economics

A Quote by e.f schumacher on community, economics, sustainability, and appropriate technology

What is the meaning of democracy, freedom, human dignity, standard of living, self-realisation, fulfillment? Is it a matter of goods, or of people? Of course it is a matter of people. But people can be themselves only in small comprehensible groups. Therefore we must learn to think in terms of an articulated structure that can cope with the multiplicity of small-scale units. If economic thinking cannot grasp this it is useless. If it cannot go beyond its vast abstractions, the national income, the rate of growth, capital/output ratio, input-output analysis, labour mobility, capital acuumulation; if it cannot get beyond all this and make contact with the human realities of poverty, frustration, alienation, despair, breakdown, crime, escapism, stress, congestion, ugliness, and spiritual death, then let us scrap economics and start afresh.
Are there not indeed enough "signs of the times" to indicate that a new start is needed?

e.f schumacher

Source: Small is Beautiful

Contributed by: Spirit Forest

A Quote by George Washington on government, reason, force, politics, freedom, liberty, economics, and society

Government is not reason; it is not eloquence. It is force. Like fire, it is a dangerous servant and a fearful master.

George Washington (1732 - 1799)

Contributed by: 1Vector3

A Quote by Benjamine A. Rooge on politics, freedom, economics, society, liberty, and survival

Give me control over a man's economic actions, and hence over his means of survival, and except for a few occasional heroes, I'll promise to deliver to you men who think and write and behave as I want them to.

Benjamine Rooge

Contributed by: peter

A Quote by Frank Chodorov on society, economics, politics, interventionism, confiscation, welfare state, coercion, freedom, and liberty

The Welfare State is in fact an oligarchy of bureaucrats who, in return for the perquisites and prestige of office, undertake to confiscate and redistribute production according to formulae of their own imagination, with utter disregard of the principle that production must fall in the amount of the confiscation. It is interesting to note that all welfarism starts with a program of distribution — control of the market place with its price technique — and ends up with attempts to manage production; that is because, contrary to their expectations, the laws of economics are not suspended by their political interference, prices do not respond to their dicta, and in an effort to make their preconceived notions work they apply themselves to production, and there too they fail.

Frank Chodorov

Source: http://www.mises.org/books/society.pdf

Contributed by: peter

A Quote by Frank Chodorov on politics, society, economics, wealth, and coercion

Economics is not politics. One is a science, concerned with the immutable and constant laws of nature that determine the production and distribution of wealth; the other is the art of ruling.

Frank Chodorov

Source: http://www.mises.org/books/society.pdf

Contributed by: peter

A Quote by Murray Rothbard on economics, society, opinion, and ignorance

It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.

Murray Rothbard

Contributed by: peter

A Quote by Ludwig von Mises on money, wealth, liberty, freedom, and economics

It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.

Ludwig von Mises

Source: The Theory of Money and Credit, p. 454.

Contributed by: peter

A Quote by Ludwig von Mises on economy, economics, and human action

Economics is not about goods and services; it is about human choice and action.

Ludwig von Mises

Source: Human Action: A Treatise on Economics (Scholars Edition), Pages: 491

Contributed by: peter

A Quote by Amitt on economy, economics, abundance, and god

God created everything in abundance, man invented economics of scarcity!

Amitt Parikh

Contributed by: Amitt

A Quote by Eric Butterworth on prosperity, consciousness, community, and economics

And even one life that bears witness to the truth of the prosperity law will quicken the consciousness of the whole community.

Eric Butterworth

Source: Spiritual Economics: The Principles and Process of True Prosperity

Contributed by: Nur

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