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Economy Quotes

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Economy Quotes

“The economy is still substantially that of the fur trade, still based on the same general kinds of commercial items: technology, weapons, ornaments, novelties, and drugs. The one great difference is that by now the revolution has deprived the mass of consumers of any independent access to the staples of life: clothing, shelter, food, even water. Air access remains the only necessity that the average user can still get for himself, and the revolution has imposed a heavy tax on that by way of pollution. Commercial conquest is far more thorough and final than military defeat.”

“Obviously, the technology community in Massachusetts competes in a global economy, and our efforts to create a more competitive environment recognizes that competitiveness at a local level. We'd expect employers in other states to use this site as they consider where in Massachusetts to locate or expand their presence.”

“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.”

“So many people have that kind of attitude and approach to learning that it gives me great hope for the world. I say hope in the sense that innovations in science and technology will be the engines of a 21st century economy and I don't want to go broke, as a nation. So, the hope I have is that, if people embrace it, we'll have a healthier, more secure, wealthier nation than we have.”

“Digital technologies are setting down the new grooves of how people live, how we do business, how we do everything--and they're doing it according to the expectations of foolish utopian scenarios. We want free online experiences so badly that we are happy to not be paid for information that comes from us now or ever. That sensibility also implies that the more dominant information becomes in our economy, the less most of us will be worth.”

“In our time, in particular, there exists another form of ownership which is becoming no less important than land: the possession of know-how, technology and skill. The wealth of the industrialized nations is based much more on this kind of ownership than on natural resources.”

“Full employment is a socially hazardous goal. In effect, it aspires to restore through political expedients the pre-industrial state of toil that science, engineering, technology and modern management are pledged to overcome.”

“Technology and computers are very much at the core of our economy going forward. To be prepared for the demands of the 21st century-and to take advantage of its opportunities-it is essential that more of our students today learn basic computer programming skills, no matter what field of work they want to pursue.”

“Technology policy - whether we should have one and what form such a policy should take - was a core issue of the 1992 presidential campaign, and in February 1993 the Clinton administration confirmed that fostering new technologies will be a critical part of its agenda for redirecting the American economy.”

“The very technologies that were supposed to free up our time seem instead to be consuming it, tacking hours onto our already extended days. The very interconnectedness of life in a global networked economy that creates so many opportunities also makes all our decisions more complex, crucial, even fragile.”

“Pollution and overuse of resources stem directly from the failure of government to defend private property. If property rights were to be defended adequately, we would find that here, as in other areas of our economy and society, private enterprise and modern technology would come not as a curse to mankind but as its salvation.”

“Mobile phone technology can help to bring financial services to the 80 percent of African women who do not have a bank account and bolster the growth of the world's poorest continent. It's not just about empowering women, it's about economic growth. Unless we can make access to finance easier for women in their businesses, we will be missing out on a significant portion of growth within our economies”

“The laws of thermodynamics restrict all technologies, man's as well as nature's, and apply to all economic systems whether capitalist, communist, socialist, or fascist. We do not create or destroy (produce or consume) anything in a physical sense- we merely transform or rearrange. And the inevitable cost of arranging greater order in one part of the system (the human economy) is creating a more than offsetting amount of disorder elsewhere (the natural environment).”

“Although population and consumption are societal issues, technology is the business of business. If economic activity must increase tenfold over what it is today to support a population nearly double its current size, then technology will have to reduce its impact twenty-fold merely to keep the planet at its current levels of environmental impact. For example, to stabilize the climate we may have to reduce real carbon emissions by as much as 80 percent, while simultaneously growing the world economy by an order of magnitude.”

“It is much easier to make intellectual messes than it is to clarify complicated issues, especially when real solutions would challenge the status quo and require much careful thought across many fields of knowledge. Problems of climatic change, biotic impoverishment, population growth, and the choices to be made by various technologies and the transition to a sustainable and decent society with an economy that works over the long-term are difficult, complex, and intertwined problems with many possible answers.”

“The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...While these tendencies were no doubt in train in the "old," pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.”