Share on Facebook Share on Twitter Comment on this quote Share via Email Print this Page [81-100] of 579 Economics quotesEconomics QuotesEconomics Previous 20 quotes Next 20 quotes Endless money forms the sinews of war.~ Marcus Tullius Cicero The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.~ Marcus Tullius Cicero The arrogance of officialdom should be tempered and controlled, and assistance to foreign hands should be curtailed, lest Rome fall.~ Marcus Tullius Cicero The Latin American drug cartels have stretched their tentacles much deeper into our lives than most people believe. It’s possible they are calling the shots at all levels of government.~ William Colby He who will not economize will have to agonize.~ Confucius Government price-fixing once started, has alike no justice and no end. It is an economic folly from which this country has every right to be spared.~ Calvin Coolidge Nothing is easier than spending public money. It does not appear to belong to anybody. The temptation is overwhelming to bestow it on somebody.~ Calvin Coolidge When more and more people are thrown out of work, unemployment results.~ Calvin Coolidge The Great Depression was not caused by laissez faire but by the actions of well-intended politicians and bureaucrats. The Federal Reserve System, after all, was not created in response to the Great Depression, but in 1913. Soon thereafter it began experimenting with its awesome powers, expanding the money supply during the roaring ‘20s, propping up the pound sterling in London, extending credit so Europeans could buy American agricultural products. All the while, Congress was becoming more and more protectionist. When the Fed reversed policies in 1929 and actually shrunk the money supply by a third over the next three years and Congress culminated its protectionist tendencies with the Smoot-Hawley tariff, the collapse was underway. The fact that Hoover then raised taxes and Roosevelt kept wages artificially high guaranteed the massive unemployment that marked the 1930s. Government caused and exacerbated the Great Depression.~ Edward H. Crane We must not permit our respect for the dead or our sympathy for the living to lead us into an act of injustice to the balance of the living. I will not attempt to prove that Congress has no power to appropriate this money as an act of charity. Every member upon this floor knows it. We have the right as individuals to give away as much of our own money as we please in charity; but as members of congress we have no right to appropriate a dollar of the public money.~ Davy Crockett ...it was the calculated 'shearing' of the public by the World-Money powers triggered by the planned sudden shortage of call money in the New York Market.~ Curtis Dall I have never seen more senators express discontent with their jobs. ... I think the major cause is that, deep down in our hearts, we have been accomplices to doing something terrible and unforgivable to this wonderful country. Deep down in our hearts, we know that we have bankrupted America and that we have given our children a legacy of bankruptcy. ... We have defrauded our country to get ourselves elected.~ John C. Danforth So low and hopeless are the finances of the United States, that, the year before last Congress was obliged to borrow money even, to pay the interest of the principal which we had borrowed before. This wretched resource of turning interest into principal, is the most humiliating and disgraceful measure that a nation could take, and approximates with rapidity to absolute ruin: Yet it is the inevitable and certain consequence of such a system as the existing Confederation.~ William Richardson Davie Money is the sign of liberty. To curse money is to curse liberty -- to curse life, which is nothing, if it be not free.~ Remy de Gourmont A large number of people, certainly the majority of the political looter class, think the best way to deal with the rapidly deepening economic crisis is via 'stimulus packages' with money plucked off the magic money tree... which is to say, by trying to re-inflate the credit bubble that actually caused the crisis. This is a bit like treating alcoholics by urging them to buy more whiskey.~ Perry de Havilland Republics end through luxury; monarchies through poverty. [Fr., Les republiques finissent par le luxe; les monarchies, par la pauvrete.]~ Charles de Montesquieu The American Republic will endure, until politicians realize they can bribe the people with their own money.~ Alexis de Tocqueville Some of the same people who laugh at gypsy fortune tellers take economists seriously.~ William DeFoe It comes as news to most people to learn that practically all important ethical teachers -- Moses, Aristotle, Jesus, Mohammed, and Saint Thomas Aquinas, for instance -- have denounced lending at interest as usury and as morally wrong.~ Lawrence Dennis In 1983 $21 billion was spent in agricultural subsidies—almost equal to the net income of all American farmers.~ Patrick Detches Previous 20 quotes Next 20 quotes Share on Facebook Tweet Email Print