Talk:Economics

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  • 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.