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We remain important, you and I and all mankind. But so is the butterfly — not because it is good for food or good for making medicine or bad because it eats our orange trees. It is important in itself, as a part of the economy of nature.
Marston Bates
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In the market economy the price that is offered is counted upon to produce the result that is sought.
John Kenneth Galbraith
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You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment. To our economy it means businesspeople will not borrow as much money, invest as much money, create as many new jobs, create as much wealth, raise as many raises.
Bill Clinton
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When capital owners are few, the private-property conduits of necessity create vast savings reservoirs for those few. If there were many owners, the same conduits would broadly irrigate the economy with purchasing power.
Louis O. Kelso
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If we went into stores only when we needed to buy something, and if once there we bought only what we needed, the economy would collapse, boom.
Paco Underhill
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If time, like money, could be laid by while one was not using it, there might be some excuse for the idleness of half of the world, but yet not a full one. For even this would be such an economy as the living on a principal sum, without making it purchase interest.
Laurence Sterne
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May I always have a heart superior, with economy suitable, to my fortune.
William Shenstone
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True economy consists in always making the income exceed the out-go. Wear the old clothes a little longer if necessary; dispense with the new pair of gloves; mend the old dress: live on plainer food if need be; so that, under all circumstances, unless some unforeseen accident occurs, there will be a margin in favor of the income.
P. T. Barnum
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A market economy cannot thrive absent the well-being of average people, even in a gilded age.
Jaron Lanier
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Why do I paint? In my work as a mathematician, form, structure, and economy of expression are important. In music, add tone quality, balance and harmony. And now in painting, these aesthetic values are enhanced by color, contrast, and composition.
Robin Hartshorne
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All those who, since Adam Smith, have turned their attention to Political Economy, agree that in reality we do not buy articles of consumption with money, the circulating medium with which we pay for them. We must in the first instance have bought this money itself by the sale of our produce.
Jean-Baptiste Say
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Science is usually understood to depict a universe of strict order and lawfulness, of rigorous economy - one whose currency is energy, convertible against a service charge into a growing common pool called entropy.
Paul Alfred Weiss
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As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug.
Ludwig von Mises
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The famous Florentine elegance, which attracts tourists to the shops on Via Tornabuoni and Via della Vigna Nuova, is characterized by austerity of line, simplicity, economy of effect.
Mary McCarthy
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We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of Wealth. To that Science we give the name of Political Economy.
Nassau William Senior
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One good test of whether an economy is humanistic or not is the plausibility of earning the ability to drop out of it for a while without incident or insult.
Jaron Lanier
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Scarce a plant perhaps that has not its peculiar animal which feeds upon its various productions; scarce an animal that has not its peculiar tribe of plants on which the economy of its life, its pleasure, or its prosperity must depend.
James Hutton
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There is no device whatever to be invented for securing happiness without industry, economy, and virtue.
William Graham Sumner
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While, politically, a mixed economy preserves the semblance of an organized society with a semblance of law and order, economically it is the equivalent of the chaos that had ruled China for centuries: a chaos of robber gangs looting-and draining-the productive elements of the country.
Ayn Rand
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The fundamental principle of human action, the law, that is to political economy what the law of gravitation is to physics is that men seek to gratify their desires with the least exertion
Henry George
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Unlike an inexorable, Newtonian "great machine", the economy is not a closed system.
George Gilder
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Socialism is an insurance policy bought by all the members of a national economy to shield them from risk. But the result is to shield them from knowledge of the real dangers and opportunities...
George Gilder
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The metropolis has always been the seat of the money economy.
Georg Simmel
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Modern science will continue to be blindly destructive as long as its operations are determined by the anarchism of market economic forces. The problem to be solved is whether science, technology, and industry can be brought under genuinely democratic control in the context of a global planned economy, so that all of us can collectively put our hard-won scientific knowledge to mutually beneficial use. I am confident it can be accomplished, but will it? If so, there is reason for optimism. If not... well, to paraphrase Keynes, "in the not-so-long run we're all dead."
Clifford D. Conner
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During the 1930s, some of the leading intellectuals in America condemned our economic system and pointed to the centrally planned Soviet economy as a model -- all this at a time when literally millions of people were starving to death in the Soviet Union, from a famine in a country with some of the richest farmland in Europe and historically a large exporter of food.
Thomas Sowell
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Quote of the day
Now if the harvest is over, And the world cold, Give me the bonus of laughter, As I lose hold.
John Betjeman
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