Quotes About Economy

In other words, to whatever extent migrants are crossing the border and thereby (ostensibly) taking other people's jobs, it is only because the economy of Mexico has been considerably undermined by the policies of our country.

In an information industry the cost of monopoly must not be measured in dollars alone, but also in its effect on the economy of ideas and images, the restraint of which can ultimately amount to censorship.

Orozco's despair was not just in finding himself poor, but in discovering that effort, honest intentions, and gentlemanly status had nothing to do with sucess in a commercial economy.

So cotton growers, siphoning from the Ogallala, get three billion dollars a year in taxpayer money for fiber that is shipped to China, where it is used to make cheap clothing sold back to American chain retail stores like Wal-Mart.

In court, pricey lawyers from the city try to answer the question: whose life is more endangered, the spotted owl's or the logger's? Victims of mutual incompatibility, both owl and logger are disappearing in Oregon, a state that once had enough standing timber to rebuild every house in America.

Americans are nearer to the final triumph over poverty than ever before in the history of the land," said the new president, Herbert Hoover, who took office in 1929. He

He scoffed at the pictures of fruit vendors on city streets; they were selling apples at five cents apiece, he said, because it was more profitable than working a regular job. The Republicans had been routed in the 1930 midterm elections, losing seventeen seats in the Senate and control of the House.

Price is what you pay. Value is what you get."—Warren Buffett

Effectiveness is doing the things that get you closer to your goals. Efficiency is performing a given task (whether important or not) in the most economical manner possible. Being efficient without regard to effectiveness is the default mode of the universe.

NR: To prevent work for work's sake, and to do the minimum necessary for maximum effect ("minimum effective load").

Sooner or later, parents have to take responsibility for putting their kids into a system that is indebting them and teaching them to be cogs in an economy that doesn't want cogs anymore. Parents get to decide . . . [and] from 3 p.m. to 10 p.m., those kids are getting homeschooled. And they're either getting home-schooled and watching The Flintstones, or they're getting homeschooled and learning something useful.

Just because something is more expensive doesn't make it better!

Every step that produces a single job for a currently unemployed European should be taken. Every centimetre of red tape that puts someone out of work must be torn up.

We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households.

There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.

Illegal immigration is crisis for our country. It is an open door for drugs, criminals, and potential terrorists to enter our country. It is straining our economy, adding costs to our judicial, healthcare, and education systems.

The primary killer of U.S. factory jobs isn't China or Mexico but robots.

The predominant view was that budgets should be balanced and money supplies tightened. This, as we know today, only made matters worse.

labor power itself is the sole commodity—the "unique commodity," as Marx calls it—that is produced outside of the circuit of commodity production

Slavery and immigration are two of the most common ways capital has replaced labor in a bounded society.

What exactly are capitalist productive relations? And how are children implicated in them?

gives a fuller picture of production and reproduction than Marx's political economic theory does, that extends questions of democracy not only to the economy but to personal relations."9

If workers' labor produces all the wealth in society, who then produces the worker? Put another way: What kinds of processes enable the worker to arrive at the doors of her place of work every day so that she can produce the wealth of society?

unlike all other commodities under capitalism, the "unique" commodity labor power is singular in the sense that it is not produced capitalistically.