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Economy Quotes

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Economy Quotes

“The Indian economy grew at 5.5 percent, but if you look at the last 30 years - for example, 1960 to 1985 - the progress made by East Asian countries was phenomenal. In a single generation they had been able to transform the character of their economy. They were able to get rid of chronic poverty.”

Ifs Years Looks Made Country Character Able Lasts Poverty Economy Progress Generations Example Grew Percent East Indian Asian 1960s Phenomenal Asian Countries

Author:Manmohan Singh

“Nearly one billion women and men, a third of the world's workforce, are either unemployed or unable to earn enough to keep themselves out of extreme poverty. There are 100 million new entrants into the labour market each year. Up to 90 percent in some regions are in the informal economy. 180 million kids are engaged in the worst forms of child labour. Put it all together and it is not only morally unacceptable, but politically dangerous”

“Technology has changed things, same as everywhere. But the economy has changed drastically. When Jamaica first won independence, our dollar was stronger than the U.S. dollar. Now ours is about 90 to one. That's had a big impact on crime and poverty.”

Firsts Bigs Poverty Technology Economy Crime Changed Stronger Independence Impact Dollars Jamaica Big Impact

Author:Damian Marley

“One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them.”

People Social Wealth Existence Poverty Millions Economy Economic Terrible Capitalism Endure Incredibles Extremes Despite Continuing Deprivation Extreme Poverty

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

“The real causes of terrorism are not poverty and oppression per se, but rather the bankruptcy of materialist ideologies, like Neo-Conservatism, which promise much but deliver little. The central doctrine of Neo-Conservatism is "democratic capitalism." This is the ultimate oxymoron, because in practice the political pluralism that should underlie democracy cannot exist in a climate of economic plutocracy.”

“Hard-core structural poverty has a counterpart at the apex: hard-core structural affluence.”

Hard Wisdom Politics Poverty Economy Core Liberalism Affluence Counterparts Hard Core Apex

Author:Louis O. Kelso

“That which is inherently nonfinanceable is financed. That which is inherently financeable is not financed. And the illogic of poverty amidst eagerness and ability to produce plenty goes on.”

Wisdom Politics Ability Poverty Economy Produce Goes On Plenty Liberalism Eagerness

Author:Louis O. Kelso

“The primary cause of disorder and lawlessness today, as throughout history, is the poverty of the many in contrast to the affluence of the few. But a new element of unrest has been added: a growing awareness that mass poverty is caused by defective institutions that prevent our harnessing the physical capabilities of science, engineering, management and labor to create general affluence; in other words, a growing awareness that poverty in any country that is or can be industrialized, is man's not nature's fault.”

“Republics come to an end by luxurious habits; monarchies by poverty.”

Ends Wisdom Politics Poverty Economy Habit Liberalism Republic Monarchy Luxurious

Author:Baron de Montesquieu

“If we are looking for one single action which will enable the poor to overcome their poverty, I would go for credit. Money is power. I have been arguing that credit should be accepted as a human right. If we can come up with a system which allows everybody access to credit while ensuring excellent repayment - I can give you a guarantee that poverty will not last long.”

“In a world where millions of human beings live in extreme poverty, die of malnutrition and lack medical care, where pandemics continue to kill, it is imperative to pursue good faith disarmament negotiations and to shift budgets away from weapons production, war-mongering, surveillance of private persons and devote available resources to address global challenges including humanitarian relief, environmental protection, climate change mitigation and adaptation, prevention of pandemics, and the development of a green economy.”

“A lot of Democrats have said that raising the minimum wage is both good economics and good politics. The nonpartisan CBO issued a report today saying that raising the minimum wage to $10.10 an hour would cost the economy about 500,000 jobs...Why should we trust Democrats on anything when they couldn't have foreseen that this would be the case?”

“In the current economic situation, the temptation for the more dynamic economies is that of chasing after advantageous alliances that, nevertheless, can have harmful effects for poorer states, prolonging situations of extreme mass poverty of men and women and using up the earth's natural resources, entrusted to man by God the Creator-as Genesis says-that he might cultivate and protect it.”

“We nationalize hydrocarbons, so now the economy is improving and the fight against poverty is also improving in Bolivia.”

Fighting Poverty Economy Improving Bolivia Hydrocarbons

Author:Evo Morales

“Martin Luther King was talking about racism, war and poverty. I think we have made progress enormous progress in racism and war, but we have made little or no progress in poverty. And it's because the economy has gotten more and more complex as we have globalized.”

Thinking Littles Made War Talking Poverty Economy Progress Kings Racism Complexes Enormous Luther

Author:Andrew Young

“Prosperity is an essential partner in civilization itself. It is the basis of leisure, charity, and a hopeful outlook on life. It is the means for conquering poverty at the lowest rung of society, the basis on which children and the elderly are cared for, the foundation for the cultivation of arts and learning. Crush an economy and you crush civilization.”

Mean Children Art Poverty Economy Civilization Essentials Bases Foundation Charity Prosperity Partners Conquer Crush Hopeful Leisure Lowest Outlook Elderly Cultivation Outlook On Life

Author:Llewellyn Rockwell