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In practice, socialism didn't work. But socialism could never have worked because it is based on false premises about human psychology and society, and gross ignorance of human economy.
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
If you look at any Muslim society and you make a scale of how developed they are, and how successful the economy is, it's a straight line. It depends on how much they emancipate their women.
Forgiveness is the economy of the heart... forgiveness saves the expense of anger, the cost of hatred, the waste of spirits.
When I became prime minister last September, I promised the Japanese people that I would not tolerate the politics of indecision. A propensity to delay difficult and weighty decisions has been hurting our country. It is detrimental to our economy, society and future, and it cannot be allowed to continue.
What I am saying every day to Malawians is that time has come for us to move from aid to trade. We have picked several sectors that we think we can focus on immediately in order for us to grow our economy. So we have decided to diversify agriculture, we decided to develop our tourism sector, we have decided to develop our mining sector.
Russia does not have a modern economy: it's a petro-power. The only thing it sells that the world wants to buy is oil and natural gas. When was the last time anyone bought a Russian computer? A Russian car? A Russian cell phone? Russia is so dependent on high energy prices that if oil falls below $100 a barrel, the Kremlin can't meet payroll.
Kathleen Troia McFarland
Every dollar of SNAP benefits generates $1.84 in the economy in terms of economic activity. If people are able to buy a little more in the grocery store, someone has to stock it, package it, shelve it, process it, ship it. All of those are jobs. It's the most direct stimulus you can get in the economy during these tough times.
It is virtually impossible to compete in today's global economy without a college degree.
Nuclear power will help provide the electricity that our growing economy needs without increasing emissions. This is truly an environmentally responsible source of energy.
No other investment yields as great a return as the investment in education. An educated workforce is the foundation of every community and the future of every economy.
To put it bluntly, there isn't one economic theory that can single-handedly explain Singapore's success; its economy combines extreme features of capitalism and socialism. All theories are partial; reality is complex.
It is part of the general pattern of misguided policy that our country is now geared to an arms economy which was bred in an artificially induced psychosis of war hysteria and nurtured upon an incessant propaganda of fear.
Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - an authoritarian determination of the status of each individual in the new hierarchical order.
Friedrich August von Hayek
Our workforce and our entire economy are strongest when we embrace diversity to its fullest, and that means opening doors of opportunity to everyone and recognizing that the American Dream excludes no one.
Human experience depends on everything that can influence states of the human brain, ranging from changes in our genome to changes in the global economy.
Some argue we should get coal, oil and gas out of the ground as quickly as possible, build more pipelines and make as much money as we can selling it here and abroad. Their priorities are the economy and meeting short-term energy needs so we can live the lives to which we've become accustomed.
If you like small government you need to work hard at having a strong national defense that is not so militant. Personal liberty is the purpose of government, to protect liberty - not to run your personal life, not to run the economy, and not to pretend that we can tell the world how they ought to live.
For an economy built to last we must invest in what will fuel us for generations to come. This is our history - from the Transcontinental Railroad to the Hoover Dam, to the dredging of our ports and building of our most historic bridges - our American ancestors prioritized growth and investment in our nation's infrastructure.
After several trillion dollars of stimulation by the Obama Administration and the Fed, one might think the economy would be chugging along at a pretty good clip. But, it just isn't so, and the light at the end of the tunnel is pretty dim. Just ask a small business owner.
Because of what's going on with the economy, I think women are realizing that maybe they don't need a closet full of clothes. They just need the right clothes.
I feel that my father's greatest legacy was the people he inspired to get involved in public service and their communities, to join the Peace Corps, to go into space. And really that generation transformed this country in civil rights, social justice, the economy and everything.
Not wishing to be disturbed over moral issues of the political economy, Americans cling to the notion that the government is a sort of automatic machine, regulated by the balancing of competing interests.
C. Wright Mills
We believe that the world, too, can destroy apartheid, firstly by striking at the economy of South Africa.
To handle the economy and services in a country like Iraq requires delegation of authority and the choice of competent people.
A. P. J. Abdul Kalam
Martin Luther King, Jr.
Leonardo da Vinci
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