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Economy Quotes

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Economy Quotes

“I think right now the jury is out on where and how much profit is available in the consumer electronics industry, because if you look at the current consumer electronics players, the biggest ones on the planet struggle to make profit consistently.”

Ifs Thinking Looks Struggle Economy Player Planets Industry Right Now Profit Currents Available Consumers Consistently Jury Electronics

Author:Kevin B. Rollins

“Civil servants are fully aware of the challenges the British economy faces. They are, after all, working tirelessly and professionally to support the coalition government through the current challenges, every day, and in every part of Britain.”

Government Faces Challenges Support Economy Currents British Servant Britain Coalitions Civil Servants British Economy

Author:Gus O'Donnell, Baron O'Donnell

“I believe we can do much more to adapt to the structural changes in the global economy, get high-end manufacturing back here, set up clusters of economic activity where you have, among other things, continuous retraining of people well into their middle years so they never become irrelevant to the current job market.”

People Years Believe Wells Ends Jobs I Believe Can Do Economy Economic Middle Activity Currents Irrelevant Manufacturing Global Economy Getting High Clusters

Author:William J. Clinton

“The economy has settled into a sustainable, self-reinforcing growth path, .. All major categories of the economy have contributed to economic growth. Now that businesses have begun to add to payrolls, the current expansion is self-reinforcing. Only external shocks, such as terrorist attacks or a surge in oil prices, could derail the recovery.”

Self Growth Economy Path Economic Majors Add Currents Oil Terrorist Recovery Shock Categories Expansion Economic Growth Terrorist Attacks Payroll Oil Price

Author:Sung Won Sohn

“The fears of recession in the aftermath of Black Monday have turned to fears of the economy racing ahead too fast, with inflation edging up and a substantial current account deficit... People understandably feel more confident about their future than they've done for decades, but as a result they have been borrowing more and saving less... Coming on top of a massive income investment boom, it's all been just a bit too much of a good thing.”

“To condemn free-market capitalism because of anything going on today makes no sense. There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political parties. One may condemn the fraud and the current system, but it must be called by its proper names Keynesian inflationism, interventionism, and corporatism.”

Source: Pillars of Prosperity: Free Markets, Honest Money, Private Property

“The only factor that poses a genuine challenge to the current order is the willingness of human beings to reject the injustice and irrationality of this economy, and stand up for something better. Capitalism will not fall-rather, it must be pushed.”

Humans Order Fall Challenges Human Beings Economy Capitalism Injustice Currents Genuine Factors Rejects Willingness Something Better Irrationality

Author:Jim Stanford

“We forget today that Britain still depends for its livelihood and, indeed, its day-to-day survival, on the sea. But the Royal Navy is now pitifully small and has been reduced in size by the current Government, seeking economies to finance its social programmes. Fine while there is no threat to our security. But what use would schools and hospitals be if we could not protect our imports?”

“Always moved by religious motives, the Church has condemned the various forms of Marxist Socialism; and she condemns them today, because it is her permanent right and duty to safeguard men from currents of thought and influence that jeopardize their eternal salvation.”

Men Wisdom Today Form Politics Church Religious Economy Influence Duty Eternal Moved Salvation Currents Various Socialism Permanent Motive Liberalism Marxist Jeopardize

Author:Pope Pius XI

“In fact, without any exaggeration, the current mechanism of money creation through credit is certainly the "cancer" that's irretrievably eroding market economies of private property.”

Facts Economy Creation Property Cancer Currents Credit Mechanism Exaggeration Private Property Market Economy

Author:Maurice Allais

“Good government cannot be found on the bargain-counter. We have seen samples of bargain-counter government in the past when low tax rates were secured by increasing the bonded debt for current expenses or refusing to keep our institutions up to the standard in repairs, extensions, equipment, and accommodations. I refuse, and the Republican Party refuses, to endorse that method of sham and shoddy economy.”

“There are 11 states in the United States that in the last 50 years instituted an income tax. So I looked at each of those 11 states over the last 50 years, and I took their current economic metrics and their metrics for the five years before they put in the progressive income tax... Every single state that introduced a progressive income tax has declined as an overall share of the U.S. economy.”

Years States Lasts United United States Economy Five Share Economic Taxes Currents Income Five Years Progressive Income Tax Metrics

Author:Arthur Laffer

“As an element in human progress, the right of private property, in importance, has taken first and almost only place in the current systems of law and of political economy. While admitting its great importance, we cannot conceal the fact that the writers on those subjects have wholly failed to distinguish between its use and its abuse, or to recognize its rational and equitable limits.”

“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

“There's no free lunch. If you want an industrial economy, you need energy. If you want energy, it will produce pollution. You can have it in two forms. You can have it dissipated in the atmosphere - like carbon dioxide - which then you cannot recover, or you can have the waste concentrated in one small space like nuclear. That is far easier to deal with. The idea that you can be able to create renewable energy at a price anywhere near the current price for oil or gas or coal is a fantasy.”

“In the current economic situation, the temptation for the more dynamic economies is that of chasing after advantageous alliances that, nevertheless, can have harmful effects for poorer states, prolonging situations of extreme mass poverty of men and women and using up the earth's natural resources, entrusted to man by God the Creator-as Genesis says-that he might cultivate and protect it.”

“Our current expectations for what our students should learn in school were set ﬁfty years ago to meet the needs of an economy based on manufacturing and agriculture. We now have an economy based on knowledge and technology.”

Needs Should Years School Technology Economy Students Expectations Years Ago Currents Agriculture Manufacturing

Author:Bill Gates