Quotes About Economy

The demoralization that the debase­ment of the currency left in its wake played a major role in bring­ing Adolf Hitler into power in 1933.

heavy unemployment means that fewer goods are produced, that the nation is poorer, and that there is less for everybody.

There is actually no limit to the amount of work to be done. Work creates work. What A produces constitutes the demand for what B produces.

Reasonable taxes for this purpose need not hurt production much. The kind of government services then supplied in return, which among other things safeguard production itself, more than compensate for this. But the larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment.

Taxation for public housing destroys as many jobs in other lines as it creates in housing.

So government policy should be directed, not to imposing more burdensome requirements on employers, but to following policies that encourage profits, that encourage employers to expand, to invest in newer and better machines to increase the productivity of workers—

Each of us must also sell something, even if for most of us it is our own services rather than goods, in order to get the purchasing power to buy.

Full employment—very full employment; long, weary, back-breaking employment—is characteristic of precisely the nations that are most retarded industrially.

The government never lends or gives anything to business that it does not take away from business.

The idea that an expanding economy implies that all industries must be simultaneously expanding is a profound error.

Nothing is easier to achieve than full employment, once it is divorced from the goal of full production and taken as an end in itself

They tell us how much better off economically we all are in war than in peace.

The progress of civilization has meant the reduction of employment, not its increase. It is because we have become increasingly wealthy as a nation that we have been able virtually to eliminate child labor, to remove the necessity of work for many of the aged and to make it unnecessary for millions of women to take jobs.

En ello consiste la fundamental diferencia entre la buena y la mala economía. El mal economista sólo ve lo que se advierte de un modo inmediato, mientras que el buen economista percibe también más allá.

all government expenditures must eventually be paid out of the proceeds of taxation; that inflation itself is merely a form, and a particularly vicious form, of taxation. Having

Nothing is easier to achieve than full employment, once it is divorced from the goal of full production and taken as an end in itself. Hitler provided full employment with a huge armament program. World War II provided full employment for every nation involved. The slave labor in Germany had full employment. Prisons and chain gangs have full employment. Coercion can always provide full employment. Yet

In an exchange economy everybody's money income is somebody else's cost.

If we try to run the economy for the benefit of a single group or class, we shall injure or destroy all groups, including the members of the very class for whose benefit we have been trying to run it. We must run the economy for everybody

el sofisma básico de la «nueva» Economía, consiste en concentrar la atención sobre los efectos inmediatos de cierto plan en relación con sectores concretos e ignorar o minimizar sus remotas repercusiones sobre toda la comunidad.

si el Gobierno fija aranceles a la importación de productos, simplemente estará orientado la economía a producir de manera ineficiente unos bienes y servicios que están disponibles más baratos en el extranjero, perjudicando a gran cantidad de empresarios internos cuya demanda desaparecerá

The natural consequence of a thoroughgoing over-all price control which seeks to perpetuate a given historic price level, in brief, must ultimately be a completely regimented economy.

Cuando el gobierno subvenciona o concede anticipos, en realidad grava negocios privados prósperos para auxiliar ruinosos negocios privados.

There is life and life, and as waste is only life sacrificed and thereby prevented from counting, I delight in a deep breathing economy and an organic form.

As everyone knows, Cleanliness is the chief American industry.