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Economic Quotes

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Economic Quotes

“A masterly analysis of how political interests, economic circumstances, development strategies, and local history have shaped what are surprisingly different versions of the welfare state across the developing world. The authors combine fine-grained country analyses with intelligent use of data, and explain and extend the theory and literature on the modern welfare state. The book is both scholarly and readable.”

“Resentment is at work when one so hates somebody for his more favorable circumstances that one is prepared to bear heavy losses if only the hated one might also come to harm. Many of those who attack capitalism know very well that their situation under any other economic system will be less favorable.”

“But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and cannot, given the financial and economic framework within which the elders are operating. While the moral convictions of individuals are important in the long run, it is institutions that determine the immediate course of events - particularly the institutions of finance.”

“We do not have many women leaders in the world. But if you look at the current examples, most of those few female leaders that we have today lead their countries under the pressure of difficult political and economic circumstances. They all posses strong personalities and have real political influence on the domestic and international scene.”

“Anybody who imagines that an election can be won under these circumstances by banging on about William Ayers and Jeremiah Wright is ... to put it mildly ... severely under-estimating the electoral importance of pocketbook issues. We conservatives are sending a powerful, inadvertent message with this negative campaign against Barack Obama's associations and former associations: that we lack a positive agenda of our own and that we don't care about the economic issues that are worrying American voters.”