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Economic Quotes

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Economic Quotes

“My belief is that the purpose of economic life is to meet the social needs of people.”

People Needs Life Is Purpose Belief Social Economic

Author:Maurice Strong

“Capitalism as a social order and as a creed is the expression of the belief in economic progress as leading toward the freedom and equality of the individual in a free and open society. Marxism expects this society to result from the abolition of private profit. Capitalism expects the free and equal society to result from the enthronement of private profit as supreme ruler of social behavior.”

“Man has existed for about a million years. He has possessed writing for about 6,000 years, agriculture somewhat longer, but perhaps not much longer. Science, as a dominant factor in determining the belief of educated men, has existed for about 300 years; as a source of economic technique, for about 150 years. In this brief period it has proved itself an incredibly powerful revolutionary force. When we consider how recently it has risen to power, we find ourselves forced to believe that we are at the very beginning of its work in transforming human life.”

Source: The Impact of Science On Society

“The fantastic political and economic burdens imposed by that treaty have entirely disillusioned the German people and annihilated its belief in justice.”

People Political Belief Justice Economic Burden Fantastic Treaties Disillusioned

Author:Adolf Hitler

“Something is amiss, deeply wrong, something is deeply wrong with the way we're living our lives collectively, with the way we are creating our collective experience on earth. And we are coming to the conclusion that the problem after all is not political, that the problem after all is not economic, that the problem after all cannot be solved with bombs or missiles or bullets, but that the problem in fact is spiritual, that the problem with the world today is as it has always been, a problem of our most basic beliefs. Without a doubt it`s a spiritual awakening and a spiritual revolution.”

“Sociotropic voters with biased economic beliefs are more likely to produce severe political failures than are selfish voters with rational expectations.”

Political Belief Economic Produce Expectations Selfish Rational Voters Severe Biased

Author:Bryan Caplan

“My personal belief is that because technology and economic logic has gotten so sophisticated, cruelties can be perpetrated now that would have been unimaginable two or three hundred years ago.”

Years Has Beens Two Three Belief Technology Economic Hundred Years Ago Logic Cruelty Sophisticated Unimaginable Personal Beliefs

Author:David Foster Wallace

“Three factors--the belief that child care is female work, the failure of ex-husbands to support their children, and higher male wages at work--have taken the economic rug from under that half of married women who divorce.”

Children Care Three Belief Half Support Taken Economic Higher Husband Married Female Males Divorce Factors Wages Exes Married Women Child Care Ex Husband

Author:Arlie Russell Hochschild

“To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm.”

Facts Belief Process Liberty Economic Shapes Economics Harm

Author:Friedrich August von Hayek

“Philosophy can help laymen spot and reject the numerous pseudoscientific beliefs that survive in the media, such as the fantasies of psychoanalysts, evolutionary psychologists, and economic equilibrium theorists.”

Philosophy Helping Belief Fantasy Economic Media Spots Rejects Psychologist Equilibrium Theorists Layman

Author:Mario Bunge

“When I go to a great movie, I can live somebody else's life a little bit for a while. I can walk in somebody else's shoes. I can see what it feels like to be a member of a different gender, a different race, a different economic class, to live in a different time, to have a different belief.”

Feels Littles I Can Different Belief Bits Walks Race Class Economic Members Little Bit Shoes Gender Different Times Different Races Different Beliefs Economic Class

Author:Roger Ebert

“The catastrophe of the atomic bombs which shook men out of cities and businesses and economic relations, shook them also out of their old-established habits of thought, and out of the lightly held beliefs and prejudices that came down to them from the past.”

Men Past Belief Cities Economic Habit Prejudice Relation Bombs Catastrophe Atomic Bomb

Book:H. G. WELLS Ultimate Collection: 120+ Science Fiction Classics, Novels & Stories; Including Scientific, Political and Historical Works: The Time Machine, The Island of Doctor Moreau, The Invisible Man, The War of the Worlds, Modern Utopia, A Short History of the World, What Is Coming, The Story of the Last Trump…

Source: H. G. WELLS Ultimate Collection: 120+ Science Fiction Classics, Novels & Stories; Including Scientific, Political and Historical Works: The Time Machine, The Island of Doctor Moreau, The Invisible Man, The War of the Worlds, Modern Utopia, A Short History of the World, What Is Coming, The Story of the Last Trump…

“Liberalism should be found not striving to spread bureaucracy but striving to set bounds to it. True liberalism seeks all legitimate freedom first in the confident belief that without such freedom the pursuit of all other blessings and benefits is vain. That belief is the foundation of all American progress, political as well as economic.”

Should Firsts Wells Political Found Belief Progress Economic Blessing Benefits Foundation Strive Bounds Spread Pursuit Vain Liberalism Bureaucracy

Book:Herbert Hoover: Containing the Public Messages, Speeches, and Statements of the President

Source: Herbert Hoover: Containing the Public Messages, Speeches, and Statements of the President

“War is no longer made by simply analyzed economic forces if it ever was. War is made or planned now by individual men, demagogues and dictators who play on the patriotism of their people to mislead them into a belief in the great fallacy of war when all their vaunted reforms have failed to satisfy the people they misrule.”

People Ifs Men Made War Play Individual Belief Force Economic Reform Dictator Mislead Fallacy

Book:Hemingway on War

Source: Hemingway on War

“Everybody complains about pork, but members of Congress keep spending because voters do not throw them out of office for doing so. The rotten system in Congress will change only when the American people change their beliefs about the proper role of government in our society. Too many members of Congress believe they can solve all economic problems, cure all social ills, and bring about worldwide peace and prosperity simply by creating new federal programs. We must reject unlimited government and reassert the constitutional rule of law if we hope to halt the spending orgy.”

“My belief in free competitive economic enterprise does not rest solely or even mainly on arguments of economic efficiency, though, heaven knows, these are cogent enough. It rests essentially on the view that the free market is the only safe way of ensuring that productive effort is directed towards supplying what individuals actually want, and in a way which secures the dignity and independence of the worker.”

Knows Way Want Doe Enough Individual Belief Heaven Views Effort Economic Safe Argument Dignity Independence Workers Enterprise Productive Efficiency Free Market Economic Efficiency

Author:Margaret Thatcher

“If you start from a belief that the most knowledgeable person on earth does not have even one percent of the total knowledge on earth, that shoots down social engineering, economic central planning, judicial activism, and innumerable other ambitious notions favored by the political left.”

“If a legislator is safe from competition, or if he represents groups with the same economic and political beliefs, he does not have to change his ideas or respond to the needs of the broader population. He can rest content with a mediocre, absentee performance knowing he will be returned to office. And as he is returned year after year the seniority system gives him immense control over people from other parts of the country whose views he need not heed at all.”

Source: Decisions for a Decade: Policies and Programs for the 1970s

“It is my firm belief that it will be in the interests of the United States, especially our economic interests, to pursue comprehensive immigration reform.”

States Belief Interest United United States Economic Immigration Pursue Reform Firm Comprehensive Immigration Reform Firm Beliefs

Author:Barack Obama