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Economic Quotes
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The prerequisite for more economic equality in the world is industrialization. And this is possible only through increased capital investment, increased capital accumulation. (Economic Quotes)
One of the more difficult tasks for me as president was to decide on the issue of confirming capital punishment awarded by courts... to my surprise... almost all cases which were pending had a social and economic bias. (Economic Quotes)
Here’s what I don’t think works: An economic system that was founded in the 16th century and another that was founded in the 19th century. I’m tired of this discussion of capitalism and socialism; we live in the 21st century; we need an economic system that has democracy as its underpinnings and an ethical code. (Economic Quotes)
Socialism failed because it couldn’t tell the economic truth. Capitalism may fail because it couldn’t tell the ecological truth. (Economic Quotes)
Interventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism by a series of successive steps. (Economic Quotes)
While I have questions about the language used in describing the two economic systems, I think people have fairly good gut sense of the difference between socialism and capitalism. (Economic Quotes)
...capitalism is too important and complex a subject to be left to economists. Achieving a critical comprehension of it requires perspectives beyond those characteristic of modern economics. That is why this is a history not of economic ideas, but of ideas beyond the capitalist economy. (Economic Quotes)
There’s something about China and its rush to capitalism that I find confusing. At the same time, we live in an America where capitalists oppose any government interference with free markets, while in China you have a very controlled, state-planned market where economic growth is better than ours. (Economic Quotes)
Renewable energy has economic advantages that extend beyond steady, predictable electric rates - and Maine is in a good position to capitalize on those opportunities. (Economic Quotes)
America’s peak years of indigenous innovation ran from the 1820s to the 1960s. There were a few financial panics and two depressions, to be sure. But in this period, a frenzy of creative activity, economic competition and rapid growth in national income provided widening economic inclusion, rising wages for all, and engaging careers for most. (Economic Quotes)
I’ve met very few professional land surveyors who regret their career path, and even fewer, who are out of work, even during economic slowdowns. (Economic Quotes)
The When Women Succeed, America Succeeds economic agenda will enable women to achieve greater economic security, raise wages for women and their families, and better allow working parents to support and care for their families. (Economic Quotes)
Like almost every major infrastructure, the Internet can be abused and its users harmed. We must, however, take great care that the cure for these ills does not do more harm than good. The benefits of the open and accessible Internet are nearly incalculable, and their loss would wreak significant social and economic damage. (Economic Quotes)
Class - or the economic status of individuals - is evident in all societies, some very well stratified by a rigid caste system determined by birth. (Economic Quotes)
There were three causes that accounted for the proclamation of martial law in Poland. First it was the progressing economic ruin of the country. Second, it was the decomposition of the functioning of the state. And third, a threat of a civil war. (Economic Quotes)
I used to think that the causes of war were predominantly economic. I came to think that they were more psychological. I am now coming to think that they are decisively personal, arising from the defects and ambitions of those who have the power to influence the currents of nations. (Economic Quotes)
Most of the policies that support robust economic growth in the long run are outside the province of the central bank. (Economic Quotes)
Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound. (Economic Quotes)
If you start from a belief that the most knowledgeable person on earth does not have even one percent of the total knowledge on earth, that shoots down social engineering, economic central planning, judicial activism and innumerable other ambitious notions favored by the political left. (Economic Quotes)
Precarity designates that politically induced condition in which certain populations suffer from failing social and economic networks of support and become differentially exposed to injury, violence, and death. (Economic Quotes)
In my estimation, there should always be a mixture of economic liberalism - which means small government, a great emphasis on markets - but also a certain degree of social conservatism, not to favor change unless that change is beneficial. So I describe myself as an economic liberal and a social conservative. (Economic Quotes)
In all societies that have applied a form of socialism, a certain degree of social economic equality has been achieved. (Economic Quotes)
That economic decisions are made without certain knowledge of the consequences is pretty self-evident. But, although many economists were aware of this elementary fact, there was no systematic analysis of economic uncertainty until about 1950. (Economic Quotes)
The rapid rise of the People’s Republic of China as a military and economic power is challenging the status quo. (Economic Quotes)
The development of a political-economic framework to explore long-run institutional change occupied me during all of the 1980s and led to the publication of Institutions, Institutional Change and Economic Performance in 1990. (Economic Quotes)
There is no great force for change, for peace, for justice and democracy, for inclusive economic growth than a world of empowered women. (Economic Quotes)
Out of economic hardship can come change - we are suddenly cast onto our wits and our talents and our resources and our strengths, as we lose all the choices we once had. (Economic Quotes)
Part of my advantage is that my strength is economic forecasting, but that only works in free markets, when markets are smarter than people. That’s how I started. I watched the stock market, how equities reacted to change in levels of economic activity, and I could understand how price signals worked and how to forecast them. (Economic Quotes)
The collapse of the Soviet bloc ended the massive subsidies that had kept the Cuban economy afloat. The once-vaunted education and health care systems fell into disrepair. Fidel Castro’s stubbornness, meanwhile, made political and economic change difficult in Cuba. (Economic Quotes)
Jobs are critically important, but looking at economic change through the impact on jobs has always been a difficult way to think about economic progress. (Economic Quotes)