Economic Analogy Quotes

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.

The studio system reminds me of the stock market.

Money is the representative of a certain quantity of corn or other commodity. It is so much warmth, so much bread.

You know, out-of-touch liberals like Barack Obama say they want a strong economy, but in everything they do, they show they don't like business very much. But the economy, of course, is simply the product of all the businesses of the nation added together. So it's a bit like saying you like an omelet, but you don't like eggs.

My title is intended to suggest that the community of scientists is organized in a way which resembles certain features of a body politic and works according to economic principles similar to those by which the production of material goods is regulated.

For as long as I can remember the slogan has been ... the federal government ought to behave more like families, because families balance their budgets. It turns out that families looked around and said, "You know what? Let's behave more like the government!"

[on the theory of the firm] It is exactly analogous to the analysis of the reactions of a consumer by means of indifferent curves. Indeed, a consumer is merely a 'firm' whose product is 'utility.'

Those who analogize the federal budget to a family's budget must know nothing about either.

Beauty' is a currency system like the gold standard.

Major labels just lost their way. It's like the housing bubble. They lost a sense of the fundamentals.

If you hear an expert talking about the Internet and saying it [does] this, or it will do that, you should treat it with the same skepticism that you might treat the comments of an economist about the economy or a weatherman about the weather.