The economic services that it can render are picayune compared to the moral effect that it produces, and its true function is to create in two or more persons a feeling of solidarity.

-Durkheim, EŁ  mile
  Of labour. The Division of Labor in Society (translated by George Simpson,1933).

The chief source of economic insecurity in America used to be growing old; now it's being born into or raised in a single-parent family.

-Ellwood, David T
  In the Washington Post, 22 Feb.

Aux colonies, l'infrastructure e¤  conomique est e¤  galement une superstructure. La cause est conse¤  quence: on est riche parce que blanc, on est blanc parce que riche. In the colonies the economic substructure is also a superstructure. The cause is the consequence; you are rich because you are white, you are white because you are rich.

-Fanon, Frantz Omar
Les Damne¤  s de la terre ( The Wretched of the Earth, translated by Constance Farrington,1965), ch.1,'Concerning Violence'.

It takes a certain brashness to attack the accepted economic legendsbut noneat all toperpetuatethem. So theyare perpetuated.

-Galbraith,John Kenneth
  The Liberal Hour.

It is the good fortune of the affluent country that the opportunity cost of economic discussion is low and hence it can afford all kinds.

-Galbraith,John Kenneth
Economics, Peace, and Laughter.

The economic status of women generally depends on that of men generally, and†the economic status of women individually depends upon that of men individually, those men to whom they are related.

-Gilman and Charlotte Perkins Stetson
  Women and Economics:  A Study of the Economic Relation between Men and Women as a Factor in Social Evolution, ch.1.

The labor of women inthehouse, certainly, enables men to produce more wealth than they otherwise could; and in this way [they] are economic factors in society. But so are horses.

-Gilman and Charlotte Perkins Stetson
  Women and Economics:  A Study of the Economic Relation between Men and Women as a Factor in Social Evolution, ch.1.

Whatever the economic value of the domestic industry of women is, they do not get it. The women who do the most work get the least money, and the women who have the most money do the least work.

-Gilman and Charlotte Perkins Stetson
  Women and Economics:  A Study of the Economic Relation between Men and Women as a Factor in Social Evolution, ch.1.

   The Internet has taken shape with startlingly little planning† The most universal and indispensable network on the planet somehow burgeoned without so muchasa boardofdirectors, never minda mergers-and- acquisitions department. There is a paradoxical lesson here for strategists. In economic terms, the great corporations are acting like socialist planners, while old- fashioned free-market capitalism blossoms at their feet.

-Gleick,James
  In the NewYork Times Magazine,1 May.

There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. 402

-Hicks, SirJohn Richard
  Causality in Economics.

  There are two problems in my life. The political ones are insoluble, and the economic ones are incomprehensible.

-Douglas-Home, Baron
  Speech,  Jan.

When I read economic documents,I have to have a box of matches and start moving them into position, to illustrate and simplify the points to myself.

-Douglas-Home, Baron
  The Making of the Prime Minister.

Lenin was right. There is no subtler, no surer means of overturning theexisting basisofsociety thanto debauch the currency. The process engages all the hidden forces ofeconomic lawontheside ofdestruction, and doesit in a manner which not one man in a million is able to diagnose.

-Keynes (of Tilton),John Maynard, 1st Baron
  The Economic Consequences of the Peace.

The fact of affluence is indisputable† Nevertheless, not manyof us feel that well off.The instinct forcontentment seemstohave withered even as oureconomic condition has radically improved.

-Krasna, Norman
  Two Cheers for Capitalism, ch.1.

If†Americans do not succeed in engineering an economic revival, we can look forward to being remembered as, of all the nations that have prospered and declined, the one that has done so in the highest state of self-awareness.

-Lardner,James
  'The Declining Middle', in the NewYorker, 3 May.

No tin hat brigade of goose-stepping vigilantes or bibblebabbling mob of blackguarding and corporation- paid scoundrels will prevent the onward march of labor, ordivert its purposetoplay itsnatural and rational part in the development of the economic, political, and social life of our nation.

-Lewis,John L(lewellyn)
   Address, 3 Sep. Recalled on his death11  Jun1969.

The real index of this country is the smiles of the people, not the economic index.

-Marcos, Imelda Romualdez
c.1985  Quoted in Sterling Seagrave The Marcos Dynasty.

It is impossible to understand the economic system in which we are living if we try to interpret it as a rational scheme.It has to be understood as an awkward phase in a continuing process of historical development.

-Robinson, Edwin Arlington
  Economics: an Awkward Corner.

The normal economic system works itself.

-Salter, Sir (James) Arthur, 1st Baron Salter
Christian  writer  from  Gaul.  His  surviving  works  include  nine epistles, Ad Ecclesiam and the unfinished De Gubernatione Dei. He   urged   that   all   estates   be   bequeathed   to   the   poor,   and denounced inherited wealth.

Commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement.Wall Street indexes predicted nine out of the last five recessions!

-Samuelson, Paul Anthony
  Quoted in The Samuelson Sampler (1973).