#economic

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

The World Cup tournament overall and, naturally, the new stadiums at its heart, are the ideal platform to portray Germany as a positive and exceptional location, and above all of course, as a highly capable economic location. ↗

— Franz Beckenbauer

#capable #course #cup #economic #exceptional

We favor the economic unification of Germany. If complete unification cannot be secured, we shall do everything in our power to secure the maximum possible unification. ↗

— James F. Byrnes

#complete #economic #everything #favor #germany

Your money myth affects your gain and luck. In economics, illusion of money affects wealth. ↗

— Toba Beta

#gain #illusion #luck #money #myth

Overborrowing or overlending? Lenders encourage indebtedness because it is profitable. Developing country governments are sometimes even pressured to overborrow ... Even without corruption, it is easy to be influenced by Western businessmen and financiers ... Countries that aren't sure that borrowing is worth the rist are told how important it is to establis a credit rating: borrow even if you really don't need the money. ↗

— Joseph E. Stiglitz

#politics #money

Th direct elimination of elimination of poverty should be the objective of all development aid. Development should be viewed as a human rights issue, not as a question of simply increasing the gross national product (GNP). ↗

— Muhammad Yunus

#economics #poverty #poverty-alleviation #social-change #change

Freedom to order our own conduct in the sphere where material circumstances force a choice upon us, and responsibility for the arrangement of our own life according to our own conscience, is the air in which alone moral sense grows and in which moral values are daily recreated in the free decision of the individual. Responsibility, not to a superior, but to one's own conscience, the awareness of a duty not exacted by compulsion, the necessity to decide which of the things one values are to be sacrificed to others, and to bear the consequences of one's own decision, are the very essence of any morals which deserve the name. ↗

— Friedrich A. von Hayek

#freedom

The mistake you make, don't you see,is in thinking one can live in a corrupt society without being corrupt oneself. After all, what do you achieve by refusing to make money? You're trying to behave as though one could stand right outside our economic system. But one can't. One's got to change the system, or one changes nothing. One can't put things right in a hole-and-corner way, if you take my meaning. ↗

— George Orwell

#economics-society #money #society #system #change

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

There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: "In the long run we are all dead." And such shallow wisecracks pass as devastating epigrams and the ripest wisdom. ↗

— Henry Hazlitt

#fdr #keynes #obama #progressivism #men