best quotations about
Economy |
| 55 quotes | Visits: 2,323 |
Quotations
 | The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of Socialism is the equal sharing of miseries. — Winston Churchill, 1874-1965, British Prime Minister, Nobel 1953 12 likes |
 | The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks. — Lord Acton, 1834-1902, English historian 9 likes |
 | It’s a recession when your neighbor loses his job; it’s a depression when you lose your own. — Harry Truman, 1884-1972, American President [1945-1953] 8 likes |
 | The only function of economic forecasting is to make astrology look respectable. — John Kenneth Galbraith, 1908-2006, American-Canadian economist 8 likes |
 | By destroying small-scale production, capital leads to an increase in productivity of labor and to the creation of a monopoly position for the associations of big capitalists. — Vladimir Lenin, 1870-1924, Soviet revolutionary & leader 8 likes |
 | Finance is a slave's word. — Jean Jacques Rousseau, 1712-1778, Swiss-French philosopher 7 likes |
 | Microeconomics is about money you don't have, and macroeconomics is about money the government is out of. — P.J. O’ Rourke, 1947-2022, American columnist & writer 7 likes |
 | What's breaking into a bank compared with founding a bank? — Bertolt Brecht, 1898-1956, German writer 6 likes |
 | The number one problem in today's generation and economy is the lack of financial literacy. — Alan Greenspan, 1926-, American economist 6 likes |
 | An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today. — Laurence J Peter, 1919-1990, Canadian writer & educator 5 likes |
| Economic life, as always, is a matrix in which result becomes cause and cause becomes result. — John Kenneth Galbraith, 1908-2006, American-Canadian economist 5 likes |
 | Men decided that it was better to pay taxes than to fight among themselves; better to pay tribute to one magnificent robber than to bribe them all. — Will Durant, 1885-1981, American historian & philosopher 4 likes |
 | The power of a government is inversely proportional to the level of taxes. — Émile de Girardin, 1806-1881, French journalist 4 likes |
| We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle. — Winston Churchill, 1874-1965, British Prime Minister, Nobel 1953 4 likes |
 | Finance is the art of passing money from hand to hand until it finally disappears. — Robert W. Sarnof, 1918-1997, American business executive 4 likes |
 | I believe that banking institutions are more dangerous to our liberties than standing armies. — Thomas Jefferson, 1749-1826, American President [1801-1809] 4 likes |
| I think Bill Clinton was the best Republican president we've had in a while. — Alan Greenspan, 1926-, American economist 4 likes |
 | If a nation values anything more than freedom, it will lose its freedom, and the irony of it is that if it is comfort or money that it values more, it will lose that too. — Somerset Maugham, 1874-1965, British writer 3 likes |
 | The farmer is the only man in our economy who buys everything at retail, sells everything at wholesale, and pays the freight both ways. — John Kennedy, 1917-1963, American President [1961-1963] 3 likes |
 | Where there is politics or economics, there is no morality. — Friedrich von Schlegel, 1772-1829, German writer 3 likes |
| I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits. — Alan Greenspan, 1926-, American economist 3 likes |
 | It is absurd to say our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one promise fattens the usurers and the other helps the people. — Thomas Edison, 1847-1934, American inventor 2 likes |
| In finance, everything that is agreeable is unsound and everything that is sound is disagreeable. — Winston Churchill, 1874-1965, British Prime Minister, Nobel 1953 2 likes |
 | Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages. — H.L. Mencken, 1880-1956, American columnist & cultural critic 2 likes |
 | At present the peace of the world has been preserved, not by statesmen, but by capitalists. — Benjamin Disraeli, 1804-1881, British Prime Minister 2 likes |
 | Economic disaster begins with a philosophy of doing less and wanting more. — Jim Rohn, 1930-2009, American self-help speker 2 likes |
| Prosperous farmers make for a prosperous nation, and when farmers are in trouble, the nation is in trouble. — Harry Truman, 1884-1972, American President [1945-1953] 2 likes |
 | My big focus is China and OPEC and all of these countries that are just absolutely destroying the United States. — Donald Trump, 1946-, President of the USA 2 likes |
 | The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other. — Peter Drucker, 1909–2005, Austrian management guru 2 likes |
| The difference between the bond and the bill is the bond lets money brokers collect twice the amount of the bond and an additional 20%, whereas the currency pays nobody but those who contribute directly in some useful way. — Thomas Edison, 1847-1934, American inventor 2 likes |
 | Teach a parrot the terms “supply and demand”, and you've got an economist. |
 | Hyperinflation can take virtually your entire life’s savings, without the government having to bother raising the official tax rate at all. |
| Despite a voluminous and often fervent literature on “income distribution,” the cold fact is that most income is not distributed: It is earned. |
 | If capital and labor ever do get together it's good night for the rest of us. |
 | Taxes are the price we pay for a civilized society. |
 | Armaments, universal debt and planned obsolescence – those are the three pillars of Western prosperity. |
 | I hate banks. They do nothing positive for anybody except take care of themselves. They're first in with their fees and first out when there's trouble. |
 | Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster. — Bernard Baruch, 1870-1965, American businessman & statesman |
| When good news about the market hits the front page of the New York Times, sell. — Bernard Baruch, 1870-1965, American businessman & statesman |
 | All public resources go to the rich. The poor, if they can survive in the labor market, fine. Otherwise, they die. That’s economics in a nutshell. — Noam Chomsky, 1928-, American linguist, philosopher, social activist |
| Economics is extremely useful as a form of employment for economists. — John Kenneth Galbraith, 1908-2006, American-Canadian economist |
| Economics is not an exact science. — John Kenneth Galbraith, 1908-2006, American-Canadian economist |
| I believe the greatest error in economics is in seeing the economy as a stable, immutable structure. — John Kenneth Galbraith, 1908-2006, American-Canadian economist |
| When you see reference to a new paradigm you should always, under all circumstances, take cover. — John Kenneth Galbraith, 1908-2006, American-Canadian economist |
| In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability. — John Kenneth Galbraith, 1908-2006, American-Canadian economist |
| The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics. |
Funny Quotes
 | The hardest thing in the world to understand is income taxes. — Albert Einstein, 1879-1955, German-Jewish physicist 6 likes |
| I want a one-armed economist, that way he cannot say, “on the other hand”. — Harry Truman, 1884-1972, American President [1945-1953] 6 likes |
 | I am not worried about the deficit. It is big enough to take care of itself. — Ronald Reagan, 1911-2004, American President [1981-1989] 3 likes |
 | To the Tax Office: All is over between us. Please don't attempt to communicate with me again. — Ashleigh Brilliant, 1933-, British cartoonist & epigrammatist |
Stupid Quotes
 | Stocks have reached what looks like a permanently high plateau. — Irving Fisher, Professor of Economics, Yale University (in 1929…) 3 likes |
 | The vast majority of our imports come from outside the country. — George W. Bush, 1946-, American President 2 likes |
| The world might need double digit interest rates to control inflation in the near future. — Alan Greenspan, 1926-, American economist (rates have been near zero for most of the time since) 2 likes |
Special Quotes
 | It’s the economy stupid. — Message of Bill Clinton's presidential campaign 3 likes |
