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Quotes by Economist
"Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production."
12
"Born in iniquity and conceived in sin, the spirit of nationalism has never ceased to bend human institutions to the service of dissension and distress."
12
"Every effort needs to be made to try and offset the costs of Katrina and Rita by reductions in other government programs, especially those that are wasteful, duplicative and ineffective."
12
"People must learn that the accumulation of wealth by the successfulconduct of business is the corollary of the improvement of their own standard ofliving and vice versa. They must realize that bigness in business is not an evil, but both the cause and effect of the fact that they themselves enjoy all those amenitieswhose enjoyment is called the "American way of life."
12
"I would not be opposed to devising a new system of pensions, in which one part was based on collective provision, but which also gave incentives for people to take out an additional, personal plan."
12
"We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice."
12
"Every step which leads from capitalism toward planning is necessarily a step nearer to absolutism and dictatorship."
12
"Despite a decade of criticism and budget cuts, the specialised UN agencies have far more expertise and hands-on experience than any other organisations in the world."
11
"The object of government in peace and in war is not the glory of rulers or of races, but the happiness of common man."
11
"The insurance companies aren't covering that. Should Monsanto be liable for these losses? Should the state government? Who's going to cover the losses? The fact is, here's an industry with no long-term liability in place."
11
"I think we'll build a consensus for action on Social Security reform which will reduce that long-term unfunded obligation and put the system on a sustainable basis."
11
"If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did not exist - what assurance do we have of the stability and efficiency of the capitalist system?"
11
"The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar."
11
"Consumption may be regarded as negative production."
11
"I was born in Boston, Massachusetts on May 16, 1923, the only child of Joel and Sylvia Miller."
11
"White House and State Department foreign-policy experts are overwhelmingly directed towards military and diplomatic issues, not development issues."
11
"The very necessity of bringing our armament up to a certain level as rapidly as possible must place in the foreground the idea of as large returns as possible in foreign exchange and therewith the greatest possible assurance of raw material supplies, through exporting."
11
"I've always thought that underpopulated countries in Africa are vastly underpolluted."
11
"We've built the largest empire in the history of the world. It's been done over the last 50 years since World War II with very little military might, actually. It's only in rare instances like Iraq where the military comes in as a last resort."
11
"After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive."
11
"The confounding Political Economy with the Sciences and Arts to which it is subservient, has been one of the principal obstacles to its improvement."
11
"The least productive people are usually the ones who are most in favor of holding meetings."
11
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