Quotes About Economy

Standard Industrial Classification (SIC)

A market economy cannot thrive absent the well-being of average people, even in a gilded age.

The great thing about crummy software is the amount of employment it generates.

Digital technologies are setting down the new grooves of how people live, how we do business, how we do everything--and they're doing it according to the expectations of foolish utopian scenarios. We want free online experiences so badly that we are happy to not be paid for information that comes from us now or ever. That sensibility also implies that the more dominant information becomes in our economy, the less most of us will be worth.

A file-sharing service and a hedge fund are essentially the same things. In both cases, there's this idea that whoever has the biggest computer can analyze everyone else to their advantage and concentrate wealth and power. It's shrinking the overall economy. I think it's the mistake of our age.

Since the eighteenth century the immense expansion of the worlds wealth has come about as a result of a correspondingly immense expansion of credit, which in turn has demanded increasingly stupendous suspensions of disbelief.

Today, the U.S. markets account for approximately 50 percent of the global equity markets total capitalization. Since

C]apitalism--democracy's sidekick

Biden is making America the world's ATM again.

for the merchants and chandlers of the Canaries, practiced

Indeed, "All great periods of culture have been periods of political decline." The energy required for politics on a large scale, or in economy, or in universal commerce, or in parliamentarism, or in military interest, usually reduces the level of culture of a people.

Don't knock the rich. When did a poor person give you a job?

In any economic or political crisis, one thing is certain. Many learned experts will prescribe many different remedies

For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations, on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date.

Practicality was baked into their bones. They wasted nothing, especially not time.

economic relations with our East Asian satellites have, for example, hollowed out our domestic manufacturing industries and led us into a reliance on finance capitalism, whose appearance has in the past been a sign of a hitherto healthy economy entering decline.

The accumulation of skill and science which has been directed to diminish the difficulty of producing manufactured goods, has not been beneficial to that country alone in which it is concentrated distant kingdoms have participated in its advantages.

Focusing on the dead women enables Americans to ignore the dead men, and ignoring the dead men enables the United States to ignore the failure of its free-trade schemes, which in Juarez are producing poor people and dead people faster than any other product.

A dispensation is a distinguishable economy in the outworking of God's purpose. If

Peace is a natural effect of trade.

If they would rather die, . . . they had better do it, and decrease the surplus population.

They liked fine gentlemen; they pretended that they did not, but they did. They became exhausted in imitation of them; and they yaw-yawed in their speech like them; and they served out, with an enervated air, the little mouldy rations of political economy, on which they regaled their disciples. There never before was seen on earth such a wonderful hybrid race as was thus produced.

Sixpennorth of halfpence?

use—to live by his own industry in England, rather than on the industry of the overladen people of France.