Economy Quotes

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The problems we see today are going to be a hell of a lot worse in 10 years if we're not willing to face up to them. These kids are just not going to be absorbed into the economy, so what are they going to be doing? Well, we know. They're going to be making life pretty miserable for a lot of people.

William Julius Wilson

Some country is going to be the clean energy superpower of the 21st century and create millions of jobs and businesses. It's probably going to be either China, Germany, or America. I want it to be us! We invent the technology, we should make it and use it and export it, which will help to grow our economy.

Hillary Clinton

We want gain without pain; we want the resurrection without going through the grave; we want life without experiencing death; we want a crown without going by way of the Cross. But in God's economy, the way up is down.

Nancy Leigh DeMoss

I thank God, I have been able, by adopting Principles of strict Economy and Frugality, to keep my principal, I mean my Country-Estate, unimpaired.

realities of our own countries rather than catching up with the western economic models, [Bhatt urged] the people to follow a principle which ensures six basic necessities- food, shelter, clothing, primary education, primary healthcare and primary banking- are available within a 100 mile distance. If these necessities are locally produced and consumed, we will have the growth of a new holistic economy.

I believe that the harm which Mill has done to the world by the passage in his book on Political Economy in which he favours the principle of Protection in young communities, has outweighed all the good which may have been caused by his other writings.

This president is a miserable failure on foreign policy and on the economy and he's got to be replaced.

Associated with this weight gain are increased risks in adulthood for joint problems, angina, high blood pressure, heart attacks, strokes, type 2 diabetes and, ultimately, premature death. Outside of the human costs, health experts estimate that treating adult obesity-related ailments will cost the American economy nearly $150 billion in 2009.

Jeff Schweitzer

The concept of state ownership is particularly ambiguous. In a democratic society, state property may have some of the characteristics of common property; for instance, the citizens usually do not have the right to sell their individual titles to public property, whereas under dictatorship, state ownership can approach the system of private property with the economy resembling a huge corporation.

Thrainn Eggertsson

Our generation can change this. We know what the problems are and we know what the solutions are, but we have to demand that our elected officials and business leaders take action. At the federal and state level, we have to fight efforts to repeal equal pay laws. We have to support increases in the minimum wage. And we have to demand that the United States join our global competitors in giving workers paid leave. All these issues affect our individual financial health and the strength of our collective economy.

Intermediate between mathematics, statistics, and economics, we find a new discipline which, for lack of a better name, may be called econometrics. Econometrics has as its aim to subject abstract laws of theoretical political economy or "pure" economics to experimental and numerical verification, and thus to turn pure economics, as far as possible, into a science in the strict sense of the word.

The market economy-capitalism-is a social system of consumers' supremacy.

Ludwig von Mises

It is historically the case that virtually every new zone incorporated into the world-economy established levels of real remuneration which were at the bottom of the world-system's hierarchy of wage-levels.

Immanuel Wallerstein

Like you, people of the United States, we Venezuelans are patriots. And we shall defend our homeland with all the pieces of our soul. Today Venezuela is united... we demand the cessation of the aggression that seeks to suffocate our economy and socially suffocate our people, as well as the cessation of the serious and dangerous threats of military intervention... We appeal to the good soul of the American society, victim of its own leaders, to join our call for peace, let us be all one people against warmongering and war.

Nicolás Maduro

If growth in East Asia is indeed running into diminishing returns, however, the conventional wisdom about an Asian-centered world economy needs some rethinking.

I have pursued this intellectual program by building a radical alternative in social theory to Marxism, by recasting legal thought as an instrument of the institutional imagination, by proposing particular institutional alternatives for the organization of the economy and the state, and by developing a philosophical conception of nature and mankind within which history is open, novelty is possible, and the divinization of humanity counts for more than the humanization of society.

Roberto Mangabeira Unger

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.

As we have said many times, we stand for peaceful coexistence and competition between the socialist and capitalist countries. At the same time, however, we are convinced of the superiority of the socialist economy over the capitalist one, of the victory of the socialist order in this competition.

We have to build an economy that works for everyone, not just those at the top.... How are we going to do it? We're going to do it by having the wealthy pay their fair share and close the corporate loopholes.

Hillary Clinton

We should promote political integration through the economy, compel the Taiwan authorities to talk with us by manipulating Taiwan people's opinion, and lead exchanges between the two sides in a direction favorable to the reunification of the motherland.

When the regime wanted additional industrial capacity or resources for the military economy which the private sector could not provide, it was created (or conquered) by the state… during the Third Reich state ownership expanded into the productive sectors, based on the strategic industries, aviation, aluminum, synthetic oil and rubber, chemicals, iron and steel, and army equipment. Government finances for state-owned enterprises rose from RM 4,000m in 1933 to RM 16,000m 10 years later; the capital assets of state-owned industry doubled during the same period; the number of state-owned firms topped 500.

I am more acquainted with Mr. Pettit's mode of doing business than I am with Mr. Cox's; but I think the public under great obligations to the for mer for his method and economy.

Nathanael Greene

Fascism was really the basis for the New Deal. It was Mussolini's success in Italy, with his government-directed economy, that led the early New Dealers to say "But Mussolini keeps the trains running on time."

Of all the elements of critical importance to plants, phosophorus is the least commonly found, and sources are rarely available locally. Of all the phosphatic fertilisers used, Europe and North America consume 75% (and get least return from this input because of overuse, over-irrigation, and poor soil economy). If we really wanted to reduce world famine, the redirection of these surplus phosphates to the poor soils of Africa and India (or any other food-deficient area) would do it. Forget about miracle plants; we need global ethics for all such essential soil resources. As long as we clear-cultivate, most of this essential and rare resource will end up in the sea.

It doesn't take a genius to see what happens when the entitlement state outgrows the economy upon which it rests. The time of Greece, Cyprus, Portugal, Spain, the rest of insolvent social-democratic Europe – and now Detroit – is the time for conservatives to raise the banner of Stein's Law and yell, 'Stop.' You can kick the can down the road, but at some point it disappears over a cliff.

Charles Krauthammer