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Economic Quotes

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Economic Quotes

“It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth.”

“Freedom of mind and mind itself have been most fully developed in regions where trade developed at the same time. In all ages, without exception, every intense production of art, ideas, and spiritual values has occurred in some locality where a remarkable degree of economic activity was also manifest.”

“Look, America is no more a democracy than Russia is a Communist state. The governments of the U.S. and Russia are practically the same. There's only a difference of degree. We both have the same basic form of government: economic totalitarianism. In other words, the settlement to all questions, the solutions to all issues are determined not by what will make the people most healthy and happy in their bodies and their minds but by economics. Dollars or rubles.”

“With respect to the development of powers devoted to coping with specific scientific and economic problems we may say that the child should be growing in manhood. With respect to sympathetic curiosity, unbiased responsiveness, and openness of mind, we may say that the adult should be growing in childlikeness.”

“I think especially in such an unstable economic environment, what people criticized him [Mitt Romney] for in 2008 his consistency, the fact that he was so strong, and I think people will find that appealing going into the 2012. That’s one of the things that I like about him — because he’s been consistent since he changed his mind.”

“When we planned our country's economic development, we had the strategic objective of our Revolution in mind. It was not planned for economic development [to be] solely an end in itself. There are some who have forgotten that the sole basis of our revolutionary struggle was the ideology and politics which we follow.”

“The sooner the world solves its economic problems, the sooner its inhabitants can afford leisure and peace and get on with the non-material things that are inherently important: the work of mind and spirit that is gloriously and uniquely human, the work that no machine can ever do.”

“I write with two things in mind. I want to be right with my fellow economists. After all, I've made my life as a professional economist, so I'm careful that my economics is as it should be. But I have long felt that there's no economic proposition that can't be stated in clear, accessible language. So I try to be right with my fellow economists, but I try to have an audience of any interested, intelligent person.”

“The mandate entails a generous synthesis of civil, political, economic, social and cultural rights. The title requires the expert to be truly independent, keep an open mind, conduct his/her research objectively and without ideological prejudices, listen to all sides of an argument and seek the opinion of all stakeholders. The essence of an independent expert is not merely his/her expertise - which must be considered a given - but the faculty of thinking outside the box, while rigorously respecting the terms of reference laid down in the resolution establishing the mandate, and observing the code of conduct of rapporteurs.”

“The War of the Roses in England and the Civil War in America were both intestinal conflicts arising out of similar ideas. In the first the clash was between feudalism and the new economic order; in the second, between an agricultural society and a new industrial one. Both led to similar ends; the first to the founding of the English nation, and the second to the founding of the American. Both were strangely interlinked; for it was men of the old military and not of the new economic mind - men, such as Sir Humphrey Gilbert and Sir Walter Raleigh - who founded the English colonies in America.”

“You can't have the space for prosperity and success when you are obsessed with security. It is not possible to obtain unwavering security - physical, emotional, or economic - by having money. Keep in mind that security, like success, can be defined in many ways. If you focus less on how much your financial assets are worth, and more on what a creative and well-balanced individual you can be, security will take on a new meaning.”

“Something terrible has happened to the soul of the Republican Party. We've gone from bad economic doctrine. We've even gone beyond selfishness and special interests. At this point we're talking about a state of mind that takes positive glee in inflicting further suffering upon the already miserable.”

“It is thus hardly surprising that so many of the great minds in recent history have concerned themselves with economic matters. Indeed, they have come to regard economic theory in precisely the same way the ancient philosophers viewed the heavens - as the key to understanding and controlling our fate.”