“We know that investment causes growth. But it is also true that growth causes investment.”

—  Jim Stanford

Part 3, Chapter 12, Investment and Growth, p. 144 (See also: Government spending.)
Economics For Everyone (2008)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "We know that investment causes growth. But it is also true that growth causes investment." by Jim Stanford?
Jim Stanford photo
Jim Stanford 21
Canadian economist 1961

Related quotes

Stephen R. Covey photo

“Self growth is tender; it's holy ground. There's no higher investment.”

Source: The Seven Habits Of Highly Effective People (1989), p. 62

Douglass C. North photo

“The factors we have listed (innovation, economies of scale, education, capital accumulation, etc.) are not causes of growth; they are growth.”

Douglass C. North (1920–2015) American Economist

Source: The rise of the western world, 1973, p. 2

Peter D. Schiff photo

“Non-dividend-paying growth stocks can be attractive but should be viewed as speculation rather than investing.”

Peter D. Schiff (1963) American entrepreneur, economist and author

Quotes from Crash Proof (2006)

Gordon Brown photo

“Our new economic approach is rooted in ideas which stress the importance of macro-economics, post neo-classical endogenous growth theory and the symbiotic relationships between growth and investment, and people and infrastructure.”

Gordon Brown (1951) British Labour Party politician

Michael White, "The gift of tired tongues", The Guardian, 30 September 1994; Norman Macrae, "You've never had it so incoherent", Sunday Times, 2 October 1994.
Speech at an economic seminar, Tuesday 27 September 1994.
Member of Parliament

Indra Nooyi photo

“India needs to grow at 7 to 8 per cent to ensure full employment and we all will do our part to invest in India to make sure India achieves its growth potential.”

Indra Nooyi (1955) Indian-born, naturalized American, business executive

Narendra Modi question elicits 'no comment' from PepsiCo chief Indra Nooyi

Teresa Kok photo

“In this regard, I hope the dry rubber products segment continues to chart a more creditable growth in exports. These are challenging times. On the external front, the United States-China trade conflict, if protracted, could affect global growth and demand. On the domestic front, the private sector has to step up investment to drive economic growth, especially in the downstream sector.”

Teresa Kok (1964) Malaysian politician

Teresa Kok (2018) cited in " Teresa Kok: Rubber to surpass palm oil’s contribution to economy https://www.freemalaysiatoday.com/category/nation/2018/09/18/teresa-kok-rubber-to-surpass-palm-oils-contribution-to-economy/" on FMT News, 18 September 2018

Alan Hirsch photo

“Those of us with too much invested in the way things are will never embrace the revolutionary cause required for wholesale change.”

Alan Hirsch (1959) South African missionary

Source: The Faith of Leap (2011), p. 79

Hillary Clinton photo

“We need to have strong growth, fair growth, sustained growth. We also have to look at how we help families balance the responsibilities at home and the responsibilities at business.”

Hillary Clinton (1947) American politician, senator, Secretary of State, First Lady

Presidential campaign (April 12, 2015 – 2016), First presidential debate (September 26, 2016)

Norman Cousins photo

“Far more real than the ticking of time is the way we open up the minutes and invest them with meaning. Death is not the ultimate tragedy in life. The ultimate tragedy is to die without discovering the possibilities of full growth.”

Norman Cousins (1915–1990) American journalist

Quoted in Good Housekeeping (November 1989), p. 92.
Context: Hope, faith, love and a strong will to live offer no promise of immortality, only proof of our uniqueness ans human beings and the opportunity to experience full growth even under the grimmest circumstances. Far more real than the ticking of time is the way we open up the minutes and invest them with meaning. Death is not the ultimate tragedy in life. The ultimate tragedy is to die without discovering the possibilities of full growth.

Related topics