Economic Quotes - Page 18

I think capitalism will not disappear, but it's going to increasingly not be the exclusive arbiter of economic life. It's going to have to find value in interacting with the sharing economy on many levels. And this hybrid system that's already emerging among millennials is going to be a mature system where, by midcentury, part of the day will be in the capitalist market, part of the day in the sharing economy, depending on your marginal costs.

The addability of the happiness of different subjects is a postulum without which all political reasonings are at a stand

For ecommerce, the most important thing is trust.

Man must choose whether to be rich in things or in the freedom to use them.

I am convinced that through these measures we have reestablished confidence.

Need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.

The members - mentally handicapped people who are marginal in society and not useful in an economic sense - welcomed me into their lives. And I was loved, not because of what s doing but because of who I was.

Economics is really politics in disguise.

...a discontinuity, like a vacuum, is abhorred by nature.

And the cornerstone of my economic policies, when I first got elected, was cutting taxes on everybody on who paid taxes.

Equality begins with economic empowerment.

Economic theorists, like French chefs in regard to food, have developed stylized models whose ingredients are limited by some unwritten rules. Just as traditional French cooking does not use seaweed or raw fish, so neoclassical models do not make assumptions derived from psychology, anthropology, or sociology. I disagree with any rules that limit the nature of the ingredients in economic models.

Ecology is the overall science of which economics is a minor speciality.

They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers.

The ability of the 1 percent to buy politicians and regulators is nothing new in American politics - just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems.

I can be free only to the extent that others are forbidden to profit from their physical, economic, or other superiority to the detriment of my liberty.

There is no economic problem and, in a sense, there never has been.

If economists did not concern themselves with economic efficiency, nobody would.

Economics dominates politics - and with that domination comes different forms of ruthlessness.

Economics, politics, and personalities are often inseparable.

It at once struck me that under these circumstances favourable variations would tend to be preserved, and unfavourable ones to be destroyed.

Globalization is a fact of economic life

Reducing the tax burden is necessary to produce economic growth.

While economics is about how people make choice, sociology is about how they don't have any choice to make.

Software engineering economics.