Economist

Explore 87 quotes by Economists

The bourgeoisie has subjected the country to the rule of the towns. It has created enormous cities, has greatly increased the urban population as compared with the rural, and has thus rescued a considerable part of the population from the idiocy of rural life.

Karl Marx

The Communist Manifesto

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Topic

Urbanization Small town life Rural vs. urban Bourgeoisie

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.

In a nation distracted by faction, there are, no doubt, always a few, though commonly but a very few, who preserve their judgment untainted by the general contagion. They seldom amount to more than here and there a solitary individual, without any influence, excluded by his own candour from the confidence of either party, and who, though he may be one of the wisest, is necessarily upon that very account one of the most insignificant men in the society.

Adam Smith

The Theory of Moral Sentiments

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Topic

Political faction

Author

Adam Smith

Source

The Theory of Moral Sentiments

Genre

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, sect. 3, ch. 3.

Current Citation

Smith, Adam. The Theory of Moral Sentiments, edited by Ryan Patrick Hanley. Penguin, 2010, pt. 3, sect. 3, ch. 3.

Nothing contributes so much to the prosperity and happiness of a country as high profits.

David Ricardo

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Topic

Profits Prosperity Capitalism

Author

David Ricardo

Source

On Protection to Agriculture

Medium

Essay

Genre

Economic literature

Language

English

Time

1822 1820s 19th century

Authentication Score 3

Citation

Ricardo, David. On Protection to Agriculture. London: John Murray, 1822.

Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.

John Maynard Keynes

The Economic Consequences of the Peace

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Topic

Inflation Political theory Politics Economics

Author

John Maynard Keynes

Source

The Economic Consequences of the Peace

Genre

Economic literature

Language

English

Time

1919 1910s 20th century

Authentication Score 2

Original Citation

Keynes, John Maynard. The Economic Consequences of the Peace. Self-published, 1919, ch. 6.

Current Citation

Keynes, John Maynard. "The Economic Consequences of the Peace." The Essential Keynes, edited by Robert Skidelsky. Penguin, 2016, ch. 6.

One of the great mistakes is to judge policies and programs by their intentions rather than their results.

Milton Friedman

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Topic

Good intentions Public policy Politics

Speaker

Milton Friedman

Medium

Interview TV program

Language

English

Time

1975 1970s 20th century

Authentication Score 3

Citation

Friedman, Milton. "Living Within Our Means." Interviewed by Richard D. Heffner. The Open Mind, WPIX, Channel 11, 7 Dec. 1975.

Small is beautiful.

E.F. Schumacher

More information about this quote

Topic

Simplicity

Author

E.F. Schumacher

Source

The Radical Humanist

Medium

Essay

Language

English

Time

1973 1970s 20th century

Authentication Score 3

Citation

Schumacher, E. F. "Small is Beautiful." The Radical Humanist, Aug. 1973, vol. 37, no. 5.

Labour, like all other things which are purchased and sold, and which may be increased or diminished in quantity, has its natural and its market price. The natural price of labor is that price which is necessary to enable the laborers, one with another, to subsist and perpetuate their race, without either increase or diminution.

David Ricardo

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Topic

Workers Free market Supply and demand Capitalism

Author

David Ricardo

Source

On the Principles of Political Economy and Taxation

Genre

Economic literature

Language

English

Time

1817 1810s 19th century

Authentication Score 2

Original Citation

Ricardo, David. On Principles of Political Economy and Taxation. London: John Murray, 1817.

Current Citation

Ricardo, David. The Principles of Political Economy and Taxation. Dover Publications, 2004.