Economist Quote by Thomas Sowell

We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which…

— Eddie George

“At any rate, the correct version of Gresham's law is simply an application of the theory of price control causing shortages to money, with…

— Murray Rothbard

We economists don't know much, but we do know how to create a shortage. If you want to create a shortage of tomatoes, for…

— Milton Friedman

Economists may not know much. But we know one thing very well: how to produce surpluses and shortages. Do you want a surplus? Have…

— Milton Friedman

Ever since the Great Depression, economists have known that demand shortages tend to persist in the wake of severe financial crises like the ones…

— Bob Frank

A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to…

— Thomas Sowell

Sellers in general maintain the quality of their products and services for fear of losing customers otherwise. But, when price controls create a situation…

— Thomas Sowell

There are only two economists in Congress and hundreds of lawyers. Does that explain why the government is in such a mess?

— Thomas Sowell

You may scoff at the Tooth Fairy if you like. But the Tooth Fairy's approach has gotten more politicians elected than any economist's analysis.

— Thomas Sowell

What we are saying is that we need to consolidate the capacity to lend support. Because, one of the problems that's mentioned with regard…

— Thabo Mbeki

You don't want to love - your eternal and abnormal craving is to be loved. You aren't positive, you're negative. You absorb, absorb, as…

— Anonymous

“Did you know that at one time trick-or-treating was stopped? It's true. During World War II children were not allowed to trick or treat…

— Linda Bozzo