Quotes About Economics

Globalization obviously has the potential to be good. That doesn't mean it's good for everybody. There's a very large number of people in India and China who benefited directly from globalization, but it doesn't mean everybody in America benefits from globalization.

When the government mandates that everyone must buy a product, its sellers can, and will, increase its price, potentially without limit.

If you are a rich person straining every sinew to keep every last pound in your pocket, there comes a point when you realize you are not just escaping the clutches of the Chancellor of the Exchequer. You are passing a greater burden on to people poorer than yourself, and depriving even poorer people of your support.

You just can't keep pouring money down an endless hole and never recoup any of it. It's got to be a business.

You alleviate poverty by trickle-down economics.

This globalization is lifting up hundreds of millions of people out of poverty. The Left needs to see that.

Affluence creates poverty.

Poverty is not a lack of character. Poverty is a lack of cash.

I am bullish on the global development. I am bullish on billions of people getting out of poverty.

If the Planning Commission said those who live above Rs 5,000 a month are not at poverty line, obviously there is something wrong with the definition of poverty in this country. How can anybody live at Rs 5,000?

Appalachia, my state, eastern Kentucky, has a large amount of poverty.

Capitalism has destroyed our belief in any effective power but that of self interest backed by force.

At a time when the cost of health care is skyrocketing, the potential economic impact of mind/body medicine is considerable.

What I'm asking for is a new economic order. I don't know how to construct that; I'm not an economist.

There's a difference between what people will consume and what they will pay for.

We believe used games aren't in the consumer's best interest.

Free is a difficult model to get to work right. But it's better for consumers.

I think that the use of copyright is going to change dramatically. Part of it is economics. There is just going to be so much content out there - there's a scarcity of attention. Information consumes attention, and there's too much information.

I do think corporations should pay their tax.

It's an awful thing to be aware of your own corruption. I think a lot of people are bound by the particular economic system we work in to serve companies and masters who aren't really telling people what they're doing.

I would borrow money all day long, if the cost of borrowing is less than the expected return.

I think in just about any business the low cost competitor is always going to have an advantage.

It doesn't do Costco any good if nobody can afford to buy anything.

When we talk about books, we rarely talk about the economic side of writing, especially of writing literary works, and that, at base, it's a pretty costly enterprise.