Quotes About Economy

His tenuously held scruples about the slave economy did not stop him from briefly musing whether he should have himself bid for Abe Hawkins.

As late as March 2008 Henry Paulson, the U.S. Secretary of the Treasury, declared: "Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible."25 Shortly thereafter, the entire economy was in turmoil. The risk models influencing Paulson's belief did not anticipate the scale of the bubble, similar to the turkey not anticipating the concept of Thanksgiving.

Naturally we are aware of the strength of our economy and naturally we don't want to downplay it.

Properly speaking, altruism is an absurdity. Women are self-sacrificing in direct proportion to their incapacity to offer anything but this sacrifice. They sacrifice what they never had: a self. The cry of the deserted woman, 'What have I done to deserve this?' reveals at once the false emotional economy that she has been following.

Money is always there, but the pockets change.

economy spoils pleasure

Banks are the temples of America. This is a holy war. Our economy is our religion.

Thrift is the really romantic thing; economy is more romantic than extravagance... thrift is poetic because it is creative; waste is unpoetic because it is waste... if a man could undertake to make use of all the things in his dustbin, he would be a broader genius than Shakespeare.

estamos en un ciclo nuevo caracterizado por una relativa desdiferenciación de las esferas económicas y estéticas, por la desregulación de las distinciones entre lo económico y lo estético, la industria y el estilo, la moda y el arte, el pasatiempo y la cultura, lo comercial y lo creativo, la cultura de masas y la alta cultura: desde este momento, en las economías de la hipermodernidad estas esferas se hibridan, se mezclan, se cortocircuitan, se interpenetran.

To him, bankers were neither noble or Masters of the Universe. They were just businesspeople doing a job, pushing money around the economy as efficiently and effectively as they could.

If you could really insure banks and other lenders against default risk, that might well unleash a great wave of capital into the economy.

I understand why society, especially American society, is gravitating toward fairy tales, given our economy. We've been exploring the world of witches and wizards for years. We've been exploring the world of vampires for years. Clearly the public - I mean, I feel like all of this was ushered in by 'Harry Potter' - in my own fannish beliefs.

In 2015, during a speech at Harvard's Kennedy School of Government, Rasmussen noted, "Some people in the U.S. associate the Nordic model with some sort of socialism. Therefore, I would like to make one thing clear: Denmark is far from a socialist planned economy. Denmark is a market economy."3

It is time to admit that public education operates like a planned economy. It's a bureaucratic system where everyone's role is spelled out in advance, and there are few incentives for innovation or productivity. It's not a surprise when a school system doesn't improve. It more resembles a communist economy than our own market economy.

Economist Robert Higgs wrote a book about this phenomenon titled Crisis and Leviathan, in which he argues that government intervention inevitably creates future problems, which results in the government's intervening even more in an attempt to correct them.)

Looking at international economic life brings to mind the ancient image of the world riding on the back of a turtle—only in reality, the turtle is a woman. She inches along, laboring just beneath the level of economic visibility, often blaming herself for not being able to bear more weight. Occasionally, she retreats into her shell, as if withdrawal were the only form of rebellion. But only when she upsets its balance will the world roll off her back.

Life lies before us, as a huge quarry lies before the architect: he deserves not the name of architect, except when, out of this fortuitous mass, he can combine, with the greatest economy and fitness and durability, some form, the pattern of which originated in his spirit.

Each year India and China produce four million graduates compared with just over 250 000 in Britain.

Morocco looks not to its immediate neighbors but just across the Mediterranean, to Europe, as its major foreign economic lifeline. In part because of Europe's own economic stagnation over the past several years, Morocco's economy has grown only slowly—and there are few signs of any immediate improvement on the horizon.

From a financial security perspective, the danger is that China might disrupt U.S. financial markets by engaging in strategic selling of its holdings, which in turn could injure the U.S. economy. This renders the U.S. economy potentially hostage to Chinese policymakers and for that reason constitutes a national security risk.

China-centric globalization is characterized by three features: (1) The emergence of China as the global center of manufacturing—the so-called "factory for the world"; (2) The creation of a new dollar zone shared by the U.S. and China, and supported by China's adoption of a pegged dollar exchange rate; and (3) The emergence of a massive U.S. trade deficit with China, combined with the transfer of a significant chunk of U.S. manufacturing capacity there.

During the Cold War, the Soviet Union never could accomplish that because it was a resource exporter and was in competition with these countries. Consequently, it had little to offer economically and, instead, offered guns and ideology. The U.S. used to be the supplier of goods and buyer of resources but, as its manufacturing base has shrunk, it has been increasingly displaced by China. That places the U.S. in a weaker position versus China than it was versus the Soviet Union.

then head of ING Bank in Shanghai, said it all: "The bad news is that the Big Four are insolvent; the good news is that they're sovereign." Technically, no state-owned commercial bank in China enjoys sovereign backing. In practice, however, the Big Four, as weak as they are, are as solid as China itself. As long as the government stands

In China, the only creatures that can really block forward momentum are the leaders of the Communist Party. Zhu Rongji made his career by taming inflation, which reached an annual rate of 21.7 percent in 1994.