Economy Quotes - Page 20

• We're subject to the same forces of capitalism that have built the entire American economy. Strong returns induce more capital flow, which creates more competitors, and you have to evolve and get better, or you die.

  Kenneth C. Griffin

  Strong, Get Better, Flow

  "Citadel Boss Won't Be Hedging On Day Job". Chicago Tribune, March 2006.

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• Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.

  Jim Stanford

  Function, Interest, Wells

  Jim Stanford (2008). “Economics for everyone: a short guide to the economics of capitalism”, Pluto Pr

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• Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. ... In developed capitalist economies, private consumption spending accounts for half or more of GDP.

  Jim Stanford

  Capitalist Economy, Gdp, Important

  Jim Stanford (2008). “Economics for everyone: a short guide to the economics of capitalism”, Pluto Pr

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• One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them.

  Jim Stanford

  People, Poverty, Wealth

  Jim Stanford (2008). “Economics for everyone: a short guide to the economics of capitalism”, Pluto Pr

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• The only factor that poses a genuine challenge to the current order is the willingness of human beings to reject the injustice and irrationality of this economy, and stand up for something better. Capitalism will not fall-rather, it must be pushed.

  Jim Stanford

  Fall, Order, Challenges

  "Economics For Everyone". Book by Jim Stanford, 2008.

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• Authoritarian governments are now trying to ensure that the increasingly free flow of ideas and information through cyberspace fuels their economies without threatening their political power.

  Ian Bremmer

  Government, Ideas, Political

  "Democracy in Cyberspace". Foreign Affairs, November/December 2010.

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• The ideal situation for any state is to experience sharp economic growth while its rivals' economies grow slowly or hardly at all.

  John Mearsheimer

  Growth, Rivals, Economic

  John J. Mearsheimer (2003). “The Tragedy of Great Power Politics (Updated Edition)”, p.161, W. W. Norton & Company

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• The Soviet Union and its empire disappeared in large part because its smokestack economy could no longer keep up with the technological progress of the world's major economic powers.

  John Mearsheimer

  Progress, World, Unions

  John J. Mearsheimer (2003). “The Tragedy of Great Power Politics (Updated Edition)”, p.219, W. W. Norton & Company

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• Our own economy tells us to take as much as we can get, right? Our own economy says, you're going to be the most successful graduate if you go into the business world and take as much you can get. That's not how nature works. Nature has a much simpler economy. Everything in nature takes what it needs. That's it. You don't see an oak tree gathering up all the resources. An oak tree takes what it needs to be the authentic oak tree it is.

  Tom Shadyac

  Successful, Simplicity, Tree

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• The transition from coal, oil, and gas to wind, solar, and geothermal energy is well under way. In the old economy, energy was produced by burning something - oil, coal, or natural gas - leading to the carbon emissions that have come to define our economy. The new energy economy harnesses the energy in wind, the energy coming from the sun, and heat from within the earth itself.

  Lester R. Brown

  Oil, Carbon Emissions, Wind

  "Plan B 4.0: Mobilizing to Save Civilization". Book by Lester R. Brown, October 5, 2009.

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• We usually think that a strong economy leads to an increase in life satisfaction among the population. We found that's not the case in Scotland.

  David Blanchflower

  Strong, Thinking, Scotland

  Dartmouth College news release, July 30, 2004.

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• We want to ensure a multilateral development of society, the thriving of all sides of social life, economy, science and culture, the improvement of management, the moulding of the new man and the promotion of socialist ethics and equity.

  Nicolae Ceausescu

  Men, Culture, Want

  Nicolae Ceaușescu (1983). “Nicolae Ceaușescu, builder of modern Romania and international statesman”, Pergamon

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• I think it is fair to say that 2007 represents a turning point for the Irish economy.

  Brian Cowen

  Thinking, Turning Points, Fairs

  "Lenihan Has No Choice but to Stick to His Guns". www.irishtimes.com. November 13, 2009.

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• Over a wide field of our economy it is still the better course to rely on the nineteenth century's "hidden hand" than to thrust clumsy bureaucratic fingers into its sensitive mechanism. In particular, we cannot afford to damage its mainspring, freedom of competitive enterprise.

  John James Cowperthwaite

  Hands, Fields, Damage

  Official Report of Proceedings of the Hong Kong Legislative Council (p. 133), March 30, 1962.

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• I largely agree with those that hold that Government should not in general interfere with the course of the economy merely on the strength of its own commercial judgment. If we cannot rely on the judgment of individual businessmen, taking their own risks, we have no future anyway.

  John James Cowperthwaite

  Government, Risk, Judgment

  Official Report of Proceedings of the Hong Kong Legislative Council (p. 215), March 24, 1966.

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• 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.

  John James Cowperthwaite

  Running, Powerful, Believe

  Official Report of Proceedings of the Hong Kong Legislative Council (p. 216), March 24, 1966.

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• Deficit financing proper is rather the process whereby a Government spends more money that it withdraws from the economy by taxation, borrowing, running down reserves, etc.; thereby causing in most circumstances, and very acutely in ours, monetary inflation and severe pressure on the balance of payments.

  John James Cowperthwaite

  Running, Government, Balance

  Official Report of Proceedings of the Hong Kong Legislative Council (p. 249), March 29, 1967.

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• Industrial production, the flow of resources in the economy, the exertion of military effort in a war, the management of finances --all require the coordination of interrelated activities. What these complex undertakings share in common is the task of constructing a statement of actions to be performed, their timing and quantity (called a program or schedule), that, if implemented, would move the system from a given initial status as much as possible towards some defined goal

  George Dantzig

  Military, War, Moving

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• Industrial production, the flow of resources in the economy, the exertion of military effort in a war theater-all are complexes of numerous interrelated activities. Differences may exist in the goals to be achieved, the particular processes involved, and the magnitude of effort. Nevertheless, it is possible to abstract the underlying essential similarities in the management of these seemingly disparate systems.

  George Dantzig

  Military, War, Differences

  George Dantzig (2016). “Linear Programming and Extensions”, p.1, Princeton University Press

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• The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could be no political economy.

  Robert Gilpin

  Political, World, Modern

  Robert Gilpin (2016). “The Political Economy of International Relations”, p.8, Princeton University Press

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• The world economy diffuses rather than concentrates wealth.

  Robert Gilpin

  World, Wealth, World Economy

  Robert Gilpin (2016). “The Political Economy of International Relations”, p.85, Princeton University Press

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• The opposing tendencies of concentration and spread are of little consequence in the liberal model of political economy.

  Robert Gilpin

  Political, Littles, Tendencies

  Robert Gilpin (2016). “The Political Economy of International Relations”, p.94, Princeton University Press

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• Structuralism argues that a liberal capitalist world economy tends to preserve or actually increase inequalities between developed and less developed economies.

  Robert Gilpin

  World, Arguing, Increase

  "The Political Economy of International Relations". Book by Robert Gilpin, 1987.

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• Despite its increased dependence on the international economy, America continues to behave as if it were either a closed economy or the leader whom everyone else should automatically follow.

  Robert Gilpin

  America, Leader, Should

  Robert Gilpin (2016). “The Political Economy of International Relations”, p.369, Princeton University Press

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• Although the formulations of science now offer the most advanced knowledge of nature, men continue to use obsolete forms of thought long discarded by scientific theory. In so far as these obsolete forms are superfluous for science, the fact that they persist violated the principle of the economy of thought, that characteristic trait of the bourgeois temper.

  Max Horkheimer

  Men, Long, Principles

  "Critical Theory: Selected Essays" by Max Horkheimer, (p. 133), 1982.

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