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Who are the famous scholars in economics?
Famous sayings about economics

1. "When we do something right, no one will remember; When we do something wrong, no one will forget! "

-National Institute of Meteorology, Washington, USA

2. Our dinner is not from the kindness of butchers, brewers and bakers, but from their concern for their own interests.

-Adam Smith, The Wealth of Nations (1776)

3. Life begins with your own crying and ends with others' tears, and the middle process is happiness.

-western philosophers say so.

4. Since 152, only 85 institutions have survived in the world, of which 5 are universities. Universities rely on dreams and hope to survive-this is the history of universities.

-L·C· Beringer, President of Columbia University, USA

5. Politics is like riding a bicycle: bend down but look ahead, be silent but ride hard.

-Belgian Prime Minister Fu Sida

6. The urgent task of the government is not to do what people are already doing, no matter whether the result is better or worse; But to do things that have not been put into action for people so far.

-John Maynard Keynes: The End of Laissez-faire (1926)

7. It is difficult to keep calm on the surface of the sea, especially the balance of social values. It is determined by supply and demand: artificial or legal things often punish themselves in turn because of overproduction and bankruptcy of enterprises.

-Ralph Waldo Emerson (186)

8. The age of chivalry has passed, followed by the age of wise men, economists and computer experts.

-edmund burke

9. What is a person who doesn't know right from wrong? He knows the price of everything in the world, but he knows nothing about its value.

-Oscar Wilde

1. The business of Americans is to run enterprises.

-johncalvin coolidge

11. Cost records the attraction of competition.

—— Frank Knight, Risk, Uncertainty and Profit (1921)

12. If the production cost does not affect the supply, it will not affect the competitive price.

—— john stewart Mill

13. Monopolists, by constantly maintaining the shortage of market inventory ... sell their products at a price far higher than normal, thus increasing their remuneration in terms of wages and profits.

-Adam Smith: The Wealth of Nations

14. Risk and knowledge change in the opposite direction.

-Irving Fisher, Theory of Interest (193)

15. Market economy is the only natural, reasonable and prosperous economy, because it is the only one that can reflect the essence of life. The essence of life lies in its endless and mysterious diversity. Therefore, as far as the perfection and variability of life are concerned, the wisdom of any central figure cannot be covered and designed.

-Vikrav Ha Weier, Summer Meditation (1993)

16. A nation's spiritual outlook, civilization, social structure, and possible behavior patterns caused by policies are all recorded in its financial history. Those who know how to read the information contained in this history can clearly foresee the thunder that shocked the world here than anywhere else.

-joseph schumpete (1883-195)

17. Both theoretical and empirical studies have raised the question: To what extent can government regulation achieve the set goals, and it is for these goals that regulatory measures are promulgated.

—— Stephen Brenner and Paul Macavoy, Regulation and Deregulation (1987)

18. Growth for growth is the way for cancer cells to survive.

—— Edward Abbey

19. Equality and efficiency (conflict) are the social and economic issues that need to be weighed carefully, which have been bothering us in many social policy fields. We can't produce pies according to market efficiency and then divide them equally.

—— Arthur Okun (1975)

2. Benefits of international trade —— The factors of production are used more efficiently all over the world.

-john stewart Mueller

Praise a person with official documents, and criticize a person with telephone as much as possible.

-American industrial tycoon Jacob

21. To the National Assembly:

We are having an unbearable competition with our foreign rivals. This competitor has excellent conditions for producing light and can occupy our market at a very low price. This opponent is not others, but the sun. To this end, we ask for a law to close and block all windows, passages and gaps that can transmit light, so that it cannot damage our industry that benefits the country.

-signature: F. Bastiat, candle manufacturer

22. Before building a wall, I should ask clearly what is inside the wall and what is left outside it ...

-Robert Frost

23. When you can measure what you are talking about and express it with numbers, you really know something about it; And when you can't measure it and express it in numbers, your understanding is superficial and unsatisfactory. This kind of understanding may be the beginning of cognition, but it is hard to say that it has entered the scientific stage ideologically.

-Lord kelvin

24. Dear brutus, the mistake lies not in fate, but in ourselves.

-William Shakespeare, Julius Caesar

25. The prominent problems in the economy and society on which we live are that we cannot provide full employment and arbitrarily and unfairly distribute wealth and income.

—— J.M. Keynes, General Theory of Employment, Interest and Money (1936)

27. Historically, money has been bothering people like this: either a lot of money is unreliable or it is reliable but scarce, and either of them will occupy one place.

—— J·K·Galbraith, The Age of Uncertainty (1977)

28. The industrial revolution is a movement that has neither a beginning nor an end, and it is still playing.

-e.j. Hobsbawm, The Age of Revolution (1962)

29. I believe in materialism. I believe in everything that healthy materialism brings: delicious food, clean houses, dry shoes and socks, sewing equipment, drainage pipes, hot water supply, bathing toilets, electric lights, cars, good roads, bright neighborhoods, vacations far away from the city, novel ideas, fast horses, speculative conversations, cinemas, operas, symphonies, pop bands, and so on. I believe that everyone should enjoy all this. Those who have left the world before enjoying these things may be as elegant as saints and as rich as poets, but that is because they are already elegant and rich, not because they are deprived of these material comforts.

-Francis Hackett

3. Be kind to people on your way to town, because you may meet them on your way home.

-Wilson Mizner

31. It is said that Lenin once asserted that the most effective way to destroy the capitalist system is to destroy its currency. By constantly resorting to inflation, the government can secretly confiscate most of its citizens' wealth.

-J.M. Keynes (1883-1946)

32. Trade is the natural enemy of all violent desires. It encourages people to be independent and fully aware of their own importance, guides people to manage their own affairs and teaches them how to succeed. Therefore, what trade encourages people to follow is freedom rather than revolution.

-Tocqueville, On American Democracy (184)

33. The task of stabilizing the economy requires us to control the economy so that it will not deviate too far from the road of sustained high employment. Too high employment rate will lead to inflation, while too low will mean recession. Flexible and prudent fiscal and monetary policies can help us cross a "narrow channel" between these two roads.

-President John F. Kennedy (1962)

34. Productivity is not everything, but in the long run it means almost everything.

-paul krugman (199)

35. The original sin of capitalism is that when it is blessed, it is not necessarily enjoyed by everyone; The innate virtue of socialism is that everyone must be together when in trouble.

-W. Churchill

36. The ideas of economists and political philosophers, whether right or wrong, are far more powerful than most people know. The world is rarely ruled by others. People who are actually responsible are usually slaves of some dead economists, although they think they are not influenced by intellectuals.

-J.M. Keynes

37. Few things in life have eternal value, and the Nobel Prize is such an example.

—— p Samuelson

38. In his speech at the Great Hall of the People in Beijing on April 27, 1984, President Reagan of the United States said: "It is not the most tightly organized society or the society with the richest natural resources that has achieved the greatest progress in the shortest time, but the people are allowed to create, compete and build freely; A society in which people are allowed to think freely, make economic decisions freely, and earn profits from taking risks. The United States is convinced that the reward system is an important key; The establishment of a free market by free people can promote development that benefits everyone. "

-President R. Reagan's speech

39. When it comes to economic development, I just want to explain and explain the pattern problems of different countries and their different stages in terms of per capita income level and growth rate. This definition may be too narrow, but when considering income patterns, we will consider many other aspects of society. Therefore, I think we should limit economic development to this definition until it leads us to a clearer meaning of economic development.

-R.Lucas (1998)

4. We should never lose sight of the ultimate goal of economic development, that is, people-oriented, improving their living conditions and expanding their choice ... If economic growth (measured by per capita income) and human development (reflected by people's life span, culture or success such as self-esteem) are not easy to measure. But these two expressions are not very related.

—— P. Streeten, 1994)

41. The usual way to enhance our wealth and treasure is through international trade. There, we must always observe the rule that from the perspective of trade amount, the amount of goods we sell to strangers every year is greater than the amount we buy from them.

-Thomas Man, in 1664

42. Both of them can make shoes and hats, and one of them is superior to the other in every industry. However, in the production of hats, he can only surpass his competitors by 1/5 or 2%, while in the production of shoes, he wins by 1/3 or 33%. For the benefit of both sides, why not let this person with advantage specialize in shoes and another person with disadvantage specialize in hats?

-David Ricardo, 1817

43. The recent development of international trade research makes it difficult for us to deal with all kinds of theoretical problems with traditional numerical examples. The following indifference curve can be used to explain the problems related to analysis relatively simply and conveniently.

—— Wassily W.Leontief, 1933

44. Australia has abundant agricultural land supply, but it is sparsely populated. Compared with most other countries, its land price is low, but its salary is expensive; Therefore, those products that need a lot of land input and less labor input can be produced at low prices.

-Bertil Ohllin, 1933

45. In order to facilitate analysis and reasoning, many conditions are assumed to be given in classical theory, but in my opinion, if we want to understand the role and reasons of international trade, these conditions are the main problems that need to be studied and clarified. Therefore, we should not ignore the importance of these conditions in the analysis of international trade relations.

——John H.Williams,1929

46. Most students studying international trade have long suspected at least privately that the traditional comparative advantage model can't explain the behavior of world trade ... It is difficult for us to match the actual situation we see in the trade of manufactured goods with the situation assumed by the standard trade theory.

-Paul Krugman, 1983

47. In terms of political appeal, it is second only to the argument that tariffs can increase employment. The popular view is that the living standards of American workers must be protected to avoid devastating competition from foreign cheap labor. Outside the United States, it is also popular to copy the argument that European industries cannot compete with the technologically advanced American production system.

—— Wolfgang F. Stolper and Paul A. Samuelson, 1941

48. Free enterprises made this country, but free trade will destroy it. For five years, I have been calling for a 2% tariff on all imports. We should take such action immediately, otherwise our industrial base will be eroded and weakened to such an extent that even if there is a war, we will not be able to produce anything to protect ourselves. Our people will be homeless because we are exporting job opportunities and importing benefits from foreigners.

——June M.Collier,President,National