Quotes Categories

Economy And Economics Quotes

Men cannot not live by exchanging articles, but producing them. They live by work not trade.

Author: John Ruskin (1819-1900)

Profession: British Critic, Social Theorist

Profit is the ignition system of our economic engine.

Author: Charles Sawyer


Call a thing immoral or ugly, soul-destroying or a degradation of man, a peril to the peace of the world or to the well-being of future generations; as long as you have not shown it to be ''uneconomic'' you have not really questioned its right to exist, grow, and prosper.

Author: E. F. Schumacher (1911-1977)

Profession: German Economist

Economic progress, in capitalist society, means turmoil.

Author: Joseph A. Schumpeter (1883-1950)

Profession: Austrian-American Economist

Economy is too late when you are at the bottom of your purse.

Author: Seneca (4 B.C. – 65 A.D.)

Profession: Spanish-born Roman Statesman, philosopher

If all the economists were laid end to end, they would not reach a conclusion.

Author: George Bernard Shaw (1856-1950)

Profession: Irish-born British Dramatist

Commerce has set the mark of selfishness, the signet of its all-enslaving power, upon a shining ore, and called it gold: before whose image bow the vulgar great, the vainly rich, the miserable proud, the mob of peasants, nobles, priests, and kings, and with blind feelings reverence the power that grinds them to the dust of misery.

Author: Percy Bysshe Shelley (1792-1822)

Profession: British Poet

The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.

Author: James Thurber (1894-1961)

Profession: American Humorist, Illustrator

Give me a one-handed economist! All my economics say, ''On the one hand… on the other.''

Author: Harry S. Truman (1884-1972)

Profession: Thirty-third President of the USA

An economist is someone who knows more about money than the people who have it.

Author: Source Unknown


If you took all the economists in the world and laid them end-to-end, they couldn't reach a conclusion

Author: Source Unknown


The science hangs like a gathering fog in a valley, a fog which begins nowhere and goes nowhere, an incidental, unmeaning inconvenience to passers-by.

Author: H.G. Wells (1866-1946)

Profession: British-born American Author