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Quotes About Economic

This gulf between hope and the heartbreak that is the lot of millions of black poor is nowhere better glimpsed than in the social and economic circumstances that batter the black family
~ Michael Eric Dyson
We give more economic aid to multinational corporations to increase their profits than we do to all the countries in the world combined.
~ Michael Hogan
They were diverse when it came to religion, age, economic status, philosophy, and race.
~ Unknown
The United States is in deficit on raw materials account, but is unwilling to limit its industrial expansion correspondingly. It is in surplus on farm products account, but is unwilling to limit its agriculture accordingly. The peoples of developing countries therefore are to be turned into the instrument through which the otherwise untenable U.S. economic process is perpetuated.
~ Michael Hudson
The IMF also said its own analysis of the future development of debt was wrong 'by a large margin.' … The IMF had originally projected Greece would lose 5.5% of its economic output between 2009 and 2012. The country has lost 17% in real gross domestic output instead. The plan predicted a 15% unemployment rate in 2012. It was 25%.
~ Michael Hudson
East thus avoided the economic polarization between creditors and debtors that ended up imposing bondage on most of classical antiquity.
~ Michael Hudson
A return to classical bank policy would deem loans fraudulent and annul debts when creditors do not lend with any reasonable calculation of how the debt can be paid in the normal course of economic life. Loans made without such a calculation should be considered predatory. The natural check on such behavior is to permit mortgage debtors to walk away from their homes, free of the debts attached to them, letting title revert to the banks that over-lent.
~ Michael Hudson
Page had been suckered. Podobnyy was a Russian intelligence officer working for the SVR, Moscow's foreign intelligence service. He was part of a three-man spy ring that had been handed the assignment of gathering information related to potential U.S. sanctions against Russia, American efforts to develop alternative energy, and other economic topics.
~ Michael Isikoff
Construing populist protest as either malevolent or misdirected absolves governing elites of responsibility for creating the conditions that have eroded the dignity of work and left many feeling disrespected and disempowered. The diminished economic and cultural status of working people in recent decades is not the result of inexorable forces; it is the result of the way mainstream political parties and elites have governed.
~ Michael J. Sandel
Tone-deaf to the mounting resentments of those who had not shared in the bounty of globalization, they missed the mood of discontent. The populist backlash caught them by surprise.
~ Michael J. Sandel
de que esos agravios no son solo económicos, sino también morales y culturales; de que no tienen que ver únicamente con los salarios y los puestos de trabajo, sino que atañen asimismo a la estima social.
~ Michael J. Sandel
But understanding the role of the public sector in the co-production of economic output allows a more profound perspective. Taxation is the means by which economic actors pay the public sector for its contribution to the productive process. The orthodox model claims that reducing the share of taxation in overall economic output will tend to strengthen growth. If taxation is used productively by an active public sector, the opposite can be the case.
~ Unknown
Designed to leave the world's economic destiny at the mercy of bankers and multinational corporations, Globalization is a logical extension of imperialism, a victory of empire over republic, international finance capital over democracy.
~ Michael Parenti
Capitalism is not just an economic system but an entire social order. Once it takes hold, it is not voted out of existence by electing socialists or communists.
~ Michael Parenti
Why should government employees receive them? Existing pensions must be renegotiated to reflect economic reality.
~ Michael Savage
Belief change comes from a combination of personal psychological readiness and a deeper social and cultural shift in the underlying zeitgeist, which is affected in part by education but is more the product of larger and harder-to-define political, economic, religious, and social changes.
~ Michael Shermer
The problem is not changing people's consciousnesses---or what's in their heads---but the political, economic, institutional regime of the production of truth.
~ Unknown
Igual que el liberalismo económico desenfrenado, y por motivos análogos, el liberalismo sexual produce fenómenos de empobrecimiento absoluto. Algunos hacen el amor todos los días; otros cinco o seis veces en su vida, o nunca. Algunos hacen el amor con docenas de mujeres; otros con ninguna. Es lo que se llama la «ley del mercado».
~ Michel Houellebecq
Perestroika is an urgent necessity arising from the profound processes of development in our socialist society. This society is ripe for change. It has long been yearning for it. Any delay in beginning perestroika could have led to an exacerbated internal situation in the near future, which, to put it bluntly, would have been fraught with serious social, economic, and political crises.
~ Mikhail Gorbachev
The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
~ Milton Friedman
Fair or no, immigration is considered in the context of economic scarcity, fear of terrorism, wars and geopolitical conflicts, which may be incipient stages of informal proxy wars.
~ Min Jin Lee
Make no mistake, in this campaign, I will offer the American ideals of economic freedom a clear and unapologetic defense.
~ Mitt Romney
America's downgrade may serve as a wakeup call for its policymakers. It is an unambiguous and loud signal of the country's eroding economic strength and global standing. It renders urgent the need to regain the initiative through better economic policymaking and more coherent governance.
~ Mohamed El-Erian
When coupled with economic circumstances that are precarious or deteriorating, that predisposition to equate change with threat becomes doubly potent.
~ Moisés Naím