Economy And Economics Quotes

• If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

  John Maynard Keynes

  Humble, People, Would Be

  John Maynard Keynes (1952). “Essays in Persuasion”

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• An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.

  Laurence J. Peter

  Funny, Business, Future

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• Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

  Ronald Reagan

  Freedom, Military, Moving

  Remarks to state chairs of National White House Conference on Small Business, 15 Aug. 1986

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• Commerce flourishes by circumstances, precarious, transitory, contingent, almost as the winds and waves that bring it to our shores.

  Charles Caleb Colton

  Wind, Literature, Wave

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• Economic progress, in capitalist society, means turmoil.

  Joseph A. Schumpeter

  Mean, Progress, Economics

  Joseph A. Schumpeter (2003). “Ten Great Economists”, p.77, Routledge

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• I would never make a good economist. You know, an economist is a man that can tell you anything about — well, he will tell you what can happen under any given condition — and his guess is liable to be as good as anybody else's, too.

  Will Rogers

  Business, Inspiration, Economics

  "The Will Rogers Scrapbook".

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• Economy is too late when you are at the bottom of your purse.

  Seneca the Younger

  Too Late, Purses, Economics

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• But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.

  Franklin D. Roosevelt

  Nature, Men, Law

  Franklin D. Roosevelt (1995). “The Essential Franklin Delano Roosevelt”, Gramercy

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• We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.

  Winston Churchill

  Freedom, Humor, Men

  Winston S. Churchill “Young Statesman”

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• Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property.

  Milton Friedman

  Wisdom, Knowledge, Mean

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• Ask five economists and you'll get five different answers - six if one went to Harvard.

  Edgar Fiedler

  Business, Insperational, Hands

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• Nobody spends somebody else's money as carefully as he spends his own.

  Milton Friedman

  Market Economy, Free Market, Private Property

  Milton Friedman (1990). “Friedman in China”

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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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• No one spends someone elses money as carefully as he spends his own.

  Mark Skousen

  Market Economy, Free Market, Private Property

  Mark Skousen (2013). “Economic Logic Fourth Edition”, p.674, Regnery Publishing

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• Economy is the method by which we prepare today to afford the improvements of tomorrow.

  Calvin Coolidge

  Business, Today, Tomorrow

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• The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.

  John Maynard Keynes

  Powerful, Freedom, Ideas

  General Theory of Employment (1936; 1947 ed.) ch. 24

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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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• Commerce is a game of skill which everyone cannot play and few can play well.

  Ralph Waldo Emerson

  Games, Play, Skills

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• According to the Bank of England the economy is growing too fast so interest rates must rise to counter the supposed inflationary threat.

  Harry Enfield

  Growing, England, Economy

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• Few are sufficiently sensible of the importance of that economy in reading which selects, almost exclusively, the very first order of books. Why, except for some special reason, read an inferior book, at the very time you might be reading one of the highest order?

  John Foster

  Book, Reading, Order

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• According to the Bank of England the economy is growing too fast so interest rates must rise to counter the supposed inflationary threat. In lay terms, I interpret this to mean that people are working much harder, causing economic growth, and they're in danger of spending their money, which is what the recession-hit shops want them to do. But the Bank and the City seem to think this is wrong, and that if people work harder they should be punished by having their mortgages increased.

  Harry Enfield

  Mean, Hard Work, Thinking

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• Economics is extremely useful as a form of employment for economists.

  John Kenneth Galbraith

  Government, Home Economics, Employment

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

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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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• No nation was ever ruined by trade.

  Benjamin Franklin

  Business, Liberty, Libertarian

  Benjamin Franklin, William-Temple Franklin (1818). “Memoirs of the Life and Writings of (the Same), Continued to the Time of His Death by William Temple Franklin. - London, H. Colburn 1818”, p.157

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• Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy.

  Edmund Burke

  Commitment, Essentials, May

  Edmund Burke (2016). “Delphi Complete Works of Edmund Burke (Illustrated)”, p.3780, Delphi Classics

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