Economy Quotes - Page 21

• As soon as a thought or word becomes a tool, one can dispense with actually 'thinking' it, that is, with going through the logical acts involved in verbal formulation of it. As has been pointed out, often and correctly, the advantage of mathematics - the model of all neo-positivistic thinking - lies in just this 'intellectual economy.' Complicated logical operations are carried out without actual performance of the intellectual acts upon which the mathematical and logical symbols are based. ... Reason ... becomes a fetish, a magic entity that is accepted rather than intellectually experienced.

  Max Horkheimer

  Lying, Thinking, Intellectual

  "Eclipse of Reason" by Max Horkheimer, (pp. 24-25), 1947.

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• The sacrifices of our people were very great. Out of a population of one million, 28,000 were killed, 12,600 wounded, 10,000 were made political prisoners in Italy and Germany, and 35,000 made to do forced labour, of ground; all the communications, all the ports, mines and electric power installations were destroyed, our agriculture and livestock were plundered, and our entire national economy was wrecked.

  Enver Hoxha

  Communication, Sacrifice, Electric Power

  "Selected Works, 1941 - 1948" by Enver Hoxha, Tirana: 8 Nëntori Publishing House, vol. I, 1974.

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• The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt. [...] The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor.

  Michael Hudson

  Real, Lying, Essence

  "Financial Capitalism v. Industrial Capitalism". michael-hudson.com. September 3, 1998.

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• The utility of a language as a tool of thought increases with the range of topics it can treat, but decreases with the amount of vocabulary and the complexity of grammatical rules which the user must keep in mind. Economy of notation is therefore important.

  Kenneth E. Iverson

  Vocabulary, Mind, Important

  "Notation as a Tool of Thought". Cvommunications of the ACM, 23 (8), (pp. 444 - 465), August 1980.

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• Not surprisingly, extensive effort in Britain and America goes into finding tax shelter. the system is "efficient" for the shelter industry, not for the economy.

  Robert Kuttner

  Britain And America, Effort, Shelter

  Robert Kuttner (1987). “The Economic Illusion: False Choices Between Prosperity and Social Justice”, p.188, University of Pennsylvania Press

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• Virtually, Finnish woods are stripped so bare, so sold out and first and foremost, so long way off from genuine diverse natural forest, that the resources of language will not permit excessive words. Finnish forest economy has been compared to the ravaging of rain forests. Nevertheless, the noteworthy difference is that there is a half or two thirds left from rain forests, but from Finnish forests there is left - excluding arctic Lapland - 0,6 per cent.

  Pentti Linkola

  Rain, Two, Differences

  "The Forest Covering Must Be Restored In Finland". Essay by Pentti Linkola, 1995.

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• In the interests of economy they condemned hundreds of children to death and I call it murder.

  James Maxton

  Children, Murder, Interest

  1923 Speech against the withdrawal of child benefits, including the supply of milk, in Scotland. In Hansard, 27 Jun.

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• The much-maligned price system works not only to secure supply but to conserve. [...] Profits and prices are the street signs of the economy. Only fools flout them.

  Ilana Mercer

  Fool, Profit, Streets

  "The Goods on Gas". www.ilanamercer.com. July 13, 2008.

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• Electrical fire and the fire of greed kindle economies. In that flux, nations become digitized commodities on stock-exchange floors and on investors' rating screens. A country becomes a product to be rated for its obedience to paying of deficits and debts.

  B. W. Powe

  Country, Fire, Greed

  "Towards a Canada of Light". Book by Bruce W. Powe, 2006.

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• Teach your children to work, teach your daughters modesty, teach all the virtue of economy. And if not make them saints, at least make them Christians.

  Antonio de Oliveira Salazar

  Christian, Daughter, Children

  "Salazar: biographical study" by Franco Nogueira, Atlantis Publishing, (p. 285), 1977.

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• My university education had been a shallow and superficial enterprise. The central driving forces of the economy I lived in were either ignored or left vague, to the point of meaningless.

  Herbert Schiller

  Driving, Ignored, Superficial

  "Living In The Number One Country". Book by Herbert Schiller, 2000.

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• With deregulation, one sector of the economy after another is "liberated" to capital's unmonitored authority. The very notion that there is a public interest is contested.

  Herbert Schiller

  Deregulation, Authority, Interest

  "Living In The Number One Country". Book by Herbert Schiller, 2000.

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• One growing threat to the stability of the U.S. economy, and therefore to its capability to continue to direct the global order, paradoxically emerges from its success in establishing capitalism around the world.

  Herbert Schiller

  Order, World, Growing

  "Living In The Number One Country". Book by Herbert Schiller, 2000.

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• The Occupy Wall Street collective is confused about what it wants but it wants it now! Some of the loonier demands from its independent thinkers: Striking all existing public and private debt from the books across the "entire planet"; elimination of all international borders; free college education; a guaranteed "living wage" for all regardless of employment; an end to free trade; trillions in additional spending for infrastructure and ecological restoration; and ending the fossil fuel economy.

  Mike Rosen

  Wall, Confused, Book

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• From its founding, [Nevada] has always struggled to belong. It has had a series of masters--the mining industry, the railroads, the federal government, and now gaming and tourism--that have driven the state's economy and compelled its direction.

  Hal Rothman

  Government, Railroads, Tourism

  Hal Rothman (2010). “The Making of Modern Nevada”, p.1, University of Nevada Press

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• Everybody's excited about the new service economy, even though there is no actual service as near as I can tell.

  Ian Shoales

  Excited, I Can

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• This is a landmark opportunity for all that live and work in the Yukon. The Territory is now one step closer to realizing the potential that geothermal heat and power has for the economy, the environment, First Peoples, tax-payers and businesses.

  Alison Thompson

  Opportunity, Territory, Firsts

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• There is one rule for the G-7 (richest countries) and another for the South. The G-7 now preaches open economies and liberalization, as well as 'good governance' and 'transparency'. Yet none of these things was conspicuous when the West grew rich.

  Jeremy Seabrook

  Country, West, Rich

  Jeremy Seabrook (2003). “The No-nonsense Guide to World Poverty”, p.70, Verso

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• There cannot exist in the future an economy which is still mercantile but which isn't capitalist anymore. Before capitalism there were economies which were partially mercantile, but capitalism is the last of this genre.

  Amadeo Bordiga

  Lasts, Genre, Capitalist

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• If we want to make the best products, we also have to invest in the best ideas... Every dollar we invested to map the human genome returned $140 to our economy... Today, our scientists are mapping the human brain to unlock the answers to Alzheimer's... Now is not the time to gut these job-creating investments in science and innovation. Now is the time to reach a level of research and development not seen since the height of the Space Race.

  Barack Obama

  Jobs, Alzheimer's, Race

  Fourth Presidential State of the Union Address, delivered 12 February 2013, Washington, D.C.

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• Waste cannot be accurately told, though we are sensible how destructive it is. Economy, on the one hand, by which a certain income is made to maintain a man genteelly; and waste, on the other, by which on the same income another man lives shabbily, cannot be defined. It is a very nice thing; as one man wears his coat out much sooner than another, we cannot tell how.

  Samuel Johnson

  Nice, Men, Hands

  James Boswell, Samuel Johnson, Edmond Malone (1824). “The life of Samuel Johnson, LL. D., comprehending an account of his studies, and numerous works, in chronological order: a series of his epistolary correspondence and conversations with many eminent persons; and various original pieces of his composition, never before published; the whole exhibiting a view of literature and literary men in Great Britain, for near half a century during which he flourished”, p.254

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• Let us learn the meaning of economy. Economy is a high human office,--a sacrament when its aim is grand, when it is the prudence of simple tastes, when it is practised for freedom or for love or devotion.

  Ralph Waldo Emerson

  Simple, Office, Taste

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• If you economically empower a woman, she represents enormous opportunity that can actually be transformative not only for her family and for her community, but at the aggregate level for the economy.

  Sheryl WuDunn

  Opportunity, Empowering, Community

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• Significant changes in the growth rate of money supply, even small ones, impact the financial markets first. Then, they impact changes in the real economy, usually in six to nine months, but in a range of three to 18 months. Usually in about two years in the US, they correlate with changes in the rate of inflation or deflation."
  "The leads are long and variable, though the more inflation a society has experienced, history shows, the shorter the time lead will be between a change in money supply growth and the subsequent change in inflation.

  Milton Friedman

  Real, Years, Significant Change

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• If we fixed a hangnail the way our government fixes the economy, we'd slam a car door on it.

  Cullen Hightower

  Government, Doors, Car

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