2214 quotes by economists for you to enjoy

We shall not grow wiser before we learn that much that we have done was very foolish. Friedrich August von Hayek

Experience Before Shall Foolish Wiser Learn Very Done Much Grow

The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way. Milton Friedman

Government Great World Way Runs Construct Civilization Pursuing Self Individuals Come Industry Ford His Revolutionize Bureaucrat Achievements Order Automobile Automobile Industry Einstein Interests Theory Henry Henry Ford Great Achievements

January is always a good month for behavioral economics: Few things illustrate self-control as vividly as New Year's resolutions. February is even better, though, because it lets us study why so many of those resolutions are broken. Sendhil Mullainathan

Good Broken Better Economics Year Few Month Those Though Vividly February Study Self-Control New Because Always Behavioral Few Things January Us Many Even Lets Why Illustrate Things Resolutions

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

Economics Extremely Economists Employment Form Useful

The avoidance of taxes is the only intellectual pursuit that still carries any reward. John Maynard Keynes

Finance Reward Carries Only Pursuit Still Intellectual Any Taxes Avoidance

You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing. Thomas Sowell

You Will Nothing Everything Outcomes Never Until Understand Bureaucrats Procedure

Without a moral framework, there is nothing left but immediate self-indulgence by some and the path of least resistance by others. Neither can sustain a free society. Thomas Sowell

Path Free Free Society Nothing Society Others Framework Immediate Neither Moral Some Without Least Left Sustain Resistance

The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion. John Maynard Keynes

Life Day Religion Heart Problem Behavior Problems Will Creation Relations Back Our Economic Arena Take Head Occupied Real Off Real Problems Human Where Far Human Relations Seat Belongs

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. John Maynard Keynes

Government Wealth Inflation Important Secretly Citizens Part Important Part Continuing Process

Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the civilized world, while a totally voluntary society represents its ultimate success. Mark Skousen

Success Failure World Build Pay Defeat Society State Complete Totalitarian Totalitarian State Totally Civilized Civilized Society Civilized World Higher Price Voluntary Failing Greater Ultimate Represents Tax While Taxation Planned Level

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. Milton Friedman

Government People Problem More Consumer Protect Want Urgent Much Many

The most basic question is not what is best, but who shall decide what is best. Thomas Sowell

Best Shall Most Question Decide Who Basic

President Obama seems completely unaware of how many of the policies he is trying to impose have been tried before, in many times and places around the world, and have failed time and again. Thomas Sowell

What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience? Adam Smith

Happiness Health Man Added Out Clear Clear Conscience Debt Who Conscience

Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things. Adam Smith

Justice Peace Natural Rest Degree Else State Carry Administration Easy Brought About Highest Highest Degree Course Opulence Being Little Barbarism Taxes Lowest Requisite Tolerable Things

Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone. Frederic Bastiat

Live State Everyone Forget Expense Wants

Perhaps the fact that we have seen millions voting themselves into complete dependence on a tyrant has made our generation understand that to choose one's government is not necessarily to secure freedom. Friedrich August von Hayek

Government Freedom Generation Voting Made Seen Complete Our Our Generation Tyrant Secure Fact Perhaps Understand Dependence Themselves Choose Necessarily Millions

Nothing is so permanent as a temporary government program. Milton Friedman

Government Nothing Temporary Permanent Government Program Program

Quotes by Economists