Economy Quotes - Page 26

• We will have to choose not between color nor race nor religion nor between East and West either, but simply between being slaves and being free. And we will have to choose completely and for good; the time is already past now when we can choose a little of each, a little of both. We can choose a state of slavedom, and if we are powerful enough to be among the top two or three or ten, we can have a certain amount of license - until someone more powerful rises and has us machine-gunned against a cellar wall.

  William Faulkner

  Wisdom, Wall, Powerful

  William Faulkner (2011). “Essays, Speeches & Public Letters”, p.150, Modern Library

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• Gold is the most useless thing in the world. I am not interested in money but in the things of which money is merely a symbol.

  Henry Ford

  Wisdom, Useless Things, Gold

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• Search for what is good and strong and beautiful in your society and elaborate from there. Push outward. Always create from what you already have. Then you will know what to do.

  Michel Foucault

  Beautiful, Wisdom, Strong

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• A crackpot theory. Instead of saying labor's exploited, as Marx did, Kelso says capital's exploited. It's worse than Marx. It's Marx stood on its head.

  Milton Friedman

  Politics, Theory, Liberalism

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• Don't attempt to reform man. An adequately organized environment will permit humanity's original, innate capabilities to become successful.

  R. Buckminster Fuller

  Wisdom, Successful, Men

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• But if not Kelso, then something else, because a free people must own the nation they live in.

  Nicholas von Hoffman

  Wisdom, People, Politics

  Nicholas Von Hoffman (1970). “Left at the post”, Crown

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• We preach free enterprise capitalism. We believe in it, we give our lives in war for it, but the closest most of us come to profiting from it are a few miserable shares of stock in a company that doesn't pay large enough dividends to keep a small mouse in cheese. The truth is, most of us are job serfs. At a time when invested capital returns 20 to 30 percent, we have no capital. We only have our wages and salaries, and a debt so high that something like 20c on every dollar we earn is spent to pay off what we owe.

  Nicholas von Hoffman

  Wisdom, Jobs, War

  Nicholas Von Hoffman (1970). “Left at the post”, Crown

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• Kelso's proposals do promise to free us from our morbid dependency on economic health through armament manufacture; they promise a way out of the welfare mess, out of foodstamps and ship subsidies, out of perpetual inflation, and they suggest a means of doing these things without being too disruptive of the wealth of five percent of the population who own the rest of us.

  Nicholas von Hoffman

  Wisdom, Mean, Promise

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• Them that's got shall get, Them that's not shall lose. So the Bible says, And it still is news. Mama may have, Papa may have, But God bless the child that's got his own.

  Billie Holiday

  Wisdom, Children, Papa

  Billie Holiday, William Dufty (2011). “Lady Sings the Blues: The 50th-Anniversay Edition with a Revised Discography”, p.108, Broadway Books

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• Liberalism is a force truly of the spirit proceeding from the deep realization that economic freedom cannot be sacrificed if political freedom is to be preserved.

  Herbert Hoover

  Wisdom, Political, Realization

  United States. President (1929-1933 : Hoover), Herbert Hoover (1974). “Herbert Hoover: Containing the Public Messages, Speeches, and Statements of the President”

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• The party should stand for a constantly wider diffusion of property. That is the greatest social and economic security that can come to free men. It makes free men. We want a nation of proprietors, not a state of collectivists. That is attained by creating a national wealth and income, not by destroying it. The income and estate taxes create an orderly movement to diffuse swollen fortunes more effectively than all the quacks.

  Herbert Hoover

  Wisdom, Party, Men

  Herbert Hoover (1938). “Addresses upon the American road”

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• We supported the cooperative movement among farmers. The movement was still young and stubbornly opposed to the commercial distributors. I believed it to be one of the most helpful undertakings, for according to my social theories any organization run by citizens for their own welfare is preferable to the same action by the government.

  Herbert Hoover

  Running, Wisdom, Government

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• It is difficult to administer properly what belongs to all in common.

  Horace

  Politics, Common, Difficult

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• This was my prayer: an adequate portion of land with a garden and a spring of water and a small wood to complete the picture.

  Horace

  Wisdom, Prayer, Spring

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• Capital, and the question of who owns it and therefore reaps the benefit of its productiveness, is an extremely important issue that is complementary to the issue of full employment... I see these as twin pillars of our economy: Full employment of our labor resources and widespread ownership of our capital resources. Such twin pillars would go a long way in providing a firm underlying support for future economic growth that would be equitably shared.

  Hubert H. Humphrey

  Wisdom, Issues, Long

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• We must give the American worker the first option of ownership.

  Jesse Jackson

  Wisdom, Giving, Politics

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• One of the proven ways of getting workers more involved with their jobs is by dovetailing employee profit-sharing and stock ownership plans with greater responsibility sharing... Trade unions in this country should... consider these arrangements much more carefully than they have up to now... Expanded employee profit participation and stock ownership would provide workers with a greater measure of economic and social independence, thus stimulating increased productivity.

  Jacob K. Javits

  Wisdom, Country, Jobs

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• A community of small farmers... land property owners, will be the only assurance that the freedom our republic offers will be guaranteed to each and every citizen.

  Thomas Jefferson

  Wisdom, Land, Community

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• At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and agriculture. This paradox was well adapted to the minds of believers in dreams.

  Thomas Jefferson

  Dream, Wisdom, Blessing

  Thomas Jefferson, Henry Augustine Washington (1854). “The Writings of Thomas Jefferson: Being His Autobiography, Correspondence, Reports, Messages, Addresses, and Other Writings, Official and Private : Published by the Order of the Joint Committee of Congress on the Library, from the Original Manuscripts, Deposited in the Department of State”, p.239

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• I am conscious that an equal division of property is impracticable, but the consequences of this enormous inequality producing so much misery to the bulk of mankind, legislators cannot invent too many devices for subdividing property.

  Thomas Jefferson

  Wisdom, Division, Politics

  Thomas Jefferson, Jean M. Yarbrough (1963). “The Essential Jefferson”, p.154, Hackett Publishing

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• The banks themselves were doing business on capitals three-fourths of which were fictitious. This fictitious capital... is now to be lost, and to fall on somebody; it must take on those who have property to meet it, and probably on the less cautious part, who, not aware of the impending catastrophe, have suffered themselves to contract, or to be in debt, and must now sacrifice their property of a value many times the amount of the debt. We have been truly sowing the wind, and are now reaping the whirlwind.

  Thomas Jefferson

  Wisdom, Fall, Sacrifice

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• We are completely saddled and bridled, and... the bank is so firmly mounted on us that we must go where it will guide.

  Thomas Jefferson

  Wisdom, Politics, Guides

  Thomas Jefferson, Andrew M. Allison (1983). “The Real Thomas Jefferson”, Natl Center for Constitutional

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• We are overdone with banking institutions, which have banished the precious metals, and substituted a more fluctuating and unsafe medium... These have withdrawn capital from useful improvements and employments to nourish idleness... These are evils more easily to be deplored than remedied.

  Thomas Jefferson

  Wisdom, Evil, Employment

  Thomas Jefferson (1853). “The Writings of Thomas Jefferson: Correspondence, cont”, p.516

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• We shall all consider ourselves unauthorized to saddle posterity with our debts, and morally bound to pay them ourselves; and consequently within what may be deemed the period of a generation, or the life of the majority.

  Thomas Jefferson

  Wisdom, Majority, Generations

  Thomas Jefferson (2010). “The Works of Thomas Jefferson: Correspondence and Papers, 1808-1816”, p.309, Cosimo, Inc.

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• God forbid we should ever be twenty years without such a rebellion... We have had thirteen States independent for eleven years. There has been one rebellion. That comes to one rebellion in a century and a half, for each State. What country before ever existed a century and a half without a rebellion.

  Thomas Jefferson

  Wisdom, Country, Independent

  Thomas Jefferson (1829). “Memoirs, Correspondence and Private Papers of Thomas Jefferson, Late President of the United States”, p.268

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