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Quotes by Economist
"How many men are there who fairly earn a million dollars?"
44
"Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt. It is now the only place in our overly active world that does."
44
"Columbus did not seek a new route to the Indies in response to a majority directive."
44
"Had Roosevelt been caught, we would have been in a lot of trouble. It would have been very embarrassing."
44
"I started working and publishing in price theory by 1938."
44
"Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence."
44
"The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending."
44
"Economically considered, war and revolution are always bad business."
44
"I think that over the last few decades, we have seen better economic outcomes than in the past."
Past,
44
"Wherever it is resisted, slaver dies away and freedom grows."
44
"Under bilateral competition, market-price is determined within a range whose upper limit is set by the valuations of the lowest bidder among the actual buyers and the highest offerer among the excluded would-be sellers, and whose lower limit is set by the valuations of the lowest offerer among the actual sellers and the highest bidder among the excluded would-be buyers."
44
"It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office."
44
"The role played by man in production always consists solely in combining his personal forces with the forces of Nature in such a way that the cooperation leads to some particular desired arrangement of material. No human act of production amounts to more than altering the position of things in space and leaving the rest to Nature."
44
"Keep the first date brief, short, sweet and simple and they'll come back to you."
44
"The presentation of the Golden Badge of the Movement is the highest honor the Third Reich has to offer."
44
"The thought of being completely dependent disturbs people till the moment their eyes are opened to reality."
43
"By far the greatest part of those goods which are the objects of desire, are procured by labour; and they may be multiplied, not in one country alone, but in many, almost without any assignable limit, if we are disposed to bestow the labour necessary to obtain them."
43
"It will be said, however, that protection tends to destroy commerce, the civilizer of mankind. Directly the reverse, however, is the fact."
43
"We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium."
43
"People with low self-confidence and self-esteem often feel nervous about antagonizing others and tend to rate others' needs more highly than their own."
43
"Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs."
43
"An house is of a double nature, viz., one, wherein it is a way and means of expence, the other as it is an instrument and tool of gain."
43
"Any family without an entrepreneur has a limited hope."
43
"Contagion has become very much a phenomenon, and it's a phenomenon of globalization."
43
"We have indeed at the moment little cause for pride: as a profession we have made a mess of things."
43
"In the period from 1824 to 1833, the tendency was steadily in the former direction, but it was only in the latter part of it that it was made really efficient."
43
"The very necessity of bringing our armament up to a certain level as rapidly as possible must place in the foreground the idea of as large returns as possible in foreign exchange and therewith the greatest possible assurance of raw material supplies, through exporting."
43
"Globalization was a deep trend pushed by technology and right ideas, as much as anything else."
43
"It's not government's business what people do in their private bedrooms."
43
"My interests were aroused, and my faith in the cliches of the subject destroyed, as so often with other subjects, by the discussions with my friend, Aaron Director."
43
"If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days."
43
"The addiction to sports, therefore, in a peculiar degree marks an arrested development in man's moral nature."
43
"We are entering a new phase in human history - one in which fewer and fewer workers will be needed to produce the goods and services for the global population."
43
"It is an acknowledged truth in philosophy that a just theory will always be confirmed by experiment."
43
"With respect to the first of these obstacles, it has often been made a matter of grave complaint against Political Economists, that they confine their attention to Wealth, and disregard all consideration of Happiness or Virtue."
43
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