Economic controversy is generally a thankless task. You cannot hope to make any impression on your opponent. Yet he is the only reader on whose interest you can count.

The consequences for human welfare involved in questions like these are simply staggering: once one starts to think about them, it is hard to think about anything else.

If we can go some way to creating a vibrant anaerobic digestion industry here in the U.K., we will be reaching our goals both in terms of economics and the environment.

It is much more difficult to measure non-performance than performance. Performance stands out like a ton of diamonds. Non-performance can almost always be explained away

Bankruptcy and repudiation are the springboards from which much of our civilization vaults and turns its somersets, but the savagestands on the unelastic plank of famine.

In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't spend it again on something else.

I am aiming my books at anybody with no economics background.

Wherever there is great property, there is great inequality.

Economics never was a dismal science. It should be a realistic science.

Economics is a very dangerous science.

Greenspan, who knew so much more than most, knew far less than most supposed.

The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.

In economics, the majority is always wrong.

Economics is really politics in disguise.

Society doesn't have values. People have values.

Economic progress, in capitalist society, means turmoil.

A depression is a situation of self-fulfilling pessimism.

Coining "Dismal Science" as a nickname for Political Economy

While economics is about how people make choice, sociology is about how they don't have any choice to make.

Reformers have the idea that change can be achieved by brute sanity.

Economics is the continuation of energy/resources by other means.

Commercial organisations that operate responsibly have benefitted by increased revenues of 682% compared to 166% for those that don't

The desire to achieve grand utopian plans often poses a grave threat to freedom.

Before economics can progress, it must abandon its suicidal formalism.

If socialists understood economics, they wouldn't be socialist.

Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it.

A stable 21st century society requires 21st century solutions not 20th century economics

There is always enough for the needy, there is never enough for the greedy.

Lunches don't get free just because you don't see the prices on the menu. And economists don't get popular by reminding people of that.

The only answer to the endless chains of why, why, why is that the alternatives died

I think we're miserable partly because we have only one god, and that's economics.

Balancing your budget is like protecting your virtue. You have to learn when to say no.

We are now speeding down the road of wasteful spending and debt, and unless we can escape we will be smashed in inflation.

Economics was the only profession where a person could be considered an expert without having once been right.

There is no such thing as economics, only social science applied to economic problems.

Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.

So, economics should emulate physics' basic ethos, but its search for precision in physics-like formulas is almost always wrong in economics.

But my shift to the serious study of economics gradually weakened my belief in Major Douglas's A+B theorem, which was replaced in my thought by the expression MV = PT.

The problem is a lot of what is called economics is not economics. It is more ideology or religion.

The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility.

...even professors of economics, to say nothing of the public, do not generally have scientific minds.

Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere.

It is not the responsibility of the Federal Bank - nor would it be appropriate - to protect lenders and investors from the consequences of their decisions

I am stretching out this volume, since those German dogs estimate the value of books by their cubic contents.

It was never my intention to marry anybody. Economics are basically the only reason to get married, but I'm very glad I did it.

Stop-Go seemed more sensiblr than using the brake and accelerator at the same time - a practice that later became fashionable.

A citizen who casts his ballot without having to the best of his abilities studied as much economics as he can fails in his civic duties.

'Economics for Everybody' begins with understanding God's principles for organizing His creation and what that means for us as creatures and stewards.

If one person has a right to something he did not earn, of necessity it requires that another person not have a right to something that he did earn.

Problems worthy of attacks, prove their worth by hitting back

Share This Page