Economic Interventionism Quotes

To attempt to increase the wealth of any country, either by introducing or by detaining in it an unnecessary quantity of gold and silver, is as absurd as it would be to attempt to increase the good cheer of private families by obliging them to keep an unnecessary number of kitchen utensils. ~ Adam Smith

Refuting the false promises requires philosophic understanding of economic interventionism, central banking, and the deeply flawed foreign policy of meddling in the affairs of other nations. ~ Ron Paul

It is not in the power of governments to increase the supply of one commodity without a corresponding restriction in the supply of other commodities more urgently demanded by consumers. The authority may reduce the price of one commodity only by raising the prices of others. ~ Ludwig Von Mises

The outcome document known as "Transforming our World: The 2030 Agenda for Sustainable Development" highlights poverty eradication as the overreaching goal of the new development agenda and has at its core the integration of the economic, social and environmental dimensions of sustainable development. The emerging development agenda is unique in that it calls for action by all countries, poor, rich and middle-income. The 'five Ps' people, planet, prosperity, peace, and partnership - capture the broad scope of the agenda. The SDGs are expected to be achieved by 2030. ~ New Media Wing

Throughout this book I have tried to point out why interest, especially as it has been used by people such as Hume, Smith, Tocqueville, and Weber, is still a very useful concept. One reason why the concept of interest imparts a distinct dynamic to the analysis is that it is mainly interest which makes people takes action. It supplies the force that makes people get up at dawn and work very hard throughout the day. Combined with interests of others, it is a force that can move mountains and create new societies. ~ Richard Swedberg

Economic forces, after all, are invisible but for the effect they have on our physical form: where we live, what we eat, what we wear, how we dance. ~ Ruben Martinez

While independent India had been founded by high-born, well-educated men, by the twenty-first century few such types stood for elections, or voted in them, since the wealthy had extra-democratic means of securing their social and economic interests. Across India, poor people were the ones who took the vote seriously. It was the only real power they had. Another ~ Katherine Boo

Desperation is an emotion I seldom feel, except in relation to education, for I believe very deeply that for most of our children, a solid school education represents the only means available for ending the cycle of family poverty. Skills come later. Economic growth even later. Social cohesion lies far in the distance. What matters is that children complete 12 years of schooling with the ability to read, write, reason, calculate and express confidence for purposes of further studies, skills training and higher education. ~ Jonathan Jansen

Money is an instrumentality of the profit motive and must be issued and backed only by private enterprisers. Economic and political perversities are inescapable while government is admitted to money power. Since all national governments have, up to the present, been money issuing powers we may justly attribute all the economic and political ills of mankind to this single error. ~ E.C. Riegel

The developing world is full of entrepreneurs and visionaries, who with access to education, equity and credit would play a key role in developing the economic situations in their countries. ~ Muhammad Yunus

Modern economics is sick. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences for understanding the economic world. Economists have converted the subject into a sort of social mathematics in which analytical rigour is everything and practical relevance is nothing. ~ Mark Blaug

We become slaves the moment we hand the keys to the definition of reality entirely over to someone else, whether it is a business, an economic theory, a political party, the White House, Newsworld or CNN. ~ B.W. Powe

At Samasource, a company I founded in 2008, we train people living in poverty from Kenya to California to develop and market 21st century digital skills to adapt to new economic realities. ~ Leila Janah

I began my work in the '70s, teaching at a university in Bangladesh, and these economic theories that I had learned stopped ringing true for me, as I saw the misery of people living all around me. ~ Muhammad Yunus

Family farmers are small farmers who love the land. They're still not getting enough money for their product and are rapidly losing their battle to stay in business. By helping the American family farmer, we will in turn help ourselves out of the economic hole that we find ourselves in today. It doesn't really matter how we got here; the point is, we have to dig our way out. ~ Willie Nelson

I became very much, if I have to describe myself, I'm sort of a Libertarian Capitalist, and I was looking for, what's the economic engine that's going to drive us into space. ~ Peter Diamandis

Sound public finances are the essential foundation on which to construct a better-balanced economy from the wreckage of Labour's boom and bust. But it is economic growth that will create the jobs and the prosperity for the future and enable us to pay down Labour's debt. ~ Philip Hammond

[Six principles that make for a good story:] 1. Absence of lengthy verbiage of a political-social-economic nature; 2. total objectivity; 3. truthful descriptions of persons and objects; 4. extreme brevity; 5. audacity and originality: flee the stereotype; 6. compassion. ~ Anton Chekhov

Every day it seems more likely that we are destined - or should one say doomed? - to replay the disastrous economic history of the 1930s. ~ Barry Eichengreen

Freuchen tells how one day, after coming home hungry from an unsuccessful walrus-hunting expedition, he found one of the successful hunters dropping off several hundred pounds of meat. He thanked him profusely. The man objected indignantly:
"Up in our country we are human!" said the hunter. "And since we are human we help each other. We don't like to hear anybody say thanks for that. What I get today you may get tomorrow. Up here we say that by gifts one makes slaves and by whips one makes dogs.
... The refusal to calculate credits and debits can be found throughout the anthropological literature on egalitarian hunting societies. Rather than seeing himself as human because he could make economic calculations, the hunter insisted that being truly human meant refusing to make such calculations, refusing to measure or remember who had given what to whom, for the precise reason that doing so would inevitably create a world where we began "comparing power with power, measuring, calculating" and reducing each other to slaves or dogs through debt. It's not that he, like untold millions of similar egalitarian spirits throughout history, was unaware that humans have a propensity to calculate. If he wasn't aware of it, he could not have said what he did. Of course we have a propensity to calculate. We have all sorts of propensities. In any real-life situation, we have propensities that drive us in several different contradictory directions simultaneously. No one is more real ~ David Graeber

The problem is that many people operate on the assumption that NASA should go to Congress every year with hat in hand and justify it every year. Well, I see it as the greatest economic driver that there ever was. Economic drivers don't need justification. ~ Neil DeGrasse Tyson

The present age handed over the workers, each alone and defenseless, to the unbridled greed of competitors ... so that a very few and exceedingly rich men have laid a yoke of almost slavery on the unnumbered masses of non-owning workers. ~ Pope Leo XIII

I'm worried about economic growth in the United States. And the creation of jobs, output, and employment. And if you tax people who work, you're going to get less people working. And what the carbon tax would do is remove the tax from people who work and put it on a product in the ground. ~ Arthur Laffer

The Fed targets inflation. Everything else is determined by the economic forces that accompany its 2-percent inflation target. ~ Robert T. McGee

It is intended to signify a coordinated plan of different actions aiming at the destruction of essential foundations of the life of national groups, with the aim of annihilating the groups themselves. The objectives of such a plan would be the disintegration of the political and social institutions, of culture, language, national feelings, religion, and the economic existence of national groups, and the destruction of the personal security, liberty, health, dignity, and even the lives of the individuals belonging to such groups. ~ Raphael Lemkin

The socialists are sometimes wont to reproach liberalism with a lack of
consistency, It is, they maintain, illogical to restrict the activity of the state in the economic sphere exclusively to the protection of property. It is difficult to see why, if the state is not to remain completely neutral, its intervention has to be limited to protecting the rights of property owners.
This reproach would be justified only if the opposition of liberalism to all governmental activity in the economic sphere going beyond the protection of property stemmed from an aversion in principle against any activity on the part of the state. But that is by no means the case. The reason why liberalism opposes a further extension of the sphere of governmental activity is precisely that this would, in effect, abolish private ownership of the means of production. And in private property the liberal sees the principle most suitable for the organization of man's life in society.
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The Foundations of Liberal Policy
Liberalism is therefore far from disputing the necessity of a machinery of state, a system of law, and a government. It is a grave misunderstanding to associate it in any way with the idea of anarchism. For the liberal, the state is an absolute necessity, since the most important tasks are incumbent upon it: the protection not only of private property, but also of peace, for in the absence of the latter the full benefits of private property cannot be reaped. ~ Ludwig Von Mises

Corruption.
like anything it is systematic, and without a level of corruption ost societies would seize up, the levels of accepted/expected political corruption don't even raise eyebrows anymore, especially when it runs parallel to our economic systems, so I guess we are stuck with it. ~ Steve Merrick

Mexico urgently needs a series of structural reforms that will detonate its true economic potential for once and generate more public welfare. ~ Enrique Pena Nieto

Immigration along with nonwhite birthrates will make white people a minority totally vulnerable to the political, social, and economic will of blacks, Mexicans, Puerto Ricans, and Orientals. A social upheaval is now beginning to occur that will be the funeral dirge of the America we love. I shudder to contemplate the future under nonwhite occupation; rapes, murders, robberies multiplied a hundred fold, illiteracy such as in Haiti, medicine such as in Mexico, and tyranny such as in Togoland. ~ David Duke

Debt is a drag, a reality you may experience with every credit-card bill you open. But for a corporation or a government, it can be even more of a drag - on economic growth and job creation. ~ Mark McKinnon

Many writers, including myself, have detailed how irresponsible government actions slow economic recoveries. Similar behavior by individuals impedes growth, too. If you can't find someone reliable to do a deal with, you simply don't do the deal at all. ~ Amity Shlaes

The 2010 global gender gap report by the World Economic Forum shows that countries with better gender equality have faster-growing, more competitive economies. ~ Michelle Bachelet

What is the engine that drives economic growth in an ideopolis? The university. ~ Timothy Noah

Not a scar just psychological,
But as material as roaches,
Street corners and billy clubs.
A wound reopened systematically,
Inflicted with economic anarchy
And "No Help Wanted" signs. ~ Cabrini Gulag

Our churches are full of people during work hours, morning, noon, evening, praying instead of being in the factories, libraries, laboratories, facilitating economic growth ~ Sunday Adelaja

The people who are filing for bankruptcy in increasing numbers every year, it's not the poorest. It's not the people at the economic fringes. It's people who worked hard and played by the rules. ~ Elizabeth Warren

Investors look at economic fundamentals; traders look at each other; 'quants' look at the data. Dealing on the basis of historic price series was once described as technical analysis, or chartism (and there are chartists still). These savants identify visual patterns in charts of price data, often favouring them with arresting names such as 'head and shoulders' or 'double bottoms'. This is pseudo-scientific bunk, the financial equivalent of astrology. But more sophisticated quantitative methods have since proved profitable for some since the 1970s' creation of derivative markets and the related mathematics. Profitable ~ John Kay

Without doubt, our inability to design and implement a sustainable economic framework has resulted to our present ranking on the globalization index; a precious market to the productive countries. ~ Tony Osborg

What makes America unique is not that it built MIT, or that its grads are generating economic growth and innovation, but that every state in the country has universities trying to do the same. "America has 4,000 colleges and universities," said Allan E. Goodman, president of the Institute of International Education. "The rest of the world combined has 7,768 institutions of higher education. ~ Thomas L. Friedman

When I was first aware that I had been laid low by the disease, I felt a need, among other things, to register a strong protest against the word "depression." Depression, most people know, used to be termed "melancholia," a word which appears in English as the year 1303 and crops up more than once in Chaucer, who in his usage seemed to be aware of its pathological nuances. "Melancholia" would still appear to be a far more apt and evocative word for the blacker forms of the disorder, but it was usurped by a noun with a blank tonality and lacking any magisterial presence, used indifferently to describe an economic decline or a rut in the ground, a true wimp of a word for such a major illness.

It may be that the scientist generally held responsible for its currency in modern times, a Johns Hopkins Medical School faculty member justly venerated -- the Swiss-born psychiatrist Adolf Meyer -- had a tin ear for the finer rhythms of English and therefore was unaware of the semantic damage he had inflicted for such a dreadful and raging disease. Nonetheless, for over seventy-five years the word has slithered innocuously through the language like a slug, leaving little trace of its intrinsic malevolence and preventing, by its insipidity, a general awareness of the horrible intensity of the disease when out of control. ~ William Styron

You can't have the family farm without the family. ~ Gilbert K. Chesterton

Our Government's top priority remains jobs and economic growth. Today's announcement demonstrates our commitment to ensuring the continued success of western Canadian businesses and entrepreneurs in the apparel and textile sector. ~ Michelle Rempel

Sources of economic growth are all completely destroyed – the airport (runways demolished, totally closed); the border for trade with Egypt (now with a sniper tower in the middle of the crossing); access to the ocean (completely cut off in the last two years ). ~ Rachel Corrie

A Society that gives to one class all the opportunities for leisure and to another all the burdens of work condemns both classes to spiritual sterility. ~ Lewis Mumford