Quotes About Economy

One speaks with great respect of economists, if only because they represent such a variety of opinions.

The market economy as such does not respect political frontiers. Its field is the world.

We are well on our way to becoming a banana republic in every respect except, of course, that we don't grow bananas.

I don't think anyone can speculate what will happen with respect to oil prices and gas prices because they are set on the global economy.

Only the smaller fish pay for the goverment's face-lift. The big ones - they just become bigger and fatter.

The removal of the physical constraints on effective information production has made human creativity and the economics of information itself the core structuring facts in the new networked information economy.

Countries have lost their culture because what they wanted was money. Money became the running theme in every country and culture was sacrificed.

THE NEED FOR ENTREPRENEURSHIP Youth unemployment has become an urgent challenge facing the global society. In 2011, nearly 75 million youth aged 15 to 24 were unemployed worldwide. The majority of the world's youth (87%) living in developing countries "are often underemployed and working in the informal economy under poor conditions," according to the 2012 The World Youth Report of the United Nations (United

Thus for those in developed countries to be globally competitive, they must offer something qualitatively different, that is, something that cannot be obtained at a lower cost in developing countries.

También esto forma parte de la terapia psicoanalítica, ajustando la mente con la economía.

Money is the most universal and most efficient system of mutual trust ever devised.

In the heyday of European imperialism, conquistadors and merchants bought entire islands and countries in exchange for coloured beads. In the twenty-first century our personal data is probably the most valuable resource most humans still have to offer, and we are giving it to the tech giants in exchange for email services and funny cat videos.

People who do not believe in the same god or obey the same king are more than willing to use the same money.

The Russian, Chinese, and Cuban revolutions were made by people who were vital to the economy but who lacked political power; in 2016, Trump and Brexit were supported by many people who still enjoyed political power but who feared that they were losing their economic worth.

If the economy doesn't grow, and the pie therefore remains the same size, you can give more to the poor only by taking something from the rich. That will force you to make some very hard choices, and will probably cause a lot of resentment and even violence. If you wish to avoid hard choices, resentment and violence, you need a bigger pie. […] Economic growth has thus become the crucial juncture where almost all modern religions, ideologies and movements meet.

In 1775 Asia accounted for 80 per cent of the world economy. The combined economies of India and China alone represented two-thirds of global production. In comparison, Europe was an economic dwarf.3

governments could subsidize universal basic services rather than income.

with the rise of AI, robots, and 3-D printers, cheap unskilled labor will become far less important

today a country's credit rating is far more important to its economic well-being than are its natural resources.

What do you do when nobody needs your cheap unskilled laborers and you don't have the resources to build a good education system and teach them new skills?

The modern capitalist economy must constantly increase production if it is to survive, like a shark that must swim or suffocate

The fact is, it's not a deception, but rather a tribute to the amazing abilities of the human imagination. What enables banks – and the entire economy – to survive and flourish is our trust in the future. This trust is the sole backing for most of the money in the world.

We might actually get the worst of both worlds, suffering simultaneously from high unemployment and a shortage of skilled labor.

We need a new global identity because national institutions are incapable of handling a set of unprecedented global predicaments. We now have a global ecology, a global economy, and a global science—but we are still stuck with only national politics.