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Now that economic realism has finally arrived in India, the future lies in becoming a strong economic power. Dominance in the world will come only from how well a nation can cope with economic realism and towards that India must work, must find its own place under the sun.
Mukesh AmbaniThe term "rational" and its variants (rationality, rationalism) are used in a lot of contexts in economic debate, both positively and negatively, but nearly always sloppily or dishonestly. A specimen I've seen on more occasions than I can count is the line (usually presented with a sense of witty originality) "if you are opposed to economic rationalism, you must be in favor of economic irrationalism"... I've come to the conclusion that the word "rational" has no meaning that cannot better be conveyed by some alternative term and that the best advice is probably to avoid it altogether.
John QuigginWe live in a world community, and economic contact has partly contributed to that. Itยs also the case that economic opportunity opened up by economic contact has helped to a great extent to reduce poverty in many parts of the world.
Amartya SenSome people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.
Pope FrancisThe economic freedom which is the prerequisite of any other freedom cannot be the freedom from economic care which the socialist promise us, and which can be obtained only by relieving the individual at the same time of the necessity and of the power of choice: it must be the freedom of economic activity which, with the right of choice, inevitably also carries the risk and the responsibility of that right
Friedrich August von HayekThe great challenge to management today is to make productive the tremendous new resource, the knowledge worker. This, rather than the productivity of the manual worker, is the key to economic growth and economic performance in today's society.
Peter DruckerHitler had an unprecedented opportunity, such as no man will ever again be offered so easily, to create something entirely new. However, besides the fact that he knows absolutely nothing about matters economic, he cannot even fully understand his economic advisers. . . . His constant worry has ever been to keep himself in power. . . . He believes that he alone is a great man, and all others non-entities.
Fritz ThyssenTo be equitable, economic growth has to be sustainable. To be sustainable, economic growth has in turn to be all-inclusive. All-inclusive is no longer the greatest good of the greatest number. It is actually 'Sarvodaya' or the 'rise of all'. This Mahatma Gandhi saw as essential to Satyagraha itself.
Sonia GandhiTo maintain our economic and national security, we must maximize all of our nation's energy resources, including renewable sources, alternative fuels, and fossil fuels, all in a way that balances economic development and protecting our environment.
Joe HeckSufis have always been those that have tried to purify the ethics of Islam and society. And they don't have their hands cut off from the external action at all. For example, the bazaar in which the Sufis were very strong always dominated economic life in Islamic world. They could give a much more sane and Islamic form of activity when the economic life of Islam moved out of the bazaar to new parts of Islamic cities with modernized Muslims, who took it in another light and it became very, very anti Islamic, and much against many of the most profound practices of Islamic societies.
Seyyed Hossein NasrMoney ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society.
Murray RothbardIn 1990, about 1 percent of American corporate profits were taken in tax havens like the Cayman Islands. By 2002, it was up to 17 percent, and it'll be up to 20-25 percent very quickly. It's a major problem. Fundamentally, we have a tax system designed for a national, industrial, wage economy, which is what we had in the early 1900s. We now live in a global, asset-based, services world. And we need to have a tax system that follows the economic order or it's going to interfere with economic growth, it's going to reduce people's incomes, and it's going to damage the US.
David Cay JohnstonFor too many, the dream of economic mobility has been replaced with a nightmare of economic stagnation.
Mario CuomoThere is a difference between a job and the promise of jobs, there is a difference between economic development and the promise of economic development.
Robert D BullardWith economic opportunity, sometimes it's making sure that if they're not in a place where they can have good jobs, that when they have economic opportunity, they have digital tools to use.
Melinda GatesThe South was at the point where the scale was tipping against slavery. It was slowly dawning on the plantation owners that slave labor was not economic, besides being morally wrong. Slavery was destined to be abolished, whether for economic reasons or moral reasons matters not, but the international intriguers were not going to wait for voluntary abolition to rob them of their trump card.
John ColemanIn short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.
Martin FeldsteinJust as the end goal of socialist revolution was not only the elimination of the economic class privilege but of the economic class distinction itself, so the end goal of feminist revolution must be, ... not just the elimination of the male privilege, but of the sex distinction itself; genital differences between human beings would no longer matter culturally.
Shulamith FirestoneA nation's economic salvation does not lie in the amount of money its rich inhabitants can squander recklessly. A nation's economic salvation lies in the amount of money its inhabitants can save and invest after providing themselves with all the necessaries and all the reasonable comforts of life.
B. C. ForbesYou folks feeling the economic pinch? Are you a little fed up with the economic news? It's bad. The department stores, this holiday season, no Santa Claus. They're laying off department-store Santa Clauses. So more bad news for John McCain.
David LettermanYou have increasing poverty and increasing wealth. Fine food is one way to dispense with a lot of money... It's understanding that our daily choices about food connect us to a worldwide economic system. And that economic system - not scarcity - creates worldwide hunger for millions of people.
Frances Moore LappรฉWe need to make clear that the economic crisis has to be matched by a crisis of ideas. That's the problem, right? The economic crisis is not matched by a crisis of ideas. That's where the war is going to be fought.
Henry GirouxThe human community and individual people are more likely to hurt or undernourish children they think of as 'bodies' to be used. Cultures and people are more likely to raise children to be mere economic interns rather than fully developed humans if they see children as 'bodies' to be forced into certain economic and social molds.
Michael GurianIn Florida, then, and for farm workers for the most part in the US, there's a real sense of economic segregation. In the South, the structures of economic segregation still existed.
Sanjay RawalMaking drawings with text in the first place, it really was born of a desire to be economic, and to do things as simply as possible, and to do as much as I could by the most economic means.
David ShrigleyEvery 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 ButlerReliable and affordable energy is essential for meeting basic human needs and fueling economic growth, but many of the most difficult and dangerous environmental problems at every level of economic development arise from the harvesting, transport, processing, and conversion of energy
John HoldrenI'm not expecting a big sell-off but I do think that if we don't have a move toward economic growth and policies that will promote economic growth and get us out of this 2 percent world - we really need to see 4 percent, 5 percent - to see jobs created, and if we don't see that longer-term, yeah the market will sell-off...[but] I do think things are getting better. It's just been very slow.
Maria BartiromoToo 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 MaathaiAnd judging what is appropriate or not appropriate for a country, I think it is important in particular in judging what is the appropriate economic policy framework, one should take into account the overall political environment and the institutional framework within which economic policy operates.
Lucas PapademosWe need to use economic instruments such as carbon taxes, cap and trade, tax and dividend and whatever else to help incentivize behavior that will move us to a post-carbon, post-animal agriculture world, and make our societies more resilient to the shocks that are already baked into the system. But that doesn't make climate change an "economic issue."
Dale JamiesonThe three pillars of development (economic, social and environmental) must be strengthened together. But it is evident that two of the pillars - economic and social - are subsidiary to, and underpinned by, the third: a vibrant global ecology. Neither dollars nor our species will out-survive our planet. The earth can survive happily without people or profit
Dave HamptonSociety's double behavioral standard for women and for men is, in fact, a more effective deterrent than economic discrimination because it is more insidious, less tangible. Economic disadvantages involve ascertainable amounts, but the very nature of societal value judgments makes them harder to define, their effects harder to relate.
Anne Wilkes TuckerMike Pence came out and said this was a courtesy call, then Donald Trump a few hours later went on Twitter, as is his wont, and essentially linked the call to Taiwan with a whole series of things he doesn't like about Chinese economic and foreign policies and implied that the U.S. views of the status of Taiwan are now up for negotiation, that he wants them to be part of a broader negotiation with China about a whole series of economic and foreign policy issues. So, we just don't really know what exactly they're planing to do with this.
Geoff DyerOur Government is fostering economic growth in Kitchener, Cambridge and all of the Waterloo Region by investing in our innovative businesses. Today's announcement is a great example of how we are helping high-potential companies bring great ideas to market faster. Helping our entrepreneurs and original thinkers export their products and services to the rest of the world creates jobs, growth and economic prosperity here at home.
Gary GoodyearWe work harder and we earn less. Income inequality is at the highest point in over a century. While American capitalism never guaranteed success, it did guarantee opportunity, for too many, the dream of economic mobility has been replaced with a nightmare of economic stagnation.
Mario CuomoChile has done a lot to rid itself of poverty, especially extreme poverty, since the return to democracy. But we still have a ways to go toward greater equity. This country does not have a neoliberal economic model anymore. We have put in place a lot of policies that will ensure that economic growth goes hand in hand with social justice.
Michelle BacheletThe ability of the 1 percent to buy politicians and regulators is nothing new in American politics - just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems.
Eric AltermanEconomic theorists, like French chefs in regard to food, have developed stylized models whose ingredients are limited by some unwritten rules. Just as traditional French cooking does not use seaweed or raw fish, so neoclassical models do not make assumptions derived from psychology, anthropology, or sociology. I disagree with any rules that limit the nature of the ingredients in economic models.
George AkerlofOur economic assistance must be carefully targeted, and must make maximum use of the energy and efforts of the private sector... Economic freedom is the world's mightiest engine for abundance and social justice... Developing countries need to be encouraged to experiment with a growing variety of arrangements for profit sharing and expanded capital ownership.
Ronald ReaganI believe that we can create a poverty-free world because poverty is not created by poor people. It has been created and sustained by the economic and social systems that we have designed for ourselves; the institutions and concepts that make up that system; the policies that we pursue.
Muhammad YunusFirst reason is, it's not authorized in the Constitution, it's an illegal institution. The second reason, it's an immoral institution, because we have delivered to a secretive body the privilege of creating money out of thin air; if you or I did it, we'd be called counterfeiters, so why have we legalized counterfeiting? But the economic reasons are overwhelming: the Federal Reserve is the creature that destroys value.
Ron PaulThe impact of climate change is relatively small. The average impact on welfare is equivalent to losing a few per cent of income. That is, the impact of a century worth of climate change is comparable to the impact of one or two years of economic growth.
Richard TolEconomists actually disagree about whether there are significant economic returns from attending an elite college versus a less-selective one.
Emily OsterWhen you're fighting for economic and social justice, you're always fighting for the minority.
Bob KerreyIntelligent, 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 Yates