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Economy Quotes

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"In this context, the current recovery in the Japanese economy is taking place in tandem with the growing interdependence with the rest of the world, particularly with the other East Asian economies."
Toshihiko Fukui
"In this context, the current recovery in the Japanese economy is taking place in tandem with the growing interdependence with the rest of the world, particularly with the other East Asian economies."
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"If Microsoft ever does applications for Linux it means I've won."
Linus Torvalds
"If Microsoft ever does applications for Linux it means I've won."
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"As the U.S. businesses search for new areas of economic growth, markets for their goods, a pool of skilled resources, and global locations to produce and manufacture, India could be their ideal partner. India's strong economy, and growth rate of 7.6% per annum, is creating new opportunities for our mutual prosperity."
Narendra Modi
"As the U.S. businesses search for new areas of economic growth, markets for their goods, a pool of skilled resources, and global locations to produce and manufacture, India could be their ideal partner. India's strong economy, and growth rate of 7.6% per annum, is creating new opportunities for our mutual prosperity."
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"Inflation is taxation without legislation."
Milton Friedman
"Inflation is taxation without legislation."
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"Today, our economy is divided: fifty percent is the public economy and fifty percent is the private economy that includes small companies employing from 4 to 200 workers."
Ibrahim Rugova
"Today, our economy is divided: fifty percent is the public economy and fifty percent is the private economy that includes small companies employing from 4 to 200 workers."
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"What we want is to establish the rules of a market economy - not to plan its outcome."
Vaclav Klaus
"What we want is to establish the rules of a market economy - not to plan its outcome."
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"2005 opens with the promise of a number of substantial direct private investments that can swiftly transform the economy and set all sectors on a pronounced upward curve."
Baldwin Spencer
"2005 opens with the promise of a number of substantial direct private investments that can swiftly transform the economy and set all sectors on a pronounced upward curve."
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"A healthy environment is essential to a livable Oregon and a strong economy."
Ted Kulongoski
"A healthy environment is essential to a livable Oregon and a strong economy."
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"We expect that in the next years, the economy will improve. And we expect that extreme poverty will drop from 22 percent to 11 percent by the year 2000."
Alberto Fujimori
"We expect that in the next years, the economy will improve. And we expect that extreme poverty will drop from 22 percent to 11 percent by the year 2000."
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"A consumer doesn't take anything away: he doesn't actually consume anything. Giving the same thing to a thousand consumers is not really any more expensive than giving it to just one."
Linus Torvalds
"A consumer doesn't take anything away: he doesn't actually consume anything. Giving the same thing to a thousand consumers is not really any more expensive than giving it to just one."
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"So now we are pushing economic reform, bank reform and enterprise reform. So we can finish that reform this year, in September or October. Then our economy may be much more, you know, normalized."
Kim Dae Jung
"So now we are pushing economic reform, bank reform and enterprise reform. So we can finish that reform this year, in September or October. Then our economy may be much more, you know, normalized."
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"Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure."
Thorstein Veblen
"Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure."
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"But I also think that it does create a lot of revenue, but to me it's a temporary revenue stream because it's an industry that, if suddenly gambling started in Massachusetts, then a lot of our patrons who would gamble in New Hampshire if we had it, would disappear."
Craig Benson
"But I also think that it does create a lot of revenue, but to me it's a temporary revenue stream because it's an industry that, if suddenly gambling started in Massachusetts, then a lot of our patrons who would gamble in New Hampshire if we had it, would disappear."
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"We have in the last two years, we have passed 350 legislation in the parliament, most of which deal with democratization, human rights, and of course, economy."
Bulent Ecevit
"We have in the last two years, we have passed 350 legislation in the parliament, most of which deal with democratization, human rights, and of course, economy."
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"Inflation is the one form of taxation that can be imposed without legislation."
Milton Friedman
"Inflation is the one form of taxation that can be imposed without legislation."
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"Our whole economy is based on planned obsolescence."
Brooks Stevens
"Our whole economy is based on planned obsolescence."
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"In economics, the majority is always wrong."
John Kenneth Galbraith
"In economics, the majority is always wrong."
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"If you can't stand the heat, get out of the kitchen."
Harry S. Truman
"If you can't stand the heat, get out of the kitchen."
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"Foreign trade clearly holds down the cost of products we buy."
Tim Bishop
"Foreign trade clearly holds down the cost of products we buy."
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"We've set aside tens of millions of acres of those northwestern forests for perpetuity. The unemployment rate has gone not up, but down. The economy has gone up."
Bruce Babbitt
"We've set aside tens of millions of acres of those northwestern forests for perpetuity. The unemployment rate has gone not up, but down. The economy has gone up."
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"Having seen a non-market economy, I suddenly understood much better what I liked about a market economy."
Esther Dyson
"Having seen a non-market economy, I suddenly understood much better what I liked about a market economy."
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"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest."
Adam Smith
"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest."
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"The real minimum wage is zero."
Thomas Sowell
"The real minimum wage is zero."
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"Our national security is at risk when we rely on foreign oil to keep our economy moving forward."
Bill Shuster
"Our national security is at risk when we rely on foreign oil to keep our economy moving forward."
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"Economics is extremely useful as a form of employment for economists."
John Kenneth Galbraith
"Economics is extremely useful as a form of employment for economists."
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"Instead of saying that globalization is a fact, that it's inevitable, we've also got to demonstrate that while the growing interdependence of the world economy is indeed a fact, it's not uncontrollable."
Peter Mandelson
"Instead of saying that globalization is a fact, that it's inevitable, we've also got to demonstrate that while the growing interdependence of the world economy is indeed a fact, it's not uncontrollable."
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"Did you ever think that making a speech on economics is a lot like pissing down your leg? It seems hot to you, but it never does to anyone else."
Lyndon B. Johnson
"Did you ever think that making a speech on economics is a lot like pissing down your leg? It seems hot to you, but it never does to anyone else."
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"Maoris now own over half the commercial fishing industry in New Zealand."
Malcolm Fraser
"Maoris now own over half the commercial fishing industry in New Zealand."
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"Economics is a subject that does not greatly respect one's wishes."
Nikita Khrushchev
"Economics is a subject that does not greatly respect one's wishes."
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"You cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecedented engorgement of the unproductive bit."
Daniel Hannan
"You cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecedented engorgement of the unproductive bit."
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"The only function of economic forecasting is to make astrology look respectable."
John Kenneth Galbraith
"The only function of economic forecasting is to make astrology look respectable."
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"All 50 states had the same national economy. And on virtually any measurement you wish to look at, Michigan has moved up and improved against the others."
John Engler
"All 50 states had the same national economy. And on virtually any measurement you wish to look at, Michigan has moved up and improved against the others."
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"Over 30 years ago, Airbus was founded by a European consortium of French, German, and later Spanish and British companies to compete in the large commercial aircraft industry with U.S. companies."
Norm Dicks
"Over 30 years ago, Airbus was founded by a European consortium of French, German, and later Spanish and British companies to compete in the large commercial aircraft industry with U.S. companies."
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"Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation."
William Vickrey
"Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation."
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"Taiwan is a major economy."
William Kirby
"Taiwan is a major economy."
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"Privatization of the state-owned economy is not yet on the agenda. We cannot do it immediately; my colleagues would not agree to it. But we must put all forms of ownership on an equal footing immediately and let different types of ownership compete with the state firms."
Vaclav Klaus
"Privatization of the state-owned economy is not yet on the agenda. We cannot do it immediately; my colleagues would not agree to it. But we must put all forms of ownership on an equal footing immediately and let different types of ownership compete with the state firms."
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"Much of what is called investment is actually nothing more than mergers and acquisitions, and of course mergers and acquisitions are generally accompanied by downsizing."
Susan George
"Much of what is called investment is actually nothing more than mergers and acquisitions, and of course mergers and acquisitions are generally accompanied by downsizing."
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"Spending on programs such as national defense and funding the operating budgets of all federal agencies represent only 39 percent of our yearly budget, an all-time low."
Paul Gillmor
"Spending on programs such as national defense and funding the operating budgets of all federal agencies represent only 39 percent of our yearly budget, an all-time low."
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"Our whole economy is based on planned obsolescence, and anyone who can read without moving his lips should know it by now."
Brooks Stevens
"Our whole economy is based on planned obsolescence, and anyone who can read without moving his lips should know it by now."
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"Stopping illegal immigration would mean that wages would have to rise to a level where Americans would want the jobs currently taken by illegal aliens."
Thomas Sowell
"Stopping illegal immigration would mean that wages would have to rise to a level where Americans would want the jobs currently taken by illegal aliens."
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"Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets."
Thomas Sowell
"Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets."
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"Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects."
John Kenneth Galbraith
"Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects."
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"Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised."
John Kenneth Galbraith
"Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised."
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"China is crippling our manufacturing economy and eliminating our jobs by illegally flooding our markets."
Virginia Foxx
"China is crippling our manufacturing economy and eliminating our jobs by illegally flooding our markets."
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"Every economy is uncertain. Referring to this or any economy as "uncertain" is an unnecessary and pessimistic redundancy."
Bo Bennett
"Every economy is uncertain. Referring to this or any economy as "uncertain" is an unnecessary and pessimistic redundancy."
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"Who quick be to borrow and slow be to pay, their credit is naught, go they ever so gay."
Thomas Tusser
"Who quick be to borrow and slow be to pay, their credit is naught, go they ever so gay."
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"I believe that we must understand the economy of the situation."
Minoru Yamasaki
"I believe that we must understand the economy of the situation."
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"You have to wait six months to purchase a fuel efficient automobile made from overseas."
Ed Markey
"You have to wait six months to purchase a fuel efficient automobile made from overseas."
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"Well, our economy is very strong and growing. We have created 5.4 million new jobs in the last 3 years. Our unemployment rate is better than the average unemployment rate of the 1960s, 1970s, 1980s, and 1990s."
Ric Keller
"Well, our economy is very strong and growing. We have created 5.4 million new jobs in the last 3 years. Our unemployment rate is better than the average unemployment rate of the 1960s, 1970s, 1980s, and 1990s."
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"We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium."
Friedrich August von Hayek
"We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium."
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