Economic History Quotes

• Economic history is the most fundamental branch of history; not the most important. Foundations exist to carry better things.

  John Clapham

  Challenges, Inspire, Important

  7 Copy quote

• The characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a continuous trend toward an improvement in the general standard of living.

  Ludwig von Mises

  Progress, Trends, Improvement

  16 Copy quote

• The best chapters in our economic history are those that embrace the many, not the few.

  David Cameron

  Economic, Embrace, Chapters

  "Cameron hails Thatcher in his call for 'truly popular capitalism'" by Andrew Sparrow, www.theguardian.com. January 30, 2009.

  19 Copy quote

  Show source

• Much of the profession is empirically bankrupt because it is no longer taught economic history.

  Charles P. Kindleberger

  Taught, Economic, Profession

  11 Copy quote

• Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise is false, ride that trend and step off before it is discredited.

  George Soros

  Lying, Trends, Path

  35 Copy quote

• The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.

  Lawrence Summers

  Important, Asian, Development

  69 Copy quote

• Almost everybody today believes that nothing in economic history has ever moved as fast as, or had a greater impact than, the Information Revolution. But the Industrial Revolution moved at least as fast in the same time span, and had probably an equal impact if not a greater one.

  Peter Drucker

  Change, Believe, Technology

  Peter Drucker (2012). “Managing in the Next Society”, p.4, Routledge

  9 Copy quote

  Show source

• We have reached a profound point in economic history where the truth is unpalatable to the political class - and that truth is that the scale and magnitude of the problem is larger than their ability to respond - and it terrifies them.

  Hugh Hendry

  Class, Profound, Political

  7 Copy quote

• Financiers are great mythomaniacs, their explanations and superstitions are those of primitive men; the world is a jungle to them.They perceive acutely that they are at the dawn of economic history.

  Christina Stead

  Men, Primitive Man, Dawn

  Christina Stead (2012). “House of All Nations”, p.122, Open Road Media

  4 Copy quote

  Show source

• I'm someone who can create critiques of individuals based on their economic history. That's one way I look at people in terms of one story that could be told purely in a Marxist construction.

  Ira Sachs

  People, Looks, Stories

  Source: www.avclub.com

  4 Copy quote

  Show source

• All other forms of history - economic history, social history, psychological history, above all sociology - seem to me history with the history left out.

  A. J. P. Taylor

  History, Psychological, Sociology

  The A J P Taylor (1980). “Politicians, Socialism, and Historians”, H. Hamilton

  7 Copy quote

  Show source

• The American businessmen, as a class, have demonstrated the greatest productive genius and the most spectacular achievements ever recorded in the economic history of mankind. What reward did they receive from our culture and its intellectuals? The position of a hated, persecuted minority. The position of a scapegoat for the evils of the bureaucrats.

  Ayn Rand

  Business, Class, Evil

  Ayn Rand (1988). “The Ayn Rand Lexicon: Objectivism from A to Z”, p.74, Penguin

  13 Copy quote

  Show source

• Let me say that I think the economic history of the last 150 years clearly shows that if you want to industrialize a country in a short period, let us say 20 years, and you don't have a well-developed private sector, entrepreneurial class, then central planning is important.

  Manmohan Singh

  Country, Thinking, Years

  6 Copy quote

• We conclude that the concentration of wealth is natural and inevitable, and is periodically alleviated by violent or peaceable partial redistribution. In this view all economic history is the slow heartbeat of the social organism, a vast systole and diastole of concentrating wealth and compulsive redistribution.

  Will Durant

  Views, Concentration Of Wealth, Heartbeat

  Will Durant, Ariel Durant (2012). “The Lessons of History”, p.44, Simon and Schuster

  14 Copy quote

  Show source

• The fact that you couldn't see Alfred Hitchcock's first film The Mountain Eagle, or that you couldn't see so many of F.W. Murnau's masterpieces, or that you couldn't see so many of Oscar Micheaux's really intriguing race melodramas, made with fierce independent spirit against all odds in '20s and '30s America. That stuff haunted me. They really did bring to life a sense of 20th Century history: cultural history, pop history, gender politics and race politics, socio economic history, all that stuff. It was bracing and instructive.

  Guy Maddin

  Independent, America, Race

  Source: thequietus.com

  5 Copy quote

  Show source