Best economic & productions Quotes | Short & Famous Sayings

“My title is intended to suggest that the community of scientists is organized in a way which resembles certain features of a body politic and works according to economic principles similar to those by which the production of material goods is regulated.”

Way Body Certain Community Principles Economic Materials Scientist Productions Titles Features Organized Goods

Author:Michael Polanyi

“It is one of the greatest economic errors to put any limitation upon production.We have not the power to produce more than there is a potential to consume.”

Wisdom Politics Economy Economic Produce Errors Productions Limitation Liberalism

Author:Louis D. Brandeis

“Since man does not create physical matter, those who handle material objects in the production process are not producers in that sense. Economic benefits result from the transformation of matter in form, location, or availability (intellectually or temporally). It is these transformations that create economic benefits valued by consumers, and whoever arranges such transformations contributes to the value of things, whether his hands actually come into contact with physical objects or not.”

Men Doe Matter Hands Form Values Process Results Economic Objects Materials Benefits Transformation Productions Handle Contact Producers Consumers Location Availability

Author:Thomas Sowell

“Freedom of mind and mind itself have been most fully developed in regions where trade developed at the same time. In all ages, without exception, every intense production of art, ideas, and spiritual values has occurred in some locality where a remarkable degree of economic activity was also manifest.”

Mind Has Beens Art Ideas Age Spiritual Values Economic Activity Degrees Trade Productions Intense Remarkable Exception Regions Manifest Spiritual Values Locality

Author:Paul Valery

“In the anarchist milieu, communism, individualism, collectivism, mutualism and all the intermediate and eclectic programmes are simply the ways considered best for achieving freedom and solidarity in economic life; the ways believed to correspond more closely with justice and freedom for the distribution of the means of production and the products of labour among men. Bakunin was an anarchist, and he was a collectivist, an outspoken enemy of communism because he saw in it the negation of freedom and, therefore, of human dignity.”

Source: Life and Ideas: The Anarchist Writings of Errico Malatesta

“State intervention in economic production arises only when private initiative is lacking or insufficient, or when the political interests of the State are involved. This intervention may take the form of control, assistance or direct management.”

May States Form Political Interest Economic Involved Economics Direct Management Productions Arise Socialism Fascism Initiative Lacking Assistance Intervention Insufficient

Author:Benito Mussolini

“By 'socialism' I mean a classless society in which the State has disappeared, production is cooperative, and no man has political or economic power over another. The touchstone would be the extent to which each individual could develop his own talents and personality.”

Men Mean States Would Be Political Individual Economic Talent Personality Productions Socialism Cooperatives Touchstones Economic Power Classless Society

Book:The Root is Man: Two Essays in Politics

Source: The Root is Man: Two Essays in Politics

“Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. ... In developed capitalist economies, private consumption spending accounts for half or more of GDP.”

Important Half Economy Economic Accounts Function Productions Spending Capitalist Household Consumption Gdp Capitalist Economy

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

“By putting the means of production into the hands of the masses but withholding from those same masses any ownership over the product of their work, Web 2.0 provides an incredibly efficient mechanism to harvest the economic value of the free labor provided by the very, very many and concentrate it into the hands of the very, very few.”

Mean Hands Values Economic Products Mass Labor Productions Mechanism Efficient Ownership Harvest Withholding Economic Value Web 2.0

Author:Nicholas G. Carr

“Emancipation of human labor from economic servitude and exploitation, i.e., from organizations of production in which the conditions of work are determined by a master class who own the means of production, and in which the fruits of work are alienated from workers to the benefit of masters.”

Humans Mean Wisdom Politics Class Economy Economic Conditions Masters Benefits Labor Organization Fruit Workers Productions Determined Liberalism Exploitation Emancipation Servitude

Author:Mortimer Adler

“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.”

“Under the old social philosophy which had governed the Middle Ages, temporal, and therefore all economic, activities were referred to an eternal standard. The production of wealth, it distribution and exchange were regulated with a view to securing the Christian life of Christian men. In two points especially was this felt: First in securing the independence of the family, which can only be done by the wide distribution of property, in others words the prevention of the growth of a proletariat; secondly, in the close connection between wealth and public function.”

“We know that the only alternative to private competition is government monopoly of enterprise. We know that when government monopolizes production, distribution, and employment, it is no longer the servant of men - it is their master. And, therefore, we know that economic liberty and political liberty are inseparable parts of the same ball of wax - that we must keep them both, or we shall lose them both.”

“Equality of economic opportunity, in the context of private property, means equality of opportunity for the millions of capital-less households of today to buy, pay for, and employ in their lives the non-human factor of production, capital.”

Humans Mean Wisdom Today Opportunity Politics Pay Millions Economy Economic Property Productions Factors Liberalism Household Private Property Equality Of Opportunity Factors Of Production

Author:Louis O. Kelso

“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

“Thus, the capital owner is not a parasite or a rentier but a worker - a capital worker. A distinction between labor work and capital work suggests the lines along which we could develop economic institutions capable of dealing with increasingly capital-intensive production, as our present institutions cannot.”

Wisdom Politics Lines Economy Economic Capable Labor Institutions Workers Productions Liberalism Distinction Owners Parasites

Book:Democracy and Economic Power: Extending the ESOP Revolution through Binary Economics

Source: Democracy and Economic Power: Extending the ESOP Revolution through Binary Economics

“It is preferable to regard labour, including, of course, the personal services of the entrepreneur, and his assistants, as the sole factor of production, operating in a given environment of technique, natural resources, capital equipment and effective demand. This is why we have been able to take labour as the sole physical unit which we require in our economic system, apart from units of money and of time.”

Source: General Theory Of Employment , Interest And Money

“Many of the deficiencies of our economic system could be alleviated if ways were found to broaden the ownership of the means of production... This has happened in some companies through ESOPs. Successful approaches of this sort would pay dividends in terms of employee commitment and morale. And they would not deprive anyone of his present holdings since they are based on future growth.”

“Unless we do change our whole way of thought about work, I do not think we shall ever escape from the appalling squirrel-cage of economic confusion in which we have been madly turning for the last three centuries or so, the cage in which we landed ourselves by acquiescing in a social system based upon Envy and Avarice. A society in which consumption has to be artificially stimulated in order to keep production going is a society founded on trash and waste.”

Thinking Way Has Beens Whole Lasts Order Three Social Work Economic Century Waste Economics Productions Envy Confusion Consumption Cages Trash Avarice Squirrels Social Systems

Author:Dorothy L. Sayers

“Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat in full view of the audience.”

Should Views Audience Economic Productions Hats Economist Rabbits Theorists

Author:Joan Robinson

“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”

Wells Mean Faces Law Levels Plans Economic Higher Economics Increase Productions Consumption Laws Of Nature Higher Level

Author:Calvin Coolidge

“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.”

“Production functions involving only land, labor and capital... never work and never explain economic development.”

Economic Land Development Labor Function Productions Involving Economic Development Labor And Capital

Author:Kenneth E. Boulding

“Non-inflationary economic growth - an increase in the production of goods and services - is structurally necessary for the current money system to exist. That is what drives the relentless conversion of life into money.”

Growth Economic Increase Currents Productions Conversion Goods Economic Growth Relentless Goods And Services

Author:Charles Eisenstein

“We can decide that the presence of cancer-causing substances in our air, water, and food is too expensive. A 2009 study, for example, has found that coal miners in Appalachia costs the region five times more in premature deaths, including from cancer, than it provides to the region in jobs, taxes, and economic benefits. In California, the production and use of hazardous chemicals cost the state $2.6 billion in 2004 alone in lost wages and health-care expenses to treat workers and children with pollution-linked diseases.”

“The effect of the post-Enlightenment project for human society is that all human activity is absorbed into labor. It becomes an unending cycle of production for the sake of consumption. The modern concept of "built-in obsolescence" makes this clear. The cycle of production and consumption has to be kept going, and the work of the artist or craftsman who aims to create something enduring becomes marginal to the economic order.”

“I shall argue that it is the capital stock from which we derive satisfaction, not from the additions to it (production) or the subtractions from it (consumption): that consumption, far from being a desideratum, is a deplorable property of the capital stock which necessitates the equally deplorable activity of production: and that the objective of economic policy should not be to maximize consumption or production, but rather to minimize it, i.e. to enable us to maintain our capital stock with as little consumption or production as possible.”

Should Littles Economic Policy Activity Property Satisfaction Productions Arguing Objectives Consumption Economic Policy Subtraction

Author:Kenneth E. Boulding

“Even if we were to sign peace today, the economic conditions in our country would not improve automatically because it will take some time to reach the level of oil production before the war and the oil prices are likely to remain low for some time as the supply of oil in the world is high and demand is low.”

Ifs World War Country Today Peace Levels Economic Conditions Demand Lows Productions Oil Our Country Oil Price Oil Production

Author:Salva Kiir Mayardit

“If, on the other hand, conservationists are willing to insist on having the best food, produced in the best way, as close to their homes as possible, and if they are willing to learn to judge the quality of food and food production, then they are going to give economic support to an entirely different kind of land use in an entirely different landscape. This landscape will have a higher ratio of caretakers to acres, of care to use. It will be at once more domestic and more wild than the industrial landscape.”

Source: Bringing It to the Table: On Farming and Food (Large Print 16pt)

“While I am as convinced a Socialist as the most ardent Marxian, I do not regard Socialism as a gospel of proletarian revenge, nor even, primarily, as a means of securing economic justice. I regard it primarily as an adjustment to machine production demanded by considerations of common sense, and calculated to increase the happiness, not only of proletarians, but of all except a tiny minority of the human race.”

Source: The Collected Papers of Bertrand Russell

“Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an act of charity. And further, I believe it to be - as a type - the greatest economic charity of all.”

Believe Facts Seems I Believe Views Support Economic Type Amount Tools Logic Charity Productions Saving Savings Acts Of Charity

Author:F. A. Harper

“The sharper the competition, the better it serves its social function to improve economic production.”

Social Economic Function Competition Productions

Author:Ludwig von Mises

“Mitt Romney understands the importance of Alaska as a leader in our country's energy production and I look forward to working with him on such an important economic and national security matter.”

Looks Important Country Matter Energy Leader Economic Security Importance Productions Our Country National Security Romney Alaska Energy Production

Author:Lisa Murkowski

“The androcentric, patriarchal cultures, whatever you want to call it, are quite new. So, every economic statement should start with reproduction, not production. Every statement for human rights ought to include reproduction as a basic human right, like freedom of speech.”

Want Should Humans Culture Rights Economic Ought Speech Human Rights Productions Statements Freedom Of Speech Reproduction

Author:Gloria Steinem

“I think we have reached a stage now where we need to find solutions to economic injustice in the same place and in the same ways that we find solutions to sustainability. Sustainability on environmental grounds and justice in terms of everyone having a place in the production and consumption system - these are two aspects of the same issue. They have been artificially separated and have to be put back again in the Western way of thinking.”

Economic Quotes

Related topics

Economic Quotes