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Economics Quotes

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Economics Quotes

“.......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

“Our goal is not to assume leadership of existing institutions, but rather to render them irrelevant. We don't want to take over the state or change its policies. We want to render its laws unenforceable. We don't want to take over corporations and make them more 'socially responsible.' We want to build a counter-economy of open-source information, neighborhood garage manufacturing, permaculture, encrypted currency and mutual banks, leaving the corporations to die on the vine along with the state. We do not hope to reform the existing order. We intend to serve as its grave-diggers.”

“The potential gains from improved stabilization policies are on the order of hundredths of a percent of consumption, perhaps two orders of magnitude smaller than the potential benefits of available supply-side fiscal reforms.”

Two Order Sides Policy Benefits Percent Gains Economics Available Reform Consumption Magnitude

Author:Robert Lucas, Jr.

“Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.”

Ifs Giving School Sound Money Economics Currents Reform Cycles Cheer Reserves Replaced Economist Banking Inflation Central Banks Bailouts

Author:Llewellyn Rockwell

“People who know the economy is rigged in favor of big money, people who know that our middle class continues to decline and we have to go outside of establishment politics and economics, people who know that we need to reform a broken criminal justice system and we need comprehensive immigration reform.”

“One of the jewels in the crown of Labour's time in office was the rescue of the National Health Service. As the Commonwealth Fund, the London School of Economics and the Nuffield Foundation have all shown, health reforms as well as additional investment were essential to improved outcomes, especially for poorer patients.”

Wells School Essentials Office Economics Foundation Investment Patient London Reform Outcomes Labour Fund Rescue Crowns Jewels Commonwealth Health Services Health Reform

Author:David Miliband

“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.”

“A [tax loophole is] something that benefits the other guy. If it benefits you, it is tax reform.”

Ifs Guy Liberty Taxes Benefits Economics Libertarian Reform Libertarianism Taxation Other Guys Irs Loopholes Tax Day Tax Reform

Author:Russell B. Long

“The vision of personalised public services - meeting the individual needs of all our citizens - requires continuing reform in the way services are delivered”

Way Needs Individual Vision Citizens Economics Meetings Reform Continuing Public Service

Book:Speeches, 1997-2006

Source: Speeches, 1997-2006

“The understanding which has driven New Labour's reform is to put the individual citizen - the patient, the parent, the pupil, the law abiding citizen - at the centre of each public service, with the service reformed to meet their individual requirements”

Law Individual Parent Understanding Citizens Economics Patient Driven Reform Labour Requirements Centre Abiding Public Service Pupils Law Abiding Citizen

Author:Tony Blair

“The prudential regulation that I have put in place has been absolutely critical. The fiscal policy which we have put in place has been absolutely critical and if people looked at Australia now turn its back on economic reform, which of course industrial relations rollback or throwback would be, let me tell you, that would really start affecting confidence.”

People Ifs Has Beens Would Be Turns Courses Economy Economic Policy Economics Let Me Relation Critical Reform Australia Regulation Fiscal Policy Throwback Economic Reforms

Author:Peter Costello