ADAM SMITH
“As soon as the land of any country has all become property, the landlords, like all other men.
Love to reap where they never sowed, and demand a rent even for its natural produce.”
“I have never known much good done by those who affected to trade for the public good.”
“There is no art wcich one government sooner learns of another than that of drawing money from the pockets of people.”
“No society can surely be flourishing and happy of which by far the greater part of numbers are poor and miserable.”
“Consumption is the sole end and purpose of all production, and the interest of the producer ought to be attended to, only as far as it may be necessary for promoting that of the consumer.”
“The real and effectual discipline which is excercised over å workman is that of his customer. It is fear of losing employment which restrains his frauds and correct his negligence.”
“Every man lives by exchanging.”
“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.”
“With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches.”
“All money is a matter of belief.”
DAVID RICARDO
“If a commodity where in no way useful, in other words, if it could in no way contribute to our human gratification, it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to produce it.”
“There can be no rise in the value of labour without a fall of profits.”
“A rise in wages of labour would not equally affect commodities produced with machinery quickly consumed and commodities with machinery slowly consumed.”
“The Ricardian Law of Comparative Advantages.”
ALFRED MARSHALL
«All labour is directed towards producing some affects.”
“Individual and national rights to wealth rest on the basis of civil and international law, or at least of custom that has the force of law.”
“The most valuable og all capital is that invested in human beings.”
“Political Economy or Economics is a study of mankind in the ordinary business of life.“
JOHN MAYNARD KEYNES
“The importance of money flows from it being a link between the present and the future.”
“When the capital development of a country becomes the by-product of the activities of a casino, a proper job is likely to be ill-done.”
“If you owe your bank a hundred pounds, you have a problem, but if you owe a million it has.”
“Markets can remain irrational longer than you can remain solvent.”
“The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.”
“The day is not far off when the economic problem will take the back-seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied by our real problems – the problem of life and of human relations, of creation and behavior and religion.”
CONFUCIUS
“If you think in terms of a year, plant a seed; if in terms of ten years, plant trees; if in terms of 100 years teach the people.”
“The strength of a nation derives from the integrity of the home.”
“In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of.”
ARISTOTLE
“Pleasure in the job put perfection in the work.”
“Poverty is the parent of revolution and crime.”
“Quality is not an act, it is a habit.”
MILTON FRIEDMAN
“Ther’s no such thing as a free lunch.”
“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.”
“History suggest that capitalism is a necessary condition for freedom. Clearly it is not a sufficient condition.”
“The government solution to a problem is usually as bad as the problem.”
“Hell has no fury like å bureaucrat scorned.”