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Economic Quotes

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Economic Quotes

“But the system of prices ruling the market not only transmits information in the light of which economic agents can mutually adjust their actions, it also provides them with an incentive to exercise economy in terms of money.”

Light Action Term Economy Economic Information Exercise Agents Ruling Incentives Transmit

Book:The Republic of Science, Its Political and Economic Theory: A Lecture Delivered at Roosevelt University, January 11, 1962

Source: The Republic of Science, Its Political and Economic Theory: A Lecture Delivered at Roosevelt University, January 11, 1962

“In the background lurks the scourge of international terrorism. There are people exercising power in a few countries and leading political factions in others who seem to be moved by narrow, brutal and irrational impulses. Their view of their own self-interest is so blinkered as to leave no space for purely human values, for peaceful negotiation or for economic advancement. They are bent on the destruction of the established order and of civilised ways of doing business. They must never be allowed to succeed.”

“The world is now unipolar and contains only one superpower. Canada shares a continent with that superpower. In this context, given our common values and the political, economic and security interests that we share with the United States, there is now no more important foreign policy interest for Canada than maintaining the ability to exercise effective influence in Washington so as to advance unique Canadian policy objectives.”

“I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.”

“Political democracy cannot flourish under all economic conditions. Democracy requires an economic system which supports the political ideals of liberty and equality for all. Men cannot exercise freedom in the political sphere when they are deprived of it in the economic sphere.”

Men Political Politics Liberty Support Economy Democracy Economic Conditions Exercise Ideals Liberalism Spheres Deprived Economic Systems Equality For All Liberty And Equality

Book:The Capitalist Manifesto

Source: The Capitalist Manifesto

“Sustainable development is the pathway to the future we want for all. It offers a framework to generate economic growth, achieve social justice, exercise environmental stewardship and strengthen governance.”

“What is the problem of women's freedom? It seems to me to be this: how to arrange the world so that women can be human beings, with a chance to exercise their infinitely varied gifts in infinitely varied ways, instead of being destined by the accident of their sex to one field of activity--housework and child-raising. And second, if and when they choose housework and child-raising to have that occupation recognized by the world as work, requiring a definite economic reward and not merely entitling the performer to be dependent on some man.”

“There is a sort of myth of History that philosophers have.... History for philosophers is some sort of great, vast continuity in which the freedom of individuals and economic or social determinations come and get entangled. When someone lays a finger on one of those great themes--continuity, the effective exercise of human liberty, how individual liberty is articulated with social determinations--when someone touches one of these three myths, these good people start crying out that History is being raped or murdered.”

People Humans Three Individual Social Liberty History Economic Cry Exercise Determination Lays Fingers Philosopher Myth Theme Good People Continuity Individual Liberty

Author:Michel Foucault

“Worldwide, the twentieth century has seen the rise of extraordinary concentrations of economic and political power - evoking the people as the source of power while simultaneously privatizing its most meaningful exercise. Democracy always seems to be at least slightly elusive under such conditions.”

People Seems Political Democracy Economic Conditions Century Source Exercise Extraordinary Meaningful Concentration Twentieth Century Elusive Political Power Most Meaningful

Author:Thomas L. Dumm

“We need additional funding for more U.S. combat brigades in Europe. NATO needs to continue to modernize. It is starting to show with the Russians but these exercises are central to show that the alliance is firm, especially as the E.U. starts to have some weakness on the economic front.”

Needs Shows Economic Fronts Exercise Weakness Europe Starting Firm Combat Funding Alliances Nato

Author:Michael Leiter