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Economic Quotes

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Economic Quotes

“I was elected by the people of Australia as Prime Minister of Australia. I was elected to do a job, I intend to continue doing that job. I intend to continue doing it to the absolute best of my ability. Part of that job has been to steer this country through the worst economic crisis the world has seen in 75 years.”

“Dispossessed peasants slash-and-burn their way into the rain forests of Latin America, hungry nomads turn their herds out into fragile African rangeland, reducing it to desert, and small farmers in India and the Philippines cultivate steep slopes, exposing them to the erosive powers of rain. Perhaps half the world's billion-plus absolute poor are caught in a downward spiral of ecological and economic impoverishment. In desperation, they knowingly abuse the land, salvaging the present by savaging the future.”

“The black middle-class in America is a prosperous community that is now larger in absolute terms than the black underclass. Does its existence not suggest that economic adversity is the result of failures of individual character rather than the lingering after-effects of racial discrimination and a slave system that ceased to exist well over a century ago?”

“If the essence of cynicism consists in preferring nature to art, virtue to beauty and science; in not bothering about the letter of things -- to which the Stoic strictly adheres -- but in looking up to the spirit of things; in absolute contempt of all economic values and political splendor, and in courageous defence of the rights of independent freedom; then Christianity would be nothing but universal cynicism.”

“Everyone has an equal and absolute right to sovereignty over his own body, his own property, and his own life, and to pursue his own happiness in any way that he chooses. No one has the authority to grant rights to anyone else, because human beings already possess all natural rights at birth. These rights include both personal and economic freedoms, and the only way they can be lost is if someone takes them away by force. The only right that an individual does not naturally possess is the right to violate someone else's liberty.”

“This Constitutional Republic called America is an historic aberration. Any honest student of history will note that the prevailing socio-economic system is feudalism, where a tiny minority control the vast majority of wealth, power, and resources. In doing so, they have absolute control over the 99% of the population. Power equals control.”