2214 quotes by economists for you to enjoy

Microcredit has shown how you can reach out to people that conventional banking cannot. It has demonstrated that it's a doable proposition. Muhammad Yunus

You People Out Proposition Reach How Banking Conventional Cannot Shown

The profit orientation is only one orientation of a person. The same people who are interested in profit-making are also selfless. I am not saying that capitalist theory is wrong. I am saying that it has not been interpreted and practiced fully. Muhammad Yunus

Saying People Profit Only Wrong Also Practiced Am Been Selfless Person Same Interested Capitalist Theory Who Orientation Fully Interpreted

I have always said that human beings are multidimensional beings. Their happiness comes from many sources, not, as our current economic framework assumes, just from making money. Muhammad Yunus

Happiness Money Assumes Our Framework Economic Said Always Making Making Money Sources Current Human Just Human Beings Many Beings

The Grameen Bank Ordinance with amendments up to 2008 is a beautiful legal structure for the fulfillment of the ideals and objectives of the bank. Any change in this structure will be devastating for the bank. Muhammad Yunus

Beautiful Change Legal Will Objectives Structure Devastating Ideals Up Amendment Any Bank Ordinance Fulfillment

What we need is to think strategically about development, analyzing a country's potential role in its region and the world in search of opportunities for growth. Platforms like the Global Social Business Summit can facilitate the process on bringing about change. Muhammad Yunus

Business Change World Opportunities Country Think Analyzing Summit About Facilitate Potential Development Like Global Role Process Region Social Search Strategically Platforms Growth Bringing Need

Nothing is more valuable to people than health care, and by paying, they feel less like beggars and more like 'customers' who can and should demand quality care. Muhammad Yunus

Health Quality People Care Valuable Nothing More Feel Demand Like Health Care Beggars Than Customers Should Paying Less Who

Business is a very beautiful mechanism to solve problems, but we never use it for that purpose. We only use it to make money. It satisfies our selfish interest but not our collective interest. Muhammad Yunus

Beautiful Business Selfish Money Problems Collective Our Solve Only Purpose Never Make Very Interest Use Mechanism Satisfies

I believe terrorism cannot be won over by military action. Terrorism must be condemned in the strongest language. We must stand solidly against it, and find all the means to end it. We must address the root causes of terrorism to end it for all time to come. Muhammad Yunus

Time Terrorism Language Action Military Believe Address Must Find All-Time Strongest Over Come Condemned Causes End Won Cannot Against Root Means Stand Military Action

Grameen Bank was formed as an institution owned by its borrower members, who are poor women. Through its unique decision-making process, Grameen Bank has given millions of women the means to emerge from the shadows in a male-dominated society and to make something of themselves. Muhammad Yunus

Women Society Members Emerge Shadows Borrower Something Given Through Institution Make Owned Bank Process Formed Decision-Making Decision-Making Process Poor Themselves Means Who Unique Millions

War has generally had grave and fateful consequences for the American monetary and financial system. We have seen that the Revolutionary War occasioned a mass of depreciated fiat paper, worthless Continentals, a huge public debt, and the beginnings of central banking in the Bank of North America. Murray Rothbard

War Financial Seen Consequences Paper System Worthless Financial System Generally Had Mass Huge Debt Beginnings North North America America Revolutionary American Revolutionary War Bank Fiat Banking Central Public Grave Monetary

The expansionary operations of the Second Bank of the United States, coupled with its laxity toward insisting on specie payment by the state banks, impelled a further inflationary expansion of state banks on top of the spectacular enlargement of the central bank. Thus, the number of incorporated state banks rose from 232 in 1816 to 338 in 1818. Murray Rothbard

Rose State Top States Further Insisting Impelled Thus Toward Coupled Operations Expansion Bank Banks Central Central Bank Payment United United States Spectacular Enlargement Second Number Incorporated

While other individuals or institutions obtain their income by production of goods and services and by the peaceful and voluntary sale of these goods and services to others, the State obtains its revenue by the use of compulsion; that is, by the use and the threat of the jailhouse and the bayonet. Murray Rothbard

Other Others State Bayonet Threat Compulsion Voluntary Individuals Goods Institutions Obtain Revenue Sale While Production Use Peaceful Income Services

A robber who justified his theft by saying that he really helped his victims, by his spending giving a boost to retail trade, would find few converts; but when this theory is clothed in Keynesian equations and impressive references to the 'multiplier effect,' it unfortunately carries more conviction. Murray Rothbard

Saying Giving Few Conviction Spending Boost Carries Would Find More Retail He Robber Trade Equations His References Effect Impressive Clothed Unfortunately Victims Justified Theft Converts Really Theory Who Helped

In his second Inaugural Address, on March 5, 1821, Monroe admitted at last to a general depression of prices, but only as a means of explaining the great decline in the federal revenue. Despite this, he asserted that the situation of America presented a 'gratifying spectacle.' Murray Rothbard

Depression Great Situation Monroe Despite Address Admitted General Only Federal Prices He Revenue His America Explaining Decline Means Asserted Gratifying March Spectacle Second Last Presented

Play, as a consumers' good, is subject to the law of marginal utility, as are all goods, and the time spent in play will be balanced against the utility to be derived from other obtainable goods. Murray Rothbard

Time Good Law Will Other Spent Consumers Goods Balanced Subject Against Derived Utility Play Marginal

While the seeming independence of the federal judiciary has played a vital part in making its actions virtual Holy Writ for the bulk of the people, it is also and ever true that the judiciary is part and parcel of the government apparatus and appointed by the executive and legislative branches. Murray Rothbard

Government People Independence Judiciary Virtual Vital Parcel Seeming Federal Writ Part Part And Parcel True Also Executive Making Bulk Branches Legislative While Holy Apparatus Actions Ever Played Appointed

What is so terrible about transaction costs? On what basis are they considered the ultimate evil, so that their minimization must override all other considerations of choice, freedom, and justice? Murray Rothbard

Freedom Justice Evil Other Considerations Considered Must About Costs Terrible Ultimate Override Transaction Choice Basis

By the 1890s, the leading Wall Street bankers were becoming increasingly disgruntled with their own creation, the National Banking System... while the banking system was partially centralized under their leadership, it was not centralized enough. Murray Rothbard

Leadership National Own Creation Enough Increasingly System Leading Becoming Were Wall Wall Street Disgruntled Bankers Banking Banking System While Centralized Street

All government wars are unjust. Murray Rothbard

Government Unjust Wars

The State thrives on war - unless, of course, it is defeated and crushed - expands on it, glories in it. Murray Rothbard

War Thrive Crushed State Unless Course Defeated

Libertarians regard the state as the Supreme, the eternal, the best organized aggressor against the persons and property of the mass of the public. All states everywhere, whether democratic, dictatorial, or monarchical, whether red, white, blue or brown. Murray Rothbard

Quotes by Economists