
Top 30 Laws Of Economics Quotes
#1. A fool believes that the society of the future will transcend the laws of economics. A person of reason hopes that it will finally learn to respect them.
Jakub Bozydar Wisniewski
#2. Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.
Lawrence Summers
#3. Americans have a strange notion that the ordinary laws of economics do not apply to them. So doubtless they will think they are prosperous if the boom starts, and that deficits and indebtedness are merely signs of how prosperous they are.
Albert J. Nock
#4. Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere.
Lawrence Summers
#5. The laws of economics tell us that the expansion of the central state can't go on forever. Its limit is reached when the looted turn on the looters.
Llewellyn Rockwell
#7. The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
James Thurber
#8. The laws of economics and many studies of diversity tell us that if we tapped the entire pool of human resources and talent, our collective performance would improve.
Sheryl Sandberg
#9. High mandated minimum wages will throw people out of work and onto the welfare rolls in cases where unemployment benefits exist. When it comes to welfare payments, they obey the laws of economics, too. Indeed, if something - like unemployment - is subsidized, more of it will be produced.
Steve Hanke
#10. By the laws of the land, people who come looking for jobs in America are illegal. But by the laws of economics, they are following the logic and laws of economics when they leave Guatemala and go to Mexico, leave Mexico and come to the U.S., leave Africa and go to Spain and Europe looking for jobs.
Benjamin Barber
#11. [E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics
Ludwig Von Mises
#12. The safest way to make laws respected is to make them respectable.
Frederic Bastiat
#13. In the United States especially, politics and economics don't mix well. Politicians have all sorts of reasons to pass all sorts of laws that, as well-meaning as they may be, fail to account for the way real people respond to real-world incentives.
Steven D. Levitt
#14. Seventy percent of the fish we eat is black market, fished in violation of international laws. Our ignorance makes us unwilling partners in crime. Rogue economics is turning the global market into our worst nightmare.
Loretta Napoleoni
#15. The Remedy often proves worse than the Disease.
William Penn
#17. Economists suffer from a deep psychological disorder that I call 'physics envy'. We wish that 99 percent of economic behavior could be captured by three simple laws of nature. In fact, economists have 99 laws that capture 3 percent of behavior. Economics is a uniquely human endeavor ...
Andrew Lo
#18. The laws you see today are a direct consequence of economic illiteracy in the general population. If every voter learned economics tonight, the laws would change tomorrow.
Ben Mathew
#19. To me, growing old is great. It's the very best thing - considering the alternative.
Michael Caine
#20. So your shopping list for the zombie apocalypse is smokes, beer, and guns?
Mike Evans
#21. One of the first laws against air pollution came in 1300 when King Edward I decreed the death penalty for burning of coal. At least one execution for that offense is recorded. But economics triumphed over health considerations, and air pollution became an appalling problem in England.
Glenn T. Seaborg
#22. People who know nothing about advertising, nothing about pharmaceuticals, and nothing about economics have been loudly proclaiming that the drug companies spend too much on advertising - and demanding that the government pass laws based on their ignorance.
Thomas Sowell
#23. I had to paint the picture that I was never scared, otherwise I couldn't do my job. But now, as an actor, I'm literally paid to look emotionally accessible.
Zoe Bell
#24. The true law of economics is chance, and we learned people arbitrarily seize on a few moments and establish them as laws.
Karl Marx
#25. When men see how relevant the ten commandments are for economics, they should gain new respect for the importance of the laws of God for all of life, but especially for the life of dominion man, the man redeemed by grace through faith in the one true Dominion Man, Jesus Christ.
Gary North
#26. Beyond the economics of production efficiency, animal welfare laws that require "humane" treatment are really not about animals; they're about humans and making humans feel better about using animals. We can comfort ourselves with the idea that we are acting in a "humane" way.
Gary L. Francione
#27. The first years of man must make provision for the last.
Samuel Johnson
#28. When the panchayat raj is established, public opinion will do what violence can never do.
Mahatma Gandhi
#29. Economic relationships do not operate on value-neutral laws, but are rather carriers of specific convictions about the nature of the human person - the person's origins and
destiny. There is an implicit anthropology and an implicit theology in every economics.
William T. Cavanaugh
#30. I don't care who writes a nation's laws-or crafts its advanced treaties-if I can write its economics textbooks
Paul Samuelson
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