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Economy Quotes

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Economy Quotes

“Thus, if there exists a law which sanctions slavery or monopoly, oppression or robbery, in any form whatever, it must not even be mentioned. For how can it be mentioned without damaging the respect which it inspires? Still further, morality and political economy must be taught from the point of view of this law; from the supposition that it must be a just law merely because it is a law. Another effect of this tragic perversion of the law is that it gives an exaggerated importance to political passions and conflicts, and to politics in general.”

“Tools may be animate as well as inanimate; for instance, a ship's captain uses a lifeless rudder, but a living man for watch; for a servant is, from the point of view of his craft, categorized as one of its tools. So any piece of property can be regarded as a tool enabling a man to live, and his property is an assemblage of such tools; a slave is a sort of living piece of property; and like any other servant is a tool in charge of other tools.”

“Under the old social philosophy which had governed the Middle Ages, temporal, and therefore all economic, activities were referred to an eternal standard. The production of wealth, it distribution and exchange were regulated with a view to securing the Christian life of Christian men. In two points especially was this felt: First in securing the independence of the family, which can only be done by the wide distribution of property, in others words the prevention of the growth of a proletariat; secondly, in the close connection between wealth and public function.”

“With reason, then, the common opinion of mankind, little affected by the few dissentients who have contended for the opposite view, has found in the careful study of nature, and in the laws of nature, the foundations of the division of property, and the practice of all ages has consecrated the principle of private ownership, as being pre-eminently in conformity with human nature, and as conducing in the most unmistakable manner to the peace and tranquility of human existence.”

“In the minds of many Western politicians, military interventions and air strikes appear to have become legitimate policy tools since the NATO attacks on Yugoslavia during the 1990s. That's how they intend to bring everyone into line who don't share the Western view of democratization of society and the liberalization of the economy. But there is no future for that kind of globalization.”

“There is much in American society which I admire, but I have long held the view that the absence of an effective safety net in that country means that too many needy citizens fall by the wayside. That is not the path that Australia will tread. Nor do we want the burdens of nanny state paternalism that now weigh down many economies in Europe.”

“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.”

“Government is not a solution to our problem, government is the problem. ... Government does not solve problems; it subsidizes them. Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it. ... The problem is not that people are taxed too little, the problem is that government spends too much.”

“What is left that only the family can do? According to the new economy - nothing. The leading view today is 'It Takes a Village,' that even love can be outsourced to teachers, coaches, clubs and mentors. The truth is that it does take a village, a community, but a community of families working, playing, cooperating and facing obstacles together, not a community of government institutions.”

“Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.”