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Famous quotes by Economists

EconomistsFinancial experts have long been recognized for their informative and also thought-provoking quotes on the economy and its influence on society. From the knowledge of Adam Smith to the wit of John Maynard Keynes, these quotes supply an unique viewpoint on the globe of business economics. Whether you're searching for motivation or just a little bit of understanding, these quotes by financial experts are sure to give you with a much deeper understanding of the economic climate and also its results on our lives.
Small: Infinite growth of material consumption in a finite world is an impossibility
"Infinite growth of material consumption in a finite world is an impossibility"
E. F. Schumacher, Economist
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Small: The German future lies in the hands of our Fuehrer
Hjalmar Schacht
"The German future lies in the hands of our Fuehrer"
Hjalmar Schacht, Economist
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Small: Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience
Adam Smith
"Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience"
Adam Smith, Economist
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Small: No complaint... is more common than that of a scarcity of money
Adam Smith
"No complaint... is more common than that of a scarcity of money"
Adam Smith, Economist
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Small: There are few things more dishonorable than misleading the young
"There are few things more dishonorable than misleading the young"
Thomas Sowell, Economist
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Small: In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectabilit
"In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability"
John Kenneth Galbraith, Economist
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Small: You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and
"You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing"
Thomas Sowell, Economist
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Small: On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity
Adam Smith
"On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity"
Adam Smith, Economist
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Small: All money is a matter of belief
Adam Smith
"All money is a matter of belief"
Adam Smith, Economist
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Small: If you are not prepared to use force to defend civilization, then be prepared to accept barbarism
"If you are not prepared to use force to defend civilization, then be prepared to accept barbarism"
Thomas Sowell, Economist
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Small: Economics is extremely useful as a form of employment for economists
"Economics is extremely useful as a form of employment for economists"
John Kenneth Galbraith, Economist
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Small: Ask five economists and youll get five different answers - six if one went to Harvard
Edgar R. Fiedler
"Ask five economists and you'll get five different answers - six if one went to Harvard"
Edgar R. Fiedler, Economist
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Small: Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time.
"Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like"
Martin Feldstein, Economist
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Small: I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engi
"I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments"
Friedrich August von Hayek, Economist
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Small: The most basic question is not what is best, but who shall decide what is best
"The most basic question is not what is best, but who shall decide what is best"
Thomas Sowell, Economist
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Small: Happiness never lays its finger on its pulse
Adam Smith
"Happiness never lays its finger on its pulse"
Adam Smith, Economist
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Small: Defense is superior to opulence
Adam Smith
"Defense is superior to opulence"
Adam Smith, Economist
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Small: What is ominous is the ease with which some people go from saying that they dont like something to saying that
"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"
Thomas Sowell, Economist
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Small: The welfare state is not really about the welfare of the masses. It is about the egos of the elites
"The welfare state is not really about the welfare of the masses. It is about the egos of the elites"
Thomas Sowell, Economist
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Small: The problem isnt that Johnny cant read. The problem isnt even that Johnny cant think. The problem is that John
"The problem isn't that Johnny can't read. The problem isn't even that Johnny can't think. The problem is that Johnny doesn't know what thinking is; he confuses it with feeling"
Thomas Sowell, Economist
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Small: Mystical references to society and its programs to help may warm the hearts of the gullible but what it really
"Mystical references to society and its programs to help may warm the hearts of the gullible but what it really means is putting more power in the hands of bureaucrats"
Thomas Sowell, Economist
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Small: It takes considerable knowledge just to realize the extent of your own ignorance
"It takes considerable knowledge just to realize the extent of your own ignorance"
Thomas Sowell, Economist
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Small: Theres a certain part of the contented majority who love anybody who is worth a billion dollars
"There's a certain part of the contented majority who love anybody who is worth a billion dollars"
John Kenneth Galbraith, Economist
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Small: The modern conservative is engaged in one of mans oldest exercises in moral philosophy that is, the search for
"The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness"
John Kenneth Galbraith, Economist
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Small: More die in the United States of too much food than of too little
"More die in the United States of too much food than of too little"
John Kenneth Galbraith, Economist
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Small: It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of though
"It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought"
John Kenneth Galbraith, Economist
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Small: The system of nature, of which man is a part, tends to be self-balancing, self-adjusting, self-cleansing. Not
"The system of nature, of which man is a part, tends to be self-balancing, self-adjusting, self-cleansing. Not so with technology"
E. F. Schumacher, Economist
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Small: The printing press is either the greatest blessing or the greatest curse of modern times, sometimes one forget
"The printing press is either the greatest blessing or the greatest curse of modern times, sometimes one forgets which it is"
E. F. Schumacher, Economist
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Small: If all else fails, immortality can always be assured by spectacular error
"If all else fails, immortality can always be assured by spectacular error"
John Kenneth Galbraith, Economist
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Small: Faced with the choice between changing ones mind and proving that there is no need to do so, almost everyone g
"Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof"
John Kenneth Galbraith, Economist
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