Quotes about economy and economics

"Economic growth may one day turn out to be a curse rather than a good, and under no conditions can it either lead into freedom or constitute a proof for its existence."

Arendt, Hannah on economy and economics   

"For the past 15 years or so, British governments have tried to persuade the rest of us that the best judges of the national interest are...businessmen. This may be a ridiculous statement, but -- ominously -- fewer and fewer people laugh at it."

Ascherson, Neil on economy and economics   

"The notion that big business and big labor and big government can sit down around a table somewhere and work out the direction of the American economy is at complete variance with the reality of where the American economy is headed. I mean, it's like dinosaurs gathering to talk about the evolution of a new generation of mammals."

Babbit, Bruce on economy and economics   

"It seems to be a law in American life that whatever enriches us anywhere except in the wallet inevitably becomes uneconomic."

Baker, Russell (Wayne) on economy and economics   

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

Burke, Edmund on economy and economics   

"Frugality is founded on the principal that all riches have limits."

Burke, Edmund on economy and economics   

"People do not understand what a great revenue economy is."

Cicero, Marcus T. on economy and economics   

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

Colton, Charles Caleb on economy and economics   

"There can be economy only where there is efficiency."

Disraeli, Benjamin on economy and economics
7 fans of this quote   

"Everyone is always in favor of general economy and particular expenditure."

Eden, Sir Anthony on economy and economics   

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

Emerson, Ralph Waldo on economy and economics
3 fans of this quote   

"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."

Enfield, Harry on economy and economics   

"Ask five economists and you'll get five different explanations six if one went to Harvard."

Fiedler, Edgar R. on economy and economics   

"For economist the real world is often a special case."

Fiedler, Edgar R. on economy and economics   

"The rate of interest acts as a link between income-value and capital-value"

Fisher, Irving on economy and economics   

"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?"

Foster, John W. on economy and economics   

"No nation was ever ruined by trade."

Franklin, Benjamin on economy and economics
6 fans of this quote   

"In economics the majority is always wrong."

Galbraith, John Kenneth on economy and economics   

"In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability."

Galbraith, John Kenneth on economy and economics   

"In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated. If the world is lucky enough to enjoy peace, it may even one day make the discovery, to the horror of doctrinaire free-enterprisers and doctrinaire planners alike, that what is called capitalism and what is called socialism are both capable of working quite well."

Galbraith, John Kenneth on economy and economics   

"I am indeed rich, since my income is superior to my expenses, and my expense is equal to my wishes."

Gibbon, Edward on economy and economics   

"Commerce changes the fate and genius of nations."

Gray, Thomas on economy and economics   

"No one is rich whose expenditures exceed his means, and no one is poor whose incomings exceed his outgoings."

Haliburton, Thomas C. on economy and economics   

"Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a thousandfold by a factor that is insignificant in , say, physics, mathematics, or medicine -- the special pleading of selfish interests."

Hazlitt, Henry on economy and economics   

"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists."

Hemingway, Ernest on economy and economics
5 fans of this quote   

"Be thrifty, but not covetous."

Herbert, George on economy and economics   

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"There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. We have no reason to be ashamed of that, since the same would hold for many branches of mathematics."

Hicks, John on economy and economics   

"How great, my friends, is the virtue of living upon a little!"

Horace on economy and economics   

"First rule of Economics 101: our desires are insatiable. Second rule: we can stomach only three Big Macs at a time."

Horton, Doug on economy and economics   

"I learned more about the economy from one South Dakota dust storm than I did in all my years of college."

Humphrey, Hubert H. on economy and economics   

"Never spend your money before you have earned it."

Jefferson, Thomas on economy and economics
5 fans of this quote   

"Commerce is one of the daughters of Fortune, inconsistent and deceitful as her mother. she chooses her residence where she is least expected, and shifts her home when in appearance she seems firmly settled."

Johnston, Ben on economy and economics   

"The economy depends about as much on economists as the weather does on weather forecasters."

Kauffmann, Jean-Paul on economy and economics   

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

Kennedy, John F. on economy and economics   

"The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems -- the problems of life and of human relations, of creation and behavior and religion."

Keynes, John Maynard on economy and economics   

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

Keynes, John Maynard on economy and economics   

"If all the economists in the world were laid end to end, it wouldn't be a bad thing."

Lynch, Peter on economy and economics   

"A nation is not in danger of financial disaster merely because it owes itself money."

Mellon, Andrew William on economy and economics   

"Much in little."

Motto on economy and economics   

"If you laid every economist in the country end to end you would still not reach a conclusion."

Nasello, Salvador on economy and economics