Economic Times Quotes & Sayings

At independence Kenya's economic indicators were equal to those of South Korea, but 45 years down the road, Korea's economy is 40 times that of Kenya. The mediocrity of leadership is across the continent . — Raila Odinga

Propelled by freedom of faith, gender equality and economic justice for all, India will become a modern nation. Minor blemishes cannot cloak the fact that India is becoming such a modern nation: no faith is in danger in our country, and the continuing commitment to gender equality is one of the great narratives of our times. — Pranab Mukherjee

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

The economic crisis really affected my family - 2006 to 2011 were really bad times. Almost everybody in my family lost their jobs. — Joey Badass

Because evangelicals view their primary task as evangelism and discipleship,1 they tend to avoid issues that hinder these activities. Thus, they are generally not counter-cultural. With some significant exceptions, they avoid "rocking the boat," and live within the confines of the larger culture. At times they have been able to call for and realize social change, but most typically their influence has been limited to alterations at the margins. So, despite having the subcultural tools to call for radical changes in race relations, they most consistently call for changes in persons that leave the dominant social structures, institutions, and culture intact. This avoidance of boat-rocking unwittingly leads to granting power to larger economic and social forces. It also means that evangelicals' views to a considerable extent conform to the socioeconomic conditions of their time. — Christian Smith

In times of economic distress, it's only natural for people - and Americans have done this for many years - to look for a scapegoat. Depending on where you live in this country, the scapegoats are either, frankly, Mexicans or Muslims. So, you know, God save you if you happened to be a Mexican Muslim in America right now. — Reza Aslan

The Devil's strategy for our times is to trivialize human existence and isolate us from one another while creating the delusion that the reasons are time pressures, work demands or economic anxieties. — Philip Zimbardo

Yes, NFL players deserve to be paid well. Unfortunately, economic realities are forcing everyone to make tough choices and the NFL is no different. These are not easy negotiations, but the outcome can be positive. If both sides give a little, everyone, including fans, will get a lot and the game will improve through innovation. Even in difficult economic times, a new CBA presents us with the opportunity to secure the future of our game. — Roger Goodell

These are tough and unusual times and I don't see the negative global economic situation abating anytime soon. — James McNerney

There is a lovely feature of the American psyche which rejects the notion that there are victims. In America, attitude is a magical elixir that cures everything. People are supposed to believe that they create their realities, and are solely responsible for every aspect of their lives. Everything is because of a choice you made somewhere. Somehow, you were supposed to not only be equipped to make the right choice at all times, despite your circumstances, but to know exactly what the outcome of every choice you made would be. This is all very convenient for the people at the top of our economic system with all the money and the power. Keeps the rest of us trying. — Carl-John X. Veraja

The Abyss. Globalization had many economic benefits but, as in our own times, the creation of a truly international economic network combined greater efficiency with greater fragility. In 1914 a highly optimized system crashed in what was, without doubt, the biggest financial collapse of all time. (Unlike in 1929 or in 2008, the world's major stock markets were forced to suspend trading for no less than five months.) — Niall Ferguson

The 1986 tax act is sort of the unsung hero of the very good economic times we had for a long time. Of course, politics gums it all up again and preferences get put in. — George P. Shultz

After long centuries, agrarian civilization is weakening. Is sufficient attention being devoted to the arrangement and improvement of the life of the country people, whose inferior and at times miserable economic situation provokes the flight to the unhappy crowded conditions of the city outskirts, where neither employment nor housing awaits them? — Pope Paul VI

It's interesting that when economic times were the hardest, that's when many people embraced liberalism. — Oliver Stone

No one must ever let power or social, economic, or political interest turn him or her away from other human beings, from the attention they deserve and the respect they are entitled to. nothing must ever lead to a person to compromise this principle or faith in favor of a political strategy aimed at saving or protecting a community from some peril. The freely offered, sincere heart of a poor, powerless individual is worth a thousand times more in the sight of God than the assiduously courted, self-interested heart of a rich one. — Tariq Ramadan

Every dollar of SNAP benefits generates $1.84 in the economy in terms of economic activity. If people are able to buy a little more in the grocery store, someone has to stock it, package it, shelve it, process it, ship it. All of those are jobs. It's the most direct stimulus you can get in the economy during these tough times. — Tom Vilsack

... it can hardly be over-exaggerated that speculative thinking is always drawn from the necessities of the time, that it is always practical, that it always shifts with the interests of the times, with the changes of social, economic, and political conditions, and finally, that it is vain to hope to find an eternal, fixed, and immutable system of philosophy, and still hope for progress. A fixed system is applicable only to a dead society. — Holly Estil Cunningham

Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through. — Timothy Geithner

This is a subject I've given a lot of thought to, and I think I have the answer. I've tried to encompass in my theory all the sociological, mythological, religious, philosophical, muscular, economic, cultural, musical, physical, ethical, intellectual, metaphysical, anthropological, gynecological, historical, hormonal, environmental, judicial, legal, moral, ethnic, governmental, linguistic, psychological, schizophrenic, glottal, racial, poetic, dental [this was the logical link] artistic, military, and urinary considerations from prehistoric times to the present.I have been able to synthesize these considerations into one inescapable formulation: men can knock the shit out of women. — Fran Ross

The economic times we are facing ... are arguably the worst they've been in 60 years. And I think it's going to be more profound and long-lasting than people thought. — Alistair Darling

In schools of theology Negroes are taught the interpretation of the Bible worked out by those who have justified segregation and winked at the economic debasement of the Negro at times almost to the point of starvation. — Carter G. Woodson

In these economic times, reading is still the only affordable & fun luxury left.... — J.d. Rosy

It is easy to be pessimistic. These are extraordinarily difficult times, and the collective psyche is teetering. But we are closer to righting the wrongs that got us into this economic mess than most of us believe. — Mark Zandi

There are times when you should be completely out of the market, for emotional as well as economic reasons. — Jesse Lauriston Livermore

I had always assumed that people were interested in economic affairs, just as I was. My assumption was justified. The times caught up with me. I was ready. I was there. — Sylvia Porter

The school has always been the most important means of transferring the wealth of tradition from one generation to the next. This applies today in an even higher degree than in former times, for through modern development of economic life, the family — Albert Einstein

Art is fundamental, unique to each of us ... Even in difficult economic times - especially in difficult economic times, the arts are essential. — Maria Shriver

I've been very sensitive for a long time to the repeated pattern, during economic hard times or after a war, of the United States' essentially unilaterally disarming. — Robert M. Gates

[Herbert] Hoover, had he been challenged with the overpowering implausibility of his notion that economic life is a race that is won by the ablest runner, would have had a ready answer from his own biography: had he not started in life as a poor orphan and worked in the mines for a pittance, and had he not become first a millionaire and then President of the United States? There are times when nothing is more misleading than personal experience, and the man whose experience has embraced only success is likely to be a forlorn and alien figure when his whole world begins to fail. — Richard Hofstadter

At many points during our nation's history, there have been times - known in our history textbooks as 'panics' - when adverse conditions affecting the financial and economic sectors of the country have caused individuals to hoard more than they need. — Jo Bonner

The Economist magazine recently called female economic empowerment the most profound social change of our times. Women in the United States now get more college and graduate degrees than men do. We run some of the greatest companies. There are seventeen female heads of state around the world. We control more than 80 percent of U.S. consumer spending and, by 2018, wives will outearn husbands in the United States. Now comprising half of the workforce, women are closing the gap in middle management. Our competence and ability to excel have never been more obvious. Those who follow society's shifting values with a precision lens see a world moving in a female direction. — Katty Kay

The economic boom that followed World War II had made them richer than their parents. Instead of a comfortable life with a husband they'd known since high school, they craved glamour and romance. "We all learned from the movie stars," says Loretta, who married three times and now lives in Lake Worth, Florida. "New York then was like long black gloves and little hats, and you met your sweetheart in New York for a drink, kind of thing. It was like Sinatra and stuff like that. The songs had words, and you closed your eyes. — Pamela Druckerman

The rules in this new 'post-partisan' era are pretty simple: If the Democratic Party wants it, it's 'stimulus.' If the Republican Party opposes it, it's 'politics' - as in headlines like this: 'Obama Urges GOP To Keep Politics To A Minimum On Stimulus.' These are serious times: As the president says, it's the worst economic crisis since the Thirties. So politicians need to put politics behind them and immediately lavish $4.19 billion on his community-organizing pals at the highly inventive 'voter registration' group ACORN for 'neighborhood stabilization activities. — Mark Steyn

My mother was addicted to being rich, to servants and unlimited charge accounts, to giving lavish dinner parties, to taking frequent first-class trips to Europe. So one might say she was tormented by withdrawal symptoms all through the Great Depression. She was acculturated! Acculturated persons are those who find that they are no longer treated as the sort of people they thought they were, because the outside world has changed. An economic misfortune or a new technology, or being conquered by another country or political faction, can do that to people quicker than you can say "Jack Robinson." As Trout wrote in his "An American Family Marooned on the Planet Pluto": "Nothing wrecks any kind of love more effectively than the discovery that your previously acceptable behavior has become ridiculous." He said in conversation at the 2001 clambake: "If I hadn't learned how to live without a culture and a society, acculturation would have broken my heart a thousand times." *** — Kurt Vonnegut Jr.

An economically confident America has - since becoming a world power at the start of the 20th century - tended toward global engagement. It is during times of economic stress (1930s, 1970s) that America has become more withdrawn. — Thomas P.M. Barnett

As a concept, free-trade zones are as old as commerce itself, and were all the more relevant in ancient times when the transportation of goods required multiple holdovers and rest stops. Pre-Roman Empire city-states, including Tyre, Carthage and Utica, encouraged trade by declaring themselves "free cities," where goods in transit could be stored without tax, and merchants would be protected from harm. These tax-free areas developed further economic significance during colonial times, when entire cities- including Hong Kong, Singapore and Gibraltar - were designated as "free ports" from which the loot of colonialism could be safely shipped back to England, Europe or America with low import tariffs. Today, the globe is dotted with variations on these tax-free pockets, from duty-free shops in airports and free banking zones of the Cayman Islands to bonded warehouses and ports where goods in transit are held, sorted and packaged. — Naomi Klein

Social Security is a solemn promise to kupuna like my 88-year-old mother that they can rely on the retirement they've earned. While I'm glad to see our seniors receive an increase for the second year in a row, I wish the cost-of-living adjustment could be larger. However, every little bit helps make a difference in these tough economic times. — Mazie Hirono

In war and in peace, in prosperity and times of economic hardship, America has no better friend or more dependable ally than the United Kingdom. — Louis Susman

The rise of the Tea Party, along with the emergence of Christine O'Donnell in Delaware, Sharron Angle in Nevada, Carl Paladino in New York and Ron Paul in Kentucky, is not the first time in American history that voters have responded to hard economic times by supporting angry, unorthodox Senate and gubernatorial candidates. — Robert Dallek

The economic logic of gathering so many animals together to feed them cheap corn in CAFOs is hard to argue with; it has made meat, which used to be a special occasion in most American homes, so cheap and abundant that many of us now eat it three times a day. Not so compelling is the biological logic behind this cheap meat. Already in their short history CAFOs have produced more than their share of environmental and health problems: polluted water and air, toxic wastes, novel and deadly pathogens. — Michael Pollan

You create your life, and you can recreate it, too. In times of economic downturn and uncertainty, it's more important than ever to look deep inside yourself to fathom the sort of life you really want to lead and the talents and passions that can make that possible. — Ken Robinson

At times, one of man's greater needs is freedom from himself, and this freedom is likely to be increasingly threatened by population and economic pressures, by dogmas of organizations exalting power and bigness, and by old ideas that Nature exists only to be conquered. The trapper or the ex-trapper or the frank recluse is not alone in needing, on occasion, freedom from man to escape being psychologically overwhelmed by Man as a mass phenomenon. — Paul Errington

In these tough economic times, everybody has to cut back. I am down to three tabs of ecstasy a day. — Chelsea Handler

In music, on stage and on screen, fairy tales have always been guaranteed moneymakers. It's no wonder then, that in these difficult economic times, there are fairy tales everywhere you turn. From 'Once Upon a Time' and 'Grimm,' to 'Mirror, Mirror' and 'Snow White and the Huntsman.' — Alethea Kontis

We live in terribly complex times. We are confronted by very serious problems. Some of us are faced with sickness, with economic difficulties, with worry and concern over many matters. Our refuge, our peace, our well-being lie in walking in the way of the Lord. — Gordon B. Hinckley

When tiny, tiny things start happening a million times, it becomes a large thing. It lays down the foundation of a strong economic base. With women participating in building this economic base, it becomes the foundation for better social and economic future ... — Muhammad Yunus

We can decide that the presence of cancer-causing substances in our air, water, and food is too expensive. A 2009 study, for example, has found that coal miners in Appalachia costs the region five times more in premature deaths, including from cancer, than it provides to the region in jobs, taxes, and economic benefits. In California, the production and use of hazardous chemicals cost the state $2.6 billion in 2004 alone in lost wages and health-care expenses to treat workers and children with pollution-linked diseases. — Sandra Steingraber

Early biologists were the social scientists of their times, because their racial descriptions of the human species contain explicit behavioral correlations. Racial attributes were cited to explain social conditions, which then became a natural state of affairs. In the process of their construction, races are deemed part of nature; they are alleged to have been "discovered," not constructed by an emphasis on particular anatomical attributes. This assumption of the naturalness of race is connected with the pursuit of an explanation of a particular social condition - inequality. Races, as unequal biological entities, must be said to have their peculiar cultures, psychologies, and unequal economic circumstances. — Yehudi O. Webster

Tom Walls' buddies remain an isolated minority, except during times of economic or social stress, when a mass following develops to blame cranky sociopaths for the problems besetting society. If it weren't for brown-nosing evil firebrands, he would have no friends. The ideas backing up his rejoinders are extremely superficial and sex-crazed. — Linda Chavez

As even a democracy like the United States has shown, waging war can benefit a leader in several ways: it can rally citizens around the flag, it can distract them from bleak economic times, and it can enrich a country's elites. — Samantha Power

He had no idea that the world was entering an economic depression, or that hard times bring recriminations and blame. Privately, Harry's parents worried not just about the economy, but about the rising tide of nationalism and anti- Semitism. — Robert M. Edsel

By the early 1960's America had reluctantly come to realize that it possessed, as a nation, the most potent scientific complex in the history of the world. Eighty per cent of all scientific discoveries in the preceding three decades had been made by Americans. The United States had 75 per cent of the world's computers, and 90 per cent of the world's lasers. The United States had three and a half times as many scientists as the Soviet Union and spent three and a half times as much money on research; the U.S. had four times as many scientists as the European Economic Community and spent seven times as much on research. — Michael Crichton

But only 'rich' people by definition have the 'extra' money to buy things and invest to create economic growth. Do we really want to tax that 'extra' money away - and give it to the government to spend? Does that make any economic sense outside of politics and our emotional desire to make everyone suffer equally through these tough times? — Terry Savage

Not surprisingly, troubled economic times often beget proselytizers of wacky, extreme ideas. — Steven Rattner

Economic progress ... means the discovery and application of better ways of doing things to satisfy our wants. The piping of water to a household that previously dragged it from a well, the growing of two blades of grass where one grew before, the development of a power loom that enables one man to weave ten times as much as he could before, the use of steam power and electric power instead of horse or human power all these things clearly represent economic progress. — Kenneth E. Boulding

During difficult economic times, consumers gravitate toward the brands they know, the brands they love and trust. — Muhtar Kent

We can become very short-sighted in terms of objectives. The first thing to go during times of economic crisis and budget cuts is funding for things that are essential and not-quantifiable, like the arts. Save Big Bird — Julia Stiles

Whether we understand work spiritually depends in large part on whether we understand the economy spiritually. If we view the economy materialistically, thinking that economics is just about numbers on spreadsheets and arcane policy issues, we'll tend to view work materialistically. On the other hand, if we have the vision to see that the economy is really a moral system, a vast web of human relationships where people exchange their work with one another, we'll tend to see the spiritual dignity and meaning of our work. That's why dramatic economic changes, like the ones we're all going through right now, make people especially likely to despiritualize their work. At such times, the older economic systems and institutions that had embodied the spirituality of work for earlier generations become obsolete. We lose the sense that our work is part of a greater social whole that has dignity and purpose. As a result, our own work loses its sense of dignity and purpose. — Greg Forster

I fought for years to free myself of all my cultural, economic and political chains, to be free of owning or being owned. I refused. God, how hard it is to refuse sometimes. Especially during times of hardship, refusal requires willpower. And each refusal expands the boundaries of one's loneliness. You know how it goes," I said, running out of breath. "I did not belong to my town. I had no regular city or country address, no regular job, no steady lover, husband, child or family. I was infinitely independent and unfettered. I was hungry but free. — Buket Uzuner

Governments might come and go, wars will reshape the Ununited Kingdoms many times. But companies will stay, and flourish. Show me any major even on this planet and I will show you the economic reason behind it. Commerce is all powerful, Miss Strange. Commerce rules our lives. — Jasper Fforde

If overpopulation or lack of resources created poverty, then Hong Kong should be poor. Hong Kong has 20 times as many people per square mile as India, and no valuable natural resources. Yet Hong Kong is rich; the average income there is higher than in Great Britain or Canada. This is a recent development. In the 1920s, Hong Kong was as poor as India. But in a relatively short time it became rich because of one key ingredient: economic freedom. — John Stossel

We're obviously at the edge of something quite new in humanity's experience. That is this globalization process which isn't just economic or social, but involves the interpenetration of cultures, people moving to different places several times in their lifetime, traveling for business or pleasure, and marrying people of very different cultural backgrounds, all of which was almost impossible a hundred years ago. — Thomas Keating

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

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

Man cannot relinquish himself or the place in the visible world that belongs to him; he cannot become the slave of things, the slave of economic systems, the slave of production, the slave of his own products. A civilization purely materialistic in outline condemns man to such slavery, even if at times, no doubt, this occurs contrary to the intentions and the very premise of its pioneers. — Pope John Paul II

Commerce is considered by classical economists to be a positive-sum
game. The act of selling and buying always benefits both the seller
and the buyer. It is unfortunate that popular culture has propagated
the Marxist myth that one person gains in business at the expense of
another, that capitalism is evil because it is a zero-sum game - somebody
wins while someone else loses. When liberals make the argument
that capitalism is the cause of all of our problems, they are either
speaking out of abject ignorance or being totally disingenuous to
protect their interests. We have not had true free-market capitalism
in this country on any wide scale. Where we have had economic
successes in this nation's history, it has been those times when people
have done something outside of the government's involvement. Every
time the federal government has been involved, it has created chaos,
waste, and corruption. — Ziad K. Abdelnour

In societies like ours sex truly represents a second system of differentiation, completely independent of money; and as a system of differentiation it functions mercilessly. The effects of these two systems are, furthermore, strictly equivalent. Just like unrestrained economic liberalism produces phenomena of absolute pauperization. Some men make love every day; others five of six times in their life, or never. Some make love with dozens of women; others with none. It's what's known as 'the law of the market. — Michel Houellebecq

The League of Independent Theater represents a coming together of actual artistic and theatrical forces that may yet undo the difficulty of our times in maintaining the highest artistic standards in a period of economic crisis. Who can save us from the downhill trend of our economy except the vigor of our arts? Theatre, music and education are our only hopes to lift our times beyond their despair and create a viable, prosperous culture. — Judith Malina

I'm sure that you could go back and make a graph showing that all the killings of black males increased in times of economic difficulty. As a matter of fact, a black man was lynched last year. — Ishmael Reed

P R E S I D E N T Y O S H I D A'S T E N S P A R T A N R UlE S Hideo Yoshida's quest for management excellence was no doubt driven by his visions for Japanese marketing and media, but also by an overall worry about Japan's economic prospects after World War II. As a result, he developed a set of business and work principles, or rules, which he called the "Ten Spartan Rules": difficult work.5. Once you begin a task, complete it. Never give up.6. Lead and set an example for your fellow workers.7. Set goals for yourself to ensure a constant sense of purpose.8. Move with confidence. It gives your work force and substance.9. At all times, challenge yourself to think creatively and find new solutions.10. When confrontation is necessary, don't shy away from it. Confrontation is often necessary to achieve progress. These traditional work rules still guide Dentsu's employees, and are carried around in their notebooks — Anonymous

Slavery as an institution that degraded man to a thing has never died out. In some periods of history it has flourished: many civilizations have climbed to power and glory on the backs of slaves. In other times slaves have dwindled in number and economic importance. But never has slavery disappeared. — Milton Meltzer

I understand that in these difficult economic times, the potential for any additional expense is not welcomed by American businesses. But in the long run, the health insurance reform law promises to cut health-care costs for U.S. businesses, not expand them. — Gary Locke

It is an assumption brought forth countless of times in various contexts that the world would be better, drifting slower towards the ruin, if women had the "power"; if political leadership, decision making, government and economic life was in the hands of women. I think reality, the observation material, supports the assumption. — Pentti Linkola

Anarchism is a definite intellectual current in the life of our times, whose adherents advocate the abolition of economic monopolies and of all political and social coercive institutions within society. In place of the present capitalistic economic order Anarchists would have a free association of all productive forces based upon co-operative labour, which would have as its sole purpose the satisfying of the necessary requirements of every member of society, and would no longer have in view the special interest of privileged minorities within the social union. — Rudolf Rocker

College radio is a very important medium that needs to survive in difficult economic times when some stations are being sold off and shut down. College radio is the future for broadcasting stars and pioneers of tomorrow, and we as a band, Coldplay, support the vital mission of college radio and we also support College Radio Day, the day when college radio comes together. — Chris Martin

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

It seems like someone is using wars and our economic crisis to spread distrust and rancor among the population. In times like these, those are dangerous feelings to spread around. — Riccardo Bruni

Art - in all of its forms - is not exclusive. It does not belong to any class, cast or country. Its matchless ability to express the most basic human impulses is only strengthened by its universality. It transcends language and culture, bridges social and political chasms and nurtures a collective understanding. It engenders hope, rebuilds self-respect and restores humanity. Art is a motivator, a force of empowerment and a source of support for people of all races, nationalities, ages, economic situations and genders. It is ageless, timeless and breaks through many barriers. Art brings strength to those who lack confidence, wish for a mental escape from harsh environments or who seek to restore happiness and hope in times of great need." Artfully AWARE 5 — Artfully Aware

Business judgment is best developed through professional experience. The next best alternative is to be reading business articles. We recommend Bloomberg Businessweek and Economic Times/Business Standard, if time permits. — Sankalp Kelshikar

Poverty is not only about income poverty, it is about the deprivation of economic and social rights, insecurity, discrimination, exclusion and powerlessness. That is why human rights must not be ignored but given even greater prominence in times of economic crisis. — Irene Khan

I am sometimes asked, "How do you know there won't be a war tomorrow (or a genocide, or an act of terrorism) that will refute your whole thesis?" The question misses the point of this book. The point is not that we have entered an Age of Aquarius in which every last earthling has been pacified forever. It is that substantial reductions in violence have taken place, and it is important to understand them. Declines in violence are caused by political, economic, and ideological conditions that take hold in particular cultures at particular times. If the conditions reverse, violence could go right back up. — Steven Pinker

On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough. — James Surowiecki

Pew's Economic Mobility Project reports, "Germany is 1.5 times more mobile than the United States, Canada nearly 2.5 times more mobile, and Denmark 3 times more mobile."58 They find that the only other country with similarly low levels of mobility is our sibling in meritocracy, the birthplace of the word itself, the United Kingdom. And — Christopher L. Hayes

It's very important for the coming times to have a sound economic base and to be as mobile as possible. The energy lines will be shifting strongly as we enter into the end phase of the earth's cycle. — Frederick Lenz

The conception of duty, speaking historically, has been a means used by the holders of power to induce others to live for the interests of their masters rather than for their own. Of course the holders of power conceal this fact from themselves by managing to believe that their interests are identical with the larger interests of humanity. Sometimes this is true; Athenian slave owners, for instance, employed part of their leisure in making a permanent contribution to civilization which would have been impossible under a just economic system. Leisure is essential to civilization, and in former times leisure for the few was only rendered possible by the labors of the many. But their labors were valuable, not because work is good, but because leisure is good. And — Bertrand Russell

The capital amassed in the eighteenth and nineteenth centuries through various forms of slave economy is still in circulation, said De Jong, still bearing interest, increasing many times over and continually burgeoning anew. — W.G. Sebald

The truly bold thing for Obama to do would be to tell the panic-mongers and boondoggle-seekers to shove it, and to tell taxpayers to ride out the rest of the tough times while he gets Washington's own economic house in order. — Michelle Malkin

It is regrettable that people think about our monetary system, and of our economic structure, only in times of depression. — Henry Ford

It is the habit of the unthinking to turn to the illusions of economic magic. These unhappy times call for the building of plans that put their faith once more in the forgotten man at the bottom of the economic pyramid — Franklin D. Roosevelt

In boom times companies have high profits. They increase production to satisfy demand for goods. This leads to excess supply. Companies cut prices to compete for customers. leading to lower profits, lay-offs, and economic depression. Eventually lower prices lead to an increase in demand and profits go back up. The economy is a yo-yo. — Niall Kishtainy

In simple terms, I realised that food is the most fundamental need for a person. In difficult economic times, people's priorities change, and they might be willing to do something that secures for them the lowest possible weekly food bill. — Stelios Haji-Ioannou

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

Americans have no idea why they have been at war in the Middle East, Asia and Africa for a decade. They don't realize that their liberties have been supplanted by a Gestapo Police State. Few understand that hard economic times are here to stay. — Paul Craig Roberts

It's a topsy-turvy world in which a country can import the same amount of ice-cream, toilet paper and other goods to trading partners as it exports, and where top bankers are paid millions for destroying economic value, while hospital cleaners create value many times their pay — Andrew Simms

Funny thing about those Middle Ages, said Joseph. They just keep coming back. Mortals keep thinking they're in Modern Times, you know, they get all this neat technology and pass all these humanitarian laws, and then something happens: there's an economic crisis, or science makes some discovery people can't deal with. And boom, people go right back to burning Jews and selling pieces of the true Cross. Don't you ever make the mistake of thinking that mortals want to live in a golden age. They hate thinking. — Kage Baker

Americans have fought their way back from tough economic times, but the deck is still stacked in favor of those at the top, — Hillary Clinton

The President also talked at length about how well the American economy is doing. Apparently, he got his information on this topic from his millionaire supporters. For the average working family, these are trying economic times. — Jose Serrano

These are tough times, and the New Yorkers I have met are facing economic adversity with grace and dignity. They worry about their future, care about their neighbors and hope this storm will pass so they can focus on better days ahead. — Harold Ford Jr.

The best way for business to move out of the Hall of Shame is to demonstrate a commitment to social causes. This also makes business sense. A focus on solving social problems has motivational benefits in lean economic times. — Rosabeth Moss Kanter

Digitally enabled supply chains initially increased efficiency and dramatically shortened lead times. Capital was mobile; labor, less so. Economic activity (production, research, design, etc.) moved to any accessible country or region that had relatively inexpensive labor and human capital. — Michael Spence