Best economy & consumption Quotes | Short & Famous Sayings

“We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s going to drive the economy too far from its full employment path, though.”

Thinking Might House Bits Economy Path Bases Spending Employment Decline Consumption House Prices

Author:Ben Bernanke

“Roughly two billion people participate in the money economy, with less than half of those living in the wealthy countries of the developed world. These affluent 800 million, however, account for more than 75 percent of the world's energy and resource consumption, and also create the bulk of its industrial, toxic, and consumer waste.”

People World Two Country Energy Half Millions Economy Waste Percent Resources Accounts Billions Consumers Wealthy Toxic Consumption Consumerism Overconsumption Affluent

Author:Stuart L. Hart

“We have created new idols. The worship of the ancient golden calf (cf. Ex 32:1-35) has returned in a new and ruthless guise in the idolatry of money and the dictatorship of an impersonal economy lacking a truly human purpose. The worldwide crisis affecting finance and the economy lays bare their imbalances and, above all, their lack of real concern for human beings; man is reduced to one of his needs alone: consumption.”

“We must surely appear to the world as exactly what we are: a nation that organizes its economy around consuming twice as much oil as it produces, and around the profligate wastefulness of the wars and campaigns required to defend such consumption. In recent years we have defined our national interest largely in terms of the oil fields and pipelines we need to procure fuel.”

Source: Small Wonder

“Many Christians, though keenly sensitive to the dangers of greed and discontent that come with an economy of continually increasing consumption, nevertheless feel that it is worth risking if only it can end man's physical miseries. The trouble is that it can't. In a finite world, continually increasing consumption is just not possible.”

Ifs Men World Feels Ends Christian Economy Trouble Danger Misery Greed Sensitive Consumption Nevertheless Consumerism Finite Discontent Overconsumption

Author:Joy Davidman

“Overpopulation is the problem of the third and fourth World; over-consumption is the problem of the West. The average American child this year will consume as much of the world's resources as twenty children born in India. Deliberate and calculated waste is the central aspect of the American economy. We over-eat, over-buy, and over-built, spewing out our toxic wastes upon the earth and into the air.”

“To the extent that hiring in high-wage, developed economies continues to lag, the sustainability of any impetus to private consumption can be drawn into serious question.”

Economy Serious Sustainability Consumption Wages Hiring Impetus Lag

Author:Stephen S. Roach

“Unfortunately, once an economy is geared to expansion, the means rapidly turn into an end and "the going becomes the goal." Even more unfortunately, the industries that are favored by such expansion must, to maintain their output, be devoted to goods that are readily consumable either by their nature, or because they are so shoddily fabricated that they must soon be replaced. By fashion and built-in obsolescence the economies of machine production, instead of producing leisure and durable wealth, are duly cancelled out by the mandatory consumption on an even larger scale.”

Mean Ends Turns Goal Wealth Economy Fashion Industry Built Machines Productions Scales Goods Leisure Devoted Consumption Replaced Expansion Output Obsolescence

Book:THE CITY IN HISTORY

Source: THE CITY IN HISTORY

“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.”

Important Half Economy Economic Accounts Function Productions Spending Capitalist Household Consumption Gdp Capitalist Economy

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

“It is fairer to tax people on what they extract from the economy, as roughly measured by their consumption, than to tax them on what they produce for the economy, as roughly measured by their income.”

People Economy Produce Taxes Income Consumption

Author:Thomas Hobbes

“If we functionally define a capitalist household as one that receives at least half of the annual income it spends on consumption in the form of return on invested capital, less than 1 percent of United States households are capitalists.”

Ifs States Wisdom Form Politics United Half United States Economy Return Percent Income Liberalism Capitalist Household Consumption Annuals

Author:Louis O. Kelso

“All those who, since Adam Smith, have turned their attention to Political Economy, agree that in reality we do not buy articles of consumption with money, the circulating medium with which we pay for them. We must in the first instance have bought this money itself by the sale of our produce.”

Firsts Wisdom Reality Political Politics Pay Attention Economy Produce Agree Mediums Instance Liberalism Articles Adam Consumption Political Economy

Book:Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

Source: Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

“To a proprietor of a mine, the silver money is a produce with which he buys what he has occasion for. To all those through whose hands this silver afterwards passes, it is only the price of the produce which they themselves have raised by means of their property in land, their capitals, or their industry. In selling them they in the first place exchange them for money, and afterwards they exchange the money for articles of consumption.”

Firsts Mean Hands Politics Economy Land Produce Mines Industry Property Raised Selling Occasions Liberalism Silver Articles Consumption

Book:Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

Source: Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

“The new markets that arise from ecological constraints will dominate the 21st century economy, and so will markets for knowledge.”

Growth Economy Century Arise Consumption 21st Century Constraints Ecological

Author:Graciela Chichilnisky

“The pattern is clear: if we could speed up time, it would seem as if the global economy is crashing against the earth - the Great Collision.”

Ifs Seems Earth Growth Economy Clear Patterns Speed Consumption Global Economy Collision

Book:The Bridge at the Edge of the World: Capitalism, the Environment, and Crossing from Crisis to Sustainability

Source: The Bridge at the Edge of the World: Capitalism, the Environment, and Crossing from Crisis to Sustainability

“Our early 21st century civilization is in trouble. We need not go beyond the world food economy to see this. Over the last few decades we have created a food production bubble-one based on environmental trends that cannot be sustained, including overpumping aquifers, overplowing land, and overloading the atmosphere with carbon dioxide.”

“Although population and consumption are societal issues, technology is the business of business. If economic activity must increase tenfold over what it is today to support a population nearly double its current size, then technology will have to reduce its impact twenty-fold merely to keep the planet at its current levels of environmental impact. For example, to stabilize the climate we may have to reduce real carbon emissions by as much as 80 percent, while simultaneously growing the world economy by an order of magnitude.”

Source: Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World

“The illusion that consumption - and its correlative, income - is desirable probably stems from too great preoccupation with what Knight calls "one-use goods," such as food and fuel, where the utilization and consumption of the good are tightly bound together in a single act or event. ... any economy in the consumption of fuel that enables us to maintain warmth or to generate power with lessened consumption again leaves us better off. ... there is no great value in consumption itself.”

“It turns out the population issue is an easier thing to deal with than the consumption issue. Some obvious extremes in consumption we can deal with. The standard cure for a stuttering economy is to go out and buy an SUV and three more refrigerators. That's obviously not the way to go.”

Way Turns Three Deals Economy Issues Easier Standards Population Obvious Extremes Cures Consumption Refrigerators Stuttering Suvs

Author:Paul R. Ehrlich

“By fashion and built-in obsolescence the economies of machine production, instead of producing leisure and durable wealth, are duly cancelled out by the mandatory consumption on an even larger scale.”

Wealth Economy Fashion Built Machines Productions Scales Leisure Consumption Obsolescence

Author:Lewis Mumford

“Inappropriate macro economic policies in some economies, characterised by [a] low savings rate and high consumption [and] failure of financial supervision and regulation to keep up with innovation which allowed financial derivatives to spread.”

Economy Economic Policy Lows Innovation Rate Financial Spread Saving Regulation Consumption Savings Inappropriate Derivatives Economic Policy Supervision Macro

Author:Wen Jiabao

“If we attempt to preserve the consumer economy indefinitely, ecological forces will dismantle it savagely. If we proceed to dismantle it gradually ourselves, we will have the opportunity of replacing it with a low consumption economy that can endure.”

Ifs Opportunity Force Economy Lows Endure Consumers Preserves Consumption Ecological

Author:Alan Thein Durning

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