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Economic Quotes

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Economic Quotes

“World War II was fought for the abolition of racial exclusiveness, equality of nations and the integrity of their territories, liberation of enslaved nations and restoration of their sovereign rights, the right of every nation to arrange its affairs as it wishes, economic aid to nations that have suffered and assistance to them in attaining their material welfare, restoration of democratic liberties, and destruction of the Hitlerite regime.”

“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.”

“The events in Prague, together with the Berlin blockade, convinced the European recipients of American economic assistance that they needed military protection as well: that led them to request the creation of a North Atlantic Treaty Organization, which committed the United States for the first time ever to the peacetime defense of Western Europe.”

“In 1988, when democracy was restored, the military establishment was still very powerful. The extremist groups were still there. And when the aid and assistance to Pakistan was cut, we had to adopt harsh economic policies. So in a way, it showed that democracy doesn't pay, and the military was able to reassert itself.”

“So virtuous are the programs said to be - pensions for the elderly, compensation for the unemployed, medicine for the sick, and assistance for the disabled - few dare ring the alarm of looming economic catastrophe that threatens to destabilize the civil society.”