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Economy Quotes

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Economy Quotes

“I think the producers, for the most part, don't want to see prices skyrocket because that will only create problems for them down the road and would also be a, you know, would be a very serious shock for a world economy that can't afford serious shocks right now.”

Thinking Knows World Want Problem Would Be Economy Serious Right Now Producers Shock Down The Road World Economy

Author:Daniel Yergin

“The answers to the human problems of ecology are to be found in economy. And the answers to the problems of economy are to be found in culture and character. To fail to see this is to go on dividing the world falsely between guilty producers and innocent consumers.”

World Humans Character Problem Culture Found Answers Economy Failing Goes On Innocent Producers Guilty Consumers Consumerism Ecology Overconsumption Dividing Human Problems

Book:What Are People For?: Essays

Source: What Are People For?: Essays

“The state has an active role to play in ensuring that there is equilibrium between the constituent parts of the economy, the consumers and the producers.”

States Play Roles Economy Active Producers Consumers Equilibrium Constituents

Book:Memoirs

Source: Memoirs

“I don't mean to imply that we are in imminent danger of being wiped off the face of the earth - at least, not on account of global warming. But climate change does confront us with profound new realities. We face these new realities as a nation, as members of the world community, as consumers, as producers, and as investors. And unless we do a better job of adjusting to these new realities, we will pay a heavy price. We may not suffer the fate of the dinosaurs. But there will be a toll on our environment and on our economy, and the toll will rise higher with each new generation.”

“The banker, therefore, is not so much primarily a middleman in the commodity "purchasing power" as a producer of this commodity. However, since all reserve funds and savings today usually flow to him, and the total demand for free purchasing power, whether existing or to be created, concentrates on him, he has either replaced private capitalists or become their agent; he has himself become the capitalist par excellence.”

Source: The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle

“An exploration of the challenges Korea faces in transforming its economy from a government-directed, low-cost producer to an innovative world economic power based on its own scientific and technological development.”

World Government Faces Challenges Economy Economic Development Cost Lows Producers Exploration Technological Innovative Korea Transforming Economic Power Technological Development

Author:Lewis M. Branscomb

“There is no reason products and services could not be swapped directly by consumers and producers through a system of direct exchange – essentially a massive barter economy. All it requires is some commonly used unit of account and adequate computing power to make sure all transactions could be settled immediately. People would pay each other electronically, without the payment being routed through anything that we would currently recognize as a bank. Central banks in their present form would no longer exist – nor would money.”

People Reason Form Used Pay Economy Products Direct Accounts Producers Consumers No Reason Massive Units Adequate Payment Transactions Computing Central Banks

Author:Mervyn King

“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