Economics And Capitalism Famous Quotes & Sayings

List of top 47 famous quotes and sayings about economics and capitalism to read and share with friends on your Facebook, Twitter, blogs.

Top 47 Quotes About Economics And Capitalism

#1. The more propaganda ... conservatives spread for capitalist economics while at the same time preaching collectivism morally and philosophically , the more nails they'll drive into capitalism's coffin. - Author: Ayn Rand
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#2. Marx, however imperfectly he worked out the details, set himself the task of discovering the law of motion of capitalism, and if there is any hope of progress in economics at all, it must be in using academic methods to solve the problems posed by Marx. - Author: Joan Robinson
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#3. Inflation made it possible to divert the fury of the people to 'speculators' and 'profiteers'. Thus it proved itself an excellent psychological resource of the destructive and annihilist war policy. - Author: Ludwig Von Mises
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#4. For the same reason a disease cannot be cured by more of the germ that caused it, the inflation and debt accumulation of the Obama years will not inflate our way out of it. - Author: Ron Paul
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#5. Government is a gang, but not merely as meritorious as a private gang because it claims legal legitimacy. It pillages and uses violence but under the cover of law, and seeks legitimacy not through competition but through the myth of the social contract. - Author: Jeffrey Tucker
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#6. Here's something I still can't get over. Amazes and thrills me every time. I'm sitting here and want a certain book. So I search, click, and then I have the book. Every time, my heart does a little leap of joy. What a beautiful world the market is making. - Author: Jeffrey Tucker
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#7. He who cares to go to the trouble of demonstrating the uselessness of index numbers for monetary theory and the concrete tasks of monetary policy will be able to select a good proportion of his weapons from the writings of the very men who invented them. - Author: Ludwig Von Mises
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#8. Determinants of prices have their effect only through the medium of the subjective estimates of individuals; and the extent to which any given factor influences these subjective estimates can never be predicted. - Author: Ludwig Von Mises
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#9. Any allegation of runaway capitalism has to be tempered by the observation that today we have the largest public sectors and the highest taxes the world has ever known. - Author: Johan Norberg
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#10. The law-abiding citizen by his labor serves both himself and his fellow man and thereby integrates himself peacefully into the social order. The robber, on the other hand, is intent, not on honest toil, but on the forcible appropriation of the fruits of others' labor. - Author: Ludwig Von Mises
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#11. This is the permanent tension that lies at the heart of a capitalist democracy and is exacerbated in times of crisis. In order to ensure the survival of the richest, it is democracy that has to be heavily regulated rather than capitalism. - Author: Tariq Ali
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#12. Capitalism is too important and complex a subject to be left to economists. Achieving a critical comprehension of it requires perspectives beyond those characteristic of modern economics. That is why this is a history not of economic ideas, but of ideas beyond the capitalist economy. - Author: Jerry Z. Muller
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#13. The companies only developed if the state did not intervene in the French fashion. If on the contrary a certain degree of economic freedom was the rule, capitalism moved in firmly and adapted itself to all administrative quirks and difficulties - Author: Fernand Braudel
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#14. Exchange, fair or unfair,always presupposes and includes the rule of the bourgeoisie. - Author: Vladimir Ilyich Lenin
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#15. Poverty was nature surviving in society; that the limitedness of food and the unlimitedness of men had come to an issue just when the promise of boundless increase of wealth burst in upon us made the irony only the more bitter. - Author: Karl Polanyi
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#16. Occult Theft,
Theft which hides itself even from itself, and is legal, respectable, and cowardly,
corrupts the body and soul of man, to the last fibre of them. And the guilty Thieves of Europe, the real sources of all deadly war in it, are the Capitalists - Author: John Ruskin
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#17. Our minds become slaves to those we see as having total power to control us and to cause pain to us. We are quick to give up control of ourselves to those who have the power to rule us as long as they also have the power to feed us. This is the fundamental construct of a feudal society. - Author: Majid Kazmi
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#18. Do you understand economics? I mean big-time, prewar, global capitalism. Do you get how it worked? I don't, and anyone who says they do is full of shit. - Author: Max Brooks
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#19. For when the Law of Price declares that a good actually commands a particular price, and explains why it does so, it of course implies that the good is able to command this price, and explains why it is able to do so. The Law of Price comprehends the Law of Exchange-Value. - Author: Ludwig Von Mises
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#20. [Conventional wisdom] very heavily tends to reflect the preferences and the interests of the elite. - Author: Paul Krugman
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#21. The aim was to regulate the value of money by increasing or diminishing the quantity of it. The effects of these measures appeared to provide an inductive proof of the correctness of this superficial version of the Quantity Theory, and incidentally concealed the weaknesses of its logic. - Author: Ludwig Von Mises
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#22. Free markets and capitalism are predicated upon the definition of greed as altruistic in economics".

~R. Alan Woods [2012] - Author: R. Alan Woods
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#23. The capital amassed in the eighteenth and nineteenth centuries through various forms of slave economy is still in circulation, said De Jong, still bearing interest, increasing many times over and continually burgeoning anew. - Author: W.G. Sebald
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#24. Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things. Only economic action has created the wealth around us; labor, not the profession of arms, brings happiness. Peace builds, war destroys. - Author: Ludwig Von Mises
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#25. People who dismiss the unemployed and dependent as 'parasites' fail to understand economics and parasitism. A successful parasite is one that is not recognized by its host, one that can make its host work for it without appearing as a burden. Such is the ruling class in a capitalist society. - Author: Jason Read
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#26. Under certain conditions, index numbers may do very useful service as an aid to investigation into the history and statistics of prices; for the extension of the theory of the nature and value of money they are unfortunately not very important. - Author: Ludwig Von Mises
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#27. Capitalism tries for a delicate balance: It attempts to work things out so that everyone gets just enough stuff to keep them from getting violent and trying to take other people's stuff. - Author: George Carlin
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#28. The use of market values and technology as a social barometer has devalued the worth of individuals, rendered irrelevant the quality of their lives, and stunted their creativity. - Author: Sulak Sivaraksa
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#29. There's a huge swath of humanity that has developed verbal abilities to extract resources from guilt-ridden people.
They used to be priests, and now they're leftists. - Author: Stefan Molyneux
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#30. Big-government economics breeds crony capitalism. It's corrupt, anything but neutral, and a barrier to broad participation in prosperity. - Author: Paul Ryan
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#31. Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people. - Author: Robert Higgs
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#32. What I'm saying to you this morning is that Communism forgets that life is individual. Capitalism forgets that life is social, and the Kingdom of Brotherhood is found neither in the thesis of Communism nor the antithesis of capitalism but in a higher synthesis. - Author: Martin Luther King Jr.
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#33. One should attend carefully to the fear and desperation of the powerful. They understand very well the potential reach of the "ultimate weapon," and only hope that those who seek a more free and just world will not gain the same understanding and put it effectively to use. - Author: Noam Chomsky
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#34. The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn't deliver the goods. - Author: John Maynard Keynes
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#35. In the case of money, subjective use-value and subjective exchange-value coincide. Both are derived from objective exchange-value, for money has no utility other than that arising from the possibility of obtaining other economic goods in exchange for it. - Author: Ludwig Von Mises
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#36. It's not an endlessly expanding list of rights - the 'right' to education, the 'right' to health care, the 'right' to food and housing. That's not freedom, that's dependency. Those aren't rights, those are the rations of slavery - hay and a barn for human cattle. - Author: Alexis De Tocqueville
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#37. After the collapse of socialism, capitalism remained without a rival. This unusual situation unleashed its greedy and - above all - its suicidal power. The belief is now that everything - and everyone - is fair game. - Author: Gunter Grass
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#38. It turned out that capitalism alone could make people not only rich and happy but also poor, hungry, miserable, and powerless. - Author: Masha Gessen
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#39. Litmus test: If you can't describe Ricardo 's Law of Comparative Advantage and explain why people find it counterintuitive, you don't know enough about economics to direct any criticism or praise at " capitalism " because you don't know what other people are referring to when they use that word . - Author: Eliezer Yudkowsky
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#40. It is not the poverty of individuals and the community, not indebtedness to foreign nations, not the unfavourableness of the conditions of production, that force up the rate of exchange, but inflation. - Author: Ludwig Von Mises
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#41. By 'the objective exchange-value of money' we are accordingly to understand the possibility of obtaining a certain quantity of other economic goods in exchange for a given quantity of money; and by 'the price of money' this actual quantity of other goods. - Author: Ludwig Von Mises
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#42. The communists may not have done very well in the end, but I can't help thinking of capitalism as merely the go-to religion of the greedy and selfish. - Author: Pansy Schneider-Horst
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#43. The agents of etatism have certainly not been lacking in zeal and energy. But, for all this, economic affairs cannot be kept going by magistrates and policemen. - Author: Ludwig Von Mises
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#44. When individuals are exchanging present goods against future goods they do not take account in their valuations of Variations in the objective exchange-value of money. Lenders and borrowers are not in the habit of allowing for possible future fluctuations in the objective exchange-value of money. - Author: Ludwig Von Mises
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#45. Scholars have long debated whether capital markets lead to appropriate levels of saving and investment for future generations. - Author: David L. Weimer
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#46. The moneyprice of any commodity in any place, under the assumption of completely unrestricted exchange and disregarding the differences arising from the time taken in transit, must be the same as the price at any other place, augmented or diminished by the money-cost of transport. - Author: Ludwig Von Mises
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#47. History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them. - Author: B.R. Ambedkar
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