Economic Quotes

Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

One of the greatest pieces of economic wisdom is to know what you do not know.

The only function of economic forecasting is to make astrology look respectable.

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

This is the problem for which revolutionary theory has yet to find the right solution, if there is one. The difficulty is that the economic interests of the two classes are antagonistic.

Railroads are the primary economic beneficiaries. It's a difficult project for the public sector.

Disruption to the flow of oil through the Straits of Hormuz would threaten regional and global economic growth. Any attempt by Iran to close the Straits would be illegal and unsuccessful.

I believe it is still true that conflicts among major powers usually stem from geopolitical rivalries but rarely from economic competition.

The arts are an integral part of the city's economic progress.

The best way to deal with the deficit is through economic growth.

We will be remembered only if we give to our younger generation a prosperous and safe India, resulting out of economic prosperity coupled with civilizational heritage.

We live in a society and a culture and an economic model that tries to make everything look right.

Technological innovation is indeed important to economic growth and the enhancement of human possibilities.

The danger is not so much in the economic structure of a society but in its intellectual structure.

The one big strategic error - which was a political error and an economic error of grand proportions - was the prescription drug bill.

We're living through the twilight of American economic dominance.

It's true across the U.K. that those who had least to do with causing the economic crisis are carrying the heaviest burden. That's unacceptable.

Haitian diplomacy will be oriented toward the influx of foreign capital, direct investments that create jobs and stimulate economic growth.

The budget acknowledges the importance of maintaining our ports and waterways to encourage commercial deep-draft navigation and economic competitiveness.

Our ability to effectively engage China and the Arab world rests on shared economic and political interests and mutual understanding.

Salaries and wages must reflect the reality of the enterprise's economic performance; deviations from the planned performance should be reflected in pay.

When the euro was born, it was born in the wrong economic circumstances.

Fashion responds to the economic climate by providing a way to lift a woman's spirits.

The only people who steal are thieves, and that's a very small percentage of civilization. Most people want to have some way to make the economic transaction valid. They want to return the favor, if you will... return the benefit and reciprocate.

The Internet provides the access to resources, so it's incumbent upon the people who control those resources to make sure that the economic engine stays intact.

Livable neighborhoods with a vibrant street life will stimulate our economic life as well.

During the 1990s, San Francisco lived through one of the most intense economic booms of its history.

I'd be happy to have regular face-to-face meetings at Downing Street with David Cameron to argue the case for alternative economic policies.

There's something about Marxism that brings out warts; the only kind of growth this economic system encourages.

I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe.

During an economic slowdown, one needs to be cautious, but I think it's equally important to not get sucked into the vortex of defensive thinking.

The obligations of our representatives in Washington are to protect our liberty, not coddle the world, precipitating no-win wars, while bringing bankruptcy and economic turmoil to our people.

Practically the only way to dry the swamp of radical Islam is through economic development and an improved standard of living.

Every country in Europe needs immigrants for its economic survival.

Through pro-growth policies, by abolishing Obamacare and eliminating other Obama-imposed impediments to economic growth, we will get our economy back on track.

The Tories win elections when they lead on economic competence.

Russia has gone through eight years of continuing economic pain.

We have new developing ties with Japan whom always supports our democratic process and economic development.

I thought the Bush economic policy was a disaster. We lost 500,000 private sector jobs during his tenure.

Racial discrimination, South Africa's economic power, its oppression and exploitation of all the black peoples, are part and parcel of the same thing.

It may be that apartheid brings such stupendous economic advantages to countries that they would sooner have apartheid than permit its destruction.

There can be no liberty unless there is economic liberty.

An imposing wall prominently divides the visions of President Obama and congressional Republicans when it comes to economic growth and creating jobs. Solyndra is on one side and the Keystone pipeline is on the other.

I think that economic patriotism is the very foundation of a European vision.

The independence of the economic sphere was a tenet of faith with Liberalism.

What we need is more money back in the hands of Americans of any economic standing and so raising taxes right now doesn't make sense.

Political work is the life-blood of all economic work.

It's always been the case that politicians want different things from children than good educators do. Good educators want imaginative, exploratory beings, but politicians just want economic units.

Our Soviet espionage efforts had virtually never, or had very seldom, produced any worthwhile political or economic intelligence on the Soviet Union.

Free is really, you know, the gift of Silicon Valley to the world. It's an economic force, it's a technical force. It's a deflationary force, if not handled right. It is abundance, as opposed to scarcity.

My own theory is that we are in the middle of a dramatic and broad technological and economic shift in which software companies are poised to take over large swathes of the economy.

Unless young blacks are brought into the mainstream of economic life, they will continue to be on the curbstone.

I'm against this huge globalisation on the basis of economic advantage.

Without economic development, any potential for political openness and freedom will be questionable.

Germany is the biggest economy of Europe and we need Germany on board for the economic reforms of Europe, including, of course, the deepening of the internal market, resisting protectionism, and supporting further economic policy coordination.

Oil is a very important component of economic growth.

One of the big challenges for our party is to demonstrate to people that we have an agenda for economic prosperity and that we can be trusted with their money.

Small businesses are the economic drivers of our country, providing the stimulus our communities need.

The World Cup tournament overall and, naturally, the new stadiums at its heart, are the ideal platform to portray Germany as a positive and exceptional location, and above all of course, as a highly capable economic location.

Our rate moves will have an impact on the economy in 2013. Whether we raise or lower rates depends on how the economic situation develops.

The negative side to globalization is that it wipes out entire economic systems and in doing so wipes out the accompanying culture.

If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.

Developments in financial markets can have broad economic effects felt by many outside the markets.

A concerted effort to preserve our heritage is a vital link to our cultural, educational, aesthetic, inspirational, and economic legacies - all of the things that quite literally make us who we are.

Freedom is the by-product of economic surplus.

For a variety of reasons, we are not producing at a given level of economic activity the jobs we used to have.

Real economic stimulus comes from real investment.

In my district, the budget scales back and eliminates several long-term shore protection projects important to the safety and economic security of Long Island.

Education is the best economic policy there is.

Because the world is in economic recession, which worsened since this drama happened, and our country will bear the burden of all of these consequences.

Economic sanctions rarely achieve the desired results.

I think nowadays economic liberties are an explosive issue.

There are a number of steps that we can take to reinvigorate and rebuild the economic and the physical infrastructure of our country and then to rebuild us, frankly, on a spiritual level.

Continuing economic growth requires both recruitment of new companies and expansion of existing businesses.

States get to improve transportation infrastructure; that creates economic development, puts people back to work and, most important, enhances safety and improves local communities.