Economy Quotes - page 89
When families have less to spend, that means businesses have fewer customers, and households rack up greater mortgage and credit card debt; meanwhile, concentrated wealth at the top is less likely to result in the kind of broadly based consumer spending that drives our economy, and together with lax regulation, may contribute to risky speculative bubbles.
Barack Obama
Tonight, we gather to affirm the greatness of our nation-not because of the height of our skyscrapers, or the power of our military, or the size of our economy. Our pride is based on a very simple premise, summed up in a declaration made over two hundred years ago: "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain inalienable rights, that among these are life, liberty and the pursuit of happiness."
Barack Obama
True science consists in systematically examining all possible cases. Exact political economy has not achieved this until now. It does not even encompass all actual cases. This is one of the reason why exact theory finds itself in opposition to the historical school and why it does not have an awful lot to say to those economists who occupy themselves with issues of practical interest, theories of crisis, cartels and trusts.
Otto Neurath
Aside from Yugoslavia, experiments with decentralization did not extend to planning innovation, the greatest weakness of the socialist economies. Even where markets were allowed to exert more influence over current production, the state was still responsible for planning the future. And state socialism provided only weak incentives for innovation. The Schumpeterian pressure that forced capitalist firms to innovate or die was not present in the planned economy.
Barry Eichengreen
A form of influence such as advertising sets out intentionally to insulate reactors (mindless consumers) from the more conscious and critical selves (potential abstainers) not by multiplying alternatives (as laisser-faire advocates of the market economy would like to believe) but by provoking dormant and partial desires in a way that circumvents the normal, conscious, rational process.
Benjamin Barber
We have allowed the worship of Satanism in the U. S. military, most Americans are not aware of that, and we wonder why it takes us ten years to defeat our weak enemies as Moses said in Deuteronomy 28. How is it that in World War II we whipped the world in four years and now we're bogged down in one lingering war after another that does nothing but rape our economy and kill our young men? Why? Maybe the God of Heaven is not with us. He says when you accept another God, I leave. I'm either the only Lord, or you're on your own. That means stop voting for pagans and putting them in public office.
John Hagee
