Economic Quotes - Page 7

• Economics is extremely useful as a form of employment for economists.

  John Kenneth Galbraith

  Government, Home Economics, Employment

  "Biography/ Personal Quotes". www.imdb.com.

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• As sure as the spring will follow the winter, prosperity and economic growth will follow recession.

  Robert Foster Bennett

  Spring, Winter, Growth

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• We learned that economic growth and environmental protection can and should go hand in hand.

  Christopher Dodd

  Hands, Growth, Environmental

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• The common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality.

  Ludwig von Mises

  Men, Liberty, Quality

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.1, Ludwig von Mises Institute

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• One of the methods used by statists to destroy capitalism consists in establishing controls that tie a given industry hand and foot, making it unable to solve its problems, then declaring that freedom has failed and stronger controls are necessary.

  Ayn Rand

  Hands, Feet, Ties

  Ayn Rand (1990). “The Voice of Reason: Essays in Objectivist Thought”, p.139, Penguin

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• The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power... Any system which gives so much power and so much discretion to a few men, [so] that mistakes - excusable or not - can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic - this is the key political argument against an independent central bank.

  Milton Friedman

  Trust, Mistake, Independent

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• [T]he theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of production and distribution of a given output produced under the conditions of free competition and a large measure of laissez-faire.

  John Maynard Keynes

  Book, Competition, Liberty

  "The General Theory of Employment, Interest and Money". Book by John Maynard Keynes, Preface to the German Edition, February, 1936.

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• Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.

  Walter E. Williams

  Liberty, Increase, Symptoms

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• What we call the market is really a democratic process involving millions, and in some markets billions, of people making personal decisions that express their preferences. When you hear someone say that he doesn't trust the market, and wants to replace it with government edicts, he's really calling for a switch from a democratic process to a totalitarian one.

  Walter E. Williams

  Government, People, Decision

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• We see community organizations as major service providers and economic drivers rather than as recipients or distributors of charity, and coordinators of volunteers. Today they constitute what's referred to as 'the social economy'.

  Julia Gillard

  Organization, Volunteer, Community

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• The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.

  Ben Bernanke

  Bankers, Economics, Crash

  "A Crash Course for Central Bankers" by Ben Bernanke, foreignpolicy.com. Novemeber 20, 2009.

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• If we are going to carry on growing, and we will, because no country is going to forfeit its right to economic growth, we have to find a way of doing it sustainably.

  Tony Blair

  Country, Business, Growth

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• We have to shift our emphasis from economic efficiency and materialism towards a sustainable quality of life and to healing of our society, of our people and our ecological systems.

  Janet Holmes a Court

  Life, Business, Healing

  "Visions: Turkish Earthquake - an Islamic apocalyptic sign? The dream of Janet Holmes a' Court and a republican prophet - John Dunmore Lang". Interview with John Cleary, www.abc.net.au. August 25, 1999.

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• For America's economic future to remain prosperous, we must encourage pro-growth policies so that we continue to be the leader in innovation and entrepreneurship.

  John Ensign

  Encouragement, America, Leader

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• The world is poised on the cusp of an economic and cultural shift as dramatic as that of the Industrial Revolution.

  Steven Levy

  World, Revolution, Dramatic

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• Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through.

  Timothy Geithner

  World, Financial, Modern

  "Geithner's Speech to the Economic Club of Washington" by Timothy Geithner, www.realclearpolitics.com. April 22, 2009.

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• The realities of the modern global economy require government to play a substantial role in ensuring the national and economic security of the people.

  Matthew Continetti

  Reality, Play, Government

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• Economic sanctions rarely achieve the desired results.

  Omar Bongo

  Economic Sanctions, Achieve, Results

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• I found that our Soviet espionage efforts had virtually never, or had very seldom, produced any worthwhile political or economic intelligence on the Soviet Union.

  Aldrich Ames

  Effort, Political, Unions

  Biography/Personal Quotes, www.imdb.com.

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• Over-reliance on strictly economic justifications has already begun to hurt the quality and range of education at every level of American life.

  Charles M. Vest

  Education, Hurt, Quality

  "An Interview with MIT President Charles M. Vest". news.mit.edu. December 10, 1997.

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• The New Deal was going to redistribute the national income according to ideals of social and economic justice.

  Garet Garrett

  Justice, Income, Social

  Garet Garrett (1944). “The Revolution was”

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• We must prepare the ground for creativity. And if this also gives rise later to success in the economic sense, success in terms of Euros and Cents, this will by no means reduce my joy.

  Johannes Rau

  Creativity, Mean, Giving

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• The publication of the third volume of Capital has made hardly any impression upon bourgeois economic science.

  Rudolf Hilferding

  Volume, Made, Impression

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• In economic panics throughout history, the wiping out of the savings accounts of lower earners and the middle class has often led to social revolution, sometimes violent upheavals.

  Nick Clooney

  Class, Wiping Out, Saving

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• As a result of the World War, this old Germany collapsed. It collapsed in its constitution, in its social order, in its economic structure. Its thinking and feeling changed.

  Gustav Stresemann

  War, Thinking, Order

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