Economic Quotes
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Yet in order to make sure the European social model keeps up with the pace of economic change that is now necessary, the EU must embrace a new approach to lawmaking.
John Hutton
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Including the value of natural resources and our social capital in national accounting is a vital step to achieve economic growth that is equitable and sustainable.
Achim Steiner
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Since Social Security was established by President Franklin D. Roosevelt in 1935 to ensure economic security for American workers, poverty among American seniors has dramatically declined.
Steve Israel
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Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.
Friedrich August von Hayek
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We in India, as a result of our planned economic development, not central planning, but mixed planning, mixed economy, we have experimented with, we have moved to a stage of partial maturity of the economy, when we needed new forms of management, new forms of, expression of the spirit of enterprise, so that the economy can move forward. The compulsion to liberalisation and globalisation arose from this. This is why we say that India's liberalisation is an irreversible process....and, in a vast country, with millions of people and poverty, rampant, we cannot liberalise recklessly, in such a way that the balance of the society is upset and while some sections would flourish, make profits, the rest of the people would be left without employment and be helpless. Therefore, we have to have a balanced approach to liberalisation and also to globalisation.
K. R. Narayanan
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Then there is another area of activity - economic interaction between Russia and the United States. Right now, for example, it has already been made public that we signed a large deal to privatise one of our biggest oil and gas companies, Rosneft. We know for sure that US companies, as well as Japanese ones, by the way, are keenly interested in cooperation in Russia's oil and gas sector, in joint work. This has immense significance for world energy markets and will directly affect the whole world economy.
Vladimir Putin
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It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.
Murray Rothbard
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The presumed causes of Americas troubles can be summed up simply: the evils of unlimited competition, and abuses by those with economic power.
Charles A. Reich
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The remarkable fact is not how much government does to control economic activity, but how much it does not do.
Paul Samuelson
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The myth of the inevitability of economic globalization is based largely on the work of Milton Friedman, and easily the most underreported story of our time is that the current economy proves Friedman flatly wrong.
Molly Ivins
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The fact is that life has become a sweepstake. Millions of people who have lost the sense of being able to make anything of the collective effort of shaping their economic society, now expect fortune to descend like pie from the sky.
Max Lerner
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The raw fact is that every successful example of economic development this past century every case of a poor nation that worked its way up to a more or less decent, or at least dramatically better, standard of living has taken place via globalization, that is, by producing for the world market rather than trying for self-sufficiency.
Paul Krugman
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Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state.
Carl Menger
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Japan's beautiful seas and its territory are under threat, and young people are having trouble finding hope in the future amid economic slump. I promise to protect Japan's land and sea, and the lives of the Japanese people no matter what.
Shinzo Abe
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There has always been, and there always will be, an economic cycle.
Nigel Lawson
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Just like unrestrained economic liberalism, and for similar reasons, sexual liberalism produces phenomena of absolute pauperization. Some men make love every day; others five or six times in their life, or never. Some make love with dozens of women, others with none. It’s what’s known as ‘the law of the market’… In a totally liberal sexual system certain people have a varied and exciting erotic life; others are reduced to masturbation and solitude.
Michel Houellebecq
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The Prime Minister [Shinzō Abe] proposed advancing to a new level of economic engagement, putting forward eight lines of cooperation in the most important and interesting areas both for Russia and for Japan.
Vladimir Putin
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Fashion responds to the economic climate by providing a way to lift a woman's spirits.
Catherine Malandrino
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We're obviously at the edge of something quite new in humanity's experience. That is this globalization process which isn't just economic or social, but involves the interpenetration of cultures, people moving to different places several times in their lifetime, traveling for business or pleasure, and marrying people of very different cultural backgrounds, all of which was almost impossible a hundred years ago.
Thomas Keating
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The marvellous thing about writing, whether it be fiction or journalism, is that it is simultaneously the most intimate and the most anonymous of meetings between people. It is profoundly intimate in reaching into the psyche of another, at the same time as being devoid of social characteristics, cultural characteristics, economic characteristics.
Will Self
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As a practical matter, every immigrant needs to master English to be a full participating citizen and to have full economic opportunity.
Richard Lugar
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We are seeing a working-class, a middle class, which over the last three decades has seen their wages and income stagnate, while the very rich have seen their tax burden lighten in ways not seen in three or four decades. It's a face of a country that we need to look at and understand that inequality is perhaps the greatest threat to our economic recovery and democracy, and in that context we must take action.
Katrina vanden Heuvel