Quotes & Sayings About Economic Policy

For too long the development debate has ignored the fact that poverty tends to be characterized not only by material insufficiency but also by denial of rights. What is needed is a rights-based approach to development. Ensuring essential political, economic and social entitlements and human dignity for all people provides the rationale for policy. These are not a luxury affordable only to the rich and powerful but an indispensable component of national development efforts. — Kofi Annan

As a Whig, Lincoln had seen the slavery question as a threat to party unity and economic policy as a source of party strength. Now, he realized, the situation was reversed. He worked to ensure that the new party with its heterogeneous membership ignored divisive issues like the Whig economic agenda, which he had strenuously advocated for two decades but which would alienate former Democrats. — Eric Foner

The minimum wage was enacted in 1937 during the Great Depression and it has been increased 16 times. It's a well-established economic policy to help families. — John Freeman

Today's Republican Party ... is an insurgent outlier. It has become ideologically extreme; contemptuous of the inherited social and economic policy regime; scornful of compromise; unpersuaded by conventional understanding of facts, evidence, and science; and dismissive of the legitimacy of its political opposition, all but declaring war on the government. The Democratic Party, while no paragon of civic virtue, is more ideologically centered and diverse, protective of the government's role as it developed over the course of the last century, open to incremental changes in policy fashioned through bargaining with the Republicans, and less disposed to or adept at take-no-prisoners conflict between the parties. This asymmetry between the parties, which journalists and scholars often brush aside or whitewash in a quest for "balance," constitutes a huge obstacle to effective governance. — Thomas E. Mann

The job of economic theorists is to prove theorems. The job of policy economists is to figure out which theorems to apply. — N. Gregory Mankiw

We have an economic policy that is just about 10,000 years out of date. — Louis O. Kelso

Inflationism, however, is not an isolated phenomenon. It is only one piece in the total framework of politico-economic and socio-philosophical ideas of our time. Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, statism and socialism. — Ludwig Von Mises

The test of a progressive policy is not private but public, not just rising income and consumption for individuals, but widening the opportunities and what Amartya Sen calls the 'capabilities' of all through collective action. But that means, it must mean, public non-profit initiative, even if only in redistributing private accumulation. Public decisions aimed at collective social improvement from which all human lives should gain. That is the basis of progressive policy - not maximising economic growth and personal incomes. Nowhere will this be more important than in tackling the greatest problem facing us this century, the environmental crisis. Whatever ideological logo we choose for it, it will mean a major shift away from the free market and towards public action, a bigger shift than the British government has yet envisaged. And, given the acuteness of the economic crisis, probably a fairly rapid shift. Time is not on our side. — Eric Hobsbawm

Low interest rates are usually attributed to low inflation, weak economic growth and super easy monetary policy. But there's another deep-seated factor that doesn't get much attention: demographics. — Greg Ip

I mean, you know, this idea that somebody we disagree with on economic or social policy or something we have to turn into some kind of ogre or demon, I think, is a mistake. I mean, it's like telling the American people or half the American people that don't agree with you they're all fools. That's just not true. — William J. Clinton

If this Government cannot get the adjustment, get manufacturing going again, and keep moderate wage outcomes and a sensible economic policy, then Australia is basically done for. We will end up being a third rate economy ... a banana republic. — Paul Keating

The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are. For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people. — Ludwig Von Mises

Often analysis seems to be based on the assumption that future economic output is almost entirely determined by inexorable economic forces independently of government policy so that devoting more resources to one use inevitably detracts from availability for another. — William Vickrey

Allowing liberals to manage economic policy is like hiring monkeys to be aircraft mechanics. — James Cook

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. — Ludwig Von Mises

Good economic policy requires not so much the bravado to implement drastic change as the strength and wisdom to make reasonable trade-offs over the many years it takes to transform a country's standard of living. — Peter Blair Henry

External explanations of black-white differences - discrimination or poverty, for example - seem to many to be more amenable to public policy than internal explanations such as culture. Those with this point of view tend to resist cultural explanations but there is yet another reason why some resist understanding the counterproductive effects of an anachronistic culture: Alternative explanations of economic and social lags provide a more satisfying ability to blame all such lags on the sins of others, such as racism or discrimination. Equally important, such external explanations require no painful internal changes in the black population but leave all changes to whites, who are seen as needing to be harangued, threatened, or otherwise forced to change.
In short, prevailing explanations provide an alibi for those who lag - and an alibi is for many an enormously valuable asset that they are unlikely to give up easily. — Thomas Sowell

Policy makers beware: unless you are ready to admit that you are facing an essentially theological problem in the Middle East, do not go about prescribing solutions, for you may actually make matters worse - particularly by creating the false impression that economic, sociological, or political programs can fix what is, in fact, a delusion of faith — Robert Reilly

Already, China has undermined U.S. foreign policy in efforts to gain access to oil resources in Iran and Sudan. We simply cannot separate the political and economic values of oil. — Jo Ann Emerson

I'm the only candidate which has a policy about how to bring economic opportunity - using clean, renewable energy as the key - into coal country, because we're going to put a lot of coal miners and coal companies out of business. — Hillary Clinton

As a matter of policy, increasing taxes on the most economically productive group, which already generates 60 percent of the nation's federal revenues, during a sustained period of economic doldrums is a wretched idea. — John Podhoretz

America's foreign policy supports freedom, democracy, and human dignity for all mankind, and we make no apologies for it. The opportunity society that we want for ourselves we also want for others, not because we're imposing our system on others but because those opportunities belong to all people as God-given birthrights and because by promoting democracy and economic opportunity we make peace more secure. — Ronald Reagan

The majority of any society comprised, Smith knew, not landlords or merchants, but "servants, laborers, and workmen of different kinds," who derived their income from wages. Their welfare was the prime concern of economic policy, as Smith conceived it. "No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable," he wrote. "It is but equity, besides, that they who feed, clothe and lodge the whole body of the people should have such a share of the produce of their own labour as to be themselves tolerably well fed, clothed, and lodged." The chief economic concern of the legislator, in Smith's view, ought to be the purchasing power of wages, since that was the measure of the material well-being of the bulk of the population. (p. 64) — Jerry Z. Muller

It is like using a smoke screen, the same thing for an individual. The topic here is Islam. If French politicians are no longer talking about Islam, they know they will have to talk about something else, which brings the spotlight on their inefficiency. They will have to talk about domestic social and economic issues and they will have to justify their foreign policy, which is obviously something they need to avoid at all costs. — Tariq Ramadan

Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything. — Gavyn Davies

Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession. — William Greider

The whole infrastructure of air travel was, and is, part of government policy. It is not a natural development of a free economic system - at least not in the way that is claimed. The same is true of the roads, of course. — Noam Chomsky

Good times make bad policy. - Mohammad Sadli, economic adviser to Indonesia's General Suharto2 — Naomi Klein

A government always finds itself obliged to resort to inflationary measures when it cannot negotiate loans and dare not levy taxes, because it has reason to fear that it will forfeit approval of the policy it is following if it reveals too soon the financial and general economic consequences of that policy. Thus inflation becomes the most important psychological resource of any economic policy whose consequences have to be concealed; and so in this sense it can be called an instrument of unpopular, i.e. of anti-democratic, policy, since by misleading public opinion it makes possible the continued existence of a system of government that would have no hope of the consent of the people if the circumstances were clearly laid before them. That is the political function of inflation. It explains why inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism. — Ludwig Von Mises

A long decade ago economic growth was the reigning fashion of political economy. It was simultaneously the hottest subject of economic theory and research, a slogan eagerly claimed by politicians of all stripes, and a serious objective of the policies of governments. The climate of opinion has changed dramatically. Disillusioned critics indict both economic science and economic policy for blind obeisance to aggregate material "progress," and for neglect of its costly side effects. Growth, it is charged, distorts national priorities, worsens the distribution of income, and irreparably damages the environment. Paul Erlich speaks for a multitude when he says, "We must acquire a life style which has as its goal maximum freedom and happiness for the individual, not a maximum Gross National Product." [in Nordhaus, William D. and James Tobin., "Is growth obsolete?" Economic Research: Retrospect and Prospect Vol 5: Economic Growth. Nber, 1972. 1-80] — James Tobin

On economic policy, my support of smaller government, lower taxes and economic reform is consistent with the mainstream of the Republican Party in the United States and with many Democrats as well. — John Howard

Socialist endeavour of the Fabian type would not have amounted to anything at any other time. But it did amount to much during the three decades preceding 1914, because things and souls were ready for that kind of message and neither for a less nor for a more radical one. Formulation and organization of existing opinion were all that was needed in order to turn possibilities into articulate policy, and this "organizing formulation" the Fabians provided in a most workmanlike manner. They were reformers. The spirit of the times made socialists of them. They were genuine socialists because they aimed at helping in a fundamental reconstruction of society which in the end was to make economic care a public affair. — Joseph Alois Schumpeter

It is time to end the western policy of malign neglect. It is in the interest of the whole world to help tackle the actual grievances in Palestine, Kashmir, and in central and southern Iraq, and to help the region out of its economic backwardness. — James Buchan

Affirmative action was designed to recognize the uniquely difficult journey of African-Americans. This policy was justifiable and understandable, even to those who came from white cultural groups that had also suffered in socio-economic terms from the Civil War and its aftermath. — Jim Webb

Making economic policy isn't a popularity contest, especially when financial markets are in a panic. — David Ignatius

The Economic Policy Institute, a progressive think tank, estimated that the hedge fund loophole cost the government over $6 billion a year - the cost of providing health care to three million children. Of that total, it said, almost $2 billion a year from the tax break went to just twenty-five individuals. — Jane Mayer

President Obama has called for economic and political empowerment of women globally. The Equal Futures Partnership promotes removal of policy, legal, and regulatory barriers that hold women back at local, state and national levels. — Lael Brainard

Thatcherite economic policy was most acutely felt in the coal industry, where tens of thousands of jobs were lost as pits were shut down. — John Burnside

Policy is largely set by economic elites and organized groups representing business interests with little concern for public attitudes or public safety, as long as the public remains passive and obedient. — Noam Chomsky

Austerity policy without currency devaluation can only hamper economic growth. — Lou Jiwei

Revenue has increased in this way is in no small measure, I am convinced, due to our low tax policy which has helped to generate an economic expansion in the face of unfavourable circumstances — John James Cowperthwaite

Booming cities, and the provinces and states in which they are located, are driving forces in economic growth today. Consequently, they constitute the new frontier in America's international economic policy. — Robert Hormats

few weeks later, back in Miami, I spot a small news item. Thailand's newly installed prime minister, Surayud Chulanont, the civilian face of the junta, has announced that henceforth, official government policy will no longer focus on economic growth but, rather, the happiness of the people. It is largely a public-relations ploy - but, still, a military government with a happiness policy! As the sublime absurdity of this news sinks in, I react in the only sensible way: I smile. A broad, authentic Thai smile. Really. If you were there, you'd know. You would have seen it in my eyes. — Eric Weiner

The excellence of metallic money in free circulation consists in the fact that it renders impossible the abuse of the power of the government to dispose of the possessions of its citizens by means of its monetary policy and thus serves as the solid foundation of economic liberty within each country and of free trade between one country and another. — Faustino Ballve

Our immigration policy should be driven by what is in the best interest of this great country and the American people. Comprehensive immigration reform will strengthen U.S. security and boost economic growth. — Charles B. Rangel

The theory of economic shock therapy relies in part on the roleof expectations on feeding an inflationary process. Reining in inflation requires not only changing monetary policy but also changing the behavior of consumers, employers and workers. The role of a sudden, jarring policy shift is that it quickly alters expectations, signaling to the public that the rules of the game have changed dramatically - prices will not keep rising, nor will wages. — Naomi Klein

Although it's the second largest country in the world, our useful area has been reduced. Our immigration policy is disgusting: We plunder southern countries by depriving them of future leaders, and we want to increase our population to support economic growth. — David Suzuki

Student loans have been helpful to many. But they offer neither incentive nor assistance to those students who, by reason of family or other obligations, are unable or unwilling to go deeper into debt ... It is, moreover, only prudent economic and social policy for the public to share part of the costs of the long period of higher education for those whose development is essential to our national economic and social well-being. All of us share in the benefits - all should share in the costs. — John F. Kennedy

People confuse economists and economic policy. — Franco Modigliani

The wolf reintroduction has gone so well that, somewhat ironically, the wolves are now threatened by their own success. Indeed, virtually all the conditions for strong public support that were evident in the early years of the program remain intact. The scientific and economic studies cited above support the original predictions of benefits, and agency officials remain committed to the policy. Yet some political actors remain hostile to the program. As NPS management assistant Sacklin said, "No amount of good science will stop a politician. — William R. Lowry

My opponent Senator Menendez and his colleagues are pursuing what I consider a Jon Corzine economic policy. Higher taxes, more spending, more debt. — Joseph M. Kyrillos

Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor. — Ha-Joon Chang

A National Government cannot create good times. It cannot make the rain to fall, the sun to shine, or the crops to grow, but it can, by pursuing a meddlesome policy, attempting to change economic conditions, and frightening the investment of capital, prevent a prosperity and a revival of business which might otherwise have taken place. — William Howard Taft

The great flaw of all these administrative techniques is that, in the name of equality and democracy, they function as a vast "antipolitics machine", sweeping vast realms of legitimate public debate out of the public sphere and into the arms of technical, administrative committees. They stand in the way of potentially bracing and instructive debates about social policy, the meaning of intelligence, the selection of elites, the value of equity and diversity, and the purpose of economic growth and development. They are, in short, the means by which technical and administrative elites attempt to convince a skeptical public--while excluding the public from debate--that they play no favorites, take no obscure discretionary action, and have no biases but are merely taking transparent technical calculations. — James C. Scott

Why does a public discussion of economic policy so often show the abysmal ignorance of the participants? — Robert Solow

While things on the surface seem more quiet than at any time since last summer, I do not like the maintenance of what amounts to almost full mobilization in aggressor countries. Surely they cannot afford it and if they had any definite policy of trying to work out economic salvation (except by arms) they would be showing some signs of cutting military expenditures. — Franklin D. Roosevelt

When trying to explain the violent path of some Islamists, Western commentators sometimes blame harsh economic conditions, dysfunctional family circumstances, confused identity, the generic alienation of young males, a failure to integrate into the larger society, mental illness, and so on. Some on the Left insist that the real fault lies with the mistakes of American foreign policy.
None of this is convincing. Jihad in the twenty-first century is not a problem of poverty, insufficient education, or any other social precondition. (Michael Zehaf-Bibeau was earning more than $90,000 a year working for a drilling company in British Columbia, where he also reportedly proclaimed his support of the Taliban and joked about suicide bombing vests, with no repercussions.) We must move beyond such facile explanations. The imperative for jihad is embedded in Islam itself. It is a religious obligation. — Ayaan Hirsi Ali

The principle of real leadership ignored, the immortal objects of society forgotten, practical conservatism degenerated into mere laudation of private enterprise, economic policy almost wholly surrendered to special interests. — Russell Kirk

If Nick Clegg hadn't been sitting around the cabinet table, we wouldn't have had the bedroom tax; we wouldn't have had the rise in tuition fees. We wouldn't have had the mistakes we've seen in economic policy. — Douglas Alexander

In general, the deployment of austerity as economic policy has been as effective in bringing us peace, prosperity, and crucially, a sustained reduction of debt, as the Mongol Golden Horde was in furthering the development of Olympic dressage. — Mark Blyth

This civilization was able to spring into existence because the peoples were dominated by ideas which were the application of the teachings of economics to the problems of economic policy. It will and must perish if the nations continue to pursue the course which they entered upon under the spell of doctrines rejecting economic thinking. — Ludwig Von Mises

Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. — Ludwig Von Mises

Fifty years ago, historians advised politicians and policy-makers. They helped chart the future of nations by helping leaders learn from past mistakes in history. But then something changed, and we began making decisions based on economic principles rather than historical ones. The results were catastrophic. — Annalee Newitz

Democrats with a good understanding of the need for strong energy policy in our country, especially in these difficult economic times, recognized the importance of the Keystone XL pipeline. — John Hoeven

The Fed's low-interest policy not only encourages spending and borrowing, it discourages the one thing that best helps people raise themselves into higher economic classes - saving. — Mark Thornton

Refuting the false promises requires philosophic understanding of economic interventionism, central banking, and the deeply flawed foreign policy of meddling in the affairs of other nations. — Ron Paul

As to the efficacy of the policy recommended by Rostow, it speaks for itself: no country, once underdeveloped, ever managed to develop By Rostow's stages. Is that why Rostow is now trying to help the people of Vietnam, the Congo, the Dominican Republic, and other underdeveloped countries to overcome the empirical, theoretical, and policy shortcomings of his manifestly non-communist intellectual aid to economic development and cultural change by bombs, napalm, chemical and biological weapons, and military occupation? — Andre Gunder Frank

My interest in economics has always been in the whole corpus of economic theory, the interrelationships between the various fields of theory and their relevance for the formulation of economic policy. — James Meade

It is easy to lose sight of the ultimate purpose of economic policy: the life satisfaction of the population. That ultimate goal should be unassailable for a country founded precisely to defend the inalienable right to the pursuit of happiness. — Jeffrey D. Sachs

The corporation is not an independent "person" with its own rights, needs, and desires that regulators must respect. It is a state created tool for advancing social and economic policy. — Joel Bakan

It is incredible to me that any woman should consider the fight for full equality won. It has just begun. There is hardly a field, economic or political, in which the natural and unaccustomed policy is not to ignore women ... Unless women are prepared to fight politically they must be content to be ignored politically. — Alice Paul

Current public diplomacy and foreign policy making reduces the role of American citizens to mere spectators. The USIA's model of democracy and the free market is promoted as the superpower version of economic globalization, packaged and ready for shipping to clients throughout the world. In this version, foreign capital flows freely while the movement of people, particularly the world's poor, is strictly controlled. Such a commercial package speaks first and foremost for government 'partners,' the Fortune 500 corporations, which are the primary beneficiaries as well as the bankrollers of the American political process. This is a packaged story of America that is incomplete and undemocratic. Where do workers and communities fit into the story? How do private citizens play a part in building dialogue across cultures? — Nancy Snow

We need to have a pro-growth policy put in place that offers people hope and offers the opportunity for businesses to expand and for them to have confidence in what the world is going to look like for the next two or three or four years with respect to economic policy. — Dick Cheney

tenure at Treasury was not as successful as his career at Alcoa. Almost immediately after taking office he began focusing on a couple of key issues, including worker safety, job creation, executive accountability, and fighting African poverty, among other initiatives. However, O'Neill's politics did not line up with those of President Bush, and he launched an internal fight opposing Bush's proposed tax cuts. He was asked to resign at the end of 2002. "What I thought was the right thing for economic policy was the opposite of what the White House wanted," O'Neill told me. "That's not good for a treasury secretary, so I got fired. — Charles Duhigg

I'm not a policy expert - I am only arguing that there is more to an education than an economic ticket. — Rebecca Mead

Economists agree about economics - and that's a science - and they disagree about economic policy because that's a value judgment ... I've had profound disagreements on policy with the famous Milton Friedman. But, on economics, we agree. — Franco Modigliani

The successful conduct of economic policy is possible only if there is - and is seen to be - full agreement between the Prime Minister and the Chancellor of the Exchequer. — Nigel Lawson

An overall picture of how a developing country with considerable amount of natural resources may get in trouble can be described by discussing the lack of absorption capacity where overspending on domestically produced goods leads to increased price level.Further, an inefficient choice of public policy cause poor economic performance through the mismanagement of budget expenditure. In this case governments undertake projects not to achieve social optimality rather to increase their fame. Hence "easy money" may easily lead to increased corrupt activities in contracting projects thereby affecting negatively the transparency level and the competitiveness of market economy — Anonymous

By maintaining the separation of church and state, the United States has avoided the intolerance which has so divided the rest of the world with religious wars. Throughout our two hundred plus years, public policy debate has focused on political and economic issues, on which there can be compromise ... — Barry Goldwater

The First Nations Financial Transparency Act insulted the integrity of the very people in our communities who guide our economic policy and act as our mediators with provincial and federal governments. — Eden Robinson

The World Trade Organization, The World Bank, The International Monetary Fund and other financial institutions virtually write economic policy and parliamentary legislation. With a deadly combination of arrogance and ruthlessness, they take their sledgehammers to fragile, interdependent, historically complex societies and devastate them, all under the fluttering banner of 'reform'. — Arundhati Roy

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts. — Ron Paul

We in Himalaya are facing a crisis of survival due to the suicidal activities being carried out in the name of development ... The monstrous Tehri dam is a symbol of this ... There is need for a new and long-term policy to protect the dying Himalaya. I do not want to see the death of the most sacred river of the world-the Ganga- for short-term economic gains. — Sunderlal Bahuguna

But this book is about something else: what goes on in the lives of real people when the industrial economy goes south. It's about reacting to bad circumstances in the worst way possible. It's about a culture that increasingly encourages social decay instead of counteracting it. The problems that I saw at the tile warehouse run far deeper than macroeconomic trends and policy. too many young men immune to hard work. Good jobs impossible to fill for any length of time. And a young man [one of Vance's co-workers] with every reason to work - a wife-to-be to support and a baby on the way - carelessly tossing aside a good job with excellent health insurance. More troublingly, when it was all over, he thought something had been done to him. There is a lack of agency here - a feeling that you have little control over your life and a willingness to blame everyone but yourself. This is distinct from the larger economic landscape of modern America. — J.D. Vance

America's experience, like many others, teaches us that fostering entrepreneurship is not just about crafting the right economic policy or developing the best educated curricula. It's about creating an entire climate in which innovation and ideas flourish. — Joe Biden

If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment. — Ben Bernanke

When you see government leaders really bullying business, you know that government's economic policy is failing. They get angry and they get desperate. — Amity Shlaes

Watch out Mr. Bush! With the exception of economic policy and energy policy and social issues and tax policy and foreign policy and supreme court appointments and Rove-style politics, we're coming in there to shake things up! — Tom Toles

I believe that it must be the policy of the United States to support free peoples who are resisting attempted subjugation by armed minorities or by outside pressures. I believe that we must assist free peoples to work out their own destinies in their own way. I believe that our help should be primarily through economic and financial aid which is essential to economic stability and orderly political processes. — Harry S. Truman

It was almost forbidden in the Soviet Union to study the New Economic Policy. — Anatoly Chubais

America needs a sensible, sustainable Iran policy that can meet U.S. security and economic interests, command international support and withstand the shifting Middle Eastern sands. — Samantha Power

The people see that Wall Street is running our economic policy, that big oil is running our energy policy and the military industrial complex is determining our foreign policy ... — Alan Grayson

Many of the pathologies that run through the carceral state also run through American politics today. They include the unwarranted reverence for nonpartisanship at all costs, the uncritical acceptance of neoliberalism in all aspects of public policy, the stranglehold that economic and financial interests exert on politics and policy-making, the growing political and economic disenfranchisement of wide swaths of the population, and the gross limitations of oppositional strategies formed primarily around identity-based politics. — Marie Gottschalk

The essence of neo-colonialism is that the State which is subject to it is, in theory, independent and has all the outward trappings of international sovereignty. In reality its economic system and thus its political policy is directed from outside. — Kwame Nkrumah

I shall argue that it is the capital stock from which we derive satisfaction, not from the additions to it (production) or the subtractions from it (consumption): that consumption, far from being a desideratum, is a deplorable property of the capital stock which necessitates the equally deplorable activity of production: and that the objective of economic policy should not be to maximize consumption or production, but rather to minimize it, i.e. to enable us to maintain our capital stock with as little consumption or production as possible. — Kenneth E. Boulding

That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them. — Vaclav Klaus

We have to be aware that fossil fuel energy sources have an expiry date. A timeframe of 30, 40 or 50 years can seem a long time to get rewards for economic policy, but it's only a short time for implementing a new energy policy. — Carlo Rubbia

I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe. — Lucas Papademos

Ensuring fairness in the American workplace should be a cornerstone of our economic policy. — Tim Scott

It's not that I disagreed with Bush's economic policy ... I believed he was a child of Satan here to destroy the planet ... — Bill Hicks