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Economic Quotes

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Economic Quotes

“For the first time ever we are capable of removing abject poverty, illiteracy and the diseases of poverty from the human condition. The current intensification of global economic integration has demonstrated that there is enough knowledge, technology and capital to bring development to all the people of the world.”

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Author:Clare Short
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“The development of the doctrine of international arbitration, considered from the standpoint of its ultimate benefits to the human race, is the most vital movement of modern times. In its relation to the well-being of the men and women of this and ensuing generations, it exceeds in importance the proper solution of various economic problems which are constant themes of legislative discussion and enactment.”

MenWorldHumansWellsProblemRaceGenerationsEconomicModernMovementHe ManDevelopmentBenefitsSolutionsMen And WomenUltimateImportanceRelationConstantInternationalVariousDoctrineWell BeingDiscussionHuman RaceThemeExceedStandpointModern TimesEconomic ProblemsArbitration
Author:William Howard Taft
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“Without Russia's contribution, prices would rise even more. Some members of the EU meet 90% of their demands for gas with the help of Russian hydrocarbons and have no complaints so far. Everybody is happy. Russia is a reliable partner and has never failed her partners in Europe, even in the hardest times of its economic development.”

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Author:Vladimir Putin
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“The current economic crisis...has numerous causes and sends a powerful message about the need for a profound revision of the model of global economic development. It's an acute symptom that is added to other more grave and already well-known ones, such as the continued imbalance between wealth and poverty, the scandal of hunger, the ecological emergency and the problem of unemployment, which has now become general. In this context a strategic re-launching of agriculture appears decisive.”

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Author:Pope Benedict XVI
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“This is the first time in the history of mankind that we are setting ourselves the task of intentionally, within a defined period of time to change the economic development model that has been reigning for at least 150 years, since the industrial revolution. That will not happen overnight and it will not happen at a single conference on climate change, be it COP 15, 21, 40 - you choose the number. It just does not occur like that. It is a process, because of the depth of the transformation.”

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Author:Christiana Figueres
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“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.”

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Author:Nancy Birdsall
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“We are delighted that these regulations are now law, and we commend the provincial government for helping put the issue on the front burner. These requirements will push more companies to have the conversations they should be having around board and executive committee diversity and, hopefully, their talent development. Businesses need to tap the full pool of smart, talented people to stay competitive and strengthen our country’s economic future.”

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Author:Alex Johnston
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“No tin-hat brigade of goose-stepping vigilantes or bibble-babbling mob of blackguarding and corporation paid scoundrels will prevent the onward march of labor, or divert its purpose to play its natural and rational part in the development of the economic, political and social life of our nation.”

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Author:John L. Lewis
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“With respect to the development of powers devoted to coping with specific scientific and economic problems we may say that the child should be growing in manhood. With respect to sympathetic curiosity, unbiased responsiveness, and openness of mind, we may say that the adult should be growing in childlikeness.”

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Book:Democracy and Education: Top American Authors
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“Serious research and development efforts are required to produce technologies, strategies, organizations, and trained personnel who can go into failed states, work with our allies and friends, and promote the political and economic reforms that will meet popular needs and reduce the sources of terrorism and conflict.”

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Author:Wesley Clark
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“Government and business must come together on the interlinked issues of conservation, economic development and renewable energy. There are literally thousands of businesses, many in the tourism industry, that depend on an intact marine environment for their long-term survival.”

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Author:Richard Branson
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“The raw fact is that every successful example of economic development this past century – every case of a poor nation that worked its way up to a more or less decent, or at least dramatically better, standard of living – has taken place via globalization, that is, by producing for the world market rather than trying for self-sufficiency.”

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Author:Paul Krugman
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“I believe that the 21st century economy is an economy of people, not of factories. The intellectual factor has become increasingly important in the economy, which is why we are planning to focus on providing additional opportunities for people to realise their potential.”

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Author:Vladimir Putin
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“When we planned our country's economic development, we had the strategic objective of our Revolution in mind. It was not planned for economic development [to be] solely an end in itself. There are some who have forgotten that the sole basis of our revolutionary struggle was the ideology and politics which we follow.”

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Author:Mengistu Haile Mariam
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“There will be no peace in Europe if the States rebuild themselves on the basis of national sovereignty, with its implications of prestige politics and economic protection... The countries of Europe are not strong enough individually to be able to guarantee prosperity and social development for their peoples. The States of Europe must therefore form a federation or a European entity that would make them into a common economic unit.”

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Author:Jean Monnet
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“Liberalism makes this mistake in regard to private property and Marxism makes it in regard to socialized property... The Marxist illusion is partly derived from a romantic conception of human nature... It assumes that the socialization of property will eliminate human egotism... The development of a managerial class in Russia, combing economic with political power, is an historic refutation of the Marxist theory.”

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Author:Reinhold Niebuhr
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“Entrepreneurship is the cornerstone to African development and the key to local value creation in Africa. I am determined to ensure that Africa's next generation of entrepreneurs have the platform they need to turn their entrepreneurial aspirations into sustainable businesses that will drive economic growth and job creation across Africa.”

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Author:Tony Elumelu
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“poverty has no causes. Only prosperity has causes. Analogically, heat is a result of active processes; it has causes. But cold is not the result of any processes; it is only the absence of heat. Just so, the great cold of poverty and economic stagnation is merely the absence of economic development.”

CausesProcessResultsPovertyEconomicColdDevelopmentProsperityActiveAbsenceHeatStagnationEconomic Development
Book:The Economy of Cities
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