Classical Political Economy

Famous quotes containing the words classical, political and/or economy:

    Et in Arcadia ego.
    [I too am in Arcadia.]
    Anonymous, Anonymous.

    Tomb inscription, appearing in classical paintings by Guercino and Poussin, among others. The words probably mean that even the most ideal earthly lives are mortal. Arcadia, a mountainous region in the central Peloponnese, Greece, was the rustic abode of Pan, depicted in literature and art as a land of innocence and ease, and was the title of Sir Philip Sidney’s pastoral romance (1590)

    History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.
    Milton Friedman (b. 1912)

    The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.
    Ralph Waldo Emerson (1803–1882)