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Economy Quotes

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Economy Quotes

“It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate.”

Trying Shows Reality Government Action Economy Fate Economic Example Intervention Fashionable Recessions Rail Government Intervention Great Recession

Author:Mark Zandi

“The reality is that our economy now consists of driving 250 million vehicles around the suburbs and malls and eating fried chicken. We don't manufacture much. We just burn up ever scarcer petroleum in the ever-expanding suburbs built with mortgage money lent to people who haven't a clue.”

Source: Deer Hunting with Jesus: Dispatches from America's Class War

“Words change their meanings, just as organisms evolve. We would impose an enormous burden on our economy if we insisted on payment in cattle every time we identified a bonus as a pecuniary advantage (from the Latin pecus , or cattle, a verbal fossil from a former commercial reality).”

Ifs Reality Economy Advantage Burden Enormous Former Evolve Latin Organisms Fossils Payment Cattle Bonus

Book:The Structure of Evolutionary Theory

Source: The Structure of Evolutionary Theory

“Most people, I suspect, still have in their minds an image of America as the great land of college education, unique in the extent to which higher learning is offered to the population at large. That image used to correspond to reality. But these days young Americans are considerably less likely than young people in many other countries to graduate from college. In fact, we have a college graduation rate that's slightly below the average across all advanced economies.”

“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 whole Jeffersonian ideal was that people are temporarily in government. Government is not the basic reality. People are. The private sector. And government is just a limited power to make things go better.”

People Whole Wisdom Reality Government Politics Economy Ideals Liberalism Private Sector

Book:Thoughts

Source: Thoughts

“The growth of property and the desire for its transmission to children was, in reality, the moving power which brought in monogamy to insure legitimate heirs, and to limit their number to the actual progeny of the married pair.”

Children Wisdom Reality Moving Desire Politics Growth Numbers Economy Limits Married Property Liberalism Pairs Heirs Transmission Monogamy Progeny

Book:Ancient Society

Source: Ancient Society

“All those who, since Adam Smith, have turned their attention to Political Economy, agree that in reality we do not buy articles of consumption with money, the circulating medium with which we pay for them. We must in the first instance have bought this money itself by the sale of our produce.”

Firsts Wisdom Reality Political Politics Pay Attention Economy Produce Agree Mediums Instance Liberalism Articles Adam Consumption Political Economy

Book:Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

Source: Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

“To compete in a global economy, our students must continue their education beyond high school. To make this expectation a reality, we must give students the tools they need to succeed, including the opportunity to take a college entrance exam.”

Needs Giving Reality School Opportunity Economy Students College Succeed Expectations High School Tools Including Entrances Exam Global Economy World Economy

Author:Jennifer Granholm

“There are fundamental tensions between the biological reality of the planet and the economic reality. To some extent you can adapt the economy, create a new set of rules and incentives to send it down a better track, but finally people in the first world are going to have to consume a whole lot less.”

People World Firsts Whole Reality Economy Economic Planets Fundamentals Track Tension Incentives

Author:Michael Pollan

“Russia is a gas station masquerading as a country. It's kleptocracy, it's corruption, it's a nation that's really only dependent upon oil and gas for their economy.”

Country Reality Politics Energy Nations Money Economy Policy Corruption Oil Russia Ideology Dependent Gas Stations Foreign Policy Gas Stations Oil And Gas

Author:John McCain

“A lot of Democrats have said that raising the minimum wage is both good economics and good politics. The nonpartisan CBO issued a report today saying that raising the minimum wage to $10.10 an hour would cost the economy about 500,000 jobs...Why should we trust Democrats on anything when they couldn't have foreseen that this would be the case?”

“They're trying to make fuel cells a reality. They want to bring the hydrogen economy to the United States.”

Want Trying States Reality United United States Economy Cells Fuel Hydrogen Fuel Cells

Author:Thomas Davis

“The problems of the global economy are not based in perception, but in the reality of prices, balance sheets and income statements, vast concentrations of wealth and power, precarious systemic imbalances, ruthless exploitation, and command economies mismanaged by Central State/Bank policy and manipulation.”