Quotes About Economy

Look at the Weimar Republic and their hyperinflation in the early '20s. It didn't happen overnight. I've used the analogy, it's a lot like soybeans: you plant 'em, you wait. Conditions take some time. You need some sun; you need some water, but ultimately things start to grow, and are we in that phase or not?

We have one of the highest interest rates in the world, and we owe more money per capita than any other country. All we need is a nail hole in the bottom of the boat and we're sunk.

The reality is that not only were we massively hit in 2008 when the bubble burst, and then we realized how deep the social gap, the economic gap in the world is between the super rich and the poor; also, we realized how impacted the environment has been. So there's been a physical consequence of that.

We live in an era where the global capital markets are the super power in the world, and when they move against you as they've moved against Russia, as we've all seen in the ruble, there's nothing that can stop that.

Fortunately there are wars. And rationing is one of the grandest inventions of man. You stamp paper with figures and you feed stomachs on numbers.

In the United States there are sixteen-and-a-half square feet of mall space for every man, woman, and child.

The success of an economy can be assessed only by looking at what is happening to the living standards—broadly defined—of most citizens over a sustained period of time.

Some U.S. states spend as much on their prisons as they do on their universities.62 Such expenditures are not the hallmarks of a well-performing economy and society. Money that is spent on "security"—protecting lives and property—doesn't add to well-being; it simply prevents things from getting worse.

As those, for instance, in Ireland celebrate the return to growth (in 2015 it was Europe's fastest growing economy),1 they need to remember: every (or almost every) economy recovers from a downturn.

aunque la economía de goteo hacia abajo no funciona, la economía de goteo hacia arriba sí puede funcionar: todo el mundo —incluso los de arriba— podría beneficiarse dando más a los de abajo y a los de en medio.

If our economic system leads to so many people without jobs, or with jobs that do not pay a livable wage, dependent on the government for food, it means that our economic system has not worked in the way it should, and then government has to step in.

desempleo episódico —a veces masivo, como sucedió en la Gran Depresión— y una contaminación tan nociva en ciertos lugares que el aire era irrespirable fueron solo dos de las «pruebas» más obvias de que los mercados por sí solos no necesariamente funcionan bien.

Loose money and light regulation were a toxic mixture. It exploded.

Nuestra economía no ha funcionado bien para vastas porciones del país, pero entretanto ha sido inmensamente gratificante para los que están en la cúpula. Sin duda, esta brecha cada vez más profunda es la raíz del actual dilema del país y el de muchos otros países avanzados.

Los legisladores deberían centrarse siempre en cualquier mercado con rentas excesivas, pues son un indicador de que la economía podría funcionar más eficientemente: en realidad, la explotación inherente a estas termina debilitando la economía. Una batalla exitosa contra la búsqueda de renta redunda en redirigir los recursos hacia la creación de riqueza.

Cuarto, una sociedad menos dividida, una economía con mayor equidad, funciona mejor.

Sexto, visto que las reglas del juego y tantos otros aspectos de nuestra economía y sociedad dependen del Gobierno

Noveno, existe una agenda económica exhaustiva que podría restaurar el crecimiento y la prosperidad compartida.

Antes que una reforma económica habrá que hacer una reforma política.

markets on their own will fail to achieve shared and sustainable prosperity. Markets play an invaluable role in any well-functioning economy and yet they often fail to produce fair and efficient outcomes, producing too much of some things (pollution) and too little of others (basic research).

misshapen economy creates misshapen individuals and a misshapen society

More than 80 years ago, John Maynard Keynes explained why market economies often have persistent unemployment and taught us how government could maintain the economy at or near full employment.

Low growth, stagnating incomes, and growing inequality are, of course, deeply interrelated, and they all are, at least in part, the result of policies begun under President Reagan some four decades ago, policies based on deep and pervasive misunderstandings about what makes for a strong economy.

the newly elected government was told in effect that they had no choice: accept the conditions or your banking system will be destroyed, your economy will be devastated, and you will have to leave the euro. What does it mean to be a democracy, where the citizens seemingly have no say over the issues about which they care the most, or the way their economy is run?