Quotes & Sayings About Economies

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

the next wave will challenge middle classes across the globe, threatening to return many to poverty. The previous wave saw entire countries and societies lifted up economically. The next wave will take frontier economies and bring them into the economic mainstream while challenging the middle classes in the most developed economies. — Alec J. Ross

The capitalist system is not delivering those decade-after-decade increases it promised. We're not where we should be in terms of our national economies. We don't know how to get out of this malaise and I think we now have to consider more radical policies. — Adair Turner

There are strategic imperatives at work as well. Both leaders need to expand their economies, and both see the other as a crucial partner in offsetting China's increasingly assertive — Anonymous

There is one rule for the G-7 (richest countries) and another for the South. The G-7 now preaches open economies and liberalization, as well as 'good governance' and 'transparency'. Yet none of these things was conspicuous when the West grew rich. — Jeremy Seabrook

In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better. — Jeffrey Sachs

PROGRESSIVISM = EUGENICS: Centrally Planned economies tempt population control. — A.E. Samaan

If we didn't have greed, market economies wouldn't be as innovative as they are. But in my view, greed has to be contained by the fear of losses, so there has to be a system where, if you take too much risk, you go into bankruptcy. You don't systematically bail out people who take excessive risks. — Nouriel Roubini

Business cycles lengthened greatly during the 20th century, as central banks learned to manage national economies by raising and lowering interest rates. — Alex Berenson

While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity. — Alan Greenspan

The economy of early hominids and that of twenty-first century society have enormous differences, but they do share one important feature: in both of these economies, humans accumulate information in objects. Our world is different from that of early hominids only in the way in which atoms are arranged. — Cesar Hidalgo

The de industrialization of the US. economy based on the migration of corporations into third world areas where labor is very cheap and thus more profitable for these companies creates on the one hand conditions in those countries that encourage people to emigrate to the US. in search of a better life. On the other hand, it creates conditions here that send more black people into the alternative economies, the drug economies, women into economies in sexual services, and sends them into the prison industrial complex. — Angela Davis

When we lift our forks, we hang our hats somewhere. We set ourselves in one relationship or another to farmed animals, farm-workers, national economies, and global markets. Not making a decision
eating 'like everyone else'
is to make the easiest decision, a decision that is increasingly problematic. — Jonathan Safran Foer

A check on itself, evil subserves the economies of good, as it were a condiment to give relish to good. — Amos Bronson Alcott

At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn't. Instead, northern Europe fell into subsidizing southern Europe's excess consumption, that is, its current account deficits. — Alan Greenspan

One of the greatest concerns that I had when I became President was the vast array of nuclear weapons in the arsenals of the United States and the Soviet Union and a few other countries, and also the great proliferation of conventional weapons, non-nuclear weapons, particularly as a tremendous burden on the economies of developing or very poor countries. — Jimmy Carter

The ones with the most generous social provisions are the northern European countries: Germany, Netherlands, Denmark, Sweden, Finland, and Norway. These are export-oriented, surplus economies with sound fiscal balances and strong social safety nets. The claim that Europe's fiscal mess is the result of overly generous social welfare systems simply cannot be substantiated. — Sudhir Thomas Vadaketh

Think about it. Women control 70 percent of global consumer spending ... when women do better, economies do better. — Christine Lagarde

In the major state capitalists economies, Europe and the US, it's low growth and stagnation and a very sharp income differentiation a shift - a striking shift - from production to financialization. — Noam Chomsky

The spy boom has been a beautiful windfall for architects, construction companies, IT specialists, and above all defense contractors, enriching thousands of private companies and dozens of local economies hugging the Capital Beltway. — Rachel Maddow

Might it be that the Transition approach, of creating vibrant local economies with increased community ownership, meeting practical needs from as nearby as possible, and living well while consuming far less energy than we do today, could actually better meet our needs? — Rob Hopkins

The invention of the micro-loan was a big surprise to me. Who would have guessed loans of less than $20 made to poor people in undeveloped countries could create thriving local economies? And, even more surprisingly, that they more reliably pay off their debts than the wealthy of the world. — Joel A. Barker

In the Gulf region and nationwide, small businesses are an integral and crucial part of local economies and communities. They should not be overlooked. — Dan Lipinski

In my opinion and to the best of my understanding, free-will and pre-determination are two distinctly different economies that are 'operationally co-existent'. — R. Alan Woods

Development is about transforming the lives of people, not just transforming economies. — Joseph E. Stiglitz

From this vantage point, Christianity has nothing - absolutely nothing - to teach Indigenous people about how to live in a good way on this land. In fact, Christians have only demonstrated that there is something profoundly wrong with the cosmology and worldview behind more than five centuries of carnage - carnage that has yet to even slow down. Christians have so much negative history and dogma to overcome within their own tradition, I do not believe the religion is even salvageable. The world is deep in the throes of an ecological crisis based in Western economies of hyper-exploitation. The planet will not survive another 500 years of Christian domination. — Brian McLaren

Men who cannot exploit the co-operative benefits derived from institutions in modern knowledge economies are discriminated against by girls and so have fewer children — Christopher Wills

Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff. — Alan Greenspan

there existed a widespread, if naive, belief that war of the kind that had convulsed Europe in past centuries had become obsolete - that the economies of nations were so closely connected with one another that even if a war were to begin, it would end quickly. Capital — Erik Larson

The crisis that the world finds itself in as it swings on the hinge of a new millennium is located in something deeper than particular ways of organizing political systems and economies. — Huston Smith

More than half the world's largest 100 economies are corporations. They have no loyalties to place or citizens. — Zac Goldsmith

Reliable numbers about the amount of dirty money around the world are difficult to come by. But according to an estimate by the nonprofit Global Financial Integrity group, $1 trillion vanishes from the developing world's economies every year. — Sri Mulyani Indrawati

The economies in Europe that will prosper, are those that are the greenest and the most energy efficient — David Cameron

So often we rob tomorrow's memories by today's economies. — John Mason Brown

I believe in market economics. But to paraphrase Churchill - who said this about democracy and political regimes - a market economy might be the worst economic regime available, apart from the alternatives. I believe that people react to incentives, that incentives matter, and that prices reflect the way things should be allocated. But I also believe that market economies sometimes have market failures, and when these occur, there's a role for prudential - not excessive - regulation of the financial system. — Nouriel Roubini

It's no accident that the fastest growing states with the best economies are all led by Republican governors. — Brian Sandoval

As African economies boom and businesses are created, one of the big questions this growth raises is that of third-level education: how can Africa develop a knowledge infrastructure to rival that of the west, a sort of Harvard University in Africa? — Richard Attias

It is the fight for a new economy, a new energy system, a new democracy, a new relationship to the planet and to each other, for land, water, and food sovereignty, for Indigenous rights, for human rights and dignity for all people. When climate justice wins we win the world that we want. We can't sit this one out, not because we have too much to lose but because we have too much to gain. . . . We are bound together in this battle, not just for a reduction in the parts per million of CO2, but to transform our economies and rebuild a world that we want today. — Naomi Klein

In government-directed economies, the collective takes priority over the individual. The moral ideal is equal results. That approach could not be further removed from the real world. — Paul Ryan

Beyond streamlining operations and introducing cost innovations, a second lever companies can pull to meet their target cost is partnering. In bringing a new product or service to market, many companies mistakenly try to carry out all the production and distribution activities themselves. Sometimes that's because they see the product or service as a platform for developing new capabilities. Other times it is simply a matter of not considering other outside options. Partnering, however, provides a way for companies to secure needed capabilities fast and effectively while dropping their cost structure. It allows a company to leverage other companies' expertise and economies of scale. Partnering includes closing gaps in capabilities through making small acquisitions when doing so is faster and cheaper, providing access to needed expertise that has already been mastered. A — W.Chan Kim

Imposing excessive new regulations, or closing coal-fired power plants, would produce few health or environmental benefits. But it would exact huge costs on society - and bring factories, offices and economies to a screeching halt in states that are 80-98% dependent on coal: Indiana, Kentucky, Missouri, North Dakota, Ohio, Utah, West Virginia and Wyoming. — Paul Driessen

There is a central difference between the old and new economies: the old industrial economy was driven by economies of scale; the new information economy is driven by the economics of networks ... — Carl Shapiro

Long commutes and traffic jams once associated with older, established cities such as London, New York or Tokyo are spreading throughout the world's emerging economies. — William Clay Ford Jr.

The setting, concerns, and mood of The Woodlanders are consonant with the Wessex of the earlier novels. There is an element of nostalgia in Hardy's treatment of the woodlands of Little Hintock. Although such rural economies were very much alive in Hardy's day, he strikes an elegiac note in his evocation of a world that will inevitably pass away. However, the woodlands do not form the backdrop to an idyllic pastoral of humanity living in tranquil harmony with nature. The trees, which are such a dominant presence in the novel, compete with each other for nourishment and light, are vulnerable to disease and damage, and are frightening in their moaning under the lash of the storm. The woodlands represent the Darwinian struggle for existence that Hardy sees as extending not only to the inhabitants of this little world but also beyond ... — Geoffrey Harvey

The Black Book of Economic Development - The Clandestine Art and Practical Science of Building Local Economies" is a must-read for everyone in the industry who is seeking to make a positive impact on both his or her communities and the profession. — Don A. Holbrook

Impotence therefore faces both those who believe in what amounts to a pure, stateless, market capitalism, a sort of international bourgeois anarchism, and those who believe in a planned socialism uncontaminated by private profit-seeking. Both are bankrupt. The future, like the present and the past, belongs to mixed economies in which public and private are braided together in one way or another. But how? That is the problem for everybody today, but especially for people on the left. — Eric Hobsbawm

Goldman Sachs believes that economically empowering women globally is one of the best investments to grow economies, create jobs, and build more prosperous societies. — Dina Powell

Most people find the word Apocalypse, to be a terrifying concept. Checked in the dictionary, it means only revelation, although it obviously has also come to mean end of the world. As to what the end of the world means, I would say that probably depends on what we mean by world. I don't think this means the planet, or even the life forms upon the planet. I think the world is purely a construction of ideas, and not just the physical structures, but the mental structures, the ideologies that we've erected, that is what I would call the world. Our political structures, philosophical structures, ideological frameworks, economies. These are actually imaginary things, and yet that is the framework that we have built our entire world upon. It strikes me that a strong enough wave of information could completely overturn and destroy all of that. A sudden realization that would change our entire perspective upon who we are and how we exist. — Alan Moore

Civilization is in fact the longest story of all. Civilization can persist through a series of economies. — Fernand Braudel

In the event of total freedom, the desire to dominate rules just as tyrannically as it does with centrally-planned economies. Freedom gave us capitalism, which has come to mean bosses ordering workers about. Workers aren't free; they are chained by their biological needs. Where is their freedom? Oh, the freedom of mobility? They can quit their jobs and work elsewhere? They can switch from one slave-owner to another? The capitalist vision ignores the capitalist reality, which is that bosses tells workers what to do under pain of death by starvation. Tell me that is freedom some more. Tell me another good one. — Robert Peate

By serving as the dominant power in the Gulf, WE maintain a 'stranglehold' over the economies of other nations. This gives us extraordinary leverage in world affairs, and explains to some degree why states like Japan, Britain, France, and Germany - states that are even more dependent on Persian Gulf oil than we are - defer to Washington on major international issues (like Iraq) even when they disagree with us. — Michael Klare

Samasource creates jobs in regions where more traditional forms of employment in low-income economies, such as manufacturing, are difficult to scale because of poor infrastructure. In a village in Rukka, India, for example, our small data entry partner employs over 60 people doing various types of Internet research for Samasource. — Leila Janah

The 200 years when Britain and the US were the top two economies were an aberration and that will change. The decline of empires has happened much faster than folks think. I believe that gold will be a far better bet in 20 years than the dollar. — Tom Winnifrith

People, governments and economies of all nations must serve the needs of multinational banks and corporations. — Zbigniew Brzezinski

Medicines are unusual commodities. Important drugs can save the lives and protect the health of millions. Their consumption can bring huge benefits, by helping patients to avoid infection and preventing serious damage to the economies of families, nations and even humanity at large. — Thomas Pogge

In this context, the current recovery in the Japanese economy is taking place in tandem with the growing interdependence with the rest of the world, particularly with the other East Asian economies. — Toshihiko Fukui

Our actions, particularly interventions, can upset regions, nations, cultures, economies, and peoples, however virtuous our purpose. We must ensure that the cure we offer through intervention is not worse than the disease. — Stanley McChrystal

If God is not sending earthquakes, destroying economies and inflicting pain upon human beings, what is God doing? God works through people, calling them to help their neighbors in need. God comforts His people, walking with them even 'through the valley of the shadow of death.' — Adam Hamilton

Another argument I wanted to rebut was that democracy is a privilege belonging to wealthy countries and that developing economies need to put growth first and worry about democracy later. — Hillary Rodham Clinton

Man was not made for the service of economies; economies were made to serve mankind; and men and women were made - so we believe - to serve one another, not just ourselves. — Jonathan Sacks

Centrally planned economies are upended by out of control population. Their escape valve is eugenics. — A.E. Samaan

We can achieve the utmost in economies by engineering knowledge; we can conquer new fields by research; we can build plants and machines that shall stand among the wonders of the world; but unless we put the right man in the right place-unless we make it possible for our workers and executives alike to enjoy a sense of satisfaction in their jobs, our efforts will have been in vain. — Edward Stettinius Jr.

Radical change is scary. It's terrifying, actually. And the feminism I support is a full-on revolution. Where women are not simply
allowed
to participate in the world as it already exists - an inherently corrupt world, designed by a patriarchy to subjugate and control and destroy all challengers - but are actively able to re-shapeit. Where women do not simply knock on the doors of churches, of governments, of capitalist marketplaces and politely ask for admittance, but create their own religious systems, governments, and economies. My feminism is not one of incremental change, revealed in the end to be The Same As Ever, But More So. It is a cleansing fire. — Jessa Crispin

The agrarian crisis [in India] is an unnecessary tragedy, resulting directly from an economics of greed and a politics driven by the economies of greed. — Vandana Shiva

capitalism itself is a system and that as the environment that hosts capitalism changes - in particular, as the better part of global economic growth begins to occur outside the mature economies of the West - the capitalist system will evolve. — Christopher Meyer

Free nations with different histories, economies and a vast amount of stubborn pride will never achieve complete agreement, even when they desire the same objectives. — Arthur Hays Sulzberger

It's not a matter of if economies around the world becoming low-carbon, but when and how: through struggle and strife or through advancement and progressive leadership. Larry Elliot described it today as the 'Green New Deal.' It's a leadership we in Britain can provide, and from which our economy can benefit. — Lucy Powell

One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them. — Jim Stanford

The Caribbean is the region in the Americas worst affected by the epidemic of NCDs. These diseases are responsible for over two- thirds of deaths, much sickness and ill health, resulting in an unsustainable burden on our fragile economies. — Freundel Stuart

Seychelles said at U.N. climate talks. The report was bound to sharpen disputes in Lima over who pays the bills for the impacts of global warming, whose primary cause is the burning of coal, oil and gas but which also includes deforestation. It has long been the thorniest issue at the U.N. negotiations, now in their 20th round. Rich countries have pledged to help the developing world convert to clean energy and adapt to shifts in global weather that are already adversely affecting crops, human health and economies. But poor countries say they're not seeing enough cash. Projecting the annual costs that poor countries will face by 2050 just to adapt, the United Nations Environment Program report deemed the previous estimate of $70 billion to $100 billion "a significant underestimate." It had been based on 2010 World Bank numbers. — Anonymous

We can choose food that doesn't lead to illnesses like diabetes and cancer. We can choose food that doesn't contribute to water pollution and climate change. And we can choose food that keeps local economies vibrant and farmers on their land. — Frances Beinecke

When you look at the state of the economy right now, you have to set a priority. And my top priority is the deficit of jobs and economic growth, and especially this perception that the United States could be falling behind especially Asian economies. — Mark Kirk

Without deposit banking modern economies would be impossible. Banks are not only a means of safeguarding money, but also a method of maintaining a constant and energetic flow of capital within a complex economy. Without deposit banking money that is saved is hidden away and removed from the economy - it does nothing except preserve its original worth. Deposit banking, however, allows saved money to be loaned and invested, thereby producing more wealth. — Thomas F. Madden

Inappropriate macro economic policies in some economies, characterised by [a] low savings rate and high consumption [and] failure of financial supervision and regulation to keep up with innovation which allowed financial derivatives to spread. — Wen Jiabao

In fact, without any exaggeration, the current mechanism of money creation through credit is certainly the "cancer" that's irretrievably eroding market economies of private property. — Maurice Allais

We've taken the view that if the rest of the world would democratize and create market economies, that would spread the benefits of prosperity around the world, and that it would enhance our own prosperity, and our own stability and security, as well. — Jeffrey Sachs

In the absence of a widely practiced and capable attention to our use of the land, to the land-use economies, and to the natural sources of our life, we have a national, or global, economy consisting entirely of capital (rated at monetary value), minimal labor ("jobs," merely numbered, and the numbers always liable to reduction by technology), information (infinite perhaps, but never sufficient), marketing (seduction of the gullible), and consumption (conversion of goods into waste or poison). And so we have lost patriotism in the old sense of love for one's country, and have replaced it with an ignorant, hard-hearted military-industrial nationalism that devours the country. Under — Wendell Berry

Whether or not people go into space or serve the space industry, they will have the sensitivity to those fields necessary to stimulate unending innovation in the technological fields, and it's that innovation in the 21st century that will drive tomorrow's economies. — Neil DeGrasse Tyson

States have the responsibility to create rules and conditions for growth and development, and to channel the benefits to all citizens by providing education and making people able to participate in the economies, and in decision-making. — Anna Lindh

Evolutionary dynamics has no need of vast abstract spaces, like all the possible viable animals, DNA sequences, sets of proteins, or biological laws. Better, as the theoretical biologist Stuart A. Kauffman proposes, to think of evolutionary dynamics as the exploration in time by the biosphere of what can happen next: the "adjacent possible." The same goes for the evolution of technologies, economies, and societies. — Anonymous

Indeed, as we begin the twenty-first century, the money and traditional economies are slowly destroying their own support system. Increasing demands of the two economies are surpassing the sustainable yields of the ecosystems that underpin them. For example, one-third of the world's cropland is losing topsoil at a rate that is undermining its long-term productivity, fully half of the world's rangeland is overgrazed and deteriorating into desert, and the world's forests have shrunk by about half since the dawn of agriculture and are continuing to shrink. — Stuart L. Hart

Or how does it happen that trade, which after all is nothing more than the exchange of products of various individuals and countries, rules the whole world through the relation of supply and demand - a relation which, as an English economist says, hovers over the earth like the fate of the ancients, and with invisible hand allots fortune and misfortune to men, sets up empires and overthrows empires, causes nations to rise and to disappear - while with the abolition of the basis of private property, with the communistic regulation of production (and implicit in this, the destruction of the alien relation between men and what they themselves produce), the power of the relation of supply and demand is dissolved into nothing, and men get exchange, production, the mode of their mutual relation, under their own control again? — Karl Marx

I think the American people should see that the corporations abandoned them long ago. That people will have to build their own economies and rebuild democracy as a living democracy. The corporations belong to no land, no country, no people. They have no loyalty to anything apart from their profits. And the profits today are on an unimaginable scale; it has become illegitimate, criminal profit - profits extracted at the cost of life. — Vandana Shiva

With their endless vacations and pint-sized workweeks, Europe can't produce enough of anything - including more Europeans - to save themselves from doom. So the French and Germans have only one realistic strategy when it comes to revitalizing their comatose economies: Wait for the U.S. economy to rise high enough to float their petits bateaux. — Denis Boyles

The poor don't live in functional market economies as the rest of us do, but in political economies where corruption and broken systems extend from local government to moneylenders. — Jacqueline Novogratz

College today is an expensive option without a lot of economies of scale, right, when you go and live at a college. So you have a system that's increasing its cost base by probably five percent a year. — Gerald Chertavian

There is much in American society which I admire, but I have long held the view that the absence of an effective safety net in that country means that too many needy citizens fall by the wayside. That is not the path that Australia will tread. Nor do we want the burdens of nanny state paternalism that now weigh down many economies in Europe. — John Howard

Thomas Friedman, in his best-selling book The Lexus and the Olive Tree, declared that what happened in Asia wasn't a crisis at all. "I believe globalization did us all a favor by melting down the economies of Thailand, Korea, Malaysia, Indonesia, Mexico, Russia, and Brazil in the 1990s, because it laid bare a lot of rotten practices and institutions, — Naomi Klein

I do not mean to say that we should, or could, return to traditional nomadic economies. I do mean to say that there are systems of knowledge and grand poetical schemata derived from the mobile life that it would be foolish to disregard or underrate. And mad to destroy. — Robyn Davidson

We have to remember we're in a global economy. The purpose of fiscal stimulus is not simply to sustain activity in our national economies, but to help the global economy as well, and that's why it's so critical that measures in those packages avoid anything that smacks of protectionism. — Stephen Harper

Synthetic Worlds is a surprisingly profound book about the social, political, and economic issues arising from the emergence of vast multiplayer games on the Internet. What Castronova has realized is that these games, where players contribute considerable labor in exchange for things they value, are not merely like real economies, they are real economies, displaying inflation, fraud, Chinese sweatshops, and some surprising in-game innovations. — Tim Harford

As a graduate student Nathan Nunn, now a Harvard economist, began to compare different economies in modern Africa, and he found that the countries that lost more people to the slave trade were also the poorest countries today. How — Christine Kenneally

Children who have an education grow up to lead healthier lives - earn higher income, take better care of their families, contribute to their economies. — Queen Rania Of Jordan

In a small Swiss city sits an international organization so obscure and secretive ... Control of the institution, the Bank for International Settlements, lies with some of the world's most powerful and least visible men: the heads of 32 central banks, officials able to shift billions of dollars and alter the course of economies at the stroke of a pen. — Keith Bradsher

It was not always the case, of course, that navies paid for themselves. In wartime, costs often exceeded revenues, and those deficits grew over time as fleets and armies got bigger. But this was hardly an insurmountable obstacle for the most dynamic economies in the world. The United Provinces and England were able to borrow all they needed to underwrite their defense budgets. The pressures of war gave a powerful impetus to the growth of stocks, bonds, loans, and paper currencies during the late seventeenth and early eighteenth centuries and helped to turn Amsterdam and then London into international financial centers. To take one example, the Bank of England was established in 1694 to raise funds to allow England to wage war against France. — Max Boot

My stories usually begin with the characters and some elements of how power (personal, political, magical) functions in the world. The rest develops as I write, and research helps a great deal with that. If you're going to write about an agrarian economy, research agrarian economies. If your main character is starving, then you should know what it means for a malnourished body to break down. — Leigh Bardugo

When women thrive, economies thrive. — Hillary Clinton

States is seeking ways to sustain its innovative edge, and when societies around the world are trying to build creative digital-age economies, Jobs — Walter Isaacson

3.6.40: From a letter from Lady Oxford15 to the Daily Telegraph, on the subject of war economies: "Since most London houses are deserted there is little entertaining ... in any case, most people have to part with their cooks and live in hotels." Apparently nothing will ever teach these people that the other 99% of the population exist. — George Orwell

Our nation declared a war on people trapped in racially segregated ghettos - just at the moment their economies had collapsed - rather than providing community investment, quality education, and job training when work disappeared. Of course those communities are suffering from serious crime and dysfunction today. Did we expect otherwise? Did we think that, miraculously, they would thrive? — Michelle Alexander