#economic

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

The value of money has been settled by general consent to express our wants and our property, as letters were invented to express our ideas; and both these institutions, by giving a more active energy to the powers and passions of human nature, have contributed to multiply the objects they were designed to represent. ↗

— Edward Gibbon

#design

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

The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble. ↗

— Ludwig von Mises

#profit #freedom

I applied for your love like a recent MBA grad might apply at Walmart today. I grew a beard on my chest and laughed through my ass just to get your attention. ↗

— Jarod Kintz

#funny #love #mba #funny

The President also talked at length about how well the American economy is doing. Apparently, he got his information on this topic from his millionaire supporters. For the average working family, these are trying economic times. ↗

— Jose Serrano

#also #american #american economy #apparently #average

(1) Use mathematics as shorthand language, rather than as an engine of inquiry. (2) Keep to them till you have done. (3) Translate into English. (4) Then illustrate by examples that are important in real life (5) Burn the mathematics. (6) If you can’t succeed in 4, burn 3. This I do often. ↗

— Alfred Marshall

#life

Our hopes of avoiding the fate which threatens must...[be to make]adjustments that will be needed if we are to recover and surpass our former standards...and only if every one of us is ready to individually obey the necessities of readjustment shall we be able to get through a difficult period as free men who can choose their own way of life. Let a uniform minimum be secured to everybody by all means; but let us admit at the same time that with this assurance of a basic minimum all claims for a privileged security for particular classes must lapse.... ↗

— Friedrich A. von Hayek

#life

Life is like a curve, horizontally or vertically, we are at origin point ↗

— Estiana Cahyawati

#life #life

Great leap forwards in mankind do not take place because of the economic values we place on them. They happen because we strive to do better and to be better. The sooner we break away from the 'if it makes money it must be good' mentality the better off we all shall be. ↗

— David Alejandro Fearnhead

#money