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Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense of the word All economic change, therefore, would involve operations the value of which could neither be predicted beforehand nor ascertained after they had taken place. Everything would be a leap in the dark. Socialism is the renunciation of rational economy.
Ludwig von Mises... what we should be looking for is fresh ideas of how we make moral decisions about our dealings with one another, economic, social, cultural. Economic determinism is an objectionable creed where men and women espouse it in its communist or capitalist form because it treats human beings as economic units and not as responsible persons.
Davis McCaugheyGovernment by the people for the people becomes meaningless unless it includes major economic decision-making by the people for the people. This is not simply an economic matter. In essence it is an ethical and moral question, for whoever takes the important economic decisions in society ipso facto determines the social priorities of that society.
Jimmy ReidEconomic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves.
Herbert HooverIf the bringing of children into the world is today an economic burden, it is because the social system is inadequate; and not because Godโs law is wrong. Therefore the State should remove the causes of that burden. The human must not be limited and controlled to fit the economic, but the economic must be expanded to fit the human.
Fulton J. SheenThe economic interpretation of history does not necessarily mean that all events are determined solely by economic forces. It simply means that economic facts are the ever recurring decisive forces, the chief points in the process of history.
Eduard BernsteinThe WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development.
Anna LindhThe nature of the economic system should be a matter for public choice, and free market capitalism should not be accepted without any discussion of the rich variety of alternatives ... Unlike civil laws, economic laws are imposed on people with all the authority of immutable laws of nature. But the economy is created by people, supported by government intervention, regulation, statute and subsidy, and implemented in such a way that it gives substantial wealth and power to a privileged few, while the majority face a life of relentless work, stress and periodic financial insecurity.
Tony BennChanging an economic system that is bent on uncontrolled and poorly measured economic growth and depends on fossil energy for its main objectives, is much more difficult than changing how nuclear energy is used for military purposes. Some think it may be impossible.
Graciela ChichilniskyStudent 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 ChomskyI think things are imploding on the Democrats, and I actually think this is one of the reasons why the media is so desperate, because despite all the minutia and detail here, in the real world, the things the Democrat Party believes in are failing all over the world, not just here in the United States. The Obama administration was an economic disaster, was an economic failure. Liberalism, socialism around the world is imploding.
Rush LimbaughSo the need for another economic model is urgent, and if the climate justice movement can show that responding to climate change is the best chance for a more just economic system.
Naomi KleinCapitalism had arisen through the misuse and exaggeration of certain rights, notably the right of property - the basis of economic freedom - and the right of contract, which is one of the main functions of economic freedom. Therefore, even under Capitalism, so long as the old principles were remembered it was possible to recall the principles whereby Society had once been sane and well ordered.
Hilaire BellocI would be remiss, as a scientist who studied this, if I didn't mention the following two things: The first is that, most importantly, we need to do, as a society, in this country and globally, whatever we can to reduce population"....."Our whole economic system is based on growth, and growth of our population, and this economic madness has to end.
John MillerJust 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 gasline will help shape our economic future - the same way that oil has shaped our economic present.
Sarah PalinYou 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 LettermanWhen man has mastered money he shall have mastered not only his economic problem of prosperity but also his political problem, for he will see that money has no place in state functions, and, the money power being entirely in his own hands, he will easily master the state and clearly define its services. Thus money must be seen as the means of mastery of all economic and political problems. Until we have mastered money we shall not master any of our problems. Not money, but a false money system, is the root of all evil.
E.C. RiegelFor Marx, 'pure' economic theory, that is economic theory which abstracts from a specific social structure, is impossible.
Ernest MandelGambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits
John Warren KindtThe issue here is this, that the Government's argument at the present moment is the argument that now the war is over, terrorism is defeated, we have to focus on economic development which in the north and east particular, being the areas where the war was fought, development has to proceed at a pace. That people from those parts of the country are leaving seems to suggest a lack of confidence and certainty in the trajectory of this kind of economic development.
Paikiasothy SaravanamuttuIt violates right order whenever capital so employs the working or wage-earning classes as to divert business and economic activity entirely to its own arbitrary will and advantage, without any regard to the human dignity of the workers, the social character of economic life, social justice, and the common good.
Pope Pius XIThe primary conflict, I think, is between people whose interests are with already well-established economic activities, and those whose interests are with the emergence of new economic activities.
Jane JacobsReliable 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 HoldrenHitler's economic revolution in Germany had reduced financial considerations to a point where they played no role in economic or political decisions
Carroll QuigleyEconomic development is something much wider and deeper than economics, let alone econometrics. Its roots lie outside the economic sphere, in education, organisation, discipline and, beyond that, in political independence and a national consciousness of self-reliance.
E. F. SchumacherI ran for president because I wanted to help Lithuania and its people during a difficult time. My country was on the very edge of an economic crisis, and people were disappointed by the economic situation and the political elite. We all needed change and motivation to consolidate our efforts in order to overcome the difficulties.
Dalia GrybauskaiteThe United States of America or the Western countries, they don't have a problem with Islamists as long as they are neoliberal capitalists and promoting the economic order. And the best example is the petro-monarchies. The petro-monarchies, they don't want democracy. They say there is no democracy in Islam. But they are within the economic system.
Tariq RamadanClassic economic theories recognize public goods aspects of one kind or another - the need for economic intervention in, obviously, the supply of infrastructure and of education. We're not supplying that infrastructure at an appropriate rate today. I don't doubt it isn't just money; it's organization and goals and so forth.
Kenneth ArrowThe reason our economic crisis has been forestalled is the reason there will be an economic crisis.
James CookI learned a lot from Clint [Eastwood], who's an extremely economic director. I learned a lot from Michael Winterbottom, who really gave a lot of trust in the actors and allowed them to live in the space instead of trying to manipulate and make it too set and too staged. Working with [Robert] De Niro taught me a lot of being an actors' director and what that is. I've learned a lot from pretty much everybody. Hopefully I've picked up something from everybody I've worked with.
Angelina JolieNo one can deny that a network (a world network) of economic and psychic affiliations is being woven at ever increasing speed which envelops and constantly penetrates more deeply within each of us. With every day that passes it becomes a little more impossible for us to act or think otherwise than collectively.
Pierre Teilhard de ChardinMarxists are more right than wrong when they argue that the problems scientists take up,. the way they go about solving them, and even the solutions they arc inclined to accept, arc conditioned by the intellectual, social, and economic environments in which they live and work.
Theodosius DobzhanskyWe can't afford the wrath of Heaven. We survived a deluge by the skin of our teeth, but an economic crisis would be disastrous.
Friedrich DurrenmattGlobalization and free trade do spur economic growth, and they lead to lower prices on many goods.
Robert ReichIf I really believed in Friedman's economic theory, then I'd be quite satisfied to spend the rest of my life with a garden hose shoved down my throat, being filled with custard by representatives of the people of China.
Nigel LawsonThe Civil Rights for Musicians Act is about economic justice for African American artists. It's about what's right. And it's about time.
Dionne WarwickInterest rates are going to go up because employment is going to go up. If employment goes up, then our apartments get filled. And if employment goes up, our office buildings get filled. The reality is that increased economic activity combined with increased interest rates is basically bullish for real estate.
Sam ZellSo let us be clear about this up front: We hope to recruit you to join an incipient movement to emancipate women and fight global poverty by unlocking women's power as economic catalysts. That is the process under way - not a drama of victimization but of empowerment, the kind that transforms bubbly teenage girls from brothel slaves into successful businesswomen. This is a story of transformation. It is change that is already taking place, and change that can accelerate if you'll just open your heart and join in.
Nicholas D. KristofIt's just the banks who are the latest target of the American socialist left. There is a war on the entirety of the private sector. It is the private sector that employs most of you, that services most of you, that creates the economic prosperity that our nation has enjoyed - and there is a war on that private sector, and it's being waged from the Oval Office, and its foot soldiers are on Wall Street and in other cities around the country.
Rush LimbaughI do not think that we have psychological and ethical and economic problems. We have human problems, with psychological, ethical and economical aspects, and as many others as you like.
Mary Parker FollettThe metal of economic theory is in Marx's pages immersed in such a wealth of steaming phrases as to acquire a temperature not naturally its own.
Joseph A. SchumpeterI think it's very important to remember that so much of the work that gets done between countries is not done at the level of presidents, but is done within various agencies, whether it's law enforcement or economic ministries. And when they establish relationships and systems of communications and shared projects and shared visions, those structures continue even after any particular president is gone. It builds trust and understanding between countries that are critically important.
Barack ObamaNothing 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 SarkozyCuriosity and irreverence go together. Curiosity cannot exist without the other. Curiosity asks, "Is this true?" "Just because this has always been the way, is the best or right way of life, the best or right religion, political or economic value, morality?" To the questioner, nothing is sacred. He detests dogma, defies any finite definition of morality, rebels against any repression of a free, open search of ideas no matter where they may lead. He is challenging, insulting, agitating, discrediting. He stirs unrest.
Saul AlinskyOne of the reasons that women are kept in a state of economic degradation- because that's what it is for most women- is because that is the best way to keep women sexually available.
Andrea DworkinThe international institutions go around the world preaching liberalization, and the developing countries see that means open up your markets to our commodities, but we aren't going to open our markets to your commodities. In the nineteenth century, they used gunboats. Now they use economic weapons and arm-twisting.
Joseph StiglitzThe worldwide financial and economic crisis seems to highlight their distortions and above all the gravely deficient human perspective, which reduces man to one of his needs alone, namely, consumption. Worse yet, human beings themselves are nowadays considered as consumer goods which can be used and thrown away.
Pope Francis