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Accurate and famous quotes by Henry Hazlitt, Todor Zhivkov, John Kenneth Galbraith, John Maynard Keynes, B. R. Ambedkar, Alasdair Gray, that are about economics. You can read the best of all time or enjoy Top 10 economics images and Top 10 economics quotes. These economics quotes are handy to improve yourself and your knowledge.

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economics picture quotes

Picture quote by David Ogilvy about economics

We're all consumers. The consumer is not a moron; she is your wife. ⏤ David Ogilvy

Picture quote by Warren Buffett about economics

Price is what you pay. Value is what you get. ⏤ Warren Buffett

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This is our list with top economics picture quotes. There are awesome quotations about economics with images on Pinterest too.

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About economics

What are economics quotations about? economics is essential part of life. You need to have knowledge and control over economics to be successful. Save any quote to your bookmarks for futher reference.

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Best economics quotes

What are the best economics quotes? Best quotes about economics of all times. Some of the top sayings that are economics are here to read and remember. Access the best economics quotations. Top economics sayings on images and beautiful affirmations. Enjoy most famous quotes that are economics and bookmark favorite ones.

I am indeed rich, since my income is superior to my expenses, and my expense is equal to my wishes.

Edward Gibbon, historian

Recession is when a neighbor loses his job. Depression is when you lose yours.

Ronald Reagan, president

I learned more about the economy from one South Dakota dust storm that I did in all my years of college.

Hubert Humphrey, politician

Economics and politics are the governing powers of life today, and that's why everything is so screwy.

Joseph Campbell, author

Never spend your money before you have earned it.

Thomas Jefferson, president

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

Ronald Reagan, president

Men cannot not live by exchanging articles, but producing them. They live by work not trade.

John Ruskin, writer

Commerce is a game of skill which everyone cannot play and few can play well.

Ralph Waldo Emerson, poet

I could've told you this was gonna happen 8 years ago because it is on purpose.

James Dye,

If your outgo exceeds your income your upkeep will be your downfall.


Ask five economists and you'll get five different explanations six if one went to Harvard.

Edgar R. Fiedler, economist

And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics.

David Korten, activist

Be thrifty, but not covetous.

George Herbert, poet

An economist is someone who knows more about money than the people who have it.


Economic progress, in capitalist society, means turmoil.

Joseph Schumpeter,

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

Geraldine Ferraro, politician

How great, my friends, is the virtue of living upon a little!

Horace, poet

Frugality is founded on the principal that all riches have limits.

Edmund Burke, statesman

No nation was ever ruined by trade.

Benjamin Franklin, president

There can be economy only where there is efficiency.

Benjamin Disraeli, prime minister

Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy.

Edmund Burke, statesman

An economist's guess is liable to be as good as anybody else s.

Will Rogers, actor

The truth is, we are all caught in a great economic system which is heartless.

Woodrow Wilson, president

In economics the majority is always wrong.

John Kenneth Galbraith, economist

For economist the real world is often a special case.

Edgar R. Fiedler, economist

Economics is extremely useful as a form of employment for economists.

John Kenneth Galbraith, economist

If you took all the economists in the world and laid them end-to-end, they couldn't reach a conclusion


Recommending gastric bypass as a national solution for our diabetes epidemic is bad medicine and bad economics.

Mark Hyman,

Economic growth may one day turn out to be a curse rather than a good, and under no conditions can it either lead into freedom or constitute a proof for its existence.

Hannah Arendt, historian

No one is rich whose expenditures exceed his means, and no one is poor whose incomings exceed his outgoings.

Thomas C. Haliburton,

All the political angst and moral melodrama about getting 'the rich' to pay 'their fair share' is part of a big charade. This is not about economics, it is about politics.

Thomas Sowell, economist

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

John Kenneth Galbraith, economist

Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects.

John Kenneth Galbraith, economist

If we can boondoggle ourselves out of this depression, that word is going to be enshrined in the hearts of the American people for years to come.

Franklin D. Roosevelt, president

Competition principle does not mean a competitive edge, comrades.

Todor Zhivkov, politician

Look at the declining television coverage. Look at the declining voting rate. Economics and economic news is what moves the country now, not politics.

Robert Teeter, politician

In economics, the majority is always wrong.

John Kenneth Galbraith, economist

A study of economics usually reveals that the best time to buy anything is last year.

Marty Allen, comedian

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

Bob Hawke, statesman

We aim in the domain of politics at republicanism; in the domain of economics at socialism; in the domain of what is today called religion, at atheism.

August Bebel, politician

The Sherman Act is similar in the economics sphere to the Bill of Rights in the personal sphere.

Harold H. Greene, judge

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

Henry Hazlitt, philosopher

While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.

Herman E. Daly,

It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide.

Friedrich August von Hayek, economist

Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?

Friedrich August von Hayek, economist

Many individuals are doing what they can. But real success can only come if there is a change in our societies and in our economics and in our politics.

David Attenborough, journalist

Well, I think first of all, probably the most fundamental thing is that we are a mixed-signal analog semiconductor company, which, along with some of the other well-known names in the industry, enjoys very good economics.

David Milne,

My main interest, however, was in economics, not law.

Merton Miller, economist

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.

Merton Miller, economist

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

Merton Miller, economist

There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists.

Joseph Stiglitz, economist

But while I loved all of these courses, there was an irresistible attraction of economics.

Joseph Stiglitz, economist

As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns.

Joseph Stiglitz, economist

The most powerful argument of all for saving open space is economics; in most states, tourism is the number two industry.

Jim Fowler, scientist

My mother is an office manager, my father a professor of economics and financial planner.

Poppy Z. Brite, author

We believe that economics does not necessarily have to be a zero-sum game; it can be a win-win proposition for everyone involved so long as they have the tools in which to succeed.

Ron Kind, politician

We are enjoying sluggish times and not enjoying them very much.

George Bush,

I'm the result of upbringing, class, race, gender, social prejudices, and economics. So I'm a victim again. A result.

James Hillman, psychologist

I think we're miserable partly because we have only one god, and that's economics.

James Hillman, psychologist

The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.

David Korten, activist

The completion of my undergraduate training at the University of California (Berkeley) provided just the needed touches of rigor at advanced levels in both economics and mathematics.

Lawrence R. Klein, economist

Marxism does not make sense, and I am the first one to say this.

Todor Zhivkov, politician

If you pay with peanuts, you get monkeys.

Todor Zhivkov, politician

After graduating in engineering I went to the University of Kansas to get an MA in economics as a vehicle for allowing me to decide if I wanted to continue in economics.

Vernon L. Smith, economist

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.

Vernon L. Smith, economist

The rate of interest acts as a link between income-value and capital-value

Irving Fisher, economist

Few are sufficiently sensible of the importance of that economy in reading which selects, almost exclusively, the very first order of books. Why, except for some special reason, read an inferior book, at the very time you might be reading one of the highest order?

John W. Foster, soldier

Commerce is one of the daughters of Fortune, inconsistent and deceitful as her mother. she chooses her residence where she is least expected, and shifts her home when in appearance she seems firmly settled.

Ben Johnston,

It seems to be a law in American life that whatever enriches us anywhere except in the wallet inevitably becomes uneconomic.

Russell Baker, journalist

The existing world economic order constitutes a system of plundering and exploitation like no other in history.

Fidel Castro, statesman

People do not understand what a great revenue economy is.

Marcus Tullius Cicero, statesman

Commerce flourishes by circumstances, precarious, transitory, contingent, almost as the winds and waves that bring it to our shores.

Charles Caleb Colton, writer

The term bail-out is deceptive. They have people come up with euphenisms to hide reality

James Dye,

Members of Congress were told they could face martial law if they didn't pass the bailout bill. This will not be the last time.

James Dye,

Everyone is always in favor of general economy and particular expenditure.

Sir Anthony Eden,

Commerce changes the fate and genius of nations.

Thomas Gray, poet

With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.

Friedrich A. Hayek,

Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a thousandfold by a factor that is insignificant in , say, physics, mathematics, or medicine -- the special pleading of selfish interests.

Henry Hazlitt, philosopher

Economics, politics, and personalities are often inseparable.

Charles Edison, businessman

First rule of Economics 101: our desires are insatiable. Second rule: we can stomach only three Big Macs at a time.

Doug Horton,

The only reason to invest in the market is because you think you know something others don't.

R. Foster Winans, journalist

In a society of little economic development, universal inactivity accompanies universal poverty. You survive not by struggling against nature, or by increasing production, or by relentless labor; instead you survive by expending as little energy as possible, by striving constantly to achieve a state of immobility.

Ryszard Kapuscinski, journalist

The economy depends about as much on economists as the weather does on weather forecasters.

JeanPaul Kauffmann,

Economic growth without social progress lets the great majority of people remain in poverty, while a privileged few reap the benefits of rising abundance.

John F. Kennedy, president

The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems -- the problems of life and of human relations, of creation and behavior and religion.

John Maynard Keynes, economist

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

John Maynard Keynes, economist

So-called austerity, the stoic injunction, is the path towards universal destruction. It is the old, the fatal, competitive path. Pull in your belt is a slogan closely related to gird up your loins, or the guns-butter metaphor.

Percy Wynham Lewis,

If all the economists in the world were laid end to end, it wouldn't be a bad thing.

Peter Lynch, investor

When someone says that the free market isn't working, what he means is that he doesn't like the way the free market is working.

Nicolas Martin,

A nation is not in danger of financial disaster merely because it owes itself money.

Andrew William Mellon,

If you laid ever economist in the country end to end you would still not reach a conclusion.

Salvador Nasello,

In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.

Ezra Pound, poet

We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.

Ronald Reagan, president

The freedom to make a fortune on the stock exchange has been made to sound more alluring than freedom of speech.

John Mortimer, novelist

But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.

Franklin D. Roosevelt, president

I see one-third of a nation ill-housed, ill-clad, ill-nourished.

Franklin D. Roosevelt, president

...a force that operates year-in and year-out, whenever we are at high employment, to push up prices. It's a price creep, not a price gallop; but the bad thing about it is that, instead of setting in only after you have reached overfull employment, the suspicion is dawning that it may be a problem that plagues us even when we haven't arrived at a satisfactory level of employment.

Paul A. Samuelson,

Profit is the ignition system of our economic engine.

Charles Sawyer,

Call a thing immoral or ugly, soul-destroying or a degradation of man, a peril to the peace of the world or to the well-being of future generations; as long as you have not shown it to be uneconomic you have not really questioned its right to exist, grow, and prosper.

E. F. [Ernst Friedrich] Schumacher,

Economy is too late when you are at the bottom of your purse.

Marcus Annaeus Seneca Seneca The Elder, rhetorician

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Famous authors of economics quotes

Who has the best quotes? Top quotes from American, British, French, German and Spanish authors. 36 John Maynard Keynes quotes,5 B. R. Ambedkar quotes,7 Henry Hazlitt quotes,9 Todor Zhivkov quotes,83 John Kenneth Galbraith quotes,1 Alasdair Gray quotes, sayings and images.

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