Economic Quotes - Page 24

• I believe that the 21st century economy is an economy of people, not of factories. The intellectual factor has become increasingly important in the economy, which is why we are planning to focus on providing additional opportunities for people to realise their potential.

  Vladimir Putin

  Honesty, Responsibility, Power

  Prime Minister Vladimir Putin’s Speech at the Opening Ceremony of the World Economic Forum, archive.premier.gov.ru. January 28, 2009.

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• Frankly speaking, we all know that provoking military and political instability, regional, and other conflicts is a helpful means of distracting the public from growing domestic social and economic problems in certain countries. Such attempts cannot be ruled out, unfortunately.

  Vladimir Putin

  Honesty, Military, Responsibility

  Prime Minister Vladimir Putin’s Speech at the Opening Ceremony of the World Economic Forum, archive.premier.gov.ru. January 28, 2009.

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• We have spoken on many occasions of the need to achieve high economic growth as an absolute priority for our country. The annual address for 2003 set for the first time the goal of doubling gross domestic product within a decade.

  Vladimir Putin

  Country, Goal, Priorities

  Annual Address to the Federal Assembly, en.kremlin.ru. May 10, 2006.

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• Capitalism might be defined, if we wish to be scientific, as a form of economic organization motivated by the pursuit of profit within a price structure.

  Carroll Quigley

  Organization, Wish, Might

  Carroll Quigley (1979). “The evolution of civilizations: an introduction to historical analysis”, Liberty Fund Inc.

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• Paradoxically, it has turned out that game theory is more readily applied to biology than to the field of economic behavior for which it was originally designed

  John Maynard Smith

  Games, Fields, Biology

  John Maynard Smith (1982). “Evolution and the Theory of Games”, p.7, Cambridge University Press

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• There is grim irony in speaking of the freedom of contract of those who, because of their economic necessities, give their service for less than is needful to keep body and soul together.

  Harlan F. Stone

  Giving, Soul, Together

  Morehead v. N.Y. ex rel. Tipaldo, 298 U.S. 587, (632), 1936.

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• Economists tell us that the 'price' of an object and its 'value' have very little or nothing to do with one another. 'Value' is entirely subjective economic value, anyway while 'price' reflects whatever a buyer is willing to give up to get the object in question, and whatever the seller is willing to accept to give it up. Both are governed by the Law of Marginal Utility, which is actually a law of psychology, rather than economics. For government to attempt to dictate a 'fair price' betrays complete misunderstanding of the entire process.

  L. Neil Smith

  Giving Up, Government, Law

  "Ceres". Book by L. Neil Smith, 2009.

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• Repealing drug laws would remove the risks involved with producing and distributing drugs, bringing 'street prices' crashing down (it's estimated that a 'spoon' of heroin would cost about a quarter in the free market), thereby eradicating any incentive that criminals might have to compete with legitimate businesses, and greatly reducing if not eliminating altogether any economic reason to 'push' drugs on children.

  L. Neil Smith

  Children, Law, Risk

  "Some Random Thoughts About the War On Drugs". The Libertarian Enterprise, www.ncc-1776.org. June 13, 2010.

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• Despite the Internet 's origin in the late 1960s as a government sponsored means of communication between the Department of Defense, private industry, and academia, it has been at its best and generated the greatest economic, social, and technological benefits since it was 'liberated' by the hordes of 'geeks' who were originally hired to run it by employers who were not themselves conversant with computers, and couldn't tell when their employees were exchanging official traffic or trading dirty jokes and recipes for marijuana brownies.

  L. Neil Smith

  Running, Communication, Dirty

  "Keep Your Filthy Hands Off The Internet". The Libertarian Enterprise, www.ncc-1776.org. June 20, 2010.

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• Christians have oppressed Jews, Moslems, Buddhists, Pagans, and each other throughout their centuries of power, preaching religious intolerance as the word of Jehovah whenever they had the military, political, or economic power to make it stick - and then piously preaching brotherhood, peace, and toleration when they didn't.

  Isaac Bonewits

  Christian, Religious, Buddhist

  "Understanding the Religious Reich or The American and World-Wide Threat of Fundamentalism" by Isaac Bonewits, Version 2.6, www.neopagan.net. 1990.

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• The economic prerequisites for the socialist revolution are fully matured in the US. The political premises are likewise far more advanced than might appear on the surface.

  James P. Cannon

  Political, Might, Revolution

  James P. Cannon (2000). “Fighting for Socialism in the 'American Century'”, p.148, Resistance Books

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• Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control).

  Nassim Nicholas Taleb

  Anxiety, Citizens, Use

  "Ten Principles for a Black Swan-proof World". www.ft.com. April 07, 2009.

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• Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients and yet events, it turns out, are almost always outlandish.

  Nassim Nicholas Taleb

  Opportunity, Errors, Political

  Nassim Nicholas Taleb (2010). “The Black Swan: Second Edition: The Impact of the Highly Improbable Fragility"”, p.149, Random House

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• Countries that censor news and information must recognize that from an economic standpoint, there is no distinction between censoring political speech and commercial speech. If businesses in your nations are denied access to either type of information, it will inevitably impact on growth.

  Hillary Clinton

  Country, Impact, Political

  Newseum Address on Internet Freedom, delivered 21 January 2010, Washington, D.C.

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• Like so many empires before it, the Soviet Union eventually imploded and fragmented, falling victim not so much to a direct military defeat as to disintegration accelerated by economic and social strains.

  Zbigniew Brzezinski

  Military, Fall, Empires

  Zbigniew Brzezinski (1998). “The Grand Chessboard: American Primacy And Its Geostrategic Imperatives”, p.9, Basic Books

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• The dynamic character of China's nonstatist economic transformation, including its social openness to the rest of the world, is not mutually compatible in the long run with a relatively closed and bureaucratically rigid Communist dictatorship.

  Zbigniew Brzezinski

  Running, Character, Long

  Zbigniew Brzezinski (2016). “The Grand Chessboard: American Primacy And Its Geostrategic Imperatives”, p.161, Basic Books

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• The most widely discussed formulation of [the One World model] was the "end of history" thesis advanced by Francis Fukuyama. "We may be witnessing," Fukuyama argued, "the end of history as such: that is, the end point of mankind's ideological evolution and the universalization of Western liberal democracy as the final form of human government." The future will be devoted not to great exhilarating struggles over ideas but rather to resolving mundane economic and technical problems. And, he concluded rather sadly, it will all be rather boring.

  Samuel P. Huntington

  Struggle, Government, Ideas

  "The Clash of Civilizations and the Remaking of World Order". Book by Samuel P. Huntington. Chapter 1: "The New Era in World Politics," § 3: "Other Worlds?," p. 31, 1996.

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• If, of course, one builds into the concept of an 'individual' all that Professor Hayek does in his Road To Serfdom, Individualism and Economic Order and many other works, which is, to put it briefly, the whole of laisser-faire economic theory, then plainly man as such a programmed predator has very little interest in being fraternal, or very little chance.

  Bernard Crick

  Men, Order, Doe

  Bernard Crick (1993). “In Defense of Politics”, p.234, University of Chicago Press

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• Libertarians have always battled the age-old scourge of war. They understood that war brought death and destruction on a grand scale, disrupted family and economic life, and put more power in the hands of the ruling class - which might explain why the rulers did not always share the popular sentiment for peace. Free men and women, of course, have often had to defend their own societies against foreign threats; but throughout history, war has usually been the common enemy of peaceful, productive people on all sides of the conflict.

  David Boaz

  War, Men, Class

  David Boaz (2015). “The Libertarian Mind: A Manifesto for Freedom”, p.28, Simon and Schuster

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• 'Code sharing' is an economic surplus phenomenon. It works only when none of the people involved in it are in any form of need.

  Erik Naggum

  People, Needs, Form

  "Realistic but short and simple LISP examples?". Usenet discussion groups, groups.google.com. December 19, 2001.

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• Art and work and art and life are very connected and my whole life has been absurd. There isn't a thing in my life that has happened that hasn't been extreme - personal health, family, economic situations...absurdity is the key word.

  Eva Hesse

  Art, Keys, Absurd

  "Art since 1940, strategies of being". Book by Jonathan Fineberg, copyright Prentice Hall, Inc., 1995.

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• As a businessman, I know President Obama understands what it takes to spark economic growth, because I have seen him in action.

  Austin Ligon

  Growth, President, Sparks

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• If environmental protection efforts continue to lag behind economic growth, pollution will become even more rampant.

  Zhou Shengxian

  Effort, Growth, Environmental

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• These are tough and unusual times and I don't see the negative global economic situation abating anytime soon.

  James McNerney

  Negative, Tough, Unusual

  "3M Plans to Cut 1,000 More Jobs". www.foxnews.com. January 18, 2002.

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• Facts have proved that prosperity at the expense of the environment is only delaying disaster. We cannot passively protect our environment by simply stopping economic development.

  Zhou Shengxian

  Stopping, Development, Facts

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