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Economic Quotes

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Economic Quotes

“Resentment is at work when one so hates somebody for his more favorable circumstances that one is prepared to bear heavy losses if only the hated one might also come to harm. Many of those who attack capitalism know very well that their situation under any other economic system will be less favorable.”

IfsKnowsWellsMightHateLossSituationEconomicBearsCircumstancesCapitalismPreparedHeavyHarmHatedResentmentEconomic Systems
Book:The free and prosperous commonwealth: an exposition of the ideas of classical liberalism
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“In what touches their social convictions, most persons do not think. The threat of change, with all it suggests to them in the loss of social and economic privilege, alarms so deeply that they are incapable of unprejudiced thought. They seem to themselves to be thinking, with lucidity and fairness, but since they start from the conviction that change must undoubtedly be for the worse or from settled grief at the thought of losing what is old and lovely, they are doing no more than following a logical sequence of ideas from a false premise.”

ThinkingPersonsIdeasSeemsSocialLossGriefEconomicLosingThreatPrivilegeFollowingConvictionLovelyLogicalFairnessIncapableSequencePremisesAlarmsLucidity
Author:Storm Jameson
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“Single people slip out of the dating market for many social, economic, psychological, and ideological reasons including marriage, illness, bankruptcy, job promotion, exhaustion, and common sense. Inevitably, however, they return because of divorce, boredom, loneliness, and memory loss.”

PeopleReasonJobsSocialMemoriesLossCommonEconomicLonelinessReturnDatingIncludingIllnessDivorceCommon SensePsychologicalBoredomSlipsPromotionIdeologicalExhaustionBankruptcyMemory LossSingle People
Author:Linda Sunshine
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“Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the danger of a loss of quality and earnings power through economic changes or deterioration in management.”

MayRealGivenLossQualityRiskEconomicDangerPeriodsPercentRelationManagementInvestmentDeclineEarningDeteriorationEconomic Change
Book:The Renaissance of value: the proceedings of a seminar on the economy, interest rates, portfolio management, and bonds vs common stocks, September 18, 1974
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“Successful or not, acts of physical courage always bring honor. It is the smaller forms of valor - standing up for principle at the risk of social disapproval, economic loss or injury to career - that require the greatest moral will power. Since there is usually little upside to winning and a significant and often lasting downside to losing, moral courage often requires as much character as physical bravery.”

LittlesCharacterFormWinningSocialLossMoralPrinciplesCareersSuccessfulRiskEconomicHonorLosingStandingBraverySignificantInjuryLastingWill PowerValorMoral CourageDisapprovalPhysical Courage
Author:Michael Josephson
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“It hurt the economic historians, the Marxists and the fabians, to admit that the Ten Hour Bill, the basic piece of 19th century legislation, came down from the top, out of aa nobleman's private feelings about the Gospel, or that the abolition of the slave trade was achieved, not through the operation of some "law" of profit and loss, but peurlet as the result of tyhe new humanitarianism of the Evangelicals.”

FeelingsLawHoursHurtLossResultsPiecesEconomicCenturyTenTradeBillsSlaveProfitOperationsHistorianIt HurtsLegislationHumanitarianism19th CenturyAbolitionMarxistSlave TradeNoblemenProfit And Loss
Author:Barbara Tuchman
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“During the debate over NAFTA President Clinton said, 'I believe that NAFTA will create a million jobs in the first five years of its impact.' WRONG. According to the Economic Policy Institute, NAFTA has led to the loss of more than 680,000 U.S. jobs. I voted against NAFTA and other bad trade agreements and am fighting to stop the TPP.”

YearsFirstsBelieveSaidJobsFightingI BelievePresidentLossMillionsFiveEconomicPolicyTradeImpactClintonDebateFive YearsAgreementInstituteEconomic PolicyPresident ClintonTrade AgreementsNafta
Author:Bernie Sanders
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“The most encouraging trend of our time is the widespread loss of faith in government. No longer do people look to the government as the great problem solver, economic planner, social unifier, or cultural czar. The government is more likely to be seen for what it is, a haven for grafters, liars, and would-be tyrants. Americans, like the Russians, no longer believe anything until it is officially denied.”

PeopleBelieveLooksProblemGovernmentWould BeSocialLossEconomicHavensOur TimeLiarsTrendsTyrantsDeniedPlannersProblem SolversLoss Of FaithCzarsMost Encouraging
Author:Llewellyn Rockwell
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“Sometimes people say to me, 'Well, what was the difference between Kosovo, which was a successful intervention, and Iraq and Afghanistan that have been so difficult?' And the answer is perfectly simple. In Kosovo, you have, after the removal of the loss of its regime, you had a process of political and economic reconstruction that took its part without the intervention of terrorism. If you had the intervention of terrorism, by the way, it would have been extremely difficult there - but we didn't.”

PeopleIfsWayWellsHas BeensSometimesPoliticalProcessDifficultDifferencesLossSimpleAnswersSuccessfulEconomicIraqTerrorismAfghanistanRegimesInterventionReconstructionRemovalKosovo
Author:Tony Blair
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