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"An economist's guess is liable to be as good as anybody else's."
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Exlpore more Economics quotes
"Science blasphemed when tries to eliminate scarcity in economy."
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Personal Development
"If it is asserted that civilization is a real advance in the condition of man - and I think that it is, though only the wise improve their advantages - it must be shown that it has produced better dwellings without making them more costly; and the cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run."
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Personal Development
"Your money myth affects your gain and luck.In economics, illusion of money affects wealth."
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Personal Development
"The mentality of seeking miracles from one place to another is destructive to the economy."
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Personal Development
"I saw the poverty, I say the prosperity. Both have fundamental problems."
Author Name
Personal Development
"It is impossible to say how far the present value of money depends on its monetary employment and how far on its industrial employment. When the institution of money was first established, the industrial basis of the value of the precious metals may have preponderated; but with progress in the monetary organization of economic life the monetary employment has become more and more important. It is certain that nowadays the value of gold is largely supported by its monetary employment, and that its demonetization would affect its price in an overwhelming fashion."
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Personal Development
"The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property."
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Personal Development
"We can't get to the $4 trillion in savings that we need by just cutting the 12 percent of the budget that pays for things like medical research and education funding and food inspectors and the weather service. And we can't just do it by making seniors pay more for Medicare."
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Personal Development
"If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers."
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Personal Development
"A third group of inflationists do not deny that inflation involves serious disadvantages. Nevertheless, they think that there are higher and more important aims of economic policy than a sound monetary system. They hold that although inflation may be a great evil, yet it is not the greatest evil, and that the State might under certain circumstances find itself in a position where it would do well to oppose greater evils with the lesser evil of inflation."
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Personal Development
Explore more quotes by Will Rogers
"Advertising is the art of convincing people to spend money they don't have for something they don't need."
Art
"If you make any money, the government shoves you in the creek once a year with it in your pockets, and all that don't get wet you can keep."
Government
"Instead of giving money to found colleges to promote learning, why don't they pass a constitutional amendment prohibiting anybody from learning anything? If it works as good as the Prohibition one did, why, in five years we would have the smartest race of people on earth."
Money
"So let's be honest with ourselves and not take ourselves too serious, and never condemn the other fellow for doing what we are doing every day, only in a different way."
Day
"There is no more independence in politics than there is in jail."
Politics
"Everything is funny, as long as it's happening to somebody else."
Funny
"An onion can make people cry but there's never been a vegetable that can make people laugh."
People
"All I know is just what I read in the papers, and that's an alibi for my ignorance."
Ignorance
"Why don't they pass a constitutional amendment prohibiting anybody from learning anything? If it works as well as prohibition did, in five years Americans would be the smartest race of people on Earth."
People
"There's no trick to being a humorist when you have the whole government working for you."
Government
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