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Tag Name "Economics" (1159)

Page 5 of 49
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The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer.
Adam Smith
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Now many such things may be done without intitling the people to rise in arms. A gross, flagrant, and palpable abuse no doubt will do it, as if they should be required to pay a tax equal to half or third of their substance.
Adam Smith
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The liberal reward of labor, therefore, as it is the necessary effect, so it is the natural symptom of increasing national wealth. The scanty maintenance of the laboring poor, on the other hand, is the natural symptom that things are at a stand, and their starving condition that they going backwards fast.
Adam Smith
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All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.
Adam Smith
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Never complain of that of which it is at all times in your power to rid yourself.
Adam Smith
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It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
Adam Smith
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The real and effectual discipline which is exercised over a workman is that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence.
Adam Smith
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The division of labour was limited by the extent of the market
Adam Smith
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Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor.
Adam Smith
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Every individual necessarily labors to render the annual revenue of society as great as he can. He generally neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own gain, and he is, in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention.
Adam Smith
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I have never known much good done by those who affected to trade for the public good.
Adam Smith
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The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.
Adam Smith
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As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
Adam Smith
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Steps toward a rapprochement between Israel and the Arab states create a process that turns economics into the moving force that shapes the regional relations instead of nationalist interests that were dominant in the past.
Yitzhak Rabin
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In economics, when you put together a highly elastic thing and a highly inelastic thing, you create extraordinary potential for turbulence, volatility, and for unstable prices.
Adair Turner, Baron Turner of Ecchinswell
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Man is a perpetually wanting animal.
Abraham Maslow
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Data is great, but strategy is better
Steven Sinofsky
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Too many people think that economics is this subject that should wait until the university level. But it can't wait that long.
Robert Duvall
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People who have never run even a modest little business assert with great certainty and indignation that heads of multinational corporations are paid much more than they are worth. People who know nothing about medicine and nothing about economics unhesi.
Thomas Sowell
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Zero-sum thinking is an obsession of mine, but mostly in economics.
P. J. O'Rourke
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Men, like animals, naturally multiply in proportion to the means of their subsistence.
Adam Smith
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What you manage in business is people
Harold Geneen
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I'd call it a new version of voodoo economics, but I'm afraid that would give witch doctors a bad name.
Geraldine Ferraro
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A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives.
Charles Wheelan
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