Quotes About Economic

William H. Davis, then director of the government's Office of Economic Stabilization, estimated that industry was so profitable it could raise wages as much as 40 to 50 percent without raising prices. President Harry S. Truman, who felt he had enough on his plate without getting involved in management-labor disputes, repudiated Davis's calculation and announced Davis was out of a job.

The 400 richest Americans now have more wealth than the entire bottom half of earners—150 million Americans—put together.

Romney is right: free enterprise is on trial. But he's wrong about the question at issue in that trial. It's not whether America will continue to reward risk taking. It's whether an economic system can survive when those at the top get giant rewards no matter how badly they screw up while the rest of us get screwed no matter how hard we work.

Companies are not citizens. They are bundles of contracts. The purpose of companies is to play the economic game as aggressively as possible. The challenge for us as citizens is to stop them from setting the rules. Keeping supercapitalism from spilling over into democracy is the only constructive agenda for change. All else, as I shall make clear, is frolic and detour.

Socialism for the Rich, Harsh Capitalism for the Rest

The fundamental assumption underlying all software projects is that software is easy to change. If you violate this assumption by creating inflexible structures, then you undercut the economic model that the entire industry is based on. In

Hence class struggle, of which the recent emergency measures were an expression, must be seen as a normal phenomenon under the NEP.

We live in a world that seems increasingly beyond our control. Our livelihoods are at the whim of globalized forces. The problems that we face—economic, environmental, and so on—cannot be solved by our individual actions.

I also hope to challenge financial thinkers to improve their theories by testing them against the impressive evidence that suggests that the price level is more than merely the sum of the available economic information, as is now generally thought to be the case.

narratives are major vectors of rapid change in culture, in zeitgeist, and in economic behavior.

The more income inequality, the less likely people are to help someone (in an experimental setting) and the less generous and cooperative they are in economic games.

Let us leave in suspension such debates about the economic costs of the War and look at another kind of cost, a kind more subtle, pervasive, and continuing, a kind that conditions in a thousand ways the temper of American life today. This cost is psychological, and it is, of course, different for the winner and the loser.

Fired by an emotional faith in spontaneity, the common-sense attitude toward change was discarded in favor of a mystical readiness to accept the social consequences of economic improvement

I'm glad the President finally found an economic development program. I'm just sad that it's only in Baghdad.

In this time of budget cuts, we cannot forget that basic science is a building block for scientific innovation and economic growth in the information age.

We should try to introduce our children to science today as a rebellion against poverty and ugliness and militarism and economic injustice.

Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity.

President Obama said he plans on training 10,000 new math and science teachers. How about teaching math to that economic team of his?

A global human society, characterised by islands of wealth, surrounded by a sea of poverty, is unsustainable

Education affects every major challenge we face in society. It creates economic growth, paves the way for peace and stability and helps erase the legacy of marginalization.

Wealth is so concentrated that a large segment of society is virtually unaware of its existence.

And I do believe that the way to change a society, to uplift people - not just their spirit, but to uplift their society and economic base - is through education.

the wise.5 This view had been the fundamental feature of his image of the world and the basis of his conduct in life. It justified the structure of his economic existence. He could permit his livelihood to be assured by his brother's strenuous and dangerous work, so that Maimonides could devote himself to realizing his plans in peace and quiet. This view also had a place in his self-confidence and probably aroused a certain awareness of the relationship of providence to his own life.

I cannot get used to the dispassion with which wealthy Greeks contemplate their impoverished compatriots;