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Economic Quotes

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Economic Quotes

“The pursuit of the vibrant seems to be the universal job description of the nation's city planners nowadays. It is also part of the Obama administration's economic recovery strategy for the nation.”

Seems Jobs Nations Cities Economic Universal Strategy Pursuit Recovery Administration Description Planners Economic Recovery

Book:No Future for You: Salvos from the Baffler

Source: No Future for You: Salvos from the Baffler

“The Internet has taken shape with startlingly little planning? The most universal and indispensable network on the planet somehow burgeoned without so muchasa boardofdirectors, never minda mergers-and- acquisitions department. There is a paradoxical lesson here for strategists. In economic terms, the great corporations are acting like socialist planners, while old- fashioned free-market capitalism blossoms at their feet.”

“The political objective of universal capitalism is maximum individual autonomy, the separation of political power wielded by the holders of public office from economic power held by citizens, and the broad diffusion of privately owned economic power.”

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“If the helplessness and isolation of labour, who have nothing to sell but their labour, can be totally removed by connecting labour with capital through a universal credit system, we'll then have other kinds of actors on the economic scene different from what the existing capitalist world would allow us to bring out.”

Ifs World Kind Different Actors Politics Economy Economic Scene Universal Sells Credit Isolation Liberalism Labour Capitalist Connecting Helplessness

Author:Muhammad Yunus

“If the essence of cynicism consists in preferring nature to art, virtue to beauty and science; in not bothering about the letter of things -- to which the Stoic strictly adheres -- but in looking up to the spirit of things; in absolute contempt of all economic values and political splendor, and in courageous defence of the rights of independent freedom; then Christianity would be nothing but universal cynicism.”

“Once a nation's population becomes prosperous and secure, for example through economic security and universal health care, much of the population loses interest in seeking the aid and protection of supernatural entities. This effect appears to be so consistent that it may prevent nations from being highly religious while enjoying good internal socioeconomic conditions.”