economics Quotes

From the 1970s, there has been a significant change in the U.S. economy, as planners, private and state, shifted it toward financialization and the offshoring of production, driven in part by the declining rate of profit in domestic manufacturing.

The Latin American debt that reached crisis levels from 1982 would have been sharply reduced by return of flight capital - in some cases, overcome, though all figures are dubious for these secret and often illegal operations.

Wall Street apparently takes and then forgets, and then comes after the guns of law-abiding American citizens and small businesses.

Money is more than a massively consensual IOU note. It is a piece of infrastructure and is as artificial as Interstate 5, NutraSweet or season three of 'Mad Men.'

The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.

We of the sinking middle class may sink without further struggles into the working class where we belong, and probably when we get there it will not be so dreadful as we feared, for, after all, we have nothing to lose.

Money often costs too much.

I sincerely believe... that banking establishments are more dangerous than standing armies.

Building new roads and bridges creates jobs. Growing our exports creates jobs. Reforming our outdated tax system and our broken immigration system creates jobs.

There are people who don't like capitalism, and people who don't like PCs. But there's no-one who likes the PC who doesn't like Microsoft.