Economics sayings

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◆ The dominant economic approach of the last thirty years is now on its last legs. Letting the market rip and an indifference to inequality are now seen as important causes of the greatest economic crash since the 1930s.

- Frances OGrady99

◆ From the ashes of a financial crash, there is a chance to create a new economic settlement that is more equal, sustainable and democratic.

- Frances OGrady99

◆ Economist should be spelled echonomist, because they all repeat each other.

- Jarod Kintz99

◆ It has been more profitable for us to bind together in the wrong direction than to be alone in the right one.

- Nassim Nicholas Taleb99

◆ Saying that you are moral because you believe in a god is like saying you are an economist because you play monopoly.

- Robert W Cox99

◆ Most of us try to do too much because we are secretly afraid we will not be able to do anything at all.

- Rick Aster99

◆ Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it

- Ronald Reagan99

◆ Economy is a way of spending money without getting any pleasure out of it

- Armand Salacrou99

◆ Everything reminds Milton Friedman of the money supply. Well, everything reminds me of sex, but I keep it out of the paper.

- Robert Solow99

◆ Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.

- Larry Summers99

◆ We are endeavoring, too, to reduce the government to the practice of a rigorous economy, to avoid burdening the people, and arming the magistrate with patronage of money, which might be used to corrupt and undermine the principles of our government

- Thomas Jefferson99

◆ With the exception of the instinct of self-preservation, the propensity for emulation is probably the strongest and most alert and persistent of the economic motives proper

- Thorstein Veblen99

◆ To paraphrase Winston Churchill, I did not take the oath I have just taken with the intention of presiding over the dissolution of the world's strongest economy.

- Ronald Reagan99

◆ Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.

- Ludwig Von Mises99

◆ The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.

- Larry Summers99