2214 quotes by economists for you to enjoy

Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another. Adam Smith

Man Animal Dog Other Exchanges Another Makes Does Bargain Bones

It has been proven through studies by the World Bank and others that companies participating in international trade are more competitive. Arancha Gonzalez

World Others Has-Been More Through Studies Participating Trade Proven Been Bank Companies International World Bank International Trade Competitive

Infinite growth of material consumption in a finite world is an impossibility. E. F. Schumacher

World Finite Consumption Material Impossibility Infinite Growth

Dictators are allergic to reform, and they are cunning survivors. They will do whatever it takes to preserve their power and wealth, no matter how much blood ends up on their hands. They are master deceivers and talented manipulators who cannot be trusted to change. George Ayittey

Change Wealth Matter Will Allergic Power Master Whatever Takes Talented How How Much Blood Cunning Trusted Up Dictators Reform Survivors Hands Ends Cannot Much Who Preserve

The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself. John Kenneth Galbraith

Nature Achievement Gesture Market Corporation Individual Executive Himself Frequently Salary Chief Chief Executive Personal Warm Large Award

Globalization and trade liberalization were supposed to make us all better off through the mechanism of trickle-down economics. What we seemed to be seeing instead was trickle-up economics, accompanied by a destruction of democratic politics, as we moved ever closer to a system of 'one dollar, one vote' as opposed to 'one person, one vote.' Joseph Stiglitz

Politics Vote Destruction Better Economics System Seeing Seemed Through Better Off Instead Supposed Democratic Globalization Make Trade Opposed Accompanied Were Dollar Off Person Closer Moved Us Mechanism Ever

Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence. Milton Friedman

Freedom Army Vision Liberty Every Slight States Evidence Must Citizens Invade Casual Prospect Armed Empowered Am Camp Friend Jails Turning Users Filled United United States

Hesitation is often like procrastination. One may have vague doubts and feel a need to mull things over; meanwhile, other issues intrude on thought, and no decision is taken. Ask people why they procrastinate, and you probably won't get a crisp answer. Robert J. Shiller

You People Procrastination Decision Thought Other Hesitation Crisp Intrude Taken Feel Over Like Answer Issues Get May Often Procrastinate Ask Doubts Meanwhile Why Things Need Vague

When we rebuild a house, we are rebuilding a home. When we recover from disaster, we are rebuilding lives and livelihoods. Sri Mulyani Indrawati

Home Rebuild Recover Disaster House Livelihood Rebuilding Lives

All too often when liberals cite statistics, they forget the statisticians' warning that correlation is not causation. Thomas Sowell

Too Liberals Cite Statistics Correlation Causation Forget Often Warning

There is no question that liberals do an impressive job of expressing concern for blacks. But do the intentions expressed in their words match the actual consequences of their deeds? Thomas Sowell

Words Job Consequences Liberals Blacks No Question Concern Match Question Impressive Intentions Deeds Expressed Expressing Actual

People who have time on their hands will inevitably waste the time of people who have work to do. Thomas Sowell

Work Time People Will Inevitably Hands Who Waste

Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer. Adam Smith

Ought Sole Promoting Only Purpose Consumer Consumption Attended End May Interest Far Producer Production Necessary

Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience. Adam Smith

Virtue Feared More Excess Because Subject Than Vice Regulation Conscience

Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place. Frederic Bastiat

Life Property Liberty Made Men First On The Contrary Laws Fact Make First Place Because Caused Exist Existed Beforehand Contrary Place

The feeling of insecurity is inimical to our sense of wellbeing, as it causes anxiety and stress, which harms our physical and mental health. It is no surprise then that, according to some surveys, workers across the world value job security more highly than wages. Ha-Joon Chang

Health Mental Health Anxiety World Stress Job Value Insecurity Feeling Sense Our Job Security Security Physical Some Mental More Highly Wellbeing Wages Causes Surprise According Surveys Than Which Then Workers Across

The conventional view serves to protect us from the painful job of thinking. John Kenneth Galbraith

Job Thinking Protect Conventional Us View Painful Serve

Long run is a misleading guide to current affairs. In the long run we are all dead. John Maynard Keynes

Long Guide Run Long Run Misleading Dead Affairs Current

Making money is a happiness. And that's a great incentive. Making other people happy is a super-happiness. Muhammad Yunus

Happiness Great Happy People Money Other Making Making Money Incentive

Strong government doesn't mean simply military power or an efficient intelligence apparatus. Instead, it should mean effective, fair administration - in other words, 'good governance.' Raghuram Rajan

The only way to grow the economy in a way that benefits the bottom 90 percent is to change the structure of the economy. At the least, this requires stronger unions and a higher minimum wage. Robert Reich

Change Benefits Stronger Unions Way Minimum Minimum Wage Percent Structure Only Higher Bottom Economy Least Wage Requires Grow

Quotes by Economists