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Economy Quotes

Browse 6050 quotes about Economy.

Economy Quotes

“There is a difference between strategic or technical default and default where you really don't have the economy to support the spending. We are not at that point yet. We could be. We could be, like some European nations.”

Nations Differences Support Economy Spending Strategic Default

Author:Charles Bass

“The economy is still substantially that of the fur trade, still based on the same general kinds of commercial items: technology, weapons, ornaments, novelties, and drugs. The one great difference is that by now the revolution has deprived the mass of consumers of any independent access to the staples of life: clothing, shelter, food, even water. Air access remains the only necessity that the average user can still get for himself, and the revolution has imposed a heavy tax on that by way of pollution. Commercial conquest is far more thorough and final than military defeat.”

Source: The Unsettling of America: Culture & Agriculture

“The difference between [socialism and fascism] is superficial and purely formal, but it is significant psychologically: it brings the authoritarian nature of a planned economy crudely into the open. The main characteristic of socialism (and of communism) is public ownership of the means of production, and, therefore, the abolition of private property. The right to property is the right of use and disposal. Under fascism, men retain the semblance or pretense of private property, but the government holds total power over its use and disposal.”

“Populism is at its essence just determined focus on helping people be able to get out of the iron grip of the corporate power that is overwhelming our economy, our environment, energy, the media, government. One big difference between real populism and what the Tea Party thing is, is that real populists understand that government has become a subsidiary of corporations. So you can't say, let's get rid of government. You need to be saying let's take over government.”

“The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future.”

Source: Essay on Marxian Economics

“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.”

Source: Linear Programming and Extensions

“In our society, real power does not happen to lie in the political system, it lies in the private economy: that’s where the decisions are made about what’s produced, how much is produced, what’s consumed, where investment takes place, who has jobs, who controls the resources, and so on and so forth. And as long as that remains the case, changes inside the political system can make some difference-I don’t want to say it’s zero-but the differences are going to be very slight.”

Want Long Doe Made Real Happens Jobs Political Lying Differences Decision Cases Economy Resources Remains Investment Our Society Zero Consumed Political Systems Real Power

Author:Noam Chomsky

“Institutionalized rejection of differences is an absolute necessity in a profit economy which needs outsiders as surplus people. As members of such an economy, we have all been programmed to respond to the human differences between us with fear and loathing and to handle that difference in one of three ways: ignore it, and if that is not possible, copy it if we think it is dominant, or destroy it if we think it is subordinate.”

Source: Sister Outsider: Essays and Speeches

“There is no difference in principle, ... between the economic philosophy of Nazism, socialism, communism, and fascism and that of the American welfare state and regulated economy.”

States Philosophy Differences Principles Economy Economic Socialism Communism Welfare Fascism Nazism Welfare State Communism And Fascism

Author:Jacob G. Hornberger

“America isn't Congress. America isn't Washington. America is the striving immigrant who starts a business, or the mom who works two low-wage jobs to give her kid a better life. America is the union leader and the CEO who put aside their differences to make the economy stronger.”

Giving Two Kids Jobs America Differences Leader Economy Mom Lows Stronger Unions Strive Congress Immigrants Ceo Better Life

Author:Barack Obama

“In an economy, an act, a habit, an institution, or a law, gives birth not only to an effect, but to a series of effects. Of these effects, the first only is immediate; it manifests itself simultaneously with its cause - it is seen. The others unfold in succession - they are not seen. Now this difference is enormous, for it is often true that when the immediate consequence is favorable, the ultimate consequences are fatal, and the converse.”

Giving Firsts Law Causes Differences Economy Effects Birth Habit Consequence Ultimate Institutions Series Investing Enormous Succession Converses

Author:Frederic Bastiat

“It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide.”

Seems Today Differences Moral Economy Economic Position Economics Preserves Academic Pretense Pretension

Author:Friedrich August von Hayek

“There is a central difference between the old and new economies: the old industrial economy was driven by economies of scale; the new information economy is driven by the economics of networks.”

Differences Economy Information Economics Driven Scales Collaboration New Information Old And New

Book:Information Rules: A Strategic Guide to the Network Economy

Source: Information Rules: A Strategic Guide to the Network Economy

“In this consists the difference between the character of a miser and that of a person of exact economy and assiduity. The one is anxious about small matters for their own sake; the other attends to them only in consequence of the scheme of life which he has laid down to himself.”

Persons Matter Character Differences Economy Consequence Sake Anxious Schemes Misers

Book:The Theory of Moral Sentiments: Or, An Essay Towards an Analysis of the Principles by which Men Naturally Judge Concerning the Conduct and Character, First of Their Neighbours, and Afterwards of Themselves. To which is Added, a Dissertation on the Origin of Languages

Source: The Theory of Moral Sentiments: Or, An Essay Towards an Analysis of the Principles by which Men Naturally Judge Concerning the Conduct and Character, First of Their Neighbours, and Afterwards of Themselves. To which is Added, a Dissertation on the Origin of Languages