Greatest Economic Quotes

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Greatest Economic Quotes

The skills and productivity of American Workers, not to mention the taxes they pay, are the greatest economic resource our country has. To condemn large numbers of them to unemployment, to deprive the Treasury of their tax contributions and to force them to live on unemployment at public expense is the most expensive luxury any society ever chose to buy.
— Lane Kirkland —

The great danger in the South comes precisely from the fact that the public is not informed. Newspapers shirk notoriously their editorial responsibilities and print what they think their readers want. They lean with the prevailing winds and employ every fallacy of logic in order to editorialize harmoniously with popular prejudices. They also keep a close eye on possible economic reprisals from the Councils and the Klans, plus other superpatriotic groups who bring pressure to bear on the newspapers' advertisers. In addition, most adhere to the long-standing conspiracy of silence about anything remotely favorable to the Negro. His achievements are carefully excluded or, when they demand attention, are handled with the greatest care to avoid the impression that anything good the individual Negro does is typical of his race.

— John Howard Griffin

What rendered it all acceptable was that government won the war, in astonishingly short order. Had the war dragged on or ended badly, the trust reposed in government might have been withdrawn. But the greatest conflict in human history was brought to a victorious conclusion for the United States only three and a half years after American entry. America's unprecedentedly large government defeated fascism; America's big government placed the United States at the pinnacle of world power. In the process, big government restored the nation's economic vitality and self-confidence. By 1945 most Americans found big government thoroughly acceptable, even necessary, and they had ample reason for feeling the way they did.

— H.W. Brands

Inner peace-you need to know who you are, what you want out of life. You have to do your own thinking, and for that you better know who you are, and not just know but be secure in it, comfortable with yourself. Plus you gotta have discipline. Stamina. And luck sure helps. A little luck counts for a lot, including our great good luck of being born into the greatest economic system ever devised. It's not a perfect system by any means, but overall it's responsible for tremendous human progress. In just the past century alone, we've seen something like a seven-to-one improvement in the standard of living. I'm not saying we don't have problems, we've got a helluva lot of problems, but that's where the genius of the free market comes in, all the drive and talent and energy that goes into solving those problems.

— Ben Fountain

One of the greatest pieces of economic wisdom is to know what you do not know.

— John Kenneth Galbraith

If greed were not the master of modern man, how could it be that the frenzy of economic activity does not abate as higher standards of living are attained, and that it is precisely the richest societies which pursue their economic advantage with the greatest ruthlessness?

— E. F. Schumacher

If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.

— Joseph Goebbels

The American businessmen, as a class, have demonstrated the greatest productive genius and the most spectacular achievements ever recorded in the economic history of mankind. What reward did they receive from our culture and its intellectuals? The position of a hated, persecuted minority. The position of a scapegoat for the evils of the bureaucrats.

— Ayn Rand

[Freedom] is the greatest of political goods. I do not say freedom is the greatest of all goods: the best things come from within they are such things as creative art, and love, and thought. Such things can be helped or hindered by political conditions, but not actually produced by them; and freedom is, both in itself and in its relation to these other goods the best thing that political and economic conditions can secure.

— Bertrand Russell

The evidence for indicting immunisations for SIDS is circumstantial, but compelling. However, the keepers of the keys to medical-research funds are not interested in researching this very important lead to the cause of an ongoing, and possibly preventable, tragedy. Anything that implies that immunisations are not the greatest medical advance in the history of public health is ignored or ridiculed. Can you imagine the economic and political import of discovering that immunisations are killing thousands of babies?

— Frederick Douglass

Climate change is the world's greatest environmental challenge. It is now plain that the emission of greenhouse gases, associated with industrialization and economic growth ... is causing global warming at a rate that is unsustainable.

— Tony Blair

I don't think you can pump carbon dioxide into the atmosphere indefinitely and not have a reaction. But there are great scientists such as Freeman Dyson, one of the greatest physicists of the last hundred years, who has studied the question, who believes quite the opposite. The reason transnational action is so difficult is because the major problem with climate change is, A, that there is no consensus, and, B, that the economic cost is simply staggering. Reversing it completely might mean undoing the modern industrial economy.

— Charles Krauthammer

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