Quotes About Economics

Interestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it's called, on the cusp of economics and psychology.

The problem is, of course, that not only is economics bankrupt but it has always been nothing more than politics in disguise ... economics is a form of brain damage.

Investing in women is smart economics, and investing in girls, catching them upstream, is even smarter economics.

History shows that where ethics and economics come in conflict, victory is always with economics.

Conventional economics is a form of brain damage. Economics is so fundamentally disconnected from the real world, it is destructive.

In the United States especially, politics and economics don’t mix well. Politicians have all sorts of reasons to pass all sorts of laws that, as well-meaning as they may be, fail to account for the way real people respond to real-world incentives.

Keynesians are to economics what witch doctors are to medicine.

It's actually a tribute to the quality of economics teaching that they have persuaded so many generations of students to believe in so much that seems so counter to what the world is like. Many of the things that I'm going to describe make so much more common sense than these notions that seem counter to what one's eyes see every day.

Good environmentalism is good economics

My policies are based not on some economics theory, but on things I and millions like me were brought up with: an honest day's work for an honest day's pay; live within your means; put by a nest egg for a rainy day; pay your bills on time; support the police.

I don't care very much for the People Magazine approach to applied economics.

People have a hard time accepting free-market economics for the same reason they have a hard time accepting evolution: it is counterintuitive. Life looks intelligently designed, so our natural inclination is to infer that there must be an intelligent designer--a God. Similarly, the economy looks designed, so our natural inclination is to infer that we need a designer--a government. In fact, emergence and complexity theory explains how the principles of self-organization and emergence cause complex systems to arise from simple systems without a top-down designer.

I prefer to call the most obnoxious feminists what they really are: feminazis. Tom Hazlett, a good friend who is an esteemed and highly regarded professor of economics at the University of California at Davis, coined the term to describe any female who is intolerant of any point of view that challenges militant feminism.

Science is not enough, religion is not enough, art is not enough, politics and economics are not enough, nor is love, nor is duty, nor is action however disinterested, nor, however sublime, is contemplation. Nothing short of everything, will really do.

When you as a designer design something that burdens a community with maintenance and old world technology, basically failed developed world technology then you will crush that community way beyond bad design; you'll destroy the economics of that community and often the community socially is broken.

I was very interested in politics in college and was heading to be a lawyer. I have a degree in economics and I was interested in it. I hadn't really gotten super serious about it and I'd done a lot of student politics in high school. I really think it would be interesting and fun and challenging to go into politics.

You can sort of see elements of Donald trump policy in different walks of life. Brazil and France have a long history in intervening in business decisions to protect local jobs. What I don't think we see is much evidence that in the long run those types of tactics make much difference, when the economics of production are pushing in the other direction.

It [eBook] is like introducing the machine gun to a revolutionary war. It changes everything. If you can reach your fans directly without having to go through a middle man, the entire economics of the publishing business changes.

The Greek idea of fate is moira, which means "portion." Fate rules a portion of your life. But there is more to life than just fate. There is also genetics, environment, economics, and so on. So it's not all written in the book before you get here, such that you don't have to do anything. That's fatalism.

Over the long term, absent of other barriers, economics always win.

Economics as a discipline has in effect become the study of capitalism. The two are taken as the same subject.

The unpopularity of economics is the result of its analysis of the effects of privileges. It is impossible to invalidate the economists demonstration that all privileges hurt the interests of the rest of the nation or at least a great part of it.

The greatest decisions I've made in my life are by instinct. I remember when I hired Bill I had a lot of people telling me it was a mistake. But he and I had established a rapport in '96 when he coached the secondary. You need a coach that understands economics, that understands the impact of the salary cap and how to make those difficult decisions that allow you to sustain success over the long term. I don't think there's anyone better than Bill at doing that.

Where there is politics or economics, there is no morality.

Most conservatives know better than to promote the state funding of art. The result of such funding is the mess that modern art has become. Atonal music is to music what subsidized art is to art. ...The fact that cacophony has reigned almost supreme since 1900 is a testimony to Mises' original observation. Atonal music is to music what socialism is to economics: planned chaos.

I founded Atari in my garage in Santa Clara while at Stanford. When I was in school, I took a lot of business classes. I was really fascinated by economics. You end up having to be a marketeer, finance maven and a little bit of a technologist in order to get a business going.

Consciousness permits us to develop the instruments of culture - morality and justice, religion, art, economics and politics, science and technology. Those instruments allow us some measure of freedom in the confrontation with nature.

[Ruling elie] haven't given up on neoliberal ideology, they use it. And I think they've normalized that ideology, the notion that, for instance, that economics should govern all of social life, to such a degree that it becomes increasingly difficult to challenge it.

I'm not sure Roosevelt was quite a monster, he just did a poor job on the economics.

[Wise men] have tried to understand our state of being, by grasping at its stars, or its arts, or its economics. But, if there is an underlying oneness of all things, it does not matter where we begin, whether with stars, or laws of supply and demand, or frogs, or Napoleon Bonaparte. One measures a circle, beginning anywhere.

How sad to see a father with money and no joy. The man studied economics, but never studied happiness.

Romney economics would spell disaster for America's middle class. In this economy there are shipbuilders and ship wreckers.

I've always been a big believer in the power of place. I believe that where we are affects who we are when it comes to happiness, spirituality, economics and creative genius.

Economics is haunted by more fallacies than any other study known to man

The questions of economics, and how they infect, or rather how they affect intimacy. And that's probably the subject of all my films.

However, I think the major opposition to ecology has deeper roots than mere economics; ecology threatens widely held values so fundamental that they must be called religious.

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

My first undertaking in the way of scientific experiment was in the field of economics and psychology.

With respect to teaching, I couldn't make sense of mainstream economics when I had to teach it to college students. At the same time, I could see at the school that there was a whole lot of hypocrisy. Not much real respect for the "higher learning."

I'll be a president that will turn our inner cities around and will give strength to people and will give economics to people and will bring jobs back.

My friends, that's trickle-down economics, and I believe every worker in America is tired of being trickled on by George W. Bush

My response [to fear of being poor]was to study contracts, finance, economics, to plan, to have a goal, to work on that goal. To learn everything I could. I always poked at the things that scared me most.

In economics it is a far, far wiser thing to be right than to be consistent

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

We've had trickle down economics in the country for ten years now, and most of us aren't even damp yet.

Economics is a slave-driver. No one has free time; no one has any leisure.

I would love to see a debate on economics between Trump and Obama. Mr. 'Scholar,' Mr. Faculty Lounge Extraordinaire versus Mr. Real World Builder. I would love to see that. Obama wouldn't even get out his first sentence by the time Trump had given ten answers.

Good economics is good politics.