“What has changed in 40 years? It’s very simple: 40 years ago there was a market economy. Today there is a market society – today everything, including ethics, has a price.” YearsTodaySimpleEconomyChangedEthicsYears AgoIncludingMarket EconomySociety TodayEconomy Today Author:Robert Fripp
“Two hundred years ago the first liberal economist, Adam Smith, warned businessmen that they could absorb only a certain amount of rigidity. In the easy days after World War II... wage rises could be financed out of inflationary price increases.” WorldYearsFirstsTwoWarWisdomCertainPoliticsEasyEconomyAmountHundredYears AgoIncreaseWar Of The WorldsLiberalismWorld War IiAdamWorld War IBusinessmanEconomistRigidityEasy Days Author:John Chamberlain
“There's only one honest way to measure affluence; that's by comparing the capability of producing goods and services with the desire of people to enjoy them. It's a lousy, crooked trick to compare this society with China or some such place and then say we're affluent. It's a piece of intellectual crookery even to compare this economy with itself ten or twenty years ago. We should compare what we have with what we could have.” PeopleWayShouldYearsWisdomDesirePoliticsEnjoyEconomyPiecesHonestTenIntellectualYears AgoTwentiesChinaTricksCompareLiberalismGoodsCapabilityCrookedAffluenceThis SocietyAffluentGoods And Services Author:Louis O. Kelso
“Some years ago a top Ford official was showing the late Walter Reuther through the very automates plant in Cleveland, Ohio and he said to him jokingly, "Walter, you'll have a hard time collecting union dues from these machines." and Walter said, "you are going to have more trouble trying to sell automobiles to them." Both of them let it stop there. There was a logical answer to that ... the owners of the machines could buy automobiles and if you increase the number of owners you increase the number of consumers.” IfsTryingYearsSaidHardWisdomPoliticsAnswersNumbersEconomyTroubleLateYears AgoMachinesIncreaseSellsUnionsPlantDuesConsumersOfficialsHard TimesLiberalismOwnersLogicalCollectingAutomobileOhioClevelandCleveland Ohio Author:Ronald Reagan
“Over hundred years ago Abraham Lincoln signed the Homestead Act. There was wide distribution of land and they didn't confiscate anyone's privately owned land... We need an industrial Homestead Act.” NeedsYearsWisdomPoliticsEconomyLandHundredYears AgoWideLiberalismDistributionAbrahamHomestead Act Author:Ronald Reagan
“Well, you have to understand where we came from. We are not here because we decided 10 years ago that we were going to be x-size company, and, oh, yeah, Jackson would be a good headquarters. We work here in Mississippi because we started here, and we are certainly happy here. Those of us working out of Jackson intend to continue working out of Jackson.” YearsWellsWould BeCompanyEconomyYears AgoDecidedYeahSizeWork OutMississippiHeadquartersWhere We Came Author:Bernard Ebbers
“What we learned several years ago was that one of our weaknesses would be if we didn't develop enough people with the know-how to run our company, it would come to the point where we would just stop.” PeopleIfsKnowsYearsEnoughWould BeRunningCompanyKnow HowEconomyWeaknessYears Ago Author:Kevin B. Rollins
“So the guy that we're really targeting our system at this year is one of the guys who brought a 16bit system three or four years ago and has pretty much had it with that, and he's ready to buy something new.” YearsGuyThreeEconomyFourReadyYears AgoSomething NewFour Years Author:Trip Hawkins
“Our current expectations for what our students should learn in school were set fifty years ago to meet the needs of an economy based on manufacturing and agriculture. We now have an economy based on knowledge and technology.” NeedsShouldYearsSchoolTechnologyEconomyStudentsExpectationsYears AgoCurrentsAgricultureManufacturing Author:Bill Gates