Common Economic Quotes & Sayings

Economists use the word consume to mean "utilize economic goods," but the Shorter Oxford Dictionary's definition is more appropriate to ecologists: "To make away with or destroy; to waste or to squander; to use up." The economies that cater to the global consumer society are responsible for the lion's share of the damage that humans have inflicted on common global resources. — Alan Thein Durning

Whenever there is in any country, uncultivated lands and unemployed poor, it is clear that the laws of property have been so far extended as to violate natural right. The earth is given as a common stock for man to labour and live on. If, for the encouragement of industry we allow it to be appropriated, we must take care that other employment be furnished to those excluded from the appropriation. If we do not the fundamental right to labour the earth returns to the unemployed. — Thomas Jefferson

The ultimate goal of those who blame workers for Wall Street's economic crisis is to unravel the fabric of our common life in pursuit of greed and power. — Richard Trumka

It is, after all, only common sense to realize that, but for the fact that economic life is a process of incessant internal change, the business cycle, as we know it, would not exist. — Joseph A. Schumpeter

This emphasis on the difference between intentions and ultimate results constituted an implicit critique of the Christian and civic republican traditions, and continues to make moralists queasy. Both traditions had stressed the importance of good and benevolent intentions. By unlinking consequences from intentions, Smith called into question the necessity and possibility of elevating the economic behavior of individuals through preaching and propaganda.
Yet just as he transmuted the Christian virtue of charity into the secular virtue of benevolence, on another level Smith preserved the classic republican concern for the common good. Those who could be motivated to devote themselves to promoting the public interest were in need of superior reason and understanding, by which we are capable of discerning the remote consequences of all our actions, and of foreseeing the advantage or detriment which is likely to result from them. — Jerry Z. Muller

When you educate a girl, you kick-start a cycle of success. It makes economic sense. It makes social sense. It makes moral sense. But, it seems, it's not common sense yet. — Queen Rania Of Jordan

The Church encourages those in power to be truly at the service of the common good of their peoples. She urges financial leaders to take account of ethics and solidarity. And why should they not turn to God to draw inspiration from his designs? In this way, a new political and economic mindset would arise that would help to transform the absolute dichotomy between the economic and social spheres into a healthy symbiosis. — Pope Francis

Transit-for-all is about values. Improving public transportation is about giving all Americans the freedom of equal access to social and economic opportunities that enhance our quality of life. Investing in alternative transportation is using the common wealth for the common good. It is an expansion of freedom, creating more diverse transportation. Transit-for-all is a progressive strategic initiative to advance many of our goals at once. It's an economic issue. It would increase mobility of goods and labor. It would revitalize neglected neighborhoods. And it would spur growth and attract development. It's a labor issue. — George Lakoff

We can only live the changes we wish to see: we cannot think our way to humanity. Every one of us, every group, must become the model of that which we desire to create. We must break the obsolete social and economic systems that divide the world between the over-privileged and the under-privileged. Each of us, whether government leader or protester, business executive or worker, professor or student, share a common guilt. — Ivan Illich

The common stock of intellectual enjoyment should not be difficult of access because of the economic position of him who would approach it. — Jane Addams

Economic libertarians and Christian evangelicals, united by their common enemy, are strange bedfellows in today's Republican party, just as the two Georges - the archconservative Wallace and the uberliberal McGovern - found themselves in the same Democratic Party in 1972. — Steven Pinker

More and more clearly every day, out of biology, anthropology, sociology, history, economic analysis, psychological insight, plain human decency and common sense, the necessary mandate of survival that we shall love all our neighbors as we do ourselves, is being confirmed and reaffirmed. — Ordway Tead

If we put our trust in the common sense of common men and 'with malice toward none and charity for all' go forward on the great adventure of making political, economic and social democracy a practical reality, we shall not fail. — Henry A. Wallace

When people have different ideas about which of these four modes of interacting applies to a current relationship, the result can range from blank incomprehension to acute discomfort or outright hostility. Think abut a dinner guest offering to pay the host for her meal, a person barking an order to a friend, or an employee helping himself to a shrimp off the boss' plate. Misunderstandings in which one person thinks of a transaction in terms of Equality Matching and another thinks in terms of Market Pricing are even more pervasive and can be even more dangerous. They tap into very different psychologies, one of them intuitive and universal, the other rarefied and learned, and clashes between them have been common in economic history. — Steven Pinker

Here Marx simply assumes that proletarianization has already occurred and that a functioning labor market already exists. But he does, however, want to make "one thing" clear: Nature does not produce on the one hand owners of money or commodities, and on the other hand men possessing nothing but their own labour-power. This relation has no basis in natural history, nor does it have a social basis common to all periods of human history. It is clearly the result of a past historical development, the product of many economic revolutions, of the extinction of a whole series of older formations of social production. — David Harvey

Any system that penalizes success and accomplishment is wrong. Any system that discourages work, discourages productivity, discourages economic progress, is wrong. If, on the other hand, you reduce tax rates and allow people to spend or save more of what they earn, they'll be more industrious; they'll have more incentive to work hard, and money they earn will add fuel to the great economic machine that energizes our national progress. The result: more prosperity for all - and more revenue for government. A few economists call this principle supply-side economics. I just call it common sense. — Ronald Reagan

Sometimes critics decry spirituality as individualism, but they miss the point. Spirituality is personal, yes. To experience God's spirit, to be lost in wonder, is something profound that we can all know directly and inwardly. That is not a problem. The real problem is that, in the last two centuries, religion has actually allowed itself to become privatized. In the same way that our political and economic concerns contracted from "we" to "me," so has our sense of God and faith. In many quarters, religion abandoned a prophetic and creative vision for humanity's common life in favor of an individual quest to get one's sorry ass to heaven. And, in the process, community became isolated behind the walls of buildings where worship experiences corresponded to members' tastes and preferences and confirmed their political views. — Diana Butler Bass

Erich Fromm in his 1941 book "Escape from Freedom", about the nature of one of our culture's most cherished values. Fromm argues that freedom is composed of two complementary parts. A common view of freedom is that it means "freedom from the political, economic, and spiritual shackles that have bound men," which defines it as the absence of others forcibly interfering with the pursuit of our goals. In contrast to this "freedom from," Fromm identifies an alternate sense of freedom as an ability: the "freedom to" attain certain outcomes and realize our full potential. "Freedom from" and "freedom to" don't always go together, but one must be free in both senses to obtain full benefit from choice. A child may be allowed to have a cookie, but he won't get it if he can't reach the cookie jar high on the shelf. — Sheena Iyengar

Single people slip out of the dating market for many social, economic, psychological, and ideological reasons including marriage, illness, bankruptcy, job promotion, exhaustion, and common sense. Inevitably, however, they return because of divorce, boredom, loneliness, and memory loss. — Linda Sunshine

The more you participate in our common endeavors, the more successful your work in the factory, mine, wharf or village, in an economic institute or in the arts, in commerce or administration, the sooner we will be where we all want to be. — Walter Ulbricht

Bast, who has little of the swagger common to so many denialists, is equally honest about the fact he and his colleagues did not become engaged with climate issues because they found flaws in the scientific facts. Rather, they became alarmed about the economic and political implications of those facts and set out to disprove them. — Naomi Klein

The analysis of our illustrations has taught us another incidental lesson. This is that, when we study the effects of various proposals, not merely on special groups in the short run, but on all groups in the long run, the conclusions we arrive at usually correspond with those of unsophisticated common sense. It would not occur to anyone unacquainted with the prevailing economic half-literacy that it is good to have windows broken and cities destroyed; that it is anything but waste to create needless public projects; that it is dangerous to let idle hordes of men return to work; that machines which increase the production of wealth and economize human effort are to be dreaded; that obstructions to free production and free consumption increase wealth; that a nation grows richer by forcing other nations to take its goods for less than they cost to produce; that saving is stupid or wicked and that squandering brings prosperity. — Henry Hazlitt

Unless modern civilization is a failure, it is entirely feasible and practicable for two races in such essential political, economic and religious harmony as the white and colored people in America, to develop side by side in peace and mutual happiness, the peculiar contribution which each has to make to the culture of their common country. — W.E.B. Du Bois

It may be shocking to some people in this country to realize that, without meaning to do so, they hold views in common with Hitler when they preach discrimination against other religious, racial or economic groups. — Henry A. Wallace

Europe has never had a single or unified voice in world affairs: a common foreign policy. It has often appeared to be rudderless and unable to make quick decisions when faced with economic crises, presenting instead an image of division and hopelessness. — Klaus Schwab

If we've learned any lessons during the past few decades, perhaps the most important is that preservation of our environment is not a partisan challenge; it's common sense. Our physical health, our social happiness, and our economic well-being will be sustained only by all of us working in partnership as thoughtful, effective stewards of our natural resources. — Ronald Reagan

The Imperial forces must keep their hands off, but they find that they can do much even so. Each sector is encouraged to be suspicious of its neighbors. Within each sector, economic and social classes are encouraged to wage a kind of war with each other. The result is that all over Trantor it is impossible for the people to take united action. Everywhere, the people would rather fight each other than make a common stand against the central tyranny and the Empire rules without having to exert force. — Isaac Asimov

The arts have long been an integral and vibrant part of our nation's cultural heritage. In its many forms, art enables us to gain a deeper understanding of ourselves and of our society. Providing us with a unique way to learn about people of other cultures, it allows us to discover all that we have in common. At its best, art can beautify our cities, encourage economic development and social change, and profoundly affect the ways we live our lives. — William J. Clinton

Mathematical economics is old enough to be respectable, but not all economists respect it. It has powerful supporters and impressive testimonials, yet many capable economists deny that mathematics, except as a shorthand or expository device, can be applied to economic reasoning. There have even been rumors that mathematics is used in economics (and in other social sciences) either for the deliberate purpose of mystification or to confer dignity upon common places as French was once used in diplomatic communications. — James R Newman

The best attitude to receive the Pope's teachings is to understand that he is a religious leader and the essence of his message comes from the Gospel, not from one ideology or another.And so, if our economic systems are not oriented toward the human person but only concerned with profits, he wants to confront the system and change it. This, by the way, is common to all the popes, it comes directly from the so-called social teachings of the church. — Marcelo Sanchez Sorondo

People like me who were engaging in brinkmanship with the party economic bosses and the open dissidents who were being arrested were pursuing a common goal in different ways. — Vaclav Klaus

The billionaire investor George Soros has coined a term to describe this perspective: "free market fundamentalism." It is the belief not simply that free markets are the best way to run an economic system, but that free markets are the only way that will not ultimately destroy our other freedoms. "The doctrine of laissez-faire capitalism holds that the common good is best served by the uninhibited pursuit of self-interest,"36 Soros wrote. — Naomi Oreskes

A culture is much more than politics. It is a national identity encompassing education, fine and popular arts and entertainment, science, physical and mental health, leisure activities, friend and family relationships, values, ambitions. . .everything that constitutes the basic shared core values of any country. In our case, the core value of individualism has been the common denominator linking all other aspects of our cultural distinctiveness; it is what makes The United States "America." Viable only where Liberty reigns, valuing the sovereignty of individuals is precisely what makes America exceptional; therefore, it is the culture that warrants attention because the actual, underlying disease invading the mental health of our country has arisen not from the government directly but from the injection of deleterious ideas into our entire individualistic social-economic system. Proposals — Alexandra York

Surely, nothing can be more plain or even more trite common sense than the proposition that innovation [ ... ] is at the center of practically all the phenomena, difficulties, and problems of economic life in capitalist society. — Joseph A. Schumpeter

People are the common denominator of progress. So ... no improvement is possible with unimproved people, and advance is certain when people are liberated and educated. It would be wrong to dismiss the importance of roads, railroads, power plants, mills,and the other familiar furniture of economic development ... But we are coming to realize ... that there is a certain sterility in economic monuments that stand alone in a sea of illiteracy. Conquest of illiteracy comes first. — John Kenneth Galbraith

In Economics as almost everywhere else, with all our cleverness, we have become decidedly less wise, while knowing more and more about less and less. We have lost the sense of proportion--so indispensable for every economist--while analysing the curiosities of hypothetical economic situations and forgetting what has a bearing on real economic life. In spinning out the fine threads of the New Economics, we forget the most elementary principles of economics, and while stressing what might
at best in highly exceptional circumstances we overlook what are almost perennial truths. While proudly parading our elaborate equations we unlearnt that simple common sense which consists in reckoning with human reactions and institutions as they really are. — Wilhelm Ropke

To build a twenty-first-century economy, America must revive a nineteenth-century habit
investing in the common, national economic resources that enable every person and every firm to create wealth and value. — William J. Clinton

Rather than dividing the world between good and evil, the Left divided the world in terms of economics. Economic classes, not moral values, explained human behavior. Therefore, to cite a common example, poverty, not one's moral value system, or lack of it, caused crime. — Dennis Prager

Therefore it is not arrogance or narrow-mindedness that leads the economist to discuss these things from the standpoint of economics. No one, who is not able to form an independent opinion about the admittedly difficult and highly technical problem of calculation in the socialist economy, should take sides in the question of socialism versus capitalism. No one should speak about interventionism who has not examined the economic consequences of interventionism. An end should be put to the common practice of discussing these problems from the standpoint of the prevailing errors, fallacies, and prejudices. It might be more entertaining to avoid the real issues and merely to use popular catchwords and emotional slogans. But politics is a serious matter. Those who do not want to think its problems through to the end should keep away from it. — Ludwig Von Mises

In the EU you have half a billion people who share a common belief in democracy, in rights, in the kind of economic life we want. — Catherine Ashton

This principle - that your spouse should be capable of becoming your best friend - is a game changer when you address the question of compatibility in a prospective spouse. If you think of marriage largely in terms of erotic love, then compatibility means sexual chemistry and appeal. If you think of marriage largely as a way to move into the kind of social status in life you desire, then compatibility means being part of the desired social class, and perhaps common tastes and aspirations for lifestyle. The problem with these factors is that they are not durable. Physical attractivess will wane, no matter how hard you work to delay its departure. And socio-economic status unfortunately can change almost overnight. When people think they have found compatibility based on these things, they often make the painful discovery that they have built their relationship on unstable ground. A woman "lets herself go" or a man loses his job, and the compatibility foundation falls apart. — Timothy Keller

Black men, Indian men, and gay men have all have something in common: They do not provide an economic security blanket for women. — Warren Farrell

Let's be honest. The activities of our economic and social system are killing the planet. Even if we confine ourselves merely to humans, these activities are causing an unprecedented privation, as hundreds of millions of people-and today more than yesterday, with probably more tomorrow-go their entire lives with never enough to eat. Yet curiously, none of this seems to stir us to significant action. And when someone does too stridently point out these obvious injustices, the response by the mass of the people seems so often to be ... a figurative if not physical blow to the gut, leading inevitably to a destruction of our common future. Witness the enthusiasm with which those native nations that resisted their conquest by our culture have been subdued, and the eagerness with which this same end is today brought to those-native or not-who continue to resist too strongly. How does this come to happen, in both personal and social ways? — Derrick Jensen

The truth about people at every economic level of life is you get those who are kind and who are not, those who are greedy, whether they be rich or poor. That's a common thread through humanity on any street you go to. — Gavid Hood

There will be no peace in Europe if the States rebuild themselves on the basis of national sovereignty, with its implications of prestige politics and economic protection ( ... ). The countries of Europe are not strong enough individually to be able to guarantee prosperity and social development for their peoples. The States of Europe must therefore form a federation or a European entity that would make them into a common economic unit. — Jean Monnet

What in the name of reason does this nation expect of a people, poorly trained and hard pressed in severe economic competition, without political rights, and with ludicrously inadequate common-school facilities? What can it expect but crime and listlessness, offset here and there by the dogged struggles of the fortunate and more determined who are themselves buoyed by the hope that in due time the country will come to its senses? — W.E.B. Du Bois

Africa is one continent, one people, and one nation. The notion that in order to have a nation it is necessary for there to be a common language, a common territory and common culture has failed to stand the test of time or the scrutiny of scientific definition of objective reality ... The community of economic life is the major feature within a nation, and it is the economy which holds together the people living in a territory. It is on this basis that the new Africans recognise themselves as potentially one nation, whose dominion is the entire African continent. — Kwame Nkrumah

The world is a big place, and there are many paths that lead to success. This applies to both political and economic concepts. For this reason, we see no need to stoically pursue the Chinese, American or French way. But we have socialism in common with China. — Nguyen Minh Triet

Just as the UK should withdraw from the EU and go back to the original European Economic Area principles of engagement with the continent, so also should it establish a free trade Commonwealth Market. — Przemek Skwirczynski

A populist is someone who fights for common sense economic policies that sustain and expand the middle class. — Bruce Braley

Addressing the economic plight of women may ultimately be the feminist platform that draws a collective response. It may well become the place of collective organizing, the common ground, the issue that unites all women. — Bell Hooks

On economic matters Garrett had a brilliant simplicity. In November 1913, while editor of the Annalist, he began a monthly column on money in Everybody's, writing as John Parr. One of the most common questions from readers was why the government simply didn't print money to spend on public works, instead of borrowing it at interest. It was a variant of the Coxey idea. Garrett explained that money is not wealth, but a claim on wealth, and that you do not add to wealth by creating more claims to it.4 — Bruce Ramsey

Libertarians have always battled the age-old scourge of war. They understood that war brought death and destruction on a grand scale, disrupted family and economic life, and put more power in the hands of the ruling class - which might explain why the rulers did not always share the popular sentiment for peace. Free men and women, of course, have often had to defend their own societies against foreign threats; but throughout history, war has usually been the common enemy of peaceful, productive people on all sides of the conflict. — David Boaz

Two common conceptions with regard to advertising which are held by a considerable number of people are that enormously large sums of money are expended for it, and that much of this expenditure is an economic waste. — Daniel Starch

The supremacy of Parliament and the embedding of property rights in Common Law put political power in the hands of men anxious to exploit the new economic opportunities and provided the framework for a judicial system to protect and encourage productive economic activity — Douglass North

By all means, let's have free trade and no trade barriers and a common market. But where did it all suddenly become about our own economic and political destiny being surrendered to Brussels with agendas that arguably have very little to do with the interests of the British people and British voters? — Lloyd Dorfman

In a hyper materialist environment where everything is reduced to mere economic considerations, what we deem to be important is often trivial, a temporary fix for deeper and more profound yearnings.
This has given rise to what some may describe as a unique pathology common to modern wealthy societies: moral and spiritual emptiness among opulence and material luxury. — Cory Bernardi

Is one of the sins our unbridled economic self-interest, which turns its back on the common good in pursuit of individual wealth? Might it be our careless exploitation and waste of precious natural resources, which threaten future generations with scarcity of water, wood, minerals, clean air, and all those essential things we need to survive? — Joanna Leiserson

The built environment is shaped not only by private sector development pratices, but also by the honored and fascinating field of planning. Planners in towns, counties, regional and state government, consulting firms and in economic development agencies translate ideas about human settlements into concrete designs. They can be generalists or specialize in transportation, urban centers, rural land use, economic development and more. At its best, the planning profession aims to mediate tensions between people, social groups, and the natural environment by creating an orderly process for determining common values, shared priorities and elegant principles for transcending conflicts. Therefore planners may find themselves caught in some of the most challenging political crossfire to be found. But they also have the opportunity to educate many sectors and communities. — Melissa Everett

My elections are really not about campaigns. I tell my people that these are about a movement. And a movement to do what? To restore common sense. A movement to do things like provide economic growth. And a movement not to let anybody be behind. — John Kasich

Only through the struggle of the working class, the main revolutionary force in modern society, can a progressive solution be found to the crisis created by the breakdown of capitalism. The working class is revolutionary because 1) it is the principal productive force in society; 2) the historical and political logic of its resistance to capitalist exploitation and oppression leads to the abolition of private ownership of the means of production, the replacement of the profit motive with the satisfaction of social needs as the driving principle of economic life, and the realization of genuine social equality among all people; and 3) it is an international class whose victory will break down the barriers of national states and unite humanity in a truly global community devoted to the protection and development of its common home, the Earth. — Anonymous

I believe economic growth should translate into the happiness and progress of all. Along with it, there should be development of art and culture, literature and education, science and technology. We have to see how to harness the many resources of India for achieving common good and for inclusive growth. — Pratibha Patil

The economic dependence of woman and her apparently indestructible illusion that marriage will release her from loneliness and work and worry are potent factors in immunizing her from common sense in dealing with men at work. — Mary Barnett Gilson

The common people don't believe this kind of religion [of islamic fundamentalists] because first and foremost they want to solve their basic problems, including human rights and economic. — Abdul Sattar Edhi

The great goal of the backlash is to nurture a cultural class war, and the first step in doing so, as we have seen, is to deny the economic basis of social class. After all, you can hardly deride liberals as society's "elite" or present the GOP as the party of the common man if you acknowledge the existence of the corporate world the power that creates the nation's real elite, that dominates its real class system, and that wields the Republican Party as its personal political system. — Thomas Frank

OUCH

"The arrabal (a term used for poor neighbourhoods in Argentina and Uruguay) and carpa (informal mobile theatre set up inside tents, once common in Latin America), with their caliente (hot) rhythms such as the rumba or the cha-cha-cha, were conquering audiences all over the world, a trend allegorised in song lyrics about their popularity among the French and other non-Latin Americans - "The Frenchman has fun like this/as does the German/and the Irishman has a ball/as does even the Muslim" ("Cachita") - even as they filtered in the presence of a blackness - "and if you want to dance/look for your Cachita/and tell her "Come on negrita"/let's dance" - denied in the official discourse of those Spanish=speaking countries wielding the greatest economic power in the region: namely, Argentina and Mexico, the latter of which would eventually incorporate Afro-Latin American culture into its cinema - although being careful to mark it as Cuban and not Mexican. — Robert McKee Irwin

In essence, then, the common picture of economic thought after Smith needs to be reversed. In the conventional view, Adam Smith, the towering founder, by his theoretical genius and by the sheer weight of his knowledge of institutional facts, single-handedly created the discipline of political economy as well as the public policy of the free market, and did so out of a jumble of mercantilist fallacies and earlier absurd scholastic notions of a 'just price'. The real story is almost the opposite. Before Smith, centuries of scholastic analysis had developed an excellent value theory and monetary theory, along with corresponding free market and hard-money conclusions. Originally embedded among the scholastics in a systematic framework of property rights and contract law based on natural law theory, economic theory — Anonymous

In the forty years of the people's republic, some of the worst historical traits were preserved in our people. These included even the common characteristics developed in the economic reality of the time of partitions in the 17th and 18th centuries. — Andrzej Wajda

For decades, I thought that scientific truth, solid economic case studies, and common sense were enough to bring about change on the environmental front. After all, the data is so compelling! I thought that if people just understood the severity of today's environmental threats and knew about available solutions, those solutions would happen. Not so. — Annie Leonard

History, practical experience, common sense and economic theory all agree: economic competition is probably one of the greatest ideas humans ever came up with. When people compete to achieve the same goal, great things seem to happen that otherwise would not. Things get done faster, cheaper, and better; new methods for lifting a weight or quenching a thirst are invented; the average guy ends up with more of the stuff he likes at a lower price than before. That is why, in the end, socialism collapsed like a rotten wall: it did not allow its people to compete and, as a result, it not only made their economic life miserable, but strangled their hearts and souls. — Michele Boldrin

The nation will continue to be a central pole of identification, even if more and more nations come to share common economic and political forms of organization. — Francis Fukuyama

Libertarianism is neither of the left nor of the right. It is unique. It is sui generis. It is apart from left and right. The left right political spectrum simply has no room for libertarianism. Think of an equilateral triangle, with libertarianism at one corner, the left at a second corner and the right at the third corner. We are equally distant from both of those misbegotten political economic philosophies. No, better yet, think in terms of an isosceles triangle, with us at the top and the two of them at the bottom, indicating they have more in common with each other than with us. — Walter Block

Modern man has made no significant leaps in the evolution of consciousness for thousands of years. In fact, we may even be less intelligent than some of the civilizations that have preceded us. Scientists have speculated that the gap of intelligence between great thinkers such as Einstein and Tesla compared to the average human is far greater than the gap between the average human and contemporary apes. What is it that is blocking us from achieving a superior level of intelligence?
Aside from the mental conditioning that our culture has been subjected to, I believe that it is due to an utter lack of understanding human nature. Modern humans are raised in such a negative environment. The corruption of our educational system, economic structure, and media outlets has resulted in a state of ignorance common amongst most individuals. — Joseph P. Kauffman

Markets do not automatically generate trust, cooperation or collective action for the common good. Quite the contrary: it is in the nature of economic competition that a participant who breaks the rules will triumph - at least in the short run - over more ethically sensitive competitors. — Tony Judt

It violates right order whenever capital so employs the working or wage-earning classes as to divert business and economic activity entirely to its own arbitrary will and advantage, without any regard to the human dignity of the workers, the social character of economic life, social justice, and the common good. — Pope Pius XI

We can unfortunately not indefinitely extend the sphere of common action and still leave the individual free in his own sphere. Once the communal sector, in which the state controls all the means, exceeds a certain proportion of the whole, the effects of its actions dominate the whole system. Although the state controls directly the use of only a large part of the available resources, the effects of its decisions on the remaining part of the economic system become so great that indirectly it controls almost everything. — Friedrich Hayek

All progressive thought has assumed tacitly that human beings desire nothing beyond ease, security and avoidance of pain ... Hitler, because in his joyless mind he feels it with exceptional strength, knows that human beings don't only want comfort, safety, short working-hours, hygiene, birth-control and, in general, common sense; they also, at least intermittently, want struggle and self-sacrifice, not to mention drums, flags and loyalty-parades. However they may be as economic theories, Fascism and Nazism are psychologically far sounder than any hedonistic conception of life. — George Orwell

In the midst of economic recovery and global upheaval, disasters like this remind us of the common humanity that we share. — Barack Obama

For my part, while I am as convinced a Socialist as the most ardent Marxian, I do not regard Socialism as a gospel of proletarian revenge, nor even, primarily, as a means of securing economic justice. I regard it primarily as an adjustment to machine production demanded by considerations of common sense, and calculated to increase the happiness, not only of proletarians, but of all except a tiny minority of the human race. — Bertrand Russell

Over 70% of what are called corruption (cases), even by EFCC (Economic and Financial Crimes Commission) and other anti-corruption agencies, is not corruption, but common stealing, — Goodluck Jonathan

The idea of storage as a solution of economic problems at least has the support of common sense.It is diametrically opposed to the topsy-turvy Alice-in-Wonderland reasoning that has marked so much of our depression thinking and policy. — Benjamin Graham

the organization of labor is only another word for the forms of life of the common people, this means that the development of the market system would be accompanied by a change in the organization of society itself. All along the line, human society had become an accessory of the economic system. — Karl Polanyi

The Social Security Act offers to all our citizens a workable and working method of meeting urgent present needs and of forestalling future need. It utilizes the familiar machinery of our Federal-State government to promote the common welfare and the economic stability of the Nation. — Franklin D. Roosevelt

The faith of a church or of a nation is an adequate faith only when it inspires and enables people to give of their time and energy to shape the various institutions - social, economic, and political - of the common life. — James Luther Adams

The dynamic of globalisation in financial and economic terms, but also in geopolitical terms, confronts Europeans with a stark choice: live together, share a common destiny and count in the world; or face the prospect of disunity and decline. — Jose Manuel Barroso

We deem it opportune to remind our children of their duty to take an active part in public life and to contribute toward the attainment of the common good of the entire human family as well as to that of their own political community. They should endeavor, therefore, in the light of their Christian faith and led by love, to insure that the various institutions - whether economic, social, cultural or political in purpose - should be such as not to create obstacles, but rather to facilitate or render less arduous man's perfecting of himself in both the natural order and the supernatural.... Every believer in this world of ours must be a spark of light, a center of love, a vivifying leaven amidst his fellow men. And he will be this all the more perfectly, the more closely he lives in communion with God in the intimacy of his own soul — Pope John XXIII

There are many forms of writing that are common, but also very formulaic, such as annual reports or economic studies. In those areas, people would probably be relieved not to have to write those kinds of things because they are mundane and drudgery. — Philip M. Parker

It is sometimes suggested that the [Nazi economic] recovery was a product of a specific fascist economic strategy, which distinguished it from the recovery efforts of other capitalist states. While few would disagree that the Nazi regime had a number of clear ideological preferences when it came to the economy, the policies pursued in 1933 had much in common with those adopted in other countries, and with the policies of the pre-Hitler governments. — Richard Overy

The free enterprise concept inherent in the economic model of capitalism should mean common people, or lower and middle class wage-earners, have greater potential to rise up and gain financial independence. In reality, however, free enterprise all too often leads to an almost total lack of government regulation that in turn allows the global elite to run amuck in Gordon Gecko-style financial coups. — James Morcan

Economists who have studied the relationship between education and economic growth confirm what common sense suggests: The number of college degrees is not nearly as important as how well students develop cognitive skills, such as critical thinking and problem-solving ability. — Derek Bok

It is now up to us to see that we embark on the next stage leading to political unity, which I think is the consequence of economic unity, so that Europe can in the future also play a political role on the international stage, leading even as far as a common defence policy. — Jacques Santer

The journalist Walter Lippmann identified in Henry Ford, for all his peculiarity, a common strain of "primitive Americanism." The industrialist's conviction that he could make the world conform to his will was founded on a faith that success in economic matters should, by extension, allow capitalists to try their hands "with equal success" at "every other occupation." "Mr. Ford is neither a crank nor a freak," Lippmann insisted, but "merely the logical exponent of American prejudices about wealth and success. — Greg Grandin

Often, economists spend their energies squabbling with one another, but arguably the more important contrast is between our broadly liberal economic worldview and the various alternatives - common around the globe - that postulate natural hierarchies of religion, ethnicity, caste and gender, often enforced by law and strict custom. — Tyler Cowen

The important role of union organizations must be admitted: their object is the representation of the various categories of workers, their lawful collaboration in the economic advance of society, and the development of the sense of their responsibility for the realization of the common good. — Pope Paul VI

Our vision is not just of economic growth, but also of a growth which would improve the life of the common man, — Manmohan Singh

It is common talk that every individual is entitled to economic security. The only animals and birds I know that have economic security are those that have been domesticated
and the economic security they have is controlled by the barbed-wire fence, the butcher's knife and the desire of others. They are milked, skinned, egged or eaten up by their protectors. — Ray Lyman Wilbur

The truth of anything doesn't matter anymore. What's right doesn't matter. What makes economic common sense doesn't matter. I'm blue in the face over it. — Rush Limbaugh