Economic Quotations | Page 3

This country needs to get a backbone and stand up for its economic interest.

India's rigid social structure limits intergenerational economic mobility and fosters acceptance of vast wealth disparities.

The legacy of slavery comes from the sustained political, legal and economic effort to link permanently an entire group of people to poverty - and to mystify that systematic disenfranchisement by making up something called race, which could serve as a distraction.

It is incumbent upon each of us to improve spending and savings practices to ensure our own individual financial security and preserve the collective economic well-being of our great society.

We have established a new basis in our country in which economic liberalization would continue to flourish alongside democratic forces and deregulated power structure.

Chile has done a lot to rid itself of poverty, especially extreme poverty, since the return to democracy. But we still have a ways to go toward greater equity. This country does not have a neoliberal economic model anymore. We have put in place a lot of policies that will ensure that economic growth goes hand in hand with social justice.

The bottom line is that the death tax is a tax on the economy because it slows economic growth.

Big businesses aren't the only ones in the economic ecosystem. Nobody should fall behind because of an unfair structure.

As the world's sole remaining super power and economic powerhouses, our nation's ability to be at the forefront of innovation and production has enabled unparalleled economic success of our nation's workforce.

Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.

Accordingly, it is our task to ensure that the Government formulates policies that foster the continued development of the IT sector while also providing for citizens' access to technology and opportunity for economic advancement.

The economic tsunami has hit all airline employees. With the 2001 terror attacks, airline bankruptcies, pension terminations, loss of pay, changes in work rules - we're all working harder and longer than we used to.

The organization of the government itself is something which we ought to examine in a more self-conscious way - the Federal Reserve and the Treasury and the Securities and Exchange Commission. The mission that each of them has is mainly economic but should be informed by good organizational practices.

What you and I understand as a government doesn't exist in many African countries. In fact, what we call our governments are vampire states. Vampires because they suck the economic vitality out of their people. Government is the problem in Africa.

The dominant economic approach of the last thirty years is now on its last legs. Letting the market rip and an indifference to inequality are now seen as important causes of the greatest economic crash since the 1930s.

A lot of things that we cannot buy and sell in markets used to be totally legal objects of market exchange - human beings when we had slavery, child labour, human organs, and so on. So there is no economic theory that actually says that you shouldn't have slavery or child labour because all these are political, ethical judgments.

We live in a culture that's been hijacked by the management consultant ethos. We want everything boiled down to a Power Point slide. We want metrics and 'show me the numbers.' That runs counter to the immensely complex nature of so many social, economic and political problems. You cannot devise an algorithm to fix them.

We have to recognize that the freedom of the individual has to be protected not only from the power of the state, but even more so from economic and societal power.

There is one good thing about Marx: he was not a Keynesian.

Capitalism is not an economic system, but a world-outlook, or rather, a part of a whole world-outlook

Women oftentimes are the ones making those economic decisions, sitting around the kitchen table and trying to figure out how to pay for rising gas prices or food prices or the health insurance costs. And I think that they see where they expect their leaders in Congress to also make those tough decisions.

Class - or the economic status of individuals - is evident in all societies, some very well stratified by a rigid caste system determined by birth.

During the last economic slowdown in the 1990s, the Tories slashed infrastructure investment. I am determined not to make that mistake.

The other salient characteristic of the Declaration is its universality: it applies to all human beings without any discrimination whatever; it also applies to all territories, whatever their economic or political regime.

The explosive growth in places like Shanghai has helped lift hundreds of millions of people out of poverty and into a thriving new middle class. What China has done is nothing short of an economic transformation, and the citizens of this country have every right to be proud.

As we say at Year Up all the time, investing in our young people is not just a matter of economic justice. It's good business sense.

Reducing the tax burden is necessary to produce economic growth.

I think good private equity investors create a lot more economic value than they destroy.

I will work to bring peace to everyone - whatever economic level - as long as you are Haitian.

To understand the Left, one must understand that in its view the greatest evil is material inequality. The Left is more troubled by economic inequality than by evil as humanity has generally understood the term.

Financial inclusion helps lift people out of poverty and can help speed economic development. It can draw more women into the mainstream of economic activity, harnessing their contributions to society.

Research suggests that large divisions of income and wealth weaken demand and generate economic imbalances that create instability and undermine growth.

Sound public finances are the essential foundation on which to construct a better-balanced economy from the wreckage of Labour's boom and bust. But it is economic growth that will create the jobs and the prosperity for the future and enable us to pay down Labour's debt.

I can't imagine an argument that says that raising marginal tax rates on high income people, many of whom are business owners, is a recipe for economic growth.

Furthermore, there is no good ethical or economic reason for asking workmen and current producers to forego all economic gain in order to increase the purchasing power of all the wealth accumulated in past years.

I've spent so many years talking about poverty and economic justice, I'm strongly tempted to get biblical. Jesus' teachings are so radical; they're just insanely generous and apocalyptic. Christians become more fascinated by the dead Jesus. They don't like the living Jesus.

The problem of a rising population destroying more than four tons of soil for every human already alive needs to find its way into corporate board rooms if we are to enjoy future financial, economic and political stability.

America must realize, there are conditions she must accept in Asia. The first is a diversity of Asian cultures, governments, economic and political systems; the second, that to run against the tide of Asian nationalism is worse than impractical - it is also highly dangerous.

To put it bluntly, there isn't one economic theory that can single-handedly explain Singapore's success; its economy combines extreme features of capitalism and socialism. All theories are partial; reality is complex.

My long struggles as a soldier of the Chinese Revolution have forced me to realize the necessity of facing hard facts. There will be neither peace, nor hope, nor future for any of us unless we honestly aim at political, social and economic justice for all peoples of the world, great and small.

In many ways, education is a lousy business. Teachers are not normal economic actors; almost all of them work for less money than they might fetch in some other industry, given their skills and advanced degrees.

Prior to 1940, the affluent and the middle class began to converge, but after 1979, the economic gap between the middle class and affluent widened significantly.

My role in the White House was grossly exaggerated by the press. Fortunately for the American people, when the president had to make a critical economic decision or a decision on a weapons system, he did not turn to me and say, 'Hamilton, what in the hell do I do?'

In order to spur economic growth we need to put the brakes on out of control spending, lower Ohioans tax burden and create a most efficient and effective government.

I don't think we should stop emphasizing race because I think, you know, race is still very, very important, and we have to recognize that and continue to introduce programs to address racial inequities. But we have to widen our vision and also address the growing problems of economic class.

If you are born in 1564, your dislocation from your parents' experience is very profound. You are the first generation who will have had all your religious experience in English, the first to have a countryman circumnavigate the globe. All the power and economic structures of the world are changing around you.

For the developed world, there is a choice to be made: to promote economic policies that despoil indigenous lands or to support cultures and the remaining biological sanctuaries.

With his economic speeches in response to Obama's 'you didn't build that' fiasco, Romney proved that he does have fire in his belly and that he is fervently dedicated to free enterprise, entrepreneurship and pro-growth policies.

I would say that workers in general, and white workers particularly, are correct that their economic wellbeing is deteriorating.

And we will accept the creation of the Iberian Federation of a socialist republic which will give each region the right to construct its life in accordance with its economic possibilities and political preponderance.

In rock stardom there's an absolute economic upside to self-destruction.

Russians aren't perfect. Their politics are messed up, and they keep going through self-defeating economic cycles. But I have a lot of respect for Russia, and a lot of love for Russians.

In terms of economic growth, PIMCO originated the famous phrase the 'new normal.'

It has been shown that, in contrast to everything which classical national economy has hitherto taught, not the producer but the consumer is the ruling factor in economic life

It has been said that arguing against globalization is like arguing against the laws of gravity.

The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth.

How can I convert the enthusiasm of voters into a practical programme of action that meets their desire for economic security and greater prosperity?

Disruption to the flow of oil through the Straits of Hormuz would threaten regional and global economic growth. Any attempt by Iran to close the Straits would be illegal and unsuccessful.

Thus, the questions we should ask here are what makes the current economic upswing different from the past two recoveries, and whether such differences are sufficient for the economy to reach the sustained growth path.

America is living through the third economic revolution and our country doesn't really have a plan on how to deal with it, and when it does - like the president sort of outlined when he first got here - we have a Congress who seem incapable of acting on it.

The most staggering linguistic turnabout for me is the one that equates green economy with 'sustained economic growth.'

Bush is going in the wrong way. And I dare say, that is what the strategy of his administration is, is just to wipe out government's purpose for any social and economic justice at all. And I'm going to take the country in an opposite direction than he's taking it.

The more you participate in our common endeavors, the more successful your work in the factory, mine, wharf or village, in an economic institute or in the arts, in commerce or administration, the sooner we will be where we all want to be.

All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted - the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires - virtually none.

The economic and social problems would tend to become, like the military situation, more and more difficult as time went on and we became more and more isolated.

Often, economists spend their energies squabbling with one another, but arguably the more important contrast is between our broadly liberal economic worldview and the various alternatives - common around the globe - that postulate natural hierarchies of religion, ethnicity, caste and gender, often enforced by law and strict custom.

Most firms are hierarchical in nature, with everyone getting different slices of the economic pie. The problem is those slices are negotiated every time a firm raises a new fund, so in between funds, which is most of the time, the partners are trying to outgun one another to make a stronger case for themselves.

Even before I came to Chicago, I had gotten interested in the existence of dispersion of prices under conditions which economic theory said would yield a single price.

It is economic power that determines political power, and governments become the political functionaries of economic power.

First, I think the science of monetary economics has clearly gotten better.

It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined.

We have to choose between a global market driven only by calculations of short-term profit, and one which has a human face.

If we boost productivity, we can improve economic growth.

The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy.

Advances have fallen, generally, for everything except the biggest potential bestsellers. Given all the changes, both economic and technological, SF hasn't done too badly.

The 1986 tax act is sort of the unsung hero of the very good economic times we had for a long time. Of course, politics gums it all up again and preferences get put in.

I would argue that Asean has been instrumental in driving both economic growth and political development, and that there can be no clearer example than its relations with Myanmar.

Peace in Europe can only come through union in one economic system. The United States of Europe are overdue.

The attainment of the economic aims of man presupposes peace.

In simple terms, I realised that food is the most fundamental need for a person. In difficult economic times, people's priorities change, and they might be willing to do something that secures for them the lowest possible weekly food bill.

I think American interests are served when there are sections of the world that have representative governments, politically open economic systems, and are willing to take a stand against some of the more extreme ideologies that there are around the world.

Physicians today, as human beings, are not exempt from the perverse economic pressures created by fee-for-service regimes to see more patients for shorter appointments and order more tests and procedures. If the incentives were changed to pay to foster better health outcomes, I am convinced physician behavior would change over time.

In the West, the basic economic and social unit is the individual; in Africa, it is the extended family or the collective.

It's interesting that when economic times were the hardest, that's when many people embraced liberalism.

I have a lot of trouble understanding all the detail of finance and administration - but if you combine intellectual and professional capacity with a social conscience, you can change things: countries, structures, economic models, colonial states.

A stable Iraq at peace with its neighbors will remain elusive until we improve both the security and the economic environment in Iraq.

The weak economy, widening income inequality, gridlock in Congress and a presidential election: Those were perhaps the dominant economic and political themes of 2012.

Economic support from the rest of the Arab states to the fledgling Palestinian Authority in the West Bank is virtually non-existent.

Turkey has a young and growing population. Until recently, this was perceived as a problem, a burden that Turkey would bring to the E.U. But it is, in fact, an asset that can help the population deficit of the E.U. and the economic growth of Turkey.

Our job as a government is to start with the great underpinnings of our current economic growth - particularly defence and mining - and build on these.

If you look at America, one of the great strengths of America is its university towns and the way a lot of their businesses and a lot of their innovation and enormous economic growth have come from reducing that gap, getting those universities directly involved in start-up businesses, green field businesses, new development businesses.

The truth about people at every economic level of life is you get those who are kind and who are not, those who are greedy, whether they be rich or poor. That's a common thread through humanity on any street you go to.

From the ashes of a financial crash, there is a chance to create a new economic settlement that is more equal, sustainable and democratic.

I'm against this huge globalisation on the basis of economic advantage.

Got to build that business base and then you can fund all the things people want: education, health care, strong law enforcement, roads, bridges, infrastructure - all those things flow from that economic base.

The economic dimension is very clear. I was at a dinner party, a mother got up, who's a very distinguished scientist, and said she had to get home and help her daughter with her homework. The two waiters, their faces changed. They were working their second jobs, they couldn't get home to help their kids with homework.

Globalization creates economic policies where the transnationals lord over us, and the result is misery and unemployment.

The Internet provides the access to resources, so it's incumbent upon the people who control those resources to make sure that the economic engine stays intact.

Nothing changes the gender equation more significantly than women's economic freedom.

The only function of economic forecasting is to make astrology look respectable.