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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.
Arthur Levitt JrMost 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 tend to go with things people need. Obviously with the barbershop, people will need haircuts regardless of the economy. In a down economy, I choose businesses that don't require a lot of start-up cash or a cash injection on a regular basis. They might need some initially, but not often after. Rental of properties is a good business in a down economy as people struggle with mortgages.
Kamerion WimbleyThe chief moral obligation of the 21st Century is to build a green economy that is strong enough to lift people out of poverty. Those communities that were locked out of the last century's pollution-based economy must be locked into the new, clean and renewable economy. Our youth need green-collar jobs, not jails.
Van JonesA 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")
Wendell BerryAs I constantly remind Canadians, there isnt really a Canadian economy anymore. It is a global economy.
Stephen HarperI 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 DruckerI've never been able to get it straight about what these people who are worried about the trade deficit are worried about. When they say that we're buying too much from overseas, that we're sending too many dollars overseas to get all these goods and services they got, they're saying that the American dollar is too strong and that is hurting our economy. And the result of this will be that the American dollar will get too weak, and that will hurt our economy.
P. J. O'RourkeQualities not regulated run into their opposites. Economy before competence is meanness after it. Therefore economy is for the poor; the rich may dispense with it.
Christian Nestell BoveeYou can have a strong economy or you can help the environment, but you can't do both at the same time. That's ridiculous. In fact, as a sustainable vision for a healthy economy has to involve changing our energy policy and changing with respect to the natural world. Because we're hitting nature's thresholds, we're hitting nature's limits with respect to water and crop yields and energy use and fossil fuels heating the atmosphere at the same time we're past global peak and running out of that.
James CameronI certainly wouldn't say that we loved the arms race. Trillions of dollars were used to stoke it. For our economy, which was smaller in size than the American economy, it was a burden. But one cannot agree with the statement that the arms race played the key role in the collapse of the Soviet Union.
Mikhail GorbachevIndian economy is suffering from policy paralysis and lack of optimism. I am confident that with right kind of decisions, we can once again generate hope and confidence and turnaround our economy.
Narendra ModiThe 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.
Alejandro JodorowskyI 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. 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 BoggsThere's one other element I just want to be sure to mention here: that is that there are 43 million young people who are locked into predatory student loan debt for whom there is no way out in the foreseeable future given the economy that we have: this predatory Wall Street driven financialized low-wage service industry economy.
Jill SteinIf I were a candidate for running, I'd say, "Look at what the economy has done." It's strong. We've created a lot of jobs. I'd be telling people that the Democrats will raise your taxes. I'd be reminding people that tax cuts have worked in terms of stimulating the economy. I'd be reminding people there's a philosophical difference between those who want to raise taxes and have the government spend the money, and those of us who say, "You get to spend the money the way you want to see fit. It's your money."
George W. BushThey'll [China] probably be a fully developed nation. The road there just is not going to be that easy. You're going from a macromanaged, top-down economy to a market-managed, micromanaged type of economy, with all the potential corruption issues, SOE [state-owned enterprise] reform, and market reform that come with it.
Jamie DimonAs I have been arguing for a long time now, there is a real need not simply for a political economy of wealth but also for a political economy of speed.
Paul VirilioToday China is a first world economy, in terms of development. The U.S. may still be in first in GDP but it is a broken economy in reality.
Alejandro Castro EspinPresident 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!
Mitt RomneyRising inequality can create a more highly leveraged economy, and it can then make the economy vulnerable to a crash like 2008.
Adair Turner, Baron Turner of EcchinswellA weak currency is the sign of a weak economy, and a weak economy leads to a weak nation.
Ross PerotWhat'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. HoffaMy 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 SuzukiThe Democratic Party's problem is that voters don't believe the president's claims that the economy is thriving. Even people with jobs feel apprehensive. Paychecks are flat, growth anemic, and people are worried about their children's prospects. Mr. Obama had a 38% approval on handling the economy in the Sept. 9 Fox News poll. In the Sept. 7 NBC News/Wall Street Journal poll, 67% believe America is on the wrong track.
Karl RoveWe've got some fundamental choices to make about the kind of country we want to be. Will we accept an economy where only a few of us do spectacularly well, or are we going to build an economy where everyone who works hard has a chance to get ahead?
Barack ObamaMexico now has the 13th largest economy in the world. The Organization for Economic Cooperation and Development predicts it will have a larger economy than Germany by 2042.
Alan BersinGlobalization can be very unjust and unfair and unequal, but these are matters under our control. Itยs not that we donยt need the market economy. We need it. But the market economy should not have priority or dominance over other institutions.
Amartya SenThe economy of communism is an economy which grows in an atmosphere of misery and want.
Eleanor RooseveltThis is a basic requirement the meaning of globalization is that we should admit that the economy of each country is dependent on the economy of all the others.
Richard GrassoMy 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 AquinoI am excited about focusing full-time on talking about my job-creation agenda and building a new economy for Washington state. We have a great chance to seize our own destiny, build our own industries, and create our own technological revolutions right here at home.
Jay InsleeThe 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.
Henry HazlittOne of the great sadnesses of modern life, because of our disenfranchisement and disillusionment with religion, is that we don't have access to these ideas. Yoga and meditation, for me, is a way of, in this secular world, accessing very very beautiful principles that would perhaps make us happier, at a time when people feel disillusioned with the economy, concerned about the ecology, worried with politicians, and don't trust what they're being told on television.
Russell BrandHughes' debut novel, At Dawn, follows a former All-American wrestler, and is there any better metaphor for contemporary American life? We're all wrestling, tussling with the economy, no jobs, doing the best we can. Hughes doesn't flinch from the tough existential questions. He embraces them.
Joshua MohrIn times of unrest and in an unstable economy, it is very easy to let your attitude slip and begin feeling sorry for yourself. This is precisely when you want to practice healthy attitudinal rules to stay alert, alive and enthusiastic. Don't ever lose the zest for life and life won't lose its zest for you. Say something positive to every person you meet today.
Bob ProctorIn a perfect world we would bring corporate tax rates down to 25% or less so we can get competitive in the world economy. Ultimately, I would love to see a flat tax.
Eric CantorWhat in the rising man was industry and economy, becomes in the rich man parsimony and avarice.
Sarah Josepha HaleMost screenplays, most motion pictures, owe much more to the screenplay. Ingmar Bergman has such an economy of language, so little language in his piece, it is so visual, his moods are introduced and buttressed by camera rather than by word or character. But again, that's unique.
Rod SerlingI think a lot of concern of the people in the north is that one hears constant reports in talking to them is about militarisation and the presence of the army, the entry of the army into civic life, into the economy, the lack of a political settlement.
Paikiasothy SaravanamuttuThe foundations of a strong economy don't rest alone on the decisions of Chancellors or the spending programmes of government.
George OsborneWe 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 NaisbittPeace is nothing more than the regulation of the psycho-political economy of awe and reverential fear, of using the threat of terror in order to bind citizens to the circuit of their subjection.
Simon CritchleyHousing has always been a key to Great Resets. During the Great Depression and New Deal, the federal government created a new system of housing finance to usher in the era of suburbanization. We need an even more radical shift in housing today. Housing has consumed too much of our economic resources and distorted the economy. It has trapped people who are underwater on their mortgages or can't sell their homes. And in doing so has left the labor market unable to flexibly adjust to new economic realities.
Richard Florida