56+ Best Economics Quotes: Exclusive Selection

Economics is the way in which trade, industry, or money is organized, or the study of this. Profoundly inspirational economics quotes will challenge the way you think, change the way you live and transform your whole life.

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Famous Economics Quotes

When it comes to the long run, then every one of us is dead. John Maynard Keynes

Man is a perpetually wanting animal. Abraham Maslow

If you are talking about inflation, then I would say it is a monetary phenomenon in every aspect and in every situation. Milton Friedman

Every man lives by exchanging Adam Smith

The very moment all the lands in any country are being privatized then, the landlords start demanding money for even the harvest which they never sowed. Adam Smith

It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion. Adam Smith

All the things that Milton Friedman comes across remind him of the supply of money, and all the things that I come across remind me of sex, but I keep it out of my papers. Robert Solow

Wherever there is great property, there is great inequality. Adam Smith

Once a person starts thinking about the growth of an economy, it is next to impossible for him to think about anything else. Robert Lucas

Problems worthy of attacks, prove their worth by hitting back Adam Smith

The prices of the stocks have apparently reached a very high platform. Irving Fisher

Never complain of that of which it is at all times in your power to rid yourself Adam Smith

The interpretation and estimation of the distributed lagged models were the major interests of macroeconomists and applied economists during the time when I was pursuing my graduation. Thomas Sargent

Economists who speak the English tongue are strangely intimidated by mathematical symbols. Al Nichol

I have never come across a person who has done anything good and who has always shown inclination towards free riding. Adam Smith

Whatever you tax you get less of. Alan Greenspan

The average scores of the economics department in MIT and Harvard go up when the student with the least academic performance in MIT leaves and joins Harvard. Paul Samuelson

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs. Alan Greenspan

You will find a computer in all places except when it comes to the statistics regarding the growth of an economy. Robert Solow

It is in the social sphere, in the realm of politics and economics, that the Will to Order becomes really dangerous. Aldous Huxley

All the conservatives that you may come across might not be stupid people, but all the stupid people you come across are conservatives. John Stuart Mill

To balance Fortune by a just expense, Join with Economy, Magnificence. Alexander Pope

I never had any non-academic job, which was serious enough. Amartya Sen

Capital is that part of wealth which is devoted to obtaining further wealth Alfred Marshall

The extent of expenditure of a country can have no limits. Gita Gopinath

Violence and fraud can create no right Algernon Sidney

The true problem associated with debt occurs when all the people are going to pay it back at the same time. Paul Krugman

Economies are supposed to serve human ends.. not the other way round. We forget at our peril that markets make a good servant, a bad master and a worse religion. Amory Lovins

I was birth on a campus of a university, and all my life I have been residing on any university campus or the other. Amartya Sen

The redistribution of wealth creates dependence on the people to whom it is redistributed, it doesn’t incentivize them to create their own wealth Andrew Napolitano

The true tragedy that the poor face is that they do not have enough aspirations. Adam Smith

Over the long term, absent of other barriers, economics always win Andy Bechtolsheim

Any policymaker’s tool kit must have enough room for fiscal policies because they are of paramount importance. Gita Gopinath

Economists are about as useful as astrologers in predicting the future and, like astrologers, they never let failure on one occasion diminish certitude on the next Arthur M. Schlesinger, Jr.

The approaches of any present government towards the future government are not philanthropic enough. Gita Gopinath

The analyses  often become too competent to be comprehensible Avinash Dixit

The theory of growth did not begin with my articles, but perhaps they began with Adam Smith. Even Adam Smith could have predecessors. Robert Solow

Everyone has the right to make his own decisions, but none has the right to force his decision on others. Ayn Rand

I say this often you can find all the things that you want online, but in the bookstores, you will get the things that you did not search for. Paul Krugman

People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism. Ayn Rand

Debt is the liability of one and an asset for the other. Paul Krugman

Good environmentalism is good economics Barber Conable

It is the state of our own minds that matter the most. John Maynard Keynes

The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers. Ben Bernanke

Escaping from already existing ideas is more difficult than developing new ones John Maynard Keynes

It is not the responsibility of the Federal Bank nor would it be appropriate  to protect lenders and investors from the consequences of their decisions Ben Bernanke

The people who are always inclined towards holding meetings are the least productive ones. Thomas Sowell

While economics is about how people make choice, sociology is about how they don’t have any choice to make. Bertrand Russell

There will be a shortage of sand in the Sahara desert if the federal government is put in its charge. Milton Friedman

I wasn’t actually very naturally good at economics. My brain doesn’t work very well, in terms of mathematics. Brit Marling

Population increases geometrically when it is not checked. Thomas Malthus

There are a lot of dubious theories and ideas in the field of economics.

I have always wanted to do something good and useful for the world, and I believe I inherited this from my mother. She was a pediatrician and was an active member of an NGO that was meant for the child victims of war. Esther Duflo 

To study economics, don’t rely on the interpretations of economists.