“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
“Fifty years ago, great schools like the University of California and the City University of New York - as well as many state colleges - were tuition free. Today college is unaffordable for many working class families. For the sake of our economy and millions of Americans, we must make higher education more affordable.” YearsWellsStatesTodaySchoolCitiesClassMillionsEconomyNew YorkCollegeHigherYears AgoUniversitySakeCaliforniaFiftyWorking ClassAffordableHigher EducationTuitionGreat Schools Author:Bernie Sanders
“In China the largest denomination bill they have is 100 yen, and that's maybe $7. So here you have a whole economy working with only a $7 note as the largest denomination. The euro wants to get rid of the 500-euro bill just as the United States years ago got rid of the $1,000 bill because only the criminals used $1,000 bills.” WantYearsStatesWholeUsedUnitedUnited StatesEconomyYears AgoBillsNotesChinaCriminalsEuroDenominations Author:Michael Hudson
“It is very difficult to enter a single currency zone having fairly weak economic parameters and maintain a favourable state of the economy, not to mention positive growth rates. We have witnessed it not only in Europe, but for example in Argentina (nearly 10 years ago or more), when they tied the national currency to the dollar and later they did not know what to do about it.” KnowsYearsStatesDifficultGrowthEconomyEconomicExampleEuropeYears AgoWeakDollarsRateZoneTiedCurrencyArgentinaParameters Author:Vladimir Putin
“I am so proud to be running with another strong history-making woman, Hillary Clinton, to be president of the United States. I'm proud because her vision of stronger together, building an economy that works for all, not just those at the top, being safe in the world, not only with a strong military, but also strong alliances to battle terrorism and climate change, and also to build a community of respect, just like Barbara Johns tried to do 65 years ago. That's why I'm so proud to be her running mate.” WorldYearsStatesRunningTogetherStrongPresidentCommunityUnitedVisionUnited StatesEconomyMilitaryBuildingProudBattleSafeYears AgoStrongerClintonClimateClimate ChangeTerrorismMatesAlliancesBarbaraStronger TogetherHistory Making Author:Tim Kaine
“I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.” YearsBelieveEconomyAmountYears AgoRelativeReservesEmergingForeign ExchangeEmerging Economies Author:Jamie Dimon
“The Trump voter isn't just an ignorant white guy in the South that if he were more educated would vote differently. The Trump voter is also someone who is dealing with an entirely new economy that his father, grandfather or grandmother didn't have to face 30, 40, 50, 60 years ago.” IfsYearsFacesGuyFatherWhiteEconomyTrumpYears AgoVoteSouthIgnorantEducatedGrandmotherVotersGrandfatherWhite Guys Author:Marc Lamont Hill
“I think people are much more concerned about money now. There aren't the big advances of the past. You feel the sense of nervousness about the book industry. It's not like before. Not that I knew very much about what it was like because I was a newcomer to it, but I get that feeling that people are more conservative in their book choices and what they are going to publish and what's a sure sell. As opposed to - just like in the economy - a sense of luxury and sense of risk taking ten years ago.” PeopleThinkingFeelsYearsBookFeelingsBigsPastChoicesEconomyRiskIndustryTenConcernedYears AgoSellsConservativeLuxuryPublishRisk-takingNervousnessNewcomers Author:Sandra Cisneros
“Tonight, we gather to affirm the greatness of our nation - not because of the height of our skyscrapers, or the power of our military, or the size of our economy. Our pride is based on a very simple premise, summed up in a declaration made over two hundred years ago.” YearsMadeTwoNationsSimpleEconomyMilitaryGreatnessPrideHundredYears AgoSizeHeightTonightPatrioticDeclarationPremisesSkyscraper Author:Barack Obama
“Three years ago, this week, a newly elected President Obama faced the American people and he said, look, if I can't turn this economy around in three years, I'll be looking at a one-term proposition, and we're here to collect! You know the results. It's been 35 months of unemployment above 8 percent.” PeopleIfsKnowsYearsLooksSaidI CanTurnsThreePresidentTermResultsEconomyWeekMonthsPercentYears AgoPresident ObamaThree YearsUnemploymentPropositions Author:Mitt Romney
“If I existed 200 years ago, all the other farmers in my community would be like, 'That guy is worthless! He's sitting on a rock, jumping up like a frog, coming up with weird concepts and ideas, making faces, and combing his hair into a giant pastry.' It's a good thing I was born in this century, when superfluous television seems to be part of the economy.” IfsYearsIdeasSeemsWould BeFacesGuyBornCommunityEconomyRocksCenturyTelevisionHairSittingConceptsYears AgoGood ThingsGiantsFarmersWorthlessJumpingThat GuyFrogsSuperfluousPastries Author:Conan O'Brien
“Entrepreneurship rests on a theory of economy and society. The theory sees change as normal and indeed as healthy. And it sees the major task in society – and especially in the economy – as doing something different rather than doing better what is already being done. This is basically what Say, two hundred years ago, meant when he coined the term entrepreneur.” YearsTwoDifferentDoneTermEconomyCreativeTheoryHealthyNormalMajorsHundredYears AgoTasksDestructionEntrepreneurEntrepreneurshipUpsetDeclarationDissentBeing DoneManifestosCreative Destruction Author:Peter Drucker
“Five years ago, we thought of the Web as a new medium, not a new economy.” YearsTechnologyEconomyFiveInternetYears AgoMediumsFive Years Author:Clement Mok