#economic

Without economic development, any potential for political openness and freedom will be questionable. ↗

— Jose Maria Aznar

#development #economic #economic development #freedom #openness

We must also win really sufficient and, above all, practical, guarantees for the freedom of the seas and for the further fulfilment of our economic and political tasks throughout the world. ↗

— Bernhard von Bulow

#also #economic #freedom #fulfilment #further

And the cornerstone of my economic policies, when I first got elected, was cutting taxes on everybody on who paid taxes. ↗

— George W. Bush

#cutting #economic #economic policies #elected #everybody

Over the past several years, all of us as Canadians, and as members of the North American cultural and economic environment, have been to a greater or lesser extent party to a significant attitudinal change towards our culture. ↗

— Alex Campbell

#been #canadians #change #cultural #culture

Taxpayers have put more than $24 trillion on the line to resuscitate Wall Street after the economic meltdown of last year. With the help of this massive taxpayer support, the nation's largest banks are posting record profits. ↗

— Maria Cantwell

#banks #economic #help #largest #last

The other salient characteristic of the Declaration is its universality: it applies to all human beings without any discrimination whatever; it also applies to all territories, whatever their economic or political regime. ↗

— Rene Cassin

#any #applies #beings #characteristic #declaration

In a basic agricultural society, it's easy enough to swap five chickens for a new dress or to pay a schoolteacher with a goat and three sacks of rice. Barter works less well in a more advanced economy. The logistical challenges of using chickens to buy books on Amazon.com would be formidable. ↗

— Charles Wheelan

#economics #science

When the solution to a given problem doesn’t lay right before our eyes, it is easy to assume that no solution exists. But history has shown again and again that such assumptions are wrong. This is not to say the world is perfect. Nor that all progress is always good. Even widespread societal gains inevitably produce losses for some people. That’s why the economist Joseph Schumpeter referred to capitalism as “creative destruction.” But humankind has a great capacity for finding technological solutions to seemingly intractable problems, and this will likely be the case for global warming. It isn’t that the problem isn’t potentially large. It’s just that human ingenuity—when given proper incentives—is bound to be larger. Even more encouraging, technological fixes are often far simpler, and therefore cheaper, than the doomsayers could have imagined. Indeed, in the final chapter of this book we’ll meet a band of renegade engineers who have developed not one but three global-warming fixes, any of which could be bought for less than the annual sales tally of all the Thoroughbred horses at Keeneland auction house in Kentucky. ↗

— Steven D. Levitt

#incentives #imagination

The lesson I have to teach is this: Leave all creative energies uninhibited. Merely organize society to act in harmony with this lesson. Let society's legal apparatus remove all obstacles the best it can. Permit these creative know-hows freely to flow. Have faith that free men and women will respond to the Invisible Hand. This faith will be confirmed. I, Pencil, seemingly simple though I am, offer the miracle of my creation as testimony that this is a practical faith, as practical as the sun, the rain, a cedar tree, the good earth. ↗

— Leonard E. Read

#capitalist #economics #inspirational #libertarian #politics

Capitalism tries for a delicate balance: It attempts to work things out so that everyone gets just enough stuff to keep them from getting violent and trying to take other people’s stuff. ↗

— George Carlin

#economics-philosophy #humor #politics #humor