“Priceless is economic illusion.Costless is an economical trick.”
“There is nothing as dangerous as an economist who only knows economics except the moral philosopher who knows no economics.”
“The plague did not lead to Europe’s economic collapse. Rather, Europe’s currency-driven economic collapse led to the plague.”
“Economic development is something much wider and deeper than economics, let alone econometrics. Its roots lie outside the economic sphere, in education, organisation, discipline and, beyond that, in political independence and a national consciousness of self-reliance.”
“The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.”
“Most of the people in the world are poor, so if we knew the economics of being poor we would know much of the economics that really matters.”