Economy Quotes - page 93
I think we are bound as free men-and we townsmen are especially bound, for we only have the power to take the initiative in this great question-we are bound, so far as we are able, by our representatives in Parliament (and I have no doubt it will be one of the consequences of a real Reform Bill), to apply those great principles of political economy, which are the gospel and the charter of industry, as fully to property in land as we have already applied them to property engaged in trade.
John Bright
We live in a capitalist economy, and I have no particular objection to honorable self-interest. We cannot hope to make the needed, drastic improvement in primary and secondary education without a dramatic restructuring of salaries. In my opinion, you cannot pay a good teacher enough money to recompense the value of talent applied to the education of young children. I teach an hour or two a day to tolerably well-behaved near-adults-and I come home exhausted. By what possible argument are my services worth more in salary than those of a secondary-school teacher with six classes a day, little prestige, less support, massive problems of discipline, and a fundamental role in shaping minds. (In comparison, I only tinker with intellects already largely formed.)
Stephen Jay Gould
The rewards of an increasingly integrated global economy have brought forth a new global elite. Labeled 'Davos Men', 'gold-collar workers' or 'cosmocrats', this emerging class is empowered by new notions of global connectedness... Estimated to number about 20 million in 2000, of whom 40 percent were American, this elite is expected to double in size by 2010. Comprising fewer than 4 percent of the American people, these transnationalists have little need for national loyalty, view national boundaries as obstacles that thankfully are vanishing, and see national governments as residues from the past whose only useful function is to facilitate the elite's global operations.
Samuel P. Huntington
GDP! The right concept of economy-wide output, accurately measured. The U.S. and the world rely on it to tell where we are in the business cycle and to estimate long-run growth. It is the centerpiece of an elaborate and indispensable system of social accounting, the national income and product accounts. This is surely the signal innovative achievement of the Commerce Department in the 20th century. I was fortunate to become an economist in the 1930's when Kuznets, Nathan, Gilbert, and Jaszi were creating this most important set of economic time series. In economic theory, macroeconomics was just beginning at the same time. Complementary, these two innovations deserve much credit for the improved performance of the economy in the second half of the century.
Simon Kuznets
[F]amily functions have been outsourced to business... everything is for sale, and money is power... Our elections and our governments should be... commercial-free zones; our environment, air, and water should never fall under the control of corporations or private owners. Children should not be programmed by a huckstering economy...
Ralph Nader
The US is bankrupt.... the US government cannot pass an audit....the accrued liabilities of the federal government "totaled approximately $53 trillion as of September 30, 2007.” No funds have been set aside against this mind boggling liability. Just so the reader understands, $53 trillion is 53,000 billion. The American economy has been devastated by... a free trade ideology that benefits corporate fat cats and shareholders at the expense of American labor. The dollar is failing in its role as reserve currency and will soon be abandoned.
Paul Craig Roberts
Yes. I also put in the book that I felt Hugo Chavez was the Robert Mugabe of our hemisphere. In other words, this is a case for – where leadership is destroying a country. Zimbabwe used to feed South Africa. Today it's a net importer of food because the rule of an incompetent government destroyed the economy of the country.
George W. Bush
Together, we will reclaim America's schools, before ignorance and apathy claim more young lives. We will reform Social Security and Medicare, sparing our children from struggles we have the power to prevent. And we will reduce taxes, to recover the momentum of our economy and reward the effort and enterprise of working Americans. We will build our defenses beyond challenge, lest weakness invite challenge. We will confront weapons of mass destruction, so that a new century is spared new horrors. The enemies of liberty and our country should make no mistake: America remains engaged in the world by history and by choice, shaping a balance of power that favors freedom. We will defend our allies and our interests. We will show purpose without arrogance. We will meet aggression and bad faith with resolve and strength. And to all nations, we will speak for the values that gave our nation birth.
George W. Bush
You start to know, on stage, when to get off. There's just this feeling that you develop from years and years of doing it; you just feel that "We're getting-- Everyone's really having a good time... and I think, in another few minutes, this is going to start to get old... 'Good night, everybody!'" And everyone's happy! [...] It's just... proportions. Y'know? I guess it's a function of art and economy: that economy is essential to all good art. And I thought "Let's-- " Even though we had done a lot [of Seinfeld]: nine years, 180 episodes, I thought "We can't do one too many, or it's gonna taint the whole thing."
Jerry Seinfeld
Throughout the 1960s, the Caribbean island was subjected to countless sea and air commando raids by exiles, at times accompanied by their CIA supervisors, inflicting damage upon oil refineries, chemical plants and railroad bridges, cane fields, sugar mills and sugar warehouses; infiltrating spies, saboteurs and assassins ... anything to damage the Cuban economy, promote disaffection, or make the revolution look bad ... taking the lives of Cuban militia members and others in the process ... pirate attacks on Cuban fishing boats and merchant ships, bombardments of Soviet vessels docked in Cuba, an assault upon a Soviet army camp with 12 Russian soldiers reported wounded... a hotel and a theatre shelled from offshore because Russians and East Europeans were supposed to be present there.
William Blum
Based on their interviews, I felt it was time to speak up about Dr. Fauci and Dr. Birx, two self-promoters trying to reinvent history to cover for their bad instincts and faulty recommendations, which I fortunately almost always overturned. They had bad policy decisions that would have left our country open to China and others, closed to reopening our economy, and years away from an approved vaccine - putting millions of lives at risk.
Donald Trump
I am proud to be your friend, your brother, your leader. ... The Government looks on the peasants, in war and in peace, as the fundamental forces on which the country relies for its success. ... As between the city and the village, I am for the village. ... The time for a prevalently urban policy has passed. ... The people who abandon the land are condemned to decadence. ... I have willed that agriculture take first place in the Italian economy.
Benito Mussolini
I am very anxious to multiply small holdings and small properties in this country. ... I do not think that small holdings are the most economical way of cultivating the land. But there are things of more importance than economy. I believe that a small proprietary constitutes the strongest bulwark against revolutionary change, and affords the soundest support for the Conservative feeling and institutions of the country.
Robert Gascoyne-Cecil, 3rd Marquess of Salisbury
Our government now routinely invades the privacy of its own citizens, then pulls the cloak of national security over its operations to hide its deceptions and blunders from public view. The economy has been trashed, inequality is now at levels not seen since the Great Depression, and at least 5 million more Americans live in poverty than did at the start of the Bush presidency. Many eminent historians and economists are concluding that George W. Bush has earned the distinction of being the "worst president ever." Where is the outrage? The U.S. corporate media and the Democrats complain politely, and then resume their deferential posture to enable the next disaster. The media, so helpful in launching the Iraq War by acting as a conveyor belt for Bush administration lies, has shifted targets and now passes along White House propaganda about Iran.
Amy Goodman
![Whenever we see a growing entity, whether it be a population, a corporation, a bank account, a rumor, an epidemic, or sales of a new product, we look for the reinforcing loops that are driving it and for the balancing loops that ultimately will constrain it. We know those balancing loops are there, even if they are not yet dominating the system's behavior, because no real physical system can grow forever. [...] An economy can be constrained by physical capital or monetary capital or labor or markets or management or resources or pollution. (Donella Meadows)](https://cdn.quotesdtb.com/img/quotes_images_webp/87/donella-meadows-account-balancing-1011087.webp)
Angell argued that in a modern economy no economic benefit could be generated even by successful wars of conquest... Angell's argument showed, beyond reasonable doubt, that war and territorial expansion are not, in general sensible policies. His views have often been derided on the basis that they were falsified by the outbreak of the Great War in 1914, which was pursued to the bitter end even though it destroyed the global market economy that had formed the backdrop to his analysis. But in reality the outcome proved him right. Of course, Germany, the power most influenced by the arguments of Clausewitz and his successors, reaped nothing but grief from the war. But the attempts of the victorious allies to exact reparations, extend their colonial influence and so on were also entirely futile, exactly as Angell had predicted.
Norman Angell
We have introduced the monetary factor not by necessity but by choice. Its advantages are obvious. Self-financed commodity units are not only interest free, but free also from dependence upon credit conditions. They are a step-desirable, it seems to us-in the direction of a goods economy as distinct from a money economy; but this step is taken without violence by merely identifying basic goods with money. It guarantees unfailing purchasing power where it is most needed-among the countless producers of raw commodities.
Benjamin Graham
We cannot leave our topic without saying at least a word about the domestic tyranny that is the inevitable accompaniment of war. The great Randolph Bourne realized that "war is the health of the State." It is in war that the State really comes into its own: swelling in power, in number, in pride, in absolute dominion over the economy and the society. Society becomes a herd, seeking to kill its alleged enemies, rooting out and suppressing all dissent from the official war effort, happily betraying truth for the supposed public interest. Society becomes an armed camp, with the values and the morale-as Albert Jay Nock once phrased it-of an "army on the march."
Randolph Bourne
