top of page
.png){kind=small}
Quotes by Economist
"Poor David Hume is dying fast, but with more real cheerfulness and good humor and with more real resignation to the necessary course of things, than any whining Christian ever dyed with pretended resignation to the will of God."
43
"The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom."
43
"I wanted to make sure that this be the first scientific and technology revolution in history in which the public thoroughly discussed all the potential benefits and all the potential harms, in advance of the technology coming online and running its course."
43
"What ranks above all else for economic and political reconstruction is a radical change of ideologies. Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem."
43
"The collapse of an inflation policy carried to its extreme -- as in the United States in 1781 and in France in 1796 -- does not destroy the monetary system, but only the credit money or fiat money of the State that has overestimated the effectiveness of its own policy. The collapse emancipates commerce from etatism and establishes metallic money again."
43
"This empire, unlike any other in the history of the world, has been built primarily through economic manipulation, through cheating, through fraud, through seducing people into our way of life, through the economic hit men. I was very much a part of that."
42
"In 1833, protection was abandoned, and a tariff was established by which it was provided that we should, in a few years, have a system of merely revenue duties."
42
"To enable men to exercise that power is the object of protection."
42
"One of the things we worry about when we cut the tax on gasoline is that it basically stimulates additional use."
42
"Many of the mainstream agricultural scientists, especially at the agricultural schools, but at all of our major universities, are tied into all sorts of contractual relationships and consulting relationships with the life science companies."
42
"Here we are 17 years later. Those agencies never did come through."
42
"The liberal ideal is that everyone should have fair access and fair opportunity. This is not equality of result. It's equality of opportunity. There's a fundamental difference."
42
"In any great organization it is far, far safer to be wrong with the majority than to be right alone."
42
"I think it's important that people think about what they are doing and that includes what they are eating. I am 61 now and attitudes towards drinking and driving have changed radically since I was a student. People change their notion of what is responsible. They will increasingly ask about the carbon content of their food."
42
"Yes, the European model remains superior to that of America and Japan."
42
"In comparing therefore the value of the same commodity, at different periods of time, the consideration of the comparative skill and intensity of labour, required for that particular commodity, needs scarcely to be attended to, as it operates equally at both periods."
42
"I wish it were simply a nightmare, but I think that any reasonable person watching American politics would come to the conclusion that a second Bush administration would in fact incorporate a more radicalized version of what we've seen in the first administration."
42
"Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient."
42
"In ancient times they had no statistics so they had to fall back on lies."
42
"The notion that every well educated person would have a mastery of at least the basic elements of the humanities, sciences, and social sciences is a far cry from the specialized education that most students today receive, particularly in the research universities."
42
"A refuge is supposed to prevent what? The genes from flowing out of sight? This refuge idea won't stop insects from moving across boundaries. That's absurd."
42
"I would be remiss if I left the impression that my life has been totally preoccupied with scholarly research."
42
"The only function of economic forecasting is to make astrology look respectable."
42
"The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy."
42
"Poorly paid labor is inefficient labor, the world over."
42
"Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here."
42
"I think the IMF helped to detonate the Indonesian crisis."
42
"If men do not now succeed in abolishing war, civilization and mankind are doomed."
42
bottom of page