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Economy Quotes

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Economy Quotes

“In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending.”

Values Lost Economy Greater Possibility Financial Spending Assets Household Signals Caution Momentum Weakening Financial Markets

Author:Alan Greenspan

“Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.”

Doe Has Beens Whole Happens Would Be Loses Loss Economy Groups Possibility Particular Higher Gains Acceptable Fixing Transactions Gains And Losses

Author:Thomas Sowell

“The industrial economy which divides society absolutely into two portions, the payers of wages and the receivers of them, the first counted by thousands and the last by millions, is neither fit for, nor capable of, indefinite duration: and the possibility of changing this system for one of combination without dependence, and unity of interest instead of organized hostility, depends altogether upon the future developments of the Partnership principle.”

Source: Principles of political economy with some of their applications to social philosophy

“It takes an enormous amount of energy, creative energy withdrawn from the total economy of the person, to hold a trait underground, and, unfortunately, needs and drives do not go underground alone; they carry with them useful parts of the personality, depriving it of richness and the possibility of a variety of response.”

Needs Persons Energy Economy Creative Possibility Personality Amount Response Enormous Variety Denial Traits Richness Creative Energy Depriving

Book:Advice from a Failure

Source: Advice from a Failure

“... placing economic activity in the context of the whole earth requires attention to the question of scale. Bigger is obviously not better, so the optimum scale of human economy in relation to the total economy becomes basically a question of sustainability. When the effects of the economy on the environment undercut the possibility of its own continuance, the scale is too large.”

Humans Whole Earth Attention Economy Environment Economic Effects Possibility Activity Bigger Relation Environmental Scales Sustainability Continuance Optimum Undercut

Book:Sustaining the Common Good: A Christian Perspective on the Global Economy

Source: Sustaining the Common Good: A Christian Perspective on the Global Economy

“I believe in positive despotism. That means an exchange between people. I'm thinking about the fact that someone serves me breakfast in my bed. I can not see anything wrong in that. Because everything is a question of exchanges between people. Everyone has some specific possibilities and can to a certain extent do whatever they want. If one wants to become rich one can study economy and if one wants to be poor one can choose to become a professor in butterfly wings for example. So we can choose.”

“People began to understand that with the acquisition of California the nation had obtained practically half a continent, of which the future possibilities were almost unlimited, so far as the development of natural resources and the genera production of wealth were concerned.”

People Nations Natural Wealth Half Economy Possibility Development Resources Concerned Productions California Continents Unlimited Acquisition Natural Resources Future Possibilities

Book:The Railroad Builders: A Chronicle of the Welding of the States

Source: The Railroad Builders: A Chronicle of the Welding of the States