Economics

If you are rich, you have to be an idiot not to stay rich. And if you are poor, you have to be really smart to get rich.

John Green

There isn’t no such thing as a free lunch.

Robert A. Heinlein

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

Franklin D. Roosevelt

An economic system which can only expand or expire must be false to all that is human.

Edward Abbey

Geniuses and prophets do not usually excel in professional learning, and their originality, if any, is often due precisely to the fact that they do not.

Joseph A. Schumpeter

Just as a poetic discussion of the weather is not meteorology, so an issuance of moral pronouncements or political creeds about the economy is not economics. Economics is a study of cause-and-effect relationships in an economy.

Thomas Sowell

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.

Friedrich von Hayek

A study of economics usually reveals that the best time to buy anything is last year.

Marty Allen

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

Thomas Sowell

Economics is the only field in which two people can get a Nobel Prize for saying exactly the opposite thing.

Anonymous

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