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Economic Quotes

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Economic Quotes

“In economics, the majority is always wrong.”

Inspirational Economic Economics Majority Investing Economist Always Wrong Independent Thinking Economy And Economics Studying Economics

Book:Ambassador's Journal

Source: Ambassador's Journal

“There are major disappointments with the outcomes of Solidarity: corruption, and major pockets of economic backwardness and even poverty. By and large, though, if there were a choice between the life Poles led in the 1970s and 1980s and now, nobody but a lunatic would say they wanted to have back what they had before.”

Ifs Wanted Choices Poverty Economic Majors Majority Disappointment Corruption Outcomes Pockets Solidarity Lunatic

Author:Zbigniew Brzezinski

“This society in which knowledge workers dominate is in danger of a new "class conflict" between the large minority of knowledge workers and the majority of workers who will make their livings through traditional ways, either by manual work... or by service work. The productivity of knowledge work - still abysmally low - will predictably become the economic challenge of the knowledge society. On it will depend the ability of the knowledge society to give decent incomes, and with them dignity and status, to non knowledge people.”

“I am convinced that the majority of the religious hierarchy today deplores the hardship inflicted on our people. I am referring not only to the martyrs but of the families who have been dispersed and terrified, who have no resources, and to the four million unemployed who are suffering from the economic chaos of a country which only a year earlier was giving employment to a million foreigners. Those who have chosen to serve God must feel profoundly sad at seeing ridicule poured on the most sacred principles of our religion.”

Source: The Shah's story

“The majority of Israelis want change, the Netanyahu era is coming to an end. That's not because security issues don't matter but because social and economic issues are dominating the agenda.”

Want Ends Matter Social Change Issues Economic Security Majority Eras Agendas Dominating Coming To An End Economic Issues

Author:Yair Lapid

“So long as the great majority of the poor in any country are inert and are laboring without any hope in this world, the whole associated life of that community rests on an equivocal foundation. Its moral and social order is tied to an economic system which starves and mutilates the great majority of the population, and under such conditions its religion necessarily becomes a spiritual drug, administered for the purpose of subduing the popular discontent and relieving the popular misery.”

“Corporations don't create jobs, customers do. So when all the economic gains go to the top, as they're doing now, the vast majority of Americans don't have enough purchasing power to buy the things corporations want to sell - which means businesses stop creating enough jobs.”

Want Mean Enough Jobs Economic Creating Gains Majority Sells Customers Corporations Purchasing Purchasing Power

Author:Robert Reich

“This Constitutional Republic called America is an historic aberration. Any honest student of history will note that the prevailing socio-economic system is feudalism, where a tiny minority control the vast majority of wealth, power, and resources. In doing so, they have absolute control over the 99% of the population. Power equals control.”

America Wealth Economic Honest Students Resources Absolutes Majority Notes Population Tiny Minorities Republic Historic Prevailing Economic Systems Aberration Feudalism

Author:Howard Nemerov

“I believe there's an emerging American majority for progressive economic change.”

Believe I Believe Economic Majority Progressive Emerging Economic Change

Author:Bill de Blasio

“The majority decision constitutionalizes a distinction between a red leather pouch and a paper bag that is necessarily based at least in some part on economic and class differences and perceptions.”

Differences Decision Class Economic Paper Perception Red Majority Distinction Bags Leather Paper Bags Class Differences

Author:David L. Bazelon

“But very early in life I became part of the majority culture and now don't think of myself as a minority. Yet the university said I was one. Anybody who has met a real minority - in the economic sense, not the numerical sense - would understand how ridiculous it is to describe a young man who is already at the university, already well into his studies in Italian and English Renaissance literature, as a minority.”

Thinking Men Wells Said Real Young Culture Literature Study Economic Mets Majority University Ridiculous Young Man Minorities Italian Renaissance

Author:Richard Rodriguez

“Much of the criticism of economic globalization has centered on factory labor abuses. But the majority of the world's poor are not employed in factories; they are self-employed - as peasant farmers, rural peddlers, urban hawkers, and small producers, usually involved in agriculture and small trade in the world's vast "informal" economy .”

Source: How to Change the World: Social Entrepreneurs and the Power of New Ideas, Updated Edition