Quotes on Economy

You have to make the shift from being a consumer in the economy to becoming an owner-and you do it by becoming an investor.

My guiding principle is that prosperity can be shared. We can create wealth together. The global economy is not a zero-sum game.

But our waste problem is not the fault only of producers. It is the fault of an economy that is wasteful from top to bottom-a symbiosis of an unlimited greed at the top and a lazy, passive, and self-indulgent consumptiveness at the bottom-and all of us are involved in it.

The green economy should not just be about reclaiming throw-away stuff. It should be about reclaiming thrown-away communities. It should not just be about recycling things to give them a second life. We should also be gathering up people and giving them a second chance.

The line of beauty is the line of perfect economy.

Unless we understand what it is that leads to economic and financial instability, we cannot prescribe -- make policy -- to modify or eliminate it. Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it.

Tonight, savagery in the streets of Iraq. Ten Americans die in a single day, four of them civilians murdered, mutilated and dragged through the streets....What drives American civilians to risk death in Iraq? In this economy it may be, for some, the only job they can find.

One of the great sadnesses of modern life, because of our disenfranchisement and disillusionment with religion, is that we don't have access to these ideas. Yoga and meditation, for me, is a way of, in this secular world, accessing very very beautiful principles that would perhaps make us happier, at a time when people feel disillusioned with the economy, concerned about the ecology, worried with politicians, and don't trust what they're being told on television.

If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.

In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of.

In a perfect world what poor countries at the lowest rungs of economic development need is not a multi-party democracy, but in fact a decisive benevolent dictator to push through the reforms required to get the economy moving

In an economy where the only certainty is uncertainty, the one sure source of lasting competitive advantage is knowledge.

One of the greatest pains to human nature is the pain of a new idea.

There is no part of the administration of government that requires extensive information and a thorough knowledge of the principles of political economy, so much as the business of taxation. The man who understands those principles best will be least likely to resort to oppressive expedients, or sacrifice any particular class of citizens to the procurement of revenue. It might be demonstrated that the most productive system of finance will always be the least burdensome.

A rigid economy of the public contributions and absolute interdiction of all useless expenses will go far towards keeping the government honest and unoppressive.

The proper goal of an economic democracy agenda is to replace the global suicide economy ruled by rapacious and unaccountable global corporations with a planetary system of local living economies comprised of human-scale enterprise rooted in the communities they serve and locally owned by the people whose wellbeing depends on them.

Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.

It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production is aimed only toward serving the wishes of consumers.

It's not a choice between our environment and our economy; it's a choice between prosperity and decline.

What makes the IoT a disruptive technology in the way we organize economic life is that it helps humanity reintegrate itself into the complex choreography of the biosphere, and by doing so, dramatically increases productivity without compromising the ecological relationships that govern the planet.

Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.