Best economics & workers Quotes | Short & Famous Sayings

“All of the progress that the US has made over the last couple of centuries has come from unemployment. It has come from figuring out how to produce more goods with fewer workers, thereby releasing labor to be more productive in other areas. It has never come about through permanent unemployment, but temporary unemployment, in the process of shifting people from one area to another.”

People Made Lasts Process Progress Century Produce Couple Areas Economics Labor Workers Permanent Productive Goods Temporary Fewer Unemployment Shifting

Author:Milton Friedman

“The capitalist workplace is one of the most profoundly undemocratic institutions on the face of the Earth. Workers have no say over decisions affecting them. If workers sat on the board of directors of democratically operated self-managed enterprises, they wouldn't vote for the wildly unequal distribution of profits to benefit a few and for cutbacks for the many.”

“We must have an economy that does not force the migrant worker's child to miss school in order to earn...just so the family can eat. That is the moral bankruptcy that trickle-down economics is all about.”

Children Doe School Order Force Moral Economy Missing Economics Workers Bankruptcy Migrants Trickle Down Trickle Down Economics Migrant Workers

Author:Barbara Jordan

“NAFTA, supported by the Secretary cost, us 800,000 jobs nationwide, tens of thousands of jobs in the Midwest. Permanent normal trade relations with China cost us millions of jobs. Look, I was on a picket line in early 1990's against NFATA because you didn't need a PhD in economics to understand that American workers should not be forced to compete against people in Mexico making 25 cents an hour.”

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Author:Bernie Sanders

“At the peak of the so-called great success of neoliberal economics, in 2007, right before the crash, non-supervisory workers were at wages considerably lower than in 1979, when the neoliberal assault was taking off. That perfectly naturally causes resentment and fear, and combines with a tendency to blame the most vulnerable.”

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Author:Noam Chomsky

“Workers of the world unite; you have nothing to lose but your chains.”

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Author:Karl Marx

“Many of my students assume that government protection is the only thing ensuring decent wages for most American workers. But basic economics shows that competition between employers for workers can be very effective at preventing businesses from misbehaving.”

Shows Government Students Economics Competition Assuming Workers Protection Decent Wages Employers Preventing American Workers Misbehaving

Author:Christina Romer

“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.”

“The "progressives" who today masquerade as "liberals" may rant against "fascism"; yet it is their policy that paves the way for Hitlerism. Nothing could have been more helpful to the success of the National-Socialist (Nazi) movement than the methods used by the "progressives," denouncing Nazism as a party serving the interests of "capital." The German workers knew this tactic too well to be deceived by it again.”

“If you want creative workers, give them enough time to play.”

“Any union that can't accept workers choosing their own representatives through universal franchise is finished.”

Philosophy Political Accepting Economics Universal Unions Workers Finished Representatives

Author:Jacques Delors

“People respond to incentives. If unemployment becomes more attractive because of the unemployment benefit, some unemployed workers may no longer try to find a job or may not try to find one as quickly as they would without the benefit.”

People Ifs Trying May Philosophy Jobs Political Benefits Economics Workers Attractive Unemployment Incentives Unemployed Unemployment Benefits

Author:Paul Krugman

“Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of raising the natural rate of unemployment.”

Source: CourseSmart E-Book for Macroeconomics: A PDF-style E-Book

“Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better idea is to have the government subsidize low-wage employment. The earned-income tax credit for low-income workers - which has been the object of proposed cuts by both President Clinton and congressional Republicans - has been a positive step in this direction.”

“There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions.”

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Author:Robert Reich

“If there is no worker involvement, there is no quality system”

Ifs Leadership Business Quality Economics Management Workers Involvement

Author:Lloyd Dobyns

“My friends, that's trickle-down economics, and I believe every worker in America is tired of being trickled on by George W. Bush”

Believe America I Believe My Friends Economics Tired Workers Trickle Down Trickle Down Economics

Author:John F. Kerry

“Market forces have no intrinsically moral direction, which is why, before he wrote The Wealth of Nations, Adam Smith wrote The Theory of Moral Sentiments. Ethics should precede economics. But it doesn't have to. . . . We know this because we've seen the results of capitalism without conscience: the pollution of the air we breathe, the water we drink, and the food we eat; the endangerment of workers; and the sale of dangerous products - from cars to toys to drugs. All in pursuit of ever-greater profits.”

“But can we please stop insisting that if low-wage workers earn a little bit more, unemployment will skyrocket and the economy will collapse? There is no evidence for it. The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense.”

“The productivity of work is not the responsibility of the worker but of the manager.”

Work Business Responsibility Economy Wise Economics Management Workers Productivity Managers

Book:Managing in Turbulent Times

Source: Managing in Turbulent Times

“The farmer and manufacturer can no more live without profit than the labourer without wages.”

Business Company Economics Workers Profit Makers Farmers Wages Farming Labourers

Book:The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch

Source: The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch

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Economics Quotes