“Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.” DoeHas BeensWholeHappensWould BeLosesLossEconomyGroupsPossibilityParticularHigherGainsAcceptableFixingTransactionsGains And Losses Author:Thomas Sowell
“It doesn't take a genius to see what happens when the entitlement state outgrows the economy upon which it rests. The time of Greece, Cyprus, Portugal, Spain, the rest of insolvent social-democratic Europe — and now Detroit — is the time for conservatives to raise the banner of Stein's Law and yell "Stop." You can kick the can down the road, but at some point it falls over a cliff.” StatesHappensLawSocialEconomyGeniusEuropeRaisesDemocraticDisappearKicksSpainGreeceCliffsEntitlementDetroitDown The RoadBannerPortugalCyprus Author:Charles Krauthammer
“I find that whenever I am in power, or my father was in power, somehow good things happen. The economy picks up, we have good rains, water comes, people have crops. I think the reason this happens is that we want to give love and we receive love.” PeopleThinkingWantGivingReasonHappensFatherWaterEconomyPicksRainGood ThingsThings HappenCropsRain WaterGood Rain Author:Benazir Bhutto
“We love a world in which the people in the white hats get rewarded and the people in the black hats pay the price. And that I have to say doesn't happen very often, particularly in a very complex economy. We're in a time of panic where people have lost trust in what the banks are doing, what the investment firms are doing - lost trust beyond a level of reasonableness, to be honest. And, it's got to be stopped.” PeopleWorldHappensLostBlackWhiteLevelsPayEconomyHonestInvestmentComplexesBeing HonestFirmHatsPanicPay The PriceReasonablenessBlack HatsLost Trust Author:Rebecca M. Blank
“If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.” IfsKnowsStillsHappensEconomyInvesting Author:Warren Buffett
“In our society, real power does not happen to lie in the political system, it lies in the private economy: that’s where the decisions are made about what’s produced, how much is produced, what’s consumed, where investment takes place, who has jobs, who controls the resources, and so on and so forth. And as long as that remains the case, changes inside the political system can make some difference-I don’t want to say it’s zero-but the differences are going to be very slight.” WantLongDoeMadeRealHappensJobsPoliticalLyingDifferencesDecisionCasesEconomyResourcesRemainsInvestmentOur SocietyZeroConsumedPolitical SystemsReal Power Author:Noam Chomsky
“I've watched politics for years. Republicans rarely get credit for the good things that happen in the economy during their watch. Democrats always get more credit than they deserve. They are just better at political discourse that we are.” YearsHappensPoliticalWatchesEconomyRepublicanDeserveGood ThingsDemocratCreditDiscoursePolitical Discourse Author:George W. Bush