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Economic Quotes

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Economic Quotes

“For the first time ever we are capable of removing abject poverty, illiteracy and the diseases of poverty from the human condition. The current intensification of global economic integration has demonstrated that there is enough knowledge, technology and capital to bring development to all the people of the world.”

“What the new fertilizer technology has accomplished for the farmer is clear: more crop can be produced on less acreage than before. Since the cost of fertilizer, relative to the resultant gain in crop sales, is lower than that of any other economic input, and since the Land Bank pays the farmer for acreage not in crops, the new technology pays him well. The cost-in environmental degradation-is borne by his neighbors in town who find their water polluted. The new technology is an economic success-but only because it is an ecological failure.”

“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.”

“Serious research and development efforts are required to produce technologies, strategies, organizations, and trained personnel who can go into failed states, work with our allies and friends, and promote the political and economic reforms that will meet popular needs and reduce the sources of terrorism and conflict.”

“Economic growth and environmental preservation are two sides of the same coin. There's no better illustration of that point than the California Clean Tech Open, which challenges California entrepreneurs to bring new, clean technologies to market. I encourage business leaders, policy makers, and environmental advocates to support this innovative, exciting competition.”

“Israel's economic and cultural progress is due to three things: the pioneering spirit that inspires the best of our immigrant and Israeli youth, who respond to the challenge of our desolute areas and the ingathering of the exiles; the feeling of Diaspora Jewry that they are partners in the enterprise of Israel's resurgence in the ancient homeland of the Jewish people; and the power of science, and technology which Israel unceasingly, and not without success, tries to enhance.”

“In fact, technology in, and of, itself does not cause particular kinds of change. It is, essentially, an enabling or facilitating agent. It makes possible new structures, new organizational and geographical arrangements of economic activities, new products and new processes, while not making particular, outcomes inevitable.”

“The widespread inability to understand technological artifacts as fabricated entities, as social and cultural phenomena, derives from the fact that in retrospect only those technologies that prove functional for a culture and can be integrated into everyday life are 'left over.' However, the perception of what is functional, successful and useful is itself the product of social and cultural--and last but not least--political and economic processes. Selection processes and abandoned products and product forms are usually not discussed.”

“Mobile phone technology can help to bring financial services to the 80 percent of African women who do not have a bank account and bolster the growth of the world's poorest continent. It's not just about empowering women, it's about economic growth. Unless we can make access to finance easier for women in their businesses, we will be missing out on a significant portion of growth within our economies”

“The laws of thermodynamics restrict all technologies, man's as well as nature's, and apply to all economic systems whether capitalist, communist, socialist, or fascist. We do not create or destroy (produce or consume) anything in a physical sense- we merely transform or rearrange. And the inevitable cost of arranging greater order in one part of the system (the human economy) is creating a more than offsetting amount of disorder elsewhere (the natural environment).”

“The Congressional Budget Office is a reactionary socialist institution which does not believe in economic growth, does not believe in innovation, and does not believe in data that it has not internally generated.”

“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.”

“For three decades and longer we have been developing the ideas, science, and technological wherewithal to build a sustainable society. The public knows of these things only in fragments, but not as a coherent and practical agenda indeed the only practical course available. That is our fault and we should start now to put a positive agenda before the public that includes the human and economic advantages of better technology, integrated planning, coherent purposes, and foresight.”

“An unfolding technology has increased our economic strength and added to the convenience of our lives. But that same technology-we know now-carries danger with it. From the great smoke stacks of industry and from the exhausts of motors and machines, 130 million tons of soot, carbon and grime settle over the people and shroud the Nation's cities each year. From towns, factories, and stockyards, wastes pollute our rivers and streams, endangering the waters we drink and use.”

“We need to reject not only outdated fossil-fuel technology, but also an outdated economic system and an outdated corporatist political system. The progressive view is that we are smart enough and ethical enough to not have to be subservient to corporations. We can create our own resilient, localized communities.”

“The major impediment to experiencing the sacred depths of ordinary moments is the speed and distraction of contemporary life that moves to the imperatives of the global economic order.In addition, we increasingly live in a virtual world in which our reality is filtered through media and information technology.”

“The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...While these tendencies were no doubt in train in the "old," pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.”

“Through our government's updated science, technology and innovation strategy, we are making the record investments necessary to push the boundaries of knowledge, create jobs and opportunities, and improve the quality of life of Canadians. Our government's Canada Research Chairs Program develops, attracts and retains top talent researchers in Canada whose research, in turn, creates long-term social and economic benefits while training the next generation of students and researchers in Canada.”