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Economic Quotes - Page 3
For the Negro, Andrew Johnson did less than nothing when once he realized that the chief beneficiary of labor and economic reform in the South would be freedmen. His inability to picture Negroes as men made him oppose efforts to give them land; oppose national efforts to educate them; and above all things, oppose their rights to vote.
W. E. B. Du Bois
Philanthropy is commendable, but it must not cause the philanthropist to overlook the circumstances of economic injustice which make philanthropy necessary.
Martin Luther King, Jr.
There can be no liberty unless there is economic liberty.
I do not support raising the minimum wage, and the reason is as follows. When the minimum wage is raised, workers are priced out of the market. That is the economic reality that seems, at least so far, to be missing from this discussion.
Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.
Outsourcing and globalization of manufacturing allows companies to reduce costs, benefits consumers with lower cost goods and services, causes economic expansion that reduces unemployment, and increases productivity and job creation.
Destroying rainforest for economic gain is like burning a Renaissance painting to cook a meal.
E. O. Wilson
The only function of economic forecasting is to make astrology look respectable.
John Kenneth Galbraith
I follow a set of principles, I follow the Constitution. And that's what I base my votes on. Limited government, economic freedom and individual liberty.
Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.
To understand the Left, one must understand that in its view the greatest evil is material inequality. The Left is more troubled by economic inequality than by evil as humanity has generally understood the term.
Without in any way minimising the economic and psychological blow that people experience when they lose their jobs, the unemployed in affluent countries still have a safety net, in the form of social security payments, and usually free healthcare and free education for their children. They also have sanitation and safe drinking water.
Global poverty is a complex web of interlinked problems. There is no one 'silver bullet' that will solve global inequality. Multiple contributing factors must be tackled in parallel. Yes, education alone is unlikely to lead to employment without economic reform to address the demand side in much of the developing world.
From the early 1960s to the mid-1980s - the era of military dictatorship when South Korea was rebuilding itself from a postwar economic basket case to a humming, modern nation - military schools were the track of choice for ambitious young men.
Turkey is going through an incredible economic, political and social transformation. What is most important is that Turkey has been the owner of this transformation. Ownership has been the key to success.
A basic element of the American dream is equal access to education as the lubricant of social and economic mobility.
Economic progress, in capitalist society, means turmoil.
Joseph A. Schumpeter
The economic and social decline of Zimbabwe is shocking and appalling. Life there is unrecognisable from that of the recent past. Each day is a struggle for basic survival.
To fulfill the promise of economic opportunity, we must remain true to the principle that collective bargaining is a cornerstone of a free society and indispensable to a strong middle class.
We've seen over time that countries that have the best economic growth are those that have good governance, and good governance comes from freedom of communication. It comes from ending corruption. It comes from a populace that can go online and say, 'This politician is corrupt, this administrator, or this public official is corrupt.'
States get to improve transportation infrastructure; that creates economic development, puts people back to work and, most important, enhances safety and improves local communities.
People like me who were engaging in brinkmanship with the party economic bosses and the open dissidents who were being arrested were pursuing a common goal in different ways.
The ability of the 1 percent to buy politicians and regulators is nothing new in American politics - just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems.
An American parliamentary system with proportional representation wouldn't immediately or inexorably lead to a flourishing social democracy, but it would at least correct the overrepresentation of an ideological minority and cut down on intentional tactical economic sabotage.
A community is democratic only when the humblest and weakest person can enjoy the highest civil, economic, and social rights that the biggest and most powerful possess.
A. Philip Randolph
The historical experience of socialist countries has sadly demonstrated that collectivism does not do away with alienation but rather increases it, adding to it a lack of basic necessities and economic inefficiency.
Pope John Paul II
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