Popular quotes about Economy! Wisdom and inspiration are here! | page 12
When you take away the subsistence economy, then your farm population is seriously exposed to the vagaries of the larger economy. As it used to be, the subsistence economy carried people through the hard times, and what you might call the housewife's economy of cream and eggs often held these farms and their families together.
Wendell BerryMost people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of assets by debtors and rent payers.
Michael HudsonI walked away from Kyoto because it would damage America's economy, you bet. It would have destroyed our economy. It was a lousy deal for the American economy. I felt there was a better way.
George W. BushWe're in a tightening cycle and the reason is the economy is growing, there's no expectation that the global economy and the Polish economy as a consequence could slow down dramatically.
Marek BelkaExpense, and great expense, may be an essential part in true economy. If parsimony were to be considered as one of the kinds of that virtue, there is, however, another and a higher economy. Economy is a distinctive virtue, and consists not in saving, but in selection.
Edmund BurkeThis is all about creating good jobs for middle-income Americans, and it's a place where the President, frankly, has failed. His effort to put in place a series of liberal proposals he thought were historic kept his eye off the ball of getting the economy going again. It is the economy, and the American people aren't stupid. They want someone who can get this economy going again.
Mitt RomneyRight now we have an economy in trouble, and someone who spent their career in the economy is more suited to help fix the economy than someone who spent his life in politics and as a community organizer.
Mitt RomneyWell obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.
Iain Duncan SmithWell, I think that when you think about the challenges we face, these are challenges that require us to look forward and not backwards. When it comes to the economy I think we have to recognize that we are now in a global economy. And that the measure of our success is: how well are we training our workers? How well are we investing in the new energy economy?
Barack ObamaOntario's auto sector is a cornerstone of our economy - a key source of our ability to export, innovate and create jobs. In this highly competitive global economy, we need to drive further investment and ensure the sector remains strong. I am confident that this new partnership, with Ray Tanguay's strategic advice and leadership, will allow Ontario to increase our competitiveness, productivity, and market share in the auto sector, and I look forward to their important work contributing to a more prosperous, innovative Ontario economy.
Brad DuguidWe no longer see the world as a single entity. We've moved to cities and we think the economy is what gives us our life, that if the economy is strong we can afford garbage collection and sewage disposal and fresh food and water and electricity. We go through life thinking that money is the key to having whatever we want, without regard to what it does to the rest of the world.
David SuzukiThe whole economy would be much healthier if it would transition to an asset-based economy rather than a credit-based one.
Rick JoynerTo change our national economic story from one of financial speculation to one of future growth, we need a third industrial revolution: a green revolution. It will transform our economy as surely as the shift from iron to steel, from steam to oil. It will lead us toward a low-carbon future, with cleaner energy and greener growth. With an economy that is built to last - on more sustainable, more stable foundations
Chris HuhneThe first thing we better get going is strengthening our economy, because if we don't have a strong economy, we can't pay for all of this. And the world wants us to be able to function from strength, believe it or not.
John KasichIn the name of economy a thousand wasteful devices would be invented; and in the name of efficiency new forms of mechanical time-wasting would be devised: both processes gained speed through the nineteenth century and have come close to the limit of extravagant futility in our own time. But labor-saving devices could only achieve their end-that of freeing mankind for higher functions-if the standard of living remained stable. The dogma of increasing wants nullified every real economy and set the community in a collective squirrel-cage.
Lewis MumfordOne cannot walk into an April day in a negative way. With spring, each man's plans and hopes result in new efforts, fresh actions. All of which has a mighty important bearing on the economy. There are those of us who think that the psychology of man, each and together, has more impact on markets, business, services and building and all the fabric of an economy than all the more measurable statistical indices.
Malcolm ForbesOur consumer-oriented economy wouldn't survive without economic growth. The whole mechanism depends on invention and insinuation of novelties, arousing new wants, seduction and temptation. This is the problem we face - much more than recapitalizing the banks. The question is: Is that kind of economy sustainable?
Zygmunt BaumanI mean, you can't have advertising be the only official business of the information economy if the information economy is going to take over.
Jaron LanierOne of President Obama's winning points last night was about how sanctions against Iran are crippling their economy. And believe me, if anyone knows how to cripple an economy, it's President Obama.
Jay LenoAmerica is the most powerful economy in the world. We're an $18-trillion-dollar economy.
John F. KerryDebts grow and grow. And the more they grow, the more they shrink the economy. When you shrink the economy, you shrink the ability to pay the debts, so it's all an illusion that the system can be saved. The question is, how long are people going to be willing to live in this illusion?
Michael HudsonGrowth is the mantra of our society because the economy can't remain healthy without growth.Impregnable monopolies aside (and these are few), profits are both the hallmark of capitalism and its Achilles heel, for no business can permanently maintain its prices much above its costs. There is only one way in which profits can be perpetuated; a business-or an entire economy-must grow.
Robert HeilbronerOur economy is a hundred times better, than the average African economy. Outside South Africa, what country is [as good as] Zimbabwe?.. What is lacking now are goods on the shelves - that is all.
Robert MugabeI wouldn't necessarily assume that because Capricornia has traditionally been a Labor seat, that it'll go back to the Labor Party this time because the big issue in Capricornia which is based on the city of Rockhampton is the fact that the economy is - the regional economy is in a poor shape as a result, in particular of the decline of the mining industry and they are looking to the Carmichael mine, the Adani project as containing all of the prospects that they see for their future and that is why people in Rockhampton are very, very fearful of a Labor-Greens government.
George BrandisI find it quite useful to think of a free-market economy - or partly free market economy - as sort of the equivalent of an ecosystem. Just as animals flourish in niches, people who specialize in some narrow niche can do very well.
Charlie MungerToday, local economies are being destroyed by the 'pluralistic,' displaced, global economy, which has no respect for what works in a locality. The global economy is built on the principle that one place can be exploited, even destroyed, for the sake of another place.
Wendell BerryAny society that entails the strengthening of the state apparatus by giving it unchecked control over the economy, and re-unites the polity and the economy, is an historical regression. In it there is no more future for the public, or for the freedoms it supported, than there was under feudalism.
Robert HiggsLet's not only provide a jumpstart to the economy and immediately or save 3 million jobs, but let's also put a down payment on some of the structural problems that we have in our economy.
Barack ObamaI'm running for president, because as I go around this nation, I talk to a lot of people. And what I hear is people's concern that the economy we have is a rigged economy.
Bernie SandersBut the macro-economy is not the Whole. It too is a Part, a part of the larger natural economy, the ecosphere, and its growth does inflict opportunity costs on the finite Whole that must be counted.
Herman E. DalyThe economy of communism is an economy which grows in an atmosphere of misery and want.
Eleanor RooseveltI think people are really looking for some way whereby we can grow our souls rather than our economy. I think that at some level, people recognize that growing our economy is destroying us. It's destroying us as human beings, it's destroying our planet. And I think there's a great human desire for solutions, for profound solutions - and that nothing simple will do it. It really requires some very great searching of our souls.
Grace Lee BoggsDespite the large number of mergers, and the growth in the absolute size of many corporations, the dominant tendency in the American economy at the beginning of [the 20th] century was toward growing competition. Competition was unacceptable...it was not the existence of monopoly that caused the federal government to intervene in the economy, but the lack of it.
Gabriel KolkoOur economy has become completely different, on the whole. The size has changed. The economy has almost doubled in size. And the quality is changing, not as fast as we would like it to, but the structure is changing. Our Armed Forces are completely different today from what they were, say 15 years ago or so. All of this, including our great history, great culture, all of this, not just what we see today, is what makes the vast majority of Russia's citizens feel proud for their country.
Vladimir PutinMy biggest disappointment was, of course, the coup attempts, ... The economy was proceeding very well, but in 1989 we had the most serious coup attempt and ... many of the investors who were set to come here had to tell me that they chose to go to other countries because of the uncertainty brought about by (the coup attempt.) If that had not happened, I'm sure our economy would just be booming today.
Corazon AquinoWhat is urgently needed is a bold new move from a consumer economy to a conserver economy in all of the developed countries, and particularly in the United States.
Richard J. FosterWe can tell the general public that the gold and foreign currency reserves of the Central Bank are not designed to finance the economy, but rather to ensure foreign trade turnover. Therefore, we need this level to be able to provide the necessary foreign trade turnover for such an economy as Russia's for a period of at least three months.
Vladimir PutinWhat do the 5%, or the 1% actually use their money for? They lend it back to the economy at large, they load it down with debt. They make their money by lending to the bottom 95%, or the bottom 99%. When you give them more after-tax income, it enables them to buy even more control of government, even more control of election campaigns. They're not going to spend this money back into the goods-and-services economy.
Michael HudsonThe truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.
Ludwig von MisesMost men, after a little freedom, have preferred authority with the consoling assurances and the economy of effort it brings.
Walter LippmannSince achieving their independence in 1992, the people of Croatia have built a democratic society based on the rule of law, respect for human rights, and a free market economy.
Elton GalleglyI have serious concerns about whether it's prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we're sending this money overseas just to pay interest on our debt.
Tim JohnsonThe American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway... It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.
Warren BuffettThe only factor that poses a genuine challenge to the current order is the willingness of human beings to reject the injustice and irrationality of this economy, and stand up for something better. Capitalism will not fall-rather, it must be pushed.
Jim StanfordI believe that without looking at each other as rivals or as competitors, in a democratic India, operating in the framework of an open economy, an open society has, I think, some significance for developing countries, not only in Asia but outside Asia.
Manmohan SinghMuch of the rest of the world has already learned some English. They pretty much understand the American way of doing things, because our culture has been ubiquitous and has been the 500-pound gorilla in the global economy. But the world is far more interrelated than ever before, and no one culture can thrive without the knowledge of how to function in other cultures.
Bill Vaughan