Economics Quotes - Page 25

• The hope that poverty and ignorance may gradually be extinguished derives indeed much support from the steady progress of the working classes during the 19th century.

  Alfred Marshall

  Philosophy, Ignorance, Class

  Alfred Marshall (1977). “Principles of Economics: An Introductory Volume”

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• The aim of the popularization of economic studies is not to make every man an economist. The idea is to equip the citizen for his civic functions in community life.

  Ludwig von Mises

  Philosophy, Men, Ideas

  Ludwig Von Mises (1944). “Bureaucracy”

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• German Marxian's coined the dictum: If socialism is against human nature, then human nature must be changed.

  Ludwig von Mises

  Philosophy, Political, Human Nature

  Ludwig Von Mises (1944). “Bureaucracy”

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• The main propoganda trick of supporters of the allegedly "progressive" policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas, all they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems. The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.

  Ludwig von Mises

  Philosophy, Liars, Blessing

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• One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to lend. Then the firms that have expanded cannot get credit to pay for the factors of production necessary for the completion of the investment projects which they have already committed themselves. Because they cannot pay their bills, they sell off their inventories cheap. Then comes the panic, the breakdown. And the depression starts.

  Ludwig von Mises

  Creating, One Day, Expansion

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• What does a tax do? It takes either from the producer or the consumer a more or less sizable portion of the product destined in part to consumption and in part to savings, in order to apply it to less productive or even destructive ends, and more rarely to savings.

  Gustave de Molinari

  Philosophy, Order, Political

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• 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

  Philosophy, People, Political

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• Gradually, they learned that politics is fundamentally a great business, a struggling and a haggling for advantages, over whose lap collects the most rewards cast by the legislation-machine.

  Friedrich Naumann

  Philosophy, Struggle, Political

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• The State is the coldest of all cold monsters.

  Friedrich Nietzsche

  Philosophy, Government, Political

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• Any allegation of runaway capitalism has to be tempered by the observation that today we have the largest public sectors and the highest taxes the world has ever known.

  Johan Norberg

  Philosophy, Political, World

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• In my opinion nothing has contributed more to the corruption of the original idea of socialism as the belief that Russia is a socialist country.

  George Orwell

  Country, Philosophy, Russia

  George Orwell, Ian Angus, Sheila Davison (1998). “It is what I think, 1947-1948”, Martin Secker & Warburg Ltd

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• The party that called itself liberal aimed at respecting the liberty to dispose of one's own goods

  Vilfredo Pareto

  Philosophy, Party, Political

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• The liberals who demanded equality of taxation on behalf of the poor, for instance, did not imagine that they would obtain progressive taxation to the disadvantage of the well-off, and that they would end up with an arrangement in which taxes are voted by those who do not pay them.

  Vilfredo Pareto

  Philosophy, Progressive Taxation, Political

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• If they [liberals] didn't believe we were mean spirited they couldn't stay liberal. They have to believe they mean better than us, but we don't have to believe that we mean better than them. We have to believe that we do better than them. We measure morality by what happens not what is intended.

  Dennis Prager

  Philosophy, Believe, Mean

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• The current disfavor into which socialism has fallen has spurred.... the frenzy to proclaim oneself a liberal. Many writers today have recourse to the strategem of inventing for oneself a liberalism according to one's own tastes and passing it off as an evolution from past ideas.

  Ralph Raico

  Philosophy, Past, Ideas

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• Tariffs, government contracts, naval and military spending, nationalized industries, tax policy, social welfare, the legal privileging of labor unions were among the means at the disposal of the governing class to exploit the public at large for the benefits of its various clienteles.

  Ralph Raico

  Philosophy, Military, Mean

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• The chief value of the rule lies in preventing an immediate and obvious but inferior good from replacing a longer-range, less obvious but superior one.

  Ralph Raico

  Philosophy, Lying, Political

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• Protectionism, socialism, all varieties of state favoritism and restrictions on competition, and the growth of bureaucracy and jobbery were the means by which special interests sought to exploit the public, the great mass of consumers and taxpayers.

  Ralph Raico

  Philosophy, Mean, Political

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• With virtually no knowledge of or interest in history, the masses simply take their unprecedented high living standards under capitalism for granted.

  Ralph Raico

  Philosophy, Political, Granted

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• Liberalism is, in fact, the ideology of the capitalist revolution that prodigiously raised the living standards of the mass of people; a doctrine gradually elaborated over several centuries, which offered a new concept of social order, encompassing freedom in the only form suited to the modern world. Step by step, in practice and theory, the various sectors of human activity were withdrawn from the jurisdiction of coercive authority and given over to the voluntary action of self-regulating society.

  Ralph Raico

  Philosophy, Self, Order

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• As liberals, men like Richter viewed socialism as the great modern counter-revolution, and believed that the achievement of the socialist goal would lead both to appalling poverty and state absolutism. There was nothing in the socialist doctrine of the time that would suggest otherwise.

  Ralph Raico

  Philosophy, Men, Goal

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• The liberal ideal is that everyone should have fair access and fair opportunity. This is not equality fo result. Its equality of opportunity. There's a fundamental difference.

  Robert Reich

  Philosophy, Opportunity, Equality

  "Robert Reich's Call to 'Reason'". A BuzzFlash Interview, www.alternet.org. June 16, 2004.

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• There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions.

  Robert Reich

  Philosophy, White, Political

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• The slaves of socialism are slaves, but they are no one's property and therefore no one's loss.

  George Reisman

  Philosophy, Loss, Eugenics

  George Reisman (1979). “The Government Against the Economy: The Story of the U.S. Government's On-going Destruction of the American Economic System Through Price Controls”, Green Hill Pub

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• Economic freedom has no security without political freedom, and political freedom can find its security only in economic freedom.

  Eugen Richter

  Philosophy, Political, Economic Freedom

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