100 Economics Quotes

Following is our list of economics quotations and slogans full of insightful wisdom and perspective about monetary value.

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Famous Economics Quotes

We evaluate the services that anyone renders to us according to the value he puts on them, not according to the value they have for us. — Friedrich Nietzsche

The one constant is value. Value is appreciated no matter where you go. — James Sinegal

The basis of the free market is anytime you can generate revenue or profit, you've created value in excess of the resources you consume in a society. — Michael Saylor

The value of an idea lies in the using of it. - Thomas A. Edison

The value of an idea lies in the using of it. — Thomas A. Edison

The value of our good is not measured by what it does, but by the amount of good it does to the one concerned. — Milton S. Hershey

Value and growth, value today, value tomorrow, growth investing, value investing, analysis, current wealth — Howard Marks

Market value is irrelevant to intrinsic value. ... Unqualified judgment can at most claim to decide the market-value - a value that can be in inverse proportion to the intrinsic value. — Arnold Schoenberg

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

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

An asset that holds its value is preferable to an asset that loses value, and savers who want to choose a medium of exchange will gravitate toward assets that hold value over time as monetary assets. — Saifedean Ammous

Lean thinking defines value as providing benefit to the customer; anything else is waste. — Eric Ries

The value is in the knowledge, and the knowledge is inside the observer and the creator, in other words, a human. — Naval Ravikant

Don't think of cost. Think of value. — John Spence

We're living through an era where value is the most potent marketing campaign you can ever run. — Tom Bilyeu

The exchangeable value of all commodities, rises as the difficulties of their production increase. — David Ricardo

Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production. — Joseph A. Schumpeter

Short Economics Quotes

  • Economic growth without investment in human development is unsustainable - and unethical. — Amartya Sen
  • Every month that we do not have an economic recovery package 500 million Americans lose their jobs. — Nancy Pelosi
  • If socialists understood economics, they wouldn't be socialist. — Friedrich August von Hayek
  • Destroying rainforest for economic gain is like burning a Renaissance painting to cook a meal. — E. O. Wilson
  • I do not want India to be an economic superpower. I want India to be a happy country. — J. R. D. Tata
  • I hope you love birds too. It is economical. It saves going to heaven. — Emily Dickinson
  • Don't let anybody tell you it's corporations and businesses that create jobs. — Hillary Clinton
  • Of the people, by the people, for the people. — Sun Yat-sen
  • We cannot choose between [economic] growth and sustainability - we must have both — Paul Polman
  • Education remains the key to both economic and political empowerment. — Barbara Jordan

Economics Image Quotes

The more numerous the laws, the more corrupt the government. - Tacitus quote

The more numerous the laws, the more corrupt the government. — Tacitus

Government is not the generator of economic growth; working people are. - Phil Gramm quote

Government is not the generator of economic growth; working people are. — Phil Gramm

Economics quote We're all consumers. The consumer is not a moron; she is your wife.
We're all consumers. The consumer is not a moron; she is your wife.
The Bahamas is headed for unprecedented economic activity. - Perry Christie quote

The Bahamas is headed for unprecedented economic activity. — Perry Christie

Innovation is the central issue in economic prosperity. - Michael Porter quote

Innovation is the central issue in economic prosperity. — Michael Porter

Globalization is incredibly efficient but also so far incredibly unjust. - Pascal Lamy quote

Globalization is incredibly efficient but also so far incredibly unjust. — Pascal Lamy

Economics quote Price is what you pay. Value is what you get.
Price is what you pay. Value is what you get.
I'm against this huge globalisation on the basis of economic advantage. - David Attenborough quote

I'm against this huge globalisation on the basis of economic advantage. — David Attenborough

In embracing change, entrepreneurs ensure social and economic stability. - George Gilder quote

In embracing change, entrepreneurs ensure social and economic stability. — George Gilder

Economics is extremely useful as a form of employment for economists. - John Kenneth Galbraith quote

Economics is extremely useful as a form of employment for economists. — John Kenneth Galbraith

Economics quote Wealth breeds a class of people for whom human beings are disposable commodities. Once oligarchs ach
Wealth breeds a class of people for whom human beings are disposable commodities. Once oligarchs achieve unchecked economic and political power, as they have in the United States, the citizens too become disposable.
Liberty cannot be established without morality, nor morality without faith. - Alexis de Tocqueville quote

Liberty cannot be established without morality, nor morality without faith. — Alexis de Tocqueville

Value Of Money Quotes

Dont think money does everything or you are going to end up doing everything for money. — Voltaire

Health is like money, we never have a true idea of its value until we lose it. - Josh Billings

Health is like money, we never have a true idea of its value until we lose it. — Josh Billings

... a bad attitude, that the love of money is the root of all evil and the rich are evil and greedy and all that stuff. It’s basically socialism and communism. — Robert Kiyosaki

Based on the foregoing analysis, the real advantage of bitcoin lies in it being a reliable long-term store of value, and a sovereign form of money that allows individuals to conduct permissionless transactions. — Saifedean Ammous

Bitcoin's revolution: an impossible-to-counterfeit digital store of value that can be used as money, that has no sovereign, or central bank involved, that can be sent anywhere instantly at virtually no cost, is irresistible. Anyone who uses it is converted. — Max Keiser

The only way that you can make the most money is to provide an exceptional valued service and charge a ton of money for it. — Alex Hormozi

As money, Bitcoin achieves two objectives; it's both a unit of transaction as well as being a store of value. The U.S. dollar, for example, is a unit of transaction, but it is not a store of value. — Max Keiser

In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold. — Max Keiser

The needs of a human being are sacred. Their satisfaction cannot be subordinated either to reasons of state, or to any consideration of money, nationality, race, or color, or to the moral or other value attributed to the human being in question, or to any consideration whatsoever. — Simone Weil

What is money? A store of value. A medium of exchange. A unit of account. And a system of control. That fourth property isn’t usually listed! Yet it’s all important. Digital fiat can be frozen, but Bitcoin can’t. It frees you from their system of control. — Balaji Srinivasan

Monetary Value Quotes

Thousand-dollar-an-hour New York professionals who pay $50 an hour for a car and driver so they can work while they commute understand clearly the monetary value of their time. — Edward O. Thorp

War, poverty, corruption, hunger, misery, human suffering will not change in a monetary system. That is, there will be very little significant change. It’s going to take the redesign of our culture and values. — Jacque Fresco

Decentralization is only a means towards the key to blockchain value, trust minimization, which brings a host of benefits: immutability, censorship resistance, global seamlessness, monetary and financial sovereignty. Other kinds of decentralization are security theater. — Nick Szabo

Bitcoin is the first software network capable of storing all the monetary energy in the world with no loss of power over time and negligible transmission loss. Assuming broad adoption, that would make it the most valuable invention of the modern era. Few understand this. — Michael Saylor

Paper money eventually returns to its intrinsic value - zero. — Voltaire

Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation. — Murray Rothbard

Perhaps the moral ambiguity of money is most plainly evidenced in the popular belief that money itself has value and that the worth of other things or of men is somehow measured in monetary terms, rather than the other way around. — William Stringfellow

The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily ambiguous; and its future is highly uncertain. — Benjamin Graham

Price, taken by itself, is nothing but the monetary expression of value. — Karl Marx

It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges, at the hands of men, who control the fictitious value of gold. Interest is the invention of Satan. — Thomas A. Edison

Adding Value Quotes

All we are doing is looking at the time line, from the moment the customer gives us an order to the point when we collect the cash. And we are reducing the time line by reducing the non-value adding wastes. — Taiichi Ohno

And we are reducing the time line by reducing the non-value-added wastes. — Taiichi Ohno

Ads sell more than products. They sell values, they sell images. They sell concepts of love and sexuality, of success and perhaps most important, of normalcy. To a great extent, they tell us who we are and who we should be. — Jean Kilbourne

If you wanna make money, you should want to make it while adding value. there are lots of rich people who objectively subtracted from human productivity with abuse of switching cost, monopolistic crap software etc etc. pox on that. add value. — Adam Back

Flourishing goes beyond happiness, or satisfaction with life. True, people who flourish are happy. But that's not the half of it. Beyond feeling good, they're also doing good-adding value to the world. — Barbara Fredrickson

Increased fragmentation of production across international borders - a natural outgrowth of the gains from specialization - meant more trade for any given value of final production, thus adding to the major expansion in gross trade flows in the 1990s and 2000s. — Jerome Powell

Great learning and superior abilities...will be of little value and small estimation unless virtue, honor, truth, and integrity are added to them. — Abigail Adams

To the extent I can, I try to maintain a laser focus on what needs to get done from a priority standpoint. And not just from an urgency standpoint, but from a value-added standpoint. So where can I add the most value? Where is my time best spent? — Ivanka Trump

Manners are like zero in arithmetic. They may not be much in themselves, but they are capable of adding a great deal of value to everything else. — Freya Stark

The value of an ad is in inverse ratio to the number of times it has been used. — Raymond Rubicam

People Writing About Economics

Name Quotes Likes
Read quotes by Friedrich Nietzsche

Friedrich Nietzsche
quotes on god, love and morality

2473 32550
Read quotes by James Sinegal

James Sinegal
quotes on leadership, success and education

38 179
Read quotes by Michael Saylor

Michael Saylor
quotes on technology, bitcoin and money

69 1
Read quotes by Thomas A. Edison

Thomas A. Edison
quotes on success, innovation and medicine

348 8441
Read quotes by Milton S. Hershey

Milton S. Hershey
quotes on education, love

11 2247
Read quotes by Howard Marks

Howard Marks
quotes on cycle, risk and investing

117 1

More Economics Quotes

A nation will not survive morally or economically when so few have so much and so many have so little. — Bernie Sanders

True individual freedom cannot exist without economic security and independence. People who are hungry and out of a job are the stuff of which dictatorships are made. — Franklin D. Roosevelt

There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism - by vote. It is merely the difference between murder and suicide. — Ayn Rand

The oil is a gift bestowed by God on the Arab nation, to use after centuries of poverty, backwardness and servitude - in raising its living standards, developing its economic, social and cultural conditions, and building up its own power to meet the challenges and conspiracies besetting it. — Saddam Hussein

Today, the top one-tenth of 1% owns nearly as much wealth as the bottom 90%. The economic game is rigged, and this level of inequality is unsustainable. We need an economy that works for all, not just the powerful. — Bernie Sanders

Neither the military might nor the economic and technological development makes a nation great. It is made great by it's citizens with Self Respect and Integrity ingrained in their lives. — Pandurang Shastri Athavale

I believe profoundly in the possibilities of democracy, but democracy needs to be emancipated from capitalism. As long as we inhabit a capitalist democracy, a future of racial equality, gender equality, economic equality will elude us. — Angela Davis

How can wealth persuade poverty to use its political freedom to keep wealth in power? Here lies the whole art of Conservative politics in the twentieth century. — Aneurin Bevan

The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer. — Adam Smith

In an ideal world, you could reunite the Pakistan-occupied part of Kashmir with the Indian-occupied part and restore the old borders. You could have both India and Pakistan agreeing to guarantee those borders, demilitarise the area, and to invest in it economically. In a sane world that would happen, but we don't live in a sane world. — Salman Rushdie

We are not afraid of economic sanctions or military intervention. What we are afraid of is Western universities. — Ruhollah Khomeini

A community is democratic only when the humblest and weakest person can enjoy the highest civil, economic, and social rights that the biggest and most powerful possess. — A. Philip Randolph

A socialist is somebody who doesn't have anything, and is ready to divide it up equally among everybody. — George Bernard Shaw

But let me offer you my definition of social justice: I keep what I earn and you keep what you earn. Do you disagree? Well then tell me how much of what I earn belongs to you - and why? — Walter E. Williams

The fusion (of economic functions) would compel nations to fuse their sovereignty into that of a single European State. — Jean Monnet

We always said that our struggle was not only against the British as representatives of colonialism, it was against all the evil that existed in India. The evil of the feudal system, the evil of the system based on caste, the evil of economic injustice. — Indira Gandhi

The economic issues are most vital for us and it is of the highest importance that we should fight our biggest enemies - Poverty, unemployment. — Lal Bahadur Shastri

War is no longer made by simply analyzed economic forces if it ever was. War is made or planned now by individual men, demagogues and dictators who play on the patriotism of their people to mislead them into a belief in the great fallacy of war when all their vaunted reforms have failed to satisfy the people they misrule. — Ernest Hemingway

The inescapable fact is that when we build a society based on greed, selfishness, and ruthless competition, the fruits we can expect to reap are economic insecurity at home and international discord abroad. — Tommy Douglas

God, how patient are Thy poor! These corporations and masters of manipulation in finance heaping up great fortunes by a system of legalized extortion, and then exacting from the contributors-to whom a little means so much-a double share to guard the treasure! — Sayings

It's a different kind of economic recovery. The kind where bankers steal trillions and you don't have a job. — Alex Jones

If the natural tendencies of mankind are so bad that it is not safe to permit people to be free, how is it that the tendencies of these organizers are always good? Do not the legislators and their appointed agents also belong to the human race? Or do they believe that they themselves are made of a finer clay than the rest of mankind? — Frederic Bastiat

The more successfully a city mingles everyday diversity of uses and users in its everyday streets, the more successfully, casually (and economically) its people thereby enliven and support well-located parks that can thus give back grace and delight to their neighborhoods instead of vacuity. — Jane Jacobs

[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous. — Friedrich August von Hayek

No one will really understand politics until they understand that politicians are not trying to solve our problems. They are trying to solve their own problems - of which getting elected and re-elected are number one and number two. Whatever is number three is far behind. — Thomas Sowell

Instead of building the peace by attacking injustices like starvation, disease, illiteracy, political and economic servitude, we spend a trillion dollars on war since 1946, until hatred and conflict have become the international preoccupation. — Daniel Berrigan

History fails to record a single precedent in which nations subject to moral decay have not passed into political and economic decline. There has been either a spiritual awakening to overcome the moral lapse or a progressive deterioration leading to ultimate national disaster. — Douglas MacArthur

Sometimes the lack of substantive freedoms relates directly to economic poverty, which robs people of the freedom to satisfy hunger; or to achieve sufficient nutrition, or to obtain remedies for treatable illnesses or the opportunity to be adequatley clothed or sheltered, or to enjoy clean water or sanitary facilities. — Amartya Sen

The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists. — Joan Robinson

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