"It has been discovered that with a dull urban population, all formed under a mechanical system of State education, a suggestion or command, however senseless and unreasoned, will be obeyed if it be sufficiently repeated."
#Economics
24 quotes about Economics
Discover inspiring Economics quotes from famous authors and thought leaders. Find wisdom and motivation about Economics to inspire your life.
Economics Quotes
"Rejection is an opportunity for your selection."
"Propounding peace and love without practical or institutional engagement is delusion, not virtue."
"There ain't no such thing as a free lunch."
"...there were certain chapters when I stopped writing, saw the domestic situation I was in and thought, "I don't want to face this world, let's get back to the hellish one I'm imagining."
"The Socialist system requires that each individual act out of selfless, altruistic motives. It sounds nice, but the only way that could happen is if Man were innately centered on others."
"Moments are the elements of profit"
"A guidance counselor who has made a fetish of security, or who has unwittingly surrendered his thinking to economic determinism, may steer a youth away from his dream of becoming a poet, an artist, a musician or any other of thousands of things, because it offers no security, it does not pay well, there are no vacancies, it has no "future"."
"Economics was like psychology, a pseudoscience trying to hide that fact with intense theoretical hyperelaboration. And gross domestic product was one of those unfortunate measurement concepts, like inches or the British thermal unit, that ought to have been retired long before."
"An item is only worth what someone is willing to pay for it"
"One of the greatest pieces of economic wisdom is to know what you do not know."
"Das Spiel ist der Inbegriff demokratischer Lebensart. Es ist die letzt uns verbliebene Seinsform. Der Spieltrieb ersetzt die Religiosität, beherrscht die Börse, die Politik, die Gerichtssäle, die Pressewelt, und er ist es, der uns seit Gottes Tod mental am Leben hält."
"The working class had imposed upon them a sterile and authoritarian educational system which mirrored the ethos of the corporate workplace."
"Religion and art spring from the same root and are close kin. Economics and art are strangers."
"To summarize, using money to motivate people can be a double-edged sword. For tasks that require cognitive ability, low to moderate performance-based incentives can help. But when the incentive level is very high, it can command too much attention and thereby distract the person’s mind with thoughts about the reward. This can create stress and ultimately reduce the level of performance."
"Most of us try to do too much because we are secretly afraid we will not be able to do anything at all."
"Usually when people talk about the trickle-down theory, it has to do with economics. The richer people at the top of a society become, supposedly, the more wealth there is to trickle down to the people below. It never really works out that way, of course, because if there are 2 things people at the top can't stand, they have to be leakage and overflow."
"Simply just BE GRATEFUL what you have today, there is millions who'are crying for the place where you are today"
"Congress shall make no law abridging the freedom of production and trade..."
"Your comfort zone is a place where you keep yourself in a self-illusion and nothing can grow there but your potentiality can grow only when you can think and grow out of that zone."