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Economy Quotes

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Economy Quotes

“In a consumer society, expectations dare not plateau, because a growing economy depends on rising expectations... The more we let our level of contentment be determined by outside factors-a new car, fashionable clothes, a prestigious career, social status-the more we relinquish control over our own happiness.”

“The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.”

“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?”

“It depends on the consent of the people to decide whether kings or consuls or other magistrates are to be established in authority over them, and if there is legitimate cause, the people can change a kingdom into an aristocracy, or an aristocracy into a democracy, and vice versa, as we read was done in Rome.”

“The industrial economy which divides society absolutely into two portions, the payers of wages and the receivers of them, the first counted by thousands and the last by millions, is neither fit for, nor capable of, indefinite duration: and the possibility of changing this system for one of combination without dependence, and unity of interest instead of organized hostility, depends altogether upon the future developments of the Partnership principle.”