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Quotes by Economist
"The least productive people are usually the ones who are most in favor of holding meetings."
11
"These days there are not enough of such intermediary groups, between the state and the individual, with the result that political leaders are often unduly guided by opinion polls."
11
"What we're going to do is redouble our efforts on financial regulatory reform, because that has in it sensible things like say on pay, so at least the shareholders are minding the store, sensible things like saying, for heaven's sakes, compensation should be focused on - on long term, so that you don't have rewards for short-term risk-taking."
11
"Great ambition, the desire of real superiority, of leading and directing, seems to be altogether peculiar to man, and speech is the great instrument of ambition."
11
"To feel much for others and little for ourselves; to restrain our selfishness and exercise our benevolent affections, constitute the perfection of human nature."
11
"I went to elementary school in Ottawa, and then to a private secondary school."
11
"The possessions of the rich are stolen property."
11
"And that's why I wrote the book, because our country really needs to understand, if people in this nation understood what our foreign policy is really about, what foreign aid is about, how our corporations work, where our tax money goes, I know we will demand change."
11
"I would be remiss if I left the impression that my life has been totally preoccupied with scholarly research."
11
"When we say that the persistence of competition is ensured by fate, we mean that individual freedom is so guaranteed. The one thing to which fate binds us is liberty."
11
"You only need to make one big score in finance to be a hero forever."
11
"The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion."
11
"It's a technical, fairly difficult job that has no particular political connotations, so I doubt there are any big campaign contributors dying to be on the Fed. And remember, it doesn't pay very well, certainly by Republican standards."
11
"One of the worst of errors would be the general admission of the proposition that a Government has no right to interfere for any purpose except for that of affording protection."
11
"The position I took at the time was that we hadn't really examined any of the potential environmental consequences of introducing genetically modified organisms."
11
"Then it was that the exports of slaves from Virginia and the Carolinas was so great that the population of those States remained almost, if not quite stationary."
11
"The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy."
11
"Infinite growth of material consumption in a finite world is an impossibility."
11
"The interesting thing is, while we die of diseases of affluence from eating all these fatty meats, our poor brethren in the developing world die of diseases of poverty, because the land is not used now to grow food grain for their families."
11
"All wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned as wealth."
11
"We are already producing enough food to feed the world. We already have technology in place that allows us to produce more than we can find a market for."
11
"But while I loved all of these courses, there was an irresistible attraction of economics."
11
"The status quo is the only solution that cannot be vetoed."
11
"Material loss can be made up through renewed labor, but the moral wrong which has been inflicted upon the conquered peoples, in the peace dictates, leaves a burning scar on the people's conscience."
11
"Economically considered, war and revolution are always bad business."
11
"Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown in the days of his youth and many others which at that time could be enjoyed only by a small minority are now standard equipment of almost every household. He is fully confident that this trend will prevail also in the future. He simply calls it the American way of life and does not give serious thought to the question of what made this continuous improvement in the supply of material goods possible."
11
"It is true that some secluded intellectuals in their esoteric circles talk differently. They proclaim the priority of what they call eternal absolute values and feign in their declamations-not in their personal conduct-a disdain of things secular and transitory. But the public ignores such utterances. The main goal of present-day political action is to secure for the respective pressure group memberships the highest material well-being. The only way for a leader to succeed is to instill in people the conviction that his program best serves the attainment of this goal."
11
"My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the economics of mass unemployment and international economics."
11
"We cannot properly defend and protect ourselves without confidence. Confidence is vital, we must learn that confidence in life matters a lot."
11
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