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Economics Quotes

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Economics Quotes

“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.”

“As Muslims, we are all equals, we abide by the laws and we understand that we have to be active citizens wherever we are. Our goals are first to live by our principles, to remind people of these values, to reconcile our respective societies with these shared universal values and to try our best to push for a spiritual agenda with more ethics in society, in politics, in economics, and in culture.”