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Quotes by Economists
Quotes by Economists
Population, when unchecked, goes on doubling itself every 25 years or increases in a geometrical ratio.
Thomas Malthus
Environmental
Every
Increases
Ratio
Geometrical
Years
Itself
Goes
Doubling
Population
Population, when unchecked, increases in a geometrical ratio.
Thomas Malthus
Increases
Ratio
Geometrical
Population
A great emigration necessarily implies unhappiness of some kind or other in the country that is deserted.
Thomas Malthus
Great
Country
Other
Kind
Some
Emigration
Implies
Unhappiness
Deserted
Necessarily
The histories of mankind are histories only of the higher classes.
Thomas Malthus
Classes
Only
Higher
Histories
Mankind
It is an acknowledged truth in philosophy that a just theory will always be confirmed by experiment.
Thomas Malthus
Truth
Will
Experiment
Philosophy
Always
Just
Confirmed
Acknowledged
Theory
I do not know that any writer has supposed that on this earth man will ultimately be able to live without food.
Thomas Malthus
Food
Man
Will
Live
Earth
Able
Writer
Supposed
Know
Without
Ultimately
Any
The great and unlooked for discoveries that have taken place of late years have all concurred to lead many men into the opinion that we were touching on a period big with the most important changes.
Thomas Malthus
Great
Men
Important
Big
Changes
Late
Touching
Lead
Taken
Most
Period
Opinion
Were
Years
Discoveries
The Most Important
Place
Many
The main peculiarity which distinguishes man from other animals is the means of his support-the power which he possesses of very greatly increasing these means.
Thomas Malthus
Man
Animals
Power
Other
Increasing
Possesses
Distinguishes
Main
He
His
Greatly
Very
Which
Means
Each pursues his own theory, little solicitous to correct or improve it by an attention to what is advanced by his opponents.
Thomas Malthus
Own
Correct
Advanced
Attention
Opponents
His
Improve
Little
Theory
Each
I think it will be found that experience, the true source and foundation of all knowledge, invariably confirms its truth.
Thomas Malthus
Truth
Knowledge
Experience
Will
Think
Invariably
True
Source
Found
Foundation
Capitalism and market forces are very powerful in producing wealth and innovation. But we need to ensure that these forces act in the common interest.
Thomas Piketty
Capitalism
Innovation
Wealth
Market
Market Forces
Ensure
Powerful
Forces
Very
Common
Interest
Producing
Act
Need
We want capitalism and market forces to be the slave of democracy rather than the opposite.
Thomas Piketty
Democracy
Capitalism
Market
Market Forces
Rather
Forces
Opposite
Than
Want
Slave
My premise is not to tax to destroy the wealth of the wealthy; it's to increase the wealth of the bottom and the middle class.
Thomas Piketty
Class
Wealth
Increase
Destroy
Wealthy
Bottom
Middle
Tax
Middle Class
Premise
Economists should be modest and be aware that they are part of the broader social science community. We need to be pragmatic about the methods we use. When we need to do history, we should do history. When we need to study political science, we should study political science.
Thomas Piketty
History
Science
Political
Community
Broader
About
Part
Study
Economists
Pragmatic
Methods
Political Science
Social
Modest
Should
Use
Aware
Need
We know too little about global wealth dynamics, so we need international transmission of bank information.
Thomas Piketty
Wealth
Too
About
Global
Know
Bank
Information
Dynamics
Little
Transmission
International
Need
Having a decent share of the national wealth for the middle class is not bad for growth. It is actually useful both for equity and efficiency reasons.
Thomas Piketty
Class
Wealth
National
Bad
Having
Both
Share
Equity
Efficiency
Decent
Middle
Middle Class
Useful
Reasons
Actually
Growth
'Das Kapital,' I think, is very difficult to read, and for me, it was not very influential.
Thomas Piketty
Me
Difficult
Think
Read
Very
Influential
The United States could transform its property tax system into a progressive tax on net worth without asking permission to the rest of the world.
Thomas Piketty
Property
World
Worth
Rest
Progressive
States
System
Net
Net Worth
Could
Without
Permission
Tax
Transform
Tax System
Asking
United
United States
I loved American universities. In many ways, they are better organized - certainly than French universities.
Thomas Piketty
Better
Ways
French
Than
American
Loved
Certainly
Organized
Many
Universities
Economists tend to think they are much, much smarter than historians, than everybody. And this is a bit too much because at the end of the day, we don't know very much in economics.
Thomas Piketty
Day
End Of The Day
Too Much
Economics
Think
Too
Everybody
Bit
Tend
Smarter
Economists
Know
Because
Historians
End
Very
Than
Much
The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and '20s.
Thomas Piketty
Wealth
Country
Progressive
Invented
Taxation
Inherited
Income
I don't live in the Cold War. Some people maybe still live in the Cold War, but this is their problem, not mine.
Thomas Piketty
War
People
Problem
Some People
Live
Cold
Cold War
Mine
Some
Still
Maybe
I believe in the power of ideas, I believe in the power of books, but you have to give them time.
Thomas Piketty
Time
You
Power
Believe
Books
Give
Ideas
Them
Facts do not speak for themselves. They speak for or against competing theories. Facts divorced from theories or visions are mere isolated curiosities.
Thomas Sowell
Speak
Visions
Facts
Divorced
Mere
Isolated
Curiosities
Against
Themselves
Theories
Competing
A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.
Thomas Sowell
Somebody
Sign
Would
Would-Be
Price
Allowed
Supply
Demand
Freely
Operate
Were
Than
Artificially
Shortage
Lower
Keeping
Actually lowering the cost of insurance would be accomplished by such things as making it harder for lawyers to win frivolous lawsuits against insurance companies.
Thomas Sowell
Win
Would
Would-Be
Cost
Lawsuits
Lawyers
Insurance
Insurance Companies
Making
Accomplished
Frivolous
Frivolous Lawsuits
Against
Lowering
Companies
Such Things
Harder
Actually
Things
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