Quotes About Economy

Wealth is not the only, nor the most valuable commodity, which Britain might import from India.80

Wellesley noted, 'there is not a Maratha in the whole country, from the Peshwa down to lowest horseman, who has a shilling'. This was hardly surprising as, by 1801, Arthur had noted that after the devastations of the Maratha civil war, there was 'not a tree or an ear of corn standing for 150 miles around Pune'.

I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.

It is safe to say that if the Communists took over the Sahara Desert tomorrow, two things would happen. First, nothing. And second, with their centralized approach to the market, there would be a shortage of sand.

There is no injunction, no "ought" in political economy at all. It

When, rather, were his name and interest ever invoked, when, upon examination, it did not plainly appear that somebody else was to win—somebody who was far too "smart" ever to be poor, far too lazy ever to be rich by industry and economy?

A man who is present as a consumer, yet who does not contribute either by land, labor, or capital to the work of society, is a burden. On

Capital, however, as we have seen, is the force by which civilization is maintained and carried on. The

Obviously a Conservative government will always leave taxes lower than they have been under Labour. Those things go with the territory of the Conservative Party.

The message I take all round the world is Britain is open for business.

The commercial banker performs three near-sacred functions central to any capitalist society: the safeguarding of other people's money; the provision of working capital to businesses, without which the economy cannot function; and the creation of money. By contrast, the investment banker sells stocks and bonds to the public, a much riskier and morally more ambiguous activity.

P. J. O'Rourke: "North Korea has a 99% literacy rate, a disciplined, hardworking society, and a $900 per capita GDP. Morocco has a 43.7% literacy rate, a society that spends all day drinking coffee and pestering tourists to buy rugs, and a $3,260 per capita GDP."1

market history shows that when there's economic blue sky, future returns are low, and when the economy is on the skids, future returns are high;

We tend to extrapolate the recent past indefinitely into the future; in the 1970s, investors thought that inflation would never end, whereas now most people think it will never occur again. The first viewpoint was proven wrong within a few years, and the latter viewpoint most likely will be soon.

Although the modern image of the imperial city is dominated by the ruins of the Coliseum and the Forum, the economic life of ancient Rome centered on side streets filled with apartments, shops, and horrea.

The easiest way to get rich is to spend as little as possible.

In the new economy, information, education, and motivation are everything.

In today's knowledge-based economy, what you earn depends on what you learn. Jobs in the information technology sector, for example, pay 85 percent more than the private sector average.

write to Securities Research Company, 27 Wareham Street, #401, Boston, MA 02118, and purchase one of the company's long-term wall charts. Also, in 2008, Daily Graphs, Inc., created a 1900 to 2008 stock market wall chart that shows major market and economic events.

Burn down your cities and leave our farms, and your cities will spring up again as if by magic; but destroy our farms and the grass will grow in the streets of every city in the country. We will answer their demand for a gold standard by saying to them: You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold.

You came to tell us that the great cities are in favour of the gold standard; we reply that the great cities rest upon our broad and fertile plains. Burn down your cities and leave our farms, and your cities will spring up again as if by magic. But destroy out farms and the grass will grow in the city...You shall not press down upon the brow of labour this crown of thorns. You shall not crucify mankind upon a cross of gold.

During hard economic times, people become more receptive to simplistic ideological messages that deflect attention away from the real and complex source of their problems. Instead of associating their problems with economic and political changes, these divisive messages encourage them to turn on each other—race against race.

The fabulous boom of the late 199os produced modest to no income gains for most Americans.

How to Live Well on Nothing a Year.