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Economic Quotes

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Economic Quotes

“The United States presents a value system to the world that is based on democracy, based on economic freedom, based on individual rights for men and women, .. I think that is what makes us such a draw for nations around the world. People come to the United States to be educated, to become Americans. We are a country of countries and we touch every country, and every country in world touches us.”

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Author:Colin Powell
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“There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know.”

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Book:The End of Economic Man: The Origins of Totalitarianism
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“But if we are to retain freedom, then we can only do so by keeping the determining mass of the citizens the possessors of property with personal control over it, as individuals or as families. For property is the necessary condition of economic freedom in the full sense of that term. He that has not property is under economic servitude to him who has property, whether the possessor of it be another individual or the State.”

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Book:The Crisis Of Civilization
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“Capitalism had arisen through the misuse and exaggeration of certain rights, notably the right of property - the basis of economic freedom - and the right of contract, which is one of the main functions of economic freedom. Therefore, even under Capitalism, so long as the old principles were remembered it was possible to recall the principles whereby Society had once been sane and well ordered.”

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Author:Hilaire Belloc
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“Economic freedom is in our eyes a good. It is among the highest of temporal goods because it is necessary to the highest life of society through the dignity of man and through the multiplicity of his action, in which multiplicity is life. Through well-divided property alone can the units of society react upon the State. Through it alone can a public opinion flourish. Only where the bulk of the cells are healthy can the whole organism thrive.”

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Book:An Essay on the Restoration of Property
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“It is therefore our business to restore economic freedom through the restoration of the only institution under which it flourishes, which institution is Property. The problem before us is, how to restore Property so that it shall be, as it was not so long ago, a general institution.”

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Book:An Essay on the Restoration of Property
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“Let us then repeat and firmly fix this main point: the evil, the root evil, of that to which the term Capitalism has come to be applied, is neither its functioning for profit nor its dependence upon legally protected private property; but the presence of a Proletariat, that is of men possessing political freedom, but dispossessed of economic freedom, and existing in such large numbers in any community as to determine the tone of all that community.”

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Book:The Crisis Of Civilization
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“Liberalism is a force truly of the spirit proceeding from the deep realization that economic freedom cannot be sacrificed if political freedom is to be preserved.”

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Book:Herbert Hoover: Containing the Public Messages, Speeches, and Statements of the President
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“Adam Smith's was a real universalism in intent. Laissez Faire was intended to establish a world community as well as a natural harmony of interests within each nation... But the "children of darkness" were able to make good use of his creed. A dogma which was intended to guarantee the economic freedom of the individual became the "ideology" of vast corporate structures of a later period of capitalism, used by them, and still used, to prevent a proper political control of their power.”

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Author:Reinhold Niebuhr
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“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.”

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Book:Ronald Reagan
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“Coupled with Usury, Unrestricted Competition destroys the small man for the profit of the great and in so doing produces that mass of economically unfree citizens whose very political freedom comes in question because it has no foundation in any economic freedom, that is, any useful proportion of property to support it. Political freedom without economic freedom is almost worthless, and it is because the modern proletariat has the one kind of freedom without the other that its rebellion is now threatening the very structure of the modern world.”

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Author:Hilaire Belloc
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“Government means always coercion and compulsion and is by necessity the opposite of liberty. Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of economic freedom. Where there is no market economy, the best-intentioned provisions of constitutions and laws remain a dead letter.”

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Book:Economic freedom and interventionism: an anthology of articles and essays
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“As political and economic freedom diminishes, sexual freedom tends to compensatingly increase and the dictator... will do well to encourage that freedom in conjunction with the freedom to daydream under the influence of dope, movies, and radio. It will help to reconcile his subjects to the servitude which is their fate.”

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Author:Julian Huxley
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“The economic freedom which is the prerequisite of any other freedom cannot be the freedom from economic care which the socialist promise us, and which can be obtained only by relieving the individual at the same time of the necessity and of the power of choice: it must be the freedom of economic activity which, with the right of choice, inevitably also carries the risk and the responsibility of that right”

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Author:Friedrich August von Hayek
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“Everyone has an equal and absolute right to sovereignty over his own body, his own property, and his own life, and to pursue his own happiness in any way that he chooses. No one has the authority to grant rights to anyone else, because human beings already possess all natural rights at birth. These rights include both personal and economic freedoms, and the only way they can be lost is if someone takes them away by force. The only right that an individual does not naturally possess is the right to violate someone else's liberty.”

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Author:Robert Ringer
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“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.”

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Author:George Reisman
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“The abundance that is offered to us by leaving behind the fossil fuel paradigm is very promising for the world and the people of the world. We will have cleaner air, water, and food; we will have more resources to share with our people. There will be more economic freedom because people will be able to harvest their own energy.”

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Author:Mark Ruffalo
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