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Economy Quotes

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Economy Quotes

“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.”

“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.”

“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.”

“There is a clear connection between developing the skills and talents of young people, and our economic success as a province. Initiatives like the Make Your Pitch competition and the Ontario Social Impact Voucher help us nurture the next generation of business leaders. We will continue creating an inviting environment for our next generation of entrepreneurs, ensuring they develop the right skills needed to succeed in a globally competitive economy and build the future of Ontario.”

“Globalization is a bottom-up phenomenon with all actions initiated by milions of individuals, the sum total of which is globalization. No one is in charge, and no one can anticipate what the sum of all the individual initiatives will be before the result manifest. A global economy can only be the result of spontaneous order.”

“It's really important, obviously, for people to realize that it is a very small percentage, only 1 percent of our total economy, of our total budget, and I think that's important for people to know. But I also know that Americans are very generous and that many, many Americans are proud that their taxpayer dollar has saved lives in Africa through the president's malaria initiative or through PEPFAR, the emergency relief plan for AIDS.”

“Year after year in Washington, budget debates seem to come down to an old, tired argument: on one side, those who want more government, regardless of the cost; on the other, those who want less government, regardless of the need....Government has a role, and an important role. Yet, too much government crowds out initiative and hard work, private charity and the private economy....Government should be active, but limited; engaged, but not overbearing.”