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Economy Quotes

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Economy Quotes

“The most important feature of an information economy, in which information is defined as surprise, is the overthrow, not the attainment, of equilibrium. The science that we have come to know as information theory establishes the supremacy of the entrepreneur because it appreciates the powerful connection between destruction and what Schumpeter described as "creative destruction," between chaos and creativity.”

Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

“As a source of innovation, an engine of our economy, and a forum for our political discourse, the Internet can only work if it's a truly level playing field. Small businesses should have the same ability to reach customers as powerful corporations. A blogger should have the same ability to find an audience as a media conglomerate.”

“I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.”

“We will have to choose not between color nor race nor religion nor between East and West either, but simply between being slaves and being free. And we will have to choose completely and for good; the time is already past now when we can choose a little of each, a little of both. We can choose a state of slavedom, and if we are powerful enough to be among the top two or three or ten, we can have a certain amount of license - until someone more powerful rises and has us machine-gunned against a cellar wall.”

Source: Essays, Speeches & Public Letters

“The owners of labor, on the other hand, are being taught, by the most powerful and well-publicized examples, that the highest rewards are not for production, but for the employment of organized power to take over a share of what others produce.”

Source: The New Capitalists: A Proposal to Free Economic Growth from the Slavery of Savings

“Two things, Christian reader, particularly excite the will of man to good. A principle of justice is one, the other the profit we may derive therefrom. All wise men, therefore, agree that justice and profit are the two most powerful inducements to move our wills to any undertaking. Now, though men seek profit more frequently than justice, yet justice is in itself more powerful.”

Men May Two Christian Moving Politics Justice Powerful Principles Economy Wise Reader Agree Profit Two Things Liberalism Most Powerful Undertakings

Book:The Sinner's Guide

Source: The Sinner's Guide

“In a democracy the responsibility for the Government's economic policies, which so affect the economy, normally rests with the elected representative of the people: in our case, with the President and the Congress. If these two follow economic policies inimical to the general welfare, they are accountable to the people for their actions on election day. With Federal Reserve independence, however, a body of men exist who control one of the most powerful levers moving the economy and who are responsible to no one.”

“The backlash against women's rights would be just one of several powerful forces creating a harsh and painful climate for women at work. Reagonomics, the recession, and the expansion of a minimum-wage service economy also helped, in no small measure, to slow and even undermine women's momentum in the job market. But the backlash did more than impede women's opportunities for employment, promotions, and better pay. Its spokesmen kept the news of many of these setbacks from women. Not only did the backlash do grievous damage to working women C it did on the sly.”

“When you poll all of the economists, uh, across America that I think are intellectually honest they would all, or maybe not all, but 95% of them 96% of them would say you know we really have got a powerful economy.”

Thinking Knows America Powerful Economy Honest Economist Polls

Author:Donald Evans

“The bigger the world economy, the more powerful its smallest player.”

World Powerful Economy Player Bigger Smallest World Economy

Author:John Naisbitt

“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