Quotes by Economists - Page 25

It is better to enlighten men’s minds than to teach them to be obstinate in their prejudices.
Pierre-Joseph Proudhon
Perhaps more surprising, even the rich in developing countries also lag. For example, in Indonesia, the richest quintile has scores around 450--less than the 500 for the poorest quintile in Korea or the same as the poorest quintile in UK. So in poor countries, the richest are still getting a mediocre education, and the poor cannot be said to be getting any education at all.
Lant Pritchett
If the teachers and the parents do not believe that the child can cross the hump and get into the steep part of the S—curve, they may as well not try: The teacher ignores the children who have fallen behind and the parent stops taking interest in their education. But this behavior creates a poverty trap even where none exists in the first place.
Abhijit V. Banerjee
Parents are not alone in focusing their expectations on success at the graduation exam: The whole education system colludes with them. The curriculum and organization of schools often date back to a colonial past, when schools were meant to train a local elite to be the effective allies of the colonial state, and the goal was to maximize the distance between them and the rest of the populace.
Abhijit V. Banerjee and Esther Duflo
Defining by a general law the expenditures on the...school....is a very different thing from appointing the state as educator of the people. Government and church should rather be equally excluded from any influence on the school.
Karl Marx
In our society, if someone wants to be a hairstylist or a kickboxer or a hunting guide -or a schoolteacher- he or she must be trained and licensed by a state agency. No such requirement is necessary for parenthood. Anyone with a set of reproductive organs is free to create a child, no questions asked, and raise them as they see fit, so long as there are no visible bruises- and then turn that child over to the school system so the teachers can work their magic. Maybe we are asking too much of the schools and too little of our parents and kids?.
Stephen D. Levitt Stephen J. Dubner
The biological equipment of a man rigidly restricts the field in which he can serve.
Ludwig von Mises
Without the continued existence of the democratic system and of publicly funded education and research, however, most current teachers and intellectuals would be unemployed or their income would fall to a small fraction of its present level. Instead of researching the syntax of Ebonics, the love life of mosquitoes, or the relationship between poverty and crime for $100 grand a year, they would research the science of potato growing or the technology of gas pump operation for $20 grand.
Hans-Hermann Hoppe
Morality in the general is well enough known by men, but the particular refinements of virtue are unknown by most persons; thus the majority of parents, without knowing it and without intending it, give very bad examples to their children.
Anne-Robert-Jacques Turgot
Respect is tendered with pleasure only where it is not exacted.
Anne-Robert-Jacques Turgot
When freedom prevails, the ingenuity and inventiveness of people creates incredible wealth. This is the source of the natural improvement of the human condition.
Brian S. Wesbury
It still remains unrecognised, that to bring a child into existence without a fair prospect of being able, not only to provide food for its body, but instruction and training for its mind, is a moral crime, both against the unfortunate offspring and against society; and that if the parent does not fulfil this obligation, the State ought to see it fulfilled, at the charge, as far as possible, of the parent.
John Stuart Mill
But a mountain of recent evidence suggests that teacher skill has less influence on a student's performance than a completely different set of factors: namely, how much kids have learned from their parents, how hard they work at home, and whether the parents have instilled an appetite for education.
Steven D. Levitt
I am a machine condemned to devour books.
Karl Marx
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
John Maynard Keynes
The education of all children, from the moment that they can get along without a mother's care, shall be in state institutions.
Karl Marx
It is clearly absurd to limit the term 'education' to a person's formal schooling.
Murray N. Rothbard
The minute you start talking about what you’re going to do if you lose, you have lost.
George P. Shultz
It is wise to keep in mind that neither success nor failure is ever final.
Roger W. Babson
Believing that there is a conflict between rationality and spirituality is like believing that there is a conflict between knowledge and inspiration.
Jakub Bożydar Wiśniewski
An epistemic methodology that sees the pursuit of knowledge as entirely congruent with the search for power is a great deal more cunning than wise. It can needlessly undermine the value of knowledge in satisfying curiosity and interest it significantly weakens one of the profound characteristics of human beings.
Amartya Sen
Man does not know most of the rules on which he acts and even what we call his intelligence is largely a system of rules which operate on him but which he does not know.
Friedrich A. Hayek
What is ominous is the ease with which some people go from saying that they don't like something to saying that the government should forbid it. When you go down that road, don't expect freedom to survive very long.
Thomas Sowell
Experience cannot beat logic, and interpretations of observational evidence which are not in line with the laws of logical reasoning are no refutation of these but the sign of a muddled mind (or would one accept someone’s observational report that he had seen a bird that was red and non-red all over at the same time as a refutation of the law of contradiction rather than the pronouncement of an idiot?).
Hans-Hermann Hoppe
How much does it cost to treat leprosy? One $3 dose of antibiotic will cure a mild case; a $20 regimen of three antibiotics will cure a more severe case. The World Health Organization even provides the drugs free,but India‘s health care infrastructure is not good enough to identify the afflicted and get them themedicine they need.So, more than 100,000 people in India are horribly disfigured by a disease that costs $3 to cure.That is what it means to have a per capita GDP of $2,900.
Charles Wheelan
Failure to find the truth is perhaps an intellectual defeat, but failure to look for the truth is an intellectual surrender.
Jakub Bożydar Wiśniewski
The intellect, like all cultural values, has created an aristocracy based on the possession of rational culture and independent of all personal ethical qualities of man. The aristocracy of intellect is hence an unbrotherly aristocracy.
Max Weber
One of the greatest pieces of economic wisdom is to know what you do not know.
John Kenneth Galbraith
Foresight of phenomenon and power over them depend on knowledge of their sequences, and not upon any notion we may have formed respecting their origin or inmost nature.
John Stuart Mill
The dilemma is this. In the modern world knowledge has been growing so fast and so enormously, in almost every field, that the probabilities are immensely against anybody, no matter how innately clever, being able to make a contribution in any one field unless he devotes all his time to it for years. If he tries to be the Rounded Universal Man, like Leonardo da Vinci, or to take all knowledge for his province, like Francis Bacon, he is most likely to become a mere dilettante and dabbler. But if he becomes too specialized, he is apt to become narrow and lopsided, ignorant on every subject but his own, and perhaps dull and sterile even on that because he lacks perspective and vision and has missed the cross-fertilization of ideas that can come from knowing something of other subjects.
Henry Hazlitt
The language of intrinsic human rights represented a significant advance beyond the previous language of world religions in terms of its universal applicability and its thiswordliness.
Immanuel Wallerstein
Criticism has plucked the imaginary flowers on the chain not in order that man shall continue to bear that chain without fantasy or consolation, but so that he shall throw off the chain and pluck the living flower.
Karl Marx
Christ represents originally: 1) men before God; 2) God for men; 3) men to man.Similarly, money represents originally, in accordance with the idea of money: 1) private property for private property; 2) society for private property; 3) private property for society.But Christ is alienated God and alienated man. God has value only insofar as he represents Christ, and man has value only insofar as he represents Christ. It is the same with money.
Karl Marx
The basic idea underlying religion is to create an atmosphere for the spiritual development of the individual.
B.R. Ambedkar
The Hindus criticise the Mahomedans for having spread their religion by the use of the sword. They also ridicule Christianity on the score of the Inquisition. But really speaking, who is better and more worthy of our respect—the Mahomedans and Christians who attempted to thrust down the throats of unwilling persons what they regarded as necessary for their salvation, or the Hindu who would not spread the light, who would endeavour to keep others in darkness, who would not consent to share his intellectual and social inheritance with those who are ready and willing to make it a part of their own make-up? I have no hesitation in saying that if the Mahomedan has been cruel, the Hindu has been mean; and meanness is worse than cruelty.
B.R. Ambedkar
religion is for man and not man for religion
B.R. Ambedkar
Though, I was born a Hindu, I solemnly assure you that I will not die as a Hindu
B.R. Ambedkar
In the Hindu religion, one can[not] have freedom of speech. A Hindu must surrender his freedom of speech. He must act according to the Vedas. If the Vedas do not support the actions, instructions must be sought from the Smritis, and if the Smritis fail to provide any such instructions, he must follow in the footsteps of the great men. He is not supposed to reason. Hence, so long as you are in the Hindu religion, you cannot expect to have freedom of thought
B.R. Ambedkar
Where you are is merely a point along the path to where you are going.
Tony Cleaver
None of this excuses anyone from mastering the basic ideas and terminology of economics. The intelligent layman must expect also to encounter good economists who are difficult writers even though some of the best have been very good writers. He should know, moreover, that at least for a few great men ambiguity of expression has been a positive asset. But with these exceptions he may safely conclude that what is wholly mysterious in economics is not likely to be important.
John Kenneth Galbraith
Good writing, and this is especially important in a subject such as economics, must also involve the reader in the matter at hand. It is not enough to explain. The images that are in the mind of the writer must be made to reappear in the mind of the reader, and it is the absence of this ability that causes much economic writing to be condemned, quite properly, as abstract.
John Kenneth Galbraith
Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit.
Ludwig von Mises
The writing of solid, instructive stuff fortified by facts and figures is easy enough. There is no trouble in writing a scientific treatise on the folk-lore of Central China, or a statistical enquiry into the declining population of Prince Edward Island. But to write something out of one's own mind, worth reading for its own sake, is an arduous contrivance only to be achieved in fortunate moments, few and far in between. Personally, I would sooner have written Alice in Wonderland than the whole Encyclopedia Britannica.
Stephen Leacock
The reason why so few good books are written is that so few people who can write know anything.
Walter Bagehot
Localisation stands, at best, at the limits of practical possibility, but it has the decisive argument in its favour that there will be no alternative.
David Fleming
Laissez faire, laissez passer.
François Quesnay
Reproduction is more pleasurable than death.
Herman E. Daly
There is a great deal of ruin in a nation.
Adam Smith
The issue of false consciousness is a genuinely difficult problem that has no definite solution. We should not approve of an unequal and brutal society because surveys show that people are happy. But who has the right to tell those oppressed women or starving landless peasants that they shouldn’t be happy, if they think they are? Does anyone have the right to make those people feel miserable by telling them the ‘truth’? There are no easy answers to these questions, but they definitely tell us that we cannot rely on ‘subjective’ happiness surveys to decide how well people are doing.
Ha-Joon Chang
It turns out that what money buys has rapidly diminishing emotional returns ... As long as we're not destitute, happiness depends less on getting what we want than appreciating what we already have.
Robert B. Reich
Money does not buy you happiness, but lack of money certainly buys you misery.
Daniel Kahneman
Then the world will be for the common people, and the sounds of happiness will reach the deepest springs. Ah! Come! People of every land, how can you not be roused.
Karl Marx
The great source of both the misery and disorders of human life, seems to arise from over-rating the difference between one permanent situation and another. Avarice over-rates the difference between poverty and riches: ambition, that between a private and a public station: vain-glory, that between obscurity and extensive reputation. The person under the influence of any of those extravagant passions, is not only miserable in his actual situation, but is often disposed to disturb the peace of society, in order to arrive at that which he so foolishly admires. The slightest observation, however, might satisfy him, that, in all the ordinary situations of human life, a well-disposed mind may be equally calm, equally cheerful, and equally contented. Some of those situations may, no doubt, deserve to be preferred to others: but none of them can deserve to be pursued with that passionate ardour which drives us to violate the rules either of prudence or of justice; or to corrupt the future tranquillity of our minds, either by shame from the remembrance of our own folly, or by remorse from the horror of our own injustice.
Adam Smith
The object of this Essay is to assert one very simple principle, as entitled to govern absolutely the dealings of society with the individual in the way of compulsion and control, whether the means used be physical force in the form of legal penalties, or the moral coercion of public opinion. That principle is, that the sole end for which mankind are warranted, individually or collectively in interfering with the liberty of action of any of their number, is self-protection. That the only purpose for which power can be rightfully exercised over any member of a civilized community, against his will, is to prevent harm to others. His own good, either physical or moral, is not a sufficient warrant. He cannot rightfully be compelled to do or forbear because it will be better for him to do so, because it will make him happier, because, in the opinions of others, to do so would be wise, or even right. These are good reasons for remonstrating with him, or reasoning with him, or persuading him, or entreating him, but not for compelling him, or visiting him with any evil, in case he do otherwise. To justify that, the conduct from which it is desired to deter him must be calculated to produce evil to someone else. The only part of the conduct of any one, for which he is amenable to society, is that which concerns others. In the part which merely concerns himself, his independence is, of right, absolute. Over himself, over his own body and mind, the individual is sovereign.
John Stuart Mill
The foundation of irreligious criticism is: Man makes religion, religion does not make man. Religion is, indeed, the self-consciousness and self-esteem of man who has either not yet won through to himself, or has already lost himself again. But man is no abstract being squatting outside the world. Man is the world of man – state, society. This state and this society produce religion, which is an inverted consciousness of the world, because they are an inverted world...Religious suffering is, at one and the same time, the expression of real suffering and a protest against real suffering. Religion is the sigh of the oppressed creature, the heart of a heartless world, and the soul of soulless conditions. It is the opium of the people.The abolition of religion as the illusory happiness of the people is the demand for their real happiness. To call on them to give up their illusions about their condition is to call on them to give up a condition that requires illusions. The criticism of religion is, therefore, in embryo, the criticism of that vale of tears of which religion is the halo.Criticism has plucked the imaginary flowers on the chain not in order that man shall continue to bear that chain without fantasy or consolation, but so that he shall throw off the chain and pluck the living flower. The criticism of religion disillusions man, so that he will think, act, and fashion his reality like a man who has discarded his illusions and regained his senses, so that he will move around himself as his own true Sun. Religion is only the illusory Sun which revolves around man as long as he does not revolve around himself.
Karl Marx
Laissez faire laissez passer.
François Quesnay
bermimpilah setingginya. impian besar akan menghapus impian kecil..
Muzaf Ahmad
Hast du es schon gelesen?", fragte er.Er spielte auf das Buch an, das ich bei ihm gekauft hatte."Ja. Es war anders als ich es in Erinnerung hatte, aber nicht schlecht."Das Buch war ein Kalssiker und ich hatte es als Kind mehrfach verschlungen."So ist das mit verlorenen Dingen", meinte Jacob und bot mir ein Glas grünen Tee an.
Anne Krüger
You can coddle your rage, or you can fully engage.
Tony Cleaver
To create a new business that makes money, and more significantly, employs others, and more significantly, gives a product to a customer that improves their life, is our greatest challenge, our greatest opportunity, and the greatest gift, far greater than any charity that we can give our fellow person.
Paul Zane Pilzer