economics quotes

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What are economics quotes?

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

What are the best economics images quotes?

Here is selection of the finest quotes embed as messages on beautiful images. Beautiful economics affirmations to read, bookmark and share with your friends and family.

  1. Picture quote by David Ogilvy about economics

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

  2. Picture quote by Warren Buffett about economics

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

Top 10 quotes about economics

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What are the best economics quotations?

Below you can read the best quotes about economics of all times. Some of the top sayings from famous people here to read and remember. Access the best economics quotations. Top economics sayings on images and beautiful affirmations. Enjoy 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

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

Ronald Reagan

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

Joseph Campbell

Never spend your money before you have earned it.

Thomas Jefferson

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

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

Hubert Humphrey

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


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

John Ruskin

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

Ralph Waldo Emerson

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

Edgar R. Fiedler

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

James Dye

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

Geraldine Ferraro

Economic progress, in capitalist society, means turmoil.

Joseph Schumpeter

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


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


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

Edmund Burke

There can be economy only where there is efficiency.

Benjamin Disraeli

No nation was ever ruined by trade.

Benjamin Franklin

Be thrifty, but not covetous.

George Herbert

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

Edmund Burke

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

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

Mark Hyman

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

Will Rogers

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

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

John Kenneth Galbraith

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


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

Thomas C. Haliburton

For economist the real world is often a special case.

Edgar R. Fiedler

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

Woodrow Wilson

In economics the majority is always wrong.

John Kenneth Galbraith

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.

John Kenneth Galbraith

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.

Rosser Reeves

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.

Stephen King

I will check the internet for at least an hour every morning scanning worldwide news to do with child abuse. So if you're constantly putting yourself in an environment where you're checking up on social economics or homelessness problems, if you keep yourself aware of it, you don't really have a day off.

Samantha Morton

Much of what Tea Party candidates claimed about the world and the global economy during the 2010 elections would have earned their adherents a well-deserved F in any freshman economics (or earth science) class.

Eric Alterman

To be brutally honest, it's simple economics. If they want to come into cycling, sponsors need to know the team they are funding is clean, otherwise the risk is just too great.

David Millar

I don't think Obama understands basic economics. Not economics that work. He may understand some theory that someone in Princeton sat and dreamed up, but it's not working.

Rick Perry

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.

Marco Rubio

All of the problems we're facing with debt are manmade problems. We created them. It's called fantasy economics. Fantasy economics only works in a fantasy world. It doesn't work in reality.

Michele Bachmann

The moment is ripe for an experienced businessman to talk practical, prudent economics to the electorate - which is why Mitt Romney's political fortunes are steadily being resurrected from the grave.

Camille Paglia

History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them.

B. R. Ambedkar

Journalism students need to understand it and need a solid background in the liberal arts, in sociology, economics, literature and language, because they won't get it later on.

Harrison Salisbury

A large part of crime is economics - if people are working and and have a home and family to support, then I believe you can reduce the crime rate.

Vincent Frank

Economics, politics, and personalities are often inseparable.

Charles Edison

That is why I believe that art is so much more significant than either economics or philosophy. It is the direct measure of man's spiritual vision.

Herbert Read

...there were certain chapters when I stopped writing, saw the domestic situation I was in and thought, I don't want to face this world, let's get back to the hellish one I'm imagining.

Alasdair Gray

An economic system which can only expand or expire must be false to all that is human.

Edward Abbey

The notion that big business and big labor and big government can sit down around a table somewhere and work out the direction of the American economy is at complete variance with the reality of where the American economy is headed. I mean, it's like dinosaurs gathering to talk about the evolution of a new generation of mammals.

Bruce Babbit

For the past 15 years or so, British governments have tried to persuade the rest of us that the best judges of the national interest are...businessmen. This may be a ridiculous statement, but -- ominously -- fewer and fewer people laugh at it.

Neil Ascherson

Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.

George Reisman

I love the gallery, the arena of representation. It's a commercial world, and morality is based generally around economics, and that's taking place in the art gallery.

Jeff Koons

Wherever there is great property, there is great inequality.

Adam Smith

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

Lawrence Summers

Economics has never been a science - and it is even less now than a few years ago.

Paul Samuelson

And I know this happens because I took economics, and I'd explain it to ya, but I flunked that course. Not my fault. They taught it at 8 o'clock in the morning. And there is absolutely nothing you can learn out of one bloodshot eye.

Lewis Black

Give me a one-handed economist! All my economists say, On the one hand on the other.

Harry S Truman

The science hangs like a gathering fog in a valley, a fog which begins nowhere and goes nowhere, an incidental, unmeaning inconvenience to passers-by.

H. G. [Herbert George] Wells

The recent gain in the stock market is like climbing half-way up a ditch, which is great, but you're still in the ditch

Quinn Van Zanten

October. This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February.

Mark Twain

The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.

James Thurber

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

Thomas Sowell

Commerce has set the mark of selfishness, the signet of its all-enslaving power, upon a shining ore, and called it gold: before whose image bow the vulgar great, the vainly rich, the miserable proud, the mob of peasants, nobles, priests, and kings, and with blind feelings reverence the power that grinds them to the dust of misery.

Percy Bysshe Shelley

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

Marcus Annaeus Seneca Seneca The Elder

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

Profit is the ignition system of our economic engine.

Charles Sawyer

...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

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

Franklin D. Roosevelt

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

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

John Mortimer

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

Ronald Reagan

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

Ezra Pound

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

Salvador Nasello

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

Andrew William Mellon

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

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

Peter Lynch

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

John Maynard Keynes

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

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

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

JeanPaul Kauffmann

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

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

R. Foster Winans

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

Doug Horton

There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. We have no reason to be ashamed of that, since the same would hold for many branches of mathematics.

John Hicks

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

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

Commerce changes the fate and genius of nations.

Thomas Gray

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

Sir Anthony Eden

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

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

James Dye

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

Charles Caleb Colton

People do not understand what a great revenue economy is.

Marcus Tullius Cicero

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

Fidel Castro

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

Russell Baker

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

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

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

Irving Fisher

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

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

If you pay with peanuts, you get monkeys.

Todor Zhivkov

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