Economic Quotes - Page 3

Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.

It never occurred to me that we would have as grandiose a program as the Marshall Plan, but I felt that we had to do something to save Europe from economic disaster which would encourage the Communist takeover.

Society doesn't have values. People have values.

Livable neighborhoods with a vibrant street life will stimulate our economic life as well.

We complain of the increased tempo of our lives, but our frenetic lives are just reflection of the economic system that we have created.

It will be sufficient to point to the enormous burdens which armaments place on the economic, social, and intellectual resources of a nation, as well as on its budget and taxes.

...it is distressing how often one can guess the answer given to an economic question merely by knowing who asks it.

Obviousness is always the enemy of correctness.

During difficult economic times, consumers gravitate toward the brands they know, the brands they love and trust.

In a capitalist society, all human relationships are voluntary. Men are free to cooperate or not, to deal with one another or not, as their own individual judgments, convictions and interests dictate.

When fewer workers have unions, the standard of living falls for everyone and the gap between the rich and poor grows.

Be thrifty, but not covetous.

Economics teaches humility because it teaches us more about what we can't do than what we can do

Productive power is the foundation of a country's economic strength.

Change the economic base and you will change human beings.

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

Under capitalism each individual engages in economic planning.

Immigration is not just compatible with but is a necessary component of economic growth.

Experience demands that man is the only animal which devours his own kind, for I can apply no milder term to the general prey of the rich on the poor.

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.

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

McCarthy generally, as an individual, was a liberal. He was, in economic philosophy and a lot of other things, extremely liberal.

What good does it do to sit at the counter when you cannot afford a hamburger?

The only function of economic forecasting is to make astrology look respectable.