Best economy & individual Quotes | Short & Famous Sayings

“You know, in a business, you have to operate on the basis of voluntary investment by individuals in a cause. With government, there is no voluntary effort to invest capital. It's just taken and invested. And the same accountability is not at play. The same natural forces in the economy are not at play.”

Knows Play Government Individual Force Causes Natural Effort Economy Taken Bases Investment Accountability

Author:Mike Lee

“The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.”

People Way Together Individual Freedom Economy Essentials Economics Partnership Free Market Individual Freedom Free Market Capitalism

Author:Milton Friedman

“Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.”

Long Moving Individual Term Economy Seeing Streets Right Now Concerned Rate Long Term Investors Inflation Marketplace

Author:Franklin Raines

“The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.”

Individual Business Economy Achievement Warm Chiefs Corporations Executives Awards Gestures Salary Chief Executives

Author:John Kenneth Galbraith

“If you bring [tax] rates down, it makes it easier for small business to keep more of their capital and hire people. And for me, this is about jobs. I want to get America's economy going again. Fifty-four percent of America's workers work in businesses that are taxed as individuals. So when you bring those rates down, those small businesses are able to keep more money and hire more people.”

People Ifs Want Able Jobs America Individual Economy Four Easier Taxes Percent Workers Rate Fifty More Money Small Business

Author:Mitt Romney

“I believe that the free enterprise system is the greatest engine of prosperity the world's ever known. I believe in self-reliance and individual initiative and risk-takers being rewarded. But I also believe that everybody should have a fair shot and everybody should do their fair share and everybody should play by the same rules, because that's how our economy's grown. That's how we built the world's greatest middle class.”

“Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn’t sustainable in the face of mass unemployment, but as memories of the Depression faded, economists fell back in love with the old, idealized vision of an economy in which rational individuals interact in perfect markets.”

Faces Individual Memories Perfect Vision Economy Mass Capitalism Rational Unemployment Economist Faded Great Depression

Author:Paul Krugman

“The behavior of the economy as a whole, at the aggregate, macro-level, is built up from the individual equations at the micro-level.”

Whole Individual Levels Economy Behavior Built Equations Macro

Author:Paul Ormerod

“I largely agree with those that hold that Government should not in general interfere with the course of the economy merely on the strength of its own commercial judgment. If we cannot rely on the judgment of individual businessmen, taking their own risks, we have no future anyway.”

Ifs Should Government Courses Individual Economy Risk Judgment Agree Rely Interfere Businessman

Author:John James Cowperthwaite

“I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.”

“Collective property and individual property, these two banners will be the standards under which, from now on, the great battles of the future will be fought.”

Two Wisdom Politics Individual Economy Battle Standards Property Liberalism Collectives Banner Great Battle

Author:Mikhail Bakunin

“But if we are to retain freedom, then we can only do so by keeping the determining mass of the citizens the possessors of property with personal control over it, as individuals or as families. For property is the necessary condition of economic freedom in the full sense of that term. He that has not property is under economic servitude to him who has property, whether the possessor of it be another individual or the State.”

Ifs States Wisdom Politics Individual Term Economy Economic Conditions Citizens Mass Property Liberalism Over It Servitude Economic Freedom

Book:The Crisis Of Civilization

Source: The Crisis Of Civilization

“The term "Socialism" becomes a common label for the various theories of attack upon the principle of property, the various policies of communal control at the expense of the family and individual freedom.”

Wisdom Politics Individual Term Common Principles Economy Policy Theory Property Various Socialism Labels Liberalism Expenses Individual Freedom

Book:The Crisis Of Civilization

Source: The Crisis Of Civilization

“The terror in which English capitalists now stand of organized proletarian resistance gives to the naturally protected craft organizations the power to receive the wages they demand. They act as they have been trained to act by capitalist society, which denies the doctrine of the Just Price, which proclaims work to be an evil and the goal of human endeavor to be the avoidance of it; which puts it up as an ideal that individuals should get as much money as they possibly can out of their fellows by any means in their power.”

“In the midst of all these innumerable forms of a common protest and universal ill-ease there has grown up one definite body of doctrine whose adherents are called Communists and who desired the total subversion of what had been, hitherto unquestioned among civilized European men, the general doctrines of property and individual freedom.”

Men Wisdom Body Form Politics Individual Common Economy Universal Property Ill Doctrine Ease Liberalism Protest Midst Civilized Communist Definite Individual Freedom Subversion

Author:Hilaire Belloc

“The broad rich acres of our agricultural plains have been long preserved by nature to become her untrammeled gift to a people civilized and free, upon which should rest, in well-distributed ownership, the numerous homes of enlightened, equal, and fraternal citizens... Nor should our vast tracts of so-called desert lands be yielded up to the monopoly of corporations or grasping individuals, as appears to be much the tendency under the existing statute.”

“Economic activity, especially the activity of a market economy, cannot be conducted in an institutional, juridical or political vacuum. On the contrary, it presupposes sure guarantees of individual freedom and private property, as well as a stable currency and efficient public services.”

Source: The Encyclicals of John Paul II

“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

“No Keynesian has ever proposed a measure designed to make the individual more productive; for that would require institutional means for enabling him to acquire ownership of the nonhuman factor of production: capital.”

Mean Wisdom Politics Individual Economy Productions Factors Liberalism Acquire Productive Ownership Enabling Factors Of Production

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

“The political objective of universal capitalism is maximum individual autonomy, the separation of political power wielded by the holders of public office from economic power held by citizens, and the broad diffusion of privately owned economic power.”

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

“Money is not a part of the visible sector of the economy; people do not consume money. Money is not a physical factor of production, but rather a yardstick for measuring economic input, economic outtake and the relative values of the real goods and services of the economic world. Money provides a method of measuring obligations, rights, powers and privileges. It provides a means whereby certain individuals can accumulate claims against others, or against the economy as a whole, or against many economies.”

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

“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.”

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

“A host of positive psychological changes inevitably will result from widespread economic security. The dignity of the individual will flourish when the decisions concerning his life are in his own hands, when he has the means to seek self-improvement. Personal conflicts among husbands, wives and children will diminish when the unjust measurement of human worth on the scale of dollars is eliminated.”

“Therefore those governing the State ought primarily to devote themselves to the service of individual groups and of the whole commonwealth, and through the entire scheme of laws and institutions to cause both public and individual well-being to develop spontaneously out of the very structure and administration of the state.”

Wells States Whole Wisdom Law Politics Individual Causes Economy Groups Ought Institutions Structure Administration Well Being Liberalism Schemes Governing Commonwealth

Book:On the Condition of Workers

Source: On the Condition of Workers

“There are but three political-economic roads from which we can choose... We could take the first course and further exacerbate the already concentrated ownership of productive capital in the American economy. Or we could join the rest of the world by taking the second path, that of nationalization. Or we can take the third road, establishing policies to diffuse capital ownership broadly, so that many individuals, particularly workers, can participate as owners of industrial capital. The choice is ours.”

World Firsts Political Choices Three Courses Politics Individual Economy Path Economic Policy Thirds Workers Liberalism Productive Owners Ownership American Economy

Author:Russell B. Long

“In proportion as the people are accustomed to manage their affairs by their own active intervention, instead of leaving them to the government, their desires will turn to repelling tyranny, rather than to tyrannizing: while in proportion as all ready initiative and direction resides in the government, and individuals habitually feel and act as under its perpetual tutelage, popular institutions develop in them not the desire of freedom, but an unmeasured appetite for place and power.”

“Democracy has two excesses to avoid: the spirit of inequality, which leads to an aristocracy, or to the government of a single individual; and the spirit of extreme equality, which conducts it to despotism, as the despotism of a single individual finishes by conquest.”

Two Wisdom Government Spirit Politics Individual Economy Democracy Extremes Inequality Liberalism Excess Conquest Aristocracy Despotism Democracies Have

Author:Baron de Montesquieu

“Man's Chief purpose is the creation and preservation of values; that is what gives meaning to our civilization, and the participation in this is what gives significance, ultimately, to the individual human life.”

Men Giving Humans Wisdom Purpose Values Politics Individual Economy Creation Civilization Chiefs Human Life Liberalism Significance Participation Preservation

Author:Lewis Mumford

“Adam Smith's was a real universalism in intent. Laissez Faire was intended to establish a world community as well as a natural harmony of interests within each nation... But the "children of darkness" were able to make good use of his creed. A dogma which was intended to guarantee the economic freedom of the individual became the "ideology" of vast corporate structures of a later period of capitalism, used by them, and still used, to prevent a proper political control of their power.”

“Marxism was the social creed and the social cry of those classes who knew by their miseries that the creed of the liberal optimists was s snare and a delusion... Liberalism and Marxism share a common illusion of the "children of light." Neither understands property as a form of power which can be used in either its individual or its social form as an instrument of particular interest against the general interest.”

“If the world is made to furnish each individual with the means of livelihood and the instruments for his growth and progress, each man has therefore the right to find in the world what is necessary for himself. The recent Council reminded us of this: "God intended the earth and all that it contains for the use of every human being and people. Thus, as all men follow justice and unite in charity, created goods should abound for them on a reasonable basis."”

People Ifs Men World Should Humans Mean Made Use Earth Politics Individual Growth Justice Human Beings Economy Progress Bases Instruments Charity Liberalism Reasonable Goods Council Livelihood

Author:Pope Paul VI

“Individual initiative alone and the mere free play of competition could never assure successful development. One must avoid the risk of increasing still more the wealth of the rich and the dominion of the strong, whilst leaving the poor in their misery and adding to the servitude of the oppressed.”

Source: On the development of peoples

“For they have always unanimously maintained that nature, rather the Creator Himself, has given man the right of private ownership not only that individuals may be able to provide for themselves and their families but also that the goods which the Creator destined for the entire family of mankind may through this institution truly serve this purpose.”

Men May Able Purpose Politics Individual Given Economy Mankind Institutions Creator Liberalism Goods Ownership Destined

Book:On reconstructing the social order: (Quadragesimo anno)

Source: On reconstructing the social order: (Quadragesimo anno)

“Our Founding Fathers well understood that concentrated power is the enemy of liberty and the rights of man. They knew that the American experiment in individual liberty, free enterprise and republican self-government could succeed only if power were widely distributed. And since in any society social and political power flow from economic power, they saw that wealth and property would have to be widely distributed among the people of the country. The truth of this insight is immediately apparent.”

“The people of Central America - and, in a broader sense, the entire developing world - need to know first-hand that freedom and opportunity are not just for the elite, but the birthright of every citizen; that property is not just something enjoyed by a few, but can be owned by any individual who works hard and makes correct decisions.”

People Knows World Needs Firsts Hard Hands America Opportunity Politics Individual Decision Economy Hard Work Citizens Property Enjoyed Developing Liberalism Elites Birthright Central America

Book:Ronald Reagan

Source: Ronald Reagan

“Just as little can we afford to follow the doctrinaires of an impossible - and incidentally of a highly undesirable - social revolution which, in destroying individual rights - including property rights - and the family, would destroy the two chief agents in the advance of mankind, and the two chief reasons why either the advance or the preservation of mankind is worthwhile.”

Source: African and European Addresses

“The Western world generally has lost the concept of man as a creature made to the image and likeness of God, and reduced him either to a component part of the universe, to an economic animal or to a "physiological bag filled with psychological libido." Once man became materialized and atomized in Western thinking, it was only natural for a totalitarianism to arise to gather up the fragments into a new totality and substitute the collective man for the individual man who was isolated from all social responsibilities.”

“The workmen in a factory may have a shadowy, unknown absentee "employer" - the thousands of individual owners of stock - whom "management" represents and tries to please by extra dividends. The workman's livelihood is at the disposition of strangers who make a single demand of their representatives: higher profits.”

“If one examines the American idea of freedom, the individual, free enterprise, their Constitution, their political and economic structures as well as their mode of exploiting their natural resources, all these are shrouded in the idea of justice.”

Ifs Wells Ideas Political Politics Individual Natural Justice Economy Economic Resources Constitution Structure Liberalism Enterprise Natural Resources Free Enterprise

Author:Ndabaningi Sithole

“In the USA, where so many people compete for one and the same thing, where job opportunities, residential facilities, and food resources have to be spread over so many people, the question of justice becomes more imperative than ever before if communal and individual life is to be made possible and enjoyable.”

People Ifs Made Wisdom Jobs Life Is Opportunity Politics Individual Justice Economy Resources Spread Usa Liberalism Imperatives Enjoyable Facility Individual Life Job Opportunities

Author:Ndabaningi Sithole

“Our Bill of Rights, the most precious part of our legal heritage, is under subtle and pervasive attacks... In the struggle between our world and Communism, the temptation to imitate totalitarian security methods must be resisted day by day... When the rights of any individual or group are chipped away, the freedom of all erodes.”

World Wisdom Politics Individual Struggle Economy Rights Groups Security Method Bills Temptation Communism Liberalism Subtle Our World Heritage Bill Of Rights Erode

Author:Earl Warren

“The great monopoly in this country is the money monopoly. So long as it exists, our old variety of freedom and individual energy of development are out of the question.”

Long Country Politics Individual Energy Economy Development Variety Liberalism Monopoly

Author:Woodrow Wilson

“We need a free economy not only for the renewed material prosperity it will bring, but because it is indispensable to individual freedom, human dignity and to a more just, more honest society.”

Needs Humans Individual Economy Honest Materials Dignity Prosperity Indispensable Human Dignity Individual Freedom Free Economy

Author:Margaret Thatcher

“The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it over estimates the length of the short run. In doing so, it overreacts to records of success and failure for individual companies, driving the prices of successful firms too high and their unsuccessful counterparts too low.”

“If people could only be taught that economy is a thing of littles and of individuals, and of every day, and not a thing of masses and of spasmodic efforts, then a true idea would begin to tell upon the habits of our domestic life, for the thrift and thriving of the individual is the thrift and thriving of the nation.”

People Ifs Littles Ideas Individual Nations Effort Economy Taught Habit Mass Thrift Domestic Life

Author:Julia McNair Wright

“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.”

Important Hard Government Individual Nations Levels Economy Influence Economic Activity Rate Investing Range Swings Imports

Book:Changing fortunes: the world's money and the threat to American leadership

Source: Changing fortunes: the world's money and the threat to American leadership

“For an economy to prosper, trust between the states must be established, and their individual strengths be appreciated.”

States Individual Economy Appreciated Governance Individual Strength

Author:Narendra Modi

“Revenues should be increased not by increasing the tax rates on the individual but by building a bigger economy for everybody.”

Should Individual Economy Building Taxes Bigger Rate Revenue American Politics

Author:Ronald Reagan

“The nation as such is not a large subject that has needs, that works, practices economy, and consumes. . . . Thus the phenomena of “national economy” . . . are, rather, the results of all the innumerable individual economic efforts in the nation and . . . must also be theoretically interpreted in this light. . . .Whoever wants to understand theoretically the phenomena of “national economy” . . . must for this reason attempt to go back to their true elements, to the singular economies in the nation, and to investigate the laws by which the former are built up from the latter.”

Want Needs Reason Light Law Individual Nations Results Effort Practice Economy Economic Subjects Elements Built Former Latter National Economy

Author:Ralph Raico

“Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - an authoritarian determination of the status of each individual in the new hierarchical order.”

Mean Order Individual Results Economy Capitalism Determination Strive Equality Inequality Free Market Authoritarian Government

Author:Friedrich August von Hayek

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