5.23.2009

Fun with Economics


Not only am I nerdy enough to regularly read the econ blog "Marginal Revolution," but when a recent post asked for witty quotes the authors could put on the inside front cover of their new econ textbook, I paged through many of them to pick out the ones I found most apt:

"There are no solutions, there are only trade-offs." -- Thomas Sowell

“There's interesting stuff in the margins.” -- anonymous

“The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.” -- Milton Friedman

“We forget at our peril that markets make a good servant, a bad master and a worse religion.” -- Amory Lovins

"I bet you aren't reading this, because the copyright page is not part of your assigned reading for this week."

"[These] are my principles. If you don't like them I have others." -- Groucho Marx

“When you have to make a choice and don't make it, that is in itself a choice.” -- William James

"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest." -- Adam Smith
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