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"In turning from the smaller instruments in frequent use to the larger and more important machines, the economy arising from the increase of velocity becomes more striking."
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"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."

"Money is representative, and follows the nature and fortunes of the owner...The farmer is covetous of his dollar, and with reason. It is no waif to him. He knows how many strokes of labor it represents. His bones ache with the days' work that earned it. He knows how much land it represents - how much rain, frost and sunshine. He knows that, in the dollar, he gives you so much discretion and patience, so much hoeing and threshing. Try to lift his dollar; you must lift all that weight. In the city, where money follows the skit of a pen or a lucky rise in exchange, it comes to be looked on as light."
Explore more quotes by Charles Babbage

"Telegraphs are machines for conveying information over extensive lines with great rapidity."

"The possessors of wealth can scarcely be indifferent to processes which, nearly or remotely have been the fertile source of their possessions."

"A powerful attraction exists, therefore, to the promotion of a study and of duties of all others engrossing the time most completely, and which is less benefited than most others by any acquaintance with science."

"Whenever the work is itself light, it becomes necessary, in order to economize time, to increase the velocity."

"To those who have chosen the profession of medicine, a knowledge of chemistry, and of some branches of natural history, and, indeed, of several other departments of science, affords useful assistance."

"That the state of knowledge in any country will exert a directive influence on the general system of instruction adopted in it, is a principle too obvious to require investigation."

"Another mode of accumulating power arises from lifting a weight and then allowing it to fall."

"I am inclined to attach some importance to the new system of manufacturing; and venture to throw it out with the hope of its receiving a full discussion among those who are most interestedin the subject."

"The difference between a tool and a machine is not capable of very precise distinction; nor is it necessary, in a popular explanation of those terms, to limit very strictly their acceptation."
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