“If someone offers you ten thousand dollars or ten trees, take the trees.”— Alex Hutchinson, newyorker.com
“Wealth is production. There may be prospective wealth, putative wealth, potential wealth, in the soil, in the ore veins, in various latent forms—but actual wealth is only that which has been produced into things men require. The more there is of production, therefore, the more there is of wealth.”— William Randolph Hearst, newspapers.com
“What used to be called the evolution of the free market is now "millenials killing an industry" like it's our fault companies don't adapt.”— Zach Benjamin, twitter.com
“EVERY ‘millenials are killing businesses’ article is a ‘millenials have no disposable income because they aren’t paid fair wages’ article.”— Ty Schalter, twitter.com
“If you think about it, all these thinkpieces about how Millenials are ‘killing’ various industries reveal a pretty colossal sense of entitlement. Under normal circumstances, if a given industry finds itself unable to sell products to a given market demographic, we’d say it’s that industry’s fault fo…”— David J Prokopetz, prokopetz.tumblr.com
“You know why? It is jobs. What people want now, they want jobs. They want great jobs with good pay. And when they have that, you watch how race relations will be. And I’ll tell you we are spending a lot of money on the inner cities. We are gonna fix, we are fixing the inner cities. We are doing far…”— Donald Trump, nytimes.com
“I believe that banking institutions are more dangerous to our liberties than standing armies.”— Thomas Jefferson, amazon.com
“'Ive reminded people when were in Detroit a few weeks ago that Detroit 75 years ago was in essence Silicon Valley when the car was the hot technology of the day and 75 years ago Silicon Valley was just fruit orchards.”— Steve Case, usatoday.com
“Economics provides the means to vet an ideological agenda to determine its full range of consequences.”— Edmund S. Phelps, firstthings.com
“At the simplest level, economics can better show us the consequences of our actions. Less simple are cases in which we don’t have the knowledge to predict the full consequences. Global warming and climate change are examples. Actions that we believe will remedy a perceived problem may in fact lead t…”— Edmund Phelps, firstthings.com
“My training as an economist has been of help in one important way: It convinced me that the only information that is of value in a financial market is information that other people don’t have.”— Herbert A. Simon, amazon.com
“The only rule that ever made sense to me I learned from a history, not an economics, professor at Wharton. 'Fear,' he used to say, 'fear is the most valuable commodity in the universe.' That blew me away. 'Turn on the TV,' he'd say. 'What are you seeing? People selling their products? No. People sel…”— Max Brooks, amazon.com
“Imagine if the people of the Soviet Union had never heard of communism. The ideology that dominates our lives has, for most of us, no name. Mention it in conversation and you’ll be rewarded with a shrug. Even if your listeners have heard the term before, they will struggle to define it. Neoliberalis…”— George Monbiot, theguardian.com
“A capitalism shaped by the few and unaccountable to the many is a threat to all. Economies are more successful when we close the gap between rich and poor and growth is broadly based. A world in which 1% of humanity controls as much wealth as the other 99% will never be stable.”— Barack Obama, economist.com
“This is the paradox that defines our world today. The world is more prosperous than ever before and yet our societies are marked by uncertainty and unease.”— Barack Obama, economist.com
“The rich will always be rich, the poor will always be poor, but the middle-class is always in motion, is always in a state of suspended transformation, is not necessarily tomorrow what it is today.”— David Shields, amazon.com
“But I think having a low minimum wage is not a bad thing for this country.”— Donald Trump, politifact.com
“Let’s be clear. The global economy is not working for the majority of people in our country and the world. This is an economic model developed by the economic elite to benefit the economic elite. We need real change.”— Bernie Sanders, nytimes.com
“By choosing ‘leave,’ British voters demonstrated an unfortunate short-sightedness about how the world is changing and how hard it will be for any country with global ambitions to go it alone. With Brexit, both the U.K. and Europe are losing a lot more than a partnership. They're losing their best ch…”— Michael Schuman, bloomberg.com
“The varied nations of Europe understood that they'd be much stronger if they forged a common market with shared institutions and even a regional currency, the euro, than if they tried to compete as independent units... As a whole, the EU should in theory wield significant power in pressing Beijing t…”— Michael Schuman, bloomberg.com