“Roughly two billion people participate in the money economy, with less than half of those living in the wealthy countries of the developed world. These affluent 800 million, however, account for more than 75 percent of the world's energy and resource consumption, and also create the bulk of its industrial, toxic, and consumer waste.” PeopleWorldTwoCountryEnergyHalfMillionsEconomyWastePercentResourcesAccountsBillionsConsumersWealthyToxicConsumptionConsumerismOverconsumptionAffluent Author:Stuart L. Hart
“The money economy thus leaves a large ecological footprint, defined as the amount of land and resources required to meet a typical consumer's needs. For example, with only about 4% of the world's population, the United States, the largest money economy, consumes in excess of one-quarter of the world's energy and materials and generates in excess of 25 percent of the world's greenhouse gas emissions.” WorldNeedsStatesEnergyUnitedUnited StatesEconomyLandExampleMaterialsAmountPercentResourcesPopulationDefinedConsumersGasQuartersExcessConsumerismTypicalEmissionsEcologicalFootprintOverconsumptionGreenhousesGreenhouse GasesEcological Footprints Author:Stuart L. Hart
“Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers.” ThinkingAbleEconomyRight NowLowsPercentSevenRateConsumersPocketsMore MoneyMortgageRefinance Author:Franklin Raines
“While the demand for organic food outstrips supply, we happen to know that 77 percent of consumers don't want genetically engineered crops grown in this country. Consumers can choose whether or not to buy organic produce. Genetically modified ingredients will deny us choice in the long run.” KnowsWantLongCountryHappensRunningChoicesFoodProduceDemandPercentDenyBritishConsumersIngredientsLong RunsCropsOrganic FoodGenetically Modified Author:Prince Charles
“Most people are oblivious to F.A. Hayek's insight that the critical information needed to run an economy - or even 15 percent of one - doesn't exist in any one place where it is accessible to central planners. Instead, it is scattered piecemeal among millions of people. All those people put together are far wiser and better informed than Congress could ever be. Only markets - private property, free exchange and the price system - can put this knowledge at the disposal of entrepreneurs and consumers, ensuring the system will serve the people and not just the political class.” PeopleRunningTogetherPoliticalClassMillionsEconomyInformationNeededPercentEntrepreneurPropertyCongressInsightCriticalConsumersWiserPrivate PropertyObliviousPlannersHayek Author:John Stossel
“Think about it. Women control 70 percent of global consumer spending . . . when women do better, economies do better.” ThinkingEconomyPercentSpendingConsumers Author:Christine Lagarde
“Woo your biggest fans. This rule says concentrate your efforts at understanding on the 2 percent of consumers that personally drive 20 percent of sales and invite their friends and colleagues to enjoy you.” EnjoyUnderstandingEffortFansPercentConsumersInvitesColleaguesBiggest Fan Author:Michael J. Silverstein
“For the workers and their families, being able to bring home a living wage helps their families and, by extension, helps our economy. Seventy percent of our economy is consumer-based. We know that when lower- and middle-class families have money and disposable income, they spend it. That puts money back into the economy. It's a win-win for everybody: Not just for the individual, not just production at a specific company (like Nissan), but for the greater good.” KnowsHelpingHomeAbleWinningIndividualCompanyClassEconomyGreaterMiddlePercentWorkersProductionsIncomeConsumersMiddle ClassExtensionsSeventiesDisposableGreater GoodWin WinLiving WageMiddle Class Family Author:Nina Turner
“Americans pay up to 1,000 percent more to fill their prescriptions than consumers in other countries - that is an alarming statistic.” CountryPayPercentConsumersStatisticsOther CountriesPrescriptions Author:Ken Salazar
“We believe that within five years, 96 percent of British consumers will have access to the Internet, whether it be through a personal computer, a set-top box or a mobile phone.” YearsBelieveFiveInternetComputerPercentPhonesBoxesBritishAccessConsumersFive YearsMobileMobile PhonesPersonal Computers Author:Richard Branson