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Economy Quotes

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Economy Quotes

“What the Depression teaches us is that when the economy is so depressed that even a zero interest rate isn't low enough, you have to put conventional notions of prudence and sound policy aside.”

Enough Sound Interest Teach Economy Policy Lows Notion Rate Zero Conventional Prudence Interest Rate

Author:Paul Krugman

“Let us learn the meaning of economy. Economy is a high human office,--a sacrament when its aim is grand, when it is the prudence of simple tastes, when it is practised for freedom or for love or devotion.”

Humans Simple Economy Taste Office Aim Devotion Sacraments Prudence

Author:Ralph Waldo Emerson

“To seek the greatest good is to live well, and to live well is nothing other than to love God with the whole heart, the whole soul, and the whole mind: It is therefore obvious that this love must be kept whole and uncorrupt, that is temperance; it should not be overcome with difficulties, that is fortitude, it must not be subservient to anything else, that is justice; it must discriminate among things so as not to be deceived by falsity or fraud, that is prudence.”

“In Virgil's account of the good housewife, who rises early in order to measure out the work of the household, and in Solomon's description of the thrifty woman of his time, one sees the value set upon feminine industry and economy in times far removed from our own.”

Values Order Economy Industry Accounts Description Feminine Household Prudence Housewife Solomon Thrifty

Book:Modern Society

Source: Modern Society

“Let heaven-eyed Prudence battle with Desire.”

Desire Heaven Economy Battle Prudence

Book:Poems

Source: Poems

“Ask any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock, to those who, he thinks, will employ it profitably, or to those who will spend it idly, and he will laugh at you for proposing the question.”

People Thinking Men Two Asks Politics Common Laughing Economy Rich Greater Liberalism Prudence Rich Man

Book:An Inquiry Into the Nature and Causes of the Wealth of Nations With a Life of the Author: Also a View of the Doctrine of Smith, Compared with that of the French Economists, with a Method of Facilitating the Study of His Works, from the French of M. Jariner

Source: An Inquiry Into the Nature and Causes of the Wealth of Nations With a Life of the Author: Also a View of the Doctrine of Smith, Compared with that of the French Economists, with a Method of Facilitating the Study of His Works, from the French of M. Jariner

“We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.”

May Economy Financial International Evolve Bells Prudence Peril Formidable Financial System

Author:Alan Greenspan