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Economic Quotes

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Economic Quotes

“We must elevate the craft, protect its interests, advance wages, reduce the hours of labor, spread correct economic doctrines and cultivate a spirit of fraternity among the working people regardless of creed, color, nationality or politics. These principles are the foundation principles of our organization.”

“Providing tax relief and reducing regulations leads to job creation and new economic opportunities for our small businesses, which are the backbone of our economy.”

Jobs Opportunity Economy Economic Creation Taxes Relief Regulation Providing Small Business Reducing Backbone Job Creation

Author:Cathy McMorris Rodgers

“Dispossessed peasants slash-and-burn their way into the rain forests of Latin America, hungry nomads turn their herds out into fragile African rangeland, reducing it to desert, and small farmers in India and the Philippines cultivate steep slopes, exposing them to the erosive powers of rain. Perhaps half the world's billion-plus absolute poor are caught in a downward spiral of ecological and economic impoverishment. In desperation, they knowingly abuse the land, salvaging the present by savaging the future.”

“Repealing drug laws would remove the risks involved with producing and distributing drugs, bringing 'street prices' crashing down (it's estimated that a 'spoon' of heroin would cost about a quarter in the free market), thereby eradicating any incentive that criminals might have to compete with legitimate businesses, and greatly reducing if not eliminating altogether any economic reason to 'push' drugs on children.”

Ifs Children Reason Might Law Risk Economic Streets Involved Cost Drug Criminals Remove Quarters Free Market Incentives Reducing Heroin Spoons Eliminating Drug Laws Repealing Crashing Down

Author:L. Neil Smith

“Our domestic problems are for the most part economic. We have our enormous debt to pay, and we are paying it. We have the high cost of government to diminish, and we are diminishing it. We have a heavy burden of taxation to reduce, and we are reducing it. But while remarkable progress has been made in these directions, the work is yet far from accomplished.”

Source: Message of the President of the United States to the Congress at the Beginning of the Second Session of the Sixty-eighth Congress, December 3 1924

“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.”

“Sustainability is an economic state where the demands placed upon the environment by people and commerce can be met without reducing the capacity of the environment to provide for future generations. It can also be expressed in the simple terms of an economic golden rule for the restorative economy: Leave the world better than you found it, take no more than you need, try not to harm life or the environment, make amends if you do.”

“The cash register did more for human morality than the Congregational Church. It was a really powerful phenomenon to make an economic system work better, just as, in reverse, a system that can be easily defrauded ruins a civilization. A system that's very hard to defraud, like a cash register, helped the economic performance of a civilization by reducing vice, but very few people within economics talk about it in those terms.”

People Humans Hard Term Church Powerful Economic Morality Civilization Economics Performances Vices Ruins Phenomenon Cash Reverse Reducing Register Economic Systems Really Powerful

Author:Charlie Munger