Economic Quotes
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Economic history matters. Students of economics should read Charles MacKay and Charles Kindleberger, and should study the history of the Wall Street Crash as well as the theory and the mathematics required to formalize it.
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The fall of one regime does not bring in a utopia. Rather, it opens the way for hard work and long efforts to build more just social, economic,and political relationships and the eradication of other forms of injustices and oppression.
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The Russian people are suffering from economic fatigue and from disillusionment with the Allies! The world thinks the Russian Revolution is at an end. Do not be mistaken. The Russian Revolution is just beginning.
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Our foreign ministries will simply need to sort out some purely technical matters. I see no political restraints here. The same applies to economic matters. We, on our part, are ready. However, let me repeat once again, given that Japan has joined the anti-Russian sanctions, how ready is Japan and how can it do that without breaching its commitments to its allies? We do not know the answer. Only Japan itself knows the answer.
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The primary factor that enables our government to peddle economic snake oil is the dollar's unique role as the world's reserve currency, and our creditors' willingness to preserve its status. By buying up dollars and loaning them back to us through Treasury debt, productive countries give American politicians cart blanche to play Santa Claus.
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Ending the slave trade was contrary to British economic interests. For all its limitations and hypocrisies - British slavery itself, of course, still continued to exist - I still think it was a great moment in human history.
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A country's economic growth may be defined as a long-term rise in capacity to supply increasingly diverse economic goods to its population, this growing capacity based on advancing technology and the institutional and ideological adjustments that it demands.
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Making drawings with text in the first place, it really was born of a desire to be economic, and to do things as simply as possible, and to do as much as I could by the most economic means.
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With engaging prose, Engelman takes readers on a delightful journey?that both entertains and educates ? of modern civilization and women's central role to ensuring the economic and social well-being of their families, communities, nations and the global community.
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If increased government spending with borrowed or newly created money is a 'stimulus,' then the Weimar Republic should have been stimulated to unprecedented prosperity, instead of runaway inflation and widespread economic desperation that ultimately brought Adolf Hitler to power.
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Much of the profession is empirically bankrupt because it is no longer taught economic history.
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They still have some money, and they have needs to supply. They must begin immediately to pool their earnings and organize industries to participate in supplying social and economic demands.
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For Marx, 'pure' economic theory, that is economic theory which abstracts from a specific social structure, is impossible.
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Scepticism and refusal of authority is at the heart of scientific endeavour. Scientific knowledge dictates economic possibilities
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As corollaries to the right of every individual to life and to full participation in society, the Declaration incorporated in the list of human rights the right to work and a certain number of economic, social, and cultural rights.
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Americans overthrew governments only when economic interests coincided with ideological ones.
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Judicial excellence means that a Supreme Court justice must have a sense of the values from which our core of our political- economic system goes. In other words, we should not approve any nominee whose extreme judicial philosophy would undermine rights and liberties relied upon by all Americans.
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Unlike the members of the physical and biological sciences, the economist is asked to explain his work in a manner that is interesting and convincing to a weary listener. Yet there is no reason to believe that the explanation of our economic and social world is inherently simpler than the explanation of our physical world.
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Why am I interested in deficits? The only way you balance the budget in this country long-term is through sustained economic growth. And that's what everything we are doing in this administration is aimed at that end goal.
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That is what has happened to the United States in the international economic scene. We have deteriorated into a debtor status so that we are now dependent upon the kindness of strangers. That is not where the world's leading power should find itself.
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A lot of the interesting issues and dynamics within a city occur over things such as socio-economic issues or ethnic issues. But they require a much more elaborate model of human behavior.
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I have all points of strength, and I have the opportunities to increase our non-oil revenues in many sectors, and I have a global economic network.
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We have to give a sense of economic liberation to the masses and for that, I think the basic thing we have done or we attempted to do, in the beginning, and we have not yet completed that process, is that of land reforms. I think some of the Indian states have been successful in bringing about land reforms but to get a sensation of economic empowerment in society, even a bit of land of their own, is necessary for the common people and it has been shown by Japan, Taiwan, South Korea, which have achieved remarkable economic successes, that land reform was one basic prior thing they did.
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Russia itself is a European country, and not just because our major political and economic centres are in Europe, but because Russian culture is primarily European culture.
