Quotes About Economy

THE LAST 500 YEARS HAVE WITNESSED A breathtaking series of revolutions. The earth has been united into a single ecological and historical sphere. The economy has grown exponentially, and humankind today enjoys the kind of wealth that used to be the stuff of fairy tales. Science and the Industrial Revolution have given humankind superhuman powers and practically limitless energy. The social order has been completely transformed, as have politics, daily life and human psychology.

because whereas religion asks us to believe in something, money asks us to believe that other people believe in something.

Over the last few years, banks and governments have been frenziedly printing money. Everybody is terrified that the current economic crisis may stop the growth of the economy. So they are creating trillions of dollars, euros and yen out of thin air, pumping cheap credit into the system, and hoping that the scientists, technicians and engineers will manage to come up with something really big,

The first universal order to appear was economic: the monetary order. The second universal order was political: the imperial order. The third universal order was religious: the order of universal religions such as Buddhism, Christianity and Islam.

Obesity is a double victory for consumerism. Instead of eating little, which will lead to economic contraction, people eat too much and then buy diet products –

When kings fail to do their jobs and regulate the markets properly, it leads to loss of trust, dwindling credit and economic depression. That was the lesson taught by the Mississippi Bubble of 1719, and anyone who forgot it was reminded by the US housing bubble of 2007, and the ensuing credit crunch and recession.

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.

Yet to understand modern economic history, you really need to understand just a single word. The word is growth. For better or worse, in sickness and in health, the modern economy has been growing like a hormone-soused teenager. It eats up everything it can find and puts on inches faster than you can count.

The most important economic resource is trust in the future, and this resource is constantly threatened by thieves and charlatans.

I believe the accepted model of capitalism that demands endless growth deserves the blame for the destruction of nature, and it should be displaced. Failing that, I try to work with those companies and help them change the way they think about our resources.

A nation's path to greatness lies in its economic prowess and ... militarism, empire, and aggression lead to a dead end.

We have the leading companies and the leading sectors in the advanced industrial world, we have an incredibly dynamic society, and we have high levels of entrepreneurship. And we have the best universities in the world. ... We also have impeccable credit. What we don't have is a political system that can take the simple measures to deal with our short-term deficit.

America's political institutions and free market economy created unprecedented opportunities for ambitious and iconoclastic inventors, who were not inhibited from pursuing their personal dreams by archaic privileges or rigid social hierarchies. In

monday: empty storehouses a rat became the unit of currency

I've always taught that a poor economy is the best opportunity for salespeople because the naysayers and grumblers have already given up, leaving more territory, more opportunities to be successful than in a good economy when virtually all salespeople are out there, giving it their best.

The political system is not for the people. The people are secondary to the economy. It's about what generates money, not about what benefits the people.

Capitalism has always been a failure for the lower classes. It is now beginning to fail for the middle classes.

This proletarianization of the lower salaried bourgeoisie is accompanied by an excess in the opposite direction: the irrationally high pay of top managers and bankers, a level of remuneration that is economically irrational since, as investigations in the US have demonstrated, it tends to be inversely proportional to the company's success.

I think the most important issue for all of us is our economy and jobs and creating opportunities for young people to be able to get the education that you need to be able to afford to go to college.

The fact is, when it comes to economic leadership, the Republicans have nothing to brag about. This isn't what the American people want. They want to see progress that works for them.

Democrats are going to proudly run on the fact that we turned the economy around. It was our policies under President Obama's leadership through the Recovery Act, through investing in the automobile industry.

Obama seemed poised to realign American politics after his stunning 2008 victory. But the economy remains worse than even the administration's worst-case scenarios, and the long legislative battles over health care reform, financial services reform and the national debt and deficit have taken their toll. Obama no longer looks invincible.

The cry for more education, by the way, is often a despairing excuse for not liberalizing the economy directly and quickly.

The big economic story of our times is not the Great Recession of 2007–2009, unpleasant though it was. Now it's over. The big story is that the Chinese in 1978 and then the Indians in 1991 began to adopt liberal ideas in their economies, and came to welcome creative destruction.