Quotes About Economy

Superiority to fate Is difficult to learn. 'Tis not conferred by any, But possible to earn A pittance at a time, Until, to her surprise, The soul with strict economy Subsists till Paradise.

In modern capitalism economic exploitation rather than political oppression is the real enemy of the people.

Dumnezeu e zgarcit. -Sa zicem ca face economie. Ii cunoaste bine pe oameni, de vreme ce el i-a facut. Stie ca cei mai multi nu gandesc, ci se multumesc sa mearga cu turma. Din pricina ca nu cugeta, rumega si tot rumega. Turma e guvernata de instinctul gregar.

Early in life, Lincoln decided that he did not want to live like his father, who in his son's eyes exemplified the values of the pre-market world where people remained content with a subsistence lifestyle. From age twenty-one, Lincoln lived in towns and cities and evinced no interest in returning to the farm or to manual labor. He held jobs—storekeeper, lawyer, and surveyor—essential to the market economy.

Our problem is not to trace the emergence of a world market, of a sufficiently active class of private entrepreneurs, or even (in England) of a state dedicated to the proposition that the maximization of private profit was the foundation of government policy...By the 1780s we can take the existence of all these for granted...

With the coming of automation it may eventually be possible for a ruling intelligentsia to operate a country's economy without the aid of the masses, and it is legitimate to speculate on what the intellectual may be tempted to do with the masses once they become superfluous.

Spending time in a market-driven social setting—even a relatively inexpensive fast-food restaurant or pastry shop—requires paying for the privilege.

Today approximately three-quarters of all $100 bills circulate outside the United States.

national competitive advantage

the rapid increase of wealth permitted the wives of prosperous men to withdraw from productive activity.

It is hard to escape the general conclusion that economic performance, social opportunity and political voice are deeply interrelated.

The big question about the American depression is not whether war with Germany and Japan ended it. It is why the Depression lasted until that war. From 1929 to 1940, from Hoover to Roosevelt, government intervention helped to make the Depression Great.

But the deepest problem was the intervention, the lack of faith in the marketplace. Government management of the late 1920s and 1930s hurt the economy.

The New Yorker magazine's cartoons of the plump, terrified Wall Streeter were accurate; business was terrified of the president. But the cartoons did not depict the consequences of that intimidation: that businesses decided to wait Roosevelt out, hold on to their cash, and invest in future years.

The markets make a good servant but a bad master, and a worse religion.

A government, for protecting business only, is but a carcass, and soon falls by its own corruption and decay.

Understanding where your food comes from, trying to bolster local farmers and local economies and having a better connection to the food around you and the people around you, only good can come of that. I love to be involved with things like that.

Today, by contrast, data has become much more essential for power—whether it's the market power of firms, the domestic political power of governments, or the military power of nations. Nearly two-thirds of today's global economy is based on intangible services,33 not tangible goods, and some experts estimate that up to 40 percent of the world's jobs could be automated in the next fifteen to twenty-five years.

In 2018 cyber theft cost an estimated $600 billion globally. That's about as much as the global illicit drug trade.65 If cybercrime were a country, it would rank in the top twenty-five in terms of annual GDP.

When Coca-Cola made its ill-fated switch to New Coke, the Wall Street Journal reported that the economy of Madagascar nearly collapsed because of the sudden drop in demand for vanilla.

Don't trust two; your ex and the market

le laissez-faire va être une chose du passé

The market doesn't sleep.

The market is not too old for the government to be a crutch .