Quotes About Economy

Many small businesses are doomed from day one, not from competition or the economy, but from the ignorance of their owners . . . their destiny is already decided because they have no idea how a business should be operated.

one small decision has the power to make a real difference for the economy

black slavery was basic and integral to the entire phenomenon we call "America." This often hidden or disguised truth ultimately involves the profound contradiction of a free society that was made possible by black slave labor.

The making of music is profoundly affected by the market.

The political system is broken, the economy is broken and so is society. That is why people are so depressed about the state of our country.

typical modern households live in urban environments where they earn incomes through some form of wage work and buy food produced by others. In the more industrialized economies, ca. 65 percent of populations lived in towns in 1980, and globally, ca. 38 percent; it is probable that even global levels of urbanization will cross the symbolic threshold of 50 percent early in the twenty-first century.

have tried to show the scale of the problem and suggest some actions our Government should take to help us out of our current economic quagmire. These have included giving our bureaucrats a short, sharp shock with the imposition of a four-day week; scrapping corporation tax; bringing in a False Claims Act; cutting the cost of politics; protecting our national assets; taking on the pensions and unit trust industry and standing up to the EU.

Brown inherited a growing economy, low inflation and rising tax revenues. If he had just done nothing, or stayed in bed, or taken up Scottish country dancing full time, or gone on holiday for the rest of his life and not meddled with the economy, he would have gone down in history as one of Britain's greatest ever chancellors.

or cheaper.

On much of the continent, it seems to me, solidarity, generosity, and resistance to every kind of personal confrontation, combined with a sense of being economically disinherited, all work together in financial matters

as long as we associate food preparation with "love" and "family," while a capitalist economy continually erodes the ties that bind, we will continue to reproduce these variations on nostalgia for the real

The great expanding centre of 'inner Britain', London, did not build ships but it built aeroplanes, it did not mine coal but it made electrical equipment, it did not grow food but it did process it – into beer, refined sugar, Horlicks and Mars bars. It made tyres, Hoovers, films.

I think capitalism is a good thing. The only problem with capitalism is that it destroys the planet, and that it's based on growth. I mean apart from those two little details it's got a lot to be said in its favour.

To balance China, the democracies will need new friends - and India with its fast-growing economy, youthful population, and democratic politics seems the obvious candidate.

Governments won't let Facebook use its superpower — negligence — to disrupt their economy. Enabling genocide in Myanmar is one thing, but messing with our ability to buy Chick-fil-A and Land Rovers is another level. — Scott Galloway, NYU Stern

In this sense, the value of a unit of currency is not the measure of the value of an object, but the measure of one's trust in other human beings.

Many hold that by floating the dollar, Nixon converted the U.S. currency into pure "fiat money"—mere pieces of paper, intrinsically worthless, that were treated as money only because the United States government insisted that they should be.

The end result was that, just as Socialist regimes had created millions of dummy proletarian jobs, capitalist regimes somehow ended up presiding over the creation of millions of dummy white-collar jobs instead.

Keynesian orthodoxy started from the assumption that capitalist markets would not really work unless capitalist governments were willing effectively to play nanny: most famously, by engaging in massive deficit "pump-priming" during downturns.

Of course, this is why doctrinaire libertarians, or, for that matter, orthodox Marxists, will always insist that our economy can't really be riddled with bullshit jobs; that all this must be some sort of illusion. But by a feudal logic, where economic and political considerations overlap, the same behavior makes perfect sense.

Fascination with the question of social inequality was relatively new in the 1700s, and it had everything to do with the shock and confusion that followed Europe's sudden integration into a global economy, where it had long been a very minor player.

the value of a unit of currency is not the measure of the value of an object, but the measure of one's trust in other human beings.

The definitive anthropological work on barter, by Caroline Humphrey, of Cambridge, could not be more definitive in its conclusions: "No example of a barter economy, pure and simple, has ever been described, let alone the emergence from it of money; all available ethnography suggests that there never has been such a thing.

In 1694, a consortium of English bankers made a loan of £1,200,000 to the king. In return they received a royal monopoly on the issuance of banknotes. What this meant in practice was they had the right to advance IOUs for a portion of the money the king now owed them to any inhabitant of the kingdom willing to borrow from them, or willing to deposit their own money in the bank—in effect, to circulate or "monetize" the newly created royal debt.