Economic literature

Explore 72 quotes from the following genre: Economic literature

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 interest.

Adam Smith

The Wealth of Nations

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Topic

Self-interest Free market Capitalism

Author

Adam Smith

Source

The Wealth of Nations

Genre

Economic literature

Language

English

Time

1776 1770s 18th century

Authentication Score 2

Original Citation

Smith, Adam. The Wealth of Nations. Vol. 1, London: W. Strahan and T. Cadell, 1776, bk. 1, ch. 2.

Current Citation

Smith, Adam. The Wealth of Nations, edited by Edwin Cannan. The Modern Library, bk. 1, ch. 2.

The proletarians have nothing to lose but their chains.

Karl Marx

The Communist Manifesto

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Topic

Revolution Class conflict Oppression Politics

Author

Karl Marx

Source

The Communist Manifesto

Medium

Pamphlet

Genre

Political literature Economic literature

Language

German

Time

1848 1840s 19th century

Authentication Score 2

Original Citation

Marx, Karl and Friedrich Engels [published anonymously]. Manifest der kommunistischen Partei [Manifesto of the Communist Party]. London: Gedruckt in der Office der Bildungs-Gesellschaft für Arbeiter, 1848.

Current Citation

Marx, Karl and Friedrich Engels. The Communist Manifesto, translated by Samuel Moore and Friedrich Engels. Penguin Classics, 2002.

The history of all hitherto existing society is the history of class struggles.

Karl Marx

The Communist Manifesto

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Topic

Class conflict Oppression History

Author

Karl Marx

Source

The Communist Manifesto

Medium

Pamphlet

Genre

Political literature Economic literature

Language

German

Time

1848 1840s 19th century

Authentication Score 2

Original Citation

Marx, Karl and Friedrich Engels [published anonymously]. Manifest der kommunistischen Partei [Manifesto of the Communist Party]. London: Gedruckt in der Office der Bildungs-Gesellschaft für Arbeiter, 1848.

Current Citation

Marx, Karl and Friedrich Engels. The Communist Manifesto, translated by Samuel Moore and Friedrich Engels. Penguin Classics, 2002.

From each according to his abilities, to each according to his needs!

Karl Marx

Read Critique of the Gotha Programme at marxists.org

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Topic

Redistribution of wealth Socialism Communism Political theory Politics

Author

Karl Marx

Source

Critique of the Gotha Programme

Genre

Political literature Economic literature

Statement Type

Precepts and axioms

Language

German

Time

1883 1880s 19th century

Authentication Score 2

Original Citation

Marx, Karl. Kritik des Gothaer Programms [Critique of the Gotha Programme]. Berlin: Friedrich Engels, 1891, pt. 1.

Current Citation

Marx, Karl. Critique of the Gotha Program, translated by Kevin B. Anderson. PM Press, 2022, pt. 1.

The ruling ideas of each age have ever been the ideas of its ruling class.

Karl Marx

The Communist Manifesto

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Topic

Ruling class Class conflict History of ideas Ideas

Author

Karl Marx

Source

The Communist Manifesto

Medium

Pamphlet

Genre

Political literature Economic literature

Language

German

Time

1848 1840s 19th century

Authentication Score 2

Original Citation

Marx, Karl and Friedrich Engels [published anonymously]. Manifest der kommunistischen Partei [Manifesto of the Communist Party]. London: Gedruckt in der Office der Bildungs-Gesellschaft für Arbeiter, 1848.

Current Citation

Marx, Karl and Friedrich Engels. The Communist Manifesto, translated by Samuel Moore and Friedrich Engels. Penguin Classics, 2002.

A spectre is haunting Europe—the spectre of Communism.

Karl Marx

The Communist Manifesto

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Topic

Communism

Author

Karl Marx

Source

The Communist Manifesto

Medium

Pamphlet

Genre

Political literature Economic literature

Language

German

Time

1848 1840s 19th century

Authentication Score 2

Original Citation

Marx, Karl and Friedrich Engels [published anonymously]. Manifest der kommunistischen Partei [Manifesto of the Communist Party]. London: Gedruckt in der Office der Bildungs-Gesellschaft für Arbeiter, 1848.

Current Citation

Marx, Karl and Friedrich Engels. The Communist Manifesto, translated by Samuel Moore and Friedrich Engels. Penguin Classics, 2002.

Man naturally desires, not only to be loved, but to be lovely; or to be that thing which is the natural and proper object of love.

Adam Smith

The Theory of Moral Sentiments

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Topic

Human needs Character

Author

Adam Smith

Source

The Theory of Moral Sentiments

Genre

Economic literature Philosophical literature

Language

English

Time

1759 1750s 18th century

Era

Age of Enlightenment

Authentication Score 2

Original Citation

Smith, Adam. The Theory of Moral Sentiments. London: Andrew Millar/Edinburgh: Alexander Kincaid and J. Bell, 1759, pt. 3, ch. 2.

Current Citation

Smith, Adam. The Theory of Moral Sentiments, edited by Ryan Patrick Hanley. Penguin Books, 2009, pt. 3, ch. 2.

Every individual necessarily labours to render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it... he intends only his own security... and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.

Adam Smith

The Wealth of Nations

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Topic

Invisible hand Self-interest Unintended consequences

Author

Adam Smith

Source

The Wealth of Nations

Genre

Economic literature

Language

English

Time

1776 1770s 18th century

Authentication Score 2

Original Citation

Smith, Adam. The Wealth of Nations. Vol. 2, London: W. Strahan and T. Cadell 1776, bk. 4, ch. 2.

Current Citation

Smith, Adam. The Wealth of Nations, edited by Edwin Cannan. The Modern Library, 2000, bk. 4, ch. 2.

But this long run is a misleading guide to current affairs. In the long run we are all dead.

John Maynard Keynes

Read A Tract on Monetary Reform at Project Gutenberg

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Topic

The future The long run Economic theory Economics Death

Author

John Maynard Keynes

Source

A Tract on Monetary Reform

Genre

Economic literature

Language

English

Time

1924 1920s 20th century

Authentication Score 0

Original Citation

Keynes, John Maynard. A Tract on Monetary Reform. MacMillan and Co., 1924, p. 80.

Current Citation

Keynes, John Maynard. "A Tract on Monetary Reform (1923)." The Essential Keynes, edited by Robert Skidelsky. Penguin, 2016.

With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches; which, in their eye is never so complete as when they appear to possess those decisive marks of opulence which nobody can possess but themselves.

Adam Smith

The Wealth of Nations

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Topic

The rich Display of wealth Status games

Author

Adam Smith

Source

The Wealth of Nations

Genre

Economic literature

Language

English

Time

1776 1770s 18th century

Authentication Score 2

Original Citation

Smith, Adam. The Wealth of Nations. Vol. 1, London: W. Strahan and T. Cadell, 1776, bk. 1, ch. 11, pt. 2.

Current Citation

Smith, Adam. The Wealth of Nations, edited by Edwin Cannan. The Modern Library, bk. 1, ch. 11, pt. 2.

In order to gain and to hold the esteem of men it is not sufficient merely to possess wealth or power. The wealth or power must be put in evidence, for esteem is awarded only on evidence.

Thorstein Veblen

The Theory of the Leisure Class

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Topic

Status games Consumerism

Author

Thorstein Veblen

Source

The Theory of the Leisure Class

Genre

Sociology Economic literature

Language

English

Time

1899 1890s 19th century

Authentication Score 3

Original Citation

Veblen, Thorstein. The Theory of the Leisure Class: An Economic Study in the Evolution of Institutions. Macmillan, 1899, ch. 3.

Current Citation

Veblen, Thorstein. The Theory of the Leisure Class, edited by Martha Banta. Oxford University Press, 2009, ch. 3.

The opening up of new markets, foreign or domestic, and the organizational development from the craft shop and factory to such concerns as U.S. Steel illustrate the same process of industrial mutation...That incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one. This process of Creative Destruction is the essential fact about capitalism.

Joseph Schumpeter

Capitalism, Socialism, and Democracy

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Topic

Capitalism

Author

Joseph Schumpeter

Source

Capitalism, Socialism, and Democracy

Genre

Economic literature Historical literature

Language

English

Time

1942 1940s 20th century

Authentication Score 3

Citation

Schumpeter, Joseph Alois. Capitalism, Socialism, and Democracy. Harper & Brothers, 1942, pt. 2, ch. 7.

All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.

John Kenneth Galbraith

More information about this quote

Topic

Political leadership Leadership

Author

John Kenneth Galbraith

Source

The Age of Uncertainty

Genre

Economic literature

Language

English

Time

1977 1970s 20th century

Authentication Score 3

Citation

Galbraith, John Kenneth. The Age of Uncertainty. Houghton Mifflin Harcourt, 1977, ch. 12.

In proportion as the antagonism between classes within the nation vanishes, the hostility of one nation to another will come to an end.

Karl Marx

The Communist Manifesto

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Topic

Class conflict End of war Political theory

Author

Karl Marx

Source

The Communist Manifesto

Medium

Pamphlet

Genre

Political literature Economic literature

Statement Type

Prophecies and predictions

Language

German

Time

1848 1840s 19th century

Authentication Score 2

Original Citation

Marx, Karl and Friedrich Engels. Manifest der Kommunistischen Partei [Manifesto of the Communist Party]. London, 1848, pt. 2.

Current Citation

Marx, Karl and Friedrich Engels. The Communist Manifesto, translated by Samuel Moore and edited by Gareth Stedman Jones. Penguin Classics, 2015, pt. 2.

It will be convenient to have a name for the ideas which are esteemed at any time for their acceptability, and it should be a term that emphasizes this predictability. I shall refer to these ideas henceforth as the conventional wisdom.

John Kenneth Galbraith

The Affluent Society

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Topic

Majority opinions Conformity Intellectual history

Author

John Kenneth Galbraith

Source

The Affluent Society

Genre

Sociology Economic literature

Language

English

Time

1958 1950s 20th century

Authentication Score 3

Citation

Galbraith, John Kenneth. The Affluent Society. Houghton Mifflin, 1958, ch. 2, sect. 1.

The theory of the Communists may be summed up in the single sentence: Abolition of private property.

Karl Marx

The Communist Manifesto

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Topic

Property rights Communism Political theory Politics

Author

Karl Marx

Source

The Communist Manifesto

Medium

Pamphlet

Genre

Political literature Economic literature

Language

German

Time

1848 1840s 19th century

Authentication Score 2

Original Citation

Marx, Karl and Friedrich Engels [published anonymously]. Manifest der kommunistischen Partei [Manifesto of the Communist Party]. London: Gedruckt in der Office der Bildungs-Gesellschaft für Arbeiter, 1848.

Current Citation

Marx, Karl and Friedrich Engels. The Communist Manifesto, translated by Samuel Moore and Friedrich Engels. Penguin Classics, 2002.

There is no art which one government sooner learns of another, than that of draining money from the pockets of the people.

Adam Smith

The Wealth of Nations

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Topic

Taxes Government

Author

Adam Smith

Source

The Wealth of Nations

Genre

Economic literature

Language

English

Time

1776 1770s 18th century

Authentication Score 2

Original Citation

Smith, Adam. The Wealth of Nations. Vol. 2, London: W. Strahan and T. Cadell, 1776, bk. 5, ch. 2, appendix.

Current Citation

Smith, Adam. The Wealth of Nations, edited by Edwin Cannan. The Modern Library, bk. 5, ch. 2, appendix.

Science is the great antidote to the poison of enthusiasm and superstition.

Adam Smith

The Wealth of Nations

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Topic

Science and religion Science

Author

Adam Smith

Source

The Wealth of Nations

Genre

Economic literature

Language

English

Time

1776 1770s 18th century

Era

Age of Enlightenment

Authentication Score 2

Original Citation

Smith, Adam. The Wealth of Nations. Vol. 2, London: W. Strahan and T. Cadell, 1776, bk. 5, ch. 1, pt. 2, art. 3.

Current Citation

Smith, Adam. The Wealth of Nations, edited by Edwin Cannan. The Modern Library, 2000, bk. 5, ch. 1, pt. 2, art. 3.

All that is solid melts into air, all that is holy is profaned, and man is at last compelled to face with sober senses his real conditions of life, and his relations with his kind.

Karl Marx

The Communist Manifesto

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Topic

Life under capitalism Capitalism

Author

Karl Marx

Source

The Communist Manifesto

Medium

Pamphlet

Genre

Political literature Economic literature

Language

German

Time

1848 1840s 19th century

Authentication Score 2

Original Citation

Marx, Karl and Friedrich Engels [published anonymously]. Manifest der kommunistischen Partei [Manifesto of the Communist Party]. London: Gedruckt in der Office der Bildungs-Gesellschaft für Arbeiter, 1848.

Current Citation

Marx, Karl and Friedrich Engels. The Communist Manifesto, translated by Samuel Moore and Friedrich Engels. Penguin Classics, 2002.

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.

Adam Smith

The Wealth of Nations

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Topic

Price fixing Prices Antitrust Conspiracy Corruption

Author

Adam Smith

Source

The Wealth of Nations

Genre

Economic literature

Language

English

Time

1776 1770s 18th century

Era

Age of Enlightenment

Authentication Score 2

Original Citation

Smith, Adam. The Wealth of Nations. Vol. 1, London: W. Strahan and T. Cadell, 1776, bk. 1, ch. 10, pt. 2.

Current Citation

Smith, Adam. The Wealth of Nations, edited by Edwin Cannan. The Modern Library, bk. 1, ch. 10, pt. 2.