#om

One of the Great Rules of Economics According to John Green If you are rich, you have to be an idiot not to stay rich. And if you are poor, you have to be really smart to get rich. ↗

— John Green

#poor #rich #rules #economics

If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has. ↗

— John Maynard Keynes

#debt #economics #economics

When Alexander the Great visited the philosopher Diogenes and asked whether he could do anything for him, Diogenes is said to have replied: ‘Yes, stand a little less between me and the sun.’ It is what every citizen is entitled to ask of his government. ↗

— Henry Hazlitt

#productivity #economics

All power is the same. Magic. Physical strength. Economic strength. Political strength. It all serves a single purpose-it gives its possessor a broader spectrum of choices. It creates alternative courses of action. ↗

— Jim Butcher

#economics

An economic system which can only expand or expire must be false to all that is human. ↗

— Edward Abbey

#growth #economics

he who will not economize will have to agonize ↗

— Confucius

#ignorance #knowledge #suffering #wisdom #economics

Millions of our citizens do not now have a full measure of opportunity to achieve and to enjoy good health. Millions do not now have protection or security against the economic effects of sickness. And the time has now arrived for action to help them attain that opportunity and to help them get that protection. ↗

— Harry S. Truman

#politics #economics

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. ↗

— George Adam Smith

#conspiracy #contrivance #conversation #diversion #ends

Problems worthy of attacks, prove their worth by hitting back ↗

— Adam Smith

#economics

See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That's literally true. ↗

— Milton Friedman

#economics