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Economic Quotes

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Economic Quotes

“In an ecological perspective, in other words, there are few accidents or anomalies, only outcomes based on system structure and dynamics. Climate change and glittering malls, Calcuttan poverty and sybaritic wealth, biotic impoverishment and economic growth, militarism and terrorism, global domination and utter vulnerability are not different things but manifestations of a single system.”

“Secretary of state Colin Powell himself eloquently pointed out the many ways to get at the root of this problem... economic, diplomatic, legal and political, as well as military. A rush to launch precipitous military counterattacks runs too great a risk that more innocent men, women and children will be killed. I could not vote for a resolution that I believe will lead to such an outcome.”

“In fact, technology in, and of, itself does not cause particular kinds of change. It is, essentially, an enabling or facilitating agent. It makes possible new structures, new organizational and geographical arrangements of economic activities, new products and new processes, while not making particular, outcomes inevitable.”

“Yes, NFL players deserve to be paid well. Unfortunately, economic realities are forcing everyone to make tough choices and the NFL is no different. These are not easy negotiations, but the outcome can be positive. If both sides give a little, everyone, including fans, will get a lot and the game will improve through innovation. Even in difficult economic times, a new CBA presents us with the opportunity to secure the future of our game.”

“The yearning after equality [in economic outcome] is the offspring of envy and covetousness, and there is no possible plan for satisfying that yearning which can do aught else than rob A to give to B; consequently all such plans nourish some of the meanest vices of human nature, waste capital, and overthrow civilization.”

“Economic systems work better when there's an extreme reliability ethos. And the traditional way to get a reliability ethos, at least in past generations in America, was through religion. The religions instilled guilt. ... And this guilt, derived from religion, has been a huge driver of a reliability ethos, which has been very helpful to economic outcomes for man.”