Best Economics Quotations

1329 Economics quotes by 729 unique authors

Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So… — Milton Friedman
The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home and free trade… — Milton Friedman
Among the current discussions, the impact of new and sophisticated methods in the study of the past occupies an important place. The new 'scientific' or… — Robert Fogel
Among the social sciences, economists are the snobs. Economics, with its numbers and graphs and curves, at least has the coloration and paraphernalia of a… — Michael Kinsley
The engineer who counts cost as nothing as compared to the result, who holds himself above the consideration of dollars and cents, has missed his… — Unknown Author
The monogram of our national initials, which is the symbol for our monetary unit, the dollar, is almost as frequently conjoined to the figures of… — Henry R. Towne
Coining "Dismal Science" as a nickname for Political Economy — Thomas Carlyle
In all recorded history there has not been one economist who has had to worry about where the next meal would come from. — Peter Drucker
Well, gentlemen, life's just one damn thing after another. — Unknown Author
...quantity is not necessarily synonymous with quality and brilliant ideas are not a function of the number of titles printed. — Carlo M. Cipolla
As the work progresses the careful reader will insert mental interrogation points here and there. He will find that his interest increases as the interrogation… — John Bates Clark
It takes resolution to go forth from the ease and beautiful simplicity of a well-formed hypothesis and struggle with amorphous facts. — John Maurice Clark
We must first note that economic factors are taken into account in a world in which ignorance, prejudice, and mental confusion, encouraged rather than dispelled… — Ronald Coase
The analyses ... often become too competent to be comprehensible... — Unknown Author
Economic controversy is generally a thankless task. You cannot hope to make any impression on your opponent. Yet he is the only reader on whose… — Unknown Author
Everyone knows, or has strongly suspected, that capital theory is difficult. — Charles Ferguson
There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations. — John Kenneth Galbraith
I know. You know I know. I know you know I know. We know Henry knows and Henry knows we know it. We're a knowledgeable… — James Goldman
...the institutional arrangement whereby most professional economists are heavily burdened with teaching and administrative duties may militate against a sufficient admixture of the more laborious… — Unknown Author
Everything is on such a clear financial basis in France. It is the simplest country to live in. No one makes things complicated by becoming… — Ernest Hemingway
Some of the most serious fallacies of traditional economics have been due to confusion between optimum and equilibrium conditions; the apparent influence of Dr. Pangloss… — Sir John Richard Hicks
In my opinion, economists and sociologists are the people to whom we ought to turn more than we do for instruction in the grounds and… — Oliver Wendell Holmes, Jr.
...a discontinuity, like a vacuum, is abhorred by nature. — Unknown Author
Unlike physics, for example, such parts of the bare bones of economic theory as are expressible in mathematical form are extremely easy compared with the… — John Maynard Keynes
The first derivative is the last refuge of a scoundrel. — Charles P. Kindleberger

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