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Economic Quotes

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Economic Quotes

“Actually we've had a black bourgeoisie or the makings of a black bourgeoisie for many more decades.In a sense the quest for the emancipation of black people in the US has always been a quest for economic liberation which means to a certain extent that the rise of black middle class would be inevitable. What I think is different today is the lack of political connection between the black middle class and the increasing numbers of black people who are more impoverished than ever before.”

“Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can't print it.”

“In my estimation, there should always be a mixture of economic liberalism - which means small government, a great emphasis on markets - but also a certain degree of social conservatism, not to favor change unless that change is beneficial. So I describe myself as an economic liberal and a social conservative.”

“So-called Individualism is the social and economic laissez-faire: the exploitation of the masses by the classes by means of legal trickery, spiritual debasement and systematic indoctrination of the servile spirit, which process is known as 'education'.”

“Maybe "having enough" has a second meaning beyond the basic economic security a family needs. Maybe it means accepting that a rich full life with a job and family will be rewarding, but it certainly won't be perfect. As many of us who have combined kids and careers know all too well, some days it's really pretty messy. And that's OK.”

“While I am as convinced a Socialist as the most ardent Marxian, I do not regard Socialism as a gospel of proletarian revenge, nor even, primarily, as a means of securing economic justice. I regard it primarily as an adjustment to machine production demanded by considerations of common sense, and calculated to increase the happiness, not only of proletarians, but of all except a tiny minority of the human race.”

“It [the free market] is an organizational way of doing things, featuring openness, which enables millions of people to cooperate and compete without demanding a preliminary clearance of pedigree, nationality, color, race, religion, or wealth. It demands only that each person abide by voluntary principles, that is, by fair play. The free market means willing exchange; it is impersonal justice in the economic sphere and excludes coercion, plunder, theft, protectionism, and other anti-free market ways by which goods and services change hands.”

“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.”

“Watch the walls come down, whether it's in the South or on Wall Street. When the walls come down, what do we find? More markets, more talent, more capital and growth. Which means that the race and sex discrimination stunt economic growth. It's not good for capitalism. It's not good for America's growth. And it's not morally right.”

“Here we must distinguish between society and culture. A society can be interested in a man or woman only as a political or economic entity; a culture is interested in more. Culture means literally "to cultivate" or "to care for." Cultures care for their peoples as natural, spiritual beings and not simply as workers or consumers.”

“My hope is to get young people to think about ways that they can translate hip-hop's great cultural movement into political power that can change the conditions for America's young, so that young people upon graduating from high school who don't have economic means to go to college can realize other options beyond joining the military and fighting in wars that enrich corporations like Halliburton which should feel guilty about profiteering off of a war that is being fought on the backs of those locked out of America's mainstream economy.”

“She [Hillary Clinton] knows the people well. I think there is - you know, also talking about breaking down barriers and talking about that, whether we`re talking about that in economic terms. I mean, she`s the only person who has been out there talking about white privilege and talking about sort of the intersectionality of some of these issues.”

“In the nearer term, the likeliest source of risk is a conflict between China and the U.S. These are now the two largest economies in the world, and the combination of their economic interdependence, the sharp differences in their political and economic values, and the growing divergence in their interests makes this relationship potentially dangerous for everyone who might be affected by it - which means pretty much everyone.”

“Diligence means to be keen in matters of virtue and justice, but worldly people use diligence to solve their economic difficulties. Frugality means to have little desire for material goods, but worldly people use frugality as a cover for stinginess. Thus do watchwords of enlightened life turn into tools for the private business of small people. What a pity!”

“This is a very important issue that the corporate media chooses not to talk about a whole lot, that we have an economic system which is rigged, which means that at the same time as the middle class of this country is disappearing, almost all of the new income and wealth in America is going to the top 1 percent. You have the top one-tenth of 1 percent owning almost as much wealth as the bottom 90 percent - 58 percent of all new income is going to the top 1 percent.”

“Germany's potential makes up about 20% of the EU's overall economic power, including Great Britain. The German army is by no means strong enough to guarantee the security of the EU's two endangered flanks - in the east and in the south. So all that remains for Germany is partnerships with its neighbours and other EU member states. Germany should stick to that role.”