~ Economics Quotes ~

[MysteRy]

[highlight-text]Trust the people. This is the one irrefutable lesson of the entire postwar period contradicting the notion that rigid government controls are essential to economic development.

Ronald Reagan

[MysteRy]

[highlight-text]I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending on the objects of benevolence the money of their constituents.

James Madison

[MysteRy]

[highlight-text]Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer.

Adam Smith

[MysteRy]

[highlight-text]Our industries have expanded to such a point that they will burst their jackets if they cannot find a free outlet to the markets of the world. Our domestic markets no longer suffice. We need foreign markets.

Woodrow Wilson

[MysteRy]

[highlight-text]We need true tax reform that will at least make a start toward restoring for our children the American Dream that wealth is denied to no one that each individual has the right to fly as high as his strength and ability will take him.

Ronald Reagan

[MysteRy]

[highlight-text]It is not from the benevolence of the butcher the brewer or the baker that we expect our dinner but from their regard to their own self-interest. We address ourselves not to their humanity but to their self-love and never talk to them of our own neccessities but of their advantages.

Adam Smith

[MysteRy]

[highlight-text]The statesman who would attempt to direct private people in what manner they ought to employ their capitals would not only load himeslf with a most unnecessary attention but assume an authority which could safely be trusted to no council and senate whatever and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.

Adam Smith

[MysteRy]

[highlight-text]The statesman who would attempt to direct private people in what manner they ought to employ their capitals would not only load himeslf with a most unnecessary attention but assume an authority which could safetly be trusted to no council and senate whatever and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.

Adam Smith