Economic Logic Quotes

Will the shutting out of foreign goods increase the total amount of wealth in this country? Can foreign nations grow rich at our expense by selling us goods under cost price? Can a people tax themselves into prosperity? Can a man stand in a bucket and lift himself up by the handle?

Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.

They realize that spending millions to save billions is just good business.

What's the logic of investing millions in agriculture if it will not pay off?

Economics is like the Dutch language - I'm told it makes sense, but I have my doubts.

Standing athwart ineffective, feel-good legislation shouting, 'Stop!' is seen as a betrayal of those struggling to get their footing on the lowest rung of the economic ladder. Yet raising the minimum wage hacks the lowest rungs off the ladder altogether. But economic logic doesn't wash with liberals who are intent on inflaming class warfare.

Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that... I’ve always though that under-populated countries in Africa are vastly UNDER-polluted, their air quality is probably vastly inefficiently low compared to Los Angeles or Mexico City.

I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to it.

Globally, we need to make sure that markets are open... If we see that there are restrictions on free trade, then simple economic logic will demonstrate that this is not beneficial.

A person looking after a frail former lover is not working and not contributing to economic growth. But if he or she stopped, the state would probably have to take over, thereby adding to growth. So, to increase growth, we should stop looking after our loved ones. Could anybody explain to a passing Martian how this makes sense?

What's immediately profitable is the only kind of logic that capitalism understands.

If a business is to be considered a continuous process, instead of a series of disjointed stop-and-go events, then the economic universe in which a business operates-and all the major events within it-must have rhyme, rhythm, or reason.

To say to a country that it shouldn't export its gas is like saying, 'Look, the only way we can defeat hunger is to put a padlock on the refrigerator.'

We have begun a throw away culture. This tendency is seen on the level of individuals and whole societies; and it is being promoted! In circumstances like these, solidarity, which is the treasure of the poor, is often considered counterproductive, opposed to the logic of finance and the economy. While the income of a minority is increasing exponentially, that of the majority is crumbling.

My personal belief is that because technology and economic logic has gotten so sophisticated, cruelties can be perpetrated now that would have been unimaginable two or three hundred years ago.

Art is often valuable precisely because it isn't a sensible way to make money.

If you go into a negotiating room and are like, 'Well I was on the same card as Conor McGregor, so maybe I should get a little bit more money,' they'll probably just look at you like, 'What? In what universe does that even make sense?' So I don't see how anyone could possibly think it's going to be a trickle-down effect.

With laissez-faire and price atomic, ecology's uneconomic, But with another kind of logic economy's unecologic.

I believe that in fact it would be economically reasonable and logical to reach a compromise [on oil production], I am sure that everybody understands this.