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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 AmbaniEconomic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either.
Jim StanfordFor when asceticism was carried out of monastic cells into everyday life, and began to dominate worldly morality, it did its part in building the tremendous cosmos of the modern economic order. This order is now bound to the technical and economic conditions of machine production which to-day determine the lives of all the individuals who are born into this mechanism, not only those directly concerned with economic acquisition, with irresistible force. Perhaps it will so determine them until the last ton of fossilized coal is burnt.
Max WeberIn view of the importance of philanthropy in our society, it is surprising that so little attention has been given to it by economic or social theorists. In economic theory, especially, the subject is almost completely ignored. This is not, I think, because economists regard mankind as basically selfish or even because economic man is supposed to act only in his self-interest; it is rather because economics has essentially grown up around the phenomenon of exchange and its theoretical structure rests heavily on this process.
Kenneth E. BouldingThe achievements of past struggles and the aspirations of an entire nation are [being] undone and erased.... No Agent Orange or steel pellet bombs, no napalm, no toxic chemicals: a new phase of economic and social (rather than' physical) destruction has unfolded. The seemingly neutral and scientific tools of macro-economic policy constitute a non-violent instrument of recolonization and impoverishment.
Michel ChossudovskyBut while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.
Franklin D. RooseveltMy belief in free competitive economic enterprise does not rest solely or even mainly on arguments of economic efficiency, though, heaven knows, these are cogent enough. It rests essentially on the view that the free market is the only safe way of ensuring that productive effort is directed towards supplying what individuals actually want, and in a way which secures the dignity and independence of the worker.
Margaret ThatcherWhen we liberate the economic potential of women, we elevate the economic performance of communities, nations, and the world.
Hillary ClintonBring on those tired, labor-plagued, competition-weary companies and ESOP will breathe new life into them. They will find ESOP better than Geritol. It will revitalize what is wrong with capitalism. It will increase productivity. It will improve labor relations. It will promote economic justice. It will save the economic system. It will make our form of government and our concept of freedom prevail over those who don't agree with us.
Russell B. LongIf you had to explain America's economic success with one word, that word would be "education".... Until now, the results of educational neglect have been gradual - a slow-motion erosion of America's relative position. But things are about to get much worse, as the economic crisis ... deals a severe blow to education across the board.... We need to wake up and realize that one of the keys to our nation's historic success is now a wasting asset. Education made America great; neglect of education can reverse the process.
Paul KrugmanSufis 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 NasrThe years of the economic depression have been years of political reaction, and that is why the economic crisis has generated a world peace crisis.
Arthur HendersonI 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 LimbaughCapitalism 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 BellocEvery bank should give an economic opportunity to one woman, one dalit or one tribal person to become entrepreneurs. This will create many job opportunities. So this is the basis of my economic philosophy.
Narendra ModiIf we're going to talk about economic fairness, or about fairness, one of the most pressing economic issues facing families, seniors, and job creators in Missouri and across America is the strain of skyrocketing gas prices.
Roy BluntThe single biggest stimulus to the economy are the unemployment benefits we're paying. These people go out and they spend the money. They go out and they have to get by to everything from paying their mortgage or buying food or just getting by. It has a significant impact on economic growth and the continuation of economic growth.
Joe BidenInclusive economic institutions require secure property rights and economic opportunities not just for the elite but for a broad cross-section of society.
Daron AcemogluI don't want to go back into space for military reasons, but the economic driver still remains. And so it's a matter of people understanding how that economic driver is revealed with healthy investments on the space frontier.
Neil deGrasse TysonPositivism eliminates any kind of natural law principle - for example, that there are economic laws which can be transgressed only at your peril. With positivism, there is a tendency to leap into ad hoc economic theory.
Murray RothbardThe economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.
Ben BernankeThe 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 JacobsIt 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 PilzerA nation with a strong defence industry will not only be more secure. It will also reap rich economic benefits - it can boost investment, expand manufacturing, support enterprise, raise the technology level and increase economic growth in the country.
Narendra ModiThe Church encourages those in power to be truly at the service of the common good of their peoples. She urges financial leaders to take account of ethics and solidarity. And why should they not turn to God to draw inspiration from his designs? In this way, a new political and economic mindset would arise that would help to transform the absolute dichotomy between the economic and social spheres into a healthy symbiosis.
Pope FrancisFor more than 3,000 years, China and India accounted for half of the world's economic output. But then the Industrial Revolution gave North America and Europe 150 golden years. If you take the long-term perspective, our economic dominance has been more of an exception than the rule.
Paul AchleitnerHow is it that we have created an economic system that tells us it is cheaper to destroy the earth and exhaust its people than to nurture them both? Is it rational to have an pricing system which discounts the future and sells off the past? How did we create an economic system that confused capital liquidation with income?
Paul HawkenAn economic message, an economic platform unites the factory worker in Scranton, the young woman in Los Angeles struggling to pay her college debt and the single mom in Buffalo who's on minimum wage.
Charles SchumerMike 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 DyerThe idea that political freedom can be preserved in the absence of economic freedom, and vice versa, is an illusion. Political freedom is the corollary of economic freedom.
Ludwig von MisesSustainability 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 HawkenHuman rights are particularly cherished by the West, which has never acknowledged economic rights. Human rights mean freedom from politcal oppression, tyranny and abuse, while economic oppression, tyranny and abuse are built into the very structures of globalization.
Jeremy SeabrookDonald Trump wants to dramatically reduce America's corporate tax rate (to 15%) and thereby unleash economic growth. Hillary Clinton hasn't said a word about lowering corporate tax rates. Being a Fedzillacrat, you don't need to be an economic soothsayer to know that she supports taxing the producers and further strangling America's anemic economy.
Ted NugentThe quickest and surest way to production, prosperity, and economic growth is through private enterprise. The best way for governments to encourage private enterprise is to establish justice, to enforce contracts, to insure domestic peace and tranquility, to protect private property, and to secure the blessings of liberty including economic liberty - which means to stop putting obstacles in the way of private enterprise.
Henry HazlittDomesticity is a fact of how social structure works. So if you say, "Well being domestic as a female is a negative trait," then that would be like saying, "Having a family - because that's an economic unit designed to further the economic structures in the world - if you have a family then you're subjugated."
Jim JarmuschWe don't measure whether an economy is developing. We just measure whether companies are selling more, whether inventories are up or down, not whether the health, safety and economic well-being of people are being advanced.
Ralph NaderIt will be sufficient to point to the enormous burdens which armaments place on the economic, social, and intellectual resources of a nation, as well as on its budget and taxes.
Ludwig QuiddeCapitalism rules worldwide, and a society whose economic fabric depends on constant growth requires that its citizens have ever-expanding needs and wants... In the West, it will take one with soul force equal to Gandhi's to change the prevailing dogma of ever increasing GNP. We may be forced to change our profligate ways some day, when the soil is depleted, the aquifers drained, the icecaps melted, and all the oil wells pumped dry. But the crisis will wait another fifty years or so; we'll leave those problems to a generation yet unborn.
Philip YanceyThis is true only because the purposes and objectives of the Committee for Industrial Organization find economic, social, political and moral justification in the hearts of the millions who are its members and the millions more who support it.
John L. LewisIf you analyze the production of coca in Colombia, you will realize that it is like economic cycles. It goes up and down, it goes up and down depending on the circumstances.
Juan Manuel SantosIf our economic system is to survive, there has to be a better distribution of wealth ... we can't have a system where some people live in superfluous, inordinate wealth, while others live in abject deadening poverty.
Martin Luther King, Jr.The 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. SchumpeterWhen I talk about an "empathy bank," I don't mean literally opening up a bank and putting in deposits. What I mean is that the more we can, as individuals and as members of a community, empathize with, understand the pain and uncertainty economic crisis causes other people, the more we lay the groundwork for political change.
Sasha AbramskyI 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 ObamaOutsourcing was the bogeyman of the 90s. Protectionists portrayed it as an evil that would take American jobs away. Yes, some jobs did go offshore as people feared, but it made the global economic pie grow bigger.
Vivek WadhwaMy father was a mailman. His father was a coal miner. My mother's mother could barely speak English. And their son today stands on this podium in the great state of Ohio not only as the governor, but a candidate for president of the United States.I do believe in miracles.I've had a lot of elections. But my elections are really not about campaigns. I tell my people that these are about a movement.A movement to do things like provide economic growth. And a movement not to let anybody be behind.
John Kasich