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Money is not a part of the visible sector of the economy; people do not consume money. Money is not a physical factor of production, but rather a yardstick for measuring economic input, economic outtake and the relative values of the real goods and services of the economic world. Money provides a method of measuring obligations, rights, powers and privileges. It provides a means whereby certain individuals can accumulate claims against others, or against the economy as a whole, or against many economies.
Louis O. KelsoThe characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a continuous trend toward an improvement in the general standard of living.
Ludwig von MisesYou need in the long run for stability, for economic growth, for jobs, as well as for financial stability, global economic institutions that make sure that growth to be sustained has to be shared, and are built on the principle that the prosperity of this world is indivisible.
Gordon BrownIn the meantime, we have just incredible economic disparities and economic despair in this country and an entire generation that is basically held hostage in debt without the jobs to get out of it. And this is not a world that's working for us, and the climate is going up in flames right now, and the wars are expanding, and we've got 2,000 nuclear weapons on hair-trigger alert. This is not a good picture, and I think the American people are discovering that.
Jill SteinJournalism has always existed in two different realities . . . the economic marketplace and [the] special institution to serve the public interest. The traditional balance between those two has become destabilized. Economic reality has taken over.
Joan KonnerOftentimes when you have the federal government or others step in and start to raise minimum wage, what happens is you take away or reduce some people's opportunity to grab the bottom rung of the economic ladder to get the opportunities and the skills that you need to move up that economic ladder.
Kevin MaddenEconomic progress means the discovery and application of better ways of doing things to satisfy our wants. The piping of water to a household that previously dragged it from a well, the growing of two blades of grass where one grew before, the development of a power loom that enables one man to weave ten times as much as he could before, the use of steam power and electric power instead of horse or human power - all these things clearly represent economic progress.
Kenneth E. BouldingThe problem of numbers can only be dealt with by recognizing that people have a fundamental right to economic security. If you provide them with economic and environmental security, the population will stabilize itself.
Vandana ShivaWhen I first saw China, there were no automobiles. There were no supermarkets. There were no high-rise buildings. There were no consumer goods. There were no restaurants that were at least accessible that foreigners could see. It was a Stalinist society, and a very poor Stalinist society. So the economic system has totally changed, and the private sector in the economic system is now the dominant sector. It didn't exist at all as late as 1979.
Henry A. KissingerFor too many, the dream of economic mobility has been replaced with a nightmare of economic stagnation.
Mario CuomoRather than providing him with economic opportunity, the Act of that name seems designed to make the poor man do penance all his life for the sin of being born into a non-capital-owning family... One searches it in vain for measure designed to provide economic opportunity to the capital owner. But nobody proposes to educate, train, or rehabilitate either him or his children, even when their "unemployment" is notorious.
Louis O. KelsoSo 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 KleinThe cornerstones of this country's operation are economic and political strength and power. The black man doesn't have the economic strength - and it will take time for him to build it. But right now the American black man has the political strength and power to change his destiny overnight.
Malcolm XAs long as there are big corporations, there will be big unions. The economic power of big business will be matched by the economic power of the big unions.
Margaret Chase SmithIf 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 BluntWhen 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 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 BidenImmigrant families have integrated themselves into our communities, establishing deep roots. Whenever they have settled, they have made lasting contributions to the economic vitality and diversity of our communities and our nation. Our economy depends on these hard-working, taxpaying workers. They have assisted America in its economic boom.
Edward KennedyThe cash register did more for human morality than the Congregational Church. It was a really powerful phenomenon to make an economic system work better, just as, in reverse, a system that can be easily defrauded ruins a civilization. A system that's very hard to defraud, like a cash register, helped the economic performance of a civilization by reducing vice, but very few people within economics talk about it in those terms.
Charlie MungerAmerican national security and American economic interests, of course - every president, every secretary of state - that is the primary goal. As you are in this job and in the work, you begin to see, though, that in the long run, both American economic interests and American national security are better served when there are other decent countries in the world who are both your allies and even when your adversaries are acting more decently.
Condoleezza RiceNow we are talking about concluding a free trade agreement between the Eurasian Economic Council, recently established in the post-Soviet space, and China. A similar agreement was concluded a short time ago with Vietnam. Then, we will coordinate, at least we are ready to do this, the Chinese concept of the Silk Road Economic Belt with our newly-created regional organisation. So, do you understand how diverse, multi-faceted and deep Russian-Chinese ties have become over the last couple of decades? And we resolved the border issue.
Vladimir PutinIt is sometimes suggested that the [Nazi economic] recovery was a product of a specific fascist economic strategy, which distinguished it from the recovery efforts of other capitalist states. While few would disagree that the Nazi regime had a number of clear ideological preferences when it came to the economy, the policies pursued in 1933 had much in common with those adopted in other countries, and with the policies of the pre-Hitler governments.
Richard OveryAmong the Mormons, things temporal have always been important along with things eternal, for salvation in this world and the next is seen as one and the same continuing process of endless growth. Building Zion, a literal Kingdom of God on earth, has therefore meant an identity of religious and economic values: in the daily affairs of the Kingdom, Latter-day Saint scriptures call for unity, welfare, and economic independence.
Leonard J. ArringtonThe accepted ideas of any period are singularly those that serve the dominant economic interest...What economists believe and teach, whether in the United States or in the Soviet Union, is rarely hostile to the institutions - the private business enterprise, the Communist Party - that reflect the dominant economic power. Not to notice this takes effort, although many succeed.
John Kenneth GalbraithI 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 TysonAmerica's downgrade may serve as a wakeup call for its policymakers. It is an unambiguous and loud signal of the country's eroding economic strength and global standing. It renders urgent the need to regain the initiative through better economic policymaking and more coherent governance.
Mohamed El-ErianThere is no worse material poverty than one that does not allow for earning oneโs bread and deprives one of the dignity of work. Youth unemployment, informality, and the lack of labor rights are not inevitable; they are the result of a previous social option, of an economic system that puts profit above man; if the profit is economic, to put it above humanity or above man, is the effect of a disposable culture that considers the human being in himself as a consumer good, which can be used and then discarded.
Pope FrancisThe realization of a sustainable economic development strategy for Maine's Native American communities has always been a priority and a critical element of my administration's overall economic development strategy.
John BaldacciEvery 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 ButlerIn Burma, economic engagement enriches the regime, as the economy is controlled by the regime. Economic engagement benefits this elite, not ordinary people. The money is spent on the military, stolen by the elite.
Zoya PhanThe 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 MaathaiFor 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 AchleitnerThe plague did not lead to Europeโs economic collapse. Rather, Europeโs currency-driven economic collapse led to the plague.
Douglas RushkoffMany of us in the West have come to feel that the development of technology in the military and economic fields has produced a single world in which the central problems, both military and economic, are going to require co-operation rather than continued confrontation and competition.
Denis HealeyEconomic freedom has no security without political freedom, and political freedom can find its security only in economic freedom.
Eugen RichterTake a look at NAFTA, one of the worst deals ever made by any country having to do with economic development. It's economic un development as far as America is concerned.
Donald TrumpHuman 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 SeabrookMoreover, for decades we have been prone to far greater swings in the economic cycle than our continental counterparts. It has been boom and bust....Under this Government, there is an entirely new framework for economic management in place.
Tony BlairEconomic growth is the key to everything. But once you have economic growth, it is important that we reach out to people who live in the shadows, the people who don't seem to ever think that they get a fair deal. And that includes people in our minority community; that includes people who feel as though they don't have a chance to move up.
John KasichFailure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored.
Thomas SowellThe so-called liberals of today have the very popular idea that freedom of speech, of thought, of the press, freedom of religion, freedom from imprisonment without trial-that all these freedoms can be preserved in the absence of what is called economic freedom. They do not realize that, in a system where there is no market, where the government directs everything, all those other freedoms are illusory, even if they are made into laws and written up in constitutions.
Ludwig von MisesIt has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate.
Mark ZandiAlready, China has undermined U.S. foreign policy in efforts to gain access to oil resources in Iran and Sudan. We simply cannot separate the political and economic values of oil.
Jo Ann EmersonOld men declare war because they have failed to solve complex political and economic problems.
Art HoppeChina is a one party state. Sooner or later China will get to the point when the new social classes, which have emerged thanks to economic success, will have to be integrated into the political system. There is no guarantee that this process will run smoothly.
Henry A. KissingerWhat we are seeing in cities such as Chicago, Athens and other dead zones of capitalism throughout the world is the beginning of a long struggle for the institutions, values and infrastructures that make critical education and community the center of a robust, radical democracy. This is a challenge for young people and all those invested in the promise of a democracy that extends not only the meaning of politics, but also a commitment to economic justice and democratic social change.
Henry GirouxWe believe this approach (progress sharing) is a rational approach because you cooperate in creating the abundance that makes the progress possible, and then you share that progress after the fact, and not before the fact. Profit sharing would resolve the conflict between management apprehensions and worker expectations on the basis of solid economic facts as they materialize rather than on the basis of speculation as to what the future might hold.
Walter Reuther