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Economic Quotes

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Economic Quotes

“In a general way, if one cannot attribute to the Jew the whole responsibility of the situation, economic, political, and social, by which Algeria is being strangled, it is no exaggeration to recognize him as morally guilty, for the great part of his rìle here, still more than elsewhere, has consisted in corrupting, degrading, and disintegrating.”

“If you followed this economic crisis and you do not think that the world is getting flatter, you are not paying attention. We saw the entire global economy at one time acting totally in sync. The real truth is the world is even flatter than I thought. Our mortgage crisis is killing Deutsche Bank. You still don't think the world is flat?”

“Most of us still believe in the intrinsic value of nature, but I think the first century of the environmental/conservation movement demonstrated pretty clearly that this value cannot compel a civilization-wide shift toward sustainable behavior and enterprise when stacked up against the urgent economic and social needs of 7 billion people, most of whom are struggling to get out of poverty.”

“This society in which knowledge workers dominate is in danger of a new "class conflict" between the large minority of knowledge workers and the majority of workers who will make their livings through traditional ways, either by manual work... or by service work. The productivity of knowledge work - still abysmally low - will predictably become the economic challenge of the knowledge society. On it will depend the ability of the knowledge society to give decent incomes, and with them dignity and status, to non knowledge people.”

“Democracy can hardly be expected to flourish in societies where political and economic power is being progressively concentrated and centralized. But the progress of technology has led and is still leading to just such a concentration and centralization of power.”

“Family farmers are small farmers who love the land. They're still not getting enough money for their product and are rapidly losing their battle to stay in business. By helping the American family farmer, we will in turn help ourselves out of the economic hole that we find ourselves in today. It doesn't really matter how we got here; the point is, we have to dig our way out.”

“Millions of Americans would still despair in the eight long years of the Depression that lay ahead and many of their individual dreams would be dashed on the rocks of economic hardship. But collectively, the country was in a new place, with a new confidence that the federal government would actively try to solve problems rather than fiddle or cater to the rich. Hope was no longer for Pollyannas; the cynics about the American system were in retreat.”

“I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.”

“Most Britons still lived and died without encountering anyone whose skin colour was different from their own. Slaves, in short, did not threaten, at least as far as the British at home were concerned. Bestowing freedom upon them seemed therefore purely an act of humanity and will, an achievement that would be to Great Britain's economic detriment, perhaps, but would have few other domestic consequences.”

“Adam Smith's was a real universalism in intent. Laissez Faire was intended to establish a world community as well as a natural harmony of interests within each nation... But the "children of darkness" were able to make good use of his creed. A dogma which was intended to guarantee the economic freedom of the individual became the "ideology" of vast corporate structures of a later period of capitalism, used by them, and still used, to prevent a proper political control of their power.”

“Lest those islands still seem to you too remote in space and time to be relevant to our modern societies, just think about the risks... of our increasing globalization and increasing worldwide economic interdependence.”

“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.”

“For most Black people there is still poverty and desperation. The Ghettos still exist, and the proportion of Blacks in prison is still much greater than Whites. Today, there is less overt racism, but the economic injustices create an "institutional racism" which exists even while more Blacks are in high places, such as Condoleeza Rice in Bush's Administration and Obama running for President.”

“The worst of this ever growing cancer of Statism [ie big 'paternal' government - socialism, communism and fascism] is its moral effect. The country is rich enough to stand its frightful economic wastage for a long time yet, and still prosper, but it is already so poverty-stricken in its moral resources that the present drain will quickly run them out.”

“Compassion is something we can count on. Even if we face economic problems and our fortunes decline, we can still share our compassion with our fellow human beings. National and global economies are subject to many ups and downs, but through them all we can retain a compassionate attitude that will carry us through.”

“The social and economic impact of the earthquake is still very present and is contributing to mental health problems, the mother who lost her husband, or children who lost their parents, and who now are responsible for the whole family, taking children to school and providing food. This transition is still causing stress and depression.”

“In 1988, when democracy was restored, the military establishment was still very powerful. The extremist groups were still there. And when the aid and assistance to Pakistan was cut, we had to adopt harsh economic policies. So in a way, it showed that democracy doesn't pay, and the military was able to reassert itself.”

“Chile has done a lot to rid itself of poverty, especially extreme poverty, since the return to democracy. But we still have a ways to go toward greater equity. This country does not have a neoliberal economic model anymore. We have put in place a lot of policies that will ensure that economic growth goes hand in hand with social justice.”

“In terms of the economics, yes obviously the rise of e-books and how people choose to read books has a big effect on the economics of the game. But whether people are buying them on paper or downloading them there's still some poor wretch in a room who is trying to write a poem, write a story, write a novel. And so my job doesn't change. It's just how people receive it and economic conditions on the ground change, but that doesn't affect what I write.”

“here are problems with the Turkish products inside Russia and the tourism going down. People are worried about that. But the really big economic weapons, oil and especially natural gas, those have not been brought into play yet - mostly in the form of threat so far. So basically the view from here is that, yeah, things are getting bad, but they could still get much, much worse.”

“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.”