Economics Quotes

The natural effort of every individual to better his own condition, when suffered to exert itself with freedom and security, is so powerful a principle, that it is alone, and without any assistance, not only capable of carrying the society on to wealth and prosperity, but of surmounting a hundred impertinent obstructers.... of human laws.

- Adam Smith
The Wealth of Nations

A government that is big enough to give you all you want is big enough to take it all away.

- Barry Goldwater.

Liberty is not a means to a higher political end. It is itself the highest political end. It is not for the sake of good public administration that it is required, but for security in the pursuit of the highest objects of civil society, and of private life.

- Lord Acton
The History of Freedom in Antiquity

It [economics] is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions.

- John Maynard Keynes (1883–1946)

As a scholarly discipline, economics has always suffered from physics envy.

- Robert Kuttner
Business Week, Nov. 12, 1990.

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