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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: 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: 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: 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: 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: 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 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: The herd instinct among forecasters makes sheep look like independent thinkers
Edgar R. Fiedler
"The herd instinct among forecasters makes sheep look like independent thinkers"
Edgar R. Fiedler, 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: Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of
"Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone"
Frederic Bastiat, Economist
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Small: The only way that were going to feel secure in this country again and that were going to feel good about ourse
"The only way that we're going to feel secure in this country again and that we're going to feel good about ourselves is if we use these systems we've put into place to create positive change around the world. I really believe we can do that"
John Perkins, Economist
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Small: Government is the great fiction, through which everybody endeavors to live at the expense of everybody else
"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else"
Frederic Bastiat, Economist
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Small: Weve built the largest empire in the history of the world. Its been done over the last 50 years since World Wa
"We've built the largest empire in the history of the world. It's been done over the last 50 years since World War II with very little military might, actually. It's only in rare instances like Iraq where the military comes in as a last resort"
John Perkins, Economist
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Small: What were talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemp
Arthur Laffer
"What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money"
Arthur Laffer, Economist
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Small: But ultimately what I was impressed by during my years in government was how much the intellectual climate and
"But ultimately what I was impressed by during my years in government was how much the intellectual climate and the prevailing intellectual notions constrained and represented the universe within which the discourse took place"
Lawrence Summers, 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: War... is harmful, not only to the conquered but to the conqueror
"War... is harmful, not only to the conquered but to the conqueror"
Ludwig von Mises, Economist
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Small: I started working and publishing in price theory by 1938
"I started working and publishing in price theory by 1938"
George Stigler, Economist
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Small: I regard it in fact as the great advantage of the mathematical technique that it allows us to describe, by mea
"I regard it in fact as the great advantage of the mathematical technique that it allows us to describe, by means of algebraic equations, the general character of a pattern even where we are ignorant of the numerical values which will determine its particular manifestation"
Friedrich August von Hayek, Economist
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Small: Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different
"Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently"
Joseph Stiglitz, Economist
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Small: The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation
"The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens"
John Maynard Keynes, Economist
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Small: The public should know that the liability issues here have yet to be resolved, or even raised. If youre a farm
"The public should know that the liability issues here have yet to be resolved, or even raised. If you're a farmer and you're growing a genetically engineering food crop, those genes are going to flow to the other farm"
Jeremy Rifkin, 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: Concentrated power is not rendered harmless by the good intentions of those who create it
"Concentrated power is not rendered harmless by the good intentions of those who create it"
Milton Friedman, Economist
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Small: Wherever my work may take me in the near future even if you should see me one day within the fortress - you ca
Hjalmar Schacht
"Wherever my work may take me in the near future even if you should see me one day within the fortress - you can always count on me as your reliable assistant"
Hjalmar Schacht, Economist
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Small: Since our economy is closely allied with that of foreign countries, not one of us can be indifferent to what c
Hjalmar Schacht
"Since our economy is closely allied with that of foreign countries, not one of us can be indifferent to what consequences these disturbances can have at home and abroad"
Hjalmar Schacht, Economist
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Small: Allied supplies of arms to Russia, and the manpower reserves of Russia have been sufficient to bring continuou
Hjalmar Schacht
"Allied supplies of arms to Russia, and the manpower reserves of Russia have been sufficient to bring continuous counter-attacks against our Eastern Front"
Hjalmar Schacht, Economist
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Small: The Jews must realize that their influence in Germany has disappeared for all time
Hjalmar Schacht
"The Jews must realize that their influence in Germany has disappeared for all time"
Hjalmar Schacht, Economist
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Small: The economy is a very sensitive organism
Hjalmar Schacht
"The economy is a very sensitive organism"
Hjalmar Schacht, Economist
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Small: The very necessity of bringing our armament up to a certain level as rapidly as possible must place in the for
Hjalmar Schacht
"The very necessity of bringing our armament up to a certain level as rapidly as possible must place in the foreground the idea of as large returns as possible in foreign exchange and therewith the greatest possible assurance of raw material supplies, through exporting"
Hjalmar Schacht, Economist
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Small: The repeated announcements that the Russian resistance was definitely broken have been proved to be untrue
Hjalmar Schacht
"The repeated announcements that the Russian resistance was definitely broken have been proved to be untrue"
Hjalmar Schacht, Economist
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