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306 Finance and economics Quotes

Since man does not create physical matter, those who handle material objects in the production process are not producers in that sense. Economic benefits result from the transformation of matter in form, location, or availability (intellectually or temporally). It is these transformations that create economic benefits valued by consumers, and whoever arranges such transformations contributes to the value of things, whether his hands actually come into contact with physical objects or not.

Thomas Sowell Quotes

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Economics is first and foremost about the thoughts leading up to choice.

Gerald P. O'driscoll Quotes

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Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.

Thomas Sowell Quotes

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The principles applied in economic processes are general social principles.

Thomas Sowell Quotes

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The "human condition" is always to push forward for the better and economics is the study of that process.

Brian S. Wesbury Quotes

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American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility that the two are connected.

Thomas Sowell Quotes

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The growing complexity of science, technology, and organization does not imply either a growing knowledge or a growing need for knowledge in the general population. On the contrary, the increasingly complex processes tend to lead to increasingly simple and easily understood products. The genius of mass production is precisely in its making more products more accessible, both economically and intellectually to more people.

Thomas Sowell Quotes

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The monstrous evils of the twentieth century have shown us that the greediest money grubbers are gentle doves compared with money-hating wolves like Lenin, Stalin, and Hitler, who in less than three decades killed or maimed nearly a hundred million men, women, and children and brought untold suffering to a large portion of mankind.

Eric Hoffer Quotes

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Every era has a currency that buys souls. In some the currency is pride, in others it is hope, in still others it is a holy cause. There are of course times when hard cash will buy souls, and the remarkable thing is that such times are marked by civility, tolerance, and the smooth working of everyday life.

Eric Hoffer Quotes

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Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.

Thomas Sowell Quotes

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...we see that there are two different kinds of...societies: (a) parasitic societies and (b) producing societies. The former are those which live from hunting, fishing, or merely gleaning. By their economic activities they do not increase, but rather decrease, the amount of wealth in the world. The second kind of societies, producing societies, live by agricultural and pastoral activities. By these activities they seek to increase the amount of wealth in the world.

Carroll Quigley Quotes

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Value is not intrinsic; it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment.

Ludwig von Mises Quotes

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The essence of wealth is the capacity to control the forces of nature, and the extent of wealth depends upon the level of technology and the ability to create new knowledge.

Julian Simon Quotes

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When people go to work, they shouldn't have to leave their hearts at home.

Kenneth H. Blanchard Quotes

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Only positive consequences encourage good future performances.

George Crane Quotes

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My father taught me to work; he did not teach me to love it.

John G. Pollard Quotes

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Whenever you are asked if you can do a job, tell 'em, "Certainly, I can!" Then get busy and find out how to do it.

The Peter Principle Quotes

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In all recorded history there has not been one economist who has had to worry about where the next meal would come from.

Alfred A. Knopf Quotes

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The IRS spends God knows how much of your tax money on these toll-free information hot lines staffed by IRS employees, whose idea of a dynamite tax tip is that you should print neatly. If you ask them a real tax question, such as how you can cheat, they're useless. So, for guidance, you want to look to big business. Big business never pays a nickel in taxes, according to Ralph Nader, who represents a big consumer organization that never pays a nickel in taxes...

G. K. Chesterton Quotes

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Only the little people pay taxes.

Fran Lebowitz Quotes

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I figure you have the same chance of winning the lottery whether you play or not.

Michael Mcshane Quotes

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All currency is neurotic currency.

Norman O. Brown Quotes

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In its famous paradox, the equation of money and excrement, psychoanalysis becomes the first science to state what common sense and the poets have long known -- that the essence of money is in its absolute worthlessness.

Norman O. Brown Quotes

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The entire essence of America is the hope to first make money -- then make money with money -- then make lots of money with lots of money.

Paul Erdman Quotes

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Money, the root of all evil...but the cure for all sadness.

Mike Gill Quotes

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