Economic Quotes

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Science is not enough, religion is not enough, art is not enough, politics and economics are not enough, nor is love, nor is duty, nor is action however disinterested, nor, however sublime, is contemplation. Nothing short of everything, will really do.

It has been a long fight to put the control of our economic system in the hands of the government.

Eleanor Roosevelt

Modern life... changes no longer century by century, but year by year, ten times faster than it ever has before-populations doubling, civilizations unified more closely with other civilizations, economic interdependence, racial questions, and-we're dawdling along. My idea is that we've got to go very much faster.

F. Scott Fitzgerald

We must learn to do economic work from all who know how, no matter who they are. We must esteem them as teachers, learning from them respectfully and conscientiously. We must not pretend to know when we do not know.

Acceptance of the Catholic position implies a certain willingness to see the present injustices of society continue... Individual salvation implies liberty, which is always extended by Catholic writers to include the right to private property. But in the stage of industrial development which we have now reached, the right to private property means the right to exploit and torture millions of one's fellow creatures. The Socialist would argue, therefore, that one can only defend property if one is more or less indifferent to economic justice.

We shall not bind ourselves by treaties. We shall not allow ourselves to be entangled by treaties. We reject all clauses on plunder and violence, but we shall welcome all clauses containing provisions for good-neighbourly relations and all economic agreements; we cannot reject these.

When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.

As for us, He has appointed the job of permanent unemployment. If he wanted us to work, after all, He would not have created this wine. With a skinfull of this, Sir, would you rush out to commit economics?

Repression for the attainment of economic ends is a necessary weapon of the socialist dictatorship.

The economic fundamental is labour. Labour is the human element which makes the fruitful seasons of the earth useful to men. It is men 's labour that makes the harvest what it is. That is the economic fundamental: every one of us is working with material which we did not and could not create, but which was presented to us by Nature.

The cry for peace will be a cry in the wilderness, so long as the spirit of nonviolence does not dominate millions of men and women.
An armed conflict between nations horrifies us. But the economic war is no better than an armed conflict. This is like a surgical operation. An economic war is prolonged torture. And its ravages are no less terrible than those depicted in the literature on war properly so called. We think nothing of the other because we are used to its deadly effects. …
The movement against war is sound. I pray for its success. But I cannot help the gnawing fear that the movement will fail if it does not touch the root of all evil — man's greed.

I am not interested in dry economic socialism. We are fighting against misery, but we are also fighting against alienation. One of the fundamental objectives of Marxism is to remove interest, the factor of individual interest, and gain, from people's psychological motivations. Marx was preoccupied both with economic factors and with their repercussions on the spirit. If communism isn't interested in this too, it may be a method of distributing goods, but it will never be a revolutionary way of life.

The State idea is not according to my heart. I cannot understand why it is needed. It is connected with narrow-minded and economic obstacles. I believe it is bad. I have always been against it.

Albert Einstein

Our immediate task, however, is the critical work of confronting the economic crisis. As I've said, we've passed through an era of profound irresponsibility; now we cannot afford half-measures, and we cannot go back to the kind of risk-taking that leads to bubbles that inevitably bust. So we have a choice. We can shape our future, or let events shape it for us. And if we want to succeed, we can't fall back on the stale debates and old divides that won't move us forward.

Our whole experiment is meaningless unless we are to make this a democracy in the fullest sense of the word, in the broadest as well as the highest and deepest signiﬁcance of the word. It must be made a democracy economically, as well as politically. This does not mean that there shall not, be leadership in the economic as in the political world, or that there shall not be ample reward for high distinction and great service.

Theodore Roosevelt

We in the West must bear in mind that the poor countries are poor primarily because we have exploited them through political or economic colonialism.

Martin Luther King, Jr.

For out of this modern civilization economic royalists carved new dynasties. New kingdoms were built upon concentration of control over material things. Through new uses of corporations, banks and securities, new machinery of industry and agriculture, of labor and capital - all undreamed of by the Fathers - the whole structure of modern life was impressed into this royal service.

Franklin D. Roosevelt

I would like to ask all those who have positions of responsibility in economic, political and social life, and all men and women of goodwill: let us be 'protectors' of creation, protectors of God's plan inscribed in nature, protectors of one another and of the environment.

The school has always been the most important means of transferring the wealth of tradition from one generation to the next. This applies today in an even higher degree than in former times, for through modern development of economic life, the family

Albert Einstein

One cannot use with impunity the different categories of beings-animals, plants, the natural elements-simply as one wishes, according to economic needs. One must take into account the nature of each being and its mutual connection in an ordered system, which is the cosmos.

Pope John Paul II

The task assumes different shapes at different times. Sometimes the threat to popular government comes from political interests, sometimes from economic interests, sometimes we have to beat off all of them together. But the challenge is always the same—whether each generation facing its own circumstances can summon the practical devotion to attain and retain that greatest good for the greatest number which this government of the people was created to ensure.

Franklin D. Roosevelt

Some years ago Professor Bixler reminded us of the danger of overstressing the well-adjusted life. Everybody passionately seeks to be well-adjusted. We must, of course, be well-adjusted to avoid neurotic schizophrenic personalities, but there are some things in our world to which men of goodwill must be maladjusted. I confess that I never intend to become adjusted to the evils of segregation and the crippling effects of discrimination, to the moral degeneracy of religious bigotry and the corroding effects of narrow sectarianism, to economic conditions that deprive men of work and food, and the to the insanities of militarism and the self-defeating effects of physical violence.

Martin Luther King, Jr.

A critical, independent and investigative press is the lifeblood of any democracy. The press must be free from state interference. It must have the economic strength to stand up to the blandishments of government officials. It must have sufficient independence from vested interests to be bold and inquiring without fear or favour. It must enjoy the protection of the constitution, so that it can protect our rights as citizens.

A fundamental economic reconstruction, bringing with it very far-reaching changes in ways of thinking and feeling, in philosophy and art and private relations, seems absolutely necessary if industrialism is to become the servant of man instead of his master. In all this, I am at one with the Bolsheviks; politically, I criticize them only when their methods seem to involve a departure from their own ideals.

Bertrand Russell

From France to the Philippines, from Jamaica to Japan, from Malaysia to Mexico, from Sri Lanka to Singapore, privatisation is on the move... The policies we have pioneered are catching on in country after country. We Conservatives believe in popular capitalism—believe in a property-owning democracy. And it works! … The great political reform of the last century was to enable more and more people to have a vote. Now the great Tory reform of this century is to enable more and more people to own property. Popular capitalism is nothing less than a crusade to enfranchise the many in the economic life of the nation. We Conservatives are returning power to the people. That is the way to one nation, one people.

Margaret Thatcher