Economics Quote by Robert B. Reich

“Keynes concluded that citizens both rich and poor would have to be led gradually out of capitalism, a base and repugnant system of morals.…

— David Roth Singerman

“Keynes died in 1946, exhausted by his wartime efforts. But he had long since demonstrated that neither capitalism nor liberalism would survive very long…

— Tony Judt

The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable…

— John Maynard Keynes

Capitalism is not a perfect system. It may be better than all the other systems, but it's not a perfect system.

— Howard Warren Buffett

“Capitalism is the same everywhere. In order to survive and prosper it needs a permanent situation of partial scarcity: it needs it to maintain…

— Errico Malatesta

“The so-called “socialism” exceeded the mangiest recommendations of Keynes! Such a regulated state capitalism, such an intervention of the state in the economy like…

— Todor Bombov

I do not regard the Keynesian revolution as a great intellectual triumph. On the contrary, it was a tragedy because it came so late.…

— Joan Robinson

“Keynes knew perfectly well that fascist economic policy could never have succeeded in the long-run without war, occupation and exploitation.”

— Tony Judt

“The virtue of capitalism is that society can take advantage of people’s greed rather than their benevolence, but there is no need to, in…

— Nassim Nicholas Taleb

There is one good thing about Marx: he was not a Keynesian.

— Murray Rothbard

Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the…

— Paul Ormerod

“Capitalism – which in its purest form is entrepreneurism even among the poorest of the poor – does work; but those who make money…

— Richard Branson