economics Quotes

One of the more difficult tasks for me as president was to decide on the issue of confirming capital punishment awarded by courts... to my surprise... almost all cases which were pending had a social and economic bias.

"The hardest thing to understand in the world is the income tax."

"The hardest thing in the world to understand is the income tax."

"The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of evil."

"Compound interest on debt was the banker's greatest invention, to capture, and enslave, a productive society."

"The most powerful force in the world is compound interest."

These capitalists generally act harmoniously and in concert to fleece the people; and now that they have got into a quarrel with themselves, we are called upon to appropriate the people's money to settle the quarrel.

Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.