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Quotes by Economist

"A university anywhere can aim no higher than to be as British as possible for the sake of the undergraduates, as German as possible for the sake of the public at large-and as confused as possible for the preservation of the whole uneasy balance."

"Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?"

"Water is free of charge. Why then do people drink Evian?"


"Yes, long hours and a hard life for my parents, but for a six to seven year old every new day dawned with fresh excitement when you have not a care in the world, and so much to learn and witness."


"The cure for capitalism's failing would require that a government would have to rise above the interests of one class alone."

"The possessions of the rich are stolen property."

"Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011."

"International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief."

"It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation."

"When the rich and the powerful rise they leave the powerless and the poor without possibility."

"We can not paint that in a more positive way if it is already negative, we have to take it that way and think of other means for reaching there."

"Restrictionistic ideas have never met with any measure of popular sympathy except after a time of monetary depreciation when it has been necessary to decide what should take the place of the abandoned inflationary policy."


"Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it."


"The least productive people are usually the ones who are most in favor of holding meetings."

"War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods."

"The Treatise tries to analyze not only modern Western families, but also those in other cultures and the changes in family structure during the past several centuries."

"The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else."

"Other inflationists realize very well that an increase in the quantity of money reduces the purchasing power of the monetary unit. But they endeavour to secure inflation none-the-less, because of its effect on the value of money; they want depreciation, because they want to favour debtors at the expense of creditors and because they want to encourage exportation and make importation difficult."


"Give me a fruitful error anytime, full of seeds, bursting with its own corrections."

"With rising incomes, the share of expenditures for food products declines. The resulting shift in expenditures affects demand patterns and employment structures."
Food,

"Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates for upper-income individuals to revert back to where they were before the cuts in the 1990s. I think at that point it makes perfect sense."

"We've seen it over and over throughout history, it isn't a conspiracy theory anymore that the truly great ones get taken out. That's a trend, but when will people realize that after new world order, worldwide communism will take place."

"All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership."

"Appreciate her for who she is."

"If you punish them, they are your slaves and if you forgive them they are your brothers."

"They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers."

"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."

"Forgiveness simply means to give love instead of hate."

"The only period where there is lesser competition for opportunities are during times of difficulties."
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