Quotes on Economics

Quotes on Economics


Whoever perpetrated the mathematical inaccuracy “Two can live as cheaply as one” has a lot to answer for. Caren Meyer


Economics is a subject that does not greatly respect one’s wishes. Nikita S. Khrushchev


If ignorance paid dividends, most Americans could make a fortune out of what they don’t know about economics. Luther Hodges


Blessed are the young, for they shall inherit the national debt. Herbert Hoover


Christmas is the time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell the government what they want—and their kids pay for it. Richard Lamm


If all economists were laid end to end, they would not reach a conclusion. George Bernard Shaw (attrib.)


There was a farmer who planted some corn. He said to his neighbor, “I hope I break even this year. I really need the money.” John F. Kennedy


We have always known that heedless self-interest was bad morals; we know now that it is bad economics Franklin D. Roosevelt


An economist is a guy with a Phi Beta Kappa key on one end of his watch chain and no watch on the other end. Alben Barkley

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