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Economy Quotes

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Economy Quotes

“Our children, Edward, Agnes, and little Mary, promise well; their education, for the time being, is chiefly committed to me; and they shall want no good thing that a mother's care can give. Our modest income is amply sufficient for our requirements; and by practising the economy we learnt in harder times, and never attempting to imitate our richer neighbours, we manage not only to enjoy comfort and contentment ourselves, but to have every year something to lay by for our children, and something to give to those who need it. And now I think I have said sufficient.”

“All to whom want is terrible, upon whatever principle, ought to think themselves obliged to learn the sage maxims of our parsimonious ancestors, and attain the salutary arts of contracting expense; for without economy none can be rich, and with it few can be poor.”

“The basic issue of an American society which is fair, which is providing opportunity for all, is nowadays being replaced by the correct perception that we're living in a rigged economy - where it doesn't matter how hard you worked, the result will be all the income goes to the people at the very top. It's leading to a lot of frustration and anger, and people want some fundamental changes to the way we do economics and growth.”

“The nation as such is not a large subject that has needs, that works, practices economy, and consumes. . . . Thus the phenomena of “national economy” . . . are, rather, the results of all the innumerable individual economic efforts in the nation and . . . must also be theoretically interpreted in this light. . . .Whoever wants to understand theoretically the phenomena of “national economy” . . . must for this reason attempt to go back to their true elements, to the singular economies in the nation, and to investigate the laws by which the former are built up from the latter.”

“What we need to do together is to put in place the kind of - foster the kind of environment where businesses of all sizes - small, medium or large - want to invest, want to do the innovative things that our businesses here in America are known for doing, want to grow our economy and want to create the kind of jobs that will bring - reduce that unemployment rate.”

“Well, certainly the Democrats have been arguing to raise the capital gains tax on all Americans. Obama says he wants to do that. That would slow down economic growth. It's not necessarily helpful to the economy. Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged.”

“Time is never more misspent than while we declaim against the want of it; all our actions are then tinctured with peevishness. The yoke of life is certainly the least oppressive when we carry it with good-humor; and in the shades of rural retirement, when we have once acquired a resolution to pass our hours with economy, sorrowful lamentations on the subject of time misspent and business neglected never torture the mind.”

“I think what Republicans want is someone who will stand up and lead, who will take on the great challenges of the day, who will make the case that the path we're on isn't working; that the Obama-economy is a disaster, that Obamacare is a trainwreck, that our constitutional rights are under assault and that we need to restore America's leadership in the world.”

“There's no free lunch. If you want an industrial economy, you need energy. If you want energy, it will produce pollution. You can have it in two forms. You can have it dissipated in the atmosphere - like carbon dioxide - which then you cannot recover, or you can have the waste concentrated in one small space like nuclear. That is far easier to deal with. The idea that you can be able to create renewable energy at a price anywhere near the current price for oil or gas or coal is a fantasy.”

“Corporations are a good thing. But corporations should not be running our government... They have driven the American economy since its founding, and the prosperity of our country is largely dependent on the free operation of corporations. But some corporations don't want free markets, and they don't want democracy. They want profits.”

“For a small open economy that trades mostly with the euro zone it makes absolute sense to be part of the currency union. Our currency has already pegged to the euro since 2002. We don't have an independent monetary policy. We are regulated by the European Central Bank in Frankfurt, but we are not able to reap all the profits. Our businesses want to save the transaction costs.”

“In the name of economy a thousand wasteful devices would be invented; and in the name of efficiency new forms of mechanical time-wasting would be devised: both processes gained speed through the nineteenth century and have come close to the limit of extravagant futility in our own time. But labor-saving devices could only achieve their end-that of freeing mankind for higher functions-if the standard of living remained stable. The dogma of increasing wants nullified every real economy and set the community in a collective squirrel-cage.”

“We must be strong at home if we are going to be strong abroad. We understand that. So we want to be strong at home in our morale or in our spirit, we want to be strong intellectually, in our education, in our economy and, where necessary, militarily.”

“I believe in positive despotism. That means an exchange between people. I'm thinking about the fact that someone serves me breakfast in my bed. I can not see anything wrong in that. Because everything is a question of exchanges between people. Everyone has some specific possibilities and can to a certain extent do whatever they want. If one wants to become rich one can study economy and if one wants to be poor one can choose to become a professor in butterfly wings for example. So we can choose.”

“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.”

“It comes as no surprise that average Americans have a different perception of the economy than (US President) George W. Bush and his friends. They can play around with statistics as much as they want, but it's clear that we have an unfair distribution of wealth.”

“I'm really tired of Americans being the only ones asked to do all the heavy lifting when it comes to charity, and, quite frankly, my number one concern right now is taking care of the fact that Americans are taking it in the gut without jobs. Many of them working two and three part time jobs. And, if America wants to do something great, let's get our economy growing again, stabilize the dollar, and we'll be in a much better position to help people around the world.”

“Year after year in Washington, budget debates seem to come down to an old, tired argument: on one side, those who want more government, regardless of the cost; on the other, those who want less government, regardless of the need....Government has a role, and an important role. Yet, too much government crowds out initiative and hard work, private charity and the private economy....Government should be active, but limited; engaged, but not overbearing.”