Quotes About Economy

O]ur human economy is derivative from the Earth economy. To glory in a rising Gross Domestic Product with an irreversibly declining Earth Product is an economic absurdity.

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

The protective tariff was perhaps the most controversial economic issue of the antebellum period. High tariffs, intended to protect Northern industry from foreign competition, were a terrible burden to the agricultural South, which had little industry to protect. To Southerners, the tariffs meant higher prices for manufactured goods because they bought them abroad and paid the tariff or because they bought them from Northerners at the inflated prices that tariff protection made possible.

The dollar has lost over 95 percent of its value since the Fed was created.

As Hayek, Milton Friedman, and so many others pointed out, a state with power, means, and inclination to intervene so heavily in economic affairs is unlikely to stop there. In the process of all this, religion and civil society are crowded out, appreciation for their role languishes, and the groundwork is laid for more restrictions on them in the future.

The dot-com and housing bubbles can both be explained by artificial credit expansion, say such economists.

we should abolish the Fed altogether, since in the view of these economists it is entirely superfluous to a market economy.

stock market as measured by the Dow did decrease 25% between 1969 and 1971

The whole system is overseen by the government-created Federal Reserve System, which presides over a system-wide cartel.

Economy does not lie in sparing money, but in spending it wisely.

When it comes down to it, what are being traded in a capitalist economy are property rights—the ownership rights in goods and services.

Being frugal is the cornerstone of wealth-building

There is a reason why the top 1 percent of the income producers in America pays 37 percent of the entire federal income tax bill, why the top 5 percent pays 57 percent, the top 10 percent pay 68 percent, and the top 25 percent pay 85 percent. High-income producers are the only ones who earn enough money to do so! The bottom 50 percent of the income producers contributes less than 4 percent of the total tax bill.

Webster's defines frugal as "behavior characterized by or reflecting economy in the use of resources." The opposite of frugal is wasteful. We define wasteful as a lifestyle marked by lavish spending and hyperconsumption. Being frugal is the cornerstone of wealth-building.

Changes in consumer preferences can also affect profits. So can the actions of our government.

In all three cases, the person makes a higher income than does Mrs. Rule. Yet none is a millionaire. In fact, Mr. Petersen, the marketing manager, has zero invested in stocks. He never invests any of his income. But he lives in a $400,000 home that is surrounded by others in the high-tech field who have big hats and bigger mortgages, but no cattle. Too many high-income/low-net worth types live from paycheck to paycheck, fearing a sudden downturn in our economy. OUR

We must make our choice between economy and liberty or confusion and servitude...If we run into such debts, we must be taxed in our meat and drink, in our necessities and comforts, in our labor and in our amusements...if we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy.

The rich alone use imported articles, and on these alone the whole taxes of the General Government are levied...and its surplus applied to canals, roads, schools, etc., the farmer will see his government supported, his children educated, and the face of his country made a paradise by the contributions of the rich alone, without his being called on to spend a cent from his earnings.

Such is the economy of nature, that no instance can be produced of her having permitted any one race of her animals to become extinct; of her having formed any link in her great work so weak as to be broken.

We do not hope for what we have. Therefore, to live in hope is to live in poverty, having nothing. And yet, if we abandon ourselves to economy of Divine Providence, we have everything we hope for. By faith we know God without seeing Him. By hope we possess God without feeling His presence. If we hope in God, by hope we already possess Him, since hope is a confidence which He creates in our souls as secret evidence that He has taken possession of us.

Charter'd Companies may indeed be the form the world has now increasingly begun to take.

Sooner or later Holytail was due for the full treatment, from which it would emerge, like most of the old Emerald Triangle, pacified territory—reclaimed by the enemy for a timeless, defectively imagined future of zero-tolerance drug-free Americans all pulling their weight and all locked in to the official economy, inoffensive music, endless family specials on the Tube, church all week long, and, on special days, for extra-good behavior, maybe a cookie.

Late capitalism is a pyramid racket on a global scale, the kind of pyramid you do human sacrifices up on top of, meantime getting the suckers to believe it's all gonna go on forever.

Nada es más fácil que tener buenas intenciones. Pero cuando no se entiende cómo funciona una economía, las buenas intenciones pueden llevar a consecuencias desastrosas