Quotes About Economy

In all the different employments of stock, the ordinary rate of profit varies more or less with the certainty or uncertainty of the returns.

In every improved society, the farmer is generally nothing but a farmer; the manufacturer, nothing but a manufacturer. The labour, too, which is necessary to produce any one complete manufacture is almost always divided among a great number of hands. How many different trades are employed in each branch of the linen and woollen manufactures from the growers of the flax and the wool, to the bleachers and smoothers of the linen, or to the dyers and dressers of the cloth!

commerce in Europe, as well as a

This impossibility of making so complete and entire a separation of all the different branches of labour employed in agriculture, is perhaps the reason why the improvement of the productive powers of labour, in this art, does not always keep pace with their improvement in manufactures.

Such general complaints of the scarcity of money do not always prove that the usual number of gold and silver pieces are not circulating in the country, but that many people want those pieces who have nothing to give for them.

Even such general complaints of the scarcity of money do not always prove that the usual number of gold and silver pieces are not circulating in the country, but that many people want those pieces who have nothing to give for them.

In the present season of scarcity, the high price of corn no doubt distresses the poor. But in times of moderate plenty, when corn is at its ordinary or average price, the natural rise in the price of any other sort of rude produce cannot much affect them. They suffer more, perhaps, by the artificial rise which has been occasioned by taxes in the price of some manufactured commodities, as of salt, soap, leather, candles, malt, beer, ale, etc.

Free circulation of labour is the foundation of any free trade system.

Differences of age or of race may set up postitions of manufactured superiority: the manual worker from Germany flies to Thailand and because of the historical advantage of his economy and exchange rate, feels and behaves like a millionaire. The plodding Englishman arrives in a small North American town and, simply on account of his exotic accent, may be welcomed as charmingly original and sophisticated.

one ATM could do the work of no fewer than thirty-seven human tellers (and, into the bargain, rarely fell ill). In the United States, about half of all those employed in retail banking—some 500,000 people—lost their jobs between 1980 and 1995, thanks in large part to the invention of these silkily efficient machines.

Unemployment in America became, almost overnight, a thing of the past as the Federal government pumped billions of dollars into defense.

It follows that there are two ways to increase your profitability: Either reduce your costs or increase your revenues. In the old economy, reducing your costs worked best. In the new economy, increasing your revenue works much, much better.

It's cheaper to put an entire microprocessor in your car key, microwave, or cell phone than it is to put in discrete chips and electronic components. Thus, a new technical economy drives the design of the product.

By one estimate, U.S. output per worker hour was double Germany's and five times Japan's.

Murder, other than in the most strict forensic sense, is never soluble. That dark human clot can never melt into a lucid, clear suspension. Our detective fiction tells us otherwise: everything is just meat and cold ballistics. Provide a murderer, a motive and a means, and you have solved the crime. Using this method, the solution to the Second World War is as follows: Hitler. The German economy. Tanks. Thus, for convenience, we reduce the complex events.

Evening work is economical. Power comes most cheaply by night.

They say that higher wages will cause the mines to close down. Then what is it worth, this mining industry? And why should it be kept alive, if it is only our poverty that keeps it alive? They say it makes the country rich, but what do we see of these riches? Is it we that must be kept poor so that others may stay rich?

The global industrial economy is the engine for massive environmental degradation and massive human (and nonhuman) impoverishment.

Food exemplifies the difficulty of withdrawing from the modern economy, because you can't live without it and because not many people produce all of their own. And if its uncommon for a modern person to be food self-reliant, it is almost unheard of for a community to supply all of its own food.

The industrial economy is based on systematic theft from land bases, and the conversion of these living communities into dead products. That's what an industrial economy is. The economy does not create value for the real world: It destroys the real world.

Surely by now there can be few here who still believe the purpose of government is to protect us from the destructive activities of corporations. At last most of us must understand that the opposite is true: that the primary purpose of government is to protect those who run the economy from the outrage of injured citizens.

Premise Eight: The needs of the natural world are more important than the needs of the economic system.

Universal education is not only a moral imperative but an economic necessity, to pave the way toward making many more nations self-sufficient and self-sustaining.

El retroceso que sufrirá América Latina en sus condiciones de desarrollo, a situaciones existentes en décadas anteriores, es muy preocupante.