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Paul A. Samuelson [Responding to the question: What is the most important economic problem to be faced by the United States in the next twenty years?]
Paul A. Samuelson [describing cost-push inflation]
Ferris Bueller's Day Off Economics Teacher In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the... Anyone Anyone... the Great Depression, passed the... Anyone Anyone The tariff bill The Hawley-Smoot Tariff Act Which, anyone Raised or lowered... raised tariffs, in an effort to collect more revenue for the federal government. Did it work Anyone Anyone know the effects It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is Class Anyone Anyone Anyone seen this before The Laffer Curve. Anyone know what this says It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980 Anyone Something-d-o-o economics. Voodoo economics.
Raymond F. DeVoe, Jr. Economics is war pursued by other means.
John Kenneth Galbraith In economics, the majority is always wrong.
Luther H. Hodges If ignorance paid dividends, most Americans could make a fortune out of what they don't know about economics.
John Fitzgerald Kennedy Geography has made us neighbors. History has made us friends. Economics has made us partners, and necessity has made us allies. Those whom God has so joined together, let no man put asunder. (To Canadian Parliament)
... Clinton Economics: If 1+2=3 then 4+5=6.
Mathematics has given economics rigor, but alas, also mortis.
Economics is extremely useful as a form of employment for economists.
"Modern economics" is founded on 200 year-old bankrupt assumptions.
"Economics is a form of brain damage." - David Suzuki

 

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