Quotes on Economics

Often the masses are plundered and do not know it.

It was never my intention to marry anybody. Economics are basically the only reason to get married, but I'm very glad I did it.

Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary.

The emphasis placed by more and more companies on corporate social responsibility, symbolises the recognition that prosperity is best achieved in an inclusive society.

Designers are inherently optimistic people who try to make the world a better place

Almost all systems of economic thought are premised on the idea of continued economic growth, which would be fine and dandy if we lived on an infinite planet, but there's this small, niggling, inconvenient fact that the planet is, in fact, finite, and that, unlike economic theory, it is governed by physical and biological reality

Never invest in a business you can't understand

We have to change our culture so you can create wealth from making things and don't just try to make money out of money

I think it is an immutable law in business that words are words, explanations are explanations, promises are promises, but only performance is reality

Finance that only talks to itself & deals with each other becomes socially useless

Leadership produces change. That is its primary function

A generation ago, the image was that you had to trample everyone else down to succeed; but I don't believe that makes good business sense.

We spend most of our lives working. So why do so few people have a good time doing it?

Businesses that grow by development and improvement do not die. But when a business ceases to be creative, when it believes it has reached perfection and needs to do nothing but produce no improvement, no development, it is done

As a manager the important thing is not what happens when you are there, but what happens when you are not there

A sound man is good at salvage, at seeing nothing is lost

Business is the force of change. Business is essential to solving the climate crisis, because this is what business is best at: innovating, changing, addressing risks, searching for opportunities. There is no more vital task

The best and most evolved technologies are those that do not destroy the very base on which we live

In the future, every industry should be an environmental industry. In a world where energy and carbon emissions are constrained, every business must take resource productivity seriously

Money must serve, not rule! The Pope loves everyone, rich and poor alike, but he is obliged in the name of Christ to remind all that the rich must help, respect and promote the poor. I exhort you to generous solidarity and a return of economics and finance to an ethical approach which favours human beings.

95 percent of economics is common sense made complicated, and even for the remaining 5 percent, the essential reasoning, if not all the technical details, can be explained in plain terms.