2219 quotes by economists for you to enjoy

My first jobs after graduation in 1955 were as a project engineer for G.E. and later with the U.S. government in Washington, D.C., where I met and married my wife, Dolores Celini. Oliver E. Williamson

Government Engineer Wife First Met Project Later Jobs Married Were Graduation Where After Washington

Teaching can be learning, especially if student curiosity with the question 'What's going on here?' can be elicited. Oliver E. Williamson

Learning Student Question Curiosity Going Teaching Here

If you believe that markets operate in Alan Greenspan fashion, then you don't inquire into the details. Oliver E. Williamson

Fashion You Believe Inquire Markets Details Operate Then Alan

Vertical intergration is an organizational response to the contracting difficulties that attend intermediate product markets where trades that are supported by transaction-specific assets are exposed to hazard. Oliver E. Williamson

Difficulties Markets Response Hazard Attend Supported Trades Contracting Vertical Where Product Organizational Intermediate Exposed Assets

The hypothesis that economic organization is the resultant of a series of historic accidents is intructive in that many organizational innovations appear to be the result of trial and error. Oliver E. Williamson

Result Organization Accidents Innovations Trial Trial And Error Economic Hypothesis Historic Error Organizational Many Appear Series

You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America. Paul A. Volcker

I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy. Paul A. Volcker

Word Paradigm Entirely Structure Idea New Economy Am Suspicious Use

Humans regard animals as worthy of protection only when they are on the verge of extinction. Paul Craig Roberts

Protection Animals Worthy Only Verge Regard Humans Extinction

Clearly what differentiates the U.S. from other countries is the U.S. Constitution. The Constitution defines us as a people. Without the Constitution, we would be a different country. Therefore, to lose the Constitution is to lose the country. Paul Craig Roberts

Constitution People Country Lose Other Other Countries Defines Would Would-Be Clearly Countries Without Different Us Therefore

On one hand, our food is polluted with herbicides and on the other hand by antibiotics. And then we have hormones and pesticides. Paul Craig Roberts

Food Other Our Hormones Hand Antibiotics Polluted Then Pesticides

Few, if any, corporations absorb the full cost of their operations. Corporations shove many of their costs onto the environment, the public sector, and distant third parties. Paul Craig Roberts

Few Distant Corporations Sector Cost Costs Onto Absorb Environment Parties Operations Any Public Full Shove Many Public Sector Third

Offshoring manufacturing jobs left Americans with fewer high-value-added, well-paid jobs, and the U.S. middle class downsized. Ladders of upward mobility were taken down. Income and wealth distributions worsened. Paul Craig Roberts

Class Wealth Down Jobs Taken Were Mobility Left American Fewer Ladders Middle Middle Class Upward Upward Mobility Manufacturing Manufacturing Jobs Income

Looting is the only way left for the Western financial system to make money. Paul Craig Roberts

Money Financial Way System Financial System Only Make Looting Western Left

The road to economic well-being is to reward productive economic activity and to provide a moderate and predictable growth of money to finance real economic growth without reigniting the fires of inflation. Paul Craig Roberts

Finance Money Reward Inflation Economic Economic Activity Economic Growth Fires Road Well-Being Without Real Provide Moderate Predictable Productive Activity Growth

I have argued that the Soviet story is one of the interaction of speculative excess or utopian aspirations with refractory reality. Paul Craig Roberts

Reality Argued Excess Soviet Interaction Story Aspirations Utopian Speculative

There is no independent American print or TV media. Paul Craig Roberts

Independent TV Print American Media

Despite massive evidence to the contrary, libertarians hold tight to their romantic concept of capitalism, which, freed from government interference, serves the consumer with the best products at the lowest prices. Paul Craig Roberts

Progressives regard government as the white knight that protects the public from the greed of capitalists. If only. Paul Craig Roberts

Government Greed White Progressives Only Knight Protects Regard Public Capitalists

Representing the people is not something 'our' representatives do. They are too busy representing a handful of private interest groups such as the financial sector, the military/security complex, and agribusiness. Paul Craig Roberts

People Financial Busy Too Our Complex Sector Something Private Handful Representatives Representing Interest Groups

If all countries are exceptional, the word loses its meaning. Paul Craig Roberts

Word Exceptional Countries Loses Meaning

Quotes by Economists