“Now Mitt is not a perfect candidate. He has a number of problems. It's hard for him, for blue collar families like mine to identify with him. It's hard for economic conservatives to identify with him. He needs to do more to reach out to Latinos.” NeedsHardProblemPerfectNumbersEconomicMinesRepublicanBlueCandidatesReach OutLatinoCollarsBlue Collar Author:George Pataki
“The truth of good economic doctoring is to know the general principles, and to really know the specifics. To understand the context, and also, to understand that an economy may need some tender loving care, not just the so-called hard truths, if it's going to get by.” IfsKnowsNeedsMayHardCarePrinciplesEconomyEconomicHard TruthsSpecificsDoctoringTender Loving Care Author:Jeffrey Sachs
“In the distance, I see a frightful storm brewing in the form of un-tethered government debt. I choose the words -“frightful storm' - deliberately to avoid hyperbole. Unless we take steps to deal with it, the long-term fiscal situation of the federal government will be unimaginably more devastating to our economic prosperity than the subprime debacle and the recent debauching of credit markets that we are working right now so hard to correct.” LongHardGovernmentFormTermDealsSituationStepsEconomicRight NowDistanceProsperityCreditDebtStormLong TermFederal GovernmentBrewingHyperboleEconomic ProsperityDebaclesGovernment Debt Author:Richard W. Fisher
“To recover from the current economic downturn, it has been estimated that we need to create on the order of 17 million to 20 million new jobs in the coming decade...And it's very hard to imagine where those jobs are going to come from unless we seriously get busy reinventing manufacturing.” NeedsHas BeensHardJobsOrderMillionsImagineEconomicBusyCurrentsDecadesManufacturingNew JobReinventingDownturnEconomic Downturn Author:Susan Hockfield
“I think that the environmental movement is wisely moving away from a largely emotion-based argument for the spiritual or intrinsic value of Nature with a capital "N" and evolving toward a very hard-nosed case for the economic value of natural capital, ecosystem services, biodiversity, etc.” ThinkingHardSpiritualMovingValuesNaturalEmotionCasesEconomicMovementArgumentEnvironmentalEvolveEtcEcosystemsBiodiversityMoving AwayIntrinsic ValueEconomic Value Author:Edward Norton
“The ultimate consequences of the individualist spirit in economic life are those which you yourselves, Venerable Brethren and Beloved Children, see and deplore: Free competition has destroyed itself; economic dictatorship has supplanted the free market; unbridled ambition for power has likewise succeeded greed for gain; all economic life has become tragically hard, inexorable, and cruel.” ChildrenHardSpiritPoliticsEconomyEconomicAmbitionConsequenceGainsUltimateCompetitionGreedDestroyedBelovedLiberalismDictatorshipFree MarketBrethrenInexorable Book:On reconstructing the social order: (Quadragesimo anno) Source: On reconstructing the social order: (Quadragesimo anno)
“Let’s begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system. This shift minimizes - indeed, deletes - the role of wealth in the economic and social system. And it sheds the adverse connotation going back to Marx. Instead of the owners of capital or their attendants in control, we have the admirably impersonal role of market forces. It would be hard to think of a change in terminology more in the interest of those to whom money accords power. They have now a functional anonymity.” ThinkingHardWould BeForceSocialInterestWealthRolesGoneEconomicFashionCapitalismOwnersShedAccordApprovedAnonymityAdverseSocial SystemsConnotationTerminology Author:John Kenneth Galbraith