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Economic Quotes

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Economic Quotes

“The free enterprise concept inherent in the economic model of capitalism should mean common people, or lower and middle class wage-earners, have greater potential to rise up and gain financial independence. In reality, however, free enterprise all too often leads to an almost total lack of government regulation that in turn allows the global elite to run amuck in Gordon Gecko-style financial coups.”

“The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.”

Stills States Economy Economic Labor Our Time Enterprise Free Enterprise Dialectics

Book:Economics in Perspective: A Critical History

Source: Economics in Perspective: A Critical History

“Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.”

Country Bits Poor Rich Economic Policy Scales Socialism Enterprise Gore Economic Systems Free Enterprise American Writer Rich Countries Macroeconomics Keynesianism

Book:Bad Samaritans: rich nations, poor policies, and the threat to the developing world

Source: Bad Samaritans: rich nations, poor policies, and the threat to the developing world

“Our Founding Fathers well understood that concentrated power is the enemy of liberty and the rights of man. They knew that the American experiment in individual liberty, free enterprise and republican self-government could succeed only if power were widely distributed. And since in any society social and political power flow from economic power, they saw that wealth and property would have to be widely distributed among the people of the country. The truth of this insight is immediately apparent.”

“If one examines the American idea of freedom, the individual, free enterprise, their Constitution, their political and economic structures as well as their mode of exploiting their natural resources, all these are shrouded in the idea of justice.”

Ifs Wells Ideas Political Politics Individual Natural Justice Economy Economic Resources Constitution Structure Liberalism Enterprise Natural Resources Free Enterprise

Author:Ndabaningi Sithole

“Our example - and commitment - to freedom has changed the world. But along with the genius of our Declaration of Independence, our Constitution, and our Bill of Rights, is the equal genius of our economic system. Our Founding Fathers endeavored to create a moral and just society like no other in history, and out of that grew a moral and just economic system the likes of which the world had never seen. Our freedom, what it means to be an American, has been defined and sustained by the liberating power of the free enterprise system.”

“Americans are better off in a dynamic, free-enterprise-based economy that fosters economic growth, opportunity and upward mobility instead of a stagnant, government-directed economy that stifles job creation and fosters government dependency.”

Government Jobs Opportunity Growth Economy Economic Creation Enterprise Better Off Economic Growth Dependency Stagnant Free Enterprise Mobility Job Creation Upward Mobility

Author:Paul Ryan

“The larger the government, the more our livings standards are reduced. We are fortunate as a civilization that the progress of free enterprise generally outpaces the regress of government growth, for, if that were not the case, we would be poorer each year - not just in relative terms, but absolutely poorer too. The market is smart and the government is dumb, and to these attributes do we owe the whole of our economic well-being.”

Ifs Years Wells Whole Government Would Be Growth Term Cases Progress Economic Civilization Smart Standards Dumb Well Being Fortunate Enterprise Attributes Relative Free Enterprise

Author:Llewellyn Rockwell

“A minimum-wage law, a law that prevents employers and employees from entering into mutually beneficial economic exchanges, is as far from a free market or free enterprise as one can get. That's why it causes so much damage and destruction, especially to black teenagers and others whose labor, for one reason or another, is valued by employers at less than the government-established minimum wage.”

Reason Government Law Causes Black Economic Labor Destruction Teenager Damage Enterprise Employee Minimum Entering Free Market Employers Beneficial Minimum Wage Free Enterprise

Author:Jacob G. Hornberger