Two things are bad for the heart - running up stairs and running down people.
Bernard BaruchRead
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491 quotes
Two things are bad for the heart - running up stairs and running down people.
The real source of market promise is not the wealthy few in the developing world, or even the3 emerging middle-income consumers. It is the billions of aspiring poor who are joining the market economy for the first time.
You know, I think of the global economy as an inverted triangle, resting on the shoulders of the American consumer. And if the American consumer cannot have enough disposable income in order to maintain a standard of living that creates more opportunities generation after generation, that's bad for everybody.
It had been held that the economic system, any capitalist system, found its equilibrium at full employment. Left to itself, it was thus that it came to rest. Idle men and idle plant were an aberration, a wholly temporary failing. Keynes showed that the modern economy could as well find its equilibrium with continuing, serious unemployment. Its perfectly normal tendency was to what economists have since come to call an underemployment equilibrium.
There are really two things that have to occur in order for a new technology to be affordable to the mass market. One is you need economies of scale. The other is you need to iterate on the design. You need to go through a few versions.
People tend to judge presidents on how the economy performs, and yet we don't expect them to have the power to do much about it. Or we don't want them to exercise that power, if they were to have it.
Our modern industrial economy takes a mountain covered with trees, lakes, running streams and transforms it into a mountain of junk, garbage, slime pits, and debris.
All taxes, except a 'lump-sum tax,' introduce distortions in the economy. But no government can impose a lump-sum tax - the same amount for everyone regardless of their income or expenditures - because it would fall heaviest on those with less income, and it would grind the poor, who might be unable to pay it at all.
There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.
For the economy itself will die if our ecosystems collapse.
We have an economy that tells us it is cheaper to destroy earth in real time rather than renew, restore, and sustain it. You can print money to bail out a bank but you can't print life to bail out a planet.
Objects are what matter. Only they carry the evidence that throughout the centuries something really happened among human beings.
Just as the commandment 'Thou shalt not kill' sets a clear limit in order to safeguard the value of human life, today we also have to say 'thou shalt not' to an economy of exclusion and inequality. Such an economy kills. How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points?
Our country is now geared to an arms economy bred in an artificially induced psychosis of war hysteria and an incessant propaganda of fear.
The essence of globalization is a subordination of human rights, of labor rights, consumer, environmental rights, democracy rights, to the imperatives of global trade and investment.
You cannot tackle hunger, disease, and poverty unless you can also provide people with a healthy ecosystem in which their economies can grow.
Lobbying' is the activity of attempting to influence legislation by privately influencing the legislators. It is the result and creation of a mixed economy-of government by pressure groups. Its methods range from mere social courtesies and cocktail-party or luncheon "friendships" to favors, threats, bribes, blackmail.
If the amount of money going into the war economy were invested in landscape restoration, we would be in a far more positive position. It may get a little dire before we pull together, but I think when the prosperous nations, and in particular the U.S., realize they're wrecking their own kids' lives, there will be a mass change in value.
Ninety-eight percent of all American companies have fewer than 100 employees. Over half of all Americans work for a small business. Small businesses are the backbone of our nation’s economy and we must protect this great resource.....Helping American small business is part of our movement for change and the end of politics as usual.
We do not have to choose between a healthy environment and a healthy economy.
What drags down our entire economy is when there's an ever-widening chasm between the ultra-rich and everybody else.
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