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Economy Quotes

Browse 6050 quotes about Economy.

Economy Quotes

“The income effects in an economy always sum to zero.”

Economy Effects Income Zero

Author:Arthur Laffer

“When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.”

Should Helping President Hurt Economy Taxes Gains Should Have Clinton Rate Income President Bush President Clinton President Reagan President Kennedy Capital Gains

Author:Rob Portman

“The weak economy, widening income inequality, gridlock in Congress and a presidential election: Those were perhaps the dominant economic and political themes of 2012.”

Political Economy Economic Weak Election Congress Income Inequality Presidential Theme Dominant Presidential Election Income Inequality Economic Inequality Gridlock

Author:Steven Rattner

“In todays uncertain economy, the safest solution to be wealthy, be in total control and enjoy freedom for you and your family is to have multiple streams of income.”

Today Enjoy Economy Solutions Income Our Family Streams Wealthy Multiple Uncertain

Author:Robert G. Allen

“In fact, in Parliament, I pointed out that Australians on average incomes would move into the second highest tax bracket in the next couple of years. That is going to slow down the Australian economy. It's bad for households.”

Years Facts Moving Next Economy Couple Taxes Highest Average Income Household Slow Down Parliament Australian Brackets

Author:Joe Hockey

“I think it would be nearly impossible to find someone who has contributed more to South Carolina than Carroll Campbell. His efforts to transform South Carolina's economy and raise our state's income levels are still paying dividends today.”

Thinking Stills States Would Be Today Levels Effort Economy Impossible Raises South Income Impossibility Carolina Dividends South Carolina

Author:Mark Sanford

“The idea of abolishing Income Tax is to me highly attractive, both on other grounds and because it tends to public economy.”

Ideas Economy Taxes Income Attractive Income Tax

Author:William E. Gladstone

“The economy of the United States gross domestic product doubled from 1996 to 2015, doubled, more than, $8.8 trillion to $17.1 trillion. And the median household income went down.”

States United United States Economy Products Income Household Gross Gross Domestic Product Median

Author:Mark Shields

“I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.”

Long Real Would Be Interest Economy Increase Rate Debt Productivity Income Finance Saving Beneficial Savings Interest Rate National Debt

Author:Alan Greenspan

“Needless to say, under either system [socialism or fascism], the inequalities of income and standard of living are greater than anything possible under a free economy -- and a man's position is determined, not by his productive ability and achievement, but by political pull and force. Under both systems, sacrifice is invoked as a magic, omnipotent solution in any crisis -- and "the public good" is the altar on which victims are immolated.”

Source: The Ayn Rand Lexicon: Objectivism from A to Z

“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.”

“Waste cannot be accurately told, though we are sensible how destructive it is. Economy, on the one hand, by which a certain income is made to maintain a man genteelly; and waste, on the other, by which on the same income another man lives shabbily, cannot be defined. It is a very nice thing; as one man wears his coat out much sooner than another, we cannot tell how.”

Men Made Hands Certain Economy Nice Waste Income Defined Destructive One Man Sensible Coats Another Man Very Nice Nice Things

Book:The life of Samuel Johnson, LL. D., comprehending an account of his studies, and numerous works, in chronological order: a series of his epistolary correspondence and conversations with many eminent persons; and various original pieces of his composition, never before published; the whole exhibiting a view of literature and literary men in Great Britain, for near half a century during which he flourished

Source: The life of Samuel Johnson, LL. D., comprehending an account of his studies, and numerous works, in chronological order: a series of his epistolary correspondence and conversations with many eminent persons; and various original pieces of his composition, never before published; the whole exhibiting a view of literature and literary men in Great Britain, for near half a century during which he flourished

“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

“A capitalist is someone who derives a substantial share of his income from his equity in producing companies. On this scale the figures are discouraging. Approximately ninety percent of the capital of this country is owned by five or less percent of the American people.”

People Country Wisdom Politics Company Economy Five Share Figures Percent Scales Income Liberalism Capitalist Equity Ninety Discouraging

Author:William F. Buckley, Jr.

“There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.”

Wisdom Politics Belief Economy Rich Effects Taxes Cat Income Fats Ease Corporations Liberalism Fund Load Income Tax Pension Beneficiaries Brackets

Author:Peter Drucker

“The party should stand for a constantly wider diffusion of property. That is the greatest social and economic security that can come to free men. It makes free men. We want a nation of proprietors, not a state of collectivists. That is attained by creating a national wealth and income, not by destroying it. The income and estate taxes create an orderly movement to diffuse swollen fortunes more effectively than all the quacks.”

Source: Addresses Upon the American Road

“If capital produces most of the economy's wealth and income is distributed on the basis of productive input, the individual can hardly reach his goal - an affluent level of income - solely by means of his labor.”

Ifs Mean Wisdom Politics Individual Goal Wealth Levels Economy Produce Labor Bases Income Liberalism Productive Input Affluent

Book:Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“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

“Private property works like circuitry in electronics, or piping in hydraulics. It conveys wages to the owners of labor power, as well as the various forms of nonwage property income to the owners of capital. In itself, it is no more responsible for maldistribution of purchasing power than the science of bookkeeping is responsible for bankruptcy.”

Wells Wisdom Form Politics Economy Labor Responsible Property Various Income Liberalism Owners Wages Private Property Bankruptcy Electronics Purchasing Purchasing Power Bookkeeping

Author:Louis O. Kelso

“Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It is an inequitable distribution of productive power, from which an unworkable distribution of income results.”

Two Problem Wisdom Politics Results Economy Clear Economic Economics Labor Income Factors Liberalism Productive Thinker Distribution Economic Problems

Author:Louis O. Kelso

“For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.”

Believe Wisdom Politics I Believe Social Wealth My Own Economy Significant Income Psychological Inequality Liberalism Justification

Book:General Theory Of Employment , Interest And Money

Source: General Theory Of Employment , Interest And Money

“In the course of the twenty-first century what may be called the "capital wage" could be added to the labor wage and the social wage, so that middle-class Americans - not merely an affluent minority - might derive income from three sources rather than just two.”

Firsts May Two Wisdom Might Three Courses Politics Social Class Economy Middle Century Source Labor Twenties Income Liberalism Minorities Middle Class Affluent

Author:Michael Lind

“A heavy progressive or graduated income tax.”

Wisdom Politics Economy Taxes Heavy Income Liberalism Progressive Income Tax Communist Manifesto Command Economy

Book:The Communist Manifesto in Plain and Simple English

Source: The Communist Manifesto in Plain and Simple English

“Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad.”

Wisdom Politics Economy Modern Economics Accepted Income Analysis Liberalism Distribution Fads Cranky

Author:Paul Samuelson

“We very much hope that as we get growth that we can reduce the burden of taxation, that we can reduce income tax and increase the amount of genuine free enterprise and business enterprise... This is going... toward the restoration of the personal responsibility, the independence, with every man a property owner, every man a capitalist.”

“Let that which is wanting in income be supplied by economy.”

Author:Pliny the Elder

“Our children, Edward, Agnes, and little Mary, promise well; their education, for the time being, is chiefly committed to me; and they shall want no good thing that a mother's care can give. Our modest income is amply sufficient for our requirements; and by practising the economy we learnt in harder times, and never attempting to imitate our richer neighbours, we manage not only to enjoy comfort and contentment ourselves, but to have every year something to lay by for our children, and something to give to those who need it. And now I think I have said sufficient.”

Source: The Bronte Sisters: Three Novels: Jane Eyre; Wuthering Heights; and Agnes Grey (Penguin Classics Deluxe Edition)

“Frugality and economy are virtues without which no household can prosper. Whatever the income, waste of all kinds should be most sternly repressed ... Economy and frugality must never, however, be allowed to degenerate into meanness.”

Should Kind Economy Virtue Waste Income All Kinds Household Meanness Degenerates Thrift Repressed Frugality

Author:Isabella Beeton

“Gorilla tourism is vital to Rwanda's economy: It's the third highest source of income.”

Economy Source Highest Thirds Income Tourism Gorillas Rwanda

Author:Andy Serkis

“Most intellectuals outside the field of economics show remarkably little interest in learning even the basic fundamentals of economics. Yet they do not hesitate to make sweeping pronouncements about the economy in general, businesses in particular, and the many issues revolving around what is called 'income distribution'.”

Littles Shows Interest Economy Issues Fields Particular Economics Fundamentals Income Distribution Sweeping Revolving Income Distribution

Author:Thomas Sowell

“The basic issue of an American society which is fair, which is providing opportunity for all, is nowadays being replaced by the correct perception that we're living in a rigged economy - where it doesn't matter how hard you worked, the result will be all the income goes to the people at the very top. It's leading to a lot of frustration and anger, and people want some fundamental changes to the way we do economics and growth.”

People Way Want Matter Hard Opportunity Growth Results Economy Issues Perception Fairs Economics Fundamentals Income Frustration Providing Replaced American Society Rigged

Author:Bernie Sanders

“You work hard for your income, and that hard work is what fuels the economy.”

Hard Economy Hard Work Income Fuel

Author:Emily Oster

“In a world of massive wealth and income inequality, Europe must support Greece’s efforts to build an economy which creates more jobs and income, not more unemployment and suffering.”

World Jobs Suffering Wealth Effort Support Economy Europe Income Inequality Massive Unemployment Greece Income Inequality

Author:Bernie Sanders

“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

“Do you realize that if we could increase just by 50 percent the number of adults who have a college degree, it would add $5 billion to the economy and it would result in a net income to the state of Arkansas of $340 million a year?”

Ifs Years States Realizing Results Numbers Millions Economy College Degrees Percent Adults Increase Add Billions Income Arkansas College Degree

Author:Mike Huckabee

“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.”

“We've incentivized people in the past to maybe turn their vehicles over, you know sooner rather than later. And in the United States with the squeeze on discretionary income and credit that even as the economy comes back there's probably more of a chance than not that it'll be a slower recovery on auto sales.”

People Knows States Past Turns Chance United United States Economy Credit Income Recovery Over You Vehicle People From The Past

Author:Alan Mulally

“It seems to me that it's better to allow people to have more spendable income.That helps 'LO stimulate the economy and create more jobs.”

People Helping Seems Jobs Economy Income

Author:George Deukmejian

“I think that there is a strong argument that our [USA's] leadership, our strength, our influence begins with having an economy that is producing good jobs with rising incomes, and I see the connection there.”

Thinking Jobs Strong Economy Influence Argument Connections Income Usa Rising Good Job

Author:Hillary Clinton

“So I'm not proposing anything radical. I just believe that anybody making over $250,000 a year should go back to the income tax rates we were paying under Bill Clinton. Back when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and plenty of millionaires to boot. ... At the same time, most people agree that we should not raise taxes on middle-class families or small businesses -- not when so many folks are just trying to get by.”

“In the United States today we have the most unequal wealth and income distribution of any major country on earth - worse than at any time since the 1920s. This is an economy that must be changed in fundamental ways.”

Way Country States Today Earth Wealth United United States Economy Changed Majors Fundamentals Income Distribution Income Distribution

Author:Bernie Sanders

“This is what income inequality means in America, and why the gap between the very rich and everyone else is growing wider. According to a recent study, CEO pay is now 295 times more than the pay of a typical worker. In 1965, the differential was 20 times. We must create an economy that works for all, not just the top 1%.”

Mean America Pay Economy Study Rich Growing Workers Income Inequality Gaps Typical Ceo Income Inequality

Author:Bernie Sanders

“True economy consists in always making the income exceed the outgo.”

Economy Income Exceed Unforeseen

Book:The Art of Money Getting, or Golden Rules for Making Money

Source: The Art of Money Getting, or Golden Rules for Making Money

“The idea that a relatively fixed group of privileged people might shape the economy and government for their own benefit goes against the American grain. Nevertheless, the owners and top-level managers in large income-producing properties are far and away the dominant power figures in the United States. Their corporations, banks, and agribusinesses come together as a corporate community that dominates the federal government in Washington. Their real estate, construction, and land development companies form growth coalitions that dominate most local governments.”

“The problems of the global economy are not based in perception, but in the reality of prices, balance sheets and income statements, vast concentrations of wealth and power, precarious systemic imbalances, ruthless exploitation, and command economies mismanaged by Central State/Bank policy and manipulation.”