Quotes About Economy

The next time you hear businesspeople propounding their views about the economy, ask yourself. Have they taken the time to study this subject? Have they read what the experts write?If not, never mind how successful they have been in business. Ignore them, because they probably have no idea what they are talking about.

With info-capitalism, a monopoly is not just some clever tactic to maximize profit. It is the only way an industry can run.

It appears - because it has been the case for twenty years - that every problem is solvable...that no matter how badly the world economy slumps there is a pain-free way out of it. Once the realization dawns that there is not, and that the pain will be severe, the question is posed that has not really been posed for twenty years: who should feel it?

Before you buy, you need to know that the company you're investing in is Financially sound and growing Offering products and/or services that are in demand by consumers In a strong and growing industry (and general economy)

market capitalization (or market cap).

To stay in business, companies had to do the logical thing — cut expenses. What's usually the biggest expense for companies? People! Many companies started laying off employees. As a result, consumer spending dropped further because more people were either laid off or had second thoughts about their own job security.

The stated object of the policy is to increase the cash reserves of the banks and financial institutions, so that they can increase their loans to business and individuals, thus stimulating the economy and providing new jobs for the unemployed. That is the theory, but it works only if you have both willing lenders and borrowers. In the absence of either one or both the medicine creates more questionable side effects than the intended recovery.

keeps Mexico ticking over

Fruit pickers here, lab technicians over there.

It always amazed me to see American factories in Mexico, so near the border

the NAFTA accord meant that American manufacturing slid into Mexico, crossing the border but not descending very far. In fact, it seemed to be a rule that these companies were determined to stay within hailing distance of the United States, a few minutes' drive for their products to be shipped over the border. Most American factories in Mexico were visible from the US.

Some of those people ended up in the maquiladoras

Perhaps it was working; side by side, Douglas (a town that had lost its industries) and Agua Prieta (a town that had gained many factories) stood out as the safest and most serene towns I saw in the whole of my traverse of the border.

And President Clinton's success in concluding the NAFTA accord meant that American manufacturing slid into Mexico, crossing the border but not descending very far. In fact, it seemed to be a rule that these companies were determined to stay within hailing distance of the United States, a few minutes' drive for their products to be shipped over the border. Most American factories in Mexico were visible from the US.

The conservative argument is that the economy is like the weather, that it just operates automatically.

When we think about global warming at all, the arguments tend to be ideological, theological and economic.

One succeeds in obtaining an equivalent production at a lower price by improving the arts, trades and agriculture and by developing the physical and moral qualities of workers, farmers and craftsmen.

In Europe they understand that the arts are incredibly important both culturally and economically.

Art tends toward balance, order, judgment of relative values, the laws of growth, the economy of living – very good things for anyone to be interested in.

Art is only worth what people will pay for it. Artists do not get paid by the hour.

All our institutions rest upon business. Without it we should not have schools, colleges, churches, parks, playgrounds, pavements, books, libraries, art, music, or anything else that we value.

Cultural tourism surveys consistently rate San Francisco's art industry as a core reason for visiting

Predicting recessions is indeed a dark art, but I think we are several years away from the next one.

The economy of gift, of art, is fundamentally opposed to the economy of war.