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Quotes for topic: Economics


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Showing 71-80 of 181 quotes in the topic Economics

Big Water makes an argument straight out of Economics 101. The best way to deliver water to people's homes efficiently, the water barons argue, is to put the process in the hands of the market. If water is scarce, then raise the price - let the law of supply and demand take over!

~Charles C. Mann

Topics: Argue Argument Best Best Way Big Deliver Demand Economics Efficiently Hands Homes Law Makes Market Out Over People Price Process Put Raise Scarce Straight Supply Take Then Water Way

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Economics, politics, and personalities are often inseparable.

~Charles Edison

Topics: Economics Inseparable Often Personalities Politics

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Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject.

~Charlie Munger

Topics: Been Confident Decade Difficult Economics Formula Formulas Next Physics Profession Same Subject Various Work Works

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I took the obligatory economics classes in school, but I've long been a fan of the Milton Friedman philosophy and its libertarian bent: One must be free to do what one wants to do, as long as you don't harm another. This is the seminal treatise on free-market economics.

~Charlie Trotter

Topics: Another Been Bent Classes Economics Fan Free Free-Market Harm Libertarian Long Milton Must Obligatory Philosophy School Took Wants You

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There's a joke in economics about the drunk who loses his keys in the street but only looks for them under the lightposts. When asked why, he says, 'because that's where the light is.' That's the problem with the deficit.

~Christina Romer

Topics: About Asked Because Deficit Drunk Economics He His Joke Keys Light Looks Loses Only Problem Says Street The Problem With Them Where Who Why

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The basic idea that if you increase government spending or you cut people's taxes that stimulates the economy and lowers the unemployment rate, is a very widely accepted idea. It's in every economics textbook, that's what we teach our undergraduates, and I certainly try to teach them the truth.

~Christina Romer

Topics: Accepted Basic Certainly Cut Economics Economy Every Government Government Spending Idea Increase Our People Rate Spending Stimulates Taxes Teach Textbook Them Truth Try Unemployment Very Widely You

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Many of my students assume that government protection is the only thing ensuring decent wages for most American workers. But basic economics shows that competition between employers for workers can be very effective at preventing businesses from misbehaving.

~Christina Romer

Topics: American American Workers Assume Basic Between Businesses Competition Decent Economics Effective Employers Ensuring Government Many Most Only Preventing Protection Shows Students The Only Thing Thing Very Wages Workers

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Neoclassical economics insists that advertising cannot force consumers to buy anything they don't already want to buy.

~Christopher Lasch

Topics: Advertising Anything Buy Cannot Consumers Economics Force Insists Want

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Rock 'n' roll accepted me and paid me, even though I loved the big bands... I went that way because I wanted a home of my own. I had a family. I had to raise them. Let's don't leave out the economics. No way.

~Chuck Berry

Topics: Accepted Bands Because Big Economics Even Family Had Home Leave Loved Me My Own Out Own Paid Raise Rock Rock N Roll Roll Them Though Wanted Way

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My high school, the Illinois Mathematics and Science Academy, showed me that anything is possible and that you're never too young to think big. At 15, I worked as a computer programmer at the Fermi National Accelerator Laboratory, or Fermilab. After graduating, I attended Stanford for a degree in economics and computer science.

~Clara Shih

Topics: Academy After Anything Anything Is Possible Attended Big Computer Computer Science Degree Economics Graduating High High School Illinois Laboratory Mathematics Me National Never Possible Programmer School Science Stanford Think Think Big Too Worked You Young

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