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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.
Albert ShankerWe do need a 'new economy,' but one that is founded on thrift and care, on saving and conserving, not on excess and waste. An economy based on waste is inherently and hopelessly violent, and war is its inevitable by-product. We need a peaceable economy.
Wendell BerryThere is a clear and strong link between the economy's present woes and the Iraq war. The war was at least one of the factors contributing to rising oil prices - which meant Americans were spending money on imported oil, rather than on things that would stimulate the american economy. Hiring Nepalese contractors in Iraq, moreover, doesn't stimulate the American economy in the way that building a school in America would do - and obviously doesn't have the long term benefits.
Joseph StiglitzThere isn't a sense of well-being and optimism about the nation's future, but that hasn't attached itself to the Democrats for some reason. They are not accountable. It certainly hasn't attached itself to Obamacare. That's why Hillary Clinton can run around and talk about the need to improve the economy. She ought to be dead politically on that score right there. She ought not be able to cite the economy at all as a positive. She ought not have any credibility at all on the economy.
Rush LimbaughThere 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.
Laurence MeyerAfter all these years, it's still amazing what Obama is allowed to get away with. He says low gas prices in 2009 were caused by a terrible economy, but then claims that the lower number of illegal aliens crossing the border is because of his border policies, not the same lousy economy.
Howie CarrIf you raise taxes on millionaires and billionaires, you'll do nothing to address the debt and the deficit. And the thing you might do is you might finally put this economy over another cliff. These millionaires and billionaires are the folks that try to create jobs and help grow the economy.
Joe WalshI have no interest in celebrities. If all the superrich disappeared, the world economy would not even notice. The superrich are irrelevant to the economy.
Peter DruckerChina is a BRIC country. BRIC country means Brazil, Russia, India and China. This emerging economy really is helping the revival of the world economy.
Michael AntiSo, is there a "new economy?" The answer is: It depends. It depends on how you define new economy, and it depends on where you live.
Laurence MeyerWe do not face a choice between protecting our environment or protecting our economy. We face a choice between protecting our economy by protecting our environment - or allowing environmental havoc to create economic havoc.
Robert RubinThe answers to the human problems of ecology are to be found in economy. And the answers to the problems of economy are to be found in culture and character. To fail to see this is to go on dividing the world falsely between guilty producers and innocent consumers.
Wendell BerryThe most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt. [...] The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor.
Michael HudsonTrickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.
Greg FitzsimmonsPeople ask me, how is managing in the New Economy different from managing in the Old Economy? Actually, it's a lot the same. It's about the financial discipline of the bottom line, understanding your customers, segmenting your customers by their needs, and building a world-class management team.
Meg WhitmanThe government businesses, they all operate in the Tasmanian economy and as the economy strengthens the demand for services in those areas strengthens.
Peter GutweinThe stock market is but a mirror which provides an image of the underlying or fundamental economic situation. Cause and effect run from the economy to the stock market, never the reverse. In 1929 the economy was headed for trouble. Eventually that trouble was violently reflected in Wall Street.
John Kenneth GalbraithYou can't have 23 million people struggling to get a job. You can't have an economy that over the last three years keeps slowing down its growth rate. You can't have kids coming out of college, half of them can't find a job today, or a job that's commensurate with their college degree. We have to get our economy going.
Mitt RomneyWe have created new idols. The worship of the ancient golden calf (cf. Ex 32:1-35) has returned in a new and ruthless guise in the idolatry of money and the dictatorship of an impersonal economy lacking a truly human purpose. The worldwide crisis affecting finance and the economy lays bare their imbalances and, above all, their lack of real concern for human beings; man is reduced to one of his needs alone: consumption.
Pope FrancisThe 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.
Paul GillmorPolitical Economy, in truth, has never pretended to give advice to mankind with no lights but its own; though people who knew nothing but political economy (and therefore knew it ill) have taken upon themselves to advise, and could only do so by such lights as they had.
John Stuart MillI believe strongly that we need a finance industry that is good for the economy, and I don't think anybody would argue that during the eight years leading up to the Great Recession, a lot of bets were made [and] risks taken that weren't good for the economy.
Hillary ClintonWhat's going on in this country? Unions stand against those trends. We've got to somehow insulate the robust American economy from this global economy that seems to want to devour our standard of living.
James P. HoffaLet'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 ObamaThe challenge is either to build an economy that is sustainable or to stay with our unsustainable economy until it declines. It is not a goal that can be compromised. One way or another, the choice will be made by our generation, but it will affect life on earth for all generations to come.
Lester R. BrownIn general, presidents and congressmen have very limited power to do good for the economy and awesome power to do bad. The best good thing that politicians can do for the economy is to stop doing bad. In part, this can be achieved through reducing taxes and economic regulation, and staying out of our lives.
Walter E. WilliamsMy Prime Minister regards the economy as our highest priority and forgets that economics and ecology are derived from the same Greek word, oikos, meaning household or domain. Ecology is the study of home, while economics is its management. Ecologists try to define the conditions and principles that enable a species to survive and flourish. Yet in elevating the economy above those principles, we seem to think we are immune to the laws of nature. We have to put the โecoโ back into economics.
David SuzukiProgress starts with envisioning a new (yet old) lifestyle with the home as central to all aspects of life-work and leisure, food and energy. So, real progress means bringing the economy, beginning with the food economy, home again.
Jules DervaesGiven our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank... need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path. They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.
Alan GreenspanI think back a little bit when President Bush was elected President and what kind of economy he inherited from the Clinton administration. The economy was going down. It was not doing well.
Wayne AllardWhat 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. FosterThe vision behind our idea is a world where people don't carry hazardous chemicals in their bodies, the environment is free of toxic pollutants, and the economy diligently conserves its natural resources for consumers and future generations. We want to make it easier for consumers to create this world through their purchasing decisions and everyday activities.
Jeffrey HollenderThe 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.
Henry HazlittIn London - and forget those extra public pressures on politicians - the lovely old Sloane world of manor houses simply hasn't cut it since Big Bang in 1986, the point at which Mrs. Thatcher really started to achieve her ambition to make this country more like America - its ambition, economy, it's very tangible measures of success.
Peter YorkOur GDP growth rates are creating - our high GDP growth rates, the success of our economy means we're creating lots of disposable income.
John W. SnowDon't let anything like trees in the Clearwater National Forest get in the way of providing jobs and fueling the economy, even if that means cutting down every last tree in the state.
Helen Chenoweth-HageI 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.
Sarah VowellI 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 JohnsonBut I cannot bring myself to believe that I was intended for a musician, because it seems so small a business in comparison with other things which, it seems to me, I might do. Question here: 'What is the province of music in the economy of the world?
Sidney LanierWe have for the first time an economy based on a key resource [Information] that is not only renewable, but self- generating. Running out of it is not a problem, but drowning in it is.
John NaisbittWomen 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.
Jill BidenItโs being reported that the economy lost 95,000 jobs in September. And thatโs just people leaving the White House.
Jay LenoFor an economy built to last we must invest in what will fuel us for generations to come. This is our history - from the Transcontinental Railroad to the Hoover Dam, to the dredging of our ports and building of our most historic bridges - our American ancestors prioritized growth and investment in our nation's infrastructure.
Cory BookerInnovations that are guided by smallholder farmers, adapted to local circumstances, and sustainable for the economy and environment will be necessary to ensure food security in the future.
Bill GatesThe politics of grievance is pervasive. It's spreading. And when you have an economy that has been ripped to shreds like this, and when you have more and more people thinking that there's no economic opportunity - that the game is so rigged that the standard recipes of hard work and education, stick-to-itiveness and so forth don't pay off.
Rush LimbaughPeople think of a business cycle, which is a boom followed by a recession and then automatic stabilizers revive the economy. But this time we can't revive. The reason is that every recovery since 1945 has begun with a higher, and higher level of debt. The debt is so high now, that since 2008 we've been in what I call, debt deflation.
Michael Hudson