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Category Archives: Economists

“The only people who accept slavery are the Negroes, owing to their low degree of humanity and proximity to the animal stage”. –Ibn Khaldun

“Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest”. –Joseph Schumpeter

“The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else”. –Frédéric Bastiat

“Man is the interpreter of nature, science the right interpretation”. –William Whewell

“I detest life-insurance agents: they always argue that I shall some day die, which is not so”. –Stephen Leacock

“It is possible for a dictator to govern in a liberal way. And it is also possible for a democracy to govern with a total lack of liberalism. Personally, I prefer a liberal dictator to a democratic government lacking liberalism”. –Friedrich von Hayek

“Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man”. –Ludwig von Mises

“The best way to predict the future is to create it”. –Peter Drucker

“A man who has nothing for which he is willing to fight, nothing which is more important than his own personal safety, is a miserable creature and has no chance of being free unless made and kept so by the exertions of better men than himself”. –John Stuart Mill

“Do not seek death. Death will find you. But seek the road which makes death a fulfillment”. –Dag Hammarskjöld

“That some are poorer than others, ever was and ever will be: And that many are naturally querulous and envious, is an Evil as old as the World”. –William Petty

“The power of population is indefinitely greater than the power in the earth to produce subsistence for man”. –Thomas Malthus

“Everything must justify its existence before the judgement of Reason, or give up existence”. –Friedrich Engels

“Money, says the proverb, makes money. When you have a little, it is often easier to get more. The great difficulty is to get that little”. –Adam Smith

“Tin-pot dictators have ravaged Asia, Latin America, and Africa. In the aftermath, they have done more to promote communism than the works of Marx and Engels, Lenin, and Mao. They are the worst tyrants of the post-colonial period. They have destroyed time-honored institutions and treated their people like animals”. –Zulfikar Ali Bhutto

“Democracy is the road to socialism”. –Karl Marx

“Long run is a misleading guide to current affairs. In the long run, we are all dead”. –John Maynard Keynes