Quotes About Economy

Thus was born the postindustrial economy. For some, work became more pleasant. For those with the skills, capital, and savvy to prosper in the postindustrial age, services offered inordinate opportunities

So, the postindustrial economy opened a new chasm between those with good jobs in services, which were stable, high paying, and rewarding, and those with bad jobs, which were fleeting, low paying, and unsatisfying

Necesitamos una economía mundial plural en la cual los Estados-nación conserven la suficiente autonomía para elaborar sus propios contratos sociales y desarrollar sus propias estrategias económicas.

Economies thrive when individuals strive, but because individuals will only strive for their own happiness, it is essential that they mistakenly believe that producing and consuming are routes to personal well-being.

We are moving from an economy and a society built on the logical, linear, computerlike capabilities of the Information Age to an economy and a society built on the inventive, empathic, big-picture capabilities of what's rising in its place, the Conceptual Age.

business writer Polly LaBarre notes, "The United States spends more on trash bags than ninety other countries spend on everything.

The consulting firm McKinsey & Co. estimates that in the United States, only 30 percent of job growth now comes from algorithmic work, while 70 percent comes from heuristic work.9

This book describes a seismic—though as yet undetected—shift now under way in much of the advanced world. We are moving from an economy and a society built on the logical, linear, computerlike capabilities of the Information Age to an economy and a society built on the inventive, empathic, big-picture capabilities of what's rising in its place, the Conceptual Age.

Our left brains have made us rich. Powered by armies of Drucker's knowledge workers, the information economy has produced a standard of living in much of the developed world that would have been unfathomable to our great-grandparents.

United States spends more on trash bags than ninety other countries spend on everything. In other words, the receptacles of our waste cost more than all of the goods consumed by nearly half of the world's nations.

The United States spends more on trash bags than ninety other countries spend on everything. In other words, the receptacles of our waste cost more than all of the goods consumed by nearly half of the world's nations."6

Dishonest dealings tend to drive honest dealings out of the market," Akerlof wrote. "The presence of people who wish to pawn bad wares as good wares tends to drive out the legitimate business.

The U.S. private sector employs three times as many salespeople as all fifty state governments combined employ people. If the nation's salespeople lived in a single state, that state would be the fifth-largest in the United States.

The presence of so many salespeople in the planet's largest economy seems peculiar given the two seismic economic events of the last decade—the implosion of the global financial system and the explosion of widespread Internet connectivity.

You cannot spend your way out of recession or borrow your way out of debt.

The law (of least effort) asserts that if there are several ways of achieving the same goal, people will eventually gravitate to the least demanding course of action. In the economy of action, effort is a cost, and the acquisition of skill is driven by the balance of benefits and costs. Laziness is built deep into our nature.

Viewed from a distance, or through the eye of the All-Knowing CEO of the Universe, the crash of 2008 followed the usual pattern. A long-lived boom driven by cheap credit, going back as far as 1982 (though subject to interruptions in the mid-1980s and 1990s, and in 2001), came to grief because of a rise in the cost of borrowing money.

The transition to clean energy should not be viewed as a burden to be overcome but, rather, an extraordinary job creation opportunity for the United States.

We borrow 40 cents out of every dollar that we spend. We borrow most of it from countries like China. They have become major creditors of the United States and have more power over our economy than we want them to. So dealing with this is not only the right thing economically, it's certainly right from a moral viewpoint.

From a counter-intelligence viewpoint, the OPM breach is really scary - but if we continue to see the erosion of purely commercial enterprises, where people lose confidence, the economy falters.

Obviously I do have political views - I'm a believer in the free-market economy; I also believe that without competition and respect for human rights there will be no progress because nobody will feel safe and free.

If the public understands the central bank's views on the economy and monetary policy, then households and businesses will take those views into account in making their spending and investment plans; policy will be more effective as a result.

With the collapse of the Soviet Union, the Marxists are coming around to seeing my views on the economy with greater perspective. I was the one who propounded that there should be a 'level-playing field' among nations on the economic front, that they cannot have low-interest rates in their countries and argue against cheap labour in India.

But again, you know, the views that we've expressed are transferring power back from the federal government to the states, giving Alaska an incredible opportunity to expand its economy, especially at a time when our federal government is coming close to bankruptcy. So that is a broad-based appeal. It's not an extreme view.