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Economics Quotes - Page 13

Economy, the poor man's mint.

Economy, the poor man's mint.

Martin Farquhar Tupper (1849). “The Poetical Works”, p.353

Economics, we learn in the history of thought, only became a science by escaping from the casuistry and moralizing of medieval thought.

"Economics As A Moral Science" by Kenneth E. Boulding, in "American Economic Review", 59 (1), (p. 12), March 1969.

The economy of the future might be called the "spaceman economy," in which the earth has become a single spaceship, without unlimited reservoirs of anything.

Kenneth E. Boulding, Harold J. Barnett, Rene Dubos, Leonard J. Duhl, Ralph Turvey, Roland N. McKean, Allen V. Kneese, M. Mason Gaffney, Gilbert F. White, David Lowenthal, Norton E. Long, Jacob H. Beuscher (1966). “Environmental Quality in a Growing Economy”

I am stretching out this volume, since those German dogs estimate the value of books by their cubic contents.

Karl Marx, Friedrich Engels (1956). “Karl Marx and Frederick Engels: Selected Correspondence, [1843-1895].”

The fully planned economy, so far from being unpopular, is warmly regarded by those who know it best.

John Kenneth Galbraith (2015). “The New Industrial State”, p.38, Princeton University Press

There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations.

John Kenneth Galbraith (2001). “The Essential Galbraith”, p.12, Houghton Mifflin Harcourt

Economics is not an exact science.

"The Age of Uncertainty". Book by John Kenneth Galbraith. Chapter 1, p. 36, 1977.

There is no single theory that is used in economics that considers the finite nature of resources. It's shocking.

"Jeremy Grantham on how to feed the world and why he invests in oil". Interview with Leo Hickman, www.theguardian.com. April 16, 2013.