Economics Quotes
Most Famous Economics Quotes of All Time!
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It's not about revenues: The fundamental economics in digital business is scale and margins. The top line has become the bottom line.
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
After graduating in engineering I went to the University of Kansas to get an MA in economics as a vehicle for allowing me to decide if I wanted to continue in economics.
I gradually became persuaded that the subjects, without intending to, had revealed to me a basic truth about markets that was foreign to the literature of economics.
Historically, in India, the strange fact was that the equity owner was not taking as much hit as the lender. Therefore, if we restore the first principle of economics, that first the equity owner needs to take the hit and then the lender, we will get a good solution.
One of the things I learned in 'Slavs!' is that it's much easier to talk about being gay than it is to talk about being a socialist. People are afraid of socialism, and plays that deal with economics are scarier to them.
Washington is a place where politics and economics often aren't on speaking terms.
Funnily enough, the Federal Reserve produced comics about monetary policy, and there is a good comic book guide to microeconomics and macroeconomics out there. But it is not really appropriate for younger readers; it is really aimed at economics students.
The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.
Economists tend to think they are much, much smarter than historians, than everybody. And this is a bit too much because at the end of the day, we don't know very much in economics.
The adverse economic events following the First World War turned me toward economics.
When we started looking at the bigger television ecosystem, you see that there's not that many serialized TV shows being made for TV. The economics are lousy: They don't sell into syndication well; they're expensive to produce.
It's critical to have a sound foundation in free-market economics and the Constitution. A great many Republicans in Washington don't have that foundation.
If, in our haste to 'progress,' the economics of ecology are disregarded by citizens and policy makers alike, the result will be an ugly America. We cannot afford an America where expedience tramples upon esthetics and development decisions are made with an eye only on the present.
Establishment idiots say the Trump tax cuts only helped the rich. Don't they understand anything about economics?
I was going to get a degree in economics and be a teacher. But I couldn't afford to pay for the education. So I just got the MBA and not the doctorate. I loved it at Bain, and I've been there ever since.
The data are what matter in economics, and the more ruthlessness that an economist can summon to make sense of the data, the more useful his findings will be.
Economics is about creating win-win situations. But in sports, someone loses.
My first undertaking in the way of scientific experiment was in the field of economics and psychology.
With the variety of fields within economics, broadly conceived and the increasing specialization of scholarly world, the award of a Nobel Memorial Prize honors not only the individual scholar but, implicitly, also a special field or a distinctive method.
The concept of 'green jobs' or a 'green economy' is often attacked as the work of the Grimm Brothers by those wedded to the grim science of free-market economics.
My folks are economists and have taught economics and social science so I grew up with those kind of conversations around the dinner table.
For in the theoretical field bourgeois economics no longer engages in blithe and joyous fights.
Advertising is, actually, a simple phenomenon in terms of economics. It is merely a substitute for a personal sales force - an extension, if you will, of the merchant who cries aloud his wares.
Economics as currently presented in textbooks and taught in the classroom does not have much to do with business management, and still less with entrepreneurship.
We believe that economics does not necessarily have to be a zero-sum game; it can be a win-win proposition for everyone involved so long as they have the tools in which to succeed.
I went to the London School of Economics to study sociology and psychology on a serviceman's grant.
I think most politicians have almost no understanding of economics; otherwise, they wouldn't have become politicians.
The last thing that should come between two willing parties, one that wants to adopt and one that wants to find a home, is economics.
Look at the declining television coverage. Look at the declining voting rate. Economics and economic news is what moves the country now, not politics.
The notion of humans as inherently rational beings has been not only trashed in economics, but trashed in all the best research on moral decision-making.
I decided to go to the London School of Economics to write my thesis for MIT, under James Meade, Nobelist with Bertil Ohlin in 1977.
In my early days, I wrote my dissertation for MIT at the London School of Economics, really under James Meade, but my dissertation was five chapters on the theory of capital movement, but it didn't mention money.
When I am skating, economics is far away. I always return refreshed and ready to carry on.
The Nobel Prize in Economics is an incredible recognition for the work that my students, colleagues and I have done over the years. We all worked hard, but we were also lucky that the financial applications were so important.
I'd like the reader to decide if he is willing to pay minute sums for content. I'd like the economics of web to be controlled between authors and readers, not advertiser.
The special sphere of finance within economics is the study of allocation and deployment of economic resources, both spatially and across time, in an uncertain environment. To capture the influence and interaction of time and uncertainty effectively requires sophisticated mathematical and computational tools.
As the Wall Street Journal called our economic plan, supply-side economics for the working man, is resonating in Minnesota and here in Missouri and across this country.
One of the most important things liberals don't understand about conservatism, obscured by too much lazy talk about conservatism's various 'wings,' is that its tenets form a relatively organic base for its adherents, where 'traditional morality' serves the interests of laissez-faire economics and vice-versa.
I don't think Obama understands basic economics. Not economics that work. He may understand some theory that someone in Princeton sat and dreamed up, but it's not working.
Never let it be said that the world of international economics isn't exciting or adventurous. OK, I exaggerate, because not even the most imaginative mind could construe the annual meetings of the International Monetary Fund and World Bank to be a nail-biting barn burner.
China understands economics more than most countries and is usually moved to increase freedoms when the yuan is directly involved.
When I finished high school, it was clear to me that I would study mathematics, even if I also considered economics and psychology.
'Economics for Everybody' begins with understanding God's principles for organizing His creation and what that means for us as creatures and stewards.
My mother is an office manager, my father a professor of economics and financial planner.
I started in college as a business major and finally transferred to home economics and studied making clothes.
Bin Laden comes out of a business background - he studied public administration and economics at university, and he worked for his family company, which was obviously a rather successful enterprise.
Let's be honest. The powers that be all of a sudden realize that there's a lot of money to be made from the Latino market. It all comes down to economics. That's what's happening. So what! We're in style. I mean, that's silly, but I'm taking full advantage of that.
Economics has never been a science - and it is even less now than a few years ago.
Economics is a choice between alternatives all the time. Those are the trade-offs.
There's nothing in Keynesian economics that would allow you to solve stagflation. But there's nothing in neoclassical economics that would allow you to solve stagflation, either.
I can't think of a president who has been overburdened by a knowledge of economics.
I think economics - and this is what I've tried to impart - has a tremendous amount of human interest in it.
Economics is not an exact science. It's a combination of an art and elements of science. And that's almost the first and last lesson to be learned about economics: that in my judgment, we are not converging toward exactitude, but we're improving our data bases and our ways of reasoning about them.
I have not been able in one lecture even to scratch the surface of the role of maximum principles in analytic economics.
Big-government economics breeds crony capitalism. It's corrupt, anything but neutral, and a barrier to broad participation in prosperity.
I call crony capitalism, where you take money from successful small businesses, spend it in Washington on favored industries, on favored individuals, picking winners and losers in the economy, that's not pro-growth economics. That's not entrepreneurial economics. That's not helping small businesses. That's cronyism, that's corporate welfare.
I did an A/S in economics once I had left school and was in my second year as a scholar at Nottingham Forest. I did that to keep me stimulated.
I took English courses in college, but I don't have an English degree. I have a degree in economics.
Making films take a lot of intelligence and is tough, though achieving Economics honours is tough, too.
The creation of NIT has ensured some seats for admission in undergraduate courses for students of Arunachal Pradesh, which will bound to uplift economics of locality directly or indirectly and help in enhancing human development index in the state.
The field of 'economics and organization' is still young and needs support. I have been a chaired professor much of my academic life and know that such chairs are important for recruiting and retaining faculty.
My family are quite academic, and I was set to study economics and politics at university.
The narrative related to economics is, I think, very well understood even by the common man.
Most of the expressions we use in economics are relative terms. All of us are votaries of free trade.
Cryptoeconomics is so fascinating to study because it's a combination of technology, economics, and psychology.
We plutocrats need to get this trickle-down economics thing behind us: this idea that the better we do, the better everyone else will do. It's not true. How could it be? I earn 1,000 times the median wage, but I do not buy 1,000 times as much stuff, do I?
Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechanistic system and embraces the much more accurate idea of an economy as a complex ecosystem made up of real people who are dependent on one another.
Economics is mostly how humans rationalize who gets what and why. It's how we instantiate our preferences about status, privileges, and power.
Fungible goods in economics can be extended and traded. So, half as much grain is half as much useful, but half a baby or half a computer is less useful than a whole baby or a whole computer, and we've been trying to make computers that work that way.
Religion and art spring from the same root and are close kin. Economics and art are strangers.
Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.
Contract things are kind of tough to come up with, especially with both sides and kind of how the economics and all those things work.
I really am enjoying my economics class, but I think my favorite course has to be history.
As a multisport athlete, I was always fascinated with competition and how to win. At HBS and later at the Harvard Department of Economics, I was drawn to the field of competition and strategy because it tackles perhaps the most basic question in both business management and industrial economics: What determines corporate performance?
The astounding variety of foods on offer in the modern supermarket obscures the fact that the actual number of species in the modern diet is shrinking. For reasons of economics, the food industry prefers to tease its myriad processed offerings from a tiny group of plant species, corn and soybeans chief among them.
Home economics - kids in school used to be taught how to shop, how to cook from scratch, how to be in control of their diets. Doesn't happen anymore.
One reason that we eat processed foods is the decline of home economics. Restarting home economics classes is one of the key things we could do to get this issue moving.
American influence in the world is certainly considerable, but the United States does not control, directly or indirectly, the politics and economics of other societies, as empires have always done, save for a few special cases that turn out to be the exceptions that prove the rule.
As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports.
Arbitrage proof has since been widely used throughout finance and economics.
To be clear, no one is saying there weren't any legitimate economic grievances in Trumpland, nor is anyone claiming that the economy played no role whatsoever. The point, however, is that it wasn't the major motivating factor for most Trump voters - or, at least, that's what we learn when we bother to study those voters. Race trumped economics.
Monetary policy is one of the most difficult topics in economics. But also, I believe, a topic of absolutely crucial importance for our prosperity.
Bitcoin represents the first major breakthrough in economics and finance since double-entry bookkeeping was invented in 1494, and activists need to embrace its power.
A study of economics usually reveals that the best time to buy anything is last year.
I've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on Wall Street. When economics is taught by pure academics, watch out.
The fundamental flaw in Social Security and Medicare is that they violate the 'welfare principle' in economics. The welfare principle forms the fundamental basis of all charitable work in churches and other private organizations: assist those who need help, and equally important, don't assist individuals who can take care of themselves.
In my book, 'The Big Three in Economics,' I found that the press has frequently and prematurely written the obituary of Adam Smith and his free-market philosophy, only to see a new and more vibrant global marketplace reemerge after being savagely attacked by Keynesians, Marxists, and assorted socialists.
Recommending gastric bypass as a national solution for our diabetes epidemic is bad medicine and bad economics.
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