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Economy Quotes

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Economy Quotes

“The most important feature of an information economy, in which information is defined as surprise, is the overthrow, not the attainment, of equilibrium. The science that we have come to know as information theory establishes the supremacy of the entrepreneur because it appreciates the powerful connection between destruction and what Schumpeter described as "creative destruction," between chaos and creativity.”

KnowsImportantPowerfulCreativityEconomyCreativeInformationTheoryEconomicsAppreciateConnectionsDestructionEntrepreneurSurpriseChaosDefinedFeaturesAttainmentEquilibriumSupremacyCreative Destruction
Book:Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World
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“Psychological man may be going nowhere, but he aims to achieve a certain speed and certainty in going. Like his predecessor, the man of the market economy, he understands morality as that which is conducive to increased activity. The important thing is to keep going.”

MenMayImportantCertainEconomyAchieveHe ManMoralityActivityAimImportant ThingsSpeedPsychologicalCertaintyKeep GoingPredecessorsMarket Economy
Book:The Triumph of the Therapeutic: Uses of Faith After Freud
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“There'll be some savings from preventing double dipping by public servants which are currently able to access not one but two fully tax payer funded schemes and of course there will be out paid parental leave levy. So all up not only is this an important economic reform, an important reform to have to grow our economy more strongly, it also will leave the budget better off which will help us fix the mess that Labor has created with the budget.”

TwoImportantHelpingAbleCoursesGrowsEconomyEconomicTaxesLaborPaidAccessSavingMessReformBudgetsServantGet BetterSchemesBetter OffSavingsPreventingParentalPublic ServantsEconomic Reforms
Author:Tony Abbott
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“There are many reasons for keeping a diary: to make a note of facts that one considers important; to open one's heart, to give vent to one's feelings, to make confessions; from the instinct of economy which sometimes encourages a writer to make good use of even the smallest crumbs of his life, so that he may have one more book to publish; or again from vanity and self- satisfaction.”

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Author:Alberto Moravia
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“I did learn from many mistakes. First and foremost, I learned that it is important to create a wide base of support within the LDP. In forming the cabinet this time, I included almost all the members of the LDP whom I ran against during the party election for president. Also, as a result of the lessons I learned, this time my policy priorities have become very clear. This would include first and foremost restoring a robust economy. I believe this has resulted in the strong support that I am getting from the people.”

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Author:Shinzo Abe
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“I want to build a bridge to the 21st century in which we create a strong and growing economy to preserve the legacy of opportunity for the next generation by balancing our budget in a way that protects our values and ensuring that every family will be able to own and protect the value of their most important asset, their home.”

WayWantImportantHomeAbleValuesNextOpportunityStrongEconomyGrowingGenerationsCenturyProtectLegacyBridgesPreservesBudgetsAssets21st CenturyNext GenerationGrowing Economy
Book:Public Papers of the Presidents of the United States: William J. Clinton, 1995
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“With the increasingly important role of intelligent machines in all phases of our lives--military, medical, economic and financial, political--it is odd to keep reading articles with titles such as Whatever Happened to Artificial Intelligence? This is a phenomenon that Turing had predicted: that machine intelligence would become so pervasive, so comfortable, and so well integrated into our information-based economy that people would fail even to notice it.”

PeopleWellsImportantPoliticalReadingRolesEconomyOur LivesFailingHappenedEconomicMilitaryInformationComfortableMachinesIntelligentFinancialMedicalTitlesOddPhenomenonArtificial IntelligenceArticlesArtificialPhasesIntegratedIntelligent Machines
Book:The Age of Spiritual Machines: When Computers Exceed Human Intelligence
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“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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“And these great natural rights may be reduced to three principal or primary articles: the right of personal security; the right of personal liberty; and the right of private property; because as there is no other known method of compulsion, or of abridging man's natural free will, but by an infringement or diminution of one or other of these important rights, the preservation of these, inviolate, may justly be said to include the preservation of our civil immunities in their largest and most extensive sense.”

MenMaySaidImportantWisdomThreePoliticsNaturalKnownLibertyEconomyRightsSecurityMethodPropertyPrimariesLiberalismFree WillArticlesPrincipalPreservationCompulsionPrivate PropertyImmunityNatural RightsPersonal LibertyInfringementPersonal Security
Book:Blackstone's Commentaries systematically abridged and adapted to the existing state of the law and constitution, with great additions. By Samuel Warren
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“Capital, and the question of who owns it and therefore reaps the benefit of its productiveness, is an extremely important issue that is complementary to the issue of full employment... I see these as twin pillars of our economy: Full employment of our labor resources and widespread ownership of our capital resources. Such twin pillars would go a long way in providing a firm underlying support for future economic growth that would be equitably shared.”

WayLongImportantWisdomWould BePoliticsGrowthSupportEconomyIssuesEconomicBenefitsResourcesLaborEmploymentFirmLiberalismProvidingOwnershipTwinsLong WayEconomic GrowthReapPillarsImportant IssuesComplementary
Author:Hubert H. Humphrey
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“In our time, in particular, there exists another form of ownership which is becoming no less important than land: the possession of know-how, technology and skill. The wealth of the industrialized nations is based much more on this kind of ownership than on natural resources.”

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Author:Pope John Paul II
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“The sooner the world solves its economic problems, the sooner its inhabitants can afford leisure and peace and get on with the non-material things that are inherently important: the work of mind and spirit that is gloriously and uniquely human, the work that no machine can ever do.”

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Book:Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals
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“But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and cannot, given the financial and economic framework within which the elders are operating. While the moral convictions of individuals are important in the long run, it is institutions that determine the immediate course of events - particularly the institutions of finance.”

LongImportantWisdomRunningYoungTurnsCoursesPoliticsIndividualGivenAnswersMoralEconomyEconomicEventsYouthCircumstancesInstitutionsFinancialDetermineConvictionFinanceLiberalismLong RunsEldersFramework
Book:Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals
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“It is not the ownership of the instruments of production which it is important for the State to assume. If the State is able to determine the aggregate amount of resources devoted to augmenting the instruments and the basic rate of reward to those who own them, it will have accomplished all that is necessary. Moreover, the necessary measures of socialization can be introduced gradually and without a break in the general traditions of society.”

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Book:General Theory Of Employment , Interest And Money
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“The Spirit of Justice is the single most important seed Piers planted; if you don't live by its teaching, your chance of salvation is nil. Unless Conscience and the Cardinal Virtues form the food that people live on, just take my word for it, they're utterly lost - every single living soul among them!”

PeopleIfsImportantSoulWisdomFormSpiritPoliticsLostJusticeChanceEconomyVirtueTeachingConscienceSalvationSeedsLiberalismLive ByCardinalsPiers
Author:William Langland
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“A people among whom there is no habit of spontaneous action for a collective interest - who look habitually to their government to command or prompt them in all matters of joint concern - who expect to have everything done for them, except what can be made an affair of mere habit and routine - have their faculties only half developed; their education is defective in one of its most important branches.”

PeopleLooksMadeImportantMatterDoneWisdomGovernmentActionPoliticsInterestHalfEconomyHabitConcernMereAffairCommandBranchesLiberalismCollectivesFacultyRoutineSpontaneousJointsPromptsDefective
Book:Principles of Political Economy: With Some of Their Applications to Social Philosophy : in Two Volumes
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“We need a president that is sitting down, getting Americans to work, getting this economy going. That is the single most important thing that the president of the United States does, is create a climate where job creators know that they're going to be able to risk their capital and have a chance to have a return on the investment. And it's never too late to start that.”

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Author:Rick Perry
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“A nation's exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and exports, and even the level of economic activity. So it is hard for any government to ignore large swings in its exchange rate.”

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Book:Changing fortunes: the world's money and the threat to American leadership
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“One cannot walk into an April day in a negative way. With spring, each man's plans and hopes result in new efforts, fresh actions. All of which has a mighty important bearing on the economy. There are those of us who think that the psychology of man, each and together, has more impact on markets, business, services and building and all the fabric of an economy than all the more measurable statistical indices.”

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Author:Malcolm Forbes
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“70 to 80 percent of country economy is controlled by the Bolivian state, and the other percentage by the private sector. We admit that it's legal, constitutional, that the private sector is entitled to its own economy, but to ensure these profound changes that clearly this government is promoting, including profound changes in the food industry, what we are doing is an important step.”

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Author:Evo Morales
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