Economic Quotations

Later in that administration, I was asked to take a job which I had to turn down as Assistant Secretary of State for Economic Affairs because we were just then putting together the merger of two small law firms that became this law firm. I couldn't leave them at that point.

We have mistaken the nature of poverty, and thought it was economic poverty. No, it is poverty of soul, deprivation of God's recreating, loving peace.

But only 'rich' people by definition have the 'extra' money to buy things and invest to create economic growth. Do we really want to tax that 'extra' money away - and give it to the government to spend? Does that make any economic sense outside of politics and our emotional desire to make everyone suffer equally through these tough times?

As a costume designer, I first try to figure out what the character's economic situation is and hit the stores they'd shop.

We need to continue our full support of the nascent Iraqi government by helping to rebuild their economic infrastructure and maintain security while training the Iraqi security forces.

For countries such as Kenya to emerge as economic powerhouses, they need better infrastructure: roads, ports, smart grids and power plants. Infrastructure is expensive, and takes a long time to build. In the meantime, hackers are building 'grassroots infrastructure,' using the mobile-phone system to build solutions that are ready for market.

Deficits. Most people of knowledge say it's the biggest single problem facing the economic free world.

Saving our planet, lifting people out of poverty, advancing economic growth... these are one and the same fight. We must connect the dots between climate change, water scarcity, energy shortages, global health, food security and women's empowerment. Solutions to one problem must be solutions for all.

The fact that we're going through a crisis is an opportunity for Europe to be more coordinated and more integrated. We're actually talking about a European Monetary Fund or euro bonds, about guarantees for countries, about economic governance in the European Union. That shows the strength of Europe.

The American people need to know that there are folks here fighting as hard as they can for individual liberty, economic freedom, appropriate national security and the fundamental moral values that have made our nation the greatest nation in the history of mankind.

We've seen over time that countries that have the best economic growth are those that have good governance, and good governance comes from freedom of communication. It comes from ending corruption. It comes from a populace that can go online and say, 'This politician is corrupt, this administrator, or this public official is corrupt.'

I have always thought that the rapid economic development of South Africa would in the long run prove to be incompatible with the government's racial policies, and recent events have tended to confirm my opinion.

Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.

With the sole exception of President Bill Clinton, whose 'bridge to the 21st century' evoked the vision and optimism of other great Democratic presidents of the 20th century, such as FDR and John F. Kennedy, pessimism about America's economic future has been the hallmark of modern progressivism.

Another example of that was that even during the economic problems of the 1945 government, we managed to carry out other aspects of our policy and other ideals. Through the establishment of national parks, for instance.

If the machinery for distribution in the present economic system of the world is incapable of properly distributing the productive wealth of nations, then that system is false and must be altered.

In embracing change, entrepreneurs ensure social and economic stability.

In order to consolidate the euro we need to harmonise our economic, fiscal and social policies, hence we are going toward greater integration.

Municipal networks expand economic opportunities. We've got to open new doors, not slam them shut.

It's not enough to have economic growth. You have to distribute wealth throughout all of society.

Culture makes people understand each other better. And if they understand each other better in their soul, it is easier to overcome the economic and political barriers. But first they have to understand that their neighbour is, in the end, just like them, with the same problems, the same questions.

We couldn't be making as much money, if we had to deal with stranger behaviour. And right now, anybody who slows down our economic productivity, off they go. We have a place for them, the psychiatric institution. That's the main thing, they slow things down.

To me, feminism is such a simple description: it's equal rights, economic rights, political rights, and social rights.

Austerity policy without currency devaluation can only hamper economic growth.

The economic and social decline of Zimbabwe is shocking and appalling. Life there is unrecognisable from that of the recent past. Each day is a struggle for basic survival.

Farmers the world over, in dealing with costs, returns and risks, are calculating economic agents. Within their small, individual, allocative domain, they are fine-tuning entrepreneurs, tuning so subtly that many experts fail to recognize how efficient they are.

Driving with one foot on the accelerator and the other on the brake is likely to get you nowhere, but certainly will burn out vital parts of your car. Similarly, cutting taxes on the middle class, but increasing them on the 'rich' is likely to result in an economic burnout.

I'm really interested in how you create a whole new economy of recycling. It's literally the 'underground economy.' All this stuff that on the surface creates growth and profit, ends up with waste, junk, and CO2. So how do you make it economic to bring new players into the ball game?

The hometown economic elite - rich local families or individuals whom people used to praise or revile, read about in the society pages, and gossip about incessantly - disappeared from most American cities decades ago.

Our economic freedom is founded on individual property rights; government should never be permitted to take those away.

Globalization has produced a new of level of interdependence among us. The economy and multinational supply chains do not abide by political boundaries. A computer ordered in Brazil is designed in California and assembled in several other countries. Economic integration was the first strong evidence of a new era.

Tim Berners-Lee, the 44-year-old English physicist who created the World Wide Web, is precisely the kind of hero that a relatively simple invention with profound social and economic consequences should lay claim to. He is not just creative but democratic, diplomatic, polite and generous with credit and praise.

We're facing a natural disaster in the middle of an economic disaster. The federal government has to balance its budget the way our families do.

For the future world-trading regime to mirror economic reality and to allow the use of modern business strategies, we need a single overarching multilateral framework for trade. We can have either a flat world or a patchwork of crisscrossing mountain ranges and tunnels.

Remember, 'governance' is a big word that includes human rights, freedom of speech, economic transactions on a worldwide basis - it touches everything. It's everywhere, and that's why Internet governance is Topic A in many corners.

Outsourcing was the bogeyman of the '90s. Protectionists portrayed it as an evil that would take American jobs away. Yes, some jobs did go offshore as people feared, but it made the global economic pie grow bigger.

We know that a smarter Australia means a stronger Australia. An Australia able to grasp the opportunities of the Asian Century. A skilled workforce and a strong, productive and resilient economy. We know we'll only win the economic race in the Asian Century if we win the education race.

Mining asteroids is a well-oiled trope of science-fiction. But someday, actually doing it will make economic sense. Many of the essential metals of our society, such as platinum, copper and zinc, are rapidly becoming scarce. The asteroids might offer a replacement supply, providing the materials our descendants will need for a high quality life.

The 1930s had been a time of tremendous economic distress. And the unemployment rate was enormously high by any historic standard.

I had become interested in economics, an interest that was transformed into a lifetime dedication when I met with the mathematical theory of general economic equilibrium.

My parents emigrated from Poland in 1924 with my brother, who was a few months old. They were from a simple family of Polish Jews. They were looking, I suppose, for a better economic life and were escaping from an anti-Semitic environment.

Under capitalism each individual engages in economic planning.

Here's the problem if you keep raising tax rates: You slow down economic growth.

The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones.

Economic development is what's going to make mountaintop removal palatable.

We need to put in place an economic system of governance for the euro-zone.

When the euro was born, it was born in the wrong economic circumstances.

Good economic policy requires not so much the bravado to implement drastic change as the strength and wisdom to make reasonable trade-offs over the many years it takes to transform a country's standard of living.

We complain of the increased tempo of our lives, but our frenetic lives are just reflection of the economic system that we have created.

It never occurred to me that we would have as grandiose a program as the Marshall Plan, but I felt that we had to do something to save Europe from economic disaster which would encourage the Communist takeover.

The bond between the United States and Britain has always been strong. It has survived through war and peace, periods of prosperity and economic hardship.

To fulfill the promise of economic opportunity, we must remain true to the principle that collective bargaining is a cornerstone of a free society and indispensable to a strong middle class.

As prime minister, I was able often to meet people, to try to understand their needs and the country's economic situation - but it wasn't as if I was planning or ever expected to become president, so I wasn't thinking back then of what I would do if I was in this position, I was just trying to understand the problems and challenges.

From the early 1960s to the mid-1980s - the era of military dictatorship when South Korea was rebuilding itself from a postwar economic basket case to a humming, modern nation - military schools were the track of choice for ambitious young men.

But, we have had the debate in our country now for a number of years as to whether or not free trade agreements are good for economic growth and economic opportunity in creating jobs and lifting people out of poverty.

Those of us who lived under communism for most of our lives were looking toward the Western world because of its values, emphasis on democracy, individual liberties and freedom, and economic prosperity.

Margaret Thatcher was fearful of German unification because she believed that this would bring an immediate and formidable increase of economic strength to a Germany which was already the strongest economic partner in Europe.

The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development.

In the mid-'60s in Berkeley, the theory of measure spaces of economic agents became one of my main interests.

We have in-depth knowledge about Chinese industries. We know what's driving the country's economic growth.

While many hackers have the knowledge, skills, and tools to attack computer systems, they generally lack the motivation to cause violence or severe economic or social harm.

Global poverty is a complex web of interlinked problems. There is no one 'silver bullet' that will solve global inequality. Multiple contributing factors must be tackled in parallel. Yes, education alone is unlikely to lead to employment without economic reform to address the demand side in much of the developing world.

What we need is more money back in the hands of Americans of any economic standing and so raising taxes right now doesnt make sense.

The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.

The Bahamas is headed for unprecedented economic activity.

Continuing economic growth requires both recruitment of new companies and expansion of existing businesses.

A rational model of software is to design it quickly - the economic pressure to improvise presents an interesting challenge.

Each of us has a natural right, from God, to defend his person, his liberty, and his property.

Indebted countries can only grow out of their debt troubles through strong economic growth; austerity measures alone cannot work. It is imperative to engage in deep structural reform to spur growth.

I do not support raising the minimum wage, and the reason is as follows. When the minimum wage is raised, workers are priced out of the market. That is the economic reality that seems, at least so far, to be missing from this discussion.

There's good economic progress in Malaysia. People have a lot to look forward to.

Maybe I'm less sensitive to these issues because I see that what people need first is economic security, and only when they have that can they afford to focus on human rights.

My life has changed in many ways, both on an economic and personal level. All major league players are accorded the respect they deserve. In Cuba, it was not that way. National team players were not respected. The treatment was not adequate.

While we face economic obstacles that challenge every decision made in Washington, decisions made merely for political gain must stop. It's time to restore civility in Congress. It's time for action where action is needed - all politics aside.

Here at home, President Obama early on made the connection between growth and economic opportunity for women. In the depths of our crisis in 2009, one of the first laws the president signed was the Lilly Ledbetter Fair Pay Act. He established an Equal Pay Task Force led by Valerie Jarrett to help women get paid what they earn.

In an economy where more and more value is in information - is in the bits, not the atoms, where bits can be copied essentially for free - any time you have that situation, economic schemes that rely on existing models of intellectual property laws for protection are going to do less and less well.

Laura Bush is the same way. I mean, they both, um, understand, they understand the challenges of the moment and understand the responsibilities, he understands the responsibilities he has to protect the national security of America as well as the economic security of America.

From this process has emerged a parallel process of translating traditional working and living values into a new political and economic power - a power increasingly based upon the strength of money and those material things money can purchase.

The reason I do this job is because I started to be a painter. Making money in art was difficult. The easiest way to make money was to use art for some other reason. One of the easiest and most interesting from an economic point of view was fashion. Fashion pays.

There seem to be many causes of depression. One cause is profound loss, grief. Economic hardship we know is linked to depression. We don't have a full picture.

Washington politicians think that government can make better decisions than you and me. But we know better. We know it's smaller, less intrusive government that will lead to real economic prosperity. We know it's business-friendly policies, not more red tape, that will create real growth.

I will revive the legend of the economic miracle, making the country a place where people have no worry about living and young people merrily go to work.

The New Deal was going to redistribute the national income according to ideals of social and economic justice.

That economic decisions are made without certain knowledge of the consequences is pretty self-evident. But, although many economists were aware of this elementary fact, there was no systematic analysis of economic uncertainty until about 1950.

Progressive economic policies lead to a sustainable economy.

My sense is that economic anxiety means electoral volatility.

Our financial services and insurance cluster is one of Delaware's key economic drivers in the state.

The economic impact of illegal immigration on taxpayers is catastrophic.

After all, despite the economic advantage to firms that employed child labor, it was in the social interest, as a national policy, to abolish it - removing that advantage for all firms.

All too often miners, and indeed other trade unionists, underestimate the economic strength they have.

In economic terms, we've always thought of work as a disutility - as something you do to get something else. Now it's increasingly a utility - something that's valuable and worthy in its own right.

For women who have children, the economic difficulty of sustaining a life as an artist maybe makes it impossible. There's no maternity leave, there's no pension.

Economic development and poverty alleviation are so complicated that I don't think there's a single background or a single discipline that is sufficient to tackle these great human problems.

To have internal peace and stability and economic development, it is important to have good relations with the political parties that we have in our country. That is why we have had engagement with Daw Aung San Suu Kyi.

If people can keep track of all the celebrity gossip, there's no reason we can't also assimilate the key concepts of economic philosophy.

More than ever, a college diploma unlocks economic opportunity, provides students with a wealth of new skills and knowledge, and encourages innovation and growth. But more than ever, it also comes with a mountain of student loan debt.

Revolution is about the need to re-evolve political, economic and social justice and power back into the hands of the people, preferably through legislation and policies that make human sense. That's what revolution is about. Revolution is not about shootouts.

My co-winners, Peter Diamond and Christopher Pissarides, and I wish to thank the Royal Swedish Academy of Sciences and the Nobel Foundation for this very great honor. We each feel privileged and humbled to be named the winners of the 2010 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

There were three causes that accounted for the proclamation of martial law in Poland. First it was the progressing economic ruin of the country. Second, it was the decomposition of the functioning of the state. And third, a threat of a civil war.

Lawmakers have good reason to want a healthy broadcast industry. Broadcast TV stations provide more than 186,000 jobs on an annual basis, which directly generate more than $30 billion in economic activity.