Quotes About Economy

In the Deng Xiaoping era China had the highest growth rates in the world, but it now appears that much of the investment in the last quarter century was economically useless.

it will not be long before the Chinese brew more beer than anyone else. China's just a shade behind the United States, and its output has been growing a staggering 25 percent a year for the last decade, the fastest in the world.

the traditionally used ratios of deficit to GDP and total debt to GDP, as computed using the official numbers, grossly overstate how much more debt China can incur to jump-start its economy.

the central government views itself, not competition, as the regulator of industry.

at any given time about 30 percent of the stocks on China's markets are being manipulated.

in the words of jurist John Marshall of the U.S. Supreme Court, "the power to tax involves the power to destroy.

The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany.

Big business don't go broke any more. The minute it looks bad for them, they combine with something else and issue more stock.

We are living in an age of "Mergers" and "Combines." When your business is not doing good you combine with something and sell more stock.

The results of quality work last longer than the shock of high prices.

Who recalls when folks used to git along without somethin' if it cost too much?

Trading provides one of the last great frontiers of opportunity in our economy. It is one of the very few ways in which an individual can start with a relatively small bankroll and actually become a multimillionaire

The American Society of Civil Engineers estimates that the United States would have to spend $3.6 trillion more than currently budgeted just to bring our infrastructure up to acceptable levels by 2020.95 China and India are spending almost 10 percent of GDP on infrastructure; Europe, around 5 percent.96 Even Mexico spends just over 3 percent.97 The United States has not broken 3 percent once since the mid-1970s.98

Public R&D expenditures are already at their lowest level as a share of the economy in forty years, and they are slated to fall to their lowest level—0.5 percent of GDP in 2021—since before the great mobilization of science during World War II.85 If they were instead increased in line with the size of the economy, according to one cautious calculation, the economy would generate more than a half trillion dollars in additional income over the next nine years.86

The rise of inequality and fall of unions are closely linked.

Il n'y a pas de force politique sans richesse marchande, pas de richesse marchande sans inventions techniques, et donc sans science ni raison

The worst thing a nation can do to itself is to cultivate and maintain a supply of cheap labor. When salaries are kept down, money stops circulating, taxes bring in diminished funds, and everybody loses.

The worst thing a nation can do to itself is to cultivate and maintain a supply of cheap labor. When salaries are kept down, money stops circulating, taxes bring in diminished funds, and everybody loses. The white man thinks he's hurting us when he keeps our wages low. Actually, he's hurting himself.

Robots are the new middle class. And everyone else will either be an entrepreneur or a temp staffer.

ZERO sectors in the economy are moving toward more full-time workers.

This is the final bubble. The US government now has to keep printing money to keep things stable. Maybe when the economy booms again they can hold off—but that might be a while.

Robots are the new middle class.

Only merchants have money to waste, and what are they but parasites who create nothing, grow nothing, make nothing but feed off another's labor?

Only merchants have money to waste, and what are they but parasites who create nothing, grow nothing, make nothing but feed off another's labor? Definitely they should all walk, neh? In this we are very wise.