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Economic Quotes

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Economic Quotes

“After long centuries, agrarian civilization is weakening. Is sufficient attention being devoted to the arrangement and improvement of the life of the country people, whose inferior and at times miserable economic situation provokes the flight to the unhappy crowded conditions of the city outskirts, where neither employment nor housing awaits them?”

“One of the proven ways of getting workers more involved with their jobs is by dovetailing employee profit-sharing and stock ownership plans with greater responsibility sharing... Trade unions in this country should... consider these arrangements much more carefully than they have up to now... Expanded employee profit participation and stock ownership would provide workers with a greater measure of economic and social independence, thus stimulating increased productivity.”

“Our economic assistance must be carefully targeted, and must make maximum use of the energy and efforts of the private sector... Economic freedom is the world's mightiest engine for abundance and social justice... Developing countries need to be encouraged to experiment with a growing variety of arrangements for profit sharing and expanded capital ownership.”

“In fact, technology in, and of, itself does not cause particular kinds of change. It is, essentially, an enabling or facilitating agent. It makes possible new structures, new organizational and geographical arrangements of economic activities, new products and new processes, while not making particular, outcomes inevitable.”

“Monetary calculation is not the calculation, and certainly not the measurement, of value. Its basis is the comparison of the more important and the less important. It is an ordering according to rank, an act of grading (Cuhel), and not an act of measuring. It was a mistake to search for a measure of the value of goods. In the last analysis, economic calculation does not rest on the measurement of values, but on their arrangement in an order of rank.”

“I got a chance to be in a society where the barriers between classes - social and economic - are not insuperable, where money is not everything all the time. Americans have been manipulated into a space by those who profit from the arrangements of that system. People feel a conscious disease - a dis-ease or an unease - but I don't think they know what causes it.”