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Quotes by Economist
"In this country protection has always, to some extent, existed; but at some times it has been efficient, and at others not; and our tendency toward freedom or slavery has always been in the direct ratio of its efficiency or inefficiency."
8
"Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates for upper-income individuals to revert back to where they were before the cuts in the 1990s. I think at that point it makes perfect sense."
8
"Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest."
8
"He will therefore have to use what knowledge he can achieve, not to shape the results as the craftsman shapes his handiwork, but rather to cultivate a growth by providing the appropriate environment, in the manner in which the gardener does this for his plants."
7
"It is the consumers who make poor people rich and rich people poor."
7
"Yes, long hours and a hard life for my parents, but for a six to seven year old every new day dawned with fresh excitement when you have not a care in the world, and so much to learn and witness."
7
"We can not paint that in a more positive way if it is already negative, we have to take it that way and think of other means for reaching there."
7
"Restrictionistic ideas have never met with any measure of popular sympathy except after a time of monetary depreciation when it has been necessary to decide what should take the place of the abandoned inflationary policy."
7
"We shall never change our political leaders until we change the people who elect them."
7
"To enable men to exercise that power is the object of protection."
7
"Tax increases appear to have a very large sustained and highly significant negative impact on output."
7
"As regards this country, in which protection has always to some extent existed, it is the best customer that England ever had, and our demands upon her grow most steadily and regularly under protection."
7
"Let the government not be an instructor but a parent who loves and adjusts to the needs of the nation, But remember a parent does what makes things look good to the entire family without segregation."
7
"If it's me who loves you, you'll know, as I will tell it you in my own words."
7
"War can really cause no economic boom, at least not directly, since an increase in wealth never does result from destruction of goods."
7
"Other inflationists realize very well that an increase in the quantity of money reduces the purchasing power of the monetary unit. But they endeavour to secure inflation none-the-less, because of its effect on the value of money; they want depreciation, because they want to favour debtors at the expense of creditors and because they want to encourage exportation and make importation difficult."
7
"Telecom is a dramatic success in India and our view is, respecting the political process, and respecting the fact that these are sovereign decisions, is that, approaching India as a friend."
7
"Mankind's problems can no longer be solved by national governments. What is needed is world government."
7
"Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?"
7
"Give me a fruitful error anytime, full of seeds, bursting with its own corrections."
7
"From where I am sitting much of the country now sees the President the way I have seen him since the campaign. He is an ambitious leftist, with little understanding of economics, and with far-reaching goals to create significant and irreversible growth of government and redistribution of wealth through dramatic changes in tax, regulatory, and spending policies."
7
"I, like many members of my generation, was concerned with segregation and the repeated violation of civil rights."
7
"With rising incomes, the share of expenditures for food products declines. The resulting shift in expenditures affects demand patterns and employment structures."
Food,
7
"All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership."
6
"People who are in a fortunate position always attribute virtue to what makes them so happy."
6
"Well, there's no doubt about the fact that, that higher energy prices lead to greater conservation, greater energy efficiency, and they also, of course, play a useful role on the supply side."
6
"All varieties of the producers' policy are advocated on the ground of their alleged ability to raise the party members' standard of living. Protectionism and economic self-sufficiency, labor union pressure and compulsion, labor legislation, minimum wage rates, public spending, credit expansion, subsidies, and other makeshifts are always recommended by their advocates as the most suitable or the only means to increase the real income of the people for whose votes they canvass. Every contemporary statesman or politician invariably tells his voters: My program will make you as affluent as conditions may permit, while my adversaries' program will bring you want and misery."
6
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