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Economics Quotes

There is no single theory that is used in economics that considers the finite nature of resources. Its shocking Picture Quote #1

What we are beginning to witness is a whole new set of rules for economics, based on rationing resources Picture Quote #1

I had become interested in economics, an interest that was transformed into a lifetime dedication when I met with the mathematical theory of general economic equilibrium Picture Quote #1

Duarte is a moderate when it comes to civilian control of the military and curbing death squads. On economics, the man is almost a Marxist Picture Quote #1

It is true that from a behavioral economics perspective we are fallible, easily confused, not that smart, and often irrational. We are more like Homer Simpson than Superman. So from this perspective it is rather depressing. But at the same time there is also a silver lining. There are free lunches! Picture Quote #1

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Economics works great for planning your life when you don’t have a work passion, since we tend to assume that your job delivers only money and you trade off job hours with leisure hours. If you think your job will just be a job, pick one that pays well per hour and leaves you some time off, even if the activity of the job is boring Picture Quote #1

Fascism entirely agrees with Mr. Maynard Keynes, despite the latter’s prominent position as a Liberal. In fact, Mr. Keynes’ excellent little book, The End of Laissez-Faire (l926) might, so far as it goes, serve as a useful introduction to fascist economics. There is scarcely anything to object to in it and there is much to applaud Picture Quote #1

[There will be movement toward] behavioral economics... [which] involves study of those aspects of men’s images, or cognitive and affective structures that are more relevant to economic decisions Picture Quote #1

There is no other proposition in economics that has more solid empirical evidence supporting it than the Efficient Market Hypothesis... In the literature of finance, accounting, and the economics of uncertainty, the EMH is accepted as a fact of life Picture Quote #1

The message is resonating, not just in Wisconsin, but all over America, the people are sick and tired of establishment politics, establishment economics. They want real change Picture Quote #1

The technologies for the alternative energy sources exists today. The economics are compelling. The public health is compelling. Why would we maintain a focus on a 17th-century technology, when there are 21st-century alternatives that are both necessary and available? And the answer is the subversion of democracy Picture Quote #1

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The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it ‘animal spirit.’ And if people are feeling generally good about the future, they’re more likely to spend money, to start new companies; companies are more likely to hire people, make investments Picture Quote #1

Seventy percent of the fish we eat is black market, fished in violation of international laws. Our ignorance makes us unwilling partners in crime. Rogue economics is turning the global market into our worst nightmare Picture Quote #1

Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or more accurately a set of overlapping and squabbling faiths, each with its own doctrines Picture Quote #1

Getting a traditional pharmaceutical to the market can cost a billion dollars or more. Newer, more tailored and targeted drugs called biologics are even more complex and expensive. Simple economics dictates that companies and venture funds will invest more in products that can generate a sufficient return Picture Quote #1

At the simplest level, economics can better show us the consequences of our actions. Less simple are cases in which we don’t have the knowledge to predict the full consequences. Global warming and climate change are examples Picture Quote #1

Google was founded to get information to everybody. A by-product of that strategy is that we invented an advertising business which has provided great economics that allows us to build the servers, hire the employees, create value Picture Quote #1

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I was an economics major in college, and every summer after school, I would drive my car from California, from Claremont men’s college at the time, to New York. And I worked on Wall Street Picture Quote #1

Economists agree about economics - and that’s a science - and they disagree about economic policy because that’s a value judgment... I’ve had profound disagreements on policy with the famous Milton Friedman. But, on economics, we agree Picture Quote #1

Most of the people in the world are poor, so if we knew the economics of being poor, we would know much of the economics that really matters. Most of the world’s poor people earn their living from agriculture, so if we knew the economics of agriculture, we would know much of the economics of being poor Picture Quote #1

Commercial institutions, proud of their achievements, do not see that healthy living systems - clean air and water, healthy soil, stable climates - are integral to a functioning economy. As our living systems deteriorate, traditional forecasting and business economics become the equivalent of house rules on a sinking cruise ship Picture Quote #1

In 1997, we faced daunting challenges. Boom and bust economics..... Now, for all that remains to be done, dwell for a moment on what has been achieved Picture Quote #1

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised Picture Quote #1

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Immigration is as much about the American experience and the values we share, and a lot more about economics than it is about politics Picture Quote #1

The American people are growing extremely unhappy with establishment politics, with establishment economics, and you know what else? Even with establishment media Picture Quote #1

I look forward to the day when being called ‘another Monica Lewinsky’ refers to the hard work behind a master’s degree in social psychology from the London School of Economics, after spending the first act of one’s life deflecting the shame of a scandal that should have rested on the shoulders of a man old enough to have known better Picture Quote #1

Our trust in the future has lost its innocence. We know now that anything can happen from one minute to the next. Politics, religion, economics, and the institutions of family and community all have become abruptly unsure Picture Quote #1

Game theory is a branch of, originally, applied mathematics, used mostly in economics and political science, a little bit in biology, that gives us a mathematical taxonomy of social life, and it predicts what people are likely to do and believe others will do in cases where everyone’s actions affect everyone else Picture Quote #1

I don’t care very much for the People Magazine approach to applied economics Picture Quote #1

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There is no single theory that is used in economics that considers the finite nature of resources. Its shocking (Economics Quotes) What we are beginning to witness is a whole new set of rules for economics, based on rationing resources (Economics Quotes) I had become interested in economics, an interest that was transformed into a lifetime dedication when I met with the mathematical theory of general economic equilibrium (Economics Quotes) As the science of economics... exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific (Economics Quotes) Duarte is a moderate when it comes to civilian control of the military and curbing death squads. On economics, the man is almost a Marxist (Economics Quotes) It is true that from a behavioral economics perspective we are fallible, easily confused, not that smart, and often irrational. We are more like Homer Simpson than Superman. So from this perspective it is rather depressing. But at the same time there is also a silver lining. There are free lunches! (Economics Quotes) Economics works great for planning your life when you don’t have a work passion, since we tend to assume that your job delivers only money and you trade off job hours with leisure hours. If you think your job will just be a job, pick one that pays well per hour and leaves you some time off, even if the activity of the job is boring (Economics Quotes) Fascism entirely agrees with Mr. Maynard Keynes, despite the latter’s prominent position as a Liberal. In fact, Mr. Keynes’ excellent little book, The End of Laissez-Faire (l926) might, so far as it goes, serve as a useful introduction to fascist economics. There is scarcely anything to object to in it and there is much to applaud (Economics Quotes) [There will be movement toward] behavioral economics... [which] involves study of those aspects of men’s images, or cognitive and affective structures that are more relevant to economic decisions (Economics Quotes) There is no other proposition in economics that has more solid empirical evidence supporting it than the Efficient Market Hypothesis... In the literature of finance, accounting, and the economics of uncertainty, the EMH is accepted as a fact of life (Economics Quotes) The message is resonating, not just in Wisconsin, but all over America, the people are sick and tired of establishment politics, establishment economics. They want real change (Economics Quotes) The technologies for the alternative energy sources exists today. The economics are compelling. The public health is compelling. Why would we maintain a focus on a 17th-century technology, when there are 21st-century alternatives that are both necessary and available? And the answer is the subversion of democracy (Economics Quotes) The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it ‘animal spirit.’ And if people are feeling generally good about the future, they’re more likely to spend money, to start new companies; companies are more likely to hire people, make investments (Economics Quotes) Seventy percent of the fish we eat is black market, fished in violation of international laws. Our ignorance makes us unwilling partners in crime. Rogue economics is turning the global market into our worst nightmare (Economics Quotes) Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or more accurately a set of overlapping and squabbling faiths, each with its own doctrines (Economics Quotes) Getting a traditional pharmaceutical to the market can cost a billion dollars or more. Newer, more tailored and targeted drugs called biologics are even more complex and expensive. Simple economics dictates that companies and venture funds will invest more in products that can generate a sufficient return (Economics Quotes) At the simplest level, economics can better show us the consequences of our actions. Less simple are cases in which we don’t have the knowledge to predict the full consequences. Global warming and climate change are examples (Economics Quotes) Google was founded to get information to everybody. A by-product of that strategy is that we invented an advertising business which has provided great economics that allows us to build the servers, hire the employees, create value. (Economics Quotes) I was an economics major in college, and every summer after school, I would drive my car from California, from Claremont men’s college at the time, to New York. And I worked on Wall Street. (Economics Quotes) Economists agree about economics - and that’s a science - and they disagree about economic policy because that’s a value judgment... I’ve had profound disagreements on policy with the famous Milton Friedman. But, on economics, we agree. (Economics Quotes) Most of the people in the world are poor, so if we knew the economics of being poor, we would know much of the economics that really matters. Most of the world’s poor people earn their living from agriculture, so if we knew the economics of agriculture, we would know much of the economics of being poor. (Economics Quotes) Commercial institutions, proud of their achievements, do not see that healthy living systems - clean air and water, healthy soil, stable climates - are integral to a functioning economy. As our living systems deteriorate, traditional forecasting and business economics become the equivalent of house rules on a sinking cruise ship. (Economics Quotes) In 1997, we faced daunting challenges. Boom and bust economics..... Now, for all that remains to be done, dwell for a moment on what has been achieved. (Economics Quotes) Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised. (Economics Quotes) Immigration is as much about the American experience and the values we share, and a lot more about economics than it is about politics. (Economics Quotes) The American people are growing extremely unhappy with establishment politics, with establishment economics, and you know what else? Even with establishment media. (Economics Quotes) I look forward to the day when being called ‘another Monica Lewinsky’ refers to the hard work behind a master’s degree in social psychology from the London School of Economics, after spending the first act of one’s life deflecting the shame of a scandal that should have rested on the shoulders of a man old enough to have known better. (Economics Quotes) Our trust in the future has lost its innocence. We know now that anything can happen from one minute to the next. Politics, religion, economics, and the institutions of family and community all have become abruptly unsure. (Economics Quotes) Game theory is a branch of, originally, applied mathematics, used mostly in economics and political science, a little bit in biology, that gives us a mathematical taxonomy of social life, and it predicts what people are likely to do and believe others will do in cases where everyone’s actions affect everyone else. (Economics Quotes) I don’t care very much for the People Magazine approach to applied economics (Economics Quotes)

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