Famous quotes by Economists


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"People who enjoy meetings should not be in charge of anything"
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"It might be said that it is the ideal of the employer to have production without employees and the ideal of the employee is to have income without work"
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"Talkers are usually more articulate than doers, since talk is their specialty"
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"If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 60 years ago, a liberal 30 years ago and a racist today"
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"The real minimum wage is zero"
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"There are few things more dishonorable than misleading the young"
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"The most basic question is not what is best, but who shall decide what is best"
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"Would you bet your paycheck on a weather forecast for tomorrow? If not, then why should this country bet billions on global warming predictions that have even less foundation?"
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"Infinite growth of material consumption in a finite world is an impossibility"
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"If, however, economic ambitions are good servants, they are bad masters"
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"You can either read something many times in order to be assured that you got it all, or else you can define your purpose and use techniques which will assure that you have met it and gotten what you need"
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"The system of nature, of which man is a part, tends to be self-balancing, self-adjusting, self-cleansing. Not so with technology"
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"The printing press is either the greatest blessing or the greatest curse of modern times, sometimes one forgets which it is"
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"Never let an inventor run a company. You can never get him to stop tinkering and bring something to market"
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"Many people love in themselves what they hate in others"
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"Anything that we can do to raise personal savings is very much in the interest of this country"
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"I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said"
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"The welfare state is not really about the welfare of the masses. It is about the egos of the elites"
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"The simplest and most psychologically satisfying explanation of any observed phenomenon is that it happened that way because someone wanted it to happen that way"
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"The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending"
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"What is ominous is the ease with which some people go from saying that they don't like something to saying that the government should forbid it. When you go down that road, don't expect freedom to survive very long"
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"What 'multiculturalism' boils down to is that you can praise any culture in the world except Western culture - and you cannot blame any culture in the world except Western culture"
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"Too much of what is called "education" is little more than an expensive isolation from reality"
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"There are only two ways of telling the complete truth - anonymously and posthumously"
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"If you are not prepared to use force to defend civilization, then be prepared to accept barbarism"
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"If the battle for civilization comes down to the wimps versus the barbarians, the barbarians are going to win"
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"Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric"
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"Facts do not speak for themselves. They speak for or against competing theories. Facts divorced from theories or visions are mere isolated curiosities"
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"Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders"
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"Each new generation born is in effect an invasion of civilization by little barbarians, who must be civilized before it is too late"
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