Economy Quotes

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I know these are difficult times. I know folks are worried. But I also know that now is not the time for fear or panic. Now is the time for resolve and steady leadership. Because I know we can steer ourselves out of this crisis. This is a nation that has faced down war and depression; great challenges and great threats. We have seen always that mountaintop from the deepest valley. We have always risen to the moment when the moment was hard – and we can do it again. We can restore confidence in our economy and renew that fundamental belief – that here in America, our destiny is not written for us, but by us.

It's very hard to prosper in this modern economy if you haven't fully unleashed the potential of your people. And your people's potential, in part, derives from their ability to express themselves and express new ideas, to try to right wrongs that are taking place in the society.

A man's right to work as he will, to spend what he earns, to own property, to have the State as servant and not as master: these are the British inheritance. They are the essence of a free economy. And on that freedom all our other freedoms depend.

Margaret Thatcher

We now live in a world where the most valuable skill you can sell is knowledge. Revolutions in technology and communication have created an entire economy of high-tech, high-wage jobs that can be located anywhere there's an internet connection. And today, a child in Chicago is not only competing for jobs with one in Boston, but thousands more in Bangalore and Beijing who are being educated longer and better than ever before.

If there is no possibility or, to put it in plain terms, if there is no money... What can you do? You can't go to a store, you can't buy anything, either a cannon, or a missile, or a medicine. For this reason the economy is at the basis of everything. In the beginning it was Karl Marx and then Freud and others...

Nor is the question before us whether the market is a force for good or ill. Its power to generate wealth and expand freedom is unmatched, but this crisis has reminded us that without a watchful eye, the market can spin out of control — and that a nation cannot prosper long when it favors only the prosperous. The success of our economy has always depended not just on the size of our Gross Domestic Product, but on the reach of our prosperity; on our ability to extend opportunity to every willing heart — not out of charity, but because it is the surest route to our common good.

Thrift is the really romantic thing; economy is more romantic than extravagance... thrift is poetic because it is creative; waste is unpoetic because it is waste... if a man could undertake to make use of all the things in his dustbin, he would be a broader genius than Shakespeare.

G. K. Chesterton

You have demonstrated that when young people have the tools to succeed — good schools, education in math and science, an economy that nurtures creativity and entrepreneurship — then societies will flourish.[...] Where women are full participants in a country's politics or economy, societies are more likely to succeed. [...] If young people live in places where the only option is between the dictates of a state, or the lure of an extremist underground, then no counterterrorism strategy can succeed. But where a genuine civil society is allowed to flourish — where people can express their views, and organize peacefully for a better life — then you dramatically expand the alternatives to terror.

The counting-room maxims liberally expounded are laws of the Universe. The merchant's economy is a coarse symbol of the soul's economy. It is, to spend for power, and not for pleasure.

Ralph Waldo Emerson

Economic activity, especially the activity of a market economy, cannot be conducted in an institutional, juridical or political vacuum. On the contrary, it presupposes sure guarantees of individual freedom and private property, as well as a stable currency and efficient public services.

Pope John Paul II

We have created new idols. The worship of the ancient golden calf (cf. Ex 32:1-35) has returned in a new and ruthless guise in the idolatry of money and the dictatorship of an impersonal economy lacking a truly human purpose. The worldwide crisis affecting finance and the economy lays bare their imbalances and, above all, their lack of real concern for human beings; man is reduced to one of his needs alone: consumption.

The nation that leads the clean energy economy will be the nation that leads the global economy.

Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.

Henry David Thoreau

Let us learn the meaning of economy. Economy is a high human office,--a sacrament when its aim is grand, when it is the prudence of simple tastes, when it is practised for freedom or for love or devotion.

Ralph Waldo Emerson

Tonight, we gather to affirm the greatness of our nation—not because of the height of our skyscrapers, or the power of our military, or the size of our economy. Our pride is based on a very simple premise, summed up in a declaration made over two hundred years ago: "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain inalienable rights, that among these are life, liberty and the pursuit of happiness." That is the true genius of America—a faith in simple dreams, an insistence on small miracles.

Globalization makes our economy, our health, and our security all captive to events on the other side of the world. And no other nation on earth has a greater capacity to shape that global system, or to build consensus around a new set of international rules that expand the zones of freedom, personal safety, and economic well-being. Like it or not, if we want to make America more secure, we are going to have to help make the world more secure.

As much wisdom may be expended on a private economy as on an empire, and as much wisdom may be drawn from it.

Ralph Waldo Emerson

I'll cut out government spending that's not working, that we can't afford, but I'm also going to ask anybody making over $250,000 a year to go back to the tax rates they were paying under Bill Clinton, back when our economy created 23 million new jobs, the biggest budget surplus in history and everybody did well. Just like we've tried their plan, we tried our plan — and it worked. That's the difference. That's the choice in this election. That's why I'm running for a second term.

Economy has frequently nothing whatever to do with the amount of money being spent, but with the wisdom used in spending it.

I will cut taxes - cut taxes - for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class.

Philosophy can bake no bread; but she can procure for us God, Freedom, Immortality. Which, then, is more practical, Philosophy or Economy?

It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.

John F. Kennedy

When people are judged by merit, not connections, then the best and brightest can lead the country, people will work hard, and the entire economy will grow - everyone will benefit and more resources will be available for all, not just select groups.

Waste cannot be accurately told, though we are sensible how destructive it is. Economy, on the one hand, by which a certain income is made to maintain a man genteelly; and waste, on the other, by which on the same income another man lives shabbily, cannot be defined. It is a very nice thing; as one man wears his coat out much sooner than another, we cannot tell how.

That is their way, those plagues, those scientists - peg, peg, peg - dig, dig, dig - plod, plod, plod. I wish I could catch a cargo of them for my place; it would be an economy. Yes, for years, you see. They never give up. Patience, hope, faith, perseverance; it is the way of all the breed.