Economic Quotes - Page 5

Climate change: Don't undermine the science just because you don't like the economics

Globalization is a complex issue, partly because economic globalization is only one part of it. Globalization is greater global closeness, and that is cultural, social, political, as well as economic.

The lesson from behavioral economics is that people only save if it's automatic.

Is there enough to go around? What is enough? Who can tell us? Certainly not the economist who pursues economic growth as the highest of all values, and therefore has no concept of enough.

The truth is we are all caught in a great economic system which is heartless.

The consequences for human welfare involved in questions like these are simply staggering: once one starts to think about them, it is hard to think about anything else.

The present age handed over the workers, each alone and defenseless, to the unbridled greed of competitors... so that a very few and exceedingly rich men have laid a yoke of almost slavery on the unnumbered masses of non-owning workers.

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

The greatest weapon of mass destruction is corporate economic globalization.

Often the masses are plundered and do not know it.

Protectionism is the institutionalization of economic failure.

Economic progress, in capitalist society, means turmoil.

If we will not endure a king as a political power, we should not endure a king over the production, transportation, and sale of any of the necessaries of life.

The union miner cannot agree to the acceptance of a wage principle which will permit his annual earnings and his living standards to be determined by the hungriest unfortunates whom the non-union operators can employ.

The point of studying economics is so as not to be fooled by economists.

Economics has been called the dismal science. Once you get to understand it, you may not find it so dismal, but you don't find it much of a science either.

The end of the decline of the Stock Market will probably not be long, only a few more days at most.

A merchant, it has been said very properly, is not necessarily the citizen of any particular country.

No hypocrisy is too great when economic and financial elites are obliged to defend their interest.

The best of all monopoly profits is a quiet life.

Every man is dishonest who lives upon the labor of others, no matter if he occupies a throne.

We have to choose between a global market driven only by calculations of short-term profit, and one which has a human face.

The problem of the modern economy is not a failure of a knowledge of economics; it's a failure of a knowledge of history.

The economic owning class is always the political ruling class.

a labor victory must be economic and it must be revolutionizing.