Quotes About Economic

It's obvious the Green Industrial Revolution will challenge orthodox political and economic thinking. That requires bravery from both politicians and electorates.

Investment in our people through education, no matter at what level, is an investment in economic development.

As we continue to discuss ways to make our environment cleaner, and more just, for generations to come we must not forget our nation's history of racial and economic injustice and the health outcomes it's led to.

The harsh terms imposed on Germany created the economic and political atmosphere that enabled the Nazis to come to power.

Herbert Samuel believed the tensions between Jews and Arabs could be neutralized through the benefits of effective health and education systems. He tended to view the conflict in social and economic terms, which was an illusion. The conflict between the Jews and Arabs in Palestine was not principally economic but national.

I am a Socialist not through reading a textbook that has caught my intellectual fancy, nor through unthinking tradition, but because I believe that, at its best, Socialism corresponds most closely to an existence that is both rational and moral. It stands for co-operation, not confrontation; for fellowship, not fear. It stands for equality, not because it wants people to be the same but because only through equality in our economic circumstances can our individuality develop properly.

Medicine becomes pragmatic solidarity when it is delivered with dignity to the destitute sick... By including social and economic rights in the struggle for human rights, we help to protect those most likely to suffer the insults of structural violence.

I don't mean that conservatism in general is dying. But what I and others mean by "movement conservatism," a term I think I learned from the historian Rick Perlstein, is something more specific: an interlocking set of institutions and alliances that won elections by stoking cultural and racial anxiety but used these victories mainly to push an elitist economic agenda, meanwhile providing a support network for political and ideological loyalists.

And the decline of unions has made a huge difference. Consider the case of trucking, which used to be a good job but now pays a third less than it did in the 1970s, with terrible working conditions. What made the difference? De-unionization was a big part of the story.

It is important," said Theodore Roosevelt in 1906, "to grapple with the problems connected with the amassing of enormous fortunes"—some of them, he declared, "swollen beyond all healthy limits.

a laboratory of social and economic horror.

The town of San Luis, just down the road, is larger and slightly better off because it is an important border crossing. Mexicans from the other side at San Luis Río Colorado shop at the Walmart Super Center and the stores on Main Street.

The underlying intellectual argument for seeking to tax economic rents retains its force.

The arts are an integral part of the city's economic progress.

But shale drilling needed another technology to be economic. This was horizontal drilling.

in a country in which almost three hundred million people live on the equivalent of $1.25 a day, poverty and economic growth cannot be separated from energy. The energy issues India faces reflect, in a giant-sized way, those of many developing countries.

And aspirations will come up against an ineluctable reality—today's energy system, which is more than 80 percent based on oil, natural gas, and coal, with a huge embedded investment in infrastructure and supply chains—all of which will be required to meet the energy needed during the recovery period and get back on the economic growth track (see Figure 3).

This process of innovation is made possible by economic institutions that encourage private property, uphold contracts, create a level playing field, and encourage and allow the entry of new businesses that can bring new technologies to life. It should therefore be no surprise that it was U.S. society, not Mexico or Peru, that produced Thomas Edison, and that it was South Korea, not North Korea, that today produces technologically innovative companies such as Samsung and Hyundai.

Technological innovation makes human societies prosperous, but also involves the replacement of the old with the new, and the destruction of the economic privileges and political power of certain people.

Economic institutions that create incentives for economic progress may simultaneously redistribute income and power in such a way that a predatory dictator and others with political power may become worse off.

In the same way, current Chinese growth has nothing to do with Chinese values or changes in Chinese culture; it results from a process of economic transformation unleashed by the reforms implemented by Deng Xiaoping and his allies, who, after Mao Zedong's death, gradually abandoned socialist economic policies and institutions, first in agriculture and then in industry.

Though the policies of Stalin and subsequent Soviet leaders could produce rapid economic growth, they could not do so in a sustained way. By the 1970s, economic growth had all but stopped. The most important lesson is that extractive institutions cannot generate sustained technological change for two reasons: the lack of economic incentives and resistance by the elites.

As such, the usual pattern of interaction between a critical juncture and existing institutional differences leading to further institutional and economic divergence played out again in the nineteenth century, and this time with an even bigger bang and more fundamental effects on the prosperity and poverty of nations.

Under inclusive economic institutions, wealth is not concentrated in the hands of a small group that could then use its economic might to increase its political power disproportionately. Furthermore, under inclusive economic institutions there are more limited gains from holding political power, thus weaker incentives for every group and every ambitious, upstart individual to try to take control of the state.