Socialism/economics

Famous quotes containing the words socialism and/or economics:

    There’s no such thing as socialism pure
    Except as an abstraction of the mind.
    There’s only democratic socialism,
    Monarchic socialism, oligarchic
    The last being what they seem to have in Russia.
    Robert Frost (1874–1963)

    The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
    James Thurber (1894–1961)