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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."


"Inflation is taxation without legislation."



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


"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."


"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."


"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."


"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."


"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."


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



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


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



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



"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."


"I sum up the prospects for 1967 in three short sentences. We are back on course. The ship is picking up speed. The economy is moving. Every seaman knows the command at such a moment: 'steady as she goes'."


"We have the most crude accounting tools. It's tragic because our accounts and our national arithmetic doesn't tell us the things that we need to know."


"During the gold rush its a good time to be in the pick and shovel business."


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


"The pro-growth policies of Congress have helped created new jobs in the region and across the country."



"This nation's 23 million small businesses need a budget that reflects their value to the economy."


"Armaments; extremely useful for fighting wars, a deadweight in any civil economy."


"This continuing spike in gas prices is bad for consumers, bad for our economy, and bad for all other businesses. It is hurting us and costing us jobs."



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


"Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed."


"In today's competitive economy, to stand still is to die."


"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."


"This paper was one of my digressions into abstract economics."



"Real economic stimulus comes from real investment."



"If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession."


"She planted that terror of debt so deeply in her children that even now, in a changed economic pattern where indebtedness is a part of living, I become restless when a bill is two days overdue. Olive never accepted the time-payment plan when it became popular. A thing bought on time was a thing you did not own and for which you were in debt. She saved for things she wanted, and this meant that the neighbours had new gadgets as much as two years before we did."


"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."


"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."


"Cities are, first of all, seats of the highest economic division of labor."


"When certain branches of the economy become obsolete, as in the case of the steel industry, not only do jobs disappear, which is obviously a terrible social hardship, but certain cultures also disappear."


"But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed."


"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."


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


"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."
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