If I really believed in Friedman's economic theory, then I'd be quite satisfied to spend the rest of my life with a… — Nigel Lawson Copy Share Image
Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and… — Ludwig von Mises Copy Share Image
It was not until I got my first job, at the University of Washington in Seattle, and began playing chess with Don… — Douglass North Copy Share Image
“Basic economic theory tells us that if you want something that’s both rare and valuable, you need something rare and valuable to… — Cal Newport Copy Share Image
The tradition of Chicago price theory is a good one, and it is a low-tech methodology that tries to apply simple economic… — Richard Thaler Copy Share Image
I believe myself to be writing a book on economic theory which will largely revolutionize - not, I suppose, at once but… — John Maynard Keynes Copy Share Image
Everybody thinks of economics whether he is aware of it or not. In joining a political party or in casting his ballot,… — Ludwig von Mises Copy Share Image
We don't see very far in the future, we are very focused on one idea at a time, one problem at a… — Daniel Kahneman Copy Share Image
In view of the importance of philanthropy in our society, it is surprising that so little attention has been given to it… — Kenneth E. Boulding Copy Share Image
It is thus hardly surprising that so many of the great minds in recent history have concerned themselves with economic matters. Indeed,… — Paul Zane Pilzer Copy Share Image
It is not a struggle merely of economic theories, or forms of government or of military power. At issue is the true… — Dwight D. Eisenhower Copy Share Image
Classic economic theories recognize public goods aspects of one kind or another - the need for economic intervention in, obviously, the supply… — Kenneth Arrow Copy Share Image
The seminar in economic theory conducted by Hayek at the L.S.E. in the 1930s was attended, it came to seem, by all… — John Kenneth Galbraith Copy Share Image
Economic theory has nothing to say as to what commodity will acquire the status of money. Historically, it happened to be gold.… — Hans-Hermann Hoppe Copy Share Image
Almost all systems of economic thought are premised on the idea of continued economic growth, which would be fine and dandy if… — George Monbiot Copy Share Image
What Smith and Marx have in common is that they were both philosophers of great vision and perceptiveness, deep humanity, and a… — Allen W. Wood Copy Share Image
[No society can survive the socialist] fallacy that there is an absolutely unlimited number of inspired officials and an absolutely unlimited amount… — Gilbert K. Chesterton Copy Share Image
There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game.… — Sir John Richard Hicks Copy Share Image
The IMF economists were doubtless shaken by the extreme failures of their prescriptions over many years, and by the collapse of the… — Noam Chomsky Copy Share Image
The individualism of current economic theory is manifest in the purely self-interested behaviour it generally assumes. It has no real place for… — Herman E. Daly Copy Share Image
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is… — John Maynard Keynes Copy Share Image
Even before I came to Chicago, I had gotten interested in the existence of dispersion of prices under conditions which economic theory… — George Stigler Copy Share Image
“Still, in 1877, Engels wanted to protect us from false socialism. Still then, in Anti-Dühring, he wrote that not any nationalization is… — Todor Bombov Copy Share Image
The metal of economic theory is in Marx's pages immersed in such a wealth of steaming phrases as to acquire a temperature… — Joseph A. Schumpeter Copy Share Image
Traditionally in capitalism, when you have more cash, you can fund more activity, which produces more jobs and creates more wealth. That's… — John Ralston Saul Copy Share Image
For the individual, as I can testify, a brief grounding in semantics, besides making philosophy unreadable, makes unreadable most political speeches, classical… — Stuart Chase Copy Share Image
I imagine you already know that I am much more socialistic in my economic theory than capitalistic. And yet I am not… — Martin Luther King, Jr Copy Share Image
There’s an economic theory out there that if you take the incomes of your five closest friends and average them, the resulting… — Austin Kleon Copy Share Image
Two factors explain our success. One, MIT's renaissance after World War II as a federally supported research resource. Two, the mathematical revolution… — Paul Samuelson Copy Share Image
The Western world, in spite of its advantages of mechanization and industrial efficiency is today in a worse mess than ever before… — Muhammad Ali Jinnah Copy Share Image
“The latter is useful for predictive purposes only to the extent that the individual participant, in the market relationship, is guided by… — Anonymous Copy Share Image
Mainstream economic theories popular in the last several decades have tended to downplay the government's role in markets and to increase skepticism… — Mariana Mazzucato Copy Share Image
Even philosophies who have denounced pseudosciences like psychoanalysis, have condoned pseudoscientific economic theories like neoclassical microeconomics. It is far safer and easier… — Mario Bunge Copy Share Image
We are all far less rational in our decision-making than standard economic theory assumes. Our irrational behaviors are neither random nor senseless:… — Dan Ariely Copy Share Image
There are questions as to whether it should even exist. Who should corporations be responsive to, the management of a corporation? Theoretically… — Noam Chomsky Copy Share Image
Among the current discussions, the impact of new and sophisticated methods in the study of the past occupies an important place. The… — Robert Fogel Copy Share Image
A lot of things that we cannot buy and sell in markets used to be totally legal objects of market exchange -… — Ha-Joon Chang Copy Share Image
People tend to be clueless about prices. Contrary to economic theory, we don't really decide between A and B by consulting our… — William Poundstone Copy Share Image
The notion that a society could be regulated entirely by market forces is a utopian fantasy: an impossible dream generated by imagining… — David Graeber Copy Share Image
“This book was under arrest, along with its author. This event occurred on March 27, 1986. During that time, the totalitarian system… — Todor Bombov Copy Share Image
![“[No society can survive the socialist] fallacy that there is an absolutely unlimited number of inspired officials and an absolutely unlimited amount of money to pay them.” quote by Gilbert K. Chesterton](https://sms4smile.com/q/img-quotes/17c/gilbert-k-chesterton-223_amount_no-society-can-survive-the-socialist-fal_933811.jpg)
