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Economic Quotes

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Economic Quotes

“If we're all led to believe that poverty is just a matter of laziness or stupidity or whatever other justifications we can come up with, then we're not likely to be in a real position to do much about it when it comes to attacking the root cause of the problem. Instead of demanding a more equitable system for the distribution of social and economic goods, we blame the victim. This is insidious, because ideology is something we carry around with us in our heads; it forms the basis of our day-to-day understanding of the world.”

“Nowhere is woman treated according to the merit of her work, but rather as a sex. It is therefore almost inevitable that she should pay for her right to exist, to keep a position in whatever line, with sex favors. Thus it is merely a question of degree whether she sells herself to one man, in or out of marriage, or to many men!... The economic and social inferiority of woman is responsible for prostitution.”

“What I used to respect was not really aristocracy, but a set of personal qualities which aristocracy then developed better than any other system . . . a set of qualities, however, whose merit lay only in a psychology of non-calculative, non-competitive disinterestedness, truthfulness, courage, and generosity fostered by good education, minimum economic stress, and assumed position, AND JUST AS ACHIEVABLE THROUGH SOCIALISM AS THROUGH ARISTOCRACY.”

“We cannot continue to have an excellence gap with the rest of the world and intend to remain the [economic superpower] and [military superpower] of the planet. That's just not going to happen. We're in a position where unless we take action, we'll end up being the [France] of the 21st century: a lot of talk, but not a lot of strength behind it in terms of economic capability.”

“Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, preserve a false domestic prosperity, and mask the consequences of its relative political and economic decline.”

“To undertake the direction of the economic life of people with widely divergent ideals and values is to assume responsibilities which commit one to the use of force; it is to assume a position where the best intentions cannot prevent one from being forced to act in a way which to some of those affected must appear highly immoral. This is true even if we assume the dominant power to be as idealistic and unselfish as we can possibly conceive. But how small is the likelihood that it will be unselfish, and how great are the temptations!”

“Even if the constants which economists wish to determine were less numerous, and the method of experiment more accessible, we should still be faced with the fact that the constants themselves are different at different times. The gravitation constant is the same always. But the economic constants-these elasticities of demand and supply-depending, as they do, upon human consciousness, are liable to vary. The constitution of the atom, as it were, and not merely its position, changes under the influence of environment.”

“I mean, these good folks are revolutionizing how businesses conduct their business. And, like them, I am very optimistic about our position in the world and about its influence on the United States. We're concerned about the short-term economic news, but long-term I'm optimistic. And so, I hope investors, you know - secondly, I hope investors hold investments for periods of time - that I've always found the best investments are those that you salt away based on economics.”

“Are public school textbooks biased? Are they censored? The answer to both is yes. And the nature of the bias is clear: Religion, traditional family values, and conservative political and economic positions have been reliably excluded from children's textbooks.”

“This focus on money and power may do wonders in the marketplace, but it creates a tremendous crisis in our society. People who have spent all day learning how to sell themselves and to manipulate others are in no position to form lasting friendships or intimate relationships... Many Americans hunger for a different kind of society - one based on principles of caring, ethical and spiritual sensitivity, and communal solidarity. Their need for meaning is just as intense as their need for economic security.”

“If I were a German today, I would be proud, proud but also worried. I would be proud of the magnificent achievement of rebuilding my country, entrenching democracy and assuming the undoubtedly preponderant position in Europe. But a united Germany can't and won't subordinate its national interests in economic or in foreign policy to those of the Community indefinitely. Germany's new pre-eminence is a fact - and its power is a problem - as much for Germans as for the rest of Europe.”

“This investment will provide capital to help high-potential start-up companies transition from product development to market entry, while also providing skills training to help them position themselves to be more attractive to investors and commercial partners. We are pleased to support the entrepreneurial community in southern Ontario and contribute to economic growth and job creation.”

“Fox News may be demolishing its more liberal cable news rivals in the ratings but to Democrats it's still the bogeyman. That's why President Obama took the opportunity to criticize the network during a speech defending his economic record at Northwestern University today. But in doing so, the president not only demonstrated the weakness of his position but also why he doesn'€t understand Fox'€s appeal.”