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Economy Quotes



"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."


"If Microsoft ever does applications for Linux it means I've won."


"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."


"Inflation is taxation without legislation."


"What we want is to establish the rules of a market economy - not to plan its outcome."


"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."


"A healthy environment is essential to a livable Oregon and a strong economy."


"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."


"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."


"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."


"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."


"Inflation is the one form of taxation that can be imposed without legislation."


"If you can't stand the heat, get out of the kitchen."


"Foreign trade clearly holds down the cost of products we buy."


"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."


"Having seen a non-market economy, I suddenly understood much better what I liked about a market economy."


"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."


"Our national security is at risk when we rely on foreign oil to keep our economy moving forward."



"Economics is extremely useful as a form of employment for economists."


"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."


"Maoris now own over half the commercial fishing industry in New Zealand."


"You cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecedented engorgement of the unproductive bit."



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


"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."



"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."


"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."


"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."


"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."


"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."


"Our whole economy is based on planned obsolescence, and anyone who can read without moving his lips should know it by now."


"Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets."



"Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects."


"China is crippling our manufacturing economy and eliminating our jobs by illegally flooding our markets."


"Every economy is uncertain. Referring to this or any economy as "uncertain" is an unnecessary and pessimistic redundancy."


"I believe that we must understand the economy of the situation."


"You have to wait six months to purchase a fuel efficient automobile made from overseas."


"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."


"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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