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Quotes by Economist

"The system has for its object an increase of persons that are to intervene between the producer and the consumer, living on the product of the land and labour of others, diminishing the power of the first, and increasing the number of the last."

"I think that over the last few decades, we have seen better economic outcomes than in the past."
Past,

"Since the end of the nineteenth century, if not earlier, presidents have misled the public about their motives and their intentions in going to war."

"Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check."

"There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists."

"If you can find a cause that touches your soul it will make you a better person, it will show you the power of helping others and ultimately the biggest winner is us. Giving to others helps us to grow, to have a different outlook in life, to appreciate what we have and to be more positive."

"When we seed millions of acres of land with these plants, what happens to foraging birds, to insects, to microbes, to the other animals, when they come in contact and digest plants that are producing materials ranging from plastics to vaccines to pharmaceutical products?"

"Domestic inflation reflects domestic monetary policy."

"Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly."

"The cure for capitalism's failing would require that a government would have to rise above the interests of one class alone."

"And one of our points of continuing conversation with our trading partners is the urgency of their taking steps to remove barriers to their improved growth performance."

"All parties without exception, when they seek for power, are varieties of absolutism."


"The system of nature, of which man is a part, tends to be self-balancing, self-adjusting, self-cleansing. Not so with technology."

"Let her know that her look really works for you."

"It the British System is the most gigantic system of slavery the world has yet seen, and therefore it is that freedom gradually disappears from every country over which England is enabled to obtain control."

"Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with every day observation."

"By adopting the other trade, we place ourselves by the side of those whose measures tend not only to the improvement of their own subjects, but to the emancipation of the slave everywhere."

"Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also revenue to the State."

"I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our time is due to a certain timidity about soiling their hands by going from purely scientific questions into value questions."


"And for man to look upon himself as a capital good, even if it did not impair his freedom, may seem to debase him... by investing in themselves, people can enlarge the range of choice available to them. It is one way free men can enhance their welfare."

"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."

"If most people are not willing to see the difficulty, this is mainly because, consciously or unconsciously, they assume that it will be they who will settle these questions for the others, and because they are convinced of their own capacity to do this."

"The triumph of persuasion over force is the sign of a civilized society."


"You know, I think the, the crucial thing, you know, we have put in place what is, is just simply the biggest, boldest recovery package in history, right; the stimulus package, biggest ever; the financial rescue, absolutely comprehensive; a housing plan - that is incredible medicine for the economy. And we fully expect it to work."


"If you look at the studies coming out of the Congressional Budget Office, the number one thing that's going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare."

"And our big theme has been, you have made so much progress, we urge you on with the openings and market openings that have occurred. They clearly work and continuing on that path will produce further growth and further opportunities for the Indian people."

"Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011."

"All science is static in the sense that it describes the unchanging aspects of things."

"I knew that discrimination existed, even though there were many individuals who were not prejudiced."


"Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy."
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