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Economy Quotes

Browse 6050 quotes about Economy.

Economy Quotes

“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

“Massive inequality, we have learned, isn't the best way to run an economy after all. And when you think about it, it's also profoundly ugly.”

Thinking Way Running Economy Ugly Best Way Inequality Massive

Author:Thomas Frank

“I trace the inequality to a particular set of decisions that we took when we lowered the tax rate from 91% down to very low levels at the top, where we stripped away regulations. So the result of that was not a more dynamic economy, but a more unequal society. We tried the experiment of trickle-down. A third of a century later, we can say fairly definitively that it was a failure.”

Decision Levels Results Economy Century Particular Taxes Lows Thirds Rate Experiments Inequality Regulation Low Level Trickle Down

Author:Joseph Stiglitz

“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

“Structuralism argues that a liberal capitalist world economy tends to preserve or actually increase inequalities between developed and less developed economies.”

World Economy Increase Arguing Inequality Preserves Capitalist World Economy Structuralism

Author:Robert Gilpin

“I am conscious that an equal division of property is impracticable, but the consequences of this enormous inequality producing so much misery to the bulk of mankind, legislators cannot invent too many devices for subdividing property.”

Wisdom Politics Economy Mankind Equal Conscious Consequence Property Misery Enormous Inequality Liberalism Devices Division Legislators

Book:The Essential Jefferson

Source: The Essential Jefferson

“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

“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

“If ever America undergoes great revolutions, they will be brought about by the presence of the black race on the soil of the United States - that is to say, they will owe their origin not to the equality but to the inequality of conditions.”

Ifs States Wisdom America Politics Black United Race United States Economy Conditions Revolution Inequality Soil Liberalism Black Race

Author:Alexis de Tocqueville

“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

“We know that communism is the right hypothesis. All those who abandon this hypothesis immediately resign themselves to the market economy, to parliamentary democracy-the form of state suited to capitalism-and to the inevitable and 'natural' character of the most monstrous inequalities.”

Knows States Character Form Natural Economy Democracy Capitalism Inequality Communism Inevitable Abandon Hypothesis Monstrous Market Economy Parliamentary Parliamentary Democracy

Author:Alain Badiou

“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

“The spirit of commerce is frugality, economy, moderation, labor, ponderance, tranquillity, order, and rule. So long as this spirit subsides, the riches it produces have no bad effect. The mischief is when excessive wealth destroys the spirit of commerce, then it is that the conveniences of inequality... are felt.”

Long Spirit Order Felt Wealth Economy Effects Produce Labor Riches Inequality Commerce Moderation Convenience Mischief Frugality Tranquillity

Author:Baron de Montesquieu

“Rising inequality can create a more highly leveraged economy, and it can then make the economy vulnerable to a crash like 2008.”

Economy Inequality Vulnerable Rising Crash

Author:Adair Turner, Baron Turner of Ecchinswell

“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

“Today, the top one-tenth of 1% owns nearly as much wealth as the bottom 90%. The economic game is rigged, and this level of inequality is unsustainable. We need an economy that works for all, not just the powerful.”

Needs Today Games Wealth Levels Powerful Economy Economic Bottom Inequality Rigged

Author:Bernie Sanders