Economic Trade Off Quotes & Sayings

I see Lord Buddha doing to our collective spiritual well-being what global trade did to our collective economic well-being and the digital internet did to our collective intellectual well-being. — Narendra Modi

The countries that have risen and separated out as a result of the collapse of the Soviet Union are, on the whole, following freer economic policies. Most of these states have freer government and less restrictions on trade. — Milton Friedman

Self-government will not work unless the citizens bear the responsibility to vote in such a way that continues their freedoms and their ability to have free elections, that continues their economic prosperity. They have to vote in a way that does not trade the future for the present. This — Eric Metaxas

Fascism's success almost always depends on the cooperation of the "losers" during a time of economic and technological change. The lower-middle classes - the people who have just enough to fear losing it - are the electoral shock troops of fascism (Richard Hofstadter identified this "status anxiety" as the source of Progressivism's quasi-fascist nature). Populist appeals to resentment against "fat cats," "international bankers," "economic royalists," and so on are the stock-in-trade of fascist demagogues. — Jonah Goldberg

The military-strategic dimensions of world order were, in American thinking, inseparable from the economic dimensions. US planners viewed the establishment of a freer and more open international economic system as equally indispensable to the new order they were determined to construct from the ashes of history's most horrific conflict. Experience had instructed them, Secretary of State Cordell Hull recalled, that free trade stood as an essential prerequisite for peace. The autarky, closed trading blocs, and nationalistic barriers to foreign investment and currency convertibility that had characterized the depression decade just encouraged interstate rivalry and conflict. A — Robert J. McMahon

Historically speaking, religious and conservative groups always wanted the control over the private sphere that impacts women most, as reflected by family law and women's access to resources and mobility. And often secular groups traded this for economic incentives and trade. — Zainab Salbi

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

Much of the criticism of economic globalization has centered on factory labor abuses. But the majority of the world's poor are not employed in factories; they are self-employed - as peasant farmers, rural peddlers, urban hawkers, and small producers, usually involved in agriculture and small trade in the world's vast "informal" economy . — David Bornstein

The unbearable silliness of English newspapers from about 1900 onward has had two main causes. One is that nearly the whole of the Press is in the hands of a few very big capitalists who are interested in the continuance of capitalism and therefore in preventing the public from learning to think; the other is that peacetime newspapers live off advertisements for consumption goods, building societies, cosmetics and the like, and are therfore interested in maintaining a "sunshine mentality" which will induce people to spend money. Optimism is good for trade, and more trade means more advertisements. Therefore, don't let people know the facts about the political and economic situation; divert their attention to giant pandas, channel swimmers, royal weddings and other soothing topics. — George Orwell

The trade union movement represents the organized economic power of the workers ... It is in reality the most potent and the most direct social insurance the workers can establish. — Samuel Gompers

The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the center of global economic activity with financial and trade ties to every region of the globe. — Timothy Geithner

Istory is best explained dramatically, because for God's sake nobody's going to tell me that massive Homeric war so to speak, between the Achaens and the Iliums was caused merely by some economic factor concerning trade ... — Jack Kerouac

Neoliberalism is in the first instance a theory of political economic practices that proposes that human well-being can best be advanced by liberating individual entrepreneurial freedoms and skills within an institutional framework characterized by strong private property rights, free markets, and free trade. — David Harvey

The slave trade was not controlled by any state or government. It was a purely economic enterprise, organised and financed by the free market according to the laws of supply and demand. Private slave-trading companies sold shares on the Amsterdam, London and Paris stock exchanges. Middle-class Europeans looking for a good investment bought these shares. Relying on this money, the companies bought ships, hired sailors and soldiers, purchased slaves in Africa, and transported them to America. There they sold the slaves to the plantation owners, using the proceeds to purchase plantation products such as sugar, cocoa, coffee, tobacco, cotton and rum. — Yuval Noah Harari

It hurt the economic historians, the Marxists and the fabians, to admit that the Ten Hour Bill, the basic piece of 19th century legislation, came down from the top, out of aa nobleman's private feelings about the Gospel, or that the abolition of the slave trade was achieved, not through the operation of some "law" of profit and loss, but peurlet as the result of tyhe new humanitarianism of the Evangelicals. — Barbara Tuchman

ECONOMIC IMPACT - The United States buys almost three quarters of a trillion dollars ($738,000,000,000.00) more from overseas suppliers than it sells in exports (balance of trade deficit). Overall, the US buys about $ 2.5 trillion dollars in goods and services produced by the other nations of the world every year. With the United States gone as the world's economic engine, the remaining nations of the world will, in varying degrees, immediately suffer from staggering financial depression. The financial credit crisis that started in mid-September, 2008 in the United States, soon reverberated in stock markets across the world. — John Price

One of the proven ways of getting workers more involved with their jobs is by dovetailing employee profit-sharing and stock ownership plans with greater responsibility sharing ... Trade unions in this country should ... consider these arrangements much more carefully than they have up to now ... Expanded employee profit participation and stock ownership would provide workers with a greater measure of economic and social independence, thus stimulating increased productivity. — Jacob K. Javits

Populists of the Trump variety and the Sanders variety (who are not in fact as different as they seem) are not wrong to see these corporate cosmopolitans as members of a separate, distinct, and thriving class with economic and social interests of its own. Those interests overlap only incidentally and occasionally with those of movement conservatives - and overlap even less as the new nationalist-populist strain in the Republican party comes to dominate the debate on questions such as trade and immigration. Under attack from both the right and the left, free enterprise and free trade increasingly are ideas without a party. As William H. Whyte discovered back in 1956, the capitalists are not prepared to offer an intellectual defense of capitalism or of classical liberalism. They believe in something else: the managers' dream of command and control. — Kevin D. Williamson

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

All too often miners, and indeed other trade unionists, underestimate the economic strength they have. — Arthur Scargill

If you have a carbon cap and trade system, there'd be an agreed-to limit the amount of carbon we emit. That changes the economic picture for fossil technologies and for the renewable technologies. It makes the renewable technologies more attractive and the fossils less attractive. — Vinod Khosla

For the future world-trading regime to mirror economic reality and to allow the use of modern business strategies, we need a single overarching multilateral framework for trade. We can have either a flat world or a patchwork of crisscrossing mountain ranges and tunnels. — Victor Fung

If the American government can't stand behind the dollar, the world's benchmark currency, then the global financial system will very likely enter a new era in which there is much less trade and much less economic growth. It would be, by most accounts, the largest self-imposed financial disaster in history. — Adam Davidson

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

One of the reasons for this cataclysmic change of destinies was the inherent weakness of a decaying agricultural empire of the Mughals which after more than two hundred years of rule over vast areas of India, was at its terminal stage and needed a small push to crumble like a house of cards.That push was given by six East India Companies of different European countries which had extracted rights to trade with India from the Mughals but transformed themselves as the arbiters and protectors of several Indian states. In this process they not only became rich but also militarily strong because in the twilight years of the Mughal empire, deteriorating security environment necessitated to arm themselves to protect their economic interests. Because of their inherent superiority as representatives of rising industrial powers, they had access to modern techniques and technology of warfare, which turned out to be the decisive factor in capturing vast territories in India. — Shahid Hussain Raja

Freedom of mind and mind itself have been most fully developed in regions where trade developed at the same time. In all ages, without exception, every intense production of art, ideas, and spiritual values has occurred in some locality where a remarkable degree of economic activity was also manifest. — Paul Valery

For years, President Obama and his top officials vehemently denounced China for using its surveillance capabilities for economic advantage while insisting that the United States and its allies never do any such thing. The Washington Post quoted an NSA spokesperson saying that the Department of Defense, of which the agency is a part, " 'does engage' in computer network exploitation," but "does ***not*** engage in economic espionage in any domain, including 'cyber' " [emphatic asterisks in the original]. That the NSA spies for precisely the economic motive it has denied is proven by its own documents. The agency acts for the benefit of what it calls its "customers," a list that includes not only the White House, the State Department, and the CIA, but also primarily economic agencies, such as the US Trade Representative and the Departments of Agriculture, Treasury, and Commerce: — Glenn Greenwald

spring. The enormous economic impact of the mule trade and how Oregon Trail traffic stimulated the American economy have been frequently ignored by historians, mostly because it is a lot more prestigious for professional academics to sound learned about Senator Thomas Hart Benton or the Missouri Compromise than to actually know something about America's basic means of transportation for a century - wagons and mules. Yes, — Rinker Buck

Free trade has been proven, time and again, as a reliable path to economic development. It pushes the public and private sectors alike toward greater accountability and transparency. It lifts people out of poverty, and while it can force unsettling changes on a society, those changes prove to be worthwhile in a very short time. — Jonah Goldberg

The antiquated rhetoric of 'having it all' disregards the basis of every economic relationship: the idea of trade-offs. All of us are dealing with the constrained optimization that is life, attempting to maximize our utility based on parameters like career, kids, relationships, etc., doing our best to allocate the resource of time. Due to the scarcity of this resource, therefore, none of us can 'have it all,' and those who claim to are most likely lying."1 — Sheryl Sandberg

"Cap and trade" is just about the most effective tool for controlling most economic activity short of openly declaring ourselves a communist nation and it's a radical environmentalist's dream come true. — Walter E. Williams

Americans could achieve Jefferson's democratic freedoms through Hamilton's economic development strategies and trade policies. — Patrick Mendis