Economics Quotes

You always want to try to make something new, and, of course, America is the world leader in economics today.

Zero-sum thinking is an obsession of mine, but mostly in economics.

Geography has made us neighbors. History has made us friends. Economics has made us partners, and necessity has made us allies. Those whom God has so joined together, let no man put asunder.

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

I gradually became persuaded that the subjects, without intending to, had revealed to me a basic truth about markets that was foreign to the literature of economics.

It's not trickle down economics. The problem that the president has is that he's rudderless on the economy. I mean, he doesn't quite know what to do. It's a wake-up on Monday and try to figure it out. It takes time to turn a supertanker, so you need to know where you need to go.

Religion and art spring from the same root and are close kin. Economics and art are strangers.

The difficulty for the Government is there's this ideological straitjacket of the market will provide, let the market rip and everything will work out... It's back to trickle-down economics, which, it's plain to see, have not delivered.

Europe is difficult to coordinate, and our main deficit may not even lie in this area of finance and economics, but in foreign and security policy. We have a leadership problem because we are still 27 different members who have still not decided on how to work with each other based on what we used to call a European constitution.

As the Wall Street Journal called our economic plan, supply-side economics for the working man, is resonating in Minnesota and here in Missouri and across this country.

In economics, the majority is always wrong.

Answers are not enough, students should be encouraged to ask questions and explore alternatives to the norm. Entrepreneurship and invention are the backbone of the new economy, yet I doubt they get more than a nod in economics courses.

Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.

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.

We've switched from a culture that was interested in manufacturing, economics, politics - trying to play a serious part in the world - to a culture that's really entertainment-based.

Neoclassical economics insists that advertising cannot force consumers to buy anything they don't already want to buy.

I think that, especially among conservatives, there's a clear understanding that there are three legs to the conservative stool. There are the free-market economics conservatives, the social conservatives, and the national-security conservatives.

I think it is just stupid economics for a government to approach economic management from a strand of thinking regarding unions as enemies.

In the 1980s, we were advised, why don't you follow Reaganomics or Thatcherite economics. We said, yes, there are good points, let's see how we can fit them in the Indian economy. Every country has its own way of moving forward.

I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour.

But my shift to the serious study of economics gradually weakened my belief in Major Douglas's A+B theorem, which was replaced in my thought by the expression MV = PT.

The whole industry is so screwed up by economics. It's disgusting to me.

Every nation on the Earth that embraces market economics and the free enterprise system is pulling millions of its people out of poverty. The free enterprise system creates prosperity, not denies it.

I learned a good deal about economics, and about America, from the author of the Reagan tax reforms - the great Jack Kemp. What gave Jack that incredible enthusiasm was his belief in the possibilities of free people, in the power of free enterprise and strong communities to overcome poverty and despair. We need that same optimism right now.

First, I think the science of monetary economics has clearly gotten better.

As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports.

I'd call it a new version of voodoo economics, but I'm afraid that would give witch doctors a bad name.

Advertising is, actually, a simple phenomenon in terms of economics. It is merely a substitute for a personal sales force - an extension, if you will, of the merchant who cries aloud his wares.

I think that the economics of book publishing favor hits with long book runs. You make all your money on the last bunch of books, not the first.

It's critical to have a sound foundation in free-market economics and the Constitution. A great many Republicans in Washington don't have that foundation.