Quotes about economics
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“Journalism is the most Americanized of all professions, and nothing is more American than the belief that economic matters trump ideological ones. There is very little talk of ideology in coverage of any country. Western journalists here see a poor North facing off against a rich South and laugh at the notion that the former might have serious designs on the latter. They don’t seem aware of what I call the South’s state-loyalty deficit.”

Brian Reynolds Myers (1963) American professor of international studies

2010s, Interview with Isaac Chotiner (January 2018)

Loyalty, Country

“It was a hard decision (to close casinos in Macau for two weeks after a hotel worker was infected by COVID-19), but we (Government of Macau) must make it for the health of Macau residents. Macau can still withstand economic losses.”

Ho Iat Seng (1957) Chief Executive of Macau

Ho Iat Seng (2020) cited in " Coronavirus: casinos to close in Macau for at least two weeks after hotel worker infected https://www.scmp.com/news/hong-kong/health-environment/article/3048904/coronavirus-casinos-close-macau-least-two-weeks" on South China Morning Post, 4 February 2020.

Health, Making love, Decision, Loss

“Cuba had become what Washington had always feared from the Third World—a good example. Parallel to the military and economic belligerence, the United States has long maintained a relentless propaganda offensive against Cuba. A number of examples of this occurring in other countries can be found in other chapters of this book. In addition to its vast overseas journalistic empire, the CIA has maintained anti-Castro news-article factories in the United States for decades.”

William Blum (1933–2018) American author and historian

Killing Hope: US Military and CIA Interventions Since World War II, Chapter 30. Cuba 1959 to 1980s: The unforgivable revolution

Books, World, Fear, Country

“As the most powerful state, the U.S. makes its own laws, using force and conducting economic warfare at will. It also threatens sanctions against countries that do not abide by its conveniently flexible notions of "free trade."”

Noam Chomsky (1928) american linguist, philosopher and activist

In one important case, Washington has employed such threats with great effectiveness (and GATT approval) to force open Asian markets for U.S. tobacco exports and advertising, aimed primarily at the growing markets of women and children. The U.S. Agriculture Department has provided grants to tobacco firms to promote smoking overseas. Asian countries have attempted to conduct educational anti-smoking campaigns, but they are overwhelmed by the miracles of the market, reinforced by U.S. state power through the sanctions threat. Philip Morris, with an advertising and promotion budget of close to $9 billion in 1992, became China's largest advertiser. The effect of Reaganite sanction threats was to increase advertising and promotion of cigarette smoking (particularly U.S. brands) quite sharply in Japan, Taiwan, and South Korea, along with the use of these lethal substances. In South Korea, for example, the rate of growth in smoking more than tripled when markets for U.S. lethal drugs were opened in 1988. The Bush Administration extended the threats to Thailand, at exactly the same time that the "war on drugs" was declared; the media were kind enough to overlook the coincidence, even suppressing the outraged denunciations by the very conservative Surgeon-General. Oxford University epidemiologist Richard Peto estimates that among Chinese children under 20 today, 50 million will die of cigarette-related diseases, an achievement that ranks high even by 20th century standards. In Tony Evans (ed.), Human Rights Fifty Years on: A Reappraisal, 1997 https://chomsky.info/199811__/ Quotes 1990s, 1995–1999

Making love, Law, Country

“If democracy is not to excel centralised absolutism in the breeding of bureaucracies, it must be built up on an elaborately organised self-government with a corresponding economic, personal responsibility of all the units of administration as well as of the adult citizens of the state. Nothing is more injurious to its healthy development than enforced uniformity and a too abundant amount of protectionism or subventionism.”

Eduard Bernstein (1850–1932) German politician

Source: "Evolutionary Socialism" (1899) https://www.marxists.org/reference/archive/bernstein/works/1899/evsoc/index.htm, Chapter III, The Tasks and Possibilities of Social Democracy

Democracy, Personality, Self-confidence

“Dictators may torture or kill us, but they shall not succeed in demoralizing the soul of our movement, in bringing it to a state where for the sake of saving its life it is willing to renounce its ideal. Our cause will conquer in spite of everything, for in economic life as well as in politics the highest ability to accomplish and to advance things belongs to communities and organizations of free men working in free cooperation. These free communities will far outstrip every collective body, every organization that is built on compulsion and that can be maintained only by brute force; and ultimately the communities based on oppression will perish.”

Karl Kautsky (1854–1938) Czech-Austrian philosopher, journalist, and Marxist theoretician

Chap. V, The Period of Dictatorship "Hitlerism and Social Democracy" (1934) https://www.marxists.org/archive/kautsky/1934/hitler/index.htm

Life, Men, Soul, Communication

“[A] phony standard... from Medieval England... says that you are thrown out of court if you don't have a specific interest... that usually now means an economic interest... a corporation that might lose sales, for example.”

Ralph Nader (1934) American consumer rights activist and corporate critic

"American Mythology and the Loss of Democracy" (2018)

“I always thought economics wasn’t the be-all and end-all of life. Now I realise it might be the end-all.”

Shaun Chamberlin

Chamberlin's @DarkOptimism account (2018) https://twitter.com/DarkOptimism/status/1071438457606680576

Life

“The second reason I focus on capitalism is that the responses to today's economic collapse by Trump, the GOP and most Democrats carefully avoid any criticism of capitalism. They all debate the virus, China, foreigners, other politicians, but never the system they all serve. When Trump and others press people to return to churches and jobs—despite risking their and others' lives—they place reviving a collapsed capitalism ahead of public health.”

Richard D. Wolff (1942) American economist

COVID-19 and the Failures of Capitalism (2020)

People, Health

“In the light of the coronavirus pandemic, I focus criticism on capitalism and the vulnerabilities it has accumulated for several reasons. Viruses are part of nature. They have attacked human beings—sometimes dangerously—in both distant and recent history. In 1918, the Spanish Flu killed nearly 700,000 in the United States and millions elsewhere. Recent viruses include SARS, MERS and Ebola. What matters to public health is each society's preparedness: stockpiled tests, masks, ventilators, hospital beds, trained personnel, etc., to manage dangerous viruses. In the U.S., such objects are produced by private capitalist enterprises whose goal is profit. It was not profitable to produce and stockpile such products, that was not and still is not being done. Nor did the U.S. government produce or stockpile those medical products. Top U.S. government personnel privilege private capitalism; it is their primary objective to protect and strengthen. The result is that neither private capitalism nor the U.S. government performed the most basic duty of any economic system: to protect and maintain public health and safety. U.S. capitalism's response to the coronavirus pandemic continues to be what it has been since December 2019: too little, too late. It failed. It is the problem.”

Richard D. Wolff (1942) American economist

COVID-19 and the Failures of Capitalism (2020)

Health, History, Nature, Problem

“The problem of policies aimed to return the economy to what it was before the virus hit is this: Global capitalism, by 2019, was itself a major cause of the collapse in 2020. Capitalism's scars from the crashes of 2000 and 2008-2009 had not healed. Years of low interest rates had enabled corporations and governments to "solve" all their problems by borrowing limitlessly at almost zero interest rate cost. All the new money pumped into economies by central banks had indeed caused the feared inflation, but chiefly in stock markets whose prices consequently spiraled dangerously far away from underlying economic values and realities. Inequalities of income and wealth reached historic highs. In short, capitalism had built up vulnerabilities to another crash that any number of possible triggers could unleash. The trigger this time was not the dot.com meltdown of 2000 or the sub-prime meltdown of 2008/9; it was a virus. And of course, mainstream ideology requires focusing on the trigger, not the vulnerability. Thus mainstream policies aim to reestablish pre-virus capitalism. Even if they succeed, that will return us to a capitalist system whose accumulated vulnerabilities will soon again collapse from yet another trigger.”

Richard D. Wolff (1942) American economist

COVID-19 and the Failures of Capitalism (2020)

Money, Fear, Problem, Reality

“My trust towards China was both built up and broken down by Deng Xiaoping. There was hope due to his economic reforms, but the 4 June massacre killed all that.”

Szeto Wah (1931–2011) Hong Kong politician and teacher

Szeto Wah obituary https://www.theguardian.com/world/2011/jan/10/szeto-wah-obituary

Hope

“When we create an economic system based on co-operation and sharing rather than on competition and market forces, we will create a more moral economic structure. When the stock exchanges collapse, humanity will be brought face to face with its illusions about the nature of reality.”

Benjamin Creme (1922–2016) artist, author, esotericist

Maitreya's Mission Vol. III (1997)

Nature, Reality

“Without recognizing it as such, humanity is undergoing a great spiritual crisis that is focused through the political and economic field. That spiritual crisis can only be resolved by the resolution of our political and economic problems, which are based on the false sense of separation. If we would evolve, develop as a race, we must realize our oneness, realize that we are brothers and sisters of one family, under the one Divine Source, and identical with that Source. What happens in a normal family? They share whatever they have. A mother will not feed one child better than another, give one child 17 per cent and another 83 per cent of the food. We have to realize that we are one family, and therefore must share the resources of the world more equitably around the world.”

Benjamin Creme (1922–2016) artist, author, esotericist

Source: Maitreya's Mission Vol. III (1997)

World, Family, Food, Problem

“By this time, the era of cut-and-run economics ought to be finished. Such an economy cannot be rationally defended or even apologized for. The proofs of its immense folly, heartlessness, and destructiveness are everywhere. Its failure as a way of dealing with the natural world and human society can no longer be sanely denied. That this economic system persists and grows larger and stronger in spite of its evident failure has nothing to do with rationality or, for that matter, with evidence. It persists because, embodied now in multinational corporations, it has discovered a terrifying truth: If you can control a people’s economy, you don’t need to worry about its politics; its politics have become irrelevant. If you control people’s choices as to whether or not they will work, and where they will work, and what they will do, and how well they will do it, and what they will eat and wear, and the genetic makeup of their crops and animals, and what they will do for amusement, then why should you worry about freedom of speech? In a totalitarian economy, any "political liberties" that the people might retain would simply cease to matter. If, as is often the case already, nobody can be elected who is not wealthy, and if nobody can be wealthy without dependence on the corporate economy, then what is your vote worth? The citizen thus becomes an economic subject.”

Wendell Berry (1934) author

"Conserving Forest Communities"
Another Turn of the Crank (1996)

People, Truth, World, Way

“The issue here really is not whether international trade shall be free but whether or not it makes any sense for a country — or, for that matter, a region — to destroy its own capacity to produce its own food. How can a government, entrusted with the safety and health of its people, conscientiously barter away in the name of an economic idea that people’s ability to feed itself? And if people lose their ability to feed themselves, how can they be said to be free?”

Wendell Berry (1934) author

"A Bad Big Idea"
Sex, Economy, Freedom & Community (1993)

People, Health, Making love, Food

“Economic system of the US was created & designed before women had a voice in the public realm. We do have a voice now; it’s important that we use it not to fit into the system but to change the system. The main engine of our economy should be the care & nurturance of our children”

Marianne Williamson (1952) American writer

Twitter https://twitter.com/marwilliamson (2 Oct 2019) Williamson's quotes in social media

Women, Children, Change

“...a return to more thrifty and economical administration [is] the first and paramount duty of the Government.”

H. H. Asquith (1852–1928) Former Prime Minister of the United Kingdom

Budget speech https://api.parliament.uk/historic-hansard/commons/1906/apr/30/expenditure in the House of Commons (30 April 1906) Chancellor of the Exchequer

“If we continue to use industrial resources for other purposes – defence, housing, etc. thus preventing the diversion of resources to export work, the [exchange] rate will continue to fall. ... the basic idea of internal stability of prices and employment, which had dominated economic policy for so long will not be maintainable. It will not be possible to maintain stable internal prices and wages; it will not be possible to avoid unemployment. There will be a continuous process of change and readjustment and much of this will be painful.”

Rab Butler (1902–1982) British politician

Chancellor of the Exchequer
Source: Memorandum, 'External Action' (21 February 1952) advocating Operation ROBOT, quoted in Correlli Barnett, The Verdict of Peace. Britain Between Her Yesterday and the Future (London: Pan, 2002), p. 162

Pain, Idea, Change, Housing

“Maitreya will present the nations with an alternative way of living, of conducting economic and political affairs... The new government which will emerge after the stock market crash will reflect the will of the people and stand for the people.”

Benjamin Creme (1922–2016) artist, author, esotericist

Source: Maitreya's Mission Vol. II (1993), After the stock markets collapse, Chapter 4, Economic Change

People, Way

“Europe is a commercial giant and an economic power of the first rank, but it is a political dwarf. Political cooperation in the Community will grow. The question is whether the supply services will follow.”

Jacques Delors (1925) French economist and politician

Speech to the press (3 December 1980), quoted in The Times (4 December 1980), p. 5
Member of the European Parliament

Communication, Question

“History has proved us, and all who thought like us, wrong. It has made it clear that the state of economic development on the Continent at that time [1848] was not, by a long way, ripe for the removal of capitalist production.”

Friedrich Engels (1820–1895) German social scientist, author, political theorist, and philosopher

Introduction (1895) https://www.marxists.org/archive/marx/works/1850/class-struggles-france/intro.htm to Marx's The Class Struggles in France (1848-50)

Way, History, Time

“landlords... grow richer, as it were in their sleep, without working, risking, or economizing."”

John Stuart Mill book Principles of Political Economy

Book 5, Chapter 2, Section 5
Principles of Political Economy (1848-1871)

Sleep

“Economics hasn't had an Einstein because it hasn't had a Galileo yet.”

Geoffrey West (1940) British physicist

2010s Source: Ole Peters https://twitter.com/ole_b_peters/status/1213560029590278145, at Santa Fe Institute's New Complexity Economics Symposium https://wiki.santafe.edu/index.php/Annual_Applied_Complexity_Network_and_Board_of_Trustees_Symposium:_New_Complexity_Economics, Nov. 8-9, 2019.

“Whether an atom bomb is necessary or not, in this world if you want to be recognized, if you don’t want to be kicked about, you have to be powerful both militarily and economically.”

Sam Manekshaw (1914–2008) First Field marshal of the Indian Army

An Interview With The Field Marshal - Apr 03, 2016, https://swarajyamag.com/from-the-archives/an-interview-with-the-field-marshal

World

“Humanity is entirely responsible for being at the root of the problems arising from global warming. We need to rethink the way we live on earth in order to preserve life. Global warming is out of control…. Time is not on our side, which is why I am calling on all young millennials to hasten this radical revolution. You are a part of nature and compassion decrees that you take care of it as much as you do yourselves. It is only through mutual support and co-operation that you will be able to contain disasters that are fuelled by economic and social injustice and are fuelled by greed, selfishness, and other negative states of mind…. You are responsible for the wellbeing of billions of humans and all manner of living species sharing the adventure of life on earth. It is up to you to protect natural resources and guard over air, water, oceans, forests, fauna and flora. To do so it is essential that you realize your potential for love and compassion in order to care for the earth. Learn to love it through sharing it rather than striving to possess it and thereby destroying it.”

Tenzin Gyatso (1935) spiritual leader of Tibet

A Call for Revolution (2017-2018)

Love, Life, Making love, Way

“The continuation of diachrony in perceptions of life and death spreads across a form of antinatalism essentially co-opted from a kind of Western fetishism of Buddhism, namely efilism. Coming etymologically from the reverse of 'life', efilism claims it is better never to have been. Efilist philosophers such as David Benatar hinge their arguments on basic binaries of pleasure and pain which roughly correlate to good and bad and extend to a vindication of life and death. Efilism has a vague correspondence with utilitarianism but emphasizes the suffering of life over utilitarianism's greater good. Both are absolute in their perception of the capacity to evaluate which is which, making both dependent on economic measure of value as an either/or, and to an extent both on (anthropocentric) determinism. Efilism's redeeming feature is that it promotes antinatalism, and often veganism, in its aspirations to a reduction in suffering, and this attitude promises potentials for opening the world through the cessation of the human.”

Patricia MacCormack Australian Scholar

Embracing Death, pp. 152-153
The Ahuman Manifesto: Activism for the End of the Anthropocene (2020)

Life, Death, Pain, Bad luck

“We're now setting records for employment, unemployment. We're setting all sorts of records economically.”

Donald J. Trump (1946) 45th President of the United States of America

2020s, 2020, October

“And when boys are hurt, they hurt us—physically, psychologically, and economically.”

Warren Farrell (1943) author, spokesperson, expert witness, political candidate

Source: The Boy Crisis (2018), pp. 106

Boy, Hurt

“Women who have the option of being economically self-sustaining will increasingly want your son to also have emotional and relationship intelligence.”

Warren Farrell (1943) author, spokesperson, expert witness, political candidate

Source: The Boy Crisis (2018), pp. 82

Women, Intelligence, Self-confidence

“He [the British taxpayer] must be taught that war is not precise or economical. It is almost inconceivably wasteful and extravagant. It burns the house to roast the pig, and even then seldom roasts him effectively..... waste is the law of modern war; and nothing is cheap on the battlefield except the lives of men...... Therefore, my taxpayer, resign yourself to this: that we may fight bravely, fight hard, fight long, fight cunningly, fight recklessly, fight in a hundred and fifty ways, but we cannot fight cheaply.”

George Bernard Shaw (1856–1950) Irish playwright

The Daily Chronicle on the 7 March 1917 https://www.rte.ie/centuryireland/index.php/articles/george-bernard-shaw-joyriding-on-the-front. 1910s, The Technique of War (1917)

Men, War, Law, Way

“Pre-eighteenth century economics were governed, not by consumers, who determined what should be produced by what they were willing to buy in a competitive market, but by producers who enjoyed special privileges in return for the most stringent kind of state regulations. Mr. Walter Lippmann, in his book, The Good Society, points out that in the days of Louis XIV the manufacturers of France were told exactly what to produce and exactly how to produce it. Industry and agriculture were governed by codes more complicated than anything ever invented by the NRA or Mr. Wallace.”

Dorothy Thompson (1893–1961) American journalist and radio broadcaster

Dorothy Thompson’s Political Guide: A Study of American Liberalism and its Relationship to Modern Totalitarian States (1938)
Source: A Study of American Liberalism and its Relationship to Modern Totalitarian States (1938)
p. 66

Books

“The rise of liberalism was accompanied by immense technological progress; by the industrial revolution; by the division of labor which ensued, and which suddenly, and prodigiously, accelerated the efficiency of production; and by the conception of economic life governed by the market. In other words, of economic life governed by the buyer, not the seller. This was a brand-new and wholly revolutionary idea.”

Dorothy Thompson (1893–1961) American journalist and radio broadcaster

Life, Idea

“Well, the purpose of reform really is directed to the encouraging of growth and employment. I quite agree that to launch into a full scale battle on general reform for academic reasons would be unwise. The central purpose behind the reform must therefore be to encourage those changes in our tax laws which will encourage economic growth for that purpose, and not merely because it might have some longer range interest or significance. The primary job will be to encourage the flow of capital into those areas which stimulate the national growth and not diminish it. But it is going to be a tough fight, because once you spell out, as I said before, reform, it's bound to affect adversely the interests of some, while favoring the interests of others. Therefore reform may be a longer task, and we are anxious that in the effort to get reform, that we do not lose the very important matter of tax reduction for the sake of the economy.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

Law, Effort, Change, Fight

“I do not underestimate the obstacles which the Congress will face in enacting such legislation. No one will be satisfied. Everyone will have his own approach, his own bill, his own reduction. A high order of restraint and determination will be required if the possible is not to wait on the perfect. But a nation capable of marshaling these qualities in any dramatic threat to its security is surely capable, as a great free society, of meeting a slower and more complex threat to our economic vitality. This Nation can afford to reduce taxes, we can afford a temporary deficit, but we cannot afford to do nothing. For on the strength of our free economy rests the hope of all free nations. We shall not fail that hope, for free men and free nations must prosper and they must prevail.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

Men, Hope, Waiting, Perfection

“Our true choice is not between tax reduction, on the one hand, and the avoidance of large Federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenue to balance our budget just as it will never produce enough jobs or enough profits. Surely the lesson of the last decade is that budget deficits are not caused by wild-eyed spenders but by slow economic growth and periodic recessions, and any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now. The experience of a number of European countries and Japan have borne this out. This country's own experience with tax reduction in 1954 has borne this out. And the reason is that only full employment can balance the budget, and tax reduction can pave the way to that employment. The purpose of cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

Truth, Way, Country

“When I announced in April of 1961 that this kind of comprehensive tax reform would follow the bill enacted this year, I had hoped to present it in an atmosphere of a balanced budget. But it has been necessary to augment sharply our nuclear and conventional forces, to step up our efforts in space, to meet the increased cost of servicing the national debt and meeting our obligations, established by law, to veterans. These expenditure increases, let me stress, constitute practically all of the increases which have occurred under this administration, the remainder having gone to fight the recession we found in industry--mostly through the supplemental employment bill-and in agriculture. We shall, therefore, neither postpone our tax cut plans nor cut into essential national security programs. This administration is determined to protect America's security and survival and we are also determined to step up its economic growth. I think we must do both.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

Law, Hope, Thinking, Effort

“I am confident that the enactment of the right bill next year will in due course increase our gross national product by several times the amount of taxes actually cut. Profit margins will be improved and both the incentive to invest and the supply of internal funds for investment will be increased. There will be new interest in taking risks, in increasing productivity, in creating new jobs and new products for long-term economic growth. Other national problems, moreover, will be aided by full employment. It will encourage the location of new plants in areas of labor surplus and provide new jobs for workers that we are retraining and facilitate the adjustment which will be necessary under our new trade expansion bill and reduce a number of government expenditures.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

Confidence, Problem, Time, Self-confidence

“The new tax bill should improve both the equity and the simplicity of our present tax system. This means the enactment of long-needed tax reforms, a broadening of the tax base and the elimination or modification of many special tax privileges. These steps are not only needed to recover lost revenue and thus make possible a larger cut in present rates; they are also tied directly to our goal of greater growth. For the present patchwork of special provisions and preferences lightens the tax load of some only at the cost of placing a heavier burden on others. It distorts economic judgments and channels an undue amount of energy into efforts to avoid tax liabilities. It makes certain types of less productive activity more profitable than other more valuable undertakings. All this inhibits our growth and efficiency, as well as considerably complicating the work of both the taxpayer and the Internal Revenue Service. These various exclusions and concessions have been justified in part as a means of overcoming oppressively high rates in the upper brackets--and a sharp reduction in those rates, accompanied by base-broadening, loophole-closing measures, would properly make the new rates not only lower but also more widely applicable. Surely this is more equitable on both counts.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

Making love, Effort, Parting

“I am talking about the accumulated evidence of the last 5 years that our present tax system, developed as it was, in good part, during World War II to restrain growth, exerts too heavy a drag on growth in peace time; that it siphons out of the private economy too large a share of personal and business purchasing power; that it reduces the financial incentives for personal effort, investment, and risk-taking. In short, to increase demand and lift the economy, the Federal Government's most useful role is not to rush into a program of excessive increases in public expenditures, but to expand the incentives and opportunities for private expenditures. [...] While rising demand will expand imports, new investment in more efficient productive facilities will aid exports and a new economic climate could both draw capital from abroad and keep capital here at home.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

War, World, Peace, Home

“There are a number of ways by which the Federal Government can meet its responsibilities to aid economic growth. We can and must improve American education and technical training. We can and must expand civilian research and technology. One of the great bottlenecks for this country's economic growth in this decade will be the shortage of doctorates in mathematics, engineering, and physics; a serious shortage with a great demand and an under-supply of highly trained manpower. We can and must step up the development of our natural resources. But the most direct and significant kind of Federal action aiding economic growth is to make possible an increase in private consumption and investment demand--to cut the fetters which hold back private spending. In the past, this could be done in part by the increased use of credit and monetary tools, but our balance of payments situation today places limits on our use of those tools for expansion. It could also be done by increasing Federal expenditures more rapidly than necessary, but such a course would soon demoralize both the Government and our economy. If Government is to retain the confidence of the people, it must not spend more than can be justified on grounds of national need or spent with maximum efficiency.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

People, Education, Making love, Way

“But a leading nation, a nation upon which all depend not only in this country but around the world, cannot afford to be satisfied, to look back or to pause. On our strength and growth depend the strength of others, the spread of free world trade and unity, and continued confidence in our leadership and our currency. The underdeveloped countries are dependent upon us for the sale of their primary commodities and for aid to their struggling economies. In short, a prosperous and growing America is important not only to Americans--it is, as the spokesman for 20 Western nations in the Organization for Economic Cooperation and Development, as he stressed this week, of vital importance to the entire Western World.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

World, Confidence, Dependency, Self-confidence

“Military and economic assistance has been a heavy burden on our citizens for a long time, and I recognize the strong pressures against it; but this battle is far from over, it is reaching a crucial stage, and I believe we should participate in it. We cannot merely state our opposition to totalitarian advance without paying the price of helping those now under the greatest pressure.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1961, Speech to Special Joint Session of Congress

Strong, Time, Help

“The coming stock market crash will inevitably cause much unemployment. This will lead to a complete change of government priorities: the supplying of adequate food, shelter, health-care and education will become paramount responsibilities of all forward looking nations. The waste of resources as today, in armaments and competitive practices, will cease. A rational and sustainable economic structure based on sufficiency will become the norm. Leisure will be the natural by-product of such a structure. p.156”

Benjamin Creme (1922–2016) artist, author, esotericist

Source: Maitreya's Mission Vol. II (1993), After the stock markets collapse

Health, Education, Food, Nature

“The main burden of local defense against local attack, subversion, insurrection or guerrilla warfare must of necessity rest with local forces. Where these forces have the necessary will and capacity to cope with such threats, our intervention is rarely necessary or helpful. Where the will is present and only capacity is lacking, our Military Assistance Program can be of help. But this program, like economic assistance, needs a new emphasis. It cannot be extended without regard to the social, political and military reforms essential to internal respect and stability. The equipment and training provided must be tailored to legitimate local needs and to our own foreign and military policies, not to our supply of military stocks or a local leader's desire for military display. And military assistance can, in addition to its military purposes, make a contribution to economic progress, as do our own Army Engineers.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1961, Speech to Special Joint Session of Congress

Making love, Help, Training

“I first joined the Labour party in Liverpool because of what I saw of the poverty, the unemployment, and the endless infamies committed on the inhabitants of the back-streets of that city. I am horrified that the threat of unemployment and economic misery is now being deployed against the same kind of people once again.”

Michael Foot (1913–2010) British politician

Source: Press conference after his election as Labour leader (10 November 1980), quoted in Simon Hoggart and David Leigh, Michael Foot: A Portrait (1981), p. 57 and The Guardian (11 November 1980), p. 1

People

“Late-capitalist retranslation of difference allows hierarchical and material differences in power between people to be erased from consciousness, even when these same economic and social privileges are bolstered.”

Chela Sandoval (1956) Chicana and post-colonial feminist and theoretician

Source: Methodology of the Oppressed (2000), p. 74

People

“Race and racism is probably the most studied social, economic and political phenomenon in this country, but it's also the least understood. The reality is that race in the United States operates on a spectrum from black to white. Doesn't mean that people who are in between don't experience racism, but it means that the closer you are to white on that spectrum, the better off you are. And the closer to black that you are on that spectrum the worse off your are.”

Alicia Garza (1981) Co-founder of the Black Lives Matter International movement

An Interview with the Founders of Black Lives Matter, Ted Talks, https://www.ted.com/talks/alicia_garza_patrisse_cullors_and_opal_tometi_an_interview_with_the_founders_of_black_lives_matter?language=en (October 2016)

People, Reality, Study, Country

“I will work in the U.S. Senate to support a robust public health response so that we can defeat this virus, putting Georgia’s own Centers for Disease Control and Prevention in the lead, trusting medical expertise, doctors, and scientists to bring the tools to bear, the technology to bear, the ingenuity to bear, and the resources to bear necessary to stop the spread of this virus to defeat it and to get our daily lives back — and to rush direct economic relief to people who need help right now.”

Jon Ossoff (1987) American politician

Quoted in The Atlanta Journal-Constitution, The Jolt: Raphael Warnock exults, Jon Ossoff claims victory, and Republicans wonder what happened, (6 January 2021)

People, Health, Disease, Support

“But one no longer wonders when one realizes that in the higher classes there is an unerring instinct of what tends to maintain and of what tends to destroy the organization by virtue of which they enjoy their privileges. The fashionable lady had certainly not reasoned out that if there were no capitalists and no army to defend them, her husband would have no fortune, and she could not have her entertainments and her ball-dresses. And the artist certainly does not argue that he needs the capitalists and the troops to defend them, so that they may buy his pictures. But instinct, replacing reason in this instance, guides them unerringly. And it is precisely this instinct which leads all men, with few exceptions, to support all the religious, political, and economic institutions which are to their advantage.”

Leo Tolstoy The Kingdom of God Is Within You

Source: The Kingdom of God is Within You (1894), Chapter XII, Conclusion—Repent Ye, for the Kingdom of Heaven is at Hand

Men, Fashion, Support

“And this is the only explanation of the dreadful intensity with which men of modern times strive to stupefy themselves, with spirits, tobacco, opium, cards, reading newspapers, traveling, and all kinds of spectacles and amusements. These pursuits are followed up as an important, serious business. And indeed they are a serious business. If there were no external means of dulling their sensibilities, half of mankind would shoot themselves without delay, for to live in opposition to one's reason is the most intolerable condition. And that is the condition of all men of the present day. All men of the modern world exist in a state of continual and flagrant antagonism between their conscience and their way of life. This antagonism is apparent in economic as well as political life. But most striking of all is the contradiction between the Christian law of the brotherhood of men existing in the conscience and the necessity under which all men are placed by compulsory military service of being prepared for hatred and murder—of being at the same time a Christian and a gladiator.”

Leo Tolstoy The Kingdom of God Is Within You

Source: The Kingdom of God is Within You (1894), Chapter V, Contradiction Between our Life and our Christian Conscience

Life, Men, World, Law

“But how is it you know all this about how large the ocean is? I thought you girls were limited to pretty chatter and the economics of housekeeping. I didn’t know you learned geography.”

Sheri S. Tepper (1929–2016) American fiction writer

“We don’t,” she said, somewhat shamefaced. “But we learned to read, and once one can read, one can learn anything.”
Source: Singer from the Sea (1999), Chapter 17, “Merdune Lagoon” (p. 272)

Girl, Learning

“Cotton is to-day by far the most important textile used by mankind, and wool is next. And we may expect that this sartorial reform, already so far advanced, will go on, and that the more enlightened generations of the future, for both moral and economic reasons, will clothe themselves entirely in fabrics of bloodless origin.”

J. Howard Moore (1862–1916)

Source: The New Ethics (1907), The Cost of a Skin, p. 74

Future, Clothes

“Anyone who is of a thoughtful, philisophical cast of mind will occasionaly be struck by the appearance of certain organizing principles of history. The forms these principles seem to take inevitably depends upon one's specific obsession. For a mornachist, history is a struggle of classes of economic civil war. An agriculturalist sees the dynamic of populations, land, and availability of food; a philosopher might speak of the will to power or the will to sythesis; a theologian of the will of God.”

Matthew Stover book Blade of Tyshalle

(II.2) Del Rey, p. 100
Blade of Tyshalle (2001)

God, War, Food, History

“People, in general, are unaware of the danger they are in, that with no way to personally go into space, no need for their labor in the face of robotic artificial intelligence, and no way to gain an ownership share in the industry, they will be left behind both economically and politically, unless steps are taken during the startup period.”

Sheyene Gerardi Venezuelan actor and model

[NASA CLASS Announces Collaboration With Actress Sheyene Gerardi, http://www.aero-news.net/index.cfm?do=main.textpost&id=38c46884-5abc-491a-89aa-c9bb0b71195c]

People, Way, Intelligence, Personality

“It is the universal hope of rising in the social scale which is the key to much of the superiority that is visible in this country. It accounts for the orderly self-respect which is the great characteristic of the masses in the United States. ... All this tends to the argument that the political condition of a people is very much dependent on its economical fate.”

Richard Cobden (1804–1865) English manufacturer and Radical and Liberal statesman

Letter to John Bright during his visit to the United States (1858), quoted in John Morley, The Life of Richard Cobden [1879] (1905), p. 688
1850s

Fate, People, Hope, Universe

“Revenge is the philosophy of dictators and mob bosses... used to keep others in line with threats of economic ruin, violence, or worse.”

David Cay Johnston (1948) Investigative journalist and author

It's Even Worse Than You Think (2018)

Revenge

“America has been transformed from a land of growing economic plenty into a hollow shell.”

David Cay Johnston (1948) Investigative journalist and author

The Fine Print (2013)

“In a nutshell, poor education, a poor culture (one that impedes people from operating effectively together), poor infrastructure, and too much debt cause bad economic results. The best results come when there is more rather than less of: a) equal opportunity in education and in work, b) good family or family-like upbringing through the high school years, c) civilized behavior within a system that most people believe is fair, and d) free and well-regulated markets for goods, services, labor, and capital that provide incentives, savings, and financing opportunities to most people.”

Ray Dalio (1949) American businessman

[Economic Principles – Why and How Capitalism Needs to be Reformed, April 5, 2019, lejourdapres.parlement-ouvert.fr, https://lejourdapres.parlement-ouvert.fr/uploads/decidim/attachment/file/308/Economic_Principles_-_Why_and_How_Capitalism_Needs_To_Be_Reformed.pdf] (quote from p. 5 of 42)

Bad luck, People, Education, School

“Political friendships are political business transactions and in political, as in economic life, business transactions are most easily and reliably concluded between strong parties The weakling always goes to the wall. A people that lacks a genuine sacrificial spirit or believes that it is not rich enough to keep its armaments in order thereby only betrays that it is played out. I beg you to bear one idea in mind through every difficulty. If anyone should threaten our homestead, we must be ready to the last man.”

Theobald von Bethmann-Hollweg (1856–1921) German chancellor during World War I

Speech to the Reichstag introducing the Military Bill (April 1913), quoted in W. M. Knight-Patterson, Germany from Defeat to Conquest, 1913–1933 (1945), p. 28

Life, Friendship, People, Idea

“There is nothing sacred about the existing system. All economic and political institutions are contrivances that should serve the interests of the people. When they fail to do so, they should be replaced by something more responsive, more just, and more democratic. Marx said this, and so did Jefferson. It is a revolutionary doctrine, and very much an American one.”

Michael Parenti (1933) American academic

Source: Democracy for the Few (2010 [1974]), sixth edition, Chapter 17, p. 335

People

“Free Trade in the sense in which we have always understood it is either a sound economic policy or it is not. Judging by results in national prosperity I should have thought it would take a lot of disproving, but the Tories are ready to play fast and lose with it and some of our own people who ought to know far better seem ready to back them up. If there is any future for the Liberal party it surely rests on the rock of Free Trade.”

C. P. Scott (1846–1932) British journalist, publisher and politician

Letter to John Lawrence Hammond (22 December 1931), quoted in The Political Diaries of C. P. Scott, 1911–1928, ed. Trevor Wilson (1970), p. 495

People, Sense, Future

“There was something fundamentally wrong with our economic system. It was based upon injustice and could not last.”

David Lloyd George (1863–1945) Former Prime Minister of the United Kingdom

Leader of the Liberal Party in the House of Commons
Source: Speech to the Welsh National Liberal Federation in Rhyl (9 July 1926), quoted in The Times (10 July 1926), p. 16

“We stand for the maintenance of private property... We shall protect free enterprise as the most expedient, or rather the sole possible economic order.”

Adolf Hitler (1889–1945) Führer and Reich Chancellor of Germany, Leader of the Nazi Party

Quoted in Der Fuehrer, Hitler's Rise to Power https://www.google.it/books/edition/Der_Fuehrer/_lUTAQAAMAAJ?hl=it&gbpv=1&bsq=%22We+stand+for+the+maintenance+of+private+property...+We+shall+protect+free+enterprise+as+the+most+expedient,+or+rather+the+sole+possible+economic+order.%22&dq=%22We+stand+for+the+maintenance+of+private+property...+We+shall+protect+free+enterprise+as+the+most+expedient,+or+rather+the+sole+possible+economic+order.%22&printsec=frontcover, by Konrad Heiden. Statement of the 1920. 1920s

“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.”

Murray N. Rothbard (1926–1995) American economist of the Austrian School, libertarian political theorist, and historian

But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance. The Death Wish of the Anarcho-Communists (1970) http://www.lewrockwell.com/rothbard/rothbard122.html.

People, Science

“It is all too easy to forget that there are emotional motivations in history, as well as economic ones.”

Isaac Asimov (1920–1992) American writer and professor of biochemistry at Boston University, known for his works of science fiction …

The Shaping of England (1969), p. 15
General sources

History, Motivation, Forgetting

“The history of economic growth is the history of people making more with less and shifting into new jobs that were unheard of in the previous generation.”

David R. Henderson (1950) American economist

“The Case for a Dynamic Economy,” Hoover Daily Report (Sept. 22, 2003)

People, History

“For the young people now, the going to the concert or the going to follow some big stars - unfortunately, now, you know, they don't want message anymore. They want be a part of economic developing. They don't care about message now.”

Cui Jian (1961) Chinese rock musician of Korean descent

Interview with CNN (2012)

People, Star, Parting

“The Long Emergency is going to be a tremendous trauma for the human race. It is likely to entail political turbulence every bit as extreme as the economic conditions that prompt it.”

James Howard Kunstler book The Long Emergency

Source: The Long Emergency (2005), Chapter 1, p. 20.

“Weapons are an important factor in war, but not the decisive factor; it is people, not things that are decisive. The contest of strength is not only a contest of military and economic power, but also a contest of human power and morale. People necessarily wield military and economic power.”

Mao Zedong (1893–1976) Chairman of the Central Committee of the Communist Party of China

1930s, On Protracted Warfare (1938)

War, People, Decision

“I have extensive management experience in crisis situations, accumulated experience, and knowledge in the security and defense system. I have experience in overcoming the economic crisis. The current dangers and the accumulated experience and knowledge practically coincide”

Robert Kocharyan (1954) second President of Armenia

Excerpts from 2021 keynote speech on formation of 'Armenia' alliance

Knowledge

“Bizarrely, as immigration began to change Europe at its economic and cultural core, the political vocabulary remained the same as when immigration had been a fringe phenomenon. People kept talking about restaurants.”

Christopher Caldwell (1962) American political writer

Reflections on the Revolution in Europe (2009)

People, Change

“It is arguable that a closer contact between ethics and economics can be beneficial not only to economics but even to ethics. Many ethical problems have what we have been calling 'engineering' aspects, and some of them do, in fact, involve economic relations.”

Amartya Sen (1933) Indian economist

Chap. 3 : Freedom and Consequences
1990s, On Ethics and Economics (1991)

Problem

“The impoverishment of economics related to its distancing from ethics affects both welfare economics (narrowing its reach and relevance) and predictive economics”

Amartya Sen (1933) Indian economist

weakening its behavioural foundations
Chap. 2 : Economic Judgements and Moral Philosophy
1990s, On Ethics and Economics (1991)

“We reject a political philosophy asserting that economic reforms can be launched over and against society, above people's heads - one that pushes democratic change aside.”

Tadeusz Mazowiecki (1927–2013) Polish politician and prime minister

"Inaugural address of Premier Tadeusz Mazowiecki" https://polishfreedom.pl/en/document/statement-inaugural-address-of-the-prime-minister-tadeusz-mazowiecki-delivered-at-the-seym-session-on-12th-september-1989 (12 September 1989)

People, Change

“I do not mean to deny the biologic, physiologic, or psychologic factors in creating crime; but there is hardly an advanced criminologist who will not concede that the social and economic influences are the most relentless, the most poisonous germs of crime.”

Emma Goldman book Anarchism and Other Essays

Anarchism and Other Essays (1910), Prisons: A Social Crime and Failure

“The people strongly demand an end to the authoritarian system. It has become a stark reality that an authoritarian system can no longer maintain national unity, achieve economic development and preserve national security.”

Roh Tae-woo (1932–2021) Army general and President of South Korea

"Man In The News; A Traveler From Seoul: Roh Tae Woo" in The New York Times https://www.nytimes.com/1987/09/15/world/man-in-the-news-a-traveler-from-seoul-roh-tae-woo.html (15 September 1987)

People, Reality

“The right to adequate protection from the economic fears of old age, sickness, accident, and unemployment;”

Franklin D. Roosevelt (1882–1945) 32nd President of the United States

1940s, State of the Union Address — Second Bill of Rights (1944)

Age, Fear

“We cannot continue indefinitely to impair the social and economic — as well as the mental health and physiological health of the broader population — for potentially a year for an influenza that does not generally threaten life apart from the elderly and the immunocompromised.”

Jason Kenney (1968) Canadian politician and 18th Premier of Alberta

On the COVID-19 pandemic in Alberta https://globalnews.ca/news/7000260/alberta-premier-jason-kenney-covid-19-speech-trumpian/ (28 May 2020) 2020s

Life, Health

“Political Economy or Economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing.”

Alfred Marshall book Principles of Economics

Bk I, Ch. I, Introduction
Principles of Economics, (1890)

Life, Business, Study, Parting

“How can I accept a doctrine which sets up as its bible, above and beyond criticism, an obsolete economic textbook which I know to be not only scientifically erroneous but without interest or application for the modern world?”

John Maynard Keynes (1883–1946) British economist

Source: Laissez-faire and Communism (1926), pp. 99

World

“We persist in regarding ourselves as a great power, capable of everything and only temporarily handicapped by economic difficulties. We are not a great power and never will be again. We are a great nation, but if we continue to behave like a great power we shall soon cease to be a great nation.”

Henry Tizard (1885–1959) British chemist

Memo written as Chief Scientific Adviser to the UK Ministry of Defence https://www.theguardian.com/politics/2020/feb/01/britain-retrenched-island-europe-papers-react-to-brexit-day (1949)

“The point I wish to emphasize is not an economic one, but a human one: if you try to say too many things, you don’t say anything at all.”

Greg McKeown (author) book Essentialism: The Disciplined Pursuit of Less

Popular Quotes, Essentialism: The Disciplined Pursuit of Less, Journal Articles

“We need a paradigm shift from a male-dominated economic mantra to an inclusive and transformational nation- building approach that can be enshrined in our people-driven constitution”

Thokozani Khuphe (1963) Deputy Prime Minister of Zimbabwe

Source: Zimbabwe: Recognise Women's Role - Khupe http://www.peacewomen.org/content/zimbabwe-recognise-womens-role-khupe

People

“The economic stress [struggle] among […] all nations, […] will be considerable and is certain to lead to increasingly desperate competition for diminishing supplies of oil and every other resource.”

James Howard Kunstler book The Long Emergency

Source: The Long Emergency (2005), Chapter 3, p. 68.

“Freedom that socialism economic violates incentive, destroys, muffles innovation and entrepreneurship, and innovation undermines meritocracy.”

Paul D. Miller (academic) American academic

Why Socialism Is Bad (2018)

Freedom

“[W]hen people talk about climate, I think jobs. Within our climate response lies an extraordinary engine of job creation and economic opportunity ready to be fired up.”

Joe Biden (1942) 47th Vice President of the United States (in office from 2009 to 2017)

2021, April 2021 Source: 22 April 2021 https://www.whitehouse.gov/briefing-room/speeches-remarks/2021/04/22/remarks-by-president-biden-at-the-virtual-leaders-summit-on-climate-opening-session/

People, Thinking

“Our communities must face daily not a few difficulties of an economic order; above all, however, they must be able to react to an inferiority complex in the face of an oppressive Muslim majority, which makes them feel oppressed and can make them think that they are the "infidels."”

Martin Kmetec (1956) Slovenian Catholic archbishop

Source: Benedict XVI's Visit to Turkey: the Context https://www.catholic.org/featured/headline.php?ID=3827 (November 2006)

Feeling, Communication, Thinking

“At the present time the issue is the self-interest of several immense nation-groups. The result is much as it would be if the four quarters of a person’s body were arrayed against each other, and the circulation impeded between them. Economical chaos and frustration is the result, on a world scale.”

Vera Stanley Alder (1898–1984) British artist

Source: Humanity Comes of Age, A study of Individual and World Fulfillment (1950), Introduction p. I - XII

World, Time, Personality

“In terms of economic achievements we still need better results - still unemployment and poverty is a main concern for the government of Mongolia, so we have to focus now more on economic development issues.”

Nambaryn Enkhbayar (1958) Mongolian politician, Leader of Mongolian People's Revolutionary Party

Source: "Mongolia, US Sign Developmental Aid Agreement" in Voice of America https://www.voanews.com/a/a-13-2007-10-23-voa2/405655.html (1 November 2009)

“We are sleepwalking into a mass extinction event - the sixth in our planet's history, and the first to be caused by human economic activity. The rate of extinction is now 1,000 times faster than before the Industrial Revolution.”

Jason Hickel (1982) author

Source: Less is More: How Degrowth Will Save the World (2021), Welcome to the Anthropocene, p. 8

History, Time

“The steps taken today serve to preserve the basic features of socialist renewal. All the reforms will be continued in an atmosphere of order, businesslike discussion and discipline, also economic reform.”

Wojciech Jaruzelski (1923–2014) Polish military officer and politician

Source: Excerpts of Martial law speech (14 December 1981)

“Bullies — political bullies, economic bullies, and religious bullies — cannot be appeased; they have to be opposed with courage, clarity, and conviction. This is never easy. These Fanaticism|true believers don't fight fair. Robert's Rules of Order is not one of their holy texts.”

Bill Moyers (1934) American journalist

"The Sport of God https://www.commondreams.org/views/2005/09/09/911-and-sport-god", speech accepting the Union Medal of the Union Theological Seminary (7 September 2005), as quoted Moyers on Democracy (2008), p. 375

Courage, Fight

“The notion of a prison industrial complex insists on understandings of the punishment process that take into account economic and political structures and ideologies, rather than focusing myopically on the individual criminal conduct and efforts to "curb crime."”

Angela Davis Are Prisons Obsolete?

Source: Are Prisons Obsolete? (2003), Chapter Five

Understanding, Effort

“The proper function of government does not include government's intrusion into economic activities;..it should.”

Leonard E. Read (1898–1983) American academic

“It is not enough for the economist in a free society to be a good economic craftsman; he must also think and act as a citizen.”

Peter F. Drucker (1909–2005) American business consultant

Source: 1930s- 1950s, An Economist Looks At the Peace (1945)

Thinking

“I would like you to warn that the economic situation in Ukraine is going to degenerate, and those who usurp the power are going to shift the blame for this economic crisis on my shoulders, and perhaps even on Russia.”

Viktor Yanukovych (1950) Ukrainian politician who was the President of Ukraine

Source: "Transcript: Ukraine’s Viktor Yanukovych on the situation in his country" in The Washington Post https://webcache.googleusercontent.com/search?q=cache:DGoGVKRGNYMJ:https://www.washingtonpost.com/world/transcript-ukraines-viktor-yanukovych-on-the-situation-in-his-country/2014/03/11/ffb8fefe-a942-11e3-8599-ce7295b6851c_story.html+&cd=3&hl=en&ct=clnk&gl=us (11 March 2014)

“We know that threats and sanctions from the enemy have brought difficulties to the management of the country, but there are also considerable sacred, popular, economic and international capabilities that can help us overcome these challenges.”

Ebrahim Raisi (1960) Iranian president

Source: 5 August 2021, Speech after oath taking ceremony in Tehran https://www.tehrantimes.com/news/463741/Raisi-officially-takes-oath-of-office-as-Iran-s-president

Help, Country

“We are putting all our weapons on the table to show that we (Germany) are strong enough to overcome any economic challenge that this (COVID-19) problem might pose.”

Olaf Scholz (1958) German politician, federal minister of finance and vice chancellor

Source: Olaf Scholz cited in: " Olaf Scholz: Who is Germany's new chancellor? https://www.bbc.com/news/world-europe-53735728" in BBC News, 8 December 2021.

Problem, Strong

“It is important that we all complete our vaccinations and give ourselves boosters to sustain this (COVID-19) epidemiological situation and continue to grow (economically). Don't hesitate, get vaccinated.”

Alberto Fernández (1959) President of Argentina

Source: Alberto Fernández (2021) cited in: " President Alberto Fernández given third dose of Sputnik V vaccine https://www.batimes.com.ar/news/argentina/president-alberto-fernandez-given-third-dose-of-sputnik-v-vaccine.phtml" in Buenos Aires Times, 6 December 2021.

Quotes about economics page 32

Quotes about economics
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