Economics quotations

Page 3

◆ Children with an entrepreneurial mindset are the people who will make our economy thrive.

- Tsepiso Makhubedu99

◆ Classic economic theory, based as it is on an inadequate theory of human motivation, could be revolutionized by accepting the reality of higher human needs, including the impulse to self actualization and the love for the highest values.

- Abraham Maslow98

◆ Economics is a subject that does not greatly respect one's wishes

- Nikita Khrushchev98

◆ An economy hampered by restrictive tax rates will never produce enough revenue to balance our budget, just as it will never produce enough jobs or enough profits

- John Fitzgerald Kennedy98

◆ Economy is the method by which we prepare today to afford the improvements of tomorrow

- Calvin Coolidge98

◆ Economists are pessimists: they've predicted 8 of the last 3 depressions

- Barry Asmus98

◆ I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.

- Thomas Jefferson98

◆ Did you ever think that making a speech on economics is a lot like pissing down your leg? It seems hot to you, but it never does to anyone else.

- Lyndon B Johnson98

◆ An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.

- Laurence J Peter98

◆ Arbitrage proof has since been widely used throughout finance and economics.

- Merton Miller98

◆ Marriages are under strain today in terms of economics. There are social cross-currents. We see failed marriages. But it is not under attack by our gay and lesbian citizens.

- Earl Blumenauer98

◆ In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.

- John Kenneth Galbraith98

◆ There is no such thing as a free lunch

- Proverb98

◆ Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - an authoritarian determination of the status of each individual in the new hierarchical order

- Friedrich August Hayek98

◆ Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

- John Kenneth Galbraith98