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Quotes by Economists
In various countries and times, leaders of groups that lagged behind, economically and educationally, have taught their followers to blame all their problems on other people - and to hate those other people.
Thomas Sowell
Blame
Hate
People
Problems
Other
Those
Followers
Various
Leaders
Countries
Economically
Times
Behind
Taught
Groups
Creating whole departments of ethnic, gender, and other 'studies' was part of the price of academic peace. All too often, these 'studies' are about propaganda rather than serious education.
Thomas Sowell
Education
Peace
Gender
Too
Other
Propaganda
About
Rather
Price
Studies
Part
Academic
Than
Departments
Often
Creating
Ethnic
Whole
Serious
Our schools and colleges are turning out people who cannot feel fulfilled unless they are telling other people what to do.
Thomas Sowell
People
Other
Our
Unless
Out
Telling
Colleges
Feel
Schools
Cannot
Turning
Fulfilled
Who
There are only two ways of telling the complete truth - anonymously and posthumously.
Thomas Sowell
Truth
Complete
Ways
Telling
Only
Anonymously
Two
Mistakes can be corrected by those who pay attention to facts but dogmatism will not be corrected by those who are wedded to a vision.
Thomas Sowell
Vision
Will
Mistakes
Pay
Pay Attention
Those
Corrected
Facts
Attention
Dogmatism
Who
Mystical references to society and its programs to help may warm the hearts of the gullible but what it really means is putting more power in the hands of bureaucrats.
Thomas Sowell
Power
Society
Programs
Gullible
More
More Power
Mystical
Putting
References
Hearts
Hands
Bureaucrats
May
Warm
Really
Means
Help
The object of government in peace and in war is not the glory of rulers or of races, but the happiness of common man.
William Beveridge
Happiness
War
Government
Man
Peace
Rulers
Object
Glory
Common
Common Man
Races
On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
Adam Smith
Valley
City
Through
Had
Road
Pass
Ambiguity
Skepticism
As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
Adam Smith
Love
Property
Natural
Men
Country
Become
Reap
Other
Never
Soon
Demand
Like
Rent
Private
Private Property
Any
Where
Land
Produce
Landlords
Even
I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.
Alan Greenspan
Success
You
Strict
Those
Adherence
Through
Well
Greater
Deal
Dealing
Than
Achieving
Gain
Should
View
Satisfaction
Found
Honest
Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - an authoritarian determination of the status of each individual in the new hierarchical order.
Friedrich August von Hayek
Determination
Equality
Result
Striving
Hierarchical
Status
Directed
Only
Individual
New
Economy
Inequality
Authoritarian
Officially
Order
Enforced
Means
Even
Each
Each Individual
I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.
Friedrich August von Hayek
History
Exaggeration
Inflation
Think
Say
Governments
Gain
Engineered
Largely
Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
John Kenneth Galbraith
Finance
Intelligence
Wealth
Cases
Most
Improbable
Convey
Aspect
Even
In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof.
John Kenneth Galbraith
People
Mind
Busy
Changing
Proof
Between
Most
Proving
Get
Choice
Need
High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape our politics in ways that give them more economic power.
Joseph Stiglitz
Politics
Political
Political Power
Power
Our
Top
Ways
Those
High
Give
More
Economic
Shape
Lead
Weight
Economic Power
Inequality
Them
Use
Levels
Corporate social responsibility is measured in terms of businesses improving conditions for their employees, shareholders, communities, and environment. But moral responsibility goes further, reflecting the need for corporations to address fundamental ethical issues such as inclusion, dignity, and equality.
Klaus Schwab
Dignity
Equality
Responsibility
Moral Responsibility
Employees
Corporate
Address
Corporations
Further
Moral
Shareholders
Environment
Terms
Issues
Conditions
Reflecting
Improving
Goes
Social
Ethical
Communities
Measured
Businesses
Social Responsibility
Inclusion
Fundamental
Need
The worst evils which mankind has ever had to endure were inflicted by bad governments.
Ludwig von Mises
Government
Worst
Evils
Bad
Had
Were
Governments
Inflicted
Endure
Which
Mankind
Ever
If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace.
Ludwig von Mises
History
Peace
People
Other
Pretend
Some
Gives
Geography
Subjugate
Nations
Them
Races
Right
Whoever wishes peace among peoples must fight statism.
Ludwig von Mises
Peace
Fight
People
Must
Wishes
Whoever
Among
Concentrated power is not rendered harmless by the good intentions of those who create it.
Milton Friedman
Good
Power
Good Intentions
Harmless
Those
Concentrated
Rendered
Intentions
Create
Who
To overcome poverty and the flaws of the economic crisis in our society, we need to envision our social life. We have to free our mind, imagine what has never happened before and write social fiction. We need to imagine things to make them happen. If you don't imagine, it will never happen.
Muhammad Yunus
Life
Economic Crisis
You
Overcome
Mind
Will
Free
Poverty
Before
Society
Our
Crisis
Economic
Write
Never
Envision
Make
Fiction
Happen
Happened
Social
Them
Flaws
Social Life
Things
Need
Imagine
True patriotism isn't cheap. It's about taking on a fair share of the burden of keeping America going.
Robert Reich
Patriotism
Burden
Memorial Day
About
Cheap
Share
Taking
True
Fair
Fair Share
America
Going
Keeping
Many a man in love with a dimple makes the mistake of marrying the whole girl.
Stephen Leacock
Love
Man
Marriage
Mistake
Girl
Marrying
Makes
Many
Whole
Wishful thinking is not idealism. It is self-indulgence at best and self-exaltation at worst. In either case, it is usually at the expense of others. In other words, it is the opposite of idealism.
Thomas Sowell
Best
Words
Thinking
Other
Others
Worst
Case
Idealism
Wishful
Wishful Thinking
Opposite
Expense
In Other Words
Either
I have never known much good done by those who affected to trade for the public good.
Adam Smith
Good
Those
Never
Known
Trade
Affected
Done
Public
Much
Public Good
Who
To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.
Alan Greenspan
Education
You
Communication
Will
Solid
Solid Foundation
Both
Soon
Importance
Learn
Verbal
Did
Literacy
Succeed
Communication Skills
Skills
Foundation
Basics
Numerical
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