Quotes About Economy

Any new financial order for the world must tackle the three chief challenges of our age.

If you destroy a free market, you create a black market.

Some Socialists see private enterprise as a tiger—a predatory animal to be shot. Others see it as an old cow to be milked. But we Conservatives see it as the sturdy horse that pulls along our economy.

It's the economy, stupid.

Blood in the Streets and The Great Reckoning.

Through all of human history from its earliest beginnings until now, there have been only three basic stages of economic life: (1) hunting-and-gathering societies; (2) agricultural societies; and (3) industrial societies.

Through all of human history from its earliest beginnings until now, there have been only three basic stages of economic life: (1) hunting-and-gathering societies; (2) agricultural societies; and (3) industrial societies. Now, looming over the horizon, is something entirely new, the fourth stage of social organization: information societies.

Part of the reason that Rome fell is simply that it had expanded beyond the scale at which the economies of violence could be maintained. The cost of garrisoning the empire's far-flung borders exceeded the economic advantages that an ancient agricultural economy could support. The burden of taxation and regulation required to finance the military effort rose to exceed the carrying capacity of the economy. Corruption became endemic.

Part of the reason that Rome fell is simply that it had expanded beyond the scale at which the economies of violence could be maintained.

The nation-state will devolve like an unwieldy conglomerate, but probably not before it is forced to do so by financial crises.

The tendency for more market-like property rights and relationships to develop near the top of an economic hierarchy or, in rarer cases, across the whole economy, as societies emerged from poverty, is an important characteristic of social organization. It is equally important to note that the most common organization of agricultural society historically has been essentially feudal, with market relations at the top and the closed village system at the bottom.

For what,' I asked, 'is wrong with a steady-state economy?' Their response could almost be described as one of shock-horror, as if I had uttered an obscenity. One of them – my friend, Sydney Epton – said, 'Jim, you must understand that without growth there would be utter chaos; the whole system of modern economics is dependent on growth.' Taken literally, sustainable development simply means growth.

The carrying out of the Potsdam Agreement has, however, been obstructed by the failure of the Allied Control Council to take the necessary steps to enable the German economy to function as an economic unit.

By providing outstanding economic leadership, this country can wage its attack successfully - and can thereby build the foundations of a peaceful world.

Wage costs were minimized not just by holding wage rates down but also by replacing craft workers with less skilled and cheaper labour, as the invention of automatic machinery made this possible. The cyclical instability of the industry resulted in periodic slumps in demand, which forced employers to reduce wages and hours in order to survive.

Industrial capitalism not only created work, it also created 'leisure' in the modern sense of the term.

Unequal societies are not only the most violent; they are also the least productive.

when unemployment is high, inequality rises. And when unemployment is low, inequality tends to fall.

I said that this would be a Budget based on prudence for a purpose and that guides us also in our approach to public spending.

What has become clear is that Britain cannot trust the Conservatives to run the economy. Everyone knows that I'm all in favour of apprenticeships, but let me tell you this is no time for a novice.

The economy is now consuming the planet's available resources on a scale that rivals their supply while releasing its waste products back into the environment on a scale that greatly affects the major biogeophysical cycles of the planet.

Everyone, young and old, must have access to the knowledge and skills to participate in the evolving economy.

Community is not something you have, like pizza. Now is it something you can buy. It's a living organism based on a web of interdependencies- which is to say, a local economy. It expresses itself physically as connectedness, as buildings actively relating to each other, and to whatever public space exists, be it the street, or the courthouse or the village green.

Community is not something you have, like pizza. Nor is it something you can buy. It's a living organism based on a web of interdependencies- which is to say, a local economy. It expresses itself physically as connectedness, as buildings actively relating to each other, and to whatever public space exists, be it the street, or the courthouse or the village green.