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Now it is unambiguously clear that trickle-down economics does not work. But what does that mean? That means we have to structure our economic policies to make sure that we have shared prosperity. And you don't do that by giving a tax cut to the big winners and raising taxes on those who have not done very well. Your economic policy has to respond to the way our economic system has been working.
Joseph StiglitzPoverty is not only about income poverty, it is about the deprivation of economic and social rights, insecurity, discrimination, exclusion and powerlessness. That is why human rights must not be ignored but given even greater prominence in times of economic crisis.
Irene KhanHousing has always been a key to Great Resets. During the Great Depression and New Deal, the federal government created a new system of housing finance to usher in the era of suburbanization. We need an even more radical shift in housing today. Housing has consumed too much of our economic resources and distorted the economy. It has trapped people who are underwater on their mortgages or can't sell their homes. And in doing so has left the labor market unable to flexibly adjust to new economic realities.
Richard FloridaOur object is the economic freedom of the producing classes; this ultimate goal will be attained after a long and bitter struggle; therefore, our primary task is to organize the masses and lead them in the struggle for economic freedom.
M. N. RoyThe economic system that the United States has is an evil empire. It's an economic system that's not fair, not just, and it's not democratic. And it will fall just like communism fell. The richest 1 percent now own 50 percent of the wealth. It didn't use to be that way. The average CEO 20 years ago made 20 times as much as the average employee. Now they make 212 times as much.
Michael MooreThe Republican promise is for policies that create economic growth. Republicans believe lower taxes, less regulation, balanced budgets, a solvent Social Security and Medicare will stimulate economic growth.
Rand PaulOfficial motto of the White House economic team: Those who can, do. Those who can't, fantasize in the classroom, fail in Washington and then return to the Ivy Tower to train the next generation of egghead economic saboteurs. Life is good for left-wing academics. Everyone else pays dearly.
Michelle MalkinJust as it wouldn't be right to only to have an economic dialogue with China, equally you shouldn't restrict your dialogue solely to issues around, say, human rights. You can raise all those issues, and that is what reflects a mature discussion. So I don't think essentially we have to choose between being partners in China's economic development and being proud defenders of British values.
George OsborneI should like to suggest to you that the cause of all the economic troubles is that we have an economic system which tries to maintain an equality of value between two things, which it would be better to recognise from the beginning as of unequal value.
Paul DiracStudent debt is structured to be a burden for life. The indebted cannot declare bankruptcy, unlike Donald Trump. Current student debt is estimated to be over $1.45 trillion. There are ample resources for that simply from waste, including the bloated military and the enormous concentrated private wealth that has accumulated in the financial and general corporate sector under neoliberal policies. There is no economic reason why free education cannot flourish from schools through colleges and university. The barriers are not economic but rather political decisions.
Noam ChomskyBut the dollars spent on economic incentives and new investment strategies are wasted unless we seriously address the two most important economic issues in Kansas: education and health care
Kathleen SebeliusThe effort of the economist is to "see," to picture the interplay of economic elements. The more clearly cut these elements appear in his vision, the better; the more elements he can grasp and hold in his mind at once, the better. The economic world is a misty region. The first explorers used unaided vision. Mathematics is the lantern by which what before was dimly visible now looms up in firm, bold outlines. The old phantasmagoria disappear. We see better. We also see further.
Irving FisherWhen people are running up more and more debt for housing, they call that "real wealth." It exposes what's wrong in the mainstream economics and why most of the economics that justifies austerity programs and economic shrinkage is in the textbooks is not scientific. Junk economics denies the role of debt and denies the fact that the economic system we have now is dysfunctional.
Michael HudsonThe millennium development goals are important, both morally and economically, because much of the world's population maybe is as much as a third of the world's population hasn't yet reached the level of economic development where we begin to get a dissociation from people's economic status and their reports about personal happiness. So we really do need to do much more and much more effectively in order to give everyone the kind of basis for which they can have good vibes.
Dale JamiesonEvery attempt, by whatever authority, to fix a maximum of productive labor by a given worker in a given time is an unjust restriction upon his freedom and a limitation of his right to make the most of himself in order that he may rise in the scale of the social and economic order in which he lives. The notion that all human beings born into this world enter at birth into a definite social and economic classification, in which classification they must remain permanently through life, is wholly false and fatal to a progressive civilization.
Nicholas Murray ButlerEvery time economic and technical development takes a step forward, forces emerge which attempt to create political forms for what, on the economic-technical plane, has already more or less become reality.
Christian Lous LangeIt is thus hardly surprising that so many of the great minds in recent history have concerned themselves with economic matters. Indeed, they have come to regard economic theory in precisely the same way the ancient philosophers viewed the heavens - as the key to understanding and controlling our fate.
Paul Zane PilzerEach central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.
Carroll QuigleyToo often we shape our public positions on the basis of our economic connections. That brings us dangerously close to economic determinism.
George W. RomneyThe way in which we can promote peace, is by promoting sustainable management of our resources, equitable distribution of these resources, and that the only way you can actually do that, is that then you have to have a political, economic system that facilitates that. And then you get into the issues of human rights, justice, economic justice, social justice, and good governance or democratic governance. That's how it ties up.
Wangari MaathaiThe global economic outlook remains fragile and uncertain. Global economic imbalances persist and we must address them or risk future instability.
Julia GillardEconomic freedom is very important for women empowerment. They must be partners in economic development also. I have seen that women are very good at adapting to latest technology. We should link women and technology up-gradation.
Narendra ModiWe will pave the way for a transformation and roll back the years of Thatcherism...We will turn economic ruin into economic recovery, and above all pave the way for a General Election to elect a Labour Government.
Arthur ScargillI'm not currently into economic textbooks, but my grandchildren tell me that the book by Gregory Mankiw, former head of the white house council of economic advisers is a model of intelligence and clarity. Why not try that one.
John C. BogleSustainability is an economic state where the demands placed upon the environment by people and commerce can be met without reducing the capacity of the environment to provide for future generations. It can also be expressed in the simple terms of an economic golden rule for the restorative economy: Leave the world better than you found it, take no more than you need, try not to harm life or the environment, make amends if you do.
Paul HawkenWe need a new political language with broader narratives. Such a language has to unravel the pervasive ideological, pedagogical, and economic dynamics of a form of economic Darwinism that now governs much of the world. This system must be demystified, politicized, and recognized for the ways in which it has come to pose a dire threat to democracy.
Henry GirouxThe BRIC countries - Brazil, India, China, Turkey, South Africa, Indonesia even, and Russia - are now new actors. Over the last eight years, China multiplied by seven its economic presence and penetration in the Middle East. And if this happens on economic terms and there is a shift towards the East, the relationship between these countries and Israel is completely different from the United States. And it means that the challenges are going to be different, because China is not supporting Israel the way the U.S. are supporting Israel.
Tariq RamadanConservatives value economic liberty and moral security, while the liberal values economic security and moral liberty.
Jonah GoldbergIntelligent, thinking people could take things like this in their stride, just as they took the larger absurdities of deadly dull jobs in the city and deadly dull homes in the suburbs. Economic circumstances might force you to live in this environment, but the important thing was to keep from being contaminated. The important thing, always, was to remember who you were.
Richard YatesThe pursuit of the vibrant seems to be the universal job description of the nation's city planners nowadays. It is also part of the Obama administration's economic recovery strategy for the nation.
Thomas FrankAt the start of the second decade of the 21st century, young people all over the world are demonstrating against a variety of issues ranging from economic injustice and massive inequality to drastic cuts in education and public services. These demonstrations have and currently are being met with state-sanctioned violence and an almost pathological refusal to hear their demands.
Henry GirouxIn a general way, if one cannot attribute to the Jew the whole responsibility of the situation, economic, political, and social, by which Algeria is being strangled, it is no exaggeration to recognize him as morally guilty, for the great part of his rรฌle here, still more than elsewhere, has consisted in corrupting, degrading, and disintegrating.
Chuck HagelThis is the problem for which revolutionary theory has yet to find the right solution, if there is one. The difficulty is that the economic interests of the two classes are antagonistic.
Garet GarrettBut what I believe is that if a person's individual rights or right to be a part of our economic system is violated under statute, we aggressively go after it. But we don't issue mandates to businesses that you've got to do this and you've got to do that.
Clarence ThomasWe forget the conditions - not only in slavery - but after slavery, when there was this purposeful locking out of African Americans from economic opportunity. Or we forget today's incarceration rates, and educational and housing discrimination; all of these things. We pretend that everything that has happened happened long ago, and then we act as if we all now just treat each other equally, everything will be fine.
Ben H. WintersWe can't impede progress in the name of environmental action that yields little for the environment and even less for our people.. and we should look at the environment as an economic opportunity.
Meg WhitmanThe prevailing view is that the easy way to stimulate economic growth is to have a low currency.
Gary CohnIn America, we are living in a country where the deep economic problems have not been solved and arguably, in many cases, haven't been addressed.
David SirotaNothing is more destructive than the gap between people's perceptions of their own day-to-day economic well-being and what politicians and statisticians are telling them about the economy
Nicolas SarkozyI personally think that people should get the book because it is like a blueprint. It shows you the work that needs to be done if we're ever going to get economic equality, health, reproductive health, violence. I mean, it's every category.
Eleanor SmealIt is the potential for economic growth that provides the basis for the development of countries, for bringing to people essential goods and services, such as water to drink and facilities for healthcare.
Lee R. RaymondWe who are members of the Communist Party repudiate the exclusive identification of democracy with capitalism. We declare that democracy can be widened, take on new aspects, become truly a rule of the people, only when it is extended to the economic life of the people, as in the Soviet Union. As far as women are concerned, the U.S.S.R. is a trailblazer for equal rights and equal opportunities.
Elizabeth Gurley FlynnAcumen Fund's patient capital investment in Western Seed is intended to enhance the food security and economic independence of Kenya's smallholder farmers.
Jacqueline NovogratzWhat is called economic progress is the joint effect of the activities of the three progressive groups-or classes-of the savers, the scientist-inventors, and the entrepreneurs, operating in a market economy as far as it is not sabotaged by the endeavors of the nonprogressive majority of the routinists and the public policies supported by them.
Ludwig von MisesIt is not economic development; it's about taking money out of the consumer economy and shipping it off to Las Vegas
John Warren KindtYou were probably educated in the conventional economic theories of your period which were magnificent and most ingenious, but--if you will pardon my saying so--all wrong.
Robert A. HeinleinThe notion that aid can alleviate systemic poverty, and has done so, is a myth. Millions in Africa are poorer today because of aid; misery and poverty have not ended but increased. Aid has been, and continues to be, an unmitigated political, economic, and humanitarian disaster for most parts of the developing world.
Dambisa Moyo