Quotes About Economy

For reasons we have seen, market economies can generate wealth prodigiously while totalitarian planned economies impose scarcity, stagnation, and often famine.

The zero-sum nature of the medieval economy was reinforced by a Christian ideology that was hostile to any commercial practice or technological innovation that might eke more wealth out of a given stock of physical resources.

What launched the Great Escape? The most obvious cause was the application of science to the improvement of material life, leading to what the economic historian Joel Mokyr calls "the enlightened economy.

The transparency and intelligibility of a country with a free market economy can reassure its neighbors that it is not going on a war footing, which can defuse a Hobbesian trap and cramp a leader's freedom to engage in risky bluffing and brinkmanship.

aggregate statistics like GDP per capita and its derivatives such as factor productivity . . . were designed for a steel-and-wheat economy, not one in which information and data are the most dynamic sector. Many of the new goods and services are expensive to design, but once they work, they can be copied at very low or zero costs. That means they tend to contribute little to measured output even if their impact on consumer welfare is very large.

Bond investors are the vampires of the investment world. They love decay, recession - anything that leads to low inflation and the protection of the real value of their loans.

I love trade. I'm a free trader, 100 percent. But we [the USA] need smart people making the deals, and we don't have smart people making the deals.

I love the right words. I think economy and precision of language are important.

I guess like most people I'm a bargain-hunter. I love a bargain. I found out there's two prices on everything. There's the Rodeo Drive price and there's the same merchandise down the street.

I must tell you that the supply of words on the world market is plentiful, but the demand is falling.

I love thrift shopping. You can get ten things because everything costs, like, three dollars.

If you would govern a state of a thousand chariots (a small-to-middle-size state), you must pay strict attention to business, be true to your word, be economical in expenditure and love the people.

You cannot be pro-jobs and anti-business at the same time. You cannot love employment and hate employers.

The ideologue begins by selecting a few abstractions in whose low-resolution representations hide large, undifferentiated chunks of the world. Some examples include "the economy," "the nation," "the environment," "the patriarchy," "the people," "the rich," "the poor," "the oppressed," and "the oppressors.

We compete for attention, personally, socially, and economically. No currency has a value that exceeds it. Children, adults, and societies wither on the vine in its absence. To have others attend to what you find important or interesting is to validate, first, the importance of what you are attending to, but second, and more crucially, to validate you as a respected center of conscious experience and contributor to the collective world.

The data on the economic utility of artists is really, really strong. Artists and entrepreneurs are the same people...and of course entrepreneurs are the people who provide all of the vision for the entire capitalist system. They're absolutely necessary. But conservatives tend to be so blind to art that they can't even see that the artists are the ones who drive the economy forward!

De financiële wereld is geen ver-van-je-bedshow. Het is het bed zelf.

Allá en casa la pobreza era tanta que desde muy temprano uno aprendía eso de no gastar en cualquier cosa. Todo costaba dinero. Todo era caro.

Without economic development, any potential for political openness and freedom will be questionable.

The great political questions take their place in the psychic economy of the typical citizen with those leisure-hour interests that have not yet attained the rank of hobbies, and with the subjects of irresponsible conversation.

Development is about transforming the lives of people, not just transforming economies.

If a business borrows to buy a machine, it's a good thing, not a bad thing. During the past six years, America—its government, its families, the country as a whole—has been borrowing to sustain its consumption. Meanwhile, investment in fixed assets—the plants and equipment that help increase our wealth—has been declining.

For Madison, on the other hand, "a Public Debt is a Public curse," and "in a Representative Government greater than in any other."26

By a closed economic system is meant the idea that the world's energy supply, upon which the financial system of the banksters is based, is founded upon non-renewable energy sources such as oil, natural gas, and so on. Hence, the system is closed since the whole premise of the system is scarcity and nonrenewability.