84 Economy Quotes For Inspiration

In a fast-paced world dominated by changing markets and financial intricacies, the importance of understanding and drawing inspiration from economic principles cannot be overstated. Economies are the backbone of societies, influencing everything from individual aspirations to global trends. To navigate this complex landscape, we often turn to the wisdom of thought leaders, renowned economists, and influential figures who have distilled their experiences into concise, powerful reflections. This curated collection of the top 84 economy quotes brings together these enlightening perspectives, offering you the inspiration to think critically and creatively about the economic forces that shape our world. Whether you're a student, a professional, or simply someone eager to expand your knowledge, these quotes promise to spark your curiosity and broaden your understanding.

1. “Don't tell me what you value, show me your budget, and I'll tell you what you value.” - Joe Biden

2. “It’s a recession when your neighbor loses his job; it’s a depression when you lose your own.” - Harry S. Truman

3. “You can’t tax business. Business doesn’t pay taxes. It collects taxes.” - Ronald Reagan

4. “[W]enn der Austausch [Handel] nicht in Liebe und freundlicher Gerechtigkeit stattfindet, wird er bloß einige zur Gier und andere zum Hunger führen.” - Khalil Gibran

5. “[V]orrangiges Ziel [der Unternehmen] ist nicht in erster Linie Effizienz, sondern Kontrolle.” - Sascha Lobo

6. “The power to tax is the power to destroy.” - John Marshall

7. “For the last hundred years the big organizational question has been whether any given task was best taken on by the state, directing the effort in a planned way, or by businesses competing in a market.” - Clay Shirky

8. “She planted that terror of debt so deeply in her children that even now, in a changed economic pattern where indebtedness is a part of living, I become restless when a bill is two days overdue. Olive never accepted the time-payment plan when it became popular. A thing bought on time was a thing you did not own and for which you were in debt. She saved for things she wanted, and this meant that the neighbours had new gadgets as much as two years before we did.” - John Steinbeck

9. “Economy and environment are the same thing. That is the rule of nature.” - Mollie Beattie

10. “You know what's truly weird about any financial crisis? We made it up. Currency, money, finance, they're all social inventions. When the sun comes up in the morning it's shining on the same physical landscape, all the atoms are in place.” - Bruce Sterling

11. “To begin with, I turn back time. I reverse it to that quaint period, the thirties, when the huge middle class of America was matriculating in a school for the blind. Their eyes had failed them, or they had failed their eyes, and so they were having their fingers pressed forcibly down on the fiery Braille alphabet of a dissolving economy.” - Tennessee Williams

12. “Hinter der Kritik am müßigen Leben und der Rechtfertigung unablässigen Geschäftigseins stehen Auffassungen, die nicht länger ausgesprochen werden müssen, so offenkundig erscheinen sie: dass jedermann auf Erden der einen oder anderen Nation angehören und innerhalb der einen oder anderen Volkswirtschaft tätig sein müsse; dass diese Volkswirtschaften miteinander im Wettbewerb stehen.” - J.M. Coetzee

13. “Konkurrenz ist eine Sublimierung von Krieg.” - J.M. Coetzee

14. “Für wahre Marktgläubige macht es keinen Sinn, wenn du sagst, dass es dir kein Vergnügen macht, dich in einen Wettbewerb mit deinen Mitmenschen zu begeben, und dass du dich lieber zurückziehen möchtest. Du kannst dich ja zurückziehen, wenn du möchtest, sagen sie, aber deine Konkurrenten werden es ganz gewiss nicht tun. Sobald du deine Waffen niederlegst, wirst du abgeschlachtet. Wir sind unausweichlich gefangen in einem Krieg aller gegen alle.” - J.M. Coetzee

15. “For most Americans, economic growth is a spectator sport.” - Paul Krugman

16. “Right now, the economy is a whole lot like a fairly good-looking brain-dead chick in a persistent vegetative coma. You can't really wake her up, but there's things she's still good for.” - Cintra Wilson

17. “Whomsoever controls the volume of money in any country is absolute master of all industry and commerce and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.” - James Garfield

18. “The re-establishment of an ecological balance depends on the ability of society to counteract the progressive materialization of values. The ecological balance cannot be re-established unless we recognize again that only persons have ends and only persons can work towards them.” - Ivan Illich

19. “The angry men know that this golden age (of fossil fuels) has gone; but they cannot find the words for the constraints they hate. Clutching their copies of Atlas Shrugged, they flail around, accusing those who would impede them of communism, fascism, religiosity, misanthropy, but knowing at heart that these restrictions are driven by something far more repulsive to the unrestrained man: the decencies we owe to other human beings.” - George Monbiot

20. “How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?” - John Maynard Keynes

21. “In a society in which nearly everybody is dominated by somebody else's mind or by a disembodied mind, it becomes increasingly difficult to learn the truth about the activities of governments and corporations, about the quality or value of products, or about the health of one's own place and economy.In such a society, also, our private economies will depend less and less upon the private ownership of real, usable property, and more and more upon property that is institutional and abstract, beyond individual control, such as money, insurance policies, certificates of deposit, stocks, and shares. And as our private economies become more abstract, the mutual, free helps and pleasures of family and community life will be supplanted by a kind of displaced or placeless citizenship and by commerce with impersonal and self-interested suppliers...Thus, although we are not slaves in name, and cannot be carried to market and sold as somebody else's legal chattels, we are free only within narrow limits. For all our talk about liberation and personal autonomy, there are few choices that we are free to make. What would be the point, for example, if a majority of our people decided to be self-employed?The great enemy of freedom is the alignment of political power with wealth. This alignment destroys the commonwealth - that is, the natural wealth of localities and the local economies of household, neighborhood, and community - and so destroys democracy, of which the commonwealth is the foundation and practical means.” - Wendell Berry

22. “If we apply our minds directly and competently to the needs of the earth, then we will have begun to make fundamental and necessary changes in our minds. We will begin to understand and to mistrust and to change our wasteful economy, which markets not just the produce of the earth, but also the earth's ability to produce. We will see that beauty and utility are alike dependent upon the health of the world. But we will also see through the fads and the fashions of protest. We will see that war and oppression and pollution are not separate issues, but are aspects of the same issue. Amid the outcries for the liberation of this group or that, we will know that no person is free except in the freedom of other persons, and that man's only real freedom is to know and faithfully occupy his place - a much humbler place than we have been taught to think - in the order of creation.(pg.89, "Think Little")” - Wendell Berry

23. “Thrift is poetic because it is creative; waste is unpoetic because it is waste.” - G.K. Chesterton

24. “Know something? I'd lay even odds that between the people following us and the people hunting us, we've become this city's principle means of employment. Tal Verrar's entire economy is now based on fucking with us.” - Scott Lynch

25. “People have a hard time accepting free-market economics for the same reason they have a hard time accepting evolution: it is counterintuitive. Life looks intelligently designed, so our natural inclination is to infer that there must be an intelligent designer--a God. Similarly, the economy looks designed, so our natural inclination is to infer that we need a designer--a government. In fact, emergence and complexity theory explains how the principles of self-organization and emergence cause complex systems to arise from simple systems without a top-down designer.” - Michael Shermer

26. “For the sake of “job creation,” in Kentucky, and in other backward states, we have lavished public money on corporations that come in and stay only so long as they can exploit people here more cheaply than elsewhere. The general purpose of the present economy is to exploit, not to foster or conserve. (from 'Compromise, Hell!' published in the November/December 2004 issue of ORION magazine)” - Wendell Berry

27. “In 2001, the oil companies, the war contractors and the Neo-Con-Artists seized the economy and added $4 trillion of unproductive spending to the national debt. We now pay four times more for defence, three times more for gasoline and home-heating oil and twice what we payed for health-care. Millions of Americans have lost their jobs, their homes, their health-care, their pensions; trillions of dollars for an unnecessary war payed for with borrowed money. Tens of billions of dollars in cash and weapons disappeared into thin air at the cost of the lives of our troops and innocent Iraqis, while all the President's oil men are maneuvering on Iraq's oil. Borrowed money to bomb bridges in Iraq, Afghanistan and Pakistan. No money to rebuild bridges in America. Borrowed money to start a hot war with Iran, now we have another cold war with Russia and the American economy has become a game of Russian roulette.” - Dennis Kucinich

28. “Marriage, in what is evidently its most popular version, is now on the one hand an intimate 'relationship' involving (ideally) two successful careerists in the same bed, and on the other hand a sort of private political system in which rights and interests must be constantly asserted and defended. Marriage, in other words, has now taken the form of divorce: a prolonged and impassioned negotiation as to how things shall be divided. During their understandably temporary association, the 'married' couple will typically consume a large quantity of merchandise and a large portion of each other.The modern household is the place where the consumptive couple do their consuming. Nothing productive is done there. Such work as is done there is done at the expense of the resident couple or family, and to the profit of suppliers of energy and household technology. For entertainment, the inmates consume television or purchase other consumable diversion elsewhere.There are, however, still some married couples who understand themselves as belonging to their marriage, to each other, and to their children. What they have they have in common, and so, to them, helping each other does not seem merely to damage their ability to compete against each other. To them, 'mine' is not so powerful or necessary a pronoun as 'ours.'This sort of marriage usually has at its heart a household that is to some extent productive. The couple, that is, makes around itself a household economy that involves the work of both wife and husband, that gives them a measure of economic independence and self-employment, a measure of freedom, as well as a common ground and a common satisfaction. (From "Feminism, the Body, and the Machine")” - Wendell Berry

29. “A mental disease has swept the planet: banalization. Everyone is hypnotized by production and comfort -- sewage system, elevator, bathroom, washing machine. This state of affairs, which arose out of a struggle against poverty, overshoots its ultimate goal -- the liberation of humanity from material cares -- and becomes an obsessive image hanging over the present. Between love and a garbage disposal, young people of all countries have made their choice and prefer the garbage disposal. A complete and sudden change of spirit has become essential, by bringing to light forgotten desires and creating entirely new ones. And by an intensive propaganda in favor of these desires.Gilles Ivain (aka Ivan Chtcheglov)” - Tom McDonough

30. “God was never created the economy.Men found it after banished from Eden.” - Toba Beta

31. “In economy, invisible hand is a set of wealthy men.It's the puppeteer who's in charge behind the curtain.” - Toba Beta

32. “Our economy is based on spending billions to persuade people that happiness is buying things, and then insisting that the only way to have a viable economy is to make things for people to buy so they’ll have jobs and get enough money to buy things.” - Philip Slater

33. “Science blasphemed when tries to eliminate scarcity in economy.” - Toba Beta

34. “Cheap booze is a false economy.” - Christopher Hitchens

35. “The aspirations of democracy are based on the notion of an informed citizenry, capable of making wise decisions. The choices we are asked to make become increasingly complex. They require the longer-term thinking and greater tolerance for ambiguity that science fosters. The new economy is predicated on a continuous pipeline of scientific and technological innovation. It can not exist without workers and consumers who are mathematically and scientifically literate. ” - Ann Druyan

36. “THE CORRECTION, when it finally came, was not an overnight bursting of a bubble but a much more gentle letdown, a year-long leakage of value from key financial markets, a contraction too gradual to generate headlines and too predictable to seriously hurt anybody but fools and the working poor.” - Jonathan Franzen

37. “Price ain't merely about numbers. It's a satisfying sacrifice.” - Toba Beta

38. “It was the American middle class. No one's house cost more than two or three year's salary, and I doubt the spread in annual wages (except for the osteopath) exceeded more than five thousand dollars. And other than the doctor (who made house calls), the store managers, the minister, the salesman, and the banker, everyone belonged to a union. That meant they worked a forty-hour week, had the entire weekend off (plus two to four weeks' paid vacation in the summer), comprehensive medical benefits, and job security. In return for all that, the country became the most productive in the world and in our little neighborhood it meant your furnace was always working, your kids could be dropped off at the neighbors without notice, you could run next door anytime to borrow a half-dozen eggs, and the doors to all the homes were never locked -- because who would need to steal anything if they already had all that they needed?” - Michael Francis Moore

39. “In rural and struggling Lexington, Virginia, Lee's new postwar home, one writer joked darkly dollars were so scarce that they had to be introduced to one another when they met on Main Street.” - Charles Bracelen Flood

40. “World needs a new order of modern economy.” - Toba Beta

41. “...lo económico por necesidad toma lugar en el tiempo, es decir, es temporal. Dicho de otro modo, los hechos o datos o acontecimientos que el economísta utiliza para sus fines ocurren todos en el tiempo, en el tiempo histórico. No hay, en efecto, diferencias de naturaleza entre el carácter temporal de un evento que sucedió hace veinticuatro horas y uno que sucedió hace dos siglos. Ambos son perfectamente fait accompli. Queda, desde luego, la actitud que suele provocar -en no pocos- el tiempo más contemporáneo, de discutir los hechos y sus consecuencias como si no estuvieran ya consumados, y sólo porque se tiene información acerca de las opciones que estaban abiertas y que no se adoptaron.” - Asdrubal Baptista

42. “You don't pay back your parents. You can't. The debt you owe them gets collected by your children, who hand it down in turn. It's a sort of entailment. Or if you don't have children of the body, it's left as a debt to your common humanity. Or to your God, if you possess or are possessed by one.The family economy evades calculation in the gross planetary product. It's the only deal I know where, when you give more than you get, you aren't bankrupted - but rather, vastly enriched.” - Lois McMaster Bujold

43. “In the fashion industry, everything goes retro except the prices.” - Criss Jami

44. “One of the professors told me last week that he feels bad teaching with the way the economy is now. ‘What’s the point?’ he said. ‘Kids aren’t getting jobs.’ You never hear faculty talk that way. He did.” - Daniel Amory

45. “I don’t think I’ve ever referred to any girl I dated as my girlfriend. I think that would freak me out. Even the girl that I dated for two years in college I don’t think I ever referred to her as my girlfriend.”“How would you introduce her?” I asked.“I’m just going to say her name,” he said.” - Daniel Amory

46. “Trade protection accumulates upon a single point the good which it effects, while the evil inflicted is infused throughout the mass. The one strikes the eye at a first glance, while the other becomes perceptible only to close investigation.” - Frederic Bastiat

47. “You compare the nation to a parched piece of land and the tax to a life-giving rain. So be it. But you should also ask yourself where this rain comes from, and whether it is not precisely the tax that draws the moisture from the soil and dries it up. You should also ask yourself further whether the soil receives more of this precious water from the rain than it loses by the evaporation?” - Frederic Bastiat

48. “Men won't easily give up a system in which half the world's population works for next to nothing...[and recognizes that]precisely because that half works for so little, it may have no energy left to fight for anything else.” - Marilyn Waring

49. “A Man's management of his own purse speaks volumes about character” - Thomas Jefferson

50. “Emergencies have always been necessary to progress. It was darkness which produced the lamp. It was fog that produced the compass. It was hunger that drove us to exploration. And it took a depression to teach us the real value of a job.” - Victor Hugo

51. “La mala salud causa pobreza y la pobreza contribuye a empeorar la salud” - Jeffrey D. Sachs

52. “¿Qué decir de la gratitud que América Latina debe a la Coca-Cola, que cobra carísimas licencias industriales para proporcionarles una pasta que se disuelve en agua y se mezcla con azúcar y gas?” - Eduardo Galeano

53. “It might seem to you that living in the woods on a riverbank would remove you from the modern world. But not if the river is navigable, as ours is. On pretty weekends in the summer, this riverbank is the very verge of the modern world. It is a seat in the front row, you might say. On those weekends, the river is disquieted from morning to night by people resting from their work.This resting involves traveling at great speed, first on the road and then on the river. The people are in an emergency to relax. They long for the peace and quiet of the great outdoors. Their eyes are hungry for the scenes of nature. They go very fast in their boats. They stir the river like a spoon in a cup of coffee. They play their radios loud enough to hear above the noise of their motors. They look neither left nor right. They don't slow down for - or maybe even see - an old man in a rowboat raising his lines...I watch and I wonder and I think. I think of the old slavery, and of the way The Economy has now improved upon it. The new slavery has improved upon the old by giving the new slaves the illusion that they are free. The Economy does not take people's freedom by force, which would be against its principles, for it is very humane. It buys their freedom, pays for it, and then persuades its money back again with shoddy goods and the promise of freedom.” - Wendell Berry

54. “Putting food under lock and key was one of the great innovations of your culture. No other culture in history has ever put food under lock and key - and putting it there is the cornerstone of your economy.[...] Because if the food wasn't under lock and key, Julie, who would work?” - Daniel Quinn

55. “If you go to Singapore or Amsterdam or Seoul or Buenos Aires or Islamabad or Johannesburg or Tampa or Istanbul or Kyoto, you'll find that the people differ wildly in the way they dress, in their marriage customs, in the holidays they observe, in their religious rituals, and so on, but they all expect the food to be under lock and key. It's all owned, and if you want some, you'll have to buy it.” - Daniel Quinn

56. “Westereners often think that the East is one vast Buddhist temple, which is rather like thinking the West is one vast Carthusian monastery. If the [Western people who like Buddhism] were to visit the East, he'd certainly experience many new things, but he'd find first, that the food is under lock and key and second, that humans are considered to be a miserable, destructive, greedy lot, just as they are in the West.” - Daniel Quinn

57. “If you use a philosophy education well, you can get your foot in the door of any industry you please. Industries are like the blossoms on a tree while philosophy is the trunk - it holds the tree together, but it often goes unnoticed.” - Criss Jami

58. “Many historians regard him [Offa] as the most powerful Anglo-Saxon king before Alfred the Great. In the 780s he extended his power over most of Southern England. One of the most remarkable extantfrom King Offa's reign is a gold coin that is kept in the British Museum. On one side, it carries the inscription Offa Rex (Offa the King). But, turn it over and you are in for a surprise, for in badly copied Arabic are the words La Illaha Illa Allah ('There is no god but Allah alone'). This coin is a copy of an Abbasid dinarfrom the reign of Al-Mansur, dating to 773, and was most probably used by Anglo-Saxon traders. It would have been known even in Anglo-Saxon England that Islamic gold dinars were the most important coinage in the world at that time and Offa's coin looked enough like the original that it would have been readily accepted abroad.” - Jim Al-Khalili

59. “No matter how many toys we amass we leave them behind when we die, just as we leave a broken environment, an economy that only benefits the richest, and a legacy of empowering greed over goodness. It is now time to commit to following a new path.” - John Perkins

60. “Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rich as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.” - Ha-Joon Chang

61. “Congress shall make no law abridging the freedom of production and trade...” - Ayn Rand

62. “Cała nasza ekonomia opiera się na ludzkich słabostkach,na złych nawykach i lękach.Moda.Bary fast food.Elektroniczne gadżety.Erotyczne zabawki.Ośrodki dietetyczne.Ogłoszenia towarzyskie.Skrajne sekty religijne.Salony fryzjerskie.Kryzys wieku średniego u mężczyzn.Szał zakupów.Całe nasze życie zbudowane jest na wątpliwościach i braku satysfakcji.Pomyśl,co by się stało,gdyby ludzie byli naprawdę,szczerze szczęśliwi.Całkowicie zadowoleni ze swojego życia.Nastąpiłby kataklizm” - Will Ferguson

63. “Engineers do engineering, i.e. they build bridges. So engineering needs engineers. The economy does NOT need economists. Economists do not make economy, but they try it and that is why we have so much problems with some financial models.” - Steve Keen

64. “You know if the U.S. Government wanted to boost the economy there's a simple solution make Black Friday the refund date for your state and federal taxes” - Stanley Victor Paskavich

65. “We all too often have socialism for the rich and rugged free market capitalism for the poor.” - Martin Luther King Jr.

66. “E eu pergunto aos economistas políticos, aos moralistas, se já calcularam o número de indivíduos que é forçoso condenar à miséria, ao trabalho desproporcionado, à desmoralização, à infâmia, à ignorância crapulosa, à desgraça invencível, à penúria absoluta, para produzir um rico?” - Almeida Garrett

67. “In America, the glass is neither full nor empty. It is buy one, get one free.” - Ali Sheikh

68. “Nothing is illegal so long as you correct it before the SEC catches it.” - Ali Sheikh

69. “Without "the people," there is no country.” - John David

70. “To not say all that can be said is the secret of discipline and economy.” - Dejan Stojanovic

71. “The land of easy mathematics where he who works adds up and he who retires subtracts.” - Núria Añó

72. “The club is not a business. It's a populist democracy.” - Simon Kuper

73. “The real satanist is not quite so easily recognized as such” - Anton Szandor LA Vey

74. “When we replace a sense of service and gratitude with a sense of entitlement and expectation, we quickly see the demise of our relationships, society, and economy.” - Steve Maraboli

75. “The relationship between any two communities in the global economy is not unlike a marriage. As couples counselors advise, relationships falter when two partners are too interdependent. When any stress affecting one partner - the loss of a job, an illness, a bad-hair day - brings down the other, the couple suffers. A much healthier relationship is grounded in the relative strength of each partner, who each should have his or her own interests, hobbies, friends, and professional identity, so that when anything goes wrong, the couple can support one another from a position of strength. Our ability to love, like our ability to produce, must be grounded in our own security. And our economy, like our love, when it comes from a place of community, can grow without limit.” - Michael H. Shuman

76. “I don't know what's worse by number in America, the vacant houses standing, or the homeless people falling into them.” - Anthony Liccione

77. “I have come to understand that life is composed of a series of coincidences. How we react to these - how we exercise what some refer to as free will - is everything; the choices we make within the boundaries of the twists of fate determine who we are.” - John Perkins

78. “Momma, a welfare cheater. A criminal who couldn't stand to se her kids go hungry, or grow up in slumbs and end up mugging people in dar corners. I guess the system didn't want her to get off relief, the way it kept sending social workers around to be sure Momma wasn't trying to make things better.” - Dick Gregory

79. “Products produced cheaply create ugly work lives and ugly households and ugly communities. Profits produced quickly cannot purchase patience and care. Patience is beautiful. Restraint and care are beautiful. Peace is beautiful. A small, diversified organic farm is beautiful.” - Woody Tasch

80. “So you think money is the root of all evil? Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim you product by tears, or of looters, who can take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?” - Ayn Rand

81. “Fear is different;it remains;it causes prejudice.” - John-Talmage Mathis

82. “Is it really necessary to reward the CEO with several million dollars? Why isn’t it logical or common sense to pay the minimum-wage employee another quarter, give a quarterly fifty-dollar bonus, or even provide a two-hundred-dollar gas gift card?” - John-Talmage Mathis

83. “Self-preservation—this is your new focus. The only obligation of today is to preserve the breath of tomorrow. Then, once footing is regained, you can begin to fulfill debt obligations. Debt is hindsight.” - John-Talmage Mathis

84. “Electricity, shelter, and a safe place to sleep . . .trump the need to preserve your credit score, orpurchase a new gizmo.” - John-Talmage Mathis