Economic concepts quotes and sayings

1. "In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of knowledge." - Julian Simon

2. "The only function of economic forecasting is to make astrology look respectable." - John Kenneth Galbraith

3. "Economics is the art of making the most of life." - Gary Becker

4. "The study of economics does not seem to require any specialized gifts of an unusually high order. Is it not, intellectually regarded, a very easy subject compared with the higher branches of philosophy and pure science?" - Alfred Marshall

5. "Economics is extremely useful as a form of employment for economists." - John Kenneth Galbraith

6. "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." - Friedrich Hayek

7. "Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses." - Lionel Robbins

8. "The problem with socialism is that you eventually run out of other people's money." - Margaret Thatcher

9. "Economics is too important to be left to the economists." - Steve Keen

10. "The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it." - Thomas Sowell

Above is Economic concepts quotes and sayings.