Best economics & poverty Quotes | Short & Famous Sayings

“.......the poor of the world cannot be made rich by redistribution of wealth. Poverty can't be eliminated by punishing people who've escaped poverty, taking their money and giving it as a reward to people who have failed to escape. Economic leveling doesn't work. Whether we call it Marxism, Progressive Reform, or Clintonomics, the result is the same slide into the stygian pit. Communists worship Satan; socialists think perdition is a good system run by bad men; and liberals want us to go to hell because it's warm there in the winter.”

Source: All the Trouble in the World: The Lighter Side of Overpopulation, Famine, Ecological Disaster, Ethnic Hatred, Plague, and Poverty

“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

“It would take little more than $50 billion to raise every poor person above the official poverty line, yet the percentage of the population classified as poor hardly budges, while annual welfare spending amounts to four times that much. Where's the money going?”

Littles Persons Lines Poor Poverty Four Amount Economics Raises Population Corruption Spending Billions Welfare Officials Percentages Annuals

Author:Robert Higgs

“Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it. ... Absolute misery grows while wealth increases.”

Grows Growth Wealth Poverty Economics Overcoming Increase Absolutes Misery Subjective

Book:The Second Crisis of Economic Theory: And Other Selected Papers from the American Economic Meeting, December 27-29, 1971

Source: The Second Crisis of Economic Theory: And Other Selected Papers from the American Economic Meeting, December 27-29, 1971

“Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry.”

Source: Contributions to Modern Economics

“A lot of Democrats have said that raising the minimum wage is both good economics and good politics. The nonpartisan CBO issued a report today saying that raising the minimum wage to $10.10 an hour would cost the economy about 500,000 jobs...Why should we trust Democrats on anything when they couldn't have foreseen that this would be the case?”

“Racism is not nearly as important as poverty. That's the same around the world. What look like ethnic problems are really economic issues. If you look closely at all these conflicts around the world, they come down to poverty and economics and resources. The more poverty, the worse the war.”

Ifs World Looks Important War Problem Poverty Issues Economic Conflict Racism Resources Economics Around The World Economic Issues

Author:Marjane Satrapi

“Experience demands that man is the only animal which devours his own kind, for I can apply no milder term to the general prey of the rich on the poor.”

“When you subsidize poverty and failure, you get more of both.”

Politics Liberty Poverty Economics Libertarian Libertarianism Freedom And Liberty Income Tax Freedom Liberty

Book:The Great Reckoning: Protecting Yourself in the Coming Depression

Source: The Great Reckoning: Protecting Yourself in the Coming Depression

“We have weapons of mass destruction we have to address here at home. Poverty is a weapon of mass destruction. Homelessness is a weapon of mass destruction. Unemployment is a weapon of mass destruction.”

Home Poverty Economy Health Weapons Mass Economics Destruction Addresses Unemployment Homelessness Weapons Of Mass Destruction Mass Destruction

Author:Dennis Kucinich

“You can't get rid of poverty by giving people money.”

People Giving Poor Poverty Economics Libertarian Libertarianism Poor People Ending Poverty Giving Money Global Poverty

Book:PARLIAMENT OF WHORES A Lone Humorist Attempts to Explain the Entire U.S. Government

Source: PARLIAMENT OF WHORES A Lone Humorist Attempts to Explain the Entire U.S. Government

“An imbalance between rich and poor is the oldest and most fatal ailment of all republics.”

“Rather than dividing the world between good and evil, the Left divided the world in terms of economics. Economic classes, not moral values, explained human behavior. Therefore, to cite a common example, poverty, not one's moral value system, or lack of it, caused crime.”

“It is too difficult to think nobly when one thinks only of earning a living.”

Thinking Life Political Difficult Business Poverty Economics Philosophical Management Earning Earning A Living Earning It

Author:Jean-Jacques Rousseau

“Every nation on the Earth that embraces market economics and the free enterprise system is pulling millions of its people out of poverty. The free enterprise system creates prosperity, not denies it.”

People Earth Nations Poverty Millions Economics Embrace Prosperity Deny Enterprise Pulling Free Enterprise

Author:Marco Rubio

“I learned a good deal about economics, and about America, from the author of the Reagan tax reforms - the great Jack Kemp. What gave Jack that incredible enthusiasm was his belief in the possibilities of free people, in the power of free enterprise and strong communities to overcome poverty and despair. We need that same optimism right now.”

“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.”

“Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.”

Inspirational Time Community Wealth Poverty Economics Sacred Lifetime Bounds Surplus

Author:Andrew Carnegie

“There's enough on this planet for everyone's needs but not for everyone's greed.”

“The greatest country, the richest country, is not that which has the most capitalists, monopolists, immense grabbings, vast fortunes, with its sad, sad soil of extreme, degrading, damning poverty, but the land in which there are the most homesteads, freeholds - where wealth does not show such contrasts high and low, where all men have enough - a modest living- and no man is made possessor beyond the sane and beautiful necessities.”

“The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all.”

Sometimes Political Politics Wealth Poor Poverty Rich Economics Inequality Riches And Poors

Book:The Essential Gilbert K. Chesterton

Source: The Essential Gilbert K. Chesterton

“Public education is the key civil rights issue of the 21st century. Our nation's knowledge-based economy demands that we provide young people from all backgrounds and circumstances with the education and skills necessary to become knowledge workers. If we don't, we run the risk of creating an even larger gap between the middle class and the poor. This gap threatens our democracy, our society and the economic future of America.”

“As our economy faces up to potential labour shortages due to our ageing population and as it moves to a new level of sophistication to compete with the rest of the world, we're going to need every Australian on board pulling their weight, rejoining the workforce, gaining new skills. Writing off individuals and communities suffering from poverty just creates a dead weight for our economy to drag along.”

“Economic growth without social progress lets the great majority of the people remain in poverty, while a privileged few reap the benefits of rising abundance.”

Source: Public Papers of the Presidents of the United States: John F. Kennedy, 1961

“What good does the theory [of economics] do if it is not working for people?”

People Ifs Doe Poverty Theory Economics

Author:Muhammad Yunus

“It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics. Why? Because discrimination, poverty and ignorance restrict growth. We know that investments in education, infrastructure and scientific and technological research increase growth. They increase good jobs, and they create new wealth for all of us.”

“How can wealth persuade poverty to use its political freedom to keep wealth in power? Here lies the whole art of Conservative politics in the twentieth century.”

Art Whole Use Political Lying Wealth Poverty Century Economics Conservative Twentieth Century Political Freedom

Author:Aneurin Bevan

“The hope that poverty and ignorance may gradually be extinguished derives indeed much support from the steady progress of the working classes during the 19th century.”

May Philosophy Political Class Poverty Support Progress Century Ignorance Economics Steady Working Class 19th Century Steady Progress

Book:Principles of Economics: An Introductory Volume

Source: Principles of Economics: An Introductory Volume

“As liberals, men like Richter viewed socialism as the great modern counter-revolution, and believed that the achievement of the socialist goal would lead both to appalling poverty and state absolutism. There was nothing in the socialist doctrine of the time that would suggest otherwise.”

Men States Philosophy Political Goal Poverty Modern Revolution Achievement Economics Socialism Doctrine Socialist Absolutism

Author:Ralph Raico

“The essence of Africa's crises is fundamentally it's extreme poverty.”

Philosophy Political Poverty Economics Essence Crisis Extremes Extreme Poverty

Author:Jeffrey Sachs

“We need a race to the top so that we have policies and regulations that protect human rights, the environment and that reduce poverty.”

Needs Humans Race Poverty Environment Rights Policy Protect Economics Human Rights Regulation

Author:Winnie Byanyima

“Any city, however small, is in fact divided into two, one the city of the poor, the other of the rich; these are at war with one another.”

Two War Facts Wealth Poor Cities Poverty Rich Economics Inequality Divided Plato City Life Urban Life War On Poverty

Book:The Portable Plato

Source: The Portable Plato

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