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Economy Quotes

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Economy Quotes

“The variety of minds served the economy of nature in many ways. The Creator, who designed the human brain for activity, had insured the restlessness of all minds by enabling no single one to envisage all the qualities of the creation. Since no one by himself could aspire to a serene knowledge of the whole truth, all men had been drawn into an active, exploratory and cooperative attitude.”

“Most people, I suspect, still have in their minds an image of America as the great land of college education, unique in the extent to which higher learning is offered to the population at large. That image used to correspond to reality. But these days young Americans are considerably less likely than young people in many other countries to graduate from college. In fact, we have a college graduation rate that's slightly below the average across all advanced economies.”

“To seek the greatest good is to live well, and to live well is nothing other than to love God with the whole heart, the whole soul, and the whole mind: It is therefore obvious that this love must be kept whole and uncorrupt, that is temperance; it should not be overcome with difficulties, that is fortitude, it must not be subservient to anything else, that is justice; it must discriminate among things so as not to be deceived by falsity or fraud, that is prudence.”

“It is Mind which determines the change of Society, and it was because the mind at work was a Catholic mind that the slave became a serf and was on his way to becoming a peasant and a fully free man-a man free economically as well as politically. The whole spirit of the Church was for small property, and that spirit was slowly, instinctively, working for the establishment of small property throughout Christendom.”

“The old freedom sufficiently survives in the mind of the wage earner to give him the illusion that, while accepting insurance and maintenance from the capitalist state, he can still be a full citizen. He thinks he can have his cake and eat it too. He is mistaken. The great capitalists who procured these regulations from the politicians knew what they were at. They were catching their proletariat in a net, and now they hold it fast.”

“At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and agriculture. This paradox was well adapted to the minds of believers in dreams.”

“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.”

“We must bear in mind, then, that there is nothing more difficult and dangerous, or more doubtful of success, than an attempt to introduce a new order of things in any state. For the innovator has for enemies all those who derived advantages from the old order of things, whilst those who expect to be benefited by the new institutions will be but lukewarm defenders.”

“Time is never more misspent than while we declaim against the want of it; all our actions are then tinctured with peevishness. The yoke of life is certainly the least oppressive when we carry it with good-humor; and in the shades of rural retirement, when we have once acquired a resolution to pass our hours with economy, sorrowful lamentations on the subject of time misspent and business neglected never torture the mind.”

“In the minds of many Western politicians, military interventions and air strikes appear to have become legitimate policy tools since the NATO attacks on Yugoslavia during the 1990s. That's how they intend to bring everyone into line who don't share the Western view of democratization of society and the liberalization of the economy. But there is no future for that kind of globalization.”