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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.”

“Solving the population problem is not going to solve the problems of racism, of sexism, of religious intolerance, of war, of gross economic inequality. But if you don't solve the population problem, you're not going to solve any of those problems. Whatever problem you're interested in, you're not going to solve it unless you also solve the population problem. Whatever your cause, it's a lost cause without population control.”

“The great events of history are often due to secular changes in the growth of population and other fundamental economic causes, which, escaping by their gradual character the notice of contemporary observers, are attributed to the follies of statesmen or the fanaticism of atheists .”

“Kelso's proposals do promise to free us from our morbid dependency on economic health through armament manufacture; they promise a way out of the welfare mess, out of foodstamps and ship subsidies, out of perpetual inflation, and they suggest a means of doing these things without being too disruptive of the wealth of five percent of the population who own the rest of us.”

“It's a moral imperative, it's an economic imperative, and it is a security imperative. For we've seen how spikes in food prices can plunge millions into poverty, which, in turn, can spark riots that cost lives, and can lead to instability. And this danger will only grow if a surging global population isn't matched by surging food production. So reducing malnutrition and hunger around the world advances international peace and security - and that includes the national security of the United States.”

“Although population and consumption are societal issues, technology is the business of business. If economic activity must increase tenfold over what it is today to support a population nearly double its current size, then technology will have to reduce its impact twenty-fold merely to keep the planet at its current levels of environmental impact. For example, to stabilize the climate we may have to reduce real carbon emissions by as much as 80 percent, while simultaneously growing the world economy by an order of magnitude.”

“So long as the great majority of the poor in any country are inert and are laboring without any hope in this world, the whole associated life of that community rests on an equivocal foundation. Its moral and social order is tied to an economic system which starves and mutilates the great majority of the population, and under such conditions its religion necessarily becomes a spiritual drug, administered for the purpose of subduing the popular discontent and relieving the popular misery.”

“Once a nation's population becomes prosperous and secure, for example through economic security and universal health care, much of the population loses interest in seeking the aid and protection of supernatural entities. This effect appears to be so consistent that it may prevent nations from being highly religious while enjoying good internal socioeconomic conditions.”

“The free market exists to promote prosperity and human life, and that is what it has accomplished, splendidly, with breathtaking brilliance. In the industrialized world, the average person today enjoys a standard of living superior to that of kings and emperors of the past. The whole world's population is capable of enjoying the same marvelous results, if it adopts economic freedom.”

“This Constitutional Republic called America is an historic aberration. Any honest student of history will note that the prevailing socio-economic system is feudalism, where a tiny minority control the vast majority of wealth, power, and resources. In doing so, they have absolute control over the 99% of the population. Power equals control.”

“The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.”

“The Obama administration seems to be following what might be called 'the Detroit pattern increasing taxes, harassing businesses, and pandering to unions. In the short run, it got mayors re-elected. In the long-run, it reduced Detroit from a thriving city to an economic disaster area, whose population was cut in half, as its most productive citizens fled.”

“Modern life... changes no longer century by century, but year by year, ten times faster than it ever has before-populations doubling, civilizations unified more closely with other civilizations, economic interdependence, racial questions, and-we're dawdling along. My idea is that we've got to go very much faster.”

“If a legislator is safe from competition, or if he represents groups with the same economic and political beliefs, he does not have to change his ideas or respond to the needs of the broader population. He can rest content with a mediocre, absentee performance knowing he will be returned to office. And as he is returned year after year the seniority system gives him immense control over people from other parts of the country whose views he need not heed at all.”

“In Egypt the neoliberal programs have meant statistical growth, like right before the Arab Spring, Egypt was a kind of poster child for the World Bank and the IMF [International Monetary Fund:] the marvelous economic management and great reform. The only problem was for most of the population it was a kind of like a blow in the solar plexus: wages going down, benefits being eliminated, subsidized food gone and meanwhile, high concentration of wealth and a huge amount of corruption.”

“Nearly everybody nowadays accepts the 'causal completeness of physics' - every physical event (or at least its probability) has a full physical cause. This leaves no room for non-physical things to make a causal difference to physical effects. But it would be absurd to deny that thoughts and feelings (and population movements and economic depressions . . .) cause physical effects. So they must be physical things.”

“I remember Secretary of State [George] Shultz one day saying that America is an economic model for the world. I replied to him that America represents 5 percent of the world's population and consumes 30 percent of the world's energy. What if everyone in the world lives like Americans? Where do we get the energy for this standard of living?”

“There are historic examples where a soft domination of certain states worked well. For instance the US, who dominated the Western alliance after World War II - with a giant army, an enormous population, and its globally superior economic power. This role is quite different for Germany today.”