Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.


Tyler Cowen

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I like to open for a band as it brings on sort of a challenge and it makes things more interesting. ...
KELLY JONES
This is a test. It is only a test. Had it been an actual job, you would have received raises, promot...
ROBERT BENCHLEY
There is no expedient to which a man will not resort to avoid the real labor of thinking.
JOSHUA REYNOLDS
You don't manage people; you manage things. You lead people.
ADMIRAL GRACE HOOPER
There is no glory in outstripping donkeys.
MARTIAL
There ain't no such thing as a free lunch." A Libertarian Movement slogan - The Moon Is a Harsh Mi...
ROBERT A. HEINLEIN
I am indeed rich, since my income is superior to my expense, and my expense is equal to my wishes.
EDWARD GIBBON
Business, that's easily defined; it's other people's money.
ALEXANDRE DUMAS
Throughout history, poverty is the normal condition of man. Advances which permit this norm to be e...
ROBERT HEINLEIN
If all the economists were laid end to end, they'd never reach a conclusion.
GEORGE BERNARD SHAW
Only the little people pay taxes.
FRAN LEBOWITZ
...the only means to well-being is to increase the quantity of products. This is what business aims...
LUDWIG VON MISES
Economics is not about things and tangible material objects; it is about men, their meanings and act...
LUDWIG VON MISES
What pays under capitalism is satisfying the common man, the customer. The more people you satisfy,...
LUDWIG VON MISES
The first condition for the establishment of perpetual peace is the general adoption of the principl...
LUDWIG VON MISES
Business is a means- the only means- to increase the quantity of goods available for preserving life...
LUDWIG VON MISES
The rich adopt novelties and become accustomed to their use. This sets a fashion which others imita...
LUDWIG VON MISES
As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed a...
LUDWIG VON MISES
It is impossible to understand the history of economic thought if one does not pay attention to the ...
LUDWIG VON MISES
All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implic...
LUDWIG VON MISES
Show me the business man or institution not guided by sentiment and service; by the idea that "he pr...
B. F. HARRIS
The highest use of capital is not to make more money, but to make money do more for the betterment o...
ARTHUR GODFREY
In all recorded history there has not been one economist who has had to worry about where the next m...
ALFRED A. KNOPF
It's the economy, stupid.
BILL CLINTON
The "human condition" is always to push forward for the better and economics is the study of that pr...
BRIAN S. WESBURY
Whoever claims that economic competition represents 'survival of the fittest' in the sense of the la...
GEORGE REISMAN
The truth is that economic competition is the very opposite of competition in the animal kingdom. I...
GEORGE REISMAN
Capitalists are motivated not chiefly by the desire to consume wealth or indulge their appetites, b...
GEORGE GILDER
Only positive consequences encourage good future performances.
GEORGE CRANE
Money may kindle, but it cannot by itself, and for very long, burn.
IGOR STRAVINSKI
Because bankers measure their self-worth in money, and pay themselves a lot of it, they think they'r...
JAMES BUCHAN
We are all manufacturers. Making good, making trouble, or making excuses.
H. V. ADOLT
Most people...find a disorientating mismatch between the long-term nature of their liabilities and t...
HOWARD DAVIES
If you wish to prosper, let your customer prosper.When people have learned this lesson, everyone wil...
FREDERIC BASTIAT
There are only two lasting bequests we can hope to give our children. One of these is roots, the oth...
HODDING CARTER
My riches consist not in the extent of my possessions, but in the fewness of my wants.
J. BROTHERTON
I wake up every morning and thank God I’m not a chartered accountant any longer, but involved with...
GODFREY BRADMAN
Economics is first and foremost about the thoughts leading up to choice.
GERALD P. O'DRISCOLL
Forty for you, sixty for me And equal partners we will be.
GERALD BARZAN
Taxation WITH representation ain't so hot either.
GERALD BARZAN
We Asians are the original Conservatives because for thousands of years we have believed in free ent...
JAYVANTSINNJI GOHEL
My father taught me to work; he did not teach me to love it.
JOHN G. POLLARD
The essence of wealth is the capacity to control the forces of nature, and the extent of wealth depe...
JULIAN SIMON
The standard of living has risen along with the size of the world's population since the beginning o...
JULIAN SIMON
The increase in the world's population represents our victory against death...
JULIAN SIMON
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understa...
JULIAN SIMON
It is your mind that matters economically, as much or more than your mouth or hands. In the long ru...
JULIAN SIMON
Our whole evolution up to this point shows that human groups spontaneously evolve patterns of behavi...
JULIAN SIMON
Our supplies of natural resources are not finite in any economic sense. Nor does past experience giv...
JULIAN SIMON
Everything starts with the customer.
JR. GERSTNER
What is high finance? It’s knowing the difference between one and ten, multiplying, subtracting a...
JOHN BENTLEY
We live in a time of transition, an uneasy era which is likely to endure for the rest of this centur...
JIMMY CARTER
We've entered an era when very good, competent people aren't getting jobs. One remedy is to stand o...
JEFFREY P. DAVIDSON
When people go to work, they shouldn't have to leave their hearts at home.
KENNETH H. BLANCHARD
Commerce is the cure for the most destructive prejudices.
DE MONTESQUIEU
If you have to forecast, forecast often.
EDGAR R. FIEDLER
He who lives by the crystal ball soon learns to eat ground glass.
EDGAR R. FIEDLER
The market is a place set apart where men may deceive each other.
DIOGENES LAERTIUS
The business that considers itself immune to the necessity for advertising sooner or later finds its...
DERBY BROWN
Credit buying is much like being drunk. The buzz happens immediately, and it gives you a lift. The h...
DR. JOYCE BROTHERS
The question is, then, do we try to make things easy on ourselves or do we try to make things easy o...
ERWIN FRAND
He that is rich is wise.
DANIEL DEPOE
I have probably purchased fifty 'hot tips' in my career, maybe even more. When I put them all togeth...
CHARLES SCHWAB
There's no reason to be the richest man in the cemetery. You can't do any business from there.
COLONEL SANDERS
Reliable office staff come in the shape of mature married women working from 9.30!.30 (inside school...
CHRIS BRASHER
...we see that there are two different kinds of...societies: (a) parasitic societies and (b) produci...
CARROLL QUIGLEY
I figure you have the same chance of winning the lottery whether you play or not.
MICHAEL MCSHANE
The five essential entrepreneurial skills for success: Concentration, Discrimination, Organization, ...
MICHAEL E. GERBER
Every day I get up and look through the Forbes list of the richest people in America. If I'm not the...
LORD RUTHERFORD
What protectionism teaches us, is to do to ourselves in time of peace what enemies seek to do to us ...
HENRY GEORGE
Prices are important not because money is considered paramount but because prices are a fast and eff...
THOMAS SOWELL
The growing complexity of science, technology, and organization does not imply either a growing know...
THOMAS SOWELL
If patriotism is, as Dr. Johnson used to remark, the last refuge of the scoundrel, wrapping outdated...
KENICHI OHMAE
American prosperity and American free enterprise are both highly unusual in the world, and we should...
THOMAS SOWELL
The principles applied in economic processes are general social principles.
THOMAS SOWELL
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial tra...
THOMAS SOWELL
Since man does not create physical matter, those who handle material objects in the production proce...
THOMAS SOWELL
Price fixing does not represent simply windfall gains and losses to particular groups according to w...
THOMAS SOWELL
The desire of businessmen for profits is what drives prices down unless forcibly prevented from enga...
THOMAS SOWELL
When you hire people that are smarter than you are, you prove you are smarter than they are.
R. H. GRANT
It is time that financial types developed a greater tolerance for imprecision, because that’s the ...
JOHN C. BURTON
Based on first-hand evidence of your own senses - the improved health and later ages at which acquai...
JULIAN SIMON
The most important benefit of population size and growth is the increase it brings to the stock of u...
JULIAN SIMON
Greater consumption due to increase in population and growth of income heightens scarcity and induce...
JULIAN SIMON
The financial climate is the worst it's been in 25 years.
MICHAEL O'DONNELL
We do not hear the term "compassionate" applied to business executives or entrepreneurs, certainly n...
NATHANIEL BRANDEN
It takes all the fun out of a bracelet if you have to buy it yourself.
PEGGY JOYCE
Money isn't everything… but it ranks right up there with oxygen.
RITA DAVENPORT
Value is not intrinsic; it is not in things. It is within us; it is the way in which man reacts to ...
LUDWIG VON MISES
He who disdains the fall in infant mortality and the gradual disappearance of famines and plagues ma...
LUDWIG VON MISES
Economics is a theoretical science and as such abstains from any judgement of value. It is not its ...
LUDWIG VON MISES
What matters is not the allocation of portions out of a fund presented to man by nature. The proble...
LUDWIG VON MISES
Competition on the market aims at assigning to every individual that function in the social system i...
LUDWIG VON MISES
Those fighting for free enterprise and free competition do not defend the interests of those rich to...
LUDWIG VON MISES
The meaning of economic freedom is this: that the individual is in a position to choose the way in w...
LUDWIG VON MISES
...it is solely bigness in business which makes it possible to supply the masses with all those prod...
LUDWIG VON MISES
I've got a living to make, to put it plainly; there's more money in shocking and terrifying than in ...
WALFORD BRODIE
Wealth maketh many friends. [Proverbs 19:4].
BIBLE
He that maketh haste to be rich shall not be innocent. [Proverbs 28:20].
BIBLE
Whoever originated the cliche that money is the root of all evil knew hardly anything about the natu...
ERIC HOFFER

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What the banking system needs is creditors who monitor risk and cut their exposure when that risk is...
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I think as individuals, people overrate the virtues of local food. Most of the energy consumption in...
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At least in the United States, most economic resentment is not directed toward billionaires or high-...
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In chess, computers show that what we call 'strategy' is reducible to tactics, ultimately. I...
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Economics evolved as a more moral and more egalitarian approach to policy than prevailed in its surr...
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Social systems proceed by (usually) covering up the brutalities upon which they are based. The docto...
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I think a lot of people will be liberated from a lot of oppressive manufacturing jobs, or a lot of s...
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Presidents always want to do nice, noble, long-run things, and Congress is less keen to do so. We...
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A bad or mediocre meal is more than just an unpleasant taste, it is an unnecessary negation of one o...
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...apart from the seemingly magical internet, life in broad material terms isn't so different from w...
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Most of us are not pure self-starters; most people need role models, they need coaches, they need ex...
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I'm a pessimist about the euro, but not about Europe. So the southern periphery, Spain, Italy, G...
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Some Google employees have their self-driving vehicles take them to work. These car robots don't...
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A lot of local food is very tasty. I'm very happy to eat it. I just don't think it's the...
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Most restaurants in most cities, including Washington, are at a sort of mid-level. They're somew...
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If we want to improve American food and make it much cheaper, we should deregulate the food trucks a...
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Our efforts to reduce inflation are working; inflation here has now converged to euro area norms. Th...
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The events of March 11th have rightly led us to redouble our efforts
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We are all dedicated to getting these institutions back up and running as quickly as possible,
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that Ireland is an open, generous people who are prepared to give a fair break to applicant countrie...
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We need to show that Europe works,
BRIAN COWEN
One could make a case for all five of those teams matching up with our criteria. The net result, I t...
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if anything, we'll accept fewer students.
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We're the single largest private employer (in Orleans Parish), ... What does it say if the single la...
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Until a commission is sanctioned to sift through all these ideas and coalesce it into a single visio...
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If you lost an entire year, it would be very difficult to retain students and to retain faculty, ......
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While this news is extremely disappointing to all of us, our students can continue their academic ca...
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The level of criticism is fairly warranted. So you either do it the right way, which involves a play...
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If the Big Ten calls, ... maybe I'll return their call.
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This Constitution was not made for a day, nor is it composed of such flexible materials as to be war...
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Wounds turn into scars and scars make you tough.
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I'm not an artist. I set the camera up and tell my story.
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I'm surrounded by geniuses, which is really not good for my own personal self-esteem!
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If you like the outdoors, Colorado is a big adventure playground for adults: it's great for skii...
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I can never consent to being dictated to.
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I love to see a woman in high-heeled shoes. There's something about the curve of the feet up the...
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My own personal popularity can have no influence over me when the dictates of my best judgment and t...
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We direct the destinies of a mighty continent. Our resources are unlimited: our means unbounded. If ...
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We see bitcoin as potentially the greatest social network of all.
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We dealt with a lot of skepticism early on, when we first spoke about bitcoin.
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There's been many times when a producer will say, 'I don't think you want to say that.&#...
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I'm a fast foodie - like, a foodie, but with food courts. I'd love to go with all my friends...
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Am I going to complain about being typecast as smart? I don't think so.
AISHA TYLER
What am I wearing? Hmmm, I'd love to tell you something slinky and sexy, but usually it's an old T-s...
AISHA TYLER
I take the most wrenchingly painful moments of my life, brush them off and present them for the amus...
AISHA TYLER
Do you have any idea what it's like when you try and make home porn? My husband and I tried it. We l...
AISHA TYLER
My parents were vegetarians. I'd show up at school, this giant black kid, with none of the cool clot...
AISHA TYLER
[Anyone can do that, adds] Ghost Whisperer ... There's a part of every person that is entertained by...
AISHA TYLER
[Anyone can do that, said] Ghost Whisperer ... There's a part of every person that is entertained by...
AISHA TYLER
She's got that life where you're able to pick your husband and pick your baby time, so good for her.
AISHA TYLER
I don't believe in superheroes but I love Batman movies. There's a part of every person that is ente...
AISHA TYLER
You, too, could easily look like that if you had a squad of mad geeks fussing over you with retouchi...
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Oh, my God, this amazing cool breeze is coming through my window and the sun is shining. I'm hap...
LIV TYLER
People challenge my nerd cred all the time. I just show them the photo of me winning my middle-schoo...
AISHA TYLER
My dad, he was a construction worker. He was a butcher. He was a deep sea fisherman.
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I like candles. It helps cover up for the fact that I have four male roommates.
TYLER JOSEPH
If you look at everything I do - even in 'Boo!' there's a message, and it's always &...
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I discovered Boulder not through cycling but skiing. I was recruited by the university for the ski t...
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I mean, as long as it doesn't have a bra attached, guys can take a risk and wear stylish things ...
STEVEN TYLER
I've always wanted to work with Blair, and finally the timing was right. I have a tremendous amo...
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You can get a thousand no's from people, and only one "yes" from God.
TYLER PERRY
It doesn't matter if a million people tell you what you can't do, or if ten million tell you no. If ...
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The reason lightning doesn't strike twice in the same place is that the same place isn't there the s...
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Every life has a measure of sorrow, and sometimes this is what awakens us.
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People always call it luck when you've acted more sensibly than they have.
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So far as it depends on the course of this government, our relations of good will and friendship wil...
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I don't love the way I look. Nobody does, and if they do, I don't want to be that person'...
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Pleasure has ever more been represented by poets and by painters as clothed in perpetual smiles and ...
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Our wise men flattered us into the adoption of the banking system under the idea that boundless weal...
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In 2016, one of the things I really hope to do is discover new talent and help develop it. Take what...
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I think social media has amplified a lot of voices that maybe traditional media hasn't perfectly...
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I was in high school and I had an independent album out, and we kept sending that out, and I was doi...
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Back then it was nothing like today. So you'd go to the bowling alley. We bowled and you could b...
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Norman Lear is my all-time, ultimate hero. He's an amazing man. That's one person I'm lo...
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I think the thing I fear most in life is waking up one day and not feeling challenge - feeling ambiv...
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The promise of the Internet is being held back by Visa, Master Card, American Express.
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AISHA TYLER
Wealth can only be accumulated by the earnings of industry and the savings of frugality.
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I thought I was gonna be an attorney, so I went to Dartmouth and I was a government major and I mino...
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The sailor's life is at the best a life of danger. He pursues honor on the mountain wave and fin...
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Thank God for Botox.
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JOHN TYLER
A republican government can only be supported by virtue; and the end of all our legislation should b...
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I grew up with the smell of the lake and the feeling of the woods.
STEVEN TYLER
I do believe that God blessed me in life with a wonderful family, a successful career, and a loving ...
BONNIE TYLER
Success is not the absence of failure; it's the persistence through failure.
AISHA TYLER
Liberty and equality are captivating sounds, but they often captivate to destroy.
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Maybe life is random, but I doubt it.
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My mother was truly my saving grace, because she would take me to church with her. I would see my mo...
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I am charged with violating pledges which I never gave; and because I execute what I believe to be t...
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You know, it's about getting out there and having a good time. Not about worrying - all these yo...
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I'm black, and black don't crack. It does droop.
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Marriage isn't a carnival ride.
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Growing up, money is important. And now I have a career where I'm making enough money to live. B...
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TYLER PERRY
These 10 pieces will give her outfits she can mix and match. In fact, she can create 20 to 27 differ...
BARBARA TYLER
We want to keep the children safe. We are not there all the time, so we don't know everything that g...
BARBARA TYLER
We have been lucky, the only accidents that have been reported were minor. It has been typical accid...
BARBARA TYLER
To help insure the children's safety, we need the parents to make sure that the child has all his or...
BARBARA TYLER
We have a lot of great kids that come skate at the park. I know safety won't be a problem, but just ...
BARBARA TYLER
My family can always tell when I'm well into a novel because the meals get very crummy.
ANNE TYLER
II would advise any beginning writer to write the first drafts as if no one else will ever read them...
ANNE TYLER
I remember leaving the hospital - thinking, 'Wait, are they going to let me just walk off with him? ...
ANNE TYLER
She thinks the people she loves are better than they really are, and so then she starts changing thi...
ANNE TYLER
None of my own experiences ever finds its way into my work. However, the stages of my life -- mother...
ANNE TYLER
Ever consider what pets must think of us? I mean, here we come back from a grocery store with the mo...
ANNE TYLER
Ever consider what pets must think of us? I mean, here we come back from a grocery store with the m...
ANNE TYLER
I always think about the fact that PewDiePie, who has tens of millions of followers, started with ze...
TYLER OAKLEY
The idea of money being something physical is almost entirely a fiction. Sure, you can go to your AT...
TYLER WINKLEVOSS
Dartmouth is a small school with high-caliber teaching. Our classes were all taught by professors, n...
AISHA TYLER
A manufacturing nation is, in every sense of the word, dependent on others. Look to England! Cut off...
JOHN TYLER
I want to be Jacques Pepin. I want to have a nice 50-, 60-year career. I want to be on PBS when I...
TYLER FLORENCE
While armchair travelers dream of going places, traveling armchairs dream of staying put.
ANNE TYLER
I was raised by a single dad. Dad's idea of hanging out with your kid or day care was give her $...
AISHA TYLER
I've always loved video games. I played 'Ms. Pac-man' with my dad, and I Ioved 'Gala...
AISHA TYLER
Popularity, I have always thought, may aptly be compared to a coquette - the more you woo her, the m...
JOHN TYLER
When I graduated from college, I got a 9-to-5 traditional job doing social media for a company, and ...
TYLER OAKLEY
The tolling of yon dismal bell and the loud but solemn discharge of artillery hath announced to the ...
JOHN TYLER
There are times when we look back and think, 'Do you remember when we had to lug a piano downsta...
TYLER JOSEPH
Nothing is ever a barometer. Nothing is ever for sure except that this band has been around forever.
STEVEN TYLER
Macaroni and cheese was my mother's special dish. She'd also make jambalaya and dirty rice a...
TYLER PERRY
In elementary school, I loved the 'Bailey School Kids' series. It was about a group of class...
TYLER OAKLEY
I have a whole 'Halo' corner in my house. One time, when I went to Bungie, they gave me this...
AISHA TYLER
Some people would look at a backing track as something that would confine you, but it really frees u...
TYLER JOSEPH
I can never tell ahead of time which book will give me trouble - some balk every step of the way, ot...
ANNE TYLER
We may have been born on third base, but we worked like we were starting from home plate. You know: ...
TYLER WINKLEVOSS
When the happy era shall arrive for the emancipation of nations, hastened on as it will be by the ex...
JOHN TYLER
I'd never really experienced the West before moving to Colorado. The East Coast, where I grew up...
TYLER HAMILTON
I can't say that there's been some big change during my career where all of a sudden everyth...
AISHA TYLER
Marriage is a mystery, and part of it is just being kind to each other, not being selfish.
AISHA TYLER
Let it be henceforth proclaimed to the world that man's conscience was created free; that he is ...
JOHN TYLER
Being misunderstood - that's the thing that scares me. Because my life is about oversharing.
TYLER OAKLEY
If you haven't forgiven someone, it does not hurt that person. They're sleeping at night. Yo...
TYLER PERRY