#economic

All love is socioeconomic. It’s the gradients in status that make arousal possible. ↗

— Gary Shteyngart

#gary-shteyngart #humor #love #russian-debutante-s-handbook #socioeconomics

This is perhaps as good a place as any to point out that what distinguishes many reformers from those who cannot accept their proposals is not their greater philanthropy, but their greater impatience. The question is not whether we wish to see everybody as well off as possible. Among men of good will such an aim can be taken for granted. The real question concerns the proper means of achieving it. And in trying to answer this we must never lose sight of a few elementary truisms. We cannot distribute more wealth than is created. We cannot in the long run pay labor as a whole more than it produces. ↗

— Henry Hazlitt

#men

The fields were fruitful, and starving men moved on the roads. ↗

— John Steinbeck

#politics #men

America is the greatest engine of innovation that has ever existed, and it can't be duplicated anytime soon, because it is the product of a multitude of factors: extreme freedom of thought, an emphasis on independent thinking, a steady immigration of new minds, a risk-taking culture with no stigma attached to trying and failing, a noncorrupt bureaucracy, and financial markets and a venture capital system that are unrivaled at taking new ideas and turning them into global products. ↗

— Thomas L. Friedman

#capitalism #economics #freedom #liberty #politics

One of the greatest pieces of economic wisdom is to know what you do not know. ↗

— John Kenneth Galbraith

#greatest #know #pieces #wisdom #you

The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists. ↗

— Ernest Hemingway

#bring #currency #economic #first #inflation

And once you get instantaneous communication with everybody, you have economic activity that's far more advanced, far more liquid, far more distributed than ever before. ↗

— Marc Andreessen

#advanced #before #communication #distributed #economic

This country needs to get a backbone and stand up for its economic interest. ↗

— Byron Dorgan

#country #economic #get #interest #needs

At a time of economic recession, the need for Medicaid and other safety net services is even greater. And we don't want to raise taxes on people who are having a tough time paying their bills. ↗

— James Douglas

#economic #economic recession #even #greater #having

The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth. ↗

— Toshihiko Fukui

#capita #capital #comes #deepening #economic