Best economics & development Quotes | Short & Famous Sayings

“The dominant orthodoxy in development economics was that Third World countries were trapped in a vicious cycle of poverty that could be broken only by massive foreign aid from the more prosperous industrial nations of the world. This was in keeping with a more general vision on the Left that people were essentially divided into three categories - the heartless, the helpless, and wonderful people like themselves, who would rescue the helpless by playing Lady Bountiful with the taxpayers' money.”

Source: Ever Wonder Why?: and Other Controversial Essays

“I think it's evident that expensive neighborhoods in Seattle are surrounded by natural beauty. That elevates city life. So if we can make cities more attractive in the long run, we can be smarter about issues like development, zoning and economics.”

Ifs Thinking Long Running Natural Cities Issues Development Economics Attractive Expensive Neighborhood Long Runs Smarter Evident Seattle City Life

Author:Stone Gossard

“I believe that the 21st century economy is an economy of people, not of factories. The intellectual factor has become increasingly important in the economy, which is why we are planning to focus on providing additional opportunities for people to realise their potential.”

“The creation of NIT has ensured some seats for admission in undergraduate courses for students of Arunachal Pradesh, which will bound to uplift economics of locality directly or indirectly and help in enhancing human development index in the state.”

Humans States Helping Courses Creation Students Development Economics Bounds Uplifting Seats Human Development Admission Undergraduate Locality

Author:M. M. Pallam Raju

“observation of realities has never, to put it mildly, been one of the strengths of economic development theory.”

Reality Economic Theory Development Economics Observation Economic Development

Book:Cities and the Wealth of Nations

Source: Cities and the Wealth of Nations

“And one of the worst effects was that by suppressing critical thought, it also suppressed critical thought in the field of economics and hampered the development of economics - and the country would fall back further and further in the economic competition with the West.”

Country Fall Economic Worst Effects Fields Development Economics Competition West Critical Fall Back Suppressing Economic Competition

Author:Stefan Heym

“Development is about transforming the lives of people, not just transforming economies.”

People Life Economy Development Training Economics Transformation Transforming

Author:Joseph Stiglitz

“What I did not know yet about hunger, but would find out over the next twenty-one years, was that brilliant theorists of economics do not find it worthwhile to spend time discussing issues of poverty and hunger. They believe that these will be resolved when general economic prosperity increases. These economists spend all their talents detailing the process of development and prosperity, but rarely reflect on the origin and development of poverty and hunger. A a result, poverty continues.”

“Economic development is something much wider and deeper than economics, let alone econometrics. Its roots lie outside the economic sphere, in education, organisation, discipline and, beyond that, in political independence and a national consciousness of self-reliance.”

“My father's vision was to see the Pilbara developed in a way that would benefit his beloved north, and West Australia and he wanted to see Australia become a stronger economy benefiting from the development of our north. His life was spent pursuing that vision.”

Way Wanted Father Vision Economy Development Benefits Ambition Economics Stronger West Beloved Australia

Author:Gina Rinehart

“Economic development over the past two centuries has taken most of humanity from lives that were brutal, ignorant and short, to personal health and security, material comfort and knowledge that were unknown to the elites of the wealthiest and most powerful societies in earlier times.”

“The time has come to link ecology to economic and human development. When you have seen one ant, one bird, one tree, you have not seen them all. What is happening to the rain forests of Madagascar and Brazil will affect us all.”

Knows Humans Science Knowledge Tree Economic Development Happenings Bird Rain Economics Forests Biology Links Ecology Ants Brazil Human Development Madagascar

Author:E. O. Wilson

“Without an acquaintance with chemistry, the statesman must remain a stranger to the true vital interests of the state, to the means of its organic development and improvement; ... The highest economic or material interests of a country, the increased and more profitable production of food for man and animals, ... are most closely linked with the advancement and diffusion of the natural sciences, especially of chemistry.”

Source: Familiar Letters on Chemistry, in its relation to Physiology, Dietetics, Agriculture, Commerce and Political Economy: Edited by John Blyth

“Some of the most serious fallacies of traditional economics have been due to confusion between optimum and equilibrium conditions; the apparent influence of Dr. Pangloss upon the development of economic thought is for the most part nothing but pure intellectual error.”

Has Beens Influence Economic Conditions Serious Development Pure Intellectual Economics Errors Dues Confusion Traditional Drs Equilibrium Fallacy Optimum

Author:Sir John Richard Hicks

“The solution was eventually found by Johannes Gutenberg, who made the breakthrough that finally established printing as the communication technology of the future. Similar ideas may have been under development around the same time in Prague and Haarlem. But in business, the key question is not about who else is in the race, it's about who gets there first. Johannes Gutenberg was the first to make the new technology work, ensuring his place in any history of the human race.”

“The socialism of centralised state control of industry and production, is dead. It misunderstood the nature and development of a modern market economy. It failed to recognise that the state and public sector can become a vested interest capable of oppression as much as the vested interests of wealth and capital. it was based on a false view of class that became too rigid to explain or illuminate the nature of class division today.”

Source: Tony Blair in His Own Words

“Darwin's greatest achievement was to show that the appearance of purpose, planning, teleology (design), and intentionality in the origin and development of human and animal species was entirely an illusion. The illusion could be explained by evolutionary processes that contained no such purpose at all. But the spread of ideas through imitation required the whole apparatus of human consciousness and intentionality”

“We still have a great amount of work to do in social development, including resolving one of the biggest challenges we face in this area, namely, reducing the gap between high-income earners and people, citizens of our country, who are still living on very modest means indeed. But we cannot, of course, adopt the solution used 80 years ago and simply confiscate the riches of some to redistribute among others. We will use completely different means to resolve this problem, namely, we will ensure good economic growth.”

“Education is both a tool of social justice as well as a fundamental driver of economic development.”

Wells Social Justice Education Economy Economic Development Economics Tools Social Justice Fundamentals Drivers Economic Development

Author:Kevin Rudd

“We are enjoying in Africa what I call the democracy dividend. The progress we are seeing, economic development are all part of the dividend of good governance, respect for human rights, rule of law. It has created an enabling environment that allows not only foreigners to come in and invest but for Ghanaians to invest. It has created an atmosphere for our young people to be creative, innovative”

“Training and development: The best development programmes change the way people see themselves”

People Way Business Development Training Economics Management Programmes

Author:John Bright

“Companies not interested in sustainable development issues will not survive long”

Long Business Company Issues Development Economics Management Not Interested Sustainable Development

Author:Malcolm Brinded

“What would it mean if there were a theory that explained everything? And just what does "everything" actually mean, anyway? Would this new theory in physics explain, say the meaning of human poetry? Or how economics work? Or the stages of psychosexual development? Can this new physics explain the currents of ecosystems, or the dynamics of history, or why human wars are so terribly common?”

Ifs Humans Mean Doe War Common Stage Theory Development Economics Historical Currents Physics Ecosystems Dynamics

Book:A Theory of Everything: An Integral Vision for Business, Politics, Science and Spirituality

Source: A Theory of Everything: An Integral Vision for Business, Politics, Science and Spirituality

“I think the team that successfully puts together an economic and social policy framework for global full employment in decent working conditions based on local development, that would command the support of all stakeholders and all international organizations concerned, should be awarded the [Nobel] prize. I am sure they would get it not just for economics, but also for peace in the world.”

“The real wealth of a nation is its people. And the purpose of development is to create an enabling environment for people to enjoy long, healthy, and creative lives. This simple but powerful truth is too often forgotten in the pursuit of material and financial wealth.”

“We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism. It will provide business and public policy with a powerful new tool for economic development, profitability, and the promotion of the public good.”

“Thirty years ago, if you said the country was living beyond its means, people would have thought about economics. Now, if you talk about the country, or the planet living beyond its means, you think about the environment. We are taking out more than we are giving back. We are consuming energy, water, and other natural resources in a way that is leading to huge and often irreversible damage to the planet. So too are most other developed nations. And so too will China and India if they follow the same path of economic development as us”

“General editors' preface The growth of translation studies as a separate discipline is a success story of the 1980s. The subject has developed in many parts of the world and is clearly destined to continue developing well into the twenty-first century. Translation studies brings together work in a wide variety of fields, including linguistics, literary study, history, anthropology, psychology, and economics. This series of books will reflect the breadth of work in translation studies and will enable readers to share in the exciting new developments that are taking place at the present time.”

“I want to be remembered as someone who put India on the scientific map of the world in terms of large innovation. I want to be remembered for making a difference to global healthcare. And I want to be remembered as someone who did make a difference to social economic development in India.”

“If, in our haste to 'progress,' the economics of ecology are disregarded by citizens and policy makers alike, the result will be an ugly America. We cannot afford an America where expedience tramples upon esthetics and development decisions are made with an eye only on the present.”

Ifs Made Eye America Decision Results Progress Policy Development Citizens Economics Ugly Makers Ecology Haste Disregarded Policy Makers Expedience

Book:The quiet crisis and the next generation

Source: The quiet crisis and the next generation

Economics Quotes

Related topics

Economics Quotes