Quotes About Economy

Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.

It's time to admit that public education operates like a planned economy, a bureaucratic system in which everybody's role is spelled out in advance and there are few incentives for innovation and productivity. It's no surprise that our school system doesn't improve: It more resembles the communist economy than our own market economy.

Only by transforming our own economy to one of peace can we make possible economic democracy in the Third World or our own country. The present economy generates wars to protect its profits and its short-term interests, while squandering the future. Unless we transform the economy, we cannot end war.

I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake, which is that deregulation works fine in industries which do not pervade the economy. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.

There are broader and narrower definitions of the new economy. The narrow version defines the new economy in terms of two principal developments: first, an increase in the economy's maximum sustainable growth rate and, second, the spread and increasing importance of information and communications technology.

A proper community, we should remember also, is a commonwealth: a place, a resource, an economy. It answers the needs, practical as well as social and spiritual, of its members - among them the need to need one another. The answer to the present alignment of political power with wealth is the restoration of the identity of community and economy. (pg. 63, "Racism and the Economy")

World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy to get securely out of this decline. This time, the war [in Iraq] is bad for the economy in both the short and long run. We could have spent trillions in research or education instead. This would have led to future productivity increases.

I voted against the climate-change legislation. Not that I don't believe we should move to a clean-energy economy, and it can be good for South Dakota's economy to do so, but it was started out as a very partisan bill in the committee.

When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.

If you surrender everything to the government and give it total power to plan the whole economy, this will not guarantee your economic security, but it will guarantee the descent of the entire nation to a level of miserable poverty--as the practical results of every totalitarian economy, communist or fascist, have demonstrated.

Capitalism is very far from a perfect system, but so far we have yet to find anything that clearly does a better job of meeting human needs than a regulated capitalist economy coupled with a welfare and health care system that meets the basic needs of those who do not thrive in the capitalist economy. If we ever do find a better system, I'll be happy to call myself an anti-capitalist.

Why is it so hard to see that when America had high savings, low taxes and minimal government, the economy grew like a week, and today when we have just the opposite, the economy is shrinking.?

Engineers do engineering, i.e. they build bridges. So engineering needs engineers. The economy does NOT need economists. Economists do not make economy, but they try it and that is why we have so much problems with some financial models.

India went through a dramatic revolution after the '90s when our economy started opening up for the first time and Indians were now experiencing the Western life, if you will. Drugs and sex and a lot of those influences came in as the economy stabilized, and we were growing up and experiencing that. The Indian writing market was very small at that time. Our literature was very attuned to what Western audiences were interested in, so everybody was writing about the slums in India and magic realism or stories about Hindus and Muslims and partition.

You would think that if neoliberals were in any way honest, after the collapse of the Soviet Union the first thing to do is get rid of the Red Army and the KGB, and build up the economy. Instead, they just get rid of the economy and keep the military and the KGB.

I think the fact that our economy has changed dramatically over the last 20 years. It's a new economy that has really left some people behind but it has also leveled the playing field in way that has really provided access to women and people of every color, race, and creed to participate and thrive. So while that's not explicitly a women's issue, what it highlights is that women have more opportunities than they've ever had in this country.

One of the reasons why this country undertook military action in Iraq was that there are quite a few problems here, and perhaps attention needed to be deflected from those problems. It sometimes seems that the U.S. economy works successfully only if it gets a stimulus from the defense industry. So perhaps in addition to showing the power and the might of the United States internationally, another reason was to help the defense industry and to help the U.S. economy recover.

In the eighties and nineties, the innovation agenda was exclusively focused on enterprises. There was a time in which economic and social issues were seen as separate. Economy was producing wealth, society was spending. In the 21st century economy, this is not true anymore. Sectors like health, social services and education have a tendency to grow, in GDP percentage as well as in creating employment, whereas other industries are decreasing. In the long term, an innovation in social services or education will be as important as an innovation in the pharmaceutical or aerospatial industry.

Instead of the primitive raw material economy, we will create a smart economy generating unique knowledge, new useful things and technologies. Instead of the archaic society, in which the leaders think and make decisions for everyone, we will become a country of intelligent, free and responsible people.

One 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.

The first thing I didn't understand was my life. It's a mystery. And today I don't understand economy or politics. I don't know why politics or economy are destroying the world, but I will understand after understanding.

President Obama's view of a free economy is to send your money to his friends. My vision for a free enterprise economy is to return entrepreneurship and genius and creativity to the American people!

I think this is a moment of a lot of possibilities, and openings. Occupy and the 99% movement are really going to break through, and we are going to create a new economy, an economy that we need that works for everyone. Where everyone works, everyone counts and everyone contributes.

All of the easy oil is gone and what's left is requiring more energy and money and this has an effect on everything. Our problem is that we've created an infrastructure that's so dependent on oil. As oil becomes more expensive we're going to be locked into the transportation modes that our economy depends on. So we really need to start building an alternative economy before we get caught in a trap of our own making.

I was not part of the golden age of the record industry, when musicians and producers were making real money. So I have no nostalgia about that time and I enjoy trying to build a new economy, a more humble one. And since I expect to sell only niche music, I feel quite solid, in this little economy. I know we will not become rich with this, but this is not the goal.

The American economy has always been driven by the entrepreneurial nature of its citizens, and blocking access to affordable health care will only suffocate growth within the small business sector of our economy.

You know, out-of-touch liberals like Barack Obama say they want a strong economy, but in everything they do, they show they don't like business very much. But the economy, of course, is simply the product of all the businesses of the nation added together. So it's a bit like saying you like an omelet, but you don't like eggs.

You know, I think my biggest concern [if Mitt is elected], obviously, would just be for his mental well-being. I have all the confidence in the world in his ability, in his decisiveness and his leadership skills, in his understanding of the economy, in his understanding of what's missing right now in the economy - you know, pieces that are missing to get this jump-started. So for me I think it would just be the emotional part of it.

I tell you, the economy is in bad shape. In fact, the economy is so bad, President Barack Obama's new slogan is 'Spare Change You Can Believe In.'

What is it about a work of art, even when it is bought and sold in the market, that makes us distinguish it from . . . pure commodities? A work of art is a gift, not a commodity. . . works of art exist simultaneously in two “economies”, a market economy and a gift economy. Only one of these is essential, however: a work of art can survive without the market, but where there is no gift, there is no art.

70 to 80 percent of country economy is controlled by the Bolivian state, and the other percentage by the private sector. We admit that it's legal, constitutional, that the private sector is entitled to its own economy, but to ensure these profound changes that clearly this government is promoting, including profound changes in the food industry, what we are doing is an important step.

People are are moving away from the fossil fuel-based economy, to a more renewable economy. That is what is called the 'transition town' movement. There are three hundred towns in Britain that are making this transition. Taking energy from solar power, from wind power, from water power.

Social solidarity must rest instead on the sole secure basis it can have: direct responsibility of people for one another. Such responsibility can be realized through the principle that every able-bodied adult holds a position within the caring economy - the part of the economy in which people care for one another - as well as within the production system.

People are enduring more than a temporary financial crisis. We are witnessing a fundamental shift in the economy. Companies and industries will in great measure no longer grow by borrowing vast capital to make huge acquisitions. The way to grow to critical mass - the Google way - will be to become platforms and networks that enable others to build businesses, grow, and succeed.

I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals.

I am committed to strengthening our agricultural economy by protecting the unique interests of small and medium size family farms so that they can continue to operate.

The main piece of technology in the green economy is a caulk gun.

Our economy is on the move and we are creating thousands of new jobs, but we need to keep our foot on the gas pedal.

Issues are won based upon whether or not you can keep this economy strong; elections are won based upon economic issues and national security issues.

I talk about going to his [George W. Bush's] Inauguration and crying when he took the oath, 'cause I was so afraid he was going to "wreck the economy and muck up the drinking water"... the failure of my pessimistic imagination at that moment boggles my mind now.

There is no kind of freedom and liberty other than the kind which the market economy brings about.

University presidents should be loud and forceful in defending the university as a social good, essential to the democratic culture and economy of a nation. They should be criticizing the prioritizing of funds for military and prison expenditures over funds for higher education. And this argument should be made as a defense of education, as a crucial public good, and it should be taken seriously. But they aren't making these arguments.

Supporting local farmers is important to me, which is not only good for the local economy and better for the environment, there is evidence that eating locally grown food strengthens your immune system.

I 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.

Women who earn a certificate or degree from a community college, especially in STEM-related field, will be ready to move into a good-paying job in the growing global economy. Community colleges also offer mentorship and support that goes far beyond the classroom.

There is a theory that basically says that we can shred regulations and consumer protections and give more and more to the most, and somehow prosperity will trickle down. It hasn't worked. And I think that the fundamentals of the economy have to be measured by whether or not the middle class is getting a fair shake.

Much 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.

There is no part of the administration of government that requires extensive information and a thorough knowledge of the principles of political economy, so much as the business of taxation. The man who understands those principles best will be least likely to resort to oppressive expedients, or sacrifice any particular class of citizens to the procurement of revenue. It might be demonstrated that the most productive system of finance will always be the least burdensome.