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Economy Quotes

Browse 6050 quotes about Economy.

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Economy Quotes

“Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. ... In developed capitalist economies, private consumption spending accounts for half or more of GDP.”

ImportantHalfEconomyEconomicAccountsFunctionProductionsSpendingCapitalistHouseholdConsumptionGdpCapitalist Economy
Book:Economics for everyone: a short guide to the economics of capitalism
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“One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them.”

PeopleSocialWealthExistencePovertyMillionsEconomyEconomicTerribleCapitalismEndureIncrediblesExtremesDespiteContinuingDeprivationExtreme Poverty
Book:Economics for everyone: a short guide to the economics of capitalism
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“Our own economy tells us to take as much as we can get, right? Our own economy says, you're going to be the most successful graduate if you go into the business world and take as much you can get. That's not how nature works. Nature has a much simpler economy. Everything in nature takes what it needs. That's it. You don't see an oak tree gathering up all the resources. An oak tree takes what it needs to be the authentic oak tree it is.”

IfsWorldNeedsEconomySuccessfulTreeResourcesSimplicityGraduatesGatheringOaksBusiness WorldOak Tree
Author:Tom Shadyac
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“The transition from coal, oil, and gas to wind, solar, and geothermal energy is well under way. In the old economy, energy was produced by burning something - oil, coal, or natural gas - leading to the carbon emissions that have come to define our economy. The new energy economy harnesses the energy in wind, the energy coming from the sun, and heat from within the earth itself.”

WayWellsEarthEnergyNaturalEconomySunWindOilBurningHeatGasTransitionCarbonCoalEmissionsHarnessNatural GasOil And GasCarbon EmissionsNew EnergyAlternative EnergyGeothermalGeothermal Energy
Author:Lester R. Brown
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“We want to ensure a multilateral development of society, the thriving of all sides of social life, economy, science and culture, the improvement of management, the moulding of the new man and the promotion of socialist ethics and equity.”

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Book:Nicolae Ceaușescu, builder of modern Romania and international statesman
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“I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.”

IfsBelieveMayLongSaidStillsGovernmentRunningIndividualDecisionPowerfulEconomyEconomicExerciseJudgmentMedicinePainfulHarmDebateFasterLong RunsMistakenBusinessmanI Still BelieveFree Economy
Author:John James Cowperthwaite
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“Deficit financing proper is rather the process whereby a Government spends more money that it withdraws from the economy by taxation, borrowing, running down reserves, etc.; thereby causing in most circumstances, and very acutely in ours, monetary inflation and severe pressure on the balance of payments.”

GovernmentRunningProcessEconomyBalanceCircumstancesPressureEtcMore MoneyReservesSevereTaxationInflationDeficitPaymentMonetaryBorrowingFinancing
Author:John James Cowperthwaite
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“Industrial production, the flow of resources in the economy, the exertion of military effort in a war, the management of finances --all require the coordination of interrelated activities. What these complex undertakings share in common is the task of constructing a statement of actions to be performed, their timing and quantity (called a program or schedule), that, if implemented, would move the system from a given initial status as much as possible towards some defined goal”

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Author:George Dantzig
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“Industrial production, the flow of resources in the economy, the exertion of military effort in a war theater-all are complexes of numerous interrelated activities. Differences may exist in the goals to be achieved, the particular processes involved, and the magnitude of effort. Nevertheless, it is possible to abstract the underlying essential similarities in the management of these seemingly disparate systems.”

MayWarProcessGoalDifferencesEffortEconomyMilitaryParticularInvolvedActivityEssentialsResourcesFlowTheaterManagementComplexesProductionsAbstractNeverthelessSimilarityMagnitudeExertion
Book:Linear Programming and Extensions
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“Although the formulations of science now offer the most advanced knowledge of nature, men continue to use obsolete forms of thought long discarded by scientific theory. In so far as these obsolete forms are superfluous for science, the fact that they persist violated the principle of the economy of thought, that characteristic trait of the bourgeois temper.”

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Author:Max Horkheimer
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“As soon as a thought or word becomes a tool, one can dispense with actually 'thinking' it, that is, with going through the logical acts involved in verbal formulation of it. As has been pointed out, often and correctly, the advantage of mathematics - the model of all neo-positivistic thinking - lies in just this 'intellectual economy.' Complicated logical operations are carried out without actual performance of the intellectual acts upon which the mathematical and logical symbols are based. ... Reason ... becomes a fetish, a magic entity that is accepted rather than intellectually experienced.”

ThinkingHas BeensReasonLyingEconomyMagicInvolvedIntellectualModelsAdvantageToolsPerformancesMathematicsComplicatedAcceptedSymbolsMathematicalOperationsLogicalEntityFetish
Author:Max Horkheimer
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“The sacrifices of our people were very great. Out of a population of one million, 28,000 were killed, 12,600 wounded, 10,000 were made political prisoners in Italy and Germany, and 35,000 made to do forced labour, of ground; all the communications, all the ports, mines and electric power installations were destroyed, our agriculture and livestock were plundered, and our entire national economy was wrecked.”

PeopleMadePoliticalMillionsEconomySacrificeMinesCommunicationPopulationDestroyedGermanyLabourPrisonerElectricAgricultureWoundedPortLivestockInstallationPolitical PrisonersNational EconomyElectric Power
Author:Enver Hoxha
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“The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt. [...] The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor.”

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Author:Michael Hudson
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“The Occupy Wall Street collective is confused about what it wants but it wants it now! Some of the loonier demands from its independent thinkers: Striking all existing public and private debt from the books across the "entire planet"; elimination of all international borders; free college education; a guaranteed "living wage" for all regardless of employment; an end to free trade; trillions in additional spending for infrastructure and ecological restoration; and ending the fossil fuel economy.”

WantBookEndsEconomyStreetsCollegePlanetsWallDemandIndependentTradeInternationalDebtSpendingEmploymentBordersConfusedFuelCollectivesThinkerFossilsInfrastructureRestorationFossil FuelEcologicalEliminationFree TradeCollege EducationLiving WageOccupy Wall StreetFuel Economy
Author:Mike Rosen
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“If we want to make the best products, we also have to invest in the best ideas... Every dollar we invested to map the human genome returned $140 to our economy... Today, our scientists are mapping the human brain to unlock the answers to Alzheimer's... Now is not the time to gut these job-creating investments in science and innovation. Now is the time to reach a level of research and development not seen since the height of the Space Race.”

IfsWantHumansIdeasTodayJobsSpaceAnswersLevelsRaceBrainEconomyProductsDevelopmentCreatingResearchScientistInnovationDollarsInvestmentHeightGutsMapsHuman BrainAlzheimerAlzheimer'sResearch And DevelopmentGenomeMappingSpace RaceEconomy Today
Author:Barack Obama
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“Waste cannot be accurately told, though we are sensible how destructive it is. Economy, on the one hand, by which a certain income is made to maintain a man genteelly; and waste, on the other, by which on the same income another man lives shabbily, cannot be defined. It is a very nice thing; as one man wears his coat out much sooner than another, we cannot tell how.”

MenMadeHandsCertainEconomyNiceWasteIncomeDefinedDestructiveOne ManSensibleCoatsAnother ManVery NiceNice Things
Book:The life of Samuel Johnson, LL. D., comprehending an account of his studies, and numerous works, in chronological order: a series of his epistolary correspondence and conversations with many eminent persons; and various original pieces of his composition, never before published; the whole exhibiting a view of literature and literary men in Great Britain, for near half a century during which he flourished
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“Significant changes in the growth rate of money supply, even small ones, impact the financial markets first. Then, they impact changes in the real economy, usually in six to nine months, but in a range of three to 18 months. Usually in about two years in the US, they correlate with changes in the rate of inflation or deflation." "The leads are long and variable, though the more inflation a society has experienced, history shows, the shorter the time lead will be between a change in money supply growth and the subsequent change in inflation.”

YearsFirstsLongTwoRealShowsThreeGrowthEconomyMonthsSixImpactRateInvestingFinancialSignificantNineRangeTwo YearsInflationVariablesNine MonthsFinancial MarketsSignificant ChangeDeflation
Author:Milton Friedman
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