Best economy & wealth Quotes | Short & Famous Sayings

“In the end, all new schools, public or private, snobby or not, add value to the education market, making it bigger and more efficient, in the same way that Zuckerberg added wealth to the economy even for non-Facebook fans.”

Way Ends School Values Wealth Economy Fans Bigger Add Efficient Zuckerberg Snobby

Author:Amity Shlaes

“In the next decade, we need to think and act like revolutionaries. We have to innovate, not merely imitate. We will succeed not be following the footsteps of the incumbent, but by introducing new dimensions into play. We need Singaporeans who can lead the way in creating new wealth for our economy.”

Thinking Way Needs Play Next Wealth Economy Succeed Creating Following Decades Revolutionary Dimensions Introducing Footsteps Incumbents Introducing New

Author:Goh Chok Tong

“Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.”

Wealth Cases Economy Aspect Prosperity Finance Manage Improbable

Author:John Kenneth Galbraith

“The conspicuously wealthy turn up urging the character building values of the privation of the poor.”

Character Values Turns Wealth Poor Economy Building Wealthy Character Building

Author:John Kenneth Galbraith

“Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.”

Made Wealth Cases Economy Advantage Prosperity Contrary Finance Persuasive

Book:The affluent society

Source: The affluent society

“Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.”

“Unfortunately, once an economy is geared to expansion, the means rapidly turn into an end and "the going becomes the goal." Even more unfortunately, the industries that are favored by such expansion must, to maintain their output, be devoted to goods that are readily consumable either by their nature, or because they are so shoddily fabricated that they must soon be replaced. By fashion and built-in obsolescence the economies of machine production, instead of producing leisure and durable wealth, are duly cancelled out by the mandatory consumption on an even larger scale.”

Mean Ends Turns Goal Wealth Economy Fashion Industry Built Machines Productions Scales Goods Leisure Devoted Consumption Replaced Expansion Output Obsolescence

Book:THE CITY IN HISTORY

Source: THE CITY IN HISTORY

“My wealth is not a subject I relish discussing.”

Wealth Economy Subjects Discussing Relish

Author:Paul Getty

“My guiding principle is that prosperity can be shared. We can create wealth together. The global economy is not a zero-sum game.”

Together Games Wealth Principles Economy Prosperity Zero Global Economy World Economy Guiding Principles Zero Sum Game

Author:Julia Gillard

“You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment. To our economy, it means business people will not borrow as much money, invest as much money, create as many new jobs, create as much wealth, raise as many raises.”

Knows Mean Jobs Interest Wealth Economy Car Higher Raises Rate Credit Cards Payment Mortgage Credit Card New Job Interest Rate Car Payments

Author:William J. Clinton

“A file-sharing service and a hedge fund are essentially the same things. In both cases, there's this idea that whoever has the biggest computer can analyze everyone else to their advantage and concentrate wealth and power. It's shrinking the overall economy. I think it's the mistake of our age.”

Thinking Ideas Age Wealth Mistake Cases Economy Computer Advantage Fund Files Shrinking Hedge Fund File Sharing

Author:Jaron Lanier

“Wherefore it is impossible to succeed in comparing wealth of different eras or different nations. This, in political economy, like squaring the circle in mathematics, is impracticable, for want of a common mean or measure to go by.”

Want Mean Different Political Nations Wealth Common Economy Impossible Succeed Mathematics Circles Eras Compare Political Economy Different Eras

Book:A treatise on political economy: or, The production, distribution and consumption of wealth

Source: A treatise on political economy: or, The production, distribution and consumption of wealth

“One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them.”

People Social Wealth Existence Poverty Millions Economy Economic Terrible Capitalism Endure Incredibles Extremes Despite Continuing Deprivation Extreme Poverty

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

“The world economy diffuses rather than concentrates wealth.”

World Wealth Economy World Economy

Book:The Political Economy of International Relations

Source: The Political Economy of International Relations

“Consider in what way the industrial system developed upon capitalist lines. Why were a few rich men put with such ease into possession of the new methods? Why was it normal and natural in their eyes and in that of contemporary society that those who produced the new wealth with the new machinery should be proletarian and dispossessed?”

Men Way Should Eye Politics Natural Lines Wealth Economy Rich Normal Method Possession Contemporary Ease Liberalism Capitalist Machinery Rich Man Contemporary Society

Author:Hilaire Belloc

“Even if the wealth and power be well distributed throughout a community, its members will not be happy unless they are inwardly so, and obviously where the distribution is bad, where the few have a vast superfluity and the many are consumed by anxiety or want, or where a few controllers can exercise their will over the many, society has failed, even though its total wealth and power be increased.”

Ifs Want Wells Wisdom Politics Community Wealth Economy Exercise Members Anxiety Liberalism Distribution Consumed Controllers

Author:Hilaire Belloc

“In the same way the eminence attaching to the mere possession of great wealth disappoints us nine times out of ten, especially if the wealth has been accumulated rapidly. For great wealth is accumulated rapidly by cunning or chance, or a mixture of the two. Cunning has nothing to do with high qualities; it is rather a presumption against them; while chance has nothing to do with them either. Therefore it is that men are always complaining after meeting So-and-so, that he seemed to be astonishingly stupid, though he made a million in ten years and started as a pauper.”

“To control the production of wealth is to control human life itself. To refuse man the opportunity for the production of wealth is to refuse him the opportunity for life; and, in general, the way in which the production of wealth is by law permitted is the only way in which the citizens can legally exist.”

Men Way Humans Wisdom Law Opportunity Politics Wealth Economy Citizens Productions Refuse Human Life Liberalism

Book:Belloc: A Biographical Anthology

Source: Belloc: A Biographical Anthology

“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.”

“The concentration of wealth is a natural result of this concentration of ability, and regularly recurs in history. The rate of concentration varies (other factors being equal) with the economic freedom permitted by morals and laws.”

Law Politics Natural Wealth Ability Results Moral Economy Economic Equal Rate Factors Liberalism Concentration Vary Economic Freedom Being Equal Concentration Of Wealth

Book:The Lessons of History

Source: The Lessons of History

“U.S. labor leaders will realize that automation can multiply man's wealth far more rapidly than it is multiplying at present and that automation will leave all men free to search and research... Realizing the direct competition with foreign industry on a straight labor basis will mean swiftly decreasing wages per hour and longer hours and decreasing buying power of the public.”

Men Mean Politics Realizing Hours Wealth Leader Economy Industry Research Labor Direct Bases Competition Liberalism Buying Wages Automation Multiplying Buying Power

Author:R. Buckminster Fuller

“American labor will realize that its function is not to increase jobs, but to multiply the wealth and to expand the numbers benefited by the wealth at the swiftest possible rate.”

Jobs Politics Realizing Wealth Numbers Economy Labor Function Increase Rate Liberalism

Author:R. Buckminster Fuller

“The effect of the corporation, under the prevailing policy of the free, go-as-you-please method of organization and management, has been to drive the bulk of our people, other than farmers, out of property ownership; and, if allowed to go on as present, it will keep them out... The paramount problem is not how to stop the growth of property, and the building up of wealth, but how to manage it so that every species of property, like a healthy growing tree will spread its roots deeply and widely in the soil of a popular proprietorship.”

“Kelso's proposals do promise to free us from our morbid dependency on economic health through armament manufacture; they promise a way out of the welfare mess, out of foodstamps and ship subsidies, out of perpetual inflation, and they suggest a means of doing these things without being too disruptive of the wealth of five percent of the population who own the rest of us.”

“The party should stand for a constantly wider diffusion of property. That is the greatest social and economic security that can come to free men. It makes free men. We want a nation of proprietors, not a state of collectivists. That is attained by creating a national wealth and income, not by destroying it. The income and estate taxes create an orderly movement to diffuse swollen fortunes more effectively than all the quacks.”

Source: Addresses Upon the American Road

“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.”

“Everyone should own a piece of the wealth-producing capital of this country, but not everyone can be a manager. Or should be.”

Should Country Wisdom Politics Wealth Economy Pieces Managers Liberalism

Author:Louis O. Kelso

“If capital produces most of the economy's wealth and income is distributed on the basis of productive input, the individual can hardly reach his goal - an affluent level of income - solely by means of his labor.”

Ifs Mean Wisdom Politics Individual Goal Wealth Levels Economy Produce Labor Bases Income Liberalism Productive Input Affluent

Book:Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“Take Milton Friedman, he sits at his desk pontificating about such bunk as the monetary system being the answer to our problems. The monetary system is a legal contrivance. Property, not money, is real wealth. It's physical, not legal.”

Real Problem Wisdom Politics Wealth Answers Economy Property Liberalism Desks Monetary Milton Monetary System Bunk Real Wealth

Author:Louis O. Kelso

“The idea that full employment without property ownership will solve the world's problems is utter nonsense. The Keynesian concept that the function of capital is merely to amplify labor, not independently produce wealth is simply blindness.”

World Ideas Problem Wisdom Politics Wealth Economy Produce Concepts Labor Function Property Solve Employment Liberalism Nonsense Ownership Blindness Amplify Property Ownership

Author:Louis O. Kelso

“The poor lack money. They lack money because they do not know the secret of productive wealth. They know it is possible to be old, unemployed, uneducated, lazy - even halt, deaf, dumb, and blind-and still be excessively rich. But you have to be in on the secret, and the poor by definition are not.”

Knows Stills Wisdom Politics Wealth Poor Secret Economy Rich Blind Definitions Dumb Liberalism Lazy Productive Deaf Halt Unemployed Uneducated

Author:Louis O. Kelso

“Work is a means; it is not an end. And for any tasks that can be performed or eliminated by a capital instrument, human labor is not the best means... Furthermore, we have science, engineering and management - the three disciplines - that really plan and control the production of goods and services, trying to eliminate labor. Who the hell is government to come along and try to create labor? The people who are producing wealth are trying to eliminate toil, while the politicians are trying to create it.”

“For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.”

Believe Wisdom Politics I Believe Social Wealth My Own Economy Significant Income Psychological Inequality Liberalism Justification

Book:General Theory Of Employment , Interest And Money

Source: General Theory Of Employment , Interest And Money

“The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.”

War Wisdom Politics Wealth Half Economy Mankind Century Benefits Built Fixed Liberalism Divided Immense Accumulation

Book:The Economic Consequences of the Peace

Source: The Economic Consequences of the Peace

“Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God's children.”

Children Country Wisdom Politics Wealth Economy Democracy Capitalism Democratic Socialism Liberalism Capitalist Distribution Democratic Socialism Distribution Of Wealth Social Democracy Capitalism And Socialism

Book:From Civil Rights to Human Rights: Martin Luther King, Jr., and the Struggle for Economic Justice

Source: From Civil Rights to Human Rights: Martin Luther King, Jr., and the Struggle for Economic Justice

“For when men know they are working on what belongs to them, they work with far greater eagerness and diligence. Nay, in a word, they learn to love the land cultivated by their own hands, whence they look not only for food but for some measure of abundance for themselves and their dependents. All can see how much this willing eagerness contributes to an abundance of produce and the wealth of a nation.”

Knows Men Looks Hands Politics Nations Wealth Economy Greater Land Produce Willing Abundance Liberalism Diligence Eagerness

Book:On the Condition of Workers

Source: On the Condition of Workers

“We are free today substantially, but the day will come when our Republic will be an impossibility. It will be an impossibility because wealth will be concentrated in the hands of a few. A Republic cannot stand upon bayonets, and when the day comes when the wealth of the nation will be in the hands of a few, then we must rely upon the wisdom of the best elements in the country to readjust the laws of the nations to the changed conditions.”

Country Wisdom Hands Today Law Politics Nations Wealth Economy Conditions Changed Elements Rely Liberalism Republic Impossibility Rely Upon Bayonets Concentration Of Wealth

Author:James Madison

“Individual initiative alone and the mere free play of competition could never assure successful development. One must avoid the risk of increasing still more the wealth of the rich and the dominion of the strong, whilst leaving the poor in their misery and adding to the servitude of the oppressed.”

Source: On the development of peoples

“In the first place, it is obvious that not only is wealth concentrated in our times but an immense power and despotic economic dictatorship is consolidated in the hands of a few, who often are not owners but only the trustees and managing directors of invested funds which they administer according to their own arbitrary will and pleasure. This dictatorship is being most forcibly exercised by those who, since they hold the money and completely control it, control credit also and rule the lending of money.”

Firsts Hands Politics Wealth Pleasure Economy Economic Directors Obvious Credit Our Time Liberalism Owners Fund Immense Dictatorship Arbitrary Lending Trustees

Author:Pope Pius XI

“For the rich men without scruple drew the estate into their own hands, excluding the rightful heirs from their succession; and all the wealth being centred upon the few, the generality were poor and miserable. Honourable pursuits, for which there was no longer leisure, were neglected; the state was filled with sordid business, and with hatred and envy of the rich.”

Source: The Lives of the Noble Grecians and Romans, Volume II: (A Modern Library E-Book)

“They fought indeed and were slain, but it was to maintain the luxury and the wealth of other men.”

Men Politics Wealth Economy Luxury Liberalism

Book:Lives of the noble Grecians and Romans: Top Biography

Source: Lives of the noble Grecians and Romans: Top Biography

“Rome was in the most dangerous inclination to change on account of the unequal distribution of wealth and property, those of highest rank and greatest spirit having impoverished themselves by shows, entertainments, ambition of offices, and sumptuous buildings, and the riches of the city having thus fallen into the hands of mean and low-born persons. So that there wanted but a slight impetus to set all in motion, it being in the power of every daring man to overturn a sickly commonwealth.”

Source: Greek and Roman Lives

“Our Founding Fathers well understood that concentrated power is the enemy of liberty and the rights of man. They knew that the American experiment in individual liberty, free enterprise and republican self-government could succeed only if power were widely distributed. And since in any society social and political power flow from economic power, they saw that wealth and property would have to be widely distributed among the people of the country. The truth of this insight is immediately apparent.”

“Could there be anything resembling a free enterprise economy, if wealth and property were concentrated in the hands of a few, while the great majority owned little more than the shirts on their backs?”

Ifs Littles Wisdom Hands Politics Wealth Economy Majority Property Shirts Liberalism Enterprise Free Enterprise

Author:Ronald Reagan

“Could there be anything but widespread misery, where a privileged few controlled a nation's wealth, while millions labored for a pittance, and millions more were desperate for want of employment?”

Want Wisdom Politics Nations Wealth Millions Economy Misery Employment Desperate Liberalism Controlled Privileged

Author:Ronald Reagan

“This is not to say that the government should confiscate from the "haves" and bestow upon the "have-nots", beyond the requirements of a compassionate welfare program to provide for those who cannot provide for themselves. Far from it. But it is to say that our duty is to foster a strong, vibrant wealth-producing economy which operates in such a way that new additions to wealth accrue to those who presently have little or no ownership stake in their country.”

Way Should Littles Country Government Politics Strong Wealth Economy Duty Program Welfare Liberalism Compassionate Stakes Ownership Requirements Welfare Programs

Author:Ronald Reagan

“Profit sharing in the form of stock distributions to workers would help to democratize the ownership of America's vast corporate wealth which is today appallingly undemocratic and unhealthy.”

Helping Today America Form Politics Wealth Economy Workers Profit Corporate Liberalism Ownership Distribution Unhealthy Profit Sharing

Author:Walter Reuther

“The slave states of Western world are an outgrowth of monopolistic capitalism - an economic system which is opposed to the wide distribution of private property in many hands. Instead, monopolistic capitalism concentrates productive wealth among a few men, allowing the rest to become a vast proletariat.”

“In democratic countries as well as elsewhere most of the branches of productive industry are carried on at a small cost by men little removed by their wealth or education above the level of those whom they employ.”

Men Wells Littles Country Politics Wealth Levels Economy Industry Cost Democratic Branches Liberalism Productive Elsewhere Democratic Country

Book:Democracy in America: The Complete and Unabridged Volumes I and II

Source: Democracy in America: The Complete and Unabridged Volumes I and II

“For a free country to continue thriving, there have to be regular reforms, because any society, any economy that stays in place, you're going to see repeated attempts to exploit the openings for twisting policy to the advantage of those who already have wealth and power.”

Country Wealth Economy Policy Advantage Opening Reform Exploits Free Country

Author:Al Gore

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