Some Favorite Economic Quotes

July 6, 2010 at 6:07 am Leave a comment

“Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it” ~Ronald Reagan
“The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” ~Thomas Sowell
“I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.”  ~Thomas Jefferson
“Economics has never been a science – and it is even less now than a few years ago.” ~ Paul A. Samuelson
“A creative economy is the fuel of magnificence” ~Ralph Waldo Emerson
“Classic economic theory, based as it is on an inadequate theory of human motivation, could be revolutionized by accepting the reality of higher human needs, including the impulse to self actualization and the love for the highest values.” ~Abraham Maslow
“People want economy and they will pay any price to get it.” ~Lee Iacocca

Entry filed under: Economic Quotes, Economic Theory, Economy. Tags: , , , , , , , , .

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