#economic

Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people. But, of course, these motorcars, television sets and refrigerators do not make a man happy. In the instant in which he acquires them, he may feel happier than he did before. But as soon as some of his wishes are satisfied, new wishes spring up. Such is human nature. ↗

— Ludwig von Mises

#age

Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth. ↗

— William E. Simon

#consideration #economic #first #growth #innovation

It's our job as economic developers in the state to make sure any prospect receives all available incentives. ↗

— Larry Williams

#available #developers #economic #incentives #job

Capitalism is not an economic system, but a world-outlook, or rather, a part of a whole world-outlook. ↗

— Francis Parker Yockey

#economic #economic system #part #rather #system

What we need is more money back in the hands of Americans of any economic standing and so raising taxes right now doesn't make sense. ↗

— Kevin Yoder

#back #economic #hands #make #money

Nowadays… deals are transactional rather than personal. Instead of placing your faith in a person, you get lawyers to write safeguards into the contract. This is an historic shift from a trust economy to a risk economy. But trust is not a dispensable luxury. It is the very basis of our social life. Many scholars believe that capitalism had religious roots because people could trust other people who, feeling that they were answerable to God, could be relied on to be honest in business. A world without trust is a lonely and dangerous place. ↗

— Jonathan Sacks

#capitalism #economics #trust #business

And that's the real reason the powerful fear open systems and networks. If anyone can set up a free voicecall to anyone else in the world, using the net, then we can all communicate with the same ease that's standard for the high and mighty. [...] And if any worker, anywhere, can communicate with any other worker, anywhere, for free, instantaneously, without the boss's permission, then, brother, look out, because the Coase cost of demanding better pay, better working conditions and a slice of the pie just got a *lot* cheaper. And the people who have the power aren't going to sit still and let a bunch of grunts take it away from them. ↗

— Cory Doctorow

#labour-movement #communication

The United States spends over $87 billion conducting a war in Iraq while the United Nations estimates that for less than half that amount we could provide clean water, adequate diets, sanitations services and basic education to every person on the planet. And we wonder why terrorists attack us. ↗

— John Perkins

#poverty #diet

Praxeology is a theoretical and systematic, not a historical, science. Its scope is human action as such, irrespective of all environmental, accidental, and individual circumstances of the concrete acts. Its cognition is purely formal and general without reference to the material content and the particular features of the actual case. It aims at knowledge valid for all instances in which the conditions exactly correspond to those implied in its assumptions and inferences. Its statements and propositions are not derived from experience. They are, like those of logic and mathematics, a priori. They are not subject to verification or falsification on the ground of experience and facts. ↗

— Ludwig von Mises

#empiricism #falsification #libertarianism #pseudoscience #reality

The ideal-worker standard and norm of work devotion push mothers to the margins of economic life. And a society that marginalizes its mothers impoverishes its children. That is why the paradigmatic poor family in the United States is a single mother and her child. ↗

— Joan C. Williams

#economics #mothers #poverty #work #family