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Exlpore more Economy quotes

"And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it."

"Major policy reform in the petroleum sector. Under the new Hydrocarbon Exploration Licensing Policy, there will be pricing and marketing freedom and a transparent revenue-sharing methodology. This will eliminate many layers of bureaucratic controls."

"The world economy would collapse if a significant number of people were to realize and then act on the realization that it is possible to enjoy many if not most of the things that they enjoy without first having to own them."

"Belonging to the working class is the economy's punishment for those who did what they were told to do in class."

"India is undergoing profound transformations. We are today the fastest growing economy in the world. We want the Indian economy to be driven by smart and sustainable cities, robust farm sector, vibrant manufacturing and dynamic service sector. And, its engines to run on world class network of rails, roads, airports and digital connectivity."

"Thrift is poetic because it is creative, waste is unpoetic because it is waste."

"India is one of the world economy's brightest spots. We have low inflation, a low balance of payments current account deficit, and a high rate of growth. This is the result of good policy, not good fortune."
Explore more quotes by Thomas Sowell


"Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good."


"Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders."


"Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it."


"It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it."


"The march of science and technology does not imply growing intellectual complexity in the lives of most people. It often means the opposite."


"What is ominous is the ease with which some people go from saying that they don't like something to saying that the government should forbid it. When you go down that road, don't expect freedom to survive very long."


"The welfare state is not really about the welfare of the masses. It is about the egos of the elites."


"One of the most pervasive political visions of our time is the vision of liberals as compassionate and conservatives as less caring."


"You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing."


"The most fundamental fact about the ideas of the political left is that they do not work. Therefore we should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive."
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