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"The true law of economics is chance, and we learned people arbitrarily seize on a few moments and establish them as laws."

— Karl Marx
karl marx Quotes Economics

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Karl Marx
Economics

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The world economy is in a nosedive, and understanding what I call "depression economics" - the weird world you get into when even a zero interest rate isn't low enough, and a messed-up financial system is dragging down the real economy - is essential if we're going to avoid the worst.

— Paul Krugman

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It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their truths. It is often complained that demagogues can be more plausible in putting forward economic nonsense from the platform than the honest men who try to show what is wrong with it.

— Henry Hazlitt

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