Economics

John_Heisenburg

“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”
- Murray N. Rothbard

“The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.
The first lesson of politics is to disregard the first lesson of economics.”
- Thomas Sowell

“What is called economic power, while it can be an instrument of coercion, is in the hands of private individuals never exclusive or complete power, never power over the whole life of a person. But centralised as an instrument of political power it creates a degree of dependence scarcely distinguishable from slavery.”
- Friedrich Hayek: The Road to Serfdom

“Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.”
- Walter E. Williams

7 months, 2 weeks ago
7 months ago
1 month, 4 weeks ago
7 months, 2 weeks ago
1 month, 4 weeks ago
6 months, 4 weeks ago
1 month, 2 weeks ago
8 months, 4 weeks ago
6 months, 1 week ago
1 month, 4 weeks ago
6 months, 3 weeks ago
9 months ago
1 month, 1 week ago
2 months ago
2 months ago
2 months, 3 weeks ago
2 years, 5 months ago
3 weeks, 2 days ago
7 months, 2 weeks ago
SHOW MORE