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Politics Quotes

“We know that the only alternative to private competition is government monopoly of enterprise. We know that when government monopolizes production, distribution, and employment, it is no longer the servant of men - it is their master. And, therefore, we know that economic liberty and political liberty are inseparable parts of the same ball of wax - that we must keep them both, or we shall lose them both.”

“Capital, and the question of who owns it and therefore reaps the benefit of its productiveness, is an extremely important issue that is complementary to the issue of full employment... I see these as twin pillars of our economy: Full employment of our labor resources and widespread ownership of our capital resources. Such twin pillars would go a long way in providing a firm underlying support for future economic growth that would be equitably shared.”

“We are overdone with banking institutions, which have banished the precious metals, and substituted a more fluctuating and unsafe medium... These have withdrawn capital from useful improvements and employments to nourish idleness... These are evils more easily to be deplored than remedied.”

Wisdom Evil Politics Economy Institutions Improvement Mediums Employment Liberalism Metals Banking Idleness Unsafe Precious Metal

Book:The Writings of Thomas Jefferson: Correspondence, cont

Source: The Writings of Thomas Jefferson: Correspondence, cont

“Full employment is a socially hazardous goal. In effect, it aspires to restore through political expedients the pre-industrial state of toil that science, engineering, technology and modern management are pledged to overcome.”

States Wisdom Political Politics Goal Technology Economy Modern Effects Overcoming Management Employment Liberalism Engineering Aspire Toil

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

“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 owners of labor, on the other hand, are being taught, by the most powerful and well-publicized examples, that the highest rewards are not for production, but for the employment of organized power to take over a share of what others produce.”

Source: The New Capitalists: A Proposal to Free Economic Growth from the Slavery of Savings

“... giving tax incentives for more labor ownership of company stock will do more to create jobs and increase productivity than all the "emergency full employment" bills proposed.”

Giving Wisdom Jobs Politics Company Economy Taxes Labor Increase Bills Productivity Employment Liberalism Ownership Emergencies Incentives

Author:Jack Kemp

“We must adopt reforms which will expand the range of opportunities for all Americans. We can fulfill the American dream only when each person has a fair chance to fulfill his own dreams. This means equal voting rights, equal employment opportunity and new opportunities for expanded ownership, because in order to be secure in their human rights, people need access to property rights.”

Source: Public Papers of the Presidents of the United States: Richard M. Nixon, 1970

“It may seem strange, but Congress has never developed a set of goals for guiding Federal Reserve policy. In founding the System, Congress spoke about the country's need for "an elastic currency." Since then, Congress has passed the Full Employment Act, declaring its general intention to promote "maximum employment, production, and purchasing power." But it has never directly counseled the Federal Reserve.”

“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