Best economy & principles Quotes | Short & Famous Sayings

“The truth of good economic doctoring is to know the general principles, and to really know the specifics. To understand the context, and also, to understand that an economy may need some tender loving care, not just the so-called hard truths, if it's going to get by.”

Ifs Knows Needs May Hard Care Principles Economy Economic Hard Truths Specifics Doctoring Tender Loving Care

Author:Jeffrey Sachs

“In an information economy, entrepreneurs master the science of information in order to overcome the laws of the purely physical sciences. They can succeed because of the surprising power of the laws of information, which are conducive to human creativity. The central concept of information theory is a measure of freedom of choice. The principle of matter, on the other hand, is not liberty but limitation- it has weight and occupies space.”

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

“The free-trade idea, logically applied, will abolish usury; and with usury will disappear the chief bone of contention between labor and capital. But, just at this point, free-traders go over to the enemy; and many writers on political economy, in flat contradiction of the essential principles of that science, have made elaborate arguments to prove self-government in finance, impossible! What shall we think of men who, having dethroned kings, demolished popes, destroyed slave oligarchies and assailed tariff monopoly, advise submission to the most oppressive and dishonest of despotisms, Usury?”

“You would have thought that our first priority would be to ask what the ecologists are finding out, because we have to live within the conditions and principles they define. Instead, we've elevated the economy above ecology.”

Firsts Would Be Asks Principles Economy Conditions Findings Priorities Ecology

Author:David Suzuki

“I think of the old slavery, and of the way The Economy has now improved upon it. The new slavery has improved upon the old by giving the new slaves the illusion that they are free. The Economy does not take people's freedom by force, which would be against its principles, for it is very humane. It buys their freedom, pays for it, and then persuades its money back again with shoddy goods and the promise of freedom. "Buy a car," it says, "and be free. Buy a boat and be free." Is this not the raw material of bad dreams? Or is it maybe the very nightmare itself?”

Source: Jayber Crow: A Novel

“Americans have always pursued our dreams within a free market that has been the engine of our progress. It's a market that has created a prosperity that is the envy of the world, and rewarded the innovators and risk-takers who have made America a beacon of science, and technology, and discovery. But the American economy has worked in large part because we have guided the market's invisible hand with a higher principle - that America prospers when all Americans can prosper. That is why we have put in place rules of the road to make competition fair, and open, and honest.”

“Perhaps the most important principle on which the economy of a manufacture depends, is the division of labour amongst the persons who perform the work.”

Persons Important Principles Economy Depends Labour Division

Author:Charles Babbage

“I thank God, I have been able, by adopting Principles of strict Economy and Frugality, to keep my principal, I mean my Country-Estate, unimpaired.”

Mean Has Beens Country Able Principles Economy Thank God Principal Estates Strict Adopting Frugality

Author:George Mason

“My guiding principle is that prosperity can be shared. We can create wealth together. The global economy is not a zero-sum game.”

Together Games Wealth Principles Economy Prosperity Zero Global Economy World Economy Guiding Principles Zero Sum Game

Author:Julia Gillard

“the principles of political economy have elevated the working class above the place they ever filled before.”

Political Class Principles Economy Filled Working Class Political Economy

Book:Speeches on Questions of Public Policy

Source: Speeches on Questions of Public Policy

“I believe that the harm which Mill has done to the world by the passage in his book on Political Economy in which he favours the principle of Protection in young communities, has outweighed all the good which may have been caused by his other writings.”

World Writing Believe May Has Beens Book Done Young Political I Believe Community Principles Economy Protection Harm Passages Favour Mills Political Economy

Author:Richard Cobden

“American [public] schools are failing because they are organized according to a bureaucratic, monopolistic model; their organizing principle is basically the same as that of a socialist economy.”

School Principles Economy Failing Models Organized Socialist Public School Socialist Economy

Author:David Boaz

“Although the formulations of science now offer the most advanced knowledge of nature, men continue to use obsolete forms of thought long discarded by scientific theory. In so far as these obsolete forms are superfluous for science, the fact that they persist violated the principle of the economy of thought, that characteristic trait of the bourgeois temper.”

Men Long Facts Use Form Principles Economy Theory Offers Characteristics Temper Traits Persist Bourgeois Obsolete Superfluous Discarded Scientific Theory

Author:Max Horkheimer

“Capitalism had arisen through the misuse and exaggeration of certain rights, notably the right of property - the basis of economic freedom - and the right of contract, which is one of the main functions of economic freedom. Therefore, even under Capitalism, so long as the old principles were remembered it was possible to recall the principles whereby Society had once been sane and well ordered.”

Wells Long Certain Politics Principles Economy Rights Economic Capitalism Function Bases Property Remembered Liberalism Contracts Sane Recalls Exaggeration Misuse Economic Freedom

Author:Hilaire Belloc

“The term "Socialism" becomes a common label for the various theories of attack upon the principle of property, the various policies of communal control at the expense of the family and individual freedom.”

Wisdom Politics Individual Term Common Principles Economy Policy Theory Property Various Socialism Labels Liberalism Expenses Individual Freedom

Book:The Crisis Of Civilization

Source: The Crisis Of Civilization

“There must be no compromise with slavery - none whatever. Nothing is gained, everything is lost, by subordinating principle to expedience.”

Wisdom Politics Lost Principles Economy Slavery Compromise Liberalism No Compromise Expedience

Book:Selections from the writings and speeches of William Lloyd Garrison: With an appendix ...

Source: Selections from the writings and speeches of William Lloyd Garrison: With an appendix ...

“Had Marx understood the implications of the principles of capitalistic distribution which presented themselves to him as "appearances" only, he might have become a revolutionary capitalist instead of a revolutionary socialist.”

Wisdom Might Politics Principles Economy Understood Appearance Revolutionary Liberalism Capitalist Socialist Distribution Implications

Author:Louis O. Kelso

“The first principle of economic symmetry: building the economic power to consume simultaneously with the industrial power to produce.”

Firsts Wisdom Politics Principles Economy Economic Produce Building Liberalism Symmetry Economic Power

Author:Louis O. Kelso

“With reason, then, the common opinion of mankind, little affected by the few dissentients who have contended for the opposite view, has found in the careful study of nature, and in the laws of nature, the foundations of the division of property, and the practice of all ages has consecrated the principle of private ownership, as being pre-eminently in conformity with human nature, and as conducing in the most unmistakable manner to the peace and tranquility of human existence.”

“It is clear that the main tenet of socialism, community of goods, must be utterly rejected, since it only injures those whom it would seem meant to benefit, is directly contrary to the natural rights of mankind, and would introduce confusion and disorder into the commonweal. The first and most fundamental principle, therefore, if one would undertake to alleviate the condition of the masses, must be the inviolability of private property.”

Source: A Light in the Heavens: Great Encyclical Letters of Pope Leo XIII

“We have seen that this great labor question cannot be solved save by assuming as a principle that private ownership must be held sacred and inviolable. The law, therefore, should favor ownership, and its policy should be to induce as many as possible of the people to become owners.”

People Should Wisdom Law Politics Principles Economy Policy Labor Sacred Assuming Favors Liberalism Owners Ownership

Book:The Pope and the People: Select Letters and Addresses on Social Questions

Source: The Pope and the People: Select Letters and Addresses on Social Questions

“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

“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

“If history could prove and teach us anything, it would be the private ownership of the means of production as a necessary requisite of civilization and material well-being. All civilizations have up to now been based on private property. Only nations committed to the principle of private property have risen above penury and produced science, art, and literature. There is no experience to show that any other social system could provide mankind with any of the achievements of civilization.”

“It will be impossible to put these principles into practice unless the non-owning workers through industry and thrift advance to the state of possessing some little property.”

Littles States Wisdom Politics Principles Practice Economy Impossible Industry Property Workers Liberalism Possessing Thrift

Book:On reconstructing the social order: (Quadragesimo anno)

Source: On reconstructing the social order: (Quadragesimo anno)

“It is the basic principle of Marxism that any attempt to reconcile capital and labor so that they both co-operate in peace and prosperity is a betrayal of communism.”

Wisdom Politics Principles Economy Labor Prosperity Betrayal Communism Liberalism Marxism Reconcile Basic Principles

Author:Fulton J. Sheen

“Possession properly has two faces, two aspects: we all have a right to private property, but this is accompanied by our responsibility for its righteous use. These two things (which should be inseparable) are frequently divided today. Everyone admits that the farmer who own a horse is obligated to feed and care for it, but in the case of stocks and bonds, we often forget that the same principle should prevail.”

“The nations of our time cannot prevent the conditions of men from becoming equal, but it depends upon themselves whether the principle of equality is to lead them to servitude or freedom, to knowledge or barbarism, to prosperity or wretchedness.”

Men Wisdom Politics Nations Principles Economy Conditions Depends Becoming Equal Prosperity Our Time Liberalism Servitude Barbarism Wretchedness

Book:Democracy in America

Source: Democracy in America

“Most scientists like to operate in the context of economy. If you don't need an explanatory principle, don't invoke it.”

Ifs Needs Principles Economy Scientist Invoke

Author:Brian Greene

“There is no difference in principle, ... between the economic philosophy of Nazism, socialism, communism, and fascism and that of the American welfare state and regulated economy.”

States Philosophy Differences Principles Economy Economic Socialism Communism Welfare Fascism Nazism Welfare State Communism And Fascism

Author:Jacob G. Hornberger

“All to whom want is terrible, upon whatever principle, ought to think themselves obliged to learn the sage maxims of our parsimonious ancestors, and attain the salutary arts of contracting expense; for without economy none can be rich, and with it few can be poor.”

Thinking Want Art Poor Principles Economy Rich Ought Terrible Expenses Ancestor Sage Maxims Obliged Contracting

Book:The Works of Samuel Johnson, LL.D.: With An Essay on His Life and Genius

Source: The Works of Samuel Johnson, LL.D.: With An Essay on His Life and Genius

“There is a religious principle: Love thy neighbour as thyself. But it's also an economic asset. If you've got a neighbour, you've got help, and this implies another limit. If you want to have neighbours, you can't have a limitless growth economy. You have to prefer to have a neighbour rather than to own your neighbour farm.”

Ifs Want Helping Growth Religious Principles Economy Economic Limits Assets Farms Limitless Thyself Neighbour

Author:Wendell Berry

“Be methodical if you would succeed in business, or in anything. Have a work for every moment, and mind the moment's work. Whatever your calling, master all its bearings and details, its principles, instruments and applications. Method is essential if you would get through your work easily and with economy of time.”

Ifs Mind Moments Business Principles Economy Masters Calling Succeed Essentials Method Instruments Details Application Methodical

Author:William Matthews

“The core principle is that we want an economy that works for everyone, not just for a small elite. We want equal opportunity, not equality of outcome. We want to make sure that there's upward mobility again, in our society and in our economy.”

Want Opportunity Principles Economy Equal Core Outcomes Our Society Elites Equal Opportunity Mobility Upward Mobility

Author:Robert Reich

“This means that to entrust to science - or to deliberate control according to scientific principles - more than scientific method can achieve may have deplorable effects.”

May Mean Principles Economy Achieve Effects Method Deliberate Scientific Method

Author:Friedrich August von Hayek

“One of the signs of the imminent Apocalypse is the "bitterness of all waters," and anyone traveling through eastern Europe, the former Soviet Union and its satellites-everywhere that the command economy operated, with its callous disregard for anything but narrow-focused abstract principle-could be forgiven for thinking that the Apocalypse was no longer imminent but in full cry. There's hardly a river, stream, or brook that isn't contaminated with the runoff from human misuse, whether industrial effluents, agricultural pesticides and herbicides, or worse.”

Source: Water: The Fate of Our Most Precious Resource

“Many Americans hunger for a different kind of society - one based on principles of caring, ethical and spiritual sensitivity, and communal solidarity. Their need for meaning is just as intense as their need for economic security.”

Needs Kind Different Spiritual Principles Economy Economic Security Hunger Caring Intense Ethical Different Kinds Solidarity Sensitivity Economic Security

Author:Michael Lerner

“This focus on money and power may do wonders in the marketplace, but it creates a tremendous crisis in our society. People who have spent all day learning how to sell themselves and to manipulate others are in no position to form lasting friendships or intimate relationships... Many Americans hunger for a different kind of society - one based on principles of caring, ethical and spiritual sensitivity, and communal solidarity. Their need for meaning is just as intense as their need for economic security.”

“Property is surely a right of mankind as real as liberty. Perhaps, at first, prejudice, habit, shame or fear, principle or religion, would restrain the poor from attacking the rich, and the idle from usurping on the industrious; but the time would not be long before courage and enterprise would come, and pretexts be invented by degrees, to countenance the majority in dividing all the property among them, or at least, in sharing it equally with its present possessors.”

Source: The Works of John Adams Vol. 6: Defence of the Constitution IV, Discourses on Davila

“The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price.”

Firsts Principles Economy Cost Degrees Fundamentals Producers Equity Sellers Buyers Market Economy

Author:David Korten

“Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.”

Thinking Today Values Sound Views Common Principles Economy Information Edges Imperatives Fashionable Common Denominator Adding Value

Author:Arthur Levitt Jr

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