Unlike Hegel's progress model of history, which moves by stages, each containing its own logic of growth and decline, the economic model develops as the simple function of one money-variable over time, with a long-term trend which increases monotonically.
Official opposition to overall economic planning and planning controls has been characterized in a recent editorial as "Papa knows best." But it is precisely because Papa does not know best that I believe that Government should not presume to tell any businessman or industrialist what he should or should not do, far less what he may or not do; and no matter how it may be dressed up that is what planning is.
Revenue has increased in this way is in no small measure, I am convinced, due to our low tax policy which has helped to generate an economic expansion in the face of unfavourable circumstances.
I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.
While [European] national cultures were concocted to distinguish one economic unit of capital from another, civilizational thinking was invented to unify these cultures against their colonial consequences. Islamic, Indian, or African civilizations were invented contrapuntally by Orientalism... in order to match, balance and thus authenticate 'Western Civilization'.
I have been accused of being ignorant of economics (although I am the founder and Chairman of the Board of a company which publishes seven professional economic newsletters), of being ignorant of sociology (although I am trained in sociology and was C. Wright Mills' research assistant at Columbia), of being unable to use statistics (although I earned my living as a professional statistician for five years) and of ignoring political factors (although all my graduate training was in political science).
The economic function of space industrialization is to generate jobs on Earth, not in space.
A market is not politically neutral; its existence creates economic power which one actor can use against another.
Trade is the oldest and most important economic nexus among nations. Indeed, trade along with war ha been central to the evolution of international relations.
Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, preserve a false domestic prosperity, and mask the consequences of its relative political and economic decline.
The economic success of the Reagan Administration was largely dependent upon the pyramiding of massive debt and the siphoning of capital from the rest of the world.
But please remember, that in 1991 in the Sejm [lower chamber of polish parliament] I didn't demand the abolishment of Special Economic Zones. I demanded the creation of a single Special Economic Zone - which would encompass the whole country!
Whenever Canada moves to protect its own industries and people, it is subjected to violent attacks in the U.S. Congress and to threats of economic retaliation.
The green shoots of economic spring are appearing once again.
It is an assumption brought forth countless of times in various contexts that the world would be better, drifting slower towards the ruin, if women had the "power"; if political leadership, decision making, government and economic life was in the hands of women. I think reality, the observation material, supports the assumption.
When we planned our country's economic development, we had the strategic objective of our Revolution in mind. It was not planned for economic development [to be] solely an end in itself. There are some who have forgotten that the sole basis of our revolutionary struggle was the ideology and politics which we follow.
Demonstrators for a government takeover of medicine have a right to discuss their demands, but no right to enact these demands.
But public works, economic protectionism, cheap money, "deficit-financed government spending," and "the animal spirits of the spendthrift in the service of boosting "consumption demand"... Doesn't Keynesianism simply appeal to the worst in human nature?
There will be no peace in Europe if the States rebuild themselves on the basis of national sovereignty, with its implications of prestige politics and economic protection... The countries of Europe are not strong enough individually to be able to guarantee prosperity and social development for their peoples. The States of Europe must therefore form a federation or a European entity that would make them into a common economic unit.
I definitely want to focus on economic development, because that is what is needed in the community, as well as education.
It is not pretended that, at the present stage of its development, economic science is able to provide an organon even remotely approaching to what it imagines for itself as its ideal.
The corporatist-economic model of society appears to be governing us. Economists, often in the pay of transnationals, are deciding, for us, what democracy is, and will be.
I have never forgotten how the deprivation of work erodes human beings, those not working and those related to them. And from that time on, I loathed an economic that could put a huge part of its workforce on the streets with no compunction.
Only the power of unbounded love practiced in regard to all human beings can defeat the forces of interhuman strife, and can prevent the pending extermination of man by man on this planet. Without love, no armament, no war, no diplomatic machinations, no coercive police force, no school education, no economic or political measures, not even hydrogen bombs can prevent the pending catastrophe.
One of the most insidious consequences of the present burden of personal income tax is that it strips many middle class families of financial reserves & seems to lend support to campaigns for socialized medicine, socialized housing, socialized food, socialized every thing. The personal income tax has made the individual vastly more dependent on the State & more avid for state hand-outs. It has shifted the balance in America from an individual-centered to a State-centered economic & social system.
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