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Quotes by Economist

"The system has for its object an increase of persons that are to intervene between the producer and the consumer, living on the product of the land and labour of others, diminishing the power of the first, and increasing the number of the last."
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Henry Charles Carey
"The system has for its object an increase of persons that are to intervene between the producer and the consumer, living on the product of the land and labour of others, diminishing the power of the first, and increasing the number of the last."
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9
"I think that over the last few decades, we have seen better economic outcomes than in the past."
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Martin Feldstein
"I think that over the last few decades, we have seen better economic outcomes than in the past."
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9
"Since the end of the nineteenth century, if not earlier, presidents have misled the public about their motives and their intentions in going to war."
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Robert Higgs
"Since the end of the nineteenth century, if not earlier, presidents have misled the public about their motives and their intentions in going to war."
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9
"Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant."
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Christina Romer
"Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant."
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9
"Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check."
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John W. Snow
"Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check."
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9
"If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid."
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John Maynard Keynes
"If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid."
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9
"There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists."
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Joseph E. Stiglitz
"There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists."
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9
"You'll earn more money doing something you love, rather than just doing something because it pays you a high salary."
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Auliq Ice
"You'll earn more money doing something you love, rather than just doing something because it pays you a high salary."
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8
"If you can find a cause that touches your soul it will make you a better person, it will show you the power of helping others and ultimately the biggest winner is us. Giving to others helps us to grow, to have a different outlook in life, to appreciate what we have and to be more positive."
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Auliq Ice
"If you can find a cause that touches your soul it will make you a better person, it will show you the power of helping others and ultimately the biggest winner is us. Giving to others helps us to grow, to have a different outlook in life, to appreciate what we have and to be more positive."
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8
"To succeed, No one's going to make way for you. You must find the light and make way for yourself."
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Auliq Ice
"To succeed, No one's going to make way for you. You must find the light and make way for yourself."
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8
"When we seed millions of acres of land with these plants, what happens to foraging birds, to insects, to microbes, to the other animals, when they come in contact and digest plants that are producing materials ranging from plastics to vaccines to pharmaceutical products?"
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Jeremy Rifkin
"When we seed millions of acres of land with these plants, what happens to foraging birds, to insects, to microbes, to the other animals, when they come in contact and digest plants that are producing materials ranging from plastics to vaccines to pharmaceutical products?"
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8
"By adopting the 'free trade,' or British, system, we place ourselves side by side with the men who have ruined Ireland and India, and are now poisoning and enslaving the Chinese people."
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Henry Charles Carey
"By adopting the 'free trade,' or British, system, we place ourselves side by side with the men who have ruined Ireland and India, and are now poisoning and enslaving the Chinese people."
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8
"And we have abundant natural energy resources in the country. We haven't been taking adequate advantage of them, and we can burn coal in a clean way; we could improve the grid."
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John W. Snow
"And we have abundant natural energy resources in the country. We haven't been taking adequate advantage of them, and we can burn coal in a clean way; we could improve the grid."
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8
"Domestic inflation reflects domestic monetary policy."
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Martin Feldstein
"Domestic inflation reflects domestic monetary policy."
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8
"Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly."
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Martin Feldstein
"Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly."
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8
"The cure for capitalism's failing would require that a government would have to rise above the interests of one class alone."
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Robert Heilbroner
"The cure for capitalism's failing would require that a government would have to rise above the interests of one class alone."
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"When deeds speak, words are nothing."
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Pierre-Joseph Proudhon
"When deeds speak, words are nothing."
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8
"In life; threats, misery and pain weigh the same."
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Auliq Ice
"In life; threats, misery and pain weigh the same."
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8
"And one of our points of continuing conversation with our trading partners is the urgency of their taking steps to remove barriers to their improved growth performance."
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John W. Snow
"And one of our points of continuing conversation with our trading partners is the urgency of their taking steps to remove barriers to their improved growth performance."
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8
"As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports."
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Merton Miller
"As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports."
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8
"The commerce of India does not grow, nor does that of Portugal, or of Turkey; that but that of the protected countries does increase, as has been shown in the case of Spain, and can now be shown in that of Germany."
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Henry Charles Carey
"The commerce of India does not grow, nor does that of Portugal, or of Turkey; that but that of the protected countries does increase, as has been shown in the case of Spain, and can now be shown in that of Germany."
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8
"All parties without exception, when they seek for power, are varieties of absolutism."
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Pierre-Joseph Proudhon
"All parties without exception, when they seek for power, are varieties of absolutism."
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8
"The system of nature, of which man is a part, tends to be self-balancing, self-adjusting, self-cleansing. Not so with technology."
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E. F. Schumacher
"The system of nature, of which man is a part, tends to be self-balancing, self-adjusting, self-cleansing. Not so with technology."
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8
"Let her know that her look really works for you."
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Auliq Ice
"Let her know that her look really works for you."
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8
"It the British System is the most gigantic system of slavery the world has yet seen, and therefore it is that freedom gradually disappears from every country over which England is enabled to obtain control."
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Henry Charles Carey
"It the British System is the most gigantic system of slavery the world has yet seen, and therefore it is that freedom gradually disappears from every country over which England is enabled to obtain control."
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8
"It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide."
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Friedrich August von Hayek
"It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide."
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8
"We're committed to working with Congress to doing what the president said he was always going to do, which is cut the deficit in half over the - over his first term."
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Christina Romer
"We're committed to working with Congress to doing what the president said he was always going to do, which is cut the deficit in half over the - over his first term."
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8
"Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with every day observation."
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Joseph E. Stiglitz
"Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with every day observation."
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8
"By adopting the other trade, we place ourselves by the side of those whose measures tend not only to the improvement of their own subjects, but to the emancipation of the slave everywhere."
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Henry Charles Carey
"By adopting the other trade, we place ourselves by the side of those whose measures tend not only to the improvement of their own subjects, but to the emancipation of the slave everywhere."
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8
"You can either read something many times in order to be assured that you got it all, or else you can define your purpose and use techniques which will assure that you have met it and gotten what you need."
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E. F. Schumacher
"You can either read something many times in order to be assured that you got it all, or else you can define your purpose and use techniques which will assure that you have met it and gotten what you need."
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8
"Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also revenue to the State."
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Gary Becker
"Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also revenue to the State."
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8
"We promote domestic savings by also things like the personal accounts associated with the president's Social Security initiative, which over time would generate more savings."
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John W. Snow
"We promote domestic savings by also things like the personal accounts associated with the president's Social Security initiative, which over time would generate more savings."
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8
"Many people love in themselves what they hate in others."
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E. F. Schumacher
"Many people love in themselves what they hate in others."
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8
"I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our time is due to a certain timidity about soiling their hands by going from purely scientific questions into value questions."
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Friedrich August von Hayek
"I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our time is due to a certain timidity about soiling their hands by going from purely scientific questions into value questions."
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8
"And for man to look upon himself as a capital good, even if it did not impair his freedom, may seem to debase him... by investing in themselves, people can enlarge the range of choice available to them. It is one way free men can enhance their welfare."
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Theodore William Schultz
"And for man to look upon himself as a capital good, even if it did not impair his freedom, may seem to debase him... by investing in themselves, people can enlarge the range of choice available to them. It is one way free men can enhance their welfare."
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8
"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."
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Milton Friedman
"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."
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8
"If most people are not willing to see the difficulty, this is mainly because, consciously or unconsciously, they assume that it will be they who will settle these questions for the others, and because they are convinced of their own capacity to do this."
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Friedrich August von Hayek
"If most people are not willing to see the difficulty, this is mainly because, consciously or unconsciously, they assume that it will be they who will settle these questions for the others, and because they are convinced of their own capacity to do this."
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8
"The triumph of persuasion over force is the sign of a civilized society."
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Mark Skousen
"The triumph of persuasion over force is the sign of a civilized society."
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8
"You know, I think the, the crucial thing, you know, we have put in place what is, is just simply the biggest, boldest recovery package in history, right; the stimulus package, biggest ever; the financial rescue, absolutely comprehensive; a housing plan - that is incredible medicine for the economy. And we fully expect it to work."
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Christina Romer
"You know, I think the, the crucial thing, you know, we have put in place what is, is just simply the biggest, boldest recovery package in history, right; the stimulus package, biggest ever; the financial rescue, absolutely comprehensive; a housing plan - that is incredible medicine for the economy. And we fully expect it to work."
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8
"If you look at the studies coming out of the Congressional Budget Office, the number one thing that's going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare."
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Christina Romer
"If you look at the studies coming out of the Congressional Budget Office, the number one thing that's going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare."
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"And our big theme has been, you have made so much progress, we urge you on with the openings and market openings that have occurred. They clearly work and continuing on that path will produce further growth and further opportunities for the Indian people."
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John W. Snow
"And our big theme has been, you have made so much progress, we urge you on with the openings and market openings that have occurred. They clearly work and continuing on that path will produce further growth and further opportunities for the Indian people."
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8
"The whole action of the laws tended to increase the number of consumers of food and to diminish the number of producers, was due the invention of the Malthusian theory of population."
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Henry Charles Carey
"The whole action of the laws tended to increase the number of consumers of food and to diminish the number of producers, was due the invention of the Malthusian theory of population."
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8
"To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm."
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Friedrich August von Hayek
"To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm."
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"Labor wants pride and joy in doing good work, a sense of making or doing something beautiful or useful - to be treated with dignity and respect as brother and sister."
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Thorstein Veblen
"Labor wants pride and joy in doing good work, a sense of making or doing something beautiful or useful - to be treated with dignity and respect as brother and sister."
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8
"Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011."
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Mark Zandi
"Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011."
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8
"From that date the abandonment of the older State proceeded with a rapidity never before known, and with it grew the domestic slave trade and the pro-slavery feeling."
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Henry Charles Carey
"From that date the abandonment of the older State proceeded with a rapidity never before known, and with it grew the domestic slave trade and the pro-slavery feeling."
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"All science is static in the sense that it describes the unchanging aspects of things."
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Frank Knight
"All science is static in the sense that it describes the unchanging aspects of things."
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"I knew that discrimination existed, even though there were many individuals who were not prejudiced."
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Joseph E. Stiglitz
"I knew that discrimination existed, even though there were many individuals who were not prejudiced."
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"Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy."
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Christina Romer
"Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy."
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"If the business community and political elite want to go to war they find it easy to mobilize domestic consent."
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Edward S. Herman
"If the business community and political elite want to go to war they find it easy to mobilize domestic consent."
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