Economy 2009 Quotes & Sayings

O yes! a machine for saving work, is it? He'd invent that, I'll be bound; let a nigger alone for that, any time. They are all labor-saving machines themselves, every one of 'em. No, he shall tramp! — Harriet Beecher Stowe

Barack Obama's life was so much simpler in 2009. Back then, he had refined the cold act of blaming others for the bad economy into an art form. Deficits? Blame Bush's tax cuts. Spending? Blame the wars in Iraq and Afghanistan. No business investment? Blame Wall Street. — John Sununu

People aren't static; they're dynamic - endlessly complex and capable of tremendous surprise and change. — Rob Bell

If you look at 2009, why did the recovery happen? Recovery happened because somebody in the world's largest economy opened the tap: the U.S., followed by Europe and now Japan. — Uday Kotak

If you're watching, Eo, it's time to close your eyes. — Pierce Brown

What should have died along with communism is the belief that modern societies can be run on a single principle, whether that of planning under the general will or that of free-market allocations. — Charles Taylor

They argue that, if the governments of developed countries want a fifty-fifty chance of hitting the agreed-upon international target of keeping warming below 2 degrees Celsius, and if reductions are to respect any kind of equity principle between rich and poor nations, then wealthy countries need to start cutting their greenhouse gas emissions by something like 8 to 10 percent a year - and they need to start right now. The idea that such deep cuts are required used to be controversial in the mainstream climate community, where the deadlines for steep reductions always seemed to be far off in the future (an 80 percent cut by 2050, for instance). But as emissions have soared and as tipping points loom, that is changing rapidly. Even Yvo de Boer, who held the U.N.'s top climate position until 2009, remarked recently that "the only way" negotiators "can achieve a 2-degree goal is to shut down the whole global economy."48 — Naomi Klein

Anyone who has followed the U.S. economy in recent years can tell you while corporate America and their wealthy executives have recovered from the last recession, middle-class families have not. About 95 percent of income gains between 2009 and 2012 went to the top one percent. — James P. Hoffa

Your mind is your prison when you focus on your fear. — Tim Fargo

The man who raises new issues has always been distasteful to politicians. He musses up what had been so tidily arranged. — Walter Lippmann

From this failure to expunge the microeconomic foundations of neoclassical economics from post-Great Depression theory arose the "microfoundations of macroeconomics" debate, which ultimately led to a model in which the economy is viewed as a single utility-maximizing individual blessed with perfect knowledge of the future.
Fortunately, behavioral economics provides the beginnings of an alternative vision of how individuals operate in a market environment, while multi-agent modelling and network theory give us foundations for understanding group dynamics in a complex society. These approaches explicitly emphasize what neoclassical economics has evaded: that aggregation of heterogeneous individuals results in emergent properties of the group, which cannot be reduced to the behavior of any "representative individual." These approaches should replace neoclassical microeconomics completely. — Steve Keen

Associated with this weight gain are increased risks
in adulthood for joint problems, angina, high blood pressure, heart
attacks, strokes, type 2 diabetes and, ultimately, premature death.
Outside of the human costs, health experts estimate that treating
adult obesity-related ailments will cost the American economy
nearly $150 billion in 2009. — Jeff Schweitzer

God's great love is the divinity of birth. — Lailah Gifty Akita

I have a very musical family from my Scottish roots. — Carice Van Houten

An essential pedagogic step here is to relegate the teaching of mathematical methods in economics to mathematics departments. Any mathematical training in economics, if it occurs at all, should come after students have at the very least completed course work in basic calculus, algebra and differential equations (the last being one about which most economists are woefully ignorant). This simultaneously explains why neoclassical economists obsess too much about proofs and why non-neoclassical economists, like those in the Circuit School, experience such difficulties in translating excellent verbal ideas about credit creation into coherent dynamic models of a monetary production economy. — Steve Keen

I've illustrated many children's books and I feel awfully lucky to be able to do something I love so much, and yes, to be able to pay the rent, but there was a yearning to do something more grown up, and something where I didn't have to cater to anyone; I was just waiting for the material. — Sophie Blackall

Search for role models you can look up to and people who take an interest in your career. But here's an important warning: you don't have to have mentors who look like you. Had I been waiting for a black, female Soviet specialist mentor, I would still be waiting. Most of my mentors have been old white men, because they were the ones who dominated my field. — Condoleezza Rice

As Thorstein Veblen correctly surmised over a century ago, the failure of economics to become an evolutionary science is the product of the optimizing framework of the underlying paradigm, which is inherently antithetical to the process of evolutionary change. This is the primary reason why the neoclassical mantra that the economy must be perceived as the outcome of the decisions of utility-maximizing individuals must be squarely rejected. — Steve Keen

After all these years, it's still amazing what Obama is allowed to get away with. He says low gas prices in 2009 were caused by a terrible economy, but then claims that the lower number of illegal aliens crossing the border is because of his border policies, not the same lousy economy. — Howie Carr

(Al to Pierce) "You will make sure that nasty demon Ku'Sox doesn't kill her," Al said conversational y. "Understand? You're angry, but you still like her, yes? Want to have wild demon sex with her even if she ruined your attempt to kill me? Keep her alive, and you might get some. Eh? Eh? You'd like that, mmmm? — Kim Harrison

I graduated in 2009, which - if you think back to where the economy was at that time - was an interesting time to graduate. — Ryan Lewis

The fallacy that dynamic processes must be modeled as if the system is in continuous equilibrium is probably the most important reason for the intellectual failure of neoclassical economics. Mathematics, science and engineering developed tools long ago to model outside of equilibrium processes. This dynamic approach to thinking about the economy should become second nature to economists. — Steve Keen