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Economic Quotes

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Economic Quotes

“We must look at what immigration to America involves. To the new arrivals, the change is excruciating. Learning a new language and dealing with strange customs make the first years of life in the new land painful... The economic system of the United States is a mighty engine of persuasion. It motivates people to do what otherwise they never would in return for fulfilling their dreams. In the process, people learn that there is no sharp line between physical well-being and the higher purposes of life. The comfort of owning a house is at once meeting the obligation to care for one”

“It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined.”

Two Social Economy Economic Obligation Corporations Intertwined Social Obligation

Author:Lee R. Raymond

“Money is not a part of the visible sector of the economy; people do not consume money. Money is not a physical factor of production, but rather a yardstick for measuring economic input, economic outtake and the relative values of the real goods and services of the economic world. Money provides a method of measuring obligations, rights, powers and privileges. It provides a means whereby certain individuals can accumulate claims against others, or against the economy as a whole, or against many economies.”

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“Fighting climate change isn't just an obligation we owe to future generations. It's also an opportunity to improve public health - and drive economic growth - in the here and now.”

Fighting Opportunity Growth Generations Economic Climate Climate Change Obligation Future Generation Here And Now Economic Growth Public Health

Author:Michael Bloomberg