I have never believed in the fallacy that the federal government can buy its way out of economic troubles through needless spending. For that reason, I am proud to oppose ‘stimulus’ packages and endless corporate bailouts, which will do little but weaken the long-term integrity of the American economy.
To talk about planning an economic system is to talk in old terms, and I find myself sometimes having to teach Westers about what the market really means.
There has been little to no attention from policymakers to the economic inequalities young people face. Instead of job creation policies, our country’s youth are faced with tuition hikes.
The close of my studies with a degree of a Dr. Ing. in 1929 coincided with the great economic crisis, and I was not able to find an academic position. I was therefore very grateful for a position in the newly created laboratory of G.J. Driza in Prague where rare chemicals were produced on small scale.
The best way to make money is to have more economic freedom, which is why we are one of the very few large companies that are consistently for it.
Access to capital is critical for small business success and crucial to our economic recovery. Without access to capital, many small companies are not able to maintain operations, let alone expand and create new jobs.
A lot of attention has been going to social values – abortion, gay rights, other divisive issues – but economic values are equally important.
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.
Under capitalism each individual engages in economic planning.
The Tories win elections when they lead on economic competence.
Bush is going in the wrong way. And I dare say, that is what the strategy of his administration is, is just to wipe out government’s purpose for any social and economic justice at all. And I’m going to take the country in an opposite direction than he’s taking it.
In this time of budget cuts, we cannot forget that basic science is a building block for scientific innovation and economic growth in the information age.
We live in a time when all elites, whether on the left or the right, believe in rigid rules that say there is no alternative to the present political and economic system.
High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape our politics in ways that give them more economic power.
We must never forget that it is the private sector – not government – that is the engine of economic opportunity. Businesses, particularly small businesses, flourish and can provide good jobs when government acts as a productive partner.
We have a responsibility as a state to protect our most vulnerable citizens: our children, seniors, people with disabilities. That is our moral obligation. But there is an economic justification too – we all pay when the basic needs of our citizens are unmet.
The political, the economic, the social are tied together like the strands of a rope. The social and economic, if they are firm, tend to strengthen the other.
The Internet has become a remarkable fount of economic and social innovation largely because it’s been an archetypal level playing field, on which even sites with little or no money behind them – blogs, say, or Wikipedia – can become influential.
This country needs to get a backbone and stand up for its economic interest.
In 1993, as House Democratic Leader, I led the fight to pass the Clinton-Gore economic plan – a plan designed to slash the deficit, invest in education, cut taxes for working families, and ask the wealthy among us to pay their fair share… Not one Republican voted for that plan. They said it was a job killer.
Chicago is the Great American City, and it was really great to live there during a time of economic expansion and opportunity and growth. I felt like I was living at the center of the world. Unlike New York, no one expects you to be a professional writer.
Silicon Valley has been this global engine of innovation and economic growth over the last few decades, but a tidal wave of innovation that has been focused very much in the digital realm.
Economists actually disagree about whether there are significant economic returns from attending an elite college versus a less-selective one.
Essentially we need a new social consensus for economic reform as New Labour has achieved in Britain.
Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty and marginalisation.
There is a need for financial reform along ethical lines that would produce in its turn an economic reform to benefit everyone. This would nevertheless require a courageous change of attitude on the part of political leaders.
Destroying rainforest for economic gain is like burning a Renaissance painting to cook a meal.
Prodded by the needs of the Union cause, the Republican Party created a strong national government that educated young men and gave them land to farm. Ultimately, the GOP abolished slavery, then gave freedmen the vote so they could protect their own economic interests.
Europe has never had a single or unified voice in world affairs: a common foreign policy. It has often appeared to be rudderless and unable to make quick decisions when faced with economic crises, presenting instead an image of division and hopelessness.
And judging what is appropriate or not appropriate for a country, I think it is important in particular in judging what is the appropriate economic policy framework, one should take into account the overall political environment and the institutional framework within which economic policy operates.
Racial discrimination, South Africa’s economic power, its oppression and exploitation of all the black peoples, are part and parcel of the same thing.
Every Maryland family wants financial security, schools that work, quality healthcare, safer neighborhoods, and ever-expanding economic opportunity. These are the building blocks of a superior quality of life.
The Muslim world and its subset the countries of the Middle East have been left behind in the marathon of political, economic and human development. For that, there is a tendency to blame others as the primary cause.
And lastly, the political revolutions from 1911 to the present time have done more to bring about tremendous social changes everywhere than even the economic and industrial changes and the new schools.
The system that enables the most people to earn the most success is free enterprise, by matching up people’s skills, interests, and abilities. In contrast, redistribution simply spreads money around. Even worse, it attenuates the ability to earn success by perverting economic incentives.
In today’s world, learning has become the key to economic prosperity, social cohesion and personal fulfillment. We can no longer afford to educate the few to think, and the many to do.
For America’s economic future to remain prosperous, we must encourage pro-growth policies so that we continue to be the leader in innovation and entrepreneurship.
The very fact that we find it hard to conceive of an alternative to limitless economic growth is an indication of our spiritual condition.
Corporate America is not dumb; it’s worked hard to sew up both political parties in its nefarious schemes to place their short-term economic interests before the health and well-being of the average American.
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.
Real economic stimulus comes from real investment.
We’re not very good at forecasting, and we don’t know how to measure the impact of economic policy.
The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development.
Rather than squander the surplus on tax breaks for the rich, we should add a prescription drug benefit to the Medicare program, shore up Social Security, fortify our defense, provide a quality public education and offer economic assistance to rural areas.
Economists agree about economics – and that’s a science – and they disagree about economic policy because that’s a value judgment… I’ve had profound disagreements on policy with the famous Milton Friedman. But, on economics, we agree.
The economic impact of illegal immigration on taxpayers is catastrophic.
The tech-driven economy leads to a two-tier job market where workers are either critical or ‘commodity.’ This divisive ‘winner-take-all’ mentality hurts most Americans and worsens economic inequality.
Universal education is not only a moral imperative but an economic necessity, to pave the way toward making many more nations self-sufficient and self-sustaining.
It is part of my faith as a Muslim to try to help those who are suffering from poverty or economic or political injustice.
Cyber-enabled theft of trade secrets by state actors in China has emerged as a major threat to our economic and, thus, national security.
Without education, we are weaker economically. Without economic power, we are weaker in terms of national security. No great military power has ever remained so without great economic power.
