Quotes About Economy

Learning the core curriculum cannot come through coercion. It must come through a recognition of the need to integrate with economic life.

Unnecessary spending makes another man rich and another man poor.

Transparency was a guardian of frugality, just as confusion had been a handmaiden of extravagance.

You want a culture where citizens are free to express themselves and so live in the openness necessary to the functioning of a successful economy? Israel has a free press, much of it openly hostile to the parties in power.

By the time Obama came into office, Washington had already agreed over a period of a few weeks to a $700 billion government infusion into the world banking system. Nothing of the sort had ever been done before, and it was done spit spot with very little national debate.

The thing is, Obama is right that it would be a calamity for the government to default on its debt by not meeting its obligations. Such a thing has never happened and can't be allowed to happen.

let the Dow Jones plunge and markets all over the world also plummet. Some economists have advocated the decoupling of economies, but the crash in global markets, preceded by the financial crisis in the United States, is a stark reminder of the inter-dependence of the nations of the world, increasing ever since the first true decoupling occurred when God scattered the residents of the original Babylon and formed the nations.

It has been accurately said that if America's economy sneezes, the world catches a cold.

Today, Israel has no producing oil wells.

Through America's ports and harbors flow billions of dollars of products made by others, and sold in America for consumption by Americans. In 2007 the trade deficit was $712 Billion dollars. That's almost three-quarters of a Trillion dollars. Of the total U.S. international waterborne trade, the United States imports approximately 76 percent of value of its total trade, and exports 24 percent.

Since the total amount of imported goods flowing onto our shores is over a Trillion dollars, we can understand why the world will be shaken to its core when the world's largest buyer of its goods is no longer buying.

The Economy: "Given the unbridled right to create money, government will do so and eventually cause the destruction of the entire system.

Banks: "We should anticipate that at any point in time our U.S. banking system could suffer a blow from which it could not bounce back and which would result in government takeover…In whatever way it may start, if it starts, a series of major bank failures would totally alter the nation as we now know it.

America's stock markets declined by 38% in 2008, but most of the world's major stock markets fell by closer to 50% for the same period. The destruction of the American engine of enterprise will bring down markets, corporations, and individuals worldwide.

A theory however elegant and economical must be rejected or revised if it is untrue

Industry is fortune's right hand, and frugality its left.

The GDP rises whenever money changes hands....The whole thing is reminiscent of Edward Abbey's reflection that "growth for the sake of growth is the philosophy of the cancer cell.

The critical oil and natural gas producing region that we fought so many wars to try and protect our economy from the adverse impact of losing that supply or having it available only at very high prices.

Oxford Communiqué recommends mainly growth stocks

Money is simply the symbolic representation of human energy."

Money is whatever symbol we decide upon to represent human energy for an item or service."

The purpose of this pamphlet is to explain how local currencies work. Alone they cannot solve all the multiple financial, social and environmental crises we face, but they are an increasingly important part of the answer.

Men cannot not live by exchanging articles, but producing them. They live by work not trade.

Men don't and can't live by exchanging articles, but by producing them. They don't live by trade, but by work. Give up that foolish and vain title of Trades Unions and take that of laborers Unions.