Quotations

Famous Quotations

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economics

«I'd call it a new version of voodoo economics, but I'm afraid that would give witch doctors a bad name.»
«Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.»
«If ignorance paid dividends most Americans could make a fortune out of what they don't know about economics»
«Mathematics has given economics rigor, but alas, also mortis»
«One of the soundest rules I try to remember when making forecasts in the field of economics is that whatever is to happen is happening already»
«The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.»
«In economics it is a far, far wiser thing to be right than to be consistent»
«In economics, the majority is always wrong.»
Author: John Kenneth Galbraith | About: Economics, Majority | Keywords: economics
«I think it's both good ethics and good economics to scrap this notion that we can fight a war on terror and give rich folks like me a tax cut. It amounts to class warfare.»
«It's bad ethics and terrible economics. Take my money and make America well.»
Author: Bill Clinton (President) | Keywords: economics

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