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Economic Quotes

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Economic Quotes

“Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that... I’ve always though that under-populated countries in Africa are vastly UNDER-polluted, their air quality is probably vastly inefficiently low compared to Los Angeles or Mexico City.”

“The abundance that is offered to us by leaving behind the fossil fuel paradigm is very promising for the world and the people of the world. We will have cleaner air, water, and food; we will have more resources to share with our people. There will be more economic freedom because people will be able to harvest their own energy.”

“The struggle to create a nation and world of economic and social justice and environmental sanity is not an easy one. The struggle to try and create a more peaceful world will be extremely difficult. But this I know: despair is not an option if we care about our kids and grandchildren. Giving up is not an option if we want to prevent irreparable harm to our planet.”

“Giving is a miracle that can transform the heaviest of hearts. Two people, who moments before lived in separate worlds of private concerns, suddenly meet each other over a simple act of sharing. The world expands, a moment of goodness is created, and something new comes into being where before there was nothing... But true giving is not an economic exchange; it is a generative act. It does not subtract from what we have; it multiplies the effect we can have in the world.”

“In Egypt the neoliberal programs have meant statistical growth, like right before the Arab Spring, Egypt was a kind of poster child for the World Bank and the IMF [International Monetary Fund:] the marvelous economic management and great reform. The only problem was for most of the population it was a kind of like a blow in the solar plexus: wages going down, benefits being eliminated, subsidized food gone and meanwhile, high concentration of wealth and a huge amount of corruption.”

“We should use our economic power in lots of different ways. I think we can use that in order to keep [Vladimir] Putin contained, because he is a one-horse show. Energy. And we have an abundance of energy, but we have archaic energy exportation rules. We need to get rid of those, allow ourselves to really make Europe dependent on us and other parts of the world dependent on us for energy. Put him back in his little box where he belongs.”

“In every major war we have fought in the 19th and 20th centuries. Americans have been asked to pay higher taxes - and nonessential programs have been cut - to support the military effort. Yet during this Iraq war, taxes have been lowered and domestic spending has climbed. In contrast to World War I, World War II, the Korean War and Vietnam, for most Americans this conflict has entailed no economic sacrifice. The only people really sacrificing for this war are the troops and their families.”

“Our Government is fostering economic growth in Kitchener, Cambridge and all of the Waterloo Region by investing in our innovative businesses. Today's announcement is a great example of how we are helping high-potential companies bring great ideas to market faster. Helping our entrepreneurs and original thinkers export their products and services to the rest of the world creates jobs, growth and economic prosperity here at home.”

“The more subtle thing is more speculative. The world is well past its long-term carrying capacity for human beings living a European, much less an American, lifestyle predicated on planned obsolescence. International economic growth is largely a matter of accelerated movement of materials from mines and forests to the dump. Instead of saving and buying decent furniture we can pass on to our children, we charge our credit cards for shaped heaps of sawdust and glue that fall apart in less than three or four years.”

“When we cut off access to certain parts of our cities to people on bikes or in wheelchairs, we're not only doing economic damage, we're also doing culture damage. New York is the culture capital of the world because people are running into each other on the street all the time. They are forced to engage in creativity and problem-solving.”

“In the nearer term, the likeliest source of risk is a conflict between China and the U.S. These are now the two largest economies in the world, and the combination of their economic interdependence, the sharp differences in their political and economic values, and the growing divergence in their interests makes this relationship potentially dangerous for everyone who might be affected by it - which means pretty much everyone.”

“Much of the criticism of economic globalization has centered on factory labor abuses. But the majority of the world's poor are not employed in factories; they are self-employed - as peasant farmers, rural peddlers, urban hawkers, and small producers, usually involved in agriculture and small trade in the world's vast "informal" economy .”

“The final goal of world revolution is not socialism, or even communism, it is not a change in the present economic system, it is not the destruction of civilization in a material sense. The revolution desired by the leaders is moral and spiritual, it is an anarchy of ideas in which all the bases established nineteen centuries ago shall be overthrown, all the honored traditions trodden under foot, and, above all, the Christian ideal finally obliterated.”

“I remember Secretary of State [George] Shultz one day saying that America is an economic model for the world. I replied to him that America represents 5 percent of the world's population and consumes 30 percent of the world's energy. What if everyone in the world lives like Americans? Where do we get the energy for this standard of living?”

“This is a very practical discussion about the fact that one of the largest coal companies in the world, Adani, wants to build one of the, develop one of the largest coal mines in Australia in this region of Australia. And if they get the green light to do that, that will secure the economic future of people in Rockhampton, and people in central Queensland. It will secure their jobs in the future, and that's what they're concerned about.”

“An EU without Britain, without 1 of Europe's strongest powers, a country which in many ways invented the single market, and which brings real heft to Europe's influence on the world stage which plays by the rules and which is a force for liberal economic reform would be a very different kind of European Union.”

“The problems in the world today are not political problems, they are not economic problems, and they are not military problems. The problems in the world today are spiritual problems. They have to do with what people believe. They have to do with our most fervently held thoughts and ideas about Life, about God, and most of all, about ourselves, and our very reason for living.”

“There are historic examples where a soft domination of certain states worked well. For instance the US, who dominated the Western alliance after World War II - with a giant army, an enormous population, and its globally superior economic power. This role is quite different for Germany today.”

“There God tells us exactly what is going to happen and scripture tells us that there is going to come a world leader who will initially bring overtures of peace. He will help the Jewish people rebuild their temple in Jerusalem. He will have a new economic system where you don't buy or sell without his mark. Initially, for some, it will look like a good deal because there will be peace, as I said.”

“We have established the Customs Union and the Eurasian Economic Union not by force, but through a compromise. It was a challenging, complicated, multi-year process based on agreement, compromise and mutually acceptable conditions in the hope of creating for our economies and for our people better competitive advantages in the world markets and in the world as a whole.”