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Economics

Definition: The branch of knowledge concerned with the production, consumption, and transfer of wealth.
Number of Quotes: 14

Our struggle was political, ideological and economic, and we felt we couldn't make something of ourselves unless we bettered society. We saw the two together.
Bella Abzug

Money, it has been said, has two properties. It is flat so that it can be piled up. But it is also round so that it can circulate.
Geoffrey Crowther

Philanthropy is commendable, but it must not cause the philanthropist to overlook the circumstances of economic injustice which make philanthropy necessary.
Martin Luther King Jr.

I have been accused of allegedly giving up my free-market principles in supporting some of Donald Trump's proposed policies.
Larry Kudlow

We sometimes take for granted the freedom and power of independent thought and action. And only after it's been compromised, do we fully realize how fundamental it is to the pursuit of economic opportunity.
Arthur Levitt

We can pay the ecological debt by changing economic models, and by giving up luxury consumption, setting aside selfishness and individualism, and thinking about the people and the planet Earth.
Evo Morales

A friend of mine was asked to a costume ball a short time ago. He slapped some egg on his face and went as a liberal economist.
Ronald Reagan

Inflation is as violent as a mugger, as frightening as an armed robber, and as deadly as a hit man.
Ronald Reagan

Wages should be left to the fair and free competition of the market, and should never be controlled by the interference of the legislature.
David Ricardo

The man who accepts the laissez-faire doctrine would allow his garden to grow wild so that roses might fight it out with the weeds and the fittest might survive.
John Ruskin

Profits are the lifeblood of the economic system, the magic elixir upon which progress and all good things depend ultimately. But one man's lifeblood is another man's cancer.
Paul Samuelson

Morality aside, there are other factors deterring strategic defaults, whether in recourse or nonrecourse states. These include the economic and emotional costs of giving up one's home and moving, the perceived social stigma of defaulting, and a serious hit to a borrower's credit rating.
Richard H. Thaler

We are in the beginning of a mass extinction. And all you can talk about is money and fairy tales of eternal economic growth. How dare you!
Speech at United Nations Climate Action Summit, New York, September 23, 2019.
Greta Thunberg

It's a recession when your neighbour loses his job; it's a depression when you lose yours.
Harry S. Truman

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