Subjects — E

Economics Quotations

Economic growth may one day turn out to be a curse rather than a good, and under no conditions can it either lead into freedom or constitute a proof for its existence.

For the past 15 years or so, British governments have tried to persuade the rest of us that the best judges of the national interest are … businessmen. This may be a ridiculous statement, but — ominously — fewer and fewer people laugh at it.

The notion that big business and big labor and big government can sit down around a table somewhere and work out the direction of the American economy is at complete variance with the reality of where the American economy is headed. I mean, it’s like dinosaurs gathering to talk about the evolution of a new generation of mammals.

It seems to be a law in American life that whatever enriches us anywhere except in the wallet inevitably becomes uneconomic.

Frugality is founded on the principal that all riches have limits.

People do not understand what a great revenue economy is.

Commerce flourishes by circumstances, precarious, transitory, contingent, almost as the winds and waves that bring it to our shores.

There can be economy only where there is efficiency.

Everyone is always in favour of general economy and particular expenditure.

Commerce is a game of skill which everyone cannot play and few can play well.