Quotes by Economists

Education is the key to the future: You've heard it a million times, and it's not wrong. Educated people have higher wages and lower unemployment rates, and better-educated countries grow faster and innovate more than other countries. But going to college is not enough. You also have to study the right subjects. Alex Tabarrok
Education Future You People Key College Faster Other Enough Other Countries Innovate Rates More Higher Wrong Study Countries Also Educated Educated People Wages Heard Subjects Times Unemployment Than Going Lower Grow Right Million Million Times
Facts are not liberals' strong suit. Rhetoric is. Thomas Sowell
Strong Liberals Strong Suit Facts Rhetoric Suit
The big divide in this country is not between Democrats and Republicans, or women and men, but between talkers and doers. Thomas Sowell
Women Men Country Big Divide Between Talkers Democrats Democrats And Republicans Doers Women And Men Republicans
Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it. Thomas Sowell
Capitalism Gender Else Considered Only Color Knows Within Green Subservient Cannot Race Ethnicity Hence Necessarily
Too much of what is called 'education' is little more than an expensive isolation from reality. Thomas Sowell
Education Reality Too Much Isolation Too More Than Expensive Little Much
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. Milton Friedman
Depression Government Great Other Great Depression Severe Rather Instability Mismanagement Like Economy Most Periods Private Unemployment Than Any Produced Inherent
Liberalism is totalitarianism with a human face. Thomas Sowell
Face Totalitarianism Liberalism Human Human Face
What is ominous is the ease with which some people go from saying that they don't like something to saying that the government should forbid it. When you go down that road, don't expect freedom to survive very long. Thomas Sowell
Government Saying Freedom You People Some People Long Down Ominous Ease Some Something Road Like Forbid Go Very Expect Survive Which To Survive Should
Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric. Thomas Sowell
Freedom Too Much Too Cost Relinquished Price Cheap Blood Rhetoric Much Agony
What 'multiculturalism' boils down to is that you can praise any culture in the world except Western culture - and you cannot blame any culture in the world except Western culture. Thomas Sowell
You Blame Culture World Down Except Praise Western Western Culture Any Cannot Multiculturalism Boils
Science is the great antidote to the poison of enthusiasm and superstition. Adam Smith
Great Science Enthusiasm Poison Superstition Antidote
The more people who are dependent on government handouts, the more votes the left can depend on for an ever-expanding welfare state. Thomas Sowell
Government People Welfare Depend State More More People Votes Welfare State Left Dependent Who
Education is not merely neglected in many of our schools today, but is replaced to a great extent by ideological indoctrination. Thomas Sowell
Education Today Great Our Neglected Great Extent Merely Indoctrination Schools Ideological Replaced Many Extent
As for gun control advocates, I have no hope whatever that any facts whatever will make the slightest dent in their thinking - or lack of thinking. Thomas Sowell
Hope Will Gun Gun Control Whatever Control Thinking Slightest No Hope Facts Make Advocate Dent Any Lack
The only function of economic forecasting is to make astrology look respectable. John Kenneth Galbraith
Respectable Astrology Only Economic Look Make Function
Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders. Thomas Sowell
Day Big Few Politicians Pay Our April Discourage Few Things Being After Might Taxes Held Elections Should Income Things
Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good. Thomas Sowell
Good History World Three Past Has-Been Over Been Western Western World Replacing Decades Social Worked Much
No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. Adam Smith
Happy Miserable Society Members Part Greater Surely Which Poor Far Flourishing
Underlying most arguments against the free market is a lack of belief in freedom itself. Milton Friedman
Freedom Free Argument Market Free Market Most Underlying Itself Lack Against Belief
The government solution to a problem is usually as bad as the problem. Milton Friedman
Government Problem Bad Solution
Hell hath no fury like a bureaucrat scorned. Milton Friedman
Politics Hell Fury Hath Like Scorned Bureaucrat
So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. Milton Friedman
History People Free Unleashed Way System Enterprise Record Free Enterprise Free Enterprise System Absolutely Clear Crystal Alternative Discovered Lot Improving Candle Hold Ordinary Ordinary People Far Productive Activities
In my experience, poor people are the world's greatest entrepreneurs. Every day, they must innovate in order to survive. They remain poor because they do not have the opportunities to turn their creativity into sustainable income. Muhammad Yunus
Day Experience Creativity Every Day People World Opportunities Every Innovate Must Remain Entrepreneurs Because Greatest Survive Order Sustainable To Survive Poor Turn Poor People Income
The least productive people are usually the ones who are most in favor of holding meetings. Thomas Sowell
People Holding Meetings Favor Most Least Productive Who
In liberal logic, if life is unfair then the answer is to turn more tax money over to politicians, to spend in ways that will increase their chances of getting reelected. Thomas Sowell
Life Money Will Unfair Politicians Increase Liberal Spend Ways Logic More Over Answer Getting Tax Tax Money Turn Then Chances
One of the common failings among honorable people is a failure to appreciate how thoroughly dishonorable some other people can be, and how dangerous it is to trust them. Thomas Sowell
Failure Trust People Dangerous Other Honorable Thoroughly Some Failings How Common Dishonorable Them Among Appreciate
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