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Economic Quotes

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Economic Quotes

“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

“This is the first time in the history of mankind that we are setting ourselves the task of intentionally, within a defined period of time to change the economic development model that has been reigning for at least 150 years, since the industrial revolution. That will not happen overnight and it will not happen at a single conference on climate change, be it COP 15, 21, 40 - you choose the number. It just does not occur like that. It is a process, because of the depth of the transformation.”

“the society which projects and undertakes the technological transformation of nature alters the base of domination by gradually replacing personal dependence (of the slave on the master, the serf on the lord of the manor, the lord on the donor of the fief, etc.) with dependence on the "objective order of things" (on economic laws, the market etc.).”

Law Order Lord Economic Masters Projects Transformation Slave Objectives Etc Technological Dependence Domination Donors Serfs

Book:One-Dimensional Man: Studies in the Ideology of Advanced Industrial Society

Source: One-Dimensional Man: Studies in the Ideology of Advanced Industrial Society

“The dynamic character of China's nonstatist economic transformation, including its social openness to the rest of the world, is not mutually compatible in the long run with a relatively closed and bureaucratically rigid Communist dictatorship.”

World Long Character Running Social Economic Transformation Including China Openness Communist Dictatorship Long Runs Compatible Dynamic Characters

Book:The Grand Chessboard: American Primacy And Its Geostrategic Imperatives

Source: The Grand Chessboard: American Primacy And Its Geostrategic Imperatives

“The postwar [WWII] GI Bill of Rights - and the enthusiastic response to it on the part of America's veterans - signaled the shift to the knowledge society. Future historians may consider it the most important event of the twentieth century. We are clearly in the midst of this transformation; indeed, if history is any guide, it will not be completed until 2010 or 2020. But already it has changed the political, economic and moral landscape of the world.”

“Turkey is going through an incredible economic, political and social transformation. What is most important is that Turkey has been the owner of this transformation. Ownership has been the key to success.”

Has Beens Important Political Social Economic Keys Transformation Incredibles Owners Ownership Key To Success Turkeys Social Transformation

Author:Ali Babacan

“In his annual economic report to Congress President Bush said that the transfer of American jobs overseas is actually part of a positive transformation that will enrich the U.S. economy over time. So basically, losing your job to someone else can be a good thing. Of course we'll see how he feels about that in November.”

Feels Said Jobs Courses President Economy Economic Losing Transformation Good Things Congress Reports President Bush November Transfers Annuals American Jobs

Author:Jay Leno

“The transformation of forests into deserts, fertile earth into sunbaked concrete, and running rivers into silted floodwaters show that only through care for the environment can the livelihoods of those most dependent on it be sustained. We cannot allow economic and environmental concerns to be played off against each other.”

Shows Care Running Earth Environment Economic Concern Rivers Transformation Environmental Forests Desert Dependent Concrete Fertile Livelihood

Book:Thinking green!: essays on environmentalism, feminism, and nonviolence

Source: Thinking green!: essays on environmentalism, feminism, and nonviolence

“The Lockean assumption that if we put our labor to it then it becomes our own is totally fallacious. We have to figure out how to leave things alone, and build an economic system that's not built on a linear model, but instead on a cyclical model, because that's the natural world - it's cyclical and not linear. That is going to take a lot of transformation.”

Ifs World Natural Economic Figures Models Built Labor Transformation Environmental Assumption Sustainability Natural World Linear Economic Systems

Author:Winona LaDuke

“About 800 million people in India are below the age of 35 years. Their aspirations, energy, enterprise and skills will be the force for India's economic transformation.”

People Years Age Energy Force Millions Economic Youth Skills India Transformation Aspiration Enterprise

Author:Narendra Modi

“We are living in an historic moment. We are each called to take part in a great transformation. Our survival as a species is threatened by global warming, economic meltdown, and an ever-increasing gap between rich and poor. Yet these threats offer an opportunity to awaken as an interconnected and beloved community.”

“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.”

“Interventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism by a series of successive steps.”

Steps Economic Capitalism Transformation Method Series Socialism Destined Economic Systems Interventionism

Book:Middle of the Road Policy Leads to Socialism

Source: Middle of the Road Policy Leads to Socialism

“We will pave the way for a transformation and roll back the years of Thatcherism...We will turn economic ruin into economic recovery, and above all pave the way for a General Election to elect a Labour Government.”

Way Years Government Turns Economic Transformation Election Recovery Ruins Labour General Elections Economic Recovery

Author:Arthur Scargill