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In brief, let us define the anarchist as a political individualist and an economic socialist. In contrast, the libertarian can be defined as an individualist, both politically and economically.
Robert LeFevre
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Capitalism might be defined, if we wish to be scientific, as a form of economic organization motivated by the pursuit of profit within a price structure.
Carroll Quigley
It would be especially tragic if the people who most cherish ideals of peace, who are most anxious for political cooperation on a wider than national scale, made the mistake of underestimating the pace of economic change in our modern world.
Lester B. Pearson
The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.
Ernest Hemingway
It has been shown that, in contrast to everything which classical national economy has hitherto taught, not the producer but the consumer is the ruling factor in economic life.
Hjalmar Schacht
Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference.
Paul Samuelson