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Economy Quotes

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Economy Quotes

“We have created new idols. The worship of the ancient golden calf (cf. Ex 32:1-35) has returned in a new and ruthless guise in the idolatry of money and the dictatorship of an impersonal economy lacking a truly human purpose. The worldwide crisis affecting finance and the economy lays bare their imbalances and, above all, their lack of real concern for human beings; man is reduced to one of his needs alone: consumption.”

“Our goal is not to assume leadership of existing institutions, but rather to render them irrelevant. We don't want to take over the state or change its policies. We want to render its laws unenforceable. We don't want to take over corporations and make them more 'socially responsible.' We want to build a counter-economy of open-source information, neighborhood garage manufacturing, permaculture, encrypted currency and mutual banks, leaving the corporations to die on the vine along with the state. We do not hope to reform the existing order. We intend to serve as its grave-diggers.”

“Had there been any existent vital and energetic institution left in Society after the Reformation for the use of small property in coordinated form-that is, in combination, so that the average man's holding could be put to useful purpose in company with the holdings of a great number of other men of his own sort, the new evils would not have arisen.”

Men Use Wisdom Form Purpose Evil Politics Left Numbers Company Economy Institutions Property Average Combination Liberalism Reformation Energetic Average Man

Book:The Crisis Of Civilization

Source: The Crisis Of Civilization

“Justice is the constant and eternal purpose that renders to each his due.”

Purpose Politics Justice Economy Eternal Constant Dues Liberalism

Author:Justinian I

“Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs?”

Wisdom Jobs Purpose Politics Technology Economy Labor Function Liberalism Formation

Author:Louis O. Kelso

“The purpose of finance is to enable business to acquire the ownership of capital instruments before it has saved the funds to buy and pay for them. The logic used by business in investing is things that will pay for themselves is not today available to the 95% born without capital. Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.”

Way Needs Wisdom Today Able Used Purpose Politics Born Pay Economy Labor Logic Instruments Investing Available Saved Finance Liberalism Acquire Fund Ownership

Author:Louis O. Kelso

“Man's Chief purpose is the creation and preservation of values; that is what gives meaning to our civilization, and the participation in this is what gives significance, ultimately, to the individual human life.”

Men Giving Humans Wisdom Purpose Values Politics Individual Economy Creation Civilization Chiefs Human Life Liberalism Significance Participation Preservation

Author:Lewis Mumford

“For they have always unanimously maintained that nature, rather the Creator Himself, has given man the right of private ownership not only that individuals may be able to provide for themselves and their families but also that the goods which the Creator destined for the entire family of mankind may through this institution truly serve this purpose.”

Men May Able Purpose Politics Individual Given Economy Mankind Institutions Creator Liberalism Goods Ownership Destined

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

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

“It's the nature of government, to build enduring institutions, structures that stay long after their purpose is over. If you pay people to help the poor, you have people who won't be paid if there aren't any poor, so they'll be sure to find some.”

People Ifs Long Helping Government Purpose Politics Poor Pay Economy Paid Institutions Structure Endure Liberalism Help The Poor

Author:Jerry Pournelle

“Taxation has its limitations as a method of achieving better economic distribution since for this purpose it is essentially remedial. We must also take a positive approach by finding new ways to spread ownership of future capital growth more broadly in our society.”

Source: The second American revolution: some personal observations

“We have to remember we're in a global economy. The purpose of fiscal stimulus is not simply to sustain activity in our national economies, but to help the global economy as well, and that's why it's so critical that measures in those packages avoid anything that smacks of protectionism.”

Wells Helping Remember Purpose Economy Activity Critical Packages Stimulus Global Economy Smack World Economy Protectionism National Economy

Author:Stephen Harper

“I can assure you that there is the greatest practical benefit in making a few failures early in life. You learn that which is of inestimable importance that there are a great many people in the world who are just as clever as you are. You learn to put your trust, by and by, in an economy and frugality of the exercise of your powers, both moral and intellectual; and you very soon find out, if you have not found it out before, that patience and tenacity of purpose are worth more than twice their weight of cleverness.”

People Ifs World I Can Purpose Found Moral Economy Exercise Benefits Intellectual Weight Importance Clever Practicals Great Men Tenacity Cleverness Frugality

Book:Collected essays

Source: Collected essays

“Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.”

States Helping Home Kids Purpose Economy Example College Accounts Fund Capitalist Bank Accounts Capitalist Economy

Author:Noam Chomsky

“Either the material order is the whole of being, wherein all transcendence is an illusion, or it is the phenomenal surface - mysterious, beautiful, terrible, harsh, and haunting - of a world of living spirits.... One should... be able to recognize that it is only the latter view that has ever had the power - over centuries and in every realm of human accomplishment - to summon desire beyond the boring limits marked by mortality, to endow the will with constancy and purpose, and to shape imagination towards ends that should not be possible within the narrow economies of the flesh.”