Economic Philosophy Quotes

To attempt to increase the wealth of any country, either by introducing or by detaining in it an unnecessary quantity of gold and silver, is as absurd as it would be to attempt to increase the good cheer of private families by obliging them to keep an unnecessary number of kitchen utensils. ~ Adam Smith

We can have traders, without them being traitors.

We can trade, without trading others.

We can trade our traits, and not our worst ones, with others.

We can trade our traitors for better traders, or they can become better traders themselves.

Let the market trade this way. ~ Justin K. McFarlane Beau

A society which is clamouring for choice, which is filled with many articulate groups, each urging its own brand of salvation, its own variety of economic philosophy, will give each new generation no peace until all have chosen or gone under, unable to bear the conditions of choice. ~ Margaret Mead

Poverty was nature surviving in society; that the limitedness of food and the unlimitedness of men had come to an issue just when the promise of boundless increase of wealth burst in upon us made the irony only the more bitter. ~ Karl Polanyi

Adam Smith was not the proponent of any one class. He was a slave to his system. His whole economic philosophy stemmed from his unquestioning faith in the ability of the market to guide the system to its point of highest return. The market-that wonderful social machine-would take care of society's needs if it was left alone. Don't try to do good, says Smith. Let good emerge as the by-product of selfishness. ~ Robert Heilbroner

You might be interested in his economic philosophy, Mr. Mason. He believed men attached too much importance to money as such. He believed a dollar represented a token of work performed, that men were given these tokens to hold until they needed the product of work performed by some other man, that anyone who tried to get a token without giving his best work in return was an economic counterfeiter. He felt that most of our depression troubles had been caused by a universal desire to get as many tokens as possible in return for as little work as possibly - that too many men were trying to get lost of tokens without doing any work. He said men should cease to think in terms of tokens and think, instead, only in terms of work performed as conscientiously as possible. ~ Erle Stanley Gardner

I can never look at these apparent contradictions between the great laws of nature without a feeling of physical uneasiness which amounts to suffering. Were mankind reduced to the necessity of choosing between two parties, one of whom injures his interest, and the other his conscience, we should have nothing to hope from the future. Happily, this is not the case; and to see Aristus regain his economical superiority, as well as his moral superiority, it is sufficient to understand this consoling maxim, which is no less true from having a paradoxical appearance, "To save is to spend. ~ Frederic Bastiat

This you may say of man - when theories change and crash, when schools, philosophies, when narrow dark alleys of thought, national, religious, economic, grow and disintegrate, man reaches, stumbles forward, painfully, mistakenly sometimes. Having stepped forward, he may slip back, but only half a step, never the full step back. ~ John Steinbeck

McCarthy generally, as an individual, was a liberal. He was, in economic philosophy and a lot of other things, extremeyl liberal. ~ Roy Cohn

The economic philosophy of black nationalism only means that our people need to be re-educated into the importance of controlling the economy of the community in which we live, which means that we won't have to constantly be involved in picketing and boycotting other people in other communities in order to get jobs. ~ Malcolm X

I don't want to transform America. I want to restore to America the economic values of freedom and opportunity and limited government that has made us the powerhouse of the world. ~ Mitt Romney

Knowledge is potential power, but wisdom is the readily available power of the mind. ~ Debasish Mridha

When you smile, it lights me up! ~ Avijeet Das

Happiness is a frame of mind. It is a state of thinking. It is an attitude, a headset, a mentality. Happiness is a disposition and demeanor. It is a mood and sensibility. It is a philosophy, a notion, a tone, an outlook and perspective. Happiness is all of these things, none of which exist separate from me. They cannot be extracted or stolen because they constitute my very being. Therefore, happiness must be the natural essence of me. ~ Richelle E. Goodrich

I've never been interested in philosophy, but some of Jung's ideas seem useful in helping people understand pictures and so forth. ~ Sigmar Polke

ideologues of every stripe, as well as folks with interests economic, political, or personal, can interpret data and statistics to suit their own purposes... ~ Peter Benchley

What is internal is hidden from us." The future is hidden from us. But does the astronomer think like this when he calculates an eclipse of the sun?

If I see someone writhing in pain with evident cause I do not think: all the same, his feelings are hidden from me. ~ Ludwig Wittgenstein

The map is not the territory. ~ Alfred Korzybski

Roughly 1 in 6 Americans have Irish blood. I'd say it's probably safe to assume that the average Irish-American who only comes out on St. Patrick's Day has no idea of the sort of economic powerhouse Ireland has become. ~ Scott McClellan

Yoga is a philosophy of discipline and meditation that transforms the spirit and makes the individual a better person in thought, action, knowledge and devotion. ~ Narendra Modi

I get a feeling of peace from a low so high, as I sit in my chair and watch life go by. ~ Kid Rock

Women most often have a difficult enemy and she is a woman and not a man. ~ Debasish Mridha

No one species shall make the life of the world its own.' ... That's one expression of the law. Here's another: 'The world was not made for any one species. ~ Daniel Quinn

The currency of a happy life is not money, but it is pure love. ~ Debasish Mridha

If conquest constitutes a natural right on the part of the few, the many have only to gather sufficient strength in order to acquire the natural right of reconquering what has been taken from them ~ Karl Marx

As a Roman philosopher, Cicero, said of him a few hundred years later, Socrates 'called philosophy down from the sky and established her in the towns and introduced her into homes and forced her to investigate life, ethics, good and evil. ~ Jostein Gaarder

During the period of the Renaissance, the English language changed very swiftly in keeping with rapid social, economic and political changes. However, writers in particular soon came to realise that the vocabulary of the English language did not always allow them to talk and write accurately about the new concepts, techniques and inventions which were emerging in Europe. At the same time a period of increasing exploration and trade across the whole world introduced new words, many of which had their origin in other languages. Historians of the language have suggested that between 1500 and 1650 around 12,000 new words were introduced into English. ~ Ronald Carter

Have high hopes for the future; take action and it will be a reality. ~ Debasish Mridha

Love is the universe. ~ Debasish Mridha

Be an educator, bloom like a flower, be a philosopher. ~ Debasish Mridha

In my heart's most secret place,
I pity them as angels do. ~ Sara Teasdale

If thinking in the sense of intellection were the same as judging, for example, it would not be possible to think without judgment. We would not be able to accept a judgment without thinking because sometimes by mere intuition we accept the truth of a judgment, which in turn means that we do infer without intellection. What all this means is that thought is a necessary step in the process of knowing although in every knowledge acquired by the mind it may not be used because the preliminary ground has already been prepared by previous intellections. In fact, this is true of all faculties of knowledge; each faculty is a necessary element for the process as a whole, but not necessarily needed in every knowledge-acquisition process. ~ Alparslan Acikgenc

In rock stardom there's an absolute economic upside to self-destruction. ~ Courtney Love

There is only one sign of life, it is to love and be beloved. ~ Debasish Mridha

To be a success, first dream, then visualize and then act. ~ Debasish Mridha

The feeling of inner detachment and isolation is not in itself an abnormal phenomenon but is normal in the sense that consciousness has withdrawn from the phenomenal world and got outside time and space.

You will find the clearest parallels in Indian philosophy, especially in Yoga.

In your case the feeling is reinforced by your psychological studies.

The assimilated unconscious apparently disappears in consciousness without trace, but it has the effect of detaching consciousness from its ties to the object.

I have described this development in my commentary on the Golden Flower. It is a sort of integration process and an anticipation of consciousness.

The cross is an indication of this, since it represents an integration of the 4 (functions).

It is perfectly understandable that, when consciousness detaches itself from the object, the feeling arises that one does not know where one stands.

Actually one is standing nowhere, because standing has a below and an above.

But there one has no below and above at all, because spatiality pertains to the world of the senses, and consciousness possesses spatiality only when it is in participation with that world.

It is a not-knowing, which has the same positive character as nirvana in the Buddhist definition, or the wu-wei, not-doing, of the Chinese, which does not mean doing nothing.

The profound doubt you seem to be suffering fr ~ C.G. Jung

Your power is in your thoughts not in your physical strength, ~ Debasish Mridha

Greatness of life depends not on what we do for ourselves, but on what we do for the betterment of humanity. ~ Debasish Mridha

Philosophy is explicitness, generality, orientation and assessment. That which one would insinuate, thereof one must speak. ~ Ernest Gellner

You spend your whole life looking for answers because you think the next answer will solve all your problems: make you a little less miserable, because when you run out of questions you don't just run out of answers ... you run out hope. ~ House

I talk to a lot of librarians, and there's always a steady drumbeat of how libraries are places of community. But a lot of them have also recently - and just in the nick of time - refurbished, because during this economic downturn, people have a tendency to borrow instead of buy. ~ Paula Poundstone

We are each given a life to show what we can achieve during our time here on Earth.
And we are each given a heart to show how we can be compassionate and kind during our time here on Earth.
We shouldn't waste either. ~ Anthony T. Hincks

Always give but never expect. Giving is happiness; disappointment is sadness. ~ Debasish Mridha

Advances in computer technology and the Internet have changed the way America works, learns, and communicates. The Internet has become an integral part of America's economic, political, and social life ~ William J. Clinton

The real potential of electricity lies not in providing social amenities but in stimulating long-term economic development ~ Christopher Flavin

Whether it is North Korea, Sierra Leone, or Zimbabwe, well show that poor countries are poor for the same reason that Egypt is poor. Countries such as Great Britain and the United States became rich because their citizens overthrew the elites who controlled power and created a society where political rights were much more broadly distributed, where the government was accountable and responsive to citizens, and where the great mass of people could take advantage of economic opportunities. ~ Daron Acemoglu

Creativity sparks originality which then manifests itself into what we call evolution. To depreciate imagination is to depreciate life. ~ Alecia Stone

Be simple enough to feel the true joy of life. ~ Debasish Mridha

Every day new souls kept springing up [within me] beside the host of old ones, making clamorous demands and creating confusion; and now I saw as clearly as in a picture what an illusion my former personality had been. The few capacities and pursuits in which I happened to be strong had occupied all my attention, and I had painted a picture of myself as a person who was in fact nothing more than a most refined and educated specialist in poetry, music and philosophy; and as such I had lived, leaving all the rest of me to be a chaos of potentialities, instincts and impulses which I found an encumbrance and gave the label of Steppenwolf. ~ Hermann Hesse

A genuinely caring heart always find kindness and happiness to share. ~ Debasish Mridha

The value of money has been settled by general consent to express our wants and our property, as letters were invented to express our ideas; and both these institutions, by giving a more active energy to the powers and passions of human nature, have contributed to multiply the objects they were designed to represent. ~ Edward Gibbon

There's more to logic than identifying logical fallacies. ~ Criss Jami

I won a Marshall scholarship to read philosophy at Oxford, and what I most wanted to do was strengthen public intellectual culture - I'd write books and essays to help us figure out who we wanted to be. ~ Reid Hoffman

The ultimate profit from all of my businesses is to be happy and to make all of the customers happy. ~ Debasish Mridha

[D]espite what our intuition tells us, changes in the world's population are not generally neutral. They are either a good thing or a bad thing. But it is uncertain even what form a correct theory of the value of population would take. In the area of population, we are radically uncertain. We do not know what value to set on changes in the world's population. If the population shrinks as a result of climate change, we do not know how to evaluate that change. Yet we have reason to think that changes in population may be one of the most morally significant effects of climate change. The small chance of catastrophe may be a major component in the expected value of harm caused by climate change, and the loss of population may be a major component of the badness of catastrophe.

How should we cope with this new, radical sort of uncertainty? Uncertainty was the subject of chapter 7. That chapter came up with a definitive answer: we should apply expected value theory. Is that not the right answer now? Sadly it is not, because our new sort of uncertainty is particularly intractable. In most cases of uncertainty about value, expected value theory simply cannot be applied.

When an event leads to uncertain results, expected value theory requires us first to assign a value to each of the possible results it may lead to. Then it requires us to calculate the weighted average value of the results, weighted by their probabilities. This gives us the event's expected value ~ John Broome

God loves only one philosophy,
And that is the Do-it-here-now philosophy. ~ Sri Chinmoy

It doesn't matter how smart you are unless you stop and think. ~ Thomas Sowell