 |
 | "An economist is an expert who will know tomorrow why the things he
predicted yesterday didn"t happen today." | |
 |
Laurence J. Peter
|
|
| "An economist"s guess is liable to be as good as anybody
else"s." | |
|
Will Rogers
|
|
| "Ask five economists and you"ll get five different answers (six if
one went to Harvard)." | |
|
Edgar R. Fiedler
|
|
| "Capitalism needs to function like a game of tug-of-war. Two opposing
sides need to continually struggle for dominance, but at no time can either
side be permitted to walk away with the rope." | |
|
Pete Holiday
|
|
| "Economic depression cannot be cured by legislative action or
executive pronouncement. Economic wounds must be healed by the action of
the cells of the economic body - the producers and consumers
themselves." | |
|
Herbert Clark Hoover
|
|
| "Mere parsimony is not economy....Expense, and great expense, may be
an essential part of true economy." | |
|
Edmund Burke
|
|
| "Our economy is the result of millions of decisions we all make every
day about producing, earning, saving, investing, and spending." | |
|
General Dwight David Eisenhower
|
|
| "The financial climate is the worst it"s been in 25 years." | |
|
|
|
| "The sort of dependence that results from exchange, i.e., from
commercial transactions, is a reciprocal dependence. We cannot be
dependent upon a foreigner without his being dependent on us. Now, this is
what constitutes the very essence of society. To sever natural
interrelations is not to make oneself independent, but to isolate oneself
completely." | |
|
Claude Frédéric Bastiat
|
|
| "To think that the new economy is over is like somebody in London in
1830 saying the entire industrial revolution is over because some textile
manufacturers in Manchester went broke." | |
|
Alvin Toffler
|