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Economic Quotes

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Economic Quotes

“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.”

“In studying the fate of our forest king, we have thus far considered the action of purely natural causes only; but, unfortunately, man is in the woods, and waste and pure destruction are making rapid headway. If the importance of the forests were even vaguely understood, even from an economic standpoint, their preservation would call forth the most watchful attention of government”

“Further, economic systems ... have never arranged themselves by themselves. It is men who do the ordering according to their attitudes, desires and understanding of things. Changes take place, not independent of man's will, but on account of man's wills. Civilization has progressed by man's interference with material conditions.”

“I doubt whether there is any subject in the world of equal importance that has received so little serious and articulate consideration as the economic status of the family - of its members in relation to each other and of the whole unit in relation to the other units of which the community is made up.”

“In view of the importance of philanthropy in our society, it is surprising that so little attention has been given to it by economic or social theorists. In economic theory, especially, the subject is almost completely ignored. This is not, I think, because economists regard mankind as basically selfish or even because economic man is supposed to act only in his self-interest; it is rather because economics has essentially grown up around the phenomenon of exchange and its theoretical structure rests heavily on this process.”

“The economic philosophy of black nationalism only means that our people need to be re-educated into the importance of controlling the economy of the community in which we live, which means that we won't have to constantly be involved in picketing and boycotting other people in other communities in order to get jobs.”

“Anybody who imagines that an election can be won under these circumstances by banging on about William Ayers and Jeremiah Wright is ... to put it mildly ... severely under-estimating the electoral importance of pocketbook issues. We conservatives are sending a powerful, inadvertent message with this negative campaign against Barack Obama's associations and former associations: that we lack a positive agenda of our own and that we don't care about the economic issues that are worrying American voters.”

“Carolyn Maloney has extensive - she's shown over and over again her creativity, her determination, her tenacity in fighting for women's rights. She has passed a host of bills in many different areas, both national and global, with both national and global importance for women, and she's on a Chair of Finance Committee so essentially in this economic crisis, we thought she would be perfect.”