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Quotes by Economist

"Romanticism is man's revolt against reason, as well as against the condition under which nature has compelled him to live."

"The welfare of a people lies not in casting other peoples down but in peaceful collaboration."

"Entrepreneurship is all about making life easier for humanity, while money becomes a bye-product."

"Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable."

"When a country has substituted credit money or fiat money for metallic money, because the legal equating of the over-issued paper and the metallic money sets in motion the mechanism described by Gresham's Law, it is often asserted that the balance of payments determines the rate of exchange. But this also is a quite inadequate explanation. The rate of exchange is determined by the purchasing power possessed by a unit of each kind of money."

"Depreciation of money can benefit debtors only when it is unforeseen. If inflationary measures and a reduction of the value of money are expected, then those who lend money will demand higher interest in order to compensate their probable loss of capital, and those who seek loans will be prepared to pay the higher interest because they have a prospect of gaining on capital account."

"Being loved is the only thing that is admirable by any stretch of the imagination."

"I CHOOSE to live by choice not by chance, to be motivated not manipulated, to be useful not used, to make change not excuses, to excel not compete. I CHOOSE self-esteem not self pity. I choose to listen to my inner voice, NOT TO LISTEN TO THE RANDOM OPINIONS OF OTHERS."

"Avoid negative people, for they are the greatest destroyers of self confidence and self-esteem. Surround yourself with people who bring out the best in you!"

"Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulatesriches."

"Keep Trying is what it means to resolve to do something."

"The Advantages of Crises in a relationship is to showcase the REAL Person in the relationship."

"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."

"Rhetorical bombast, music and song resound, banners wave, flowers and colors serve as symbols, and the leaders seek to attach their followers to their own person. Liberalism has nothing to do with all this. It has no party flower and no party color, no party song and no party idols, no symbols and no slogans. It has the substance and the arguments. These must lead it to victory."
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