Economic Quotations..

• Now that economic realism has finally arrived in India, the future lies in becoming a strong economic power. Dominance in the world will come only from how well a nation can cope with economic realism and towards that India must work, must find its own place under the sun.
  Mukesh Ambani # Economic, Future, Strong, Commitment, Ambition, World Quotes
• For families living in extreme poverty, who struggle each day and whose children are placed in care for economic and social reasons, this could be considered a joke. We could certainly have a better quality of life by, for example, spending a night at the opera.
  Jose Manuel Barroso # Family, Poverty, Challenging, Economic, Quality, Life Quotes
• Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow. Flexible and efficient markets for labor and capital, an entrepreneurial tradition, and a general willingness to tolerate and even embrace technological and economic change all contribute to this resiliency.
  Ben Bernanke # America, Economic, Changes, Technology, Entrepreneur Quotes
• A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily.
  Ben Bernanke # Stocks, America, Economic, Wall Street Quotes
• Economics has many substantive areas of knowledge where there is agreement but also contains areas of controversy. That's inescapable.
  Ben Bernanke # Economic, Knowledge, Conflict, Challenging Quotes
• I think that having good data, good statistics—and the United States generally has better macroeconomic statistics than most countries—and having good economists to interpret those data and present the policy alternatives, has a substantially beneficial effect on policymaking in the United States.
  Ben Bernanke # Good, Information, Research, America, Economic, Politics Quotes
• The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.
  Ben Bernanke # Finance, Economic Quotes
• The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.
  Ben Bernanke # Economic, Stock Market, Politics Quotes
• Nobody knows what any building would look like ... You have to see who wants to rent or buy and when the economy really needs them. I think you're seeing the democratic process working exactly the way it should.
  Michael Bloomberg # Economic, Work, Buying Quotes
• Everybody today has an interest in an institutionalized money pool.
  Michael Bloomberg # Economic, Money Quotes
• The Greens will continue to champion a fairer society rather than simply the economy and to champion the parliament rather than simply the stock exchange.
  Bob Brown # Politics, Competition, Society, Improvement, Economic, Goal Quotes
• Europe should now respond positively and enthusiastic to the American offer ... about the elimination of export subsidies and the reduction of tariffs.
  Gordon Brown # America, Economic, Politics, Financial Quotes
• My first rule – the golden rule – ensures that over the economic cycle the Government will borrow only to invest, and that current spending will be met from taxation.
  Gordon Brown # Taxes, Economic, Government, Investing, Politics Quotes
• Our new economic approach is rooted in ideas which stress the importance of macro-economics, post neo-classical endogenous growth theory and the symbiotic relationships between growth and investment, and people and infrastructure.
  Gordon Brown # Economic, Ideas, Important, Growth, Investing Quotes
• There are as many Scottish roads to Socialism as there are predictions of Britain's economic doom - but most of them demand three things: a coherant plan for an extension of democracy and control in society and industry which sees every reform as a means to creating a socialist society; a harnessing of the forces for industrial and community self-management within a political movement; and a massive programme of education by the Labour Movement as a whole.
  Gordon Brown # Economic, Planning, Democracy, Control, Society, Management, Politics, Education Quotes
• Russia today is, in essence, on the verge of economic and political breakdown. We can end the crisis in Russia only by concerted action. You know that I have always been open to constructive dialogue.
  Viktor Chernomyrdin # Economic, Crisis, Action, Talks, Political Quotes
• In today's knowledge-based economy, what you earn depends on what you learn. Jobs in the information technology sector, for example, pay 85 percent more than the private sector average.
  Bill Clinton # Economic, Smart, Learning, Job, Technology, Salary Quotes
• Experts can prattle on about money and economic theory all they want, but let's face it, we are the economy.
  Paul Clitheroe # Money, Economic Quotes
• We have to shift our emphasis from economic efficiency and materialism towards a sustainable quality of life and to healing of our society, of our people and our ecological systems.
  Janet Holmes a Court # Economic, Quality, Life, Changes, Improvement, Environment, Society Quotes
• All economic activity is by definition "high risk". And defending yesterday--that is, not innovating-- is far more risky than making tomorrow.
  Peter Drucker # Risk, Economic, Innovative Quotes
• We are constantly being told that we've never been wealthier. And many of us are. On average we all are. But that's just the problem.. no one is average.
  Julia Gillard # Wealth, Problems, Politics, Rich, Nation, Economic Quotes
• Labor has failed to do enough to present a courageous and coherent set of policies. We've got to outline our own vision for Australia, which I believe should include an independent foreign policy, bold social policy and economic policy that delivers prosperity for all.
  Julia Gillard # Party, Australia, International Relations, Politicians, Economic, Wealth, Development, Politics Quotes
• We see community organizations as major service providers and economic drivers rather than as recipients or distributors of charity, and coordinators of volunteers. Today they constitute what's referred to as 'the social economy'.
  Julia Gillard # Social, Philanthropy, Volunteer, Action, Improvement, Economy Quotes
• Including everyone in the economic, wealth-creating life of the nation is today the best way for Labor (Australian Labor Party) to meet its twin goals of raising national prosperity and creating a fair and decent society.
  Julia Gillard # Economy, Nation, Party, Politics, Australia, Wealth, Goals, Improvement Quotes
• As our economy faces up to potential labour shortages due to our ageing population and as it moves to a new level of sophistication to compete with the rest of the world, we're going to need every Australian on board pulling their weight, rejoining the workforce, gaining new skills.
  Julia Gillard # Politics, Labour, Employment, Nation, Australia, Skill, Job, Competition, Economy, Government Quotes
• The message from Wal-Mart today to the rest of the business community is there need not be any conflict between the environment and the economy. We will find the way not only to reconcile (those), but to find new profits and new opportunities as we do the right thing.
  Al Gore # Business, Economic, Environment, Profit, Success, Opportunity, Smart Quotes
• Global warming pollution, indeed all pollution, is now described by economists as an “externality.” This absurd label means, in essence: we don’t to keep track of this stuff so let’s pretend it doesn’t exist.
  Al Gore # World, Environment, Economic, Thinking Quotes
• I think it is just stupid economics for a government to approach economic management from a strand of thinking regarding unions as enemies.
  Bob Hawke # Stupid, Economic, Government, Plan, Thinking, Risk, Bad Quotes
• There's a general consensus from this conference that China and its growth is not a threat but a tremendous opportunity.
  Bob Hawke # Economic, Opportunity, Partnership Quotes
• When everybody else is better off, they can buy more, they strengthen demand, strengthen the market, strengthen the country.
  Carlos Slim Helu # Economic, Buying, Improvement, Growth, Stock Market Quotes
• I’ve never believed in lower wages. Never. Never believed in lower wages, I’ve never believed in lower wages as an economic instrument.
  John Howard # Belief, Incomes, Economic Quotes
• People want economy and they will pay any price to get it.
  Lee Iacocca # Economic Quotes
• We intend to bring our GDP up to around 4 trillion US dollars and per capita GDP to around 3,000 US dollars within the next 15 years, so that we will be able to further develop the economy, improve democracy, advance science and education, enrich culture, foster greater social harmony and upgrade the texture of life for the people.
  Hu Jintao # GDP, Dollar, Development, Improvement, Economy, Education, Life Quotes
• 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 # Government, Plan, Economic, Strategy, Problems, Job, Wages Quotes
• We have been on this road for 21 years together and we have been right ... We have been moving toward democracy and navigating our way in a free economy.
  Bronislaw Komorowski # Solidarity, Democracy, Teamwork, Identity, Economic, Freedom Quotes
• I have faith in the market when we get the rules right.
  Kenneth Lay # Faith, Law, Economic Quotes
• I'm talking about economics as forecasting the future. If you own auto stocks you ought to be very interested in used car prices.
  Peter Lynch # Economic, Stocks, Interesting Quotes
• Employees want to progress. Businesses need to provide a growth path, which becomes increasingly difficult in a shrinking economy.
  Chuck Martin # Employee, Progress, Business, Difficult, Economic, Growth Quotes
• Take housing. We don't have efficient mortgage markets around the world, but we've had a $20 trillion increase in housing assets from 1997 to 2004. If developing countries can fully borrow, what are they going to buy? Where are the assets for them to buy?
  Michael Milken # Market, Finance, Economic, Politics Quotes
• The industrialized countries need the economic recovery of the Third World, need these billions of human beings, potential buyers of our products. This is not only a generous attitude, it is a self-serving one.
  Francois Mitterrand # Economic, Products, Buying, Attitude Quotes
• My attitude is that if the economy's good for folks from the bottom up, it's gonna be good for everybody ... I think when you spread the wealth around, it's good for everybody.
  Barack Obama # Attitude, Economic, Society, Contribution Quotes
• The whole world has recognised India's future in knowledge-based industries. It is the new economy and India has a big role in the new global economy.
  Kerry Packer # World, Future, Knowledge, Economic, Globalization Quotes
• I am a conservative Republican, a firm believer in free market capitalism. A free market system allows all parties to compete, which ensures the best and most competitive project emerges, and ensures a fair, democratic process.
  Sarah Palin # Politicians, Capitalist, Economic, Competition, Democracy Quotes
• The President seems to think the best way to revive the economy is to give more tax breaks to those who don’t need them and dole out lucrative incentives that do not stimulate economic growth.
  Nancy Pelosi # Economic, President, Taxes, Growth, Improvement Quotes
• The problem of Italy is not really a question of age. Japan has an older population, and it is now in full economic recovery. The problem is that Italy is old in the structure of the society.
  Romano Prodi # Problems, Society, Economic Quotes
• We have already begun taking concrete steps to change the structure of our economy and, as we have discussed a great deal, to give it a more innovative quality.
  Vladimir Putin # Changes, Economic, Organization, Innovative, Quality, Improvement Quotes
• There is no way of keeping profits up but by keeping wages down.
  David Ricardo # Profit, Salary, Economic Quotes
• The exchangeable value of all commodities, rises as the difficulties of their production increase.
  David Ricardo # Economic, Value, Difficult Quotes
• If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of that commodity on which it is exercised, as every diminution must lower it.
  David Ricardo # Labour, Economic, Value Quotes
• Gold and silver are no doubt subject to fluctuations, from the discovery of new and more abundant mines; but such discoveries are rare, and their effects, though powerful, are limited to periods of comparatively short duration.
  David Ricardo # Gold, Economic, Doubt Quotes
• A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no real effect whatever on profits.
  David Ricardo # Salary, Money, Economic Quotes
• Money, being a variable commodity, the rise of money-wages will be frequently occasioned by a fall in the value of money.
  David Ricardo # Salary, Money, Economic, Value Quotes
• I have said consistently, Australia will do no more and no less than the rest of the world.
  Kevin Rudd # Australian, Contribution, World, Selfish, Planning, Philosophy, Economy Quotes
• Labor's message then is this: we believe in a strong economy; we believe also in a fair go for all, not just for some.
  Kevin Rudd # Labor Party, Meaning, Strong, Belief, Justice, Economy, Politics Quotes
• Education is both a tool of social justice as well as a fundamental driver of economic development.
  Kevin Rudd # Education, Justice, Social, Development, Economic Quotes
• When it comes to labour market reform, here's the difference between us and John Howard: John Howard regards labour as just like any other economic commodity. We actually see labour as made up of human beings. These are human beings with an intrinsic dignity. When they go to the workplace, they're not just like a lump of wood or a piece of coal, these are human beings, and they should be treated properly as people with intrinsic rights.
  Kevin Rudd # Reform, Different, Politicians, Labour, Economic, Human, Change, Human Rights Quotes
• Politics is about power. It is about the power of the state. It is about the power of the state as applied to individuals, the society in which they live and the economy in which they work. Most critically, our responsibility in this parliament is how that power is used: whether it is used for the benefit of the few or the many.
  Kevin Rudd # Politics, Power, Government, Economics, Criticism, Responsibility, Parliament, Important Quotes
• First of all America is very important, we must have better economic relations. That calls us to the cultural area which is important. Turkey has often been judged solely on its past. The democracy we have is not perfect. We are learning.
  Sakip Sabanci # America, Economic, Politics, Learning Quotes
• Wall Street indices predicted nine out of the last five recessions!
  Paul Samuelson # Economic, Wall Street, Problem Quotes
• Economics has never been a science - and it is even less now than a few years ago.
  Paul Samuelson # Economic, Science Quotes
• Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.
  Paul Samuelson # Globalization, Economic, Growth, Politicians, Support, Loss Quotes
• To found a great empire for the sole purpose of raising up a people of customers may at first sight appear a project fit only for a nation of shopkeepers. It is, however, a project altogether unfit for a nation of shopkeepers; but extremely fit for a nation whose government is influenced by shopkeepers.
  Adam Smith # Customers, Economic, Government Quotes
• Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.
  Adam Smith # Government, Property, Rich, Poverty, Economic, Politics Quotes
• It is the highest impertinence and presumption, therefore, in kings and ministers to pretend to watch over the economy of private people, and to restrain their expense. They are themselves, always, and without any exception, the greatest spendthrifts in the society.
  Adam Smith # Government, Economic, Private, Society Quotes
• Everything is speeding up: politically, economically and technologically.
  Javier Solana # Politics, Economic, Technology Quotes
• We have global markets which make us extremely interdependent so that what goes on within individual countries is of consequence to us all.
  George Soros # Stock Market, World, Economic Quotes
• The financial markets play an active role in determining what's going to happen, how the economy is going to function.
  George Soros # Finance, Determined, Economic, Predict Quotes
• We are fifty or a hundred years behind the advanced countries. We must make good this distance in ten years. Either we do it, or they will crush us.
  Joseph Stalin # Development, Competition, Strategy, Economic, Planning, Growth, Ambition Quotes
• Our position is this. Maintaining neutrality and waiting for the right time, the USSR will presently assist Germany economically and supply her with raw materials and provisions.
  Joseph Stalin # War, Communism, Russia, Decisions, International Relations, Economic, Military, Partnership Quotes
• I've never believed protectionism of that kind will lead us anywhere. I think you can have certain specific rules for engaging with India.. for example, not allowing mineral resources to be taken out of the country.. but there is not a shred of doubt in my mind that when you open an economy you should do it in totality. Foreign investment adds a sense of competition; we should see this as a wake-up call to modernise and upgrade. Companies that do not will undoubtedly die.
  Ratan Tata # India, Protectionism, Competition, Economy, Company, Foreign Investment, Doubt, Development, Improvement, Bankruptcy, Regulations Quotes

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