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Economic Quotes

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Economic Quotes

“President Bush is an intelligent man. He is not going to declare an economic war against Iraq . [...] I admire your extraordinary efforts to rebuild your country. I know you need funds. We understand that, and our opinion is that you should have the opportunity to rebuild your country. But we have no opinion on Arab-Arab conflicts like your border disagreement with Kuwait .”

“What seems extraordinary is that the richest countries in the world, in terms of economic output, are the ones where we work hardest. You would have thought that the end of all this innovation, technological advancement, and financial wizardry should be to create less work, not more of it.”

“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.”