Economics Quotes

500+ Sourced quotes

This economic pie that is getting ready to explode before our eyes is going to be shared equally.

It follows that America's primary interest is to help ensure that no single power comes to control this geopolitical space and that the global community has unhindered financial and economic access to it.

Zbigniew Brzezinski

I am a little to the right of... Why is the Attila comparison used? Fifth-century Hunnish depredations on the Roman Empire were the work of an overpowerful executive pursuing a policy of economic redistribution in an atmosphere of permissive social mores. I am a little to the right of Rush Limbaugh. I'm so conservative that I approve of San Francisco City Hall marriages, adoption by same-sex couples, and New Hampshire's recently ordained Episcopal bishop. Gays want to get married, have children, and go to church. Next they'll be advocating school vouchers, boycotting HBO, and voting Republican.

Personal responsibility is a big idea about which little is known. It has received far less study than other key conservative tenets, like economic choice. This lack of attention is striking because personal responsibility is a defining assumption in American thought.

On March 20, 1854, the Republican Party was established in Ripon, Wisconsin. Referred to as the 'GOP' or 'Grand Old Party', it established for one reason, to break the chains of slavery and ensure the unalienable rights endowed by the Creator of life, liberty, and the pursuit of happiness would be for all Americans. The Republican Party was created to achieve individual freedom. Then, as now, the antagonist to the Republican Party has been the Democrats, the party of collective subjugation and individual enslavement, then physical, now economic.

The human aspect of industry has changed very considerably in the last fifty years. The nature and range of these changes are still partly unknown to us, but the question of their significance is no longer in dispute. Whereas the human problems of industry were regarded until recently as lying within the strict province of the specialist, it is now beginning to be realized that a clear statement of such problems in particular situations is necessary to the effective thinking of every business administrator and every economic expert.

What is politically defined as economic planning is the forcible superseding of other people's plans by Government officials.

The foremost challenge is that of the knowledge revolution. Economic power will depend on creativity and innovation. Creation of wealth will move from traditional resources to the one asset: knowledge.

Talal Abu-Ghazaleh

This society in which knowledge workers dominate is in danger of a new "class conflict" between the large minority of knowledge workers and the majority of workers who will make their livings through traditional ways, either by manual work... or by service work. The productivity of knowledge work - still abysmally low - will predictably become the economic challenge of the knowledge society. On it will depend the ability of the knowledge society to give decent incomes, and with them dignity and status, to non knowledge people.

Trump has no coherent organizing economic philosophy, spent decades acting like and supporting traditional liberal Democrats, has repeatedly shifted his positions on major issues and has little more trust from economists than he has earned among the general electorate.

The bastard Keynesian doctrine, evolved in the United States, invaded the economic faculties of the world, floating on the wings of the almighty dollar.

Scientists are not robotic inducing machines that infer structures of explanation only from regularities observed in natural phenomena (assuming, as I doubt, that such a style of reasoning could ever achieve success in principle). Scientists are human beings, immersed in culture, and struggling with all the curious tools of inference that mind permits […]. Culture can potentiate as well as constrain—as Darwin's translation of Adam Smith's laissez-faire economic models into biology as the theory of natural selection. In any case, objective minds do not exist outside culture, so we must make the best of our ineluctable embedding.

Stephen Jay Gould

Creative destruction can apply to economic concepts as well. And this downturn offers an excellent opportunity to get rid of one that has long outlived its usefulness: gross domestic product. G. D. P. is one measure of national income, of how much wealth Americans make, and it's a deeply foolish indicator of how the economy is doing. It ought to join buggy.

Usually this desire [for family limitation] has been laid to economic pressure... It has asserted itself among the rich and among the poor, among the intelligent and the unintelligent. It has been manifested in such horrors as infanticide, child abandonment and abortion.

Margaret Sanger

This pioneer work, written for both the professional economist and the businessman, has become a classic in its field. It is a detailed examination of the structure of the large business corporation in relation to its actual economic functioning. Because Gordon views the corporation not as an external institution but as organized human activity, his emphasis is on the personal and volitional elements in leadership, or how businessmen actually shape their practices. His analysis is based on a formidable mass of case material and statistical data

Robert Aaron Gordon

The American economic, political, and social organization has given to its citizens the benefits of material prosperity, political liberty, and a wholesome natural equality; and this achievement is a gain, not only to Americans, but to the world and to civilization.

There are mistakes, which governments have been doing when they were trying to face the economic crisis, since 2008. Slow choices, sometimes insufficient, sometimes wrong, never neutral. Political choices made by political governments which must assume their responsibility on them. In Italy we have adopted forward-looking choices, economically speaking, we have adopted austerity as leading value. Now it is time to work on development and growth, to create jobs and exit this crisis.

Federica Mogherini

In general, democracy and individualism have advanced in spite of and often against specific economic interest. Both democracy and individualism have been based upon financial sacrifice, not gain. Even in Athens, a large part of the 7,000 citizens who participated regularly in assemblies were farmers who had to give up several days' work to go into town to talk and listen.

John Ralston Saul

The Indians and Pakistanis exchange insults and beat their chests in order to inflame a 60 year old rivalry, and claim that their respective countries can offer the people they have occupied—and make no mistake, it is an occupation, and an illegal one to boot—a better future than their enemy can. But far from wanting to offer, and indeed being able to offer the Kashmiri people economic security, all that they are supplying the ordinary people of Kashmir are untold war crimes and misery. It is a sickening example of murderous aggresion against a whole peoples for the sake of pride, and one that was being largely overlooked by the world until the spectre of nuclear holocaust came over the continent.

Historical, political economic systems theory. The Marxian approach to system theorizing clearly points us to sociologically important phenomena: the material conditions of social life, stratification and social class, conflict, the reproduction as well as transformation of capitalist systems, the conditions that affect group mobilization and political power, and the ways ideas functions as ideologies.

The end of an age is always a time of turmoil, war, economic catastrophe, cynicism, lawlessness and distress. But it is also an era of heightened challenge and creativity, of issues, and their world-wide scope, never has an era faced a more demanding and exciting crisis. This then, above all else, is the great and glorious era to live in, a time of of opportunity, one requiring fresh and vigorous thinking, indeed, a glorious time to be alive.

Rousas John Rushdoony

Even though principles of rationality seem as often violated as followed, we still cling to the notion that human thought should be rational, logical, and orderly. Much of law is based upon the concept of rational thought and behavior. Much of economic theory is based upon the model of the rational human who attempts to optimize personal benefit, utility, or comfort. Many scientists who study artificial intelligence use the mathematics of formal logic—the predicate calculus—as their major tool to simulate thought. [...] Human thought is not like logic; it is fundamentally different in kind and spirit. The difference is neither worse nor better. But it is the difference that leads to creative discovery and to great robustness of behavior.

Against the U.S.-sponsored program to deny subject peoples their own cultural heritage as well as participation in shaping their own social and economic life, Iranian opposition took the form of a revival of the only sphere of life that remained available, Shiite cultural tradition and the ritual space and symbols of the mosques.

Richard A. Horsley

The government of the US has no moral authority to elect itself as the judge over human rights in Cuba, where there has not been a single case of disappearance, torture or extra-judicial execution since 1959, and where despite the economic blockade, there are levels of health, education and culture that are internationally recognised.

No tin-hat brigade of goose-stepping vigilantes or bibble-babbling mob of blackguarding and corporation paid scoundrels will prevent the onward march of labor, or divert its purpose to play its natural and rational part in the development of the economic, political and social life of our nation.