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Economic Quotes

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Economic Quotes

“Israel's economic and cultural progress is due to three things: the pioneering spirit that inspires the best of our immigrant and Israeli youth, who respond to the challenge of our desolute areas and the ingathering of the exiles; the feeling of Diaspora Jewry that they are partners in the enterprise of Israel's resurgence in the ancient homeland of the Jewish people; and the power of science, and technology which Israel unceasingly, and not without success, tries to enhance.”

“No country has a perfect report card. While some countries have strong points in specific areas, they may have serious lacunae in other areas. For instance, some countries have made enormous progress on civil and political rights, but lag in the implementation of economic, social and cultural rights.”

“The fallacy is that politicians don't really do much about social issues. They just demonize their opponents as elitists and reap the benefit. It's a stupid way to do politics. Economic issues can more often be addressed concretely, and it would seem logical for people to vote their interests in this area.”

“The president is eager to get to work and looks forward to working with the new Congress on policies that will make sure middle-class Americans are sharing in the economic recovery, but the president is clear that he will not let this Congress undo important protections gained -- particularly in areas of health care, Wall Street reform and the environment.”

“If one is okay with police having guns - whoever is designated as having authority - but panicked at the thought of their fellow man or themselves having guns, then that is someone who does not think like a free person. He places a magical aura around whoever is in charge and only thinks they can wield power. This will come up again in other areas, such as letting government make economic decisions but fearing individual people making those decisions themselves.”

“The issue here is this, that the Government's argument at the present moment is the argument that now the war is over, terrorism is defeated, we have to focus on economic development which in the north and east particular, being the areas where the war was fought, development has to proceed at a pace. That people from those parts of the country are leaving seems to suggest a lack of confidence and certainty in the trajectory of this kind of economic development.”

“The Obama administration seems to be following what might be called 'the Detroit pattern increasing taxes, harassing businesses, and pandering to unions. In the short run, it got mayors re-elected. In the long-run, it reduced Detroit from a thriving city to an economic disaster area, whose population was cut in half, as its most productive citizens fled.”

“According to the management expert Peter F. Drucker, the term "entrepreneur" (from the French, meaning "one who takes into hand") was introduced two centuries ago by the French economist Jean-Baptiste Say to characterize a special economic actor-not someone who simply opens a business, but someone who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield." The twentieth-century growth economist Joseph A. Schumpeter characterized the entrepreneur as the source of the "creative destruction" necessary for major economic advances.”

“Carolyn Maloney has extensive - she's shown over and over again her creativity, her determination, her tenacity in fighting for women's rights. She has passed a host of bills in many different areas, both national and global, with both national and global importance for women, and she's on a Chair of Finance Committee so essentially in this economic crisis, we thought she would be perfect.”