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Economic Quotes

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Economic Quotes

“The issue here really is not whether international trade shall be free but whether or not it makes any sense for a country - or, for that matter, a region - to destroy its own capacity to produce its own food. How can a government, entrusted with the safety and health of its people, conscientiously barter away in the name of an economic idea that people's ability to feed itself? And if people lose their ability to feed themselves, how can they be said to be free?”

“The most important thing is that man should be the measure of all structures, including economic structures, and not that man be made to measure for those structures. The most important thing is not to lose sight of personal relationships - i.e., the relationships between man and his co-workers, between subordinates and their superiors, between man and his work, between this work and its consequences.”

“We know that the only alternative to private competition is government monopoly of enterprise. We know that when government monopolizes production, distribution, and employment, it is no longer the servant of men - it is their master. And, therefore, we know that economic liberty and political liberty are inseparable parts of the same ball of wax - that we must keep them both, or we shall lose them both.”

“Once a nation's population becomes prosperous and secure, for example through economic security and universal health care, much of the population loses interest in seeking the aid and protection of supernatural entities. This effect appears to be so consistent that it may prevent nations from being highly religious while enjoying good internal socioeconomic conditions.”

“What can Americans learn from the Olympics spectacle? According to the IMF, China will succeed America as the dominant economic power in the course of the next presidential term, so Howard Fineman, editorial director of the Huffington Post and MSNBC mainstay, was anxious to pick up tips. 'Brits long ago lost their empire,' he tweeted, 'but overall show us how to lose global power gracefully.' So there's that.”

“One of the factors a country's economy depends on is human capital. If you don't provide women with adequate access to healthcare, education and employment, you lose at least half of your potential. So, gender equality and women's empowerment bring huge economic benefits.”