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We thought we could put the economy right in five years. We were wrong. It will probably take ten.
Tony Benn
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It is in war that the State really comes into its own: swelling in power, in number, in pride, in absolute dominion over the economy and the society.
Murray Rothbard
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When you (President Ratu Sir Penaia Ganilau) called me at Lomaloma in December 1987 and asked me to form an Interim Government to prepare the country for a return to parliamentary rule, I knew the task at hand would be onerous. Fiji had experienced the ordeal of two military coups. Society was fractured, the economy was tottering and the country had been ostracised by some of its oldest friends and allies. There was no Parliament and no properly functioning political system. Even institutions of State, such as the judiciary, were seriously weakened, to the extent that the citizenry justifiably feared a breakdown in law and order. The business community was hit by a slump in sales and confidence, leading to reduced earnings and loss of jobs.
Kamisese Mara
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A market economy is a tool - a valuable and effective tool - for organizing productive activity. A market society is a way of life in which market values seep into every aspect of human endeavour. It's a place where social relations are made over in the image of the market.
Michael J. Sandel
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Economists don't seem to have noticed that the economy sits entirely within the ecology.
Carl Safina
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The importance of oaks both in the economy and in the forest ecosystem is big, but the exceptional part is that this tree plays in the old beliefs and legends.
Marek Żukow-Karczewski
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Women - why aren't you running the world yet? Frankly I'm disappointed in you. Men are still far too dominant for their own good, and consequently we've made a testosterone-sodden pig's ear of just about everything: politics, the economy, religion, the environment... you name it, it's in a gigantic man-wrought mess.
Charlie Brooker
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The wealth of the nation is its air, water, soil, forests, minerals, rivers, lakes, oceans, scenic beauty, wildlife habitats and biodiversity... that's all there is. That's the whole economy. That's where all the economic activity and jobs come from. These biological systems are the sustaining wealth of the world.
Gaylord Nelson
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Seeing an economy that is, in many ways, quite different from the one grows up in, helps crystallize issues: in one's own environment, one takes too much for granted, without asking why things are the way they are.
Joseph Stiglitz
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Nowadays enthusiasm is accounted folly; truth, cynicism; dissimulation, self-control; stiffness of manners, dignity; deception, cleverness; hypocrisy, decency; selfishness, economy; freedom of thought, effrontery; and superstition, the prop of human morals. What progress in language!
George Sand
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To realize the full possibilities of this economy, we must reach beyond our own borders, to shape the revolution that is tearing down barriers and building new networks among nations and individuals, and economies and cultures: globalization. It's the central reality of our time.
Bill Clinton
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Will the tax cut destroy America's prosperity? Probably not. As Adam Smith observed, there's a deal of ruin in a nation. We have a huge, resilient economy that can survive and recover from even quite bad government policies.
Yet while the tax cut may not be a matter of economic life or death, it is a very serious issue. For one thing, like it or not, the tax cut has become the central political issue in the United States right now. Conservatives who want to reshape America view passage of a large tax cut as a first step toward realizing their vision. For that reason, those who do not share this vision feel, rightly, that they must oppose the plan.
Paul Krugman
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If you want to understand financial markets, and their effects on the economy, you have to understand the trading game. Many short-term price movements are neither random nor caused by economic fundamentals. They're caused by investors buying and selling.
Aaron C. Brown
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Hayek's blind spot with regard to politics was clear in the early 1980s when the first Thatcher government, in an attempt to reduce inflation and bring the public finances closer to a balanced budget, was raising interest rates and cutting public spending. As he had done during the 1930s, Hayek attacked these policies as not being severe enough. It would be better, he told me in a conversation we had around this time, if Thatcher imposed a more drastic contraction on the economy so that the wage-setting power of the trade unions could be broken. He appeared unfazed by unemployment, which was already higher (more than three million people) than at any time since the 1930s, and would rise much further if his recommendations were accepted.
John Gray
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We used to think that you could spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists, and in so far as it ever did exist, it only worked on each occasion since the war by injecting a bigger dose of inflation into the economy, followed by a higher level of unemployment as the next step.
James Callaghan
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It remains to be seen, for example whether China can continue to develop as a market economy while still retaining an authoritarian communist political system.
Peter Dicken
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The state has an active role to play in ensuring that there is equilibrium between the constituent parts of the economy, the consumers and the producers.
Pierre Trudeau
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To begin with, I turn back time. I reverse it to that quaint period, the thirties, when the huge middle class of America was matriculating in a school for the blind. Their eyes had failed them, or they had failed their eyes, and so they were having their fingers pressed forcibly down on the fiery Braille alphabet of a dissolving economy.
Tennessee Williams
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Everyone is always in favour of general economy and particular expenditure.
Anthony Eden
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When people were committed to the idea that in the field of religion only one plan must be adopted, bloody wars resulted. With the acknowledgment of the principle of religious freedom these wars ceased. The market economy safeguards peaceful economic co-operation because it does not use force upon the economic plans of the citizens. If one master plan is to be substituted for the plans of each citizen, endless fighting must emerge. Those who disagree with the dictator's plan have no other means to carry on than to defeat the despot by force of arms.
Ludwig von Mises
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I myself have no doubt in the past tended to appear to many to be more concerned with the creation of wealth than with its distribution. I must confess that there is a degree of truth in this, but to the extent that it is true, it has been because of my conviction that the rapid growth of the economy, and the pressure that comes with it on demand for labour, both produces a rapid and substantial redistribution of income directly of itself and also makes it possible to assist more generously those who are not, from misfortune temporary or permanent, sharing in the general advance. The history of our last fifteen years or so demonstrates this conclusively.
John James Cowperthwaite
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The system is rigged. Look around. Oil companies guzzle down billions in profits. Billionaires pay lower tax rates than their secretaries. And Wall Street CEOs — the same ones who wrecked our economy and destroyed millions of jobs — still strut around Congress, no shame, demanding favors, and acting like we should thank them.
Elizabeth Warren
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It is beyond belief that we know so little about how people get rich or poor, about how it is they come to dwell in comfort and health or die in penury and disease. Financial markets are the machines in which much of human welfare is decided; yet we know more about how our car engines work than about how our global financial system functions. We lurch from crisis to crisis. In a networked world, mayhem in one market spreads instantaneously to all others—and we have only the vaguest of notions how this happens, or how to regulate it. So limited is our knowledge that we resort, not to science, but to shamans. We place control of the world's largest economy in the hands of a few elderly men, the central bankers.
Benoît Mandelbrot
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Marx set out to resolve the contradictions and to correct the errors in classical political economy. In this he thought he had succeeded very well. Judging by the sound and the fury of the controversy surrounding his interpretations, he either succeeded too well or deluded himself to the success of his enterprise.
David Harvey
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Television's quasi-hypnotic effect is one reason that the political economy supported by the television industry is as different from the vibrant politics of America's first century as those politics were different from the feudalism that thrived on the ignorance of the masses of people in the Dark Ages.
Our systematic exposure to fear and other arousal stimuli on television can be exploited by the clever public relations specialist, advertiser, or politician.
Al Gore
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Ultimately, America's answer to the intolerant man is diversity, the very diversity which our heritage of religious freedom has inspired.
Robert F. Kennedy
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