“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?” PeopleIfsSaidIdeasCountryMatterGovernmentNamesLosesAbilityIssuesEconomicProduceCapacitySafetyTradeInternationalRegionsInternational Trade Author:Wendell Berry
“Radicals, on the other hand, want to advance from the jungle of laissez-faire capitalism to a world worthy of the name of human civilization. They hope for a future where the means of economic production will be owned by all of the people instead of just a comparative handful. They feel that this minority control of production facilities is injurious to the large masses of people not only because of economic monopolies but because the political power inherent in this form of centralized economy does not augur for an ever expanding democratic way of life.” PeopleWorldWayWantFeelsHumansMeanDoeHandsFormPoliticalPoliticsNamesEconomyEconomicCivilizationMassCapitalismDemocraticProductionsWorthyRadicalLiberalismMinoritiesInherentExpandingJungleMonopolyHandfulFacilityPolitical PowerLaissez FaireHuman CivilizationLaissez Faire Capitalism Author:Saul Alinsky
“Rather than providing him with economic opportunity, the Act of that name seems designed to make the poor man do penance all his life for the sin of being born into a non-capital-owning family... One searches it in vain for measure designed to provide economic opportunity to the capital owner. But nobody proposes to educate, train, or rehabilitate either him or his children, even when their "unemployment" is notorious.” MenChildrenWisdomSeemsOpportunityPoliticsNamesBornSinPoorEconomyEconomicTrainVainLiberalismOwnersEducateProvidingUnemploymentProposePoor ManNotoriousPenance Author:Louis O. Kelso
“It has been a masterful fight-back by the big banks. We the paying public can't do anything much except admit defeat and settle back for the next set of bills. In the meantime, perhaps, we should try and think of a name for the new economic system, which certainly isn't capitalism ... The most accurate term would probably be "bankocracy".” ThinkingShouldTryingHas BeensBigsFightingNextNamesTermEconomicCapitalismBillsDefeatSettlingAccurateEconomic Systems Author:John Lanchester
“In the name of compassion, Obama advocates seemingly endless extensions of unemployment benefits because his economic theology holds that by paying people not to work, you will create jobs. It not only fails to factor in the obvious deterrent that extended benefits have on their recipients but also falsely assumes that transferring money from one pocket to the next generates more spending - by some mythical multiple factor, no less. Back on planet Earth, studies reveal that extending unemployment benefits results in more unemployment.” PeopleEarthJobsNextNamesResultsCompassionStudyFailingEconomicPlanetsBenefitsAssumingObviousSpendingEndlessTheologyFactorsPocketsMultipleUnemploymentExtensionsPlanet EarthExtendingDeterrentUnemployment Benefits Author:David Limbaugh
“A delicate balance is required to combat violence perpetrated in the name of a religion, an ideology or an economic system, while also safeguarding religious freedom, intellectual freedom and individual freedoms. But there is another temptation which we must especially guard against: the simplistic reductionism which sees only good or evil; or, if you will, the righteous and sinners.” IfsEvilNamesIndividualReligiousViolenceEconomicBalanceIntellectualTemptationIdeologySinnerCombatDelicateRighteousReligious FreedomEconomic SystemsIndividual FreedomReductionismIntellectual FreedomSafeguarding Author:Pope Francis
“With a chip on his shoulder larger than his margin of victory, Barack Obama is approaching his second term by replicating the mistake of his first. Then his overreaching involved health care - expanding the entitlement state at the expense of economic growth. Now he seeks another surge of statism, enlarging the portion of gross domestic product grasped by government and dispensed by politics. The occasion is the misnamed "fiscal cliff," the proper name for which is: the Democratic Party's agenda.” FirstsStatesGovernmentCareNamesGrowthTermPartyMistakeEconomicProductsVictoryInvolvedDemocraticShouldersOccasionsBarackHealth CareAgendasExpensesPortionsGrossChipsExpandingCliffsDemocratic PartyEconomic GrowthMarginsEntitlementGross Domestic ProductOverreachingFiscal Cliff Author:George Will
“Naturally the smart thing to do to solve your economic woes is to demonize the Democrats. And of course, Sarah Palin is more than happy to oblige. She's been saying that Obama hangs out with terrorists. And you know, I think the evangelical lady who's in a video getting blessed by a witch doctor, who's married to a secessionist, and can't name a newspaper -- she's right, Obama is scary.” ThinkingKnowsCoursesNamesEconomicMarriedSmartDoctorsBlessedDemocratScarySolveTerroristNewspapersVideoThings To DoHanging OutWitchWoeDoctor WhoEvangelicalPalinWitch Doctors Author:Bill Maher
“The President? Hmmm, I wonder who that might be? Could it be, perhaps, the sitting two-term incumbent of the same party holding its convention? The person whose economic and military policies shape the environment the next president will deal with? As best I can tell, in the tens of thousands of words making up the combined remarks of John McCain, Sarah Palin, Rudy Giuliani, Mike Huckabee, Mitt Romney, Fred Thompson, and Lindsay Graham, the Name That Must Not Be Uttered appeared exactly once.” PersonsI CanTwoMightNextNamesPresidentTermDealsPartyWonderEnvironmentEconomicMilitaryPolicyShapesSittingConventionsMikeRemarksRomneyMccainPalinMaking UpIncumbentsHmmmRudy Author:James Fallows