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ECONOMICS
[ Also see Business Commerce Industry Inflation Production Statistics ]

The moment that government appears at market, the principles of the market will be subverted.
      - Edmund Burke

Economics is extremely useful as a form of employment for economists.
      - John Kenneth Galbraith

In economics, the majority is always wrong.
      - John Kenneth Galbraith

The only function of economic forecasting is to make astrology look respectable.
      - John Kenneth Galbraith

The best of all monopoly profits is a quiet life.
      - John Richard Hicks,
        Econometrica--The Theory of Monopoly

Economics is a subject that does not greatly respect one's wishes.
      - Nikita Khrushchev

It's called political economy because it is has nothing to do with either politics or economy.
      - Stephen Butler Leacock

Economic independence is the foundation of the only sort of freedom worth a damn.
      - Henry Louis Mencken

Too often in recent history liberal governments have been wrecked on rocks of loose fiscal policy.
      - Franklin Delano Roosevelt

The consumer, so it is said, is the king . . . each is a voter who uses his money as votes to get the things done that he wants done.
      - Paul A. Samuelson, Economics (8th ed.)

If all economists were laid end to end, they would not reach a conclusion.
      - George Bernard Shaw

The truth is we are all caught in a great economic system which is heartless.
      - Thomas Woodrow Wilson


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Last Revised: 2018 December 9




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