Economic Laws
- Law of supply and demand
- Gresham's law
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Famous quotes containing the words economic and/or laws:
“One set of messages of the society we live in is: Consume. Grow. Do what you want. Amuse yourselves. The very working of this economic system, which has bestowed these unprecedented liberties, most cherished in the form of physical mobility and material prosperity, depends on encouraging people to defy limits.”
—Susan Sontag (b. 1933)
“It is clear that in a monarchy, where he who commands the exceution of the laws generally thinks himself above them, there is less need of virtue than in a popular government, where the person entrusted with the execution of the laws is sensible of his being subject to their direction.”
—Charles Louis de Secondat Montesquieu (1689–1755)