Economy Quotes

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One channel for transmitting Communist models to the Nazi movement were right-wing intellectuals with a left-wing bent close to Hitler, known as the 'National Bolsheviks.' Their chief theoreticians, Joseph Goebbels and Otto Strasser, greatly impressed by Bolshevik successes in Russia, wanted Germany to help Soviet Russia build up her economy in return for her political support against France and England.

Science is part of the Darwinian struggle for life. It helps us to organize our experience. It leads us to economy of thought. Mathematical laws are nothing more than conventions useful for summarizing the results of possible experiments.

Isabelle Stengers

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...

The federal budget deficit is the biggest single impediment to revitalizing the American economy.

Unlike an inexorable, Newtonian "great machine", the economy is not a closed system.

To condemn free-market capitalism because of anything going on today makes no sense. There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political parties. One may condemn the fraud and the current system, but it must be called by its proper names Keynesian inflationism, interventionism, and corporatism.

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

Of all the statist violations of individual rights in a mixed economy, the military draft is the worst. It is an abrogation of rights. It negates man's fundamental right-the right to life-and establishes the fundamental principle of statism: that a man's life belongs to the state, and the state may claim it by compelling him to sacrifice it in battle. Once that principle is accepted, the rest is only a matter of time.

A government decision that slashes spending at the wrong time and sends a weak economy into a tailspin can be just as undisciplined as one that unleashes a wasteful spending spree in an overheated environment.

Peter Blair Henry

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.

There is no device whatever to be invented for securing happiness without industry, economy, and virtue.

William Graham Sumner

Economy of communication and of apprehension is of the very essence of science. Herein lies its pacificatory, its enlightening, its refining element.

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.

The economy is just a metaphorical device, it's not real. That's why it's got the word con in it.

For nitrogen plays a double role in human economy. It appears like Brahma in two aspects, Vishnu the Preserver and Siva the Destroyer.

There are two very natural propensities which we may distinguish in the most virtuous and liberal dispositions, the love of pleasure and the love of action. If the former is refined by art and learning, improved by the charms of social intercourse, and corrected by a just regard to economy, to health, and to reputation, it is productive of the greatest part of the happiness of private life.

The world economy, the world environment, the world AIDS crisis, the world arms race: they affect us all.

Most intellectuals outside the field of economics show remarkably little interest in learning even the basic fundamentals of economics. Yet they do not hesitate to make sweeping pronouncements about the economy in general, businesses in particular, and the many issues revolving around what is called 'income distribution'.

Roughly two billion people participate in the money economy, with less than half of those living in the wealthy countries of the developed world. These affluent 800 million, however, account for more than 75 percent of the world's energy and resource consumption, and also create the bulk of its industrial, toxic, and consumer waste.

Put simply, if we do not redirect our extraction and production systems and change the way we distribute, consume, and dispose of our stuff-what I sometimes call the take-make-waste model-the economy as it is will kill the planet.

But the system of prices ruling the market not only transmits information in the light of which economic agents can mutually adjust their actions, it also provides them with an incentive to exercise economy in terms of money.

Michael Polanyi

To attempt to enumerate the complicated variety of mischiefs in the whole system of the social economy, which proceed from a neglect of the maxims that uphold public credit, and justify the solicitude manifested by the House on this point, would be an improper intrusion on their time and patience.

Alexander Hamilton

Play may not have so high a place in the divine economy, but is has as legitimate a place as prayer.

Josiah Gilbert Holland

Writers in a profit making economy are an exploitable commodity whose works are products to be marketed, and are so judged and handled.

Markets are nimble and efficient, gathering the collective but disbursed intelligence of the economy's players and communicating up-to-the-minute realities of prices, product availability, etc. Government is typically cumbersome, plodding, and slow.