“The alternative to getting help from the IMF would be economic policies so savage I think they would produce riots in the streets, an immediate fall in living standards and unemployment of three million.”

—  Denis Healey

On ITN's News at Ten (29 September 1976).
1970s

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 "The alternative to getting help from the IMF would be economic policies so savage I think they would produce riots in t…" by Denis Healey?
Denis Healey photo
Denis Healey32
British Labour Party politician and Life peer 1917–2015

Related quotes

Linda McQuaig photo

“It is almost enough to make one's jaw drop to think that officials at the World Bank and the IMF would suggest that they have poverty alleviation in mind when they force governments to withdraw subsidies that enable poor people to get clean water to drink. If this is a policy aimed at helping the world's poor, it's interesting to imagine what a policy aimed at hurting the world's poor would look like.”

Linda McQuaig (1951) journalist and author

All You Can Eat: Greed, Lust and the New Capitalism (2001)

Sam Harris photo

“But what do you think would happen if we had burned a copy of the Koran on tonight's show? There would be riots in scores of countries. Embassies would fall. In response to our mistreating a book, millions of Muslims would take to the streets, and we would spend the rest of our lives fending off credible threats of murder. But when ISIS crucifies people, buries children alive, and rapes and tortures women by the thousands—all in the name of Islam—the response is a few small demonstrations in Europe and a hashtag.”

Sam Harris (1967) American author, philosopher and neuroscientist

Sam Harris, &quot;Can Liberalism Be Saved From Itself?&quot; (October 7, 2014) http://www.samharris.org/blog/item/can-liberalism-be-saved-from-itself <br class="br">2010s

Ramsay MacDonald photo

“The channels of world trade are so obstructed by the pursuit of nationalist economic policy that steps should be taken at once to make it possible to arrive at an international economic agreement which would revive international trade. A return to free trade pure and simple would only increase unemployment.”

Ramsay MacDonald (1866–1937) British statesman; prime minister of the United Kingdom

Speech to the National Labour conference at Caxton Hall, London (28 October 1935), quoted in The Times (29 October 1935), p. 9
1930s

“In three ways unemployment would be reduced.”

Kirby Page (1890–1957) American clergyman

Property (1935)
Context: In three ways unemployment would be reduced. First... by greater equalization of purchasing power and consequent stimulus in the form of effective demand. Second, by utilizing the national credit and socialized industries for the creation of new industries and the extension of existing ones.... Social ownership and operation of the basic industries, and especially socialized banking and credit, would greatly facilitate the task of shifting the masses of unemployed into productive channels. Third, if necessary, by shortening working hours and dividing the available work among all the people.

David Irving photo

“I don't think there was any overall Reich policy to kill the Jews. If there was, they would have been killed and there would not be now so many millions of survivors. And believe me, I am glad for every survivor that there was.”

David Irving (1938) British writer and Holocaust denier

The &#x27;False News&#x27; Trial of Ernst Zündel — 1988: David Irving http://www.ihr.org/books/kulaszka/35irving.html.

Sepp Dietrich photo

“There was no Geneva Convention. But we didn't shoot Russians either. Where would we get three million prisoners if we shot all the Russians? Propaganda! You can't open your mouth, even in the biggest democracy. Do you think it's so nice to sit in prison after ten years of war for the Fatherland? If I would be God, I would do it differently!”

Sepp Dietrich (1892–1966) German SS commander

To Leon Goldensohn, February 28, 1946, from "The Nuremberg Interviews" - by Leon Goldensohn, Robert Gellately - History - 2004

“The role of expectations is not limited to monetary policy but is crucial in many areas of economics, as Bob showed in his later research on investment, unemployment, taxation, public debt management, and asset pricing. In all of these situations, the appropriate evaluation of policy takes account of the way that expectations would be rationally formed.”

Robert Barro (1944) American classical macroeconomist

Source: Nothing Is Sacred (2002), p. 29

“So I read about various aspects of vegetarianism—the scientific aspect, the humane aspect, the ethical aspect, and the economic aspect. The more I studied, the more convinced I became that it was a logical procedure, that it would help humanity, that it would lessen the suffering of the animals, and that it would help this country.”

Gordon Latto (doctor) (1911–1998)

Interview in The Vegetarians by Rynn Berry (Autumn Press, 1979), p. 123.

Thomas Sowell photo

“To the economically illiterate, if some company makes a million dollars in profit, this means that their products cost a million dollars more than they would have cost without profits. It never occurs to such people that these products might cost several million dollars more to produce if they were produced by enterprises operating without the incentives to be efficient created by the prospect of profits.”

Thomas Sowell (1930) American economist, social theorist, political philosopher and author

https://www.sun-sentinel.com/news/fl-xpm-2003-12-26-0312241220-story.html, South Florida Sun Sentinel, December 26, 2003 <br class="br">2000s

Chandra Shekhar photo

“He was strongly opposed to getting loans from international financial institutions but the crisis during his time left the country with no choice but to fully embrace World Bank and IMF and the liberalisation policies.”

Chandra Shekhar (1927–2007) Indian politician

PM Chandrashekhar - A firebrand idealist

Related topics