“I think that one of the things that we all agree to is that the touchstone for economic policy is, does it allow the average American to find good employment and see their incomes rise; that we can't just look at things in the aggregate, we do want to grow the pie, but we want to make sure that prosperity is spread across the spectrum of regions and occupations and genders and races; and that economic policy should focus on growing the pie, but it also has to make sure that everybody has got opportunity in that system.” ThinkingWantShouldLooksDoeOpportunityGrowsRaceFocusGrowingEconomicPolicyAgreeAverageProsperitySpreadGenderIncomeEmploymentRegionsOccupationPieSpectrumEconomic PolicyTouchstones Author:Barack Obama
“The economic system that the United States has is an evil empire. It's an economic system that's not fair, not just, and it's not democratic. And it will fall just like communism fell. The richest 1 percent now own 50 percent of the wealth. It didn't use to be that way. The average CEO 20 years ago made 20 times as much as the average employee. Now they make 212 times as much.” WorldWayYearsMadeStatesUseAmericaFallEvilWealthUnitedUnited StatesEconomicModernPercentFairsYears AgoDemocraticAverageCommunismEmployeeEmpiresCeoModern WorldEconomic SystemsNot FairUse To Be Author:Michael Moore
“Roughly 1 in 6 Americans have Irish blood. I'd say it's probably safe to assume that the average Irish-American who only comes out on St. Patrick's Day has no idea of the sort of economic powerhouse Ireland has become.” IdeasBloodEconomicSafeAssumingAverageNo IdeaIrelandSt PatrickSt Patrick's Day Author:Scott McClellan
“The royalists of the economic order have conceded that political freedom was the business of the government, but they have maintained that economic slavery was nobody's business. They granted that the government could protect the citizen in his right to vote, but they denied that the government could do anything to protect the citizen in his right to work and his right to live. Today we stand committed to the proposition that freedom is no half-and-half affair. If the average citizen is guaranteed equal opportunity in the polling place, he must have equal opportunity in the market place.” IfsGovernmentTodayPoliticalOrderOpportunityHalfEconomicCitizensProtectEqualVoteSlaveryAffairAverageCommittedGrantedDeniedPropositionsLive For TodayRight To VoteEqual OpportunityPolitical FreedomPollingConcededEconomic OrderEconomic Slavery Book:The Essential Franklin Delano Roosevelt Source: The Essential Franklin Delano Roosevelt
“The stupidity of the average man will permit the oligarch, whether economic or political, to hide his real purposes from the scrutiny of his fellows and to withdraw his activities from effective control. Since it is impossible to count on enough moral goodwill among those who possess irresponsible power to sacrifice it for the good of the whole, it must be destroyed by coercive methods and these will always run the peril of introducing new forms of injustice in place of those abolished.” MenRealEnoughWholeRunningFormPoliticalPurposeMoralImpossibleSacrificeEconomicActivityMethodFellowsInjusticeAverageStupidityDestroyedPermitIntroducingPerilIrresponsibleGoodwillScrutinyAverage ManIntroducing New Book:Moral Man and Immoral Society: A Study in Ethics and Politics Source: Moral Man and Immoral Society: A Study in Ethics and Politics
“The free market exists to promote prosperity and human life, and that is what it has accomplished, splendidly, with breathtaking brilliance. In the industrialized world, the average person today enjoys a standard of living superior to that of kings and emperors of the past. The whole world's population is capable of enjoying the same marvelous results, if it adopts economic freedom.” IfsWorldHumansPersonsWholeTodayPastEnjoyResultsEconomicKingsCapableStandardsAveragePopulationProsperityWhole WorldSuperiorsHuman LifeAccomplishedMarvelousFree MarketBrillianceEmperorStandards Of LivingAverage PersonBreathtakingEconomic Freedom Author:George Reisman
“The biggest roadblock to middle-class economic advancement is that governments confiscate more than a third of all family income. Each year the average American taxpayer works 127 days - from January 1 until May 7 - just to pay taxes.” YearsMayGovernmentPayClassEconomicMiddleTaxesThirdsAverageIncomeMiddle ClassAdvancementTaxpayersJanuaryRoadblockJanuary 1 Author:Thomas DiLorenzo
“The impact of climate change is relatively small. The average impact on welfare is equivalent to losing a few per cent of income. That is, the impact of a century worth of climate change is comparable to the impact of one or two years of economic growth.” YearsTwoGrowthEconomicCenturyLosingImpactClimateClimate ChangeAverageIncomeWelfareTwo YearsCentsEconomic Growth Author:Richard Tol
“I think that in the colonial imaginary of the average Mexican, in how it drives us, the economic dependence on the US, and in some cases cultural dependence, is quite palpable, very strong.” ThinkingStrongCasesEconomicAverageVery StrongImaginaryDependenceMexican Author:Bocafloja
“Historically, education has been about batch processing: standardize everything against the average, rank kids, sort them to see who gets more and who really doesn't deserve to be there. The problem, even if you're just being selfish from an economic standpoint, is we're not producing the talent we need.” IfsNeedsHas BeensProblemKidsEconomicTalentDeserveAverageSelfishJust BeingStandpointProcessingBeing Selfish Author:L. Todd Rose
“While it is almost certainly true that leaders ought to eat last, the evidence on the ever-widening difference between CEO and average employee pay and the enormous severance packages leaders obtain even as front-line workers see their economic well-being eviscerated makes a mockery of the idea that leaders do anything other than take care of themselves.” WellsIdeasCareLastsDifferencesLinesPayLeaderEconomicFrontsOughtEvidenceWorkersAverageTake CareEnormousWell BeingEmployeeCeoPackagesMockery Author:Jeffrey Pfeffer
“I genuinely did not expect more than half our nation to choose to walk away from our long-term allies into the arms of our new friends Vladimir Putin, Marine Le Pen and Donald Trump. Or that they would do so without an economic plan, a trading strategy, or a credible leader, making the average Briton's future more uncertain than any time since the Blitz.” LongNationsTermWalksHalfLeaderPlansEconomicArmsTrumpStrategyAverageLong TermPensAlliesUncertainTradingMarinePutinCredibleNew FriendsBlitzBritons Author:Brian Reade