Economics Quote by Herman E. Daly Download Open image “We need an economics fit for purpose in a finite and entropic world.” — Herman E. Daly ★ ★ ★ ★ ★ 4.6 out of 5 (5 ratings) Copy quoteShare Economics Finite Fit Needs Purpose World
I believe the power of Economics is to help provide a unique lens for looking at the world. — Russ Roberts Copy Share Image
Economists create their own worlds. We're like little gods with our artificial economics, wanting to see what happens. — Edward C. Prescott Copy Share Image
Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human… — Ludwig von Mises Copy Share Image
We need to abandon the economist's notion of the economy as a machine, with its attendant concept of equilibrium. A more helpful way of… — Paul Ormerod Copy Share Image
Economics is like a church, and it fulfills the same function the church had fulfilled for centuries: the justification of the status quo. — Thomas Pogge Copy Share Image
We should have a system of economics that is structure that is organic tools. We do not have it. We are all hanging by… — Frank Lloyd Wright Copy Share Image
“science of economics should focus on the best use of scarce means to satisfy social ends.” — Daron Acemoğlu Copy Share Image
“An environment of infinite economic expansion is unsustainable in a world of finite resources.” — Bryant McGill Copy Share Image
“Economics is the tool we hide behind today in order to justify an abhorrent track record of abuses of human rights and degradation of… — Steve Carlsson Copy Share Image
Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human… — Dale T. Mortensen 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 fairness, malevolence,… — Herman E. Daly Copy Share Image
Nonrenewable resources should be exploited, but at a rate equal to the creation of renewable substitutes. — Herman E. Daly Copy Share Image
If nonsatiety were the natural state of human nature then aggressive want-stimulating advertising would not be necessary, nor would the barrage of novelty aimed… — Herman E. Daly Copy Share Image
The laws of thermodynamics restrict all technologies, man's as well as nature's, and apply to all economic systems whether capitalist, communist, socialist, or fascist.… — Herman E. Daly Copy Share Image
Malthus has been buried many times, and Malthusian scarcity with him. But as Garrett Hardin remarked, anyone who has to be reburied so often… — Herman E. Daly Copy Share Image
There is something fundamentally wrong in treating the Earth as if it were a business in liquidation. — Herman E. Daly Copy Share Image
Growth chestnuts have to be placed on the unyielding anvil of biophysical realities and then crushed with the hammer of moral argument. — Herman E. Daly Copy Share Image
But the macro-economy is not the Whole. It too is a Part, a part of the larger natural economy, the ecosphere, and its growth… — Herman E. Daly Copy Share Image
Even if we could grow our way out of the crisis and delay the inevitable and painful reconciliation of virtual and real wealth, there… — Herman E. Daly Copy Share Image
While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces. — Herman E. Daly Copy Share Image
The problem with the World Bank has to do with development - the spreading of Western over-consumption worldwide. — Herman E. Daly Copy Share Image
Presumably, technology has made man increasingly independent of his environment. But, in fact, technology has merely substituted nonrenewable resources for renewables, which is more… — Herman E. Daly Copy Share Image
Don't let's lose sight of what creates wealth. It is open markets, it is capitalism. — Rupert Murdoch Copy Share Image
Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours. — Alan Greenspan Copy Share Image
Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,… — Christopher Bond Copy Share Image
Our engagement through international economics, trade, these trade agreements, is vital and is linked to our national security. This is a lesson we learned… — Charles Boustany Copy Share Image
“The free-market economy and globalisation process have brought about, in the late twentieth and early twenty-first century, a sharp and sudden rise in the… — Yaakov Malkin Copy Share Image
“Everything economic science posits as given, that is, the range of dispositions of the economic agent which ground the illusion of the ahistorical universality… — Pierre Bourdieu Copy Share Image
Politics is about power. It is about the power of the state. It is about the power of the state as applied to individuals,… — Kevin Rudd Copy Share Image
“a select group of high-performing companies have managed to close the strategy-to-performance gap through better planning and execution. These companies—Barclays, Cisco Systems, Dow Chemical,… — Michael C. Mankins Copy Share Image
The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those… — Friedrich August von Hayek Copy Share Image
The politician attempts to remedy the evil by increasing the very thing that caused the evil in the first place: legal plunder. — Frederic Bastiat Copy Share Image
“Economists have a singular method of procedure. There are only two kinds of institutions for them, artificial and natural. The institutions of feudalism are… — Karl Marx Copy Share Image
