Talk:Economics

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  • See, when the Government spends money, it creates jobs; whereas when the money is left in the hands of Taxpayers, God only knows what they do with it. Bake it into pies, probably. Anything to avoid creating jobs.
  • Most of the presidential candidates' economic packages involve 'tax breaks,' which is when the government, amid great fanfare, generously decides not to take quite so much of your income. In other words, these candidates are trying to buy your votes with your own money.
  • Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place.
  • How is property given? By restraining liberty; that is, by taking it away so far as necessary for the purpose. How is your house made yours? By debarring every one else from the liberty of entering it without your leave.
  • These guys believe that a 350 billion dollar tax cut will stimulate the economy, and they are full of shit. Because they don't know what stimulates the economy. The economy goes up, it goes down, it goes up, it goes down, it goes up, it goes down, nobody knows why the fuck it happens. And I know this because I took economics, and I'd explain it to yea'... but I flunked that course. Not my fault. They taught it at 8 o'clock in the morning. And there is absolute nothing that you can learn out of one bloodshot eye. After I failed my second test, I grabbed my teacher by the front of the shirt and said 'Are you *trying* to keep this shit a secret?'
  • Anyone who says minimum wage laws decrease unemployment disavows the law of demand and is therefore unqualified to speak as an economist.
  • Economics is a complex and complicated world about all the simple things we see everyday.
  • Don't expect to build up the weak by pulling down the strong.
  • Ultimately, property rights and personal rights are the same thing. The one cannot be preserved if the other be violated.
  • Nothing is particularly hard if you divide it into small jobs.
  • The prosperity we have known up to the present is the consequence of rapidly spending the planet's irreplaceable capital.
  • Things may come to those who wait. But only the things left by those who hustle.
  • That some should be rich shows that others may become rich, and hence is just encouragement to industry and enterprise.
  • Since the state must necessarily provide subsistence for the criminal poor while undergoing punishment, not to do the same for the poor who have not offended is to give a premium on crime.
  • The body of economic knowledge is an essential element in the structure of human civilization; it is the foundation upon which modern industrialism and all the moral, intellectual, technological, and therapeutical achievements of the last centuries have been built.
  • All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out.
  • An economist is a man who states the obvious in terms of the incomprehensible.
  • Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds.
  • Ordinary human concern for human distress does not manifest itself ordinarily in the form of a gun aimed at the wallets and earnings of one's neighbors.
  • While, politically, a mixed economy preserves the semblance of an organized society with a semblance of law and order, economically it is the equivalent of the chaos that had ruled China for centuries: a chaos of robber gangs looting--and draining--the productive elements of the country.
  • No matter how worthy the cause, it is robbery, theft, and injustice to confiscate the property of one person and give it to another to whom it does not belong.