Quotes About Economy

For always remember that while it is wrong to use too few, it is often far worse to use too many. - Which Macabre

Twenty dollars a week doesn't go far.

Pennies saved one and two at a time

As in many other cities, money no longer had any value in Istanbul. At the time I returned from the East, bakeries that once sold large one-hundred drachma loaves of bread for one silver coin now baked loaves half the size for the same price, and they no longer tasted the way they did during my childhood.

Unemployment is capitalism's way of getting you to plant a garden.

He pulled out a single half-blackened disc of bronze. Money, he said. You get it by working, and then you trade it for things you want. But it's so small, said Runnel. So's your wit, said the man, and turned away.

It is very important to concentrate on hitting the U.S. economy through all means possible

Nowadays we are all of us so hard up that the only pleasant things to pay are compliments. They're the only things we can pay.

he who will not economize will have to agonize

To rule a country of a thousand chariots, there must be reverent attention to business, and sincerity; economy in expenditure, and love for men; and the employment of the people at the proper seasons.

The Poverty Tour provided the opportunity to meet many people who had been living paycheck to paycheck even before the economic downturn. To so quickly slide from the great middle into the underworld of the poor validated our suspicions that perhaps these citizens never really were bona fide, middle class Americans. Indeed, some economists assert that the middle class evaporated decades ago.

The companies are multinational--why should labor still stick to borders?

Somewhere, in a distant land he barely knew the name of, people had stopped buying washing machines, and so his city had died.

On the one hand, information wants to be expensive, because it's so valuable. The right information in the right place just changes your life. On the other hand, information wants to be free, because the cost of getting it out is getting lower and lower all the time. So you have these two fighting against each other.

No, I mean I'm sorry that you've inherited such a miserable, collapsing Old Country. A place where rich Bankers own everything, where you've got to be grateful for a part-time job with no benefits and no retirement plan, where the most health insurance you can afford is being careful and hoping you don't get sick, where --

It's way too late to decarbonize the surveillance economy.

the American worker's enemy isn't the Mexican worker, it's the auto manufacturer who screws both of them.

In the United States of 1850, the Industrial Revolution had amped up labor to an astonishing all-time high of 3,650 hours, based on seventy-hour weeks and fifty-two weeks per year.

United States has become essentially two economies: a first-world economy driven by technicians and their various entourages, and a third-world economy driven by immigrants and, increasingly, the forlorn folks who were formerly our pride, the salt of the earth, the hearty denizens of the American heartland. Americans in name, they have been priced out of the American economy. But from the perspective of techno-economists like

Their whole life depends on spending money, and now they've got none to spend. That's our civilization and our education: bring up the masses to depend entirely on spending money, and then the money gives out.

Instead of engaging in cutthroat competition, we should strive to create value. In economic terms, this means a transition from a consumer economy - the mad rush for ownership and consumption - to a constructive economy where all human beings can participate in the act of creating lasting worth.

IX. THE PRICE OF DISASTER The price of the disaster of slavery and civil war was the necessity of quickly assimilating into American democracy a mass of ignorant laborers in whose hands alone for the moment lay the power of preserving the ideals of popular government; of overthrowing a slave economy and establishing upon it an industry primarily for the profit of the workers. It was this price which in the end America refused to pay and today suffers for that refusal.

I. THE BLACK WORKER How black men, coming to America in the sixteenth, seventeenth, eighteen and nineteenth centuries, became a central thread in the history of the United States, at once a challenge to its democracy and always an important part of its economic history and social development.

The riches of a country are to be valued by the quantity of labor its inhabitants are able to purchase, and not by the quantity of silver and gold they possess." The