• 

  Successful people ask better questions, and as a result, they get better answers.

  Tony Robbins

  Success, Tattoo, Business

  FaceBook post by Tony Robbins from Dec 28, 2014

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• The most important single central fact about a free market is that no exchange takes place unless both parties benefit.

  Milton Friedman

  Freedom, Business, Party

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• Goodness is the only investment that never fails.

  Henry David Thoreau

  Business, Integrity, Bad Day

  Henry David Thoreau (2014). “Citizen Thoreau: Walden, Civil Disobedience, Life Without Principle, Slavery in Massachusetts, A Plea for Captain John Brown”, p.133, Graphic Arts Books

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• This question of legal plunder must be settled once and for all, and there are only three ways to settle it: (1) The few plunder the many. (2) Everybody plunders everybody. (3) Nobody plunders anybody.

  Frederic Bastiat

  Liberty, Three, Way

  Frederic Bastiat (2006). “The Law”, p.18, Cosimo, Inc.

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• For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they are provided for.

  Ludwig von Mises

  Men, Differences, Liberty

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.409, VM eBooks

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• The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those who do not.

  Friedrich August von Hayek

  Important, Liberty, Libertarian

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