Economics-christiansquoting.org.uk

He who teaches his child to live on a small means has left him a fortune.

You will feed on the wealth of nations, and in their riches you will boast. --Isa. 61:6

A little is as much as a lot, if it is enough. --Steve Brown

Some see private enterprise as a predatory target to be shot, others as a cow to be milked, but few are those who see it as a sturdy horse pulling the wagon.
Winston Churchill

To the fervent proponents of ruthless corporate capitalism I say: make a millionaire CEO live as a poor sweatshop worker in Indonesia for one month and then ask him about the merits of the world economic system. -- Vassilis Epaminondou

Necessity never made a good bargain.--Benjamin Franklin (1706-1790) _Poor Richard's Almanac_ [1735], "April"

There are 10^11 stars in the galaxy. That used to be a huge number. But it's only a hundred billion. It's less than the national deficit! We used to call them astronomical numbers. Now we should call them economical numbers. -- Richard Feynman

He who controls the money supply of a nation controls the nation. -- President James Garfield 1881

The excess credit which the Fed pumped into the economy spilled over into the stock market- triggering a fantastic speculative boom. Belatedly, Federal Reserve officials attempted to sop up the excess reserves and finally succeeded in braking the boom. But it was too late: by 1929 the speculative imbalances had become so overwhelming that the attempt precipitated a sharp retrenching and a consequent demoralizing of business confidence. As a result, the American economy collapsed... The world economies plunged into the Great Depression of the 1930's. --Alan Greenspan _The Objectivist_ (1966)

If anything is evident it should be that, while nations might abide by formal rules on which they have agreed, they will never submit to the direction which international economic planning involves - that while they may agree on the rules of the game, they will never agree on the order of preference in which the rank of their own needs and the rate at which they are allowed to advance is fixed by majority vote. Even if, at first, the peoples should, under some illusion about the meaning of such proposals, agree to transfer such powers to an international authority, they would soon find out that what they have delegated is not merely a technical task, but the most comprehensive power over their very lives. -- Friedrich Hayek, _The Road to Serfdom_

Communal/managed economics have always been more destructive of their societies than those driven by greed. This is what the Dosadi say: Greed sets its own limits, its self-regulation. --Frank Herbert, -The Dosadi Analysis -- a Bureau of Sabatoge Text

In the long run, free trade benefits everyone; in the short run it is bound to produce much pain. -- Henry Hobhouse

Give me control over a nations economy, and I care not who writes its laws."
Meyer Amschel Rothschild. Quoted in The Federal Reserve Bank by H.S. Kenan.

If patriotism is, as Dr. Johnson used to remark, the last refuge of the scoundrel, wrapping outdated industry in the mantle of national interest is the last refuge of the economically dispossessed. In economic terms, pleading national interest is the declining cottage industry of those who have been bypassed by the global economy.-- Kenichi Ohmae

America's abundance was not created by public sacrifices to 'the common good,' but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes.-- Ayn Rand

Millions of individuals making their own decisions in the market-place will always allocate resources better than any centralized government planning process. --Ronald W. Reagan

When everything that matters can be bought and sold,when commitments can be broken because they are no longer to our advanrage, when shopping becomes salvation and advertising slogans our litany, when our worth is measured by how much we earn and spend, then the market is destroting the very virtues on which it depends. That, not the return of socialism, is the danger that advanced economies now face. Jonathan Sacks, Markets and Morals, First Things, August 2000.

Every individual necessarily labours 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, Wealth of Nations

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

The first rule of economics is that there is an infinite number of desires chasing a finite number of goods, services and resources. The first rule of politics is to ignore the first rule of economics.-- Thomas Sowell

The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.-- Thomas Sowell

Government is the only agency which can take a useful commodity like paper, slap some ink on it, and make it totally worthless. --Von Mises

It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is a challenge to the conceit of those in power.-- Ludwig von Mises


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