Quotes about economics
page 4

“An ethic to supplement and guide the economic relation to land presupposes the existence of some mental image of land as a biotic mechanism.”

Aldo Leopold book A Sand County Almanac

Source: A Sand County Almanac, 1949, "The Land Ethic", p. 214.

“All media work us over completely. They are so pervasive in their personal, political, economic, aesthetic, psychological, moral, ethical, and social consequences that they leave no part of us untouched, unaffected, unaltered. The medium is the message. Any understanding of social and cultural change is impossible without a knowledge of the way media work as environments. All media are extensions of some human faculty – psychic or physical.”

Marshall McLuhan (1911–1980) Canadian educator, philosopher, and scholar-- a professor of English literature, a literary critic, and a …

Source: 1960s, The Medium is the Message (1967), p. 26
Source: The Medium is the Massage

Way, Understanding, Knowledge, Change

“Seeds have the power to preserve species, to enhance cultural as well as genetic diversity, to counter economic monopoly and to check the advance of conformity on all its many fronts.”

Michael Pollan (1955) American author, journalist, activist, and professor of journalism

Source: Second Nature: A Gardener's Education

“An economic system which can only expand or expire must be false to all that is human.”

Edward Abbey book Desert Solitaire

Source: Desert Solitaire

Falseness

“We cannot simultaneously pursue democracy, national determination and economic globalisation.”

Edward Luce (1968) journalist

The Retreat of Western Liberalism

Democracy

“he who will not economize will have to agonize”

Confucius (-551–-479 BC) Chinese teacher, editor, politician, and philosopher

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.”

Ernest Hemingway (1899–1961) American author and journalist

Notes on the Next War (1935)

War

“All power is the same. Magic. Physical strength. Economic strength. Political strength. It all serves a single purpose-it gives its possessor a broader spectrum of choices. It creates alternative courses of action.”

Jim Butcher Proven Guilty

Source: Proven Guilty

“Any serious social, political, and economic change must include veganism.”

Gary L. Francione (1954) American legal scholar

Change

“Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.”

Milton Friedman book Free to Choose

Source: Free to Choose (1980), Ch. 1 "The Power of the Market", page 13
Context: The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

“The promoters of the global economy… see nothing odd or difficult about unlimited economic growth or unlimited consumption in a limited world.”

Wendell Berry (1934) author

Source: Another Turn of the Crank

World

“Justification for infidelity and dishonesty in all their manifestations lies in the marginal cost economics of “just this once.”

Clayton M. Christensen (1952–2020) Mormon academic

“People often ask me where I stand politically. It's not that I disagree with Bush's economic policy or his foreign policy, it's that I believe he was a child of Satan sent here to destroy the planet Earth. Little to the left.”

Bill Hicks (1961–1994) American comedian

Shock and Awe (2003)

People

“The fall of one regime does not bring in a utopia. Rather, it opens the way for hard work and long efforts to build more just social, economic, and political relationships and the eradication of other forms of injustices and oppression.”

Gene Sharp book From Dictatorship to Democracy

Source: From Dictatorship to Democracy

Way, Effort

“All rational action is economic. All economic activity is rational action. All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.”

Ludwig von Mises book Socialism

Part II : The Economics of a Socialist Community, § I : The Economics of an Isolated Socialist Community, Ch. 5 : The Nature of Economic Activity, p. 97 http://www.econlib.org/library/Mises/msS3.html#Part%20II,Ch.5 Socialism (1922) Source: Socialism: An Economic and Sociological Analysis

“The only function of economic forecasting is to make astrology look respectable.”

John Kenneth Galbraith (1908–2006) American economist and diplomat

Though often attributed to Galbraith, as early as 1988 in U.S. News & World Report, the earliest publications of this statement, in The Bulletin (1984) and Reader's Digest (1985) attributes it to Ezra Solomon.
Misattributed

“It's no accident that the countries that have enjoyed an economic take off have been those that educated girls and then gave them the autonomy to move to the cities to find work”

Sheryl WuDunn book Half the Sky: Turning Oppression into Opportunity for Women Worldwide

Source: Half the Sky: Turning Oppression into Opportunity for Women Worldwide

Education, Girl, Country

“The entire point of life is to find ways to get others to do your work for you. Don’t you know anything about basic economics?”

Brandon Sanderson (1975) American fantasy writer

Life, Way

“Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rich as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.”

Ha-Joon Chang book 23 Things They Don't Tell You About Capitalism

Source: 23 Things They Don't Tell You About Capitalism

Way

“If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to "trickle down" economics).”

John Kenneth Galbraith (1908–2006) American economist and diplomat

"Recession Economics," New York Review of Books, Volume 29, Number 1 (4 February 1982)
Context: Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy— what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.

Horse

“If you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That's literally true.”

Milton Friedman (1912–2006) American economist, statistician, and writer

One role of prohibition is in making the drug market more lucrative.
America's Drug Forum interview (1991)

War

“Even if work were not an economic necessity, it is a spiritual necessity.”

Neal A. Maxwell (1926–2004) Mormon leader

“Destroying rainforest for economic gain is like burning a Renaissance painting to cook a meal.”

Edward O. Wilson (1929) American biologist

Painting, Cooking

“My tendency to make up stories and lie compulsively for the sake of my own amusement takes up a good portion of my day and provides me with a peace of mind not easily attainable in this economic climate.”

Chelsea Handler book Chelsea Chelsea Bang Bang

Source: Chelsea Chelsea Bang Bang

Lie, Peace

“For God's sake, be economical with your lamps and candles! not a gallon you burn, but at least one drop of man's blood was spilled for it.”

Herman Melville (1818–1891) American novelist, short story writer, essayist, and poet

Source: Moby-Dick or, The Whale

God

“Look at what Bush has done. The economy took an incredible hit after September 11. That was a huge shock to the economy. And we've recovered a lot quicker than we thought, thanks to Bush and his economic policy.”

Christine O'Donnell (1969) American Tea Party politician and former Republican Party candidate

Donahue
2002-11-22
TV appearances

“The more clearly we express it that the whole weight of our future victories will lie on our enemies, the more, in my opinion, will it tend to shorten the war. We have covered a considerable distance towards peace. The Entente no longer has any possibility of beating us economically. Do they think they can beat us militarily, now that our position in the West has become better that it ever was? If the statesmen of the Entente wanted understanding, they ought to have taken advantage of the situation now, when the Reich Chancellor has offered them the hand of understanding. They are playing a wanton game with their misguided peoples. Let the example of Russia be a warning to them. Russia, which offered us the hand of understanding, could have obtained a good peace of understanding if she had not risked this peace through the arrogance of Trotsky. May this struggle bring us victory, but may it also bring the benefits of this victory for Germany's future.”

Gustav Stresemann (1878–1929) German politician, statesman, and Nobel Peace Prize laureate

1910s, Speech in the Reichstag, 18 March 1918

War, People, Lie, Peace

“(…) Gandhi also distanced himself from classical economic theory. Adam Smith’s assertion that it is in the nature of each individual to pursue his or her own self-interest in the marketplace and that “it is his own advantage, indeed, and not that of the society, which he has in view,” was anathema to Gandhi.54 He believed in a virtuous economy in which the community’s interest superseded individual self-interest and argued that anything less depreciates the happiness of the human race.”

Jeremy Rifkin (1945) American economist

The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism (2014)

Happiness, Communication, Nature

“To me it is enormously striking what political stability means for economic development when you look at the Chinese example.”

Göran Persson (1949) Swedish politician, Swedish Social Democratic Party, thirty-second Prime minister of Sweden

Said to reporters during a state visit to the People's Republic of China (November 4, 1996). http://www.sr.se/cgi-bin/spelare/createRam.asp?namn=/p3/nyhetsverktyg/0328persson_kina_2003-03-31_140354.rm

“The century of revolution in the United States after the Civil War was economic, not political, freeing households from an unremitting daily grind of painful manual labor, household drudgery, darkness, isolation, and early death. Only one hundred years later, daily life had changed beyond recognition. Manual outdoor jobs were replaced by work in air-conditioned environments, housework was increasingly performed by electric appliances, darkness was replaced by light, and isolation was replaced not just by travel, but also by color television images bringing the world into the living room. Most important, a newborn infant could expect to live not to age forty-five, but to age seventy-two. The economic revolution of 1870 to 1970 was unique in human history, unrepeatable because so many of its achievements could happen only once.”

Robert J. Gordon (1940) American economist

Source: The Rise and Fall of American Growth, 2016, p. 1 ; Lead paragraph

Life, Death, Pain, War

“Millennials who supported Bernie Sanders almost certainly don’t care about the weedy specifics of his health-care plans. They do not want to live in a country with an economic system that could never have produced the iPhone or the Internet. What they want is a greater sense of social solidarity.”

Jonah Goldberg (1969) American political writer and pundit

2010s, 2018, Socialism is So Hot Right Now (2018)

Health, Support, Sense, Country

“We feel we need a Capital Market Union, Energy Union, Economic and Monetary Union but we also think we need security union”

Jean-Claude Juncker (1954) Luxembourgian politician

After the 2016 Brussels bombings. http://www.politico.eu/article/jean-claude-juncker-eu-needs-a-security-union-brussels-attacks/ (23 March, 2016) 2016

Feeling, Thinking

“Economic principles underlie the overall structure of the software lifecycle, and its primary refinements of prototyping, incremental development, and advancemanship. The primary economic driver of the life-cycle structure is the significantly increasing cost of making a software change or fixing a software problem, as a function of the phase in which the change or fix is made.”

Barry Boehm (1935) American software engineer

Source: Software engineering economics. (1984), p. 4

Life, Problem, Change

“My aim is freedom and voluntary relations in all fields. The market economy is the result of this in the economic realm; in the cultural realm it means freedom of expression; in politics, democracy and the rule of law; in social life, the right to live according to one's own values and to choose one's company.”

Johan Norberg book In Defense of Global Capitalism

In Defense of Global Capitalism

Life, Law, Democracy, Freedom

“The difficulty in defining a field for the so-called institutional economics is the uncertainty of meaning of an institution. Sometimes an institution seems to mean a framework of laws or natural rights within which individuals act like inmates. Sometimes it seems to mean the behavior of the inmates themselves. Sometimes anything additional to or critical of the classical or hedonic economics is deemed to be institutional. Sometimes anything that is "economic behavior" is institutional. Sometimes anything that is "dynamic" instead of "static," or a "process" instead of commodities, or activity instead of feelings, or mass action instead of individual action, or management instead of equilibrium, or control instead of laissez faire, seems to be institutional economics.”

John R. Commons (1862–1945) United States institutional economist and labor historian

Source: "Institutional Economics," 1931, p. 648

Law, Behavior, Feeling, Nature

“LaStampa has always been a free newspaper because of its economical sustainability, and we're proud of it. It's the only way for a newspaper to be independent.”

John Elkann (1976) Italian businessman

The future of newspaper https://www.youtube.com/watch?v=xyiowqNu23s, LaStampa, 21-06-17

Way

“[Conservatism:] Our revolutionary message … is that a self-disciplined people can create a political community in which an ordered liberty will promote both economic prosperity and political participation.”

Irving Kristol (1920–2009) American columnist, journalist, and writer

Source: Essay in American Spectator Magazine (1977).

People, Communication

“First of all, no one knows his place in society, his class position or social status; nor does he know his fortune in the distribution of natural assets and abilities, his intelligence and strength, and the like. Nor, again, does anyone know his conception of the good, the particulars of his rational plan of life, or even the special features of psychology such as his aversion to risk or liability to optimism or pessimism. More than this, I assume that the parties do not know the particular circumstances of their own society. That is, they do not know its particular economic or political situation, or the level of civilization and culture it has been able to achieve. The persons in the original position have no information as to which generation they belong.”

John Rawls book A Theory of Justice

Source: A Theory of Justice (1971; 1975; 1999), p. 117

Life, Intelligence, Optimism, Nature

“Our rockets can find Halley's comet, and fly to Venus with amazing accuracy, but side by side with these scientific and technical triumphs is an obvious lack of efficiency in using scientific achievements for economic needs, and many Soviet household appliances are of poor quality.”

Mikhail Gorbachev (1931) General Secretary of the Communist Party of the Soviet Union

Perestroika: New Thinking For Our Country and the World (1987)
As quoted in TIME magazine (4 January 1988)
1980s
Variant: Soviet rockets can find Halley's comet and fly to Venus with amazing accuracy, but . . . many household appliances are of poor quality.

Flying

“What is actually happening now is that monoploy capitalism needs the state to disempower ordinary people's institutions and lives. What we are actually developing in modern Europe is a post-democratic society. We are creating an oligarchical elite structure where moneyed elites, the elites of industry cohabit with political elites and they move into each other's regimes and spaces. So we have now produced what I would call a market state, and the market state really just exists for the benefit of those in the top. And there is clear economic and social evidence for this, it is very clear that only those at the very top of society in the developed world have really benefited from the last thirty years.”

Phillip Blond (1966) British philosopher

Money, People, World

“State intervention in economic production arises only when private initiative is lacking or insufficient, or when the political interests of the State are involved. This intervention may take the form of control, assistance or direct management.”

Benito Mussolini (1883–1945) Duce and President of the Council of Ministers of Italy. Leader of the National Fascist Party and subsequen…

Quoted from “The Labor Charter: The Corporate State and its Organization”, promulgated by Mussolini's Grand Council of Fascism, Article 9, (April 21, 1927) Copy found in Mediterranean Fascism 1919-1945, Charles F. Delzell, The MacMillan Press, (1971) p. 122. Also in Benito Mussolini’s “Doctrine of Fascism”, published as “Fascism: Doctrine and Institutions” (1935), Rome: Ardita Publishers, p.135-136.
1920s

“The Chartered ccountants by virtue of their qualifications, experience and training can render valuable services in these difficult times in areas which are vital to economic and industrial growth. It should be the duty of the members of the profession in the Northern India Regional Council, apart from examining accuracy of transactions, the modern auditor should also look into the propriety of such transactions… the profession has to develop uniform accounting principles, standard terminologies and precise definitions of various accounting concepts. This was desirable from the point of view of providing reliable information in the financial statements for the benefit of the intending investors, members of the public, government agencies and financial institutions. This will enable individuals and organisations to form a fairly accurate judgment of the financial position by a study of the audited financial statements of companies.”

Fakhruddin Ali Ahmed (1905–1977) the fifth President of India and a politician

Source: From the Desk of the Chairman... http://nirc-icai.org/Newsletter/NewsletterFebruary2012.pdf, Northern India Regional council of the ICAI, News Letter, February 2012

Study, Time, Training

“But business cycles as a subject for study have enjoyed a revival for at least a decade now, stimulated in part by the severity of the 1974-75 and 1981-82 recessions and in part by the intellectual ferment surrounding the development of the "equilibrium business cycle model" and the attention paid to the seminal work of Robert E. Lucas, Jr., contained in his book Studies in Business Cycle Theory (1981). Indeed, there is no longer any need to lament the passing of economics courses explicitly carrying the title "Business Cycles," since the topic of business cycle behavior and analysis has so infiltrated courses carrying the title "Macroeconomics" that the two subjects have become almost interchangeable. 2 In this light it is fitting that the major research program of the NBER in this area is called "Economic Fluctuations" rather than "Macroeconomics."”

Robert J. Gordon (1940) American economist

Source: The American Business Cycle, 1986, p. 2

Books, Behavior, Business, Study

“So far, twenty-two people have received the Nobel award in economics. Not one of them has been female—so, to judge only from the past, the most important thing to do if you want to be a Nobel laureate is to be male. I hasten to add that the absence of females is not, I believe, attributable to male chauvinist bias on the part of the Swedish Nobel Committee. I believe that the economics profession as a whole would have been nearly unanimous that, during the period in question, only one female candidate met the relevant standards—the English economist Joan Robinson, who has since died. The failure of the Nobel Committee to award her a prize may well have reflected bias but not sex bias. The economists here will understand what I am talking about. … A second requirement is to be a U. S. citizen. Twelve of the twenty-two recipients of the Nobel Prize were from the United States, four from the United Kingdom, two from Sweden, and one each from four other countries. … Of the twelve Americans who have won the Nobel Prize in economics, nine either studied or taught at the University of Chicago. So the next lesson is to go to the University of Chicago.”

Milton Friedman (1912–2006) American economist, statistician, and writer

"Milton Friedman" in William Breit and Roger W. Spencer (ed.) Lives of the laureates

People, Sex, Failure, Understanding

“There appears to be an innate human tendency to underestimate the capacity of those who do not belong to "our" group. Those who do not share our background cannot have our ability. Foreigners, people who are in a different economic status, and the young seem invariably to be regarded as intellectually backward.”

Robert Maynard Hutchins (1899–1977) philosopher and university president

Great Books: The Foundation of a Liberal Education (1954)

People, Appearance

“But that (i. e., colonialism) was only half the story, he reminded himself wearily. What about the government corruption and endless red tape, the heedless economic policies, the lavish life-styles of graft-taking officials, the bloated bureaucracies, the mismanaged state industries? Surely no victim of colonial plunder had ever participated more enthusiastically in its own rape than Egypt.”

Jamil Nasir (1955) American writer

Source: Tower of Dreams (1999), Chapter 8 (p. 107)

Life

“In network economics, more brings more.”

Kevin Kelly (1952) American author and editor

Out of Control: The New Biology of Machines, Social Systems and the Economic World (1995)

“Neoclassical economic theory forms the central discourse and behavioral model of contemporary management education. Drawing on research and insights from game theory and behavioral economics we have argued that many of the core assumptions underlying this model are flawed. While we cannot say that the widespread reliance on the Homo economicus model has caused the highly level of observed managerial malfeasance, it may well have, and it surely does not act as a healthy influence on managerial morality. Students have learned this flawed model and in their capacity as corporate managers, doubtless act daily in conformance with it. This, in turn, may have contributed to the weakening of socially functional values and norms like honesty, integrity, self-restraint, reciprocity and fairness, to the detriment of the health of the enterprise. Simultaneously, this perspective has legitimized, or at least not delegitimized, such behaviors as material greed and optimizing with guile. We noted that this model has become highly institutionalized in business education. Fortunately, we believe that the potential for moving away from this flawed model is significant and thus can end this chapter on a more optimistic note for the future of business education.”

Rakesh Khurana (1967) American business academic

Herbert Gintis and Rakesh Khurana. " What Happened When Homo Economicus Entered Business School https://evonomics.com/what-happens-when-you-introduce-homo-economicus-into-business/," in: evonomics.com, July 14, 2016.

Health, Education, Behavior, Game

“I'm not happy exporting jobs but we must move ahead in technology and patents. I don't like losing any jobs but we'll see new opportunities created selling products there. We'll have a net net increase in economic activity, just as we did with free trade. It's tempting to want to protect our markets and stay closed. But at some point it all comes crashing down and you're hopelessly left behind. Then you are Russia.”

Mitt Romney (1947) American businessman and politician

"Massachusetts Governor Mitt Romney's Message: Globalize or Die", CRN.com, 2005-12-16 http://www.crn.com/showArticle.jhtml;jsessionid=HV04UPK5RVOU2QSNDBNCKHSCJUMEKJVN?articleID=174300587 2003–2007 Governor of Massachusetts

Happiness

“Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference.”

Tjalling Koopmans (1910–1985) Dutch American economist

Paul Samuelson, Tjalling Koopmans, and Richard Stone. "Report of the evaluative committee for Econometrica." Econometrica- journal of the Econometric Society. (1954): 141-146.

“I don't want India to be an economic superpower. I want India to be a happy country.”

J. R. D. Tata (1904–1993) Indian businessman

In the article “The business ethics of J.R.D. Tata” in The Hindu dated 29 July 2005

Happiness, Country

“In terms of the distribution by sector, the biggest share of 37.1% is allotted for Social Services, which has registered the highest increase among the sectors for the past four consecutive years due to the substantial increases for the Conditional Cash Transfer Program and the increased allocation for education. Economic Services, with a share of 26.9%, constitutes the 2nd highest portion, 48% of which will be allotted for the sub-sector of communications, roads and other transport.”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

Education, Communication, Past

“realities of our own countries rather than catching up with the western economic models, [Bhatt urged] the people to follow a principle which ensures six basic necessities- food, shelter, clothing, primary education, primary healthcare and primary banking- are available within a 100 mile distance. If these necessities are locally produced and consumed, we will have the growth of a new holistic economy.”

Ela Bhatt (1933) founder of the Self-Employed Women's Association of India (SEWA)

Quoted in in "Ela Bhatt of SEWA awarded Indira Gandhi Prize for promoting peace".

People, Education, Food, Reality

“Vegetarianism has three things going for it all at once—economics, health and compassion.”

Jean Mayer (1920–1993) French-American scientist, university administrator

Quoted in "Vegetarianism: Growing Way of Life, Especially Among the Young" https://www.nytimes.com/1975/03/21/archives/vegetarianism-growing-way-of-life-especially-among-the-young.html by Judy Klemesrud, The New York Times (21 March 1975).

Health

“A small but significant number of angry and historically minded women comprehend the women's revolution in the visionary sense of an end to the catastrophic brotherhood and a return to the former glory and wise equanimity of the matriarchies. We don't know how this will take place exactly, nor the resultant nature of the new social forms, we know that it will take place, and in fact that the process of its development is now irreversibly underway. Of supreme importance in this process is the recovery by modern woman of her mythology as models for theory, consciousness, and action…. The Swiss patrician Jacob Bachofen was one of the first to discover "the female era at the lower seam of history, with its sacerdotal, political, and economic female dominion."”

Jill Johnston book Lesbian Nation

…. The fruits of this research were until recently unavailable except to a few initiates and they now form a cornerstone of the second wave in the feminist revolution....
Lesbian Nation (N.Y.: Simon & Schuster, 1973 (SBN (not ISBN) 671-21433-0)), pp. 248–249.

Women, History, Nature, Sense

“In addition, profits are so completely subordinated in Germany and Italy to requirements of a militarily conceived national interest and of full employment that the maintenance of the profit principle is purely theoretical. Profits have lost their autonomy as an independent, not to say the supreme, goal of economic activity.”

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

Source: 1930s- 1950s, The End of Economic Man (1939), p. 149

“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? How can I adopt a creed which, preferring the mud to the fish, exalts the boorish proletariat above the bourgeois and the intelligentsia who, with whatever faults, are the quality in life and surely carry the seeds of all human advancement?”

John Maynard Keynes book Essays in Persuasion

"A Short View of Russia" (1925); Originally three essays for the Nation and Athenaeum, later published separately as A Short View of Russia (1925), then edited down for publication in Essays in Persuasion (1931)
Ref: en.wikiquote.org - John Maynard Keynes / Quotes / Essays in Persuasion (1931)
Essays in Persuasion (1931), A Short View of Russia (1925)

Life, World, Fish

“The root causes of armed conflict, among them the race for natural resources, economic imbalances, and ethnic and religious tensions must be resolved, respecting the obligation to settle disputes by peaceful means under Article 2 (3) of the Charter. The obligation to negotiate is jus cogens, “negotiation” meaning dialogue and compromise, not the dictates of the stronger over the weaker.”

Alfred de Zayas (1947) American United Nations official

United Nations General Assembly - Promotion of a democratic and equitable international order http://www.ohchr.org/Documents/Issues/IntOrder/A-68-284_en.pdf. 2013

Peace, Nature

“Utilitarianism had found [ in Samuel Smiles’ Self-Help] its portrait gallery of heroes, inscribed with a vigorous exhortation to all men to strive in their image; this philistine romanticism established the bourgeois hero-prototype—the penniless office-boy who works his way to economic fortune and this wins his way into the mercantile plutocracy.”

John Carroll (1944) Australian professor and author

Source: Break-Out from the Crystal Palace (1974), p. 12

Men, Smile, Way, Boy

“What to do? I see only two courses open to the likes of us. One is to go live on locusts in the wilderness, if there is any wilderness left. The other is surreptitiously to set up within the economic Juggernaut certain new cogs and wheels whereby the residual love of nature, inherent even in Rotarians, may be made to recreate at least a fraction of those values which their love of "progress" is destroying. A briefer way to put it is: if we want Mr. Babbitt to rebuild outdoor America, we must let him use the same tools wherewith he destroyed it. He knows no other.”

Aldo Leopold (1887–1948) American writer and scientist

"Game and Wild Life Conservation" [1932]; Published in The River of the Mother of God and Other Essays by Aldo Leopold, Susan L. Flader and J. Baird Callicott (eds.) 1991, p. 165-166.
1930s

Love, Way, Nature

“However extensively Lenin was prepared to creatively develop the Marxism he inherited, he was not prepared to ‘skip stages’ in achieving socialism. Socialism required, as prerequisite, the modernization and industrial development of its economic base. To create the missing material prerequisites, Lenin was prepared to fall back on a centrally supervised market-influenced program of state capitalism.”

A. James Gregor (1929–2019) American political scientist

Source: Marxism, Fascism & Totalitarianism: Chapters in the Intellectual History of Radicalism, (2008), p. 56

“Religious people must be brought to a vivid realization of their awful guilt in sanctioning and supporting an economic system that is the direct antithesis of their religious ideals.”

Kirby Page (1890–1957) American clergyman

Individualism and Socialism (1933)

People, Support

“The armature of economic neo-liberalism … cannot concede any space to the idea of counter-conduct; counter-conduct becomes inconceivable, since conduct as such is a concept fully integrated into a scientific-epistemological field. Regime of veridiction, homo oeconomicus, rational behavior, ethical and political neutralization – such is the scheme, for instance, of American neo-liberalism. In this setting, counter-conduct is nothing more than a form of irrationality, just as in the history of psychiatry, it is but a form of abnormality.”

Arnold Davidson (1955) American academic

"In praise of counter-conduct," History of the Human Sciences, v. 24, n. 4

Behavior, History, Idea

“Ken also identified the corporation, not “the market,” as the defining institution of modern economic activity, developing these and related themes both in his teaching and in such widely celebrated books as American Capitalism (1952) and The New Industrial State (1967). But his interest in these ideas persisted throughout his life. The central importance of the corporation, and the fear that government was no longer able to provide an adequate countervailing force against corporate influence exerted both legally and otherwise, was the subject of his last book, The Economics of Innocent Fraud”

Amartya Sen (1933) Indian economist

2004
Stephen A. Marglin, Richard Parker, Amartya Sen, and Benjamin M. Friedman, “John Kenneth Galbraith”, Harvard Gazette (February 7, 2008)
2000s

Life, Books, Fear, Idea

“Civilization is an enormous device for economizing on knowledge.”

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

Source: 1980s–1990s, Knowledge and Decisions (1980; 1996), Ch. 1 : The Role of Knowledge

Knowledge

“And that is what the Constitution is all about -- providing freedom from abuse by those in authority. Anyone who says the American Constitution is obsolete just because social and economic conditions have changed does not understand the real genius of the Constitution. It was designed to control something which has not changed and will not change - namely, human nature.”

W. Cleon Skousen (1913–2006) ex FBI agent, conservative United States author and faith-based political theorist

The 5,000 Year Leap (1981)

Understanding, Nature, Freedom, Change

“The theory of repeated games is able to account for phenomena such as altruism, cooperation, trust, loyalty, revenge, threats (self-destructive or otherwise) – phenomena that may at ﬁrst seem irrational – in terms of the “selﬁsh” utility-maximizing paradigm of game theory and neoclassical economics.”

Robert Aumann (1930) Israeli-American mathematician

Source: War and peace (2005), p. 3

Game, Revenge, Loyalty

“The Capitalist system with its exploitation of those who are economically weak, with its robbery of the workers labour power, with its unethical way of appraising human beings by the number of things and the amount of money he possesses, instead of by their internal value and their achievements, must be replaced by a new and just economic system, in a word by German Socialism.”

Gregor Strasser (1892–1934) German politician, rival of Adolf Hitler inside the Nazi Psrty

Tradition & Revolution: Collected Writings of Troy Southgate, editors: Patrick Boch, Jacob Christiansen and John B. Morgan, UK, Arktos Media (2010) p. 66.

Money, Way

“To strengthen the work of Congress I strongly urge an amendment to provide a four-year term for Members of the House of Representatives—which should not begin before 1972. The present two-year term requires most members of Congress to divert enormous energies to an almost constant process of campaigning—depriving this nation of the fullest measure of both their skill and their wisdom. Today, too, the work of government is far more complex than in our early years, requiring more time to learn and more time to master the technical tasks of legislating. And a longer term will serve to attract more men of the highest quality to political life. The nation, the principle of democracy, and, I think, each congressional district, will all be better served by a four-year term for members of the House. And I urge your swift action. Tonight the cup of peril is full in Vietnam. That conflict is not an isolated episode, but another great event in the policy that we have followed with strong consistency since World War II. The touchstone of that policy is the interest of the United States—the welfare and the freedom of the people of the United States. But nations sink when they see that interest only through a narrow glass. In a world that has grown small and dangerous, pursuit of narrow aims could bring decay and even disaster. An America that is mighty beyond description—yet living in a hostile or despairing world—would be neither safe nor free to build a civilization to liberate the spirit of man. In this pursuit we helped rebuild Western Europe. We gave our aid to Greece and Turkey, and we defended the freedom of Berlin. In this pursuit we have helped new nations toward independence. We have extended the helping hand of the Peace Corps and carried forward the largest program of economic assistance in the world. And in this pursuit we work to build a hemisphere of democracy and of social justice. In this pursuit we have defended against Communist aggression—in Korea under President Truman—in the Formosa Straits under President Eisenhower—in Cuba under President Kennedy—and again in Vietnam.”

Lyndon B. Johnson (1908–1973) American politician, 36th president of the United States (in office from 1963 to 1969)

1960s, State of the Union Address (1966)

Life, Wisdom, Men, Hostility

“A man is not really a true man until he owns his own home, and they that own their homes are made more honorable and honest and pure, true and economical and careful, by owning the home.”

Russell Conwell (1843–1925) American academic administrator

Acres of Diamonds (1915)

Home

“The spiritual nature of woman is as little considered as the principles of her historical development. Not only is violence being done to the spirit by a biological misinterpretation and by today's economic trends, but also by the materialistic and fundamental point of view of opposing groups.”

Edith Stein (1891–1942) Jewish-German nun, theologian and philosopher

Essays on Woman (1996), Problems of Women's Education (1932)

Nature

“If Catholic Christianity does not offer a vision of existence that transcends the election cycle, if our redemption is social and our resurrection economic, then it’s time render everything up to Caesar.”

Dana Gioia (1950) American writer

Essays, Can Poetry Matter? (1991), The Catholic Writer Today (2013)

Time

“Trade is the oldest and most important economic nexus among nations. Indeed, trade along with war ha been central to the evolution of international relations.”

Robert Gilpin (1930–2018) Political scientist

Source: The Political Economy of International Relations (1987), Chapter Five, The Politics Of International Trade, p. 171

War

“The economic difficulty of the modern world is not shortage of materials but the organization of their exchange and distribution; distress arises, not from scarcity but from dislocation and maladjustment.”

Norman Angell (1872–1967) British politician

Peace and the Public Mind (1935)

World

“Intellectual leadership in the eighteenth century passes from France to economically, socially and politically more progressive England. The great romantic movement starts here about the middle of the century, but the enlightenment also receives its decisive impulse from this country. The French writers of the period see in English institutions the quintessence of progress and build up a legend around English liberalism—a legend which only partly corresponds to reality. The displacement of France as the upholder of culture by England proceeds hand in hand with the decadence of the French royal house as the leading European power and, hence, the eighteenth century sees the ascent of England both in politics and in the arts and sciences.”

Arnold Hauser (1892–1978) Hungarian art historian

Source: The Social History of Art, Volume III. Rococo, Classicism and Romanticism, 1999, Chapter 2. The New Reading Public

Art, Reality, Decision, Science

“The strength of Commonwealth lies in its diversity and it to be mindful of bearing economic, social, political and cultural systems which comprise its membership … Its commonality lies in its connection to humanity, in the main it has provided an invariable forum whose members to open and continue meaningful issues of concern.”

Joni Madraiwiwi (1957–2016) Fijian politician

Opening address to the Commonwealth Parliamentary Association conference in Nadi, 6 September 2005.

“In a revolutionary age talk of equality may well have represented a passion to provide full human dignity to those who had previously been denied it by systems of political and economic domination; but in the present age it softens the spiritual requirements that are an essential ingredient in human dignity. Thus the slogans of equality serve not so much to elevate individuals to the dignity of being human as to free them from the responsibility of rising to this vocation.”

Merold Westphal (1940)

Source: Kierkegaard’s Critique of Reason and Society (1992), p. 49

Age, Passion

“In the past fifteen years, Marxist approaches towards literature have enjoyed increasing vogue. To be conscious of the social context of art seems to automatically entail a leftist orientation. But a theory is possible that is both avant-garde and capitalist. Marxism was one of Rousseau’s nineteenth-century progeny, energized by faith in the perfectabilty of man. Its believed that economic forces are the primary dynamic force in history is Romantic naturism in disguise. … Marxism is the bleakest of anxiety-formations against the power of cthonian mothers.”

Camille Paglia (1947) American writer

Source: Sexual Personae: Art and Decadence from Nefertiti to Emily Dickinson (1990), p. 36

Faith, Art, History, Literature

“Were castles really as rough and rugged as their owners? The answer seems to be, “not necessarily.” Castles were indeed rough and rugged fortresses, the product of an essentially elite, masculine warrior society, what today we call a feudal society. But they were also among the finest buildings of their times—secure, well-built residences that supported the complex rituals of noble life. To understand how castle form came to meet castle function, we must look briefly at the castle’s social and economic underpinnings.”

Marilyn Stokstad (1929–2016) art historian

Overview: Castles in Context
Medieval castles (2005)

Life, Understanding, Support, Time

“PROUN is understood as the creative construction of form (based on the mastery of space) assisted by economic construction of the applied material. The goal of PROUN is progressive movement on the way to concrete creation, and not the substantiation, explanation, or promotion of life.”

El Lissitsky (1890–1941) Soviet artist, designer, photographer, teacher, typographer and architect

1915 - 1925, Theses on the 'PROUN': from painting to architecture' (1920)

Life, Way

“It is quite evident that the Soviet system today represents the exact opposite of almost everything that the left in the West is striving for - obsessive state secrecy rather than freedom of information, centralised bureaucratic control instead of devolved decision making and public accountability, total state power over the individual as opposed to inalienable civil liberties, authoritarian economic management rather than trade union freedom and industrial democracy, and a government-manipulated media instead of greater diversity and choice in news and information sources.”

Peter Tatchell (1952) British gay rights activist

Democratic Defence. London: GMP Publishers. p. 36. ISBN 0-946097-16-X.

Democracy, Decision, Freedom

“Economists can take a good deal of credit for the stabilization policies which have been followed in most Western countries since 1945 with considerable success. It is easy to generate a euphoric and self-congratulatory mood when one compares the twenty years after the first World War, 1919-39, with the twenty years after the second, 1945-65. The first twenty years were a total failure; the second twenty years, at least as far as economic policy is concerned, have been a modest success. We have not had any great depression; we have not had any serious financial collapse; and on the whole we have had much higher rates of development in most parts of the world than we had in the 1920’s and 1930’s, even though there are some conspicuous failures. Whether the unprecedented rates of economic growth of the last twenty years, for instance in Japan and Western Europe, can be attributed to economics, or whether they represent a combination of good luck in political decision making with the expanding impact of the natural and biological sciences on the economy, is something we might argue. I am inclined to attribute a good deal to good luck and non-economic forces, but not all of it, and even if economics only contributed 10 percent, this would amount to a very handsome rate of return indeed, considering the very small amount of resources we have really put into economics.”

Kenneth E. Boulding (1910–1993) British-American economist

Source: 1960s, The economics of knowledge and the knowledge of economics, 1966, p. 9

War, World, Failure, Mood

“The whole prospect of Gaelic appals me, the more I think of the difficulties and the likelihood of its extinction in a generation or two. A … language with … no modern prose of any account, no philosophical or technical vocabulary to speak of, no correct usage except among old people and a few university students, colloquially full of gross English idiom lately taken over, exact shades of meanings of most words not to be found in any of its dictionaries and dialectally varying enormously (what chance of the appreciation of the overtones of poetry, except amongst a handful?) Above all, all economic, social and political factors working against it, and, with that, the notorious, moral cowardice of the Highlanders themselves.”

Sorley MacLean (1911–1996) Scottish poet

Sorley MacLean, June 1943, quoted in Krause, Corinna. "Translating Gaelic Scotland" https://pdfs.semanticscholar.org/beae/ab4c968782c1c0eeb7ee0f9459d009fab52d.pdf and "Gaelic Scotland – A Postcolonial Site?" https://www.gla.ac.uk/media/media_41178_en.pdf Letters and interviews

People, Thinking, Universe, Chance

“Continental morality critics are plainly not without ethical views of their own—namely, views, broadly, about the good life for (some or all) human beings—since it is on the basis of these views that they criticize “morality.” Therefore, we need to understand the contours of the “morality” to which these critics object—for ease of reference, we will call it “morality in the pejorative sense” (MPS)—since it must be distinguished from the normative considerations that inform their critiques. … We can usefully divide Continental critics of morality into two camps … In the first camp are those thinkers who see the individual’s acceptance of morality as such as an obstacle to the individual’s flourishing; in very different ways, Nietzsche and Freud are these kinds of morality critics. In the second camp are those philosophers who see morality as among the “ideological” instruments that sustain socio-economic relations that are obstacles to individual flourishing. On this second account—most obviously represented by Marx and perhaps some of his descendants associated with the Frankfurt School.”

Brian Leiter (1963) American philosopher and legal scholar

“Morality Critics”

Life, School, Way, Understanding

“The term spirituality is misleading. It gives the impression that we are concerned only with the soul and its activities like prayer and contemplation. The realm of the spirit is thought of as distinct from the material realm, the realm of work, of science and economics. Underlying this dichotomy is the Greek understanding of the human person as a composite of soul and body or as a soul temporarily housed in the body. The classical example of this is Plato’s image of the human person as the charioteer in the chariot.”

Kurien Kunnumpuram (1931–2018) Indian theologian

Kunnumpuram, K. (ed) (2006) Life in Abundance: Indian Christian Reflections on Spirituality. Mumbai: St Pauls
On Spirituality

Soul, Understanding, Science, Housing

“"You must tell them that there must be a new union or there will be chaos," he [Shevardnadze] implored me. That evening, when I hosted republic leaders for dinner — a mixed group of presidents, prime ministers, and foreign ministers — I saw around the table and in the conversation a microcosm of the post-coup Soviet Union’s potential — and its problems. Whatever euphoria that they felt with their post-putsch independence declarations had given way to a marked degree of realism. "Independence sounds nice, but we have to live, and we have to be practical," observed the Prime Minister of Moldova, Valeriu Muravsky. That was the persistent theme that I heard from every one of the republic leaders, with the sole exception of the Georgian Prime Minister, Vissarion Gugushvili, though even he spoke of the need for economic cooperation once Georgian independence was recognized internationally.”

James Baker (1930) Former U.S. Secretary of State

The Politics of Diplomacy: Revolution, War and Peace 1989-1992 (1995) by James Addison Baker, p. 531
1995

Way, Problem

“Which are the arguments and how many are there? I must have an inbred urge toward symmetry. In canvassing for the principal ways of criticizing, assaulting, and ridiculing the three successive "progressive" thrusts of Marshall's story, I have come up with another triad: that is, with three principal reactive-reactionary theses, which I call the perversity thesis or thesis of the perverse effect, the futility thesis, and the jeopardy thesis. According to the perversity thesis, any purposive action to improve some feature of the political, social, or economic order only serves to exacerbate the condition one wishes to remedy. The futility thesis holds that attempts at social transformation will be unavailing, that they will simply fail to “make a dent.””

Albert O. Hirschman book The Rhetoric of Reaction

Finally, the jeopardy thesis argues that the code of the proposed chafe or reform is too high as it endangers some previous, precious accomplishment.
The Rhetoric of Reaction: Perversity, Futility, Jeopardy (1991), Ch. 1 : Two Hundred Years of Reactionary Rhetoric.

Way, Success

“Some important aspects of important aspects of economic organization take on a new meaning when they are considered from the viewpoint of the search of information.”

George Stigler (1911–1991) American economist

Source: "The economics of information," 1961, p. 213

“For the first time, we saw everything they could bring to the battle. And it was… nothing. Not even a fizzle. All they can say is "thief, we have our rights, we want our rights, nothing must change, we want more money, thief, thief, thief". And shove some poor artists in front of them to deliver the message. Whereas we are talking about scarcity vs. abundance, monopolies, the nature of property, 500-year historical perspectives on culture and knowledge, incentive structures, economic theory, disruptive technologies, etc. The difference in intellectual levels between the sides is astounding.”

Rickard Falkvinge (1972) former head of the Swedish Pirate Party

P2P Consortium Interview http://www.p2pconsortium.com/index.php?showtopic=15274 (January 12, 2008)

Money, Nature, Knowledge, Change

“Many individuals in government don't seem to understand the laws of economics. Most of them — aside from those in Congress — seem to be concentrated in the area of 'drug enforcement'. They often brag at news conferences that their interception of drugs between producer and consumer has raised the 'street value' of the drugs, meaning that the drugs are now scarcer than they were. What these statists stubbornly refuse to acknowledge is that this only increases the market incentive to cash in on those higher prices by making up for the artificial scarcity.”

L. Neil Smith (1946) American writer

"Some Random Thoughts About the War On Drugs".

Law, Understanding

“Crime is valuable feedback about what childhood in a society means, about its education, economics and culture—about whether this is a society that works or not.”

David Fleming (1940–2010) British activist

Lean Logic, (2016), p. 276, entry on Lean Law and Order http://www.flemingpolicycentre.org.uk/lean-logic-surviving-the-future/

Education, Childhood

“The attack of the Luddites was not occasioned by the introduction of new machinery, however, as is commonly thought, for there is no evidence of such in 1811 and 1812 when Luddism proper began. Rather, the destruction was leveled at the new slip-shod methods which were ordered into effect on the extant machinery. Not an attack against production on economic grounds, it was above all the violent response of the textile workers (soon joined by others) to their attempted degradation in the form of inferior work; shoddy goods — the hastily-assembled "cut-ups," primarily — was the issue at hand.”

John Zerzan (1943) American anarchist and primitivist philosopher and author

Source: Elements of Refusal (1988), p. 108

“Swaraj means that we must live within ourselves, we must be self-contained. I tell you we are great slaves to-day. Our economic slavery is greater than our political slavery… From Manchester comes 60 crores rupees worth of cloth every year. You will not have to pay these 60 crores rupees which go out of India. If a householder works by Charkha for one o two hours a day at the end of the year he will find himself with all the necessaries of his family.”

Chittaranjan Das (1870–1925) Indian politician and leader of the Swaraj Party

Address delivered on 11th February 1921 at a meeting held in Maulana Mazhar-ul-Haq’s compound at Patna. Source: Collected Works of Deshbandhu.
1921

Family, Clothes

“If only people freed themselves from their beliefs in all kinds of Ormuzds, Brahmas, Sabbaoths, and their incarnation as Krishnas and Christs, from beliefs in Paradises and Hells, in reincarnations and resurrections, from belief in the interference of the Gods in the external affairs of the universe, and above all, if they freed themselves from belief in the infallibility of all the various Vedas, Bibles, Gospels, Tripitakas, Korans, and the like, and also freed themselves from blind belief in a variety of scientific teachings about infinitely small atoms and molecules and in all the infinitely great and infinitely remote worlds, their movements and origin, as well as from faith in the infallibility of the scientific law to which humanity is at present subjected: the historic law, the economic laws, the law of struggle and survival, and so on, — if people only freed themselves from this terrible accumulation of futile exercises of our lower capacities of mind and memory called the "Sciences", and from the innumerable divisions of all sorts of histories, anthropologies, homiletics, bacteriologics, jurisprudences, cosmographies, strategies — their name is legion — and freed themselves from all this harmful, stupefying ballast — the simple law of love, natural to man, accessible to all and solving all questions and perplexities, would of itself become clear and obligatory.”

Leo Tolstoy A Letter to a Hindu

Source: A Letter to a Hindu (1908), VI

Love, God, People, World

“I am concerned that many young people in the Hemisphere seem to envision the United States as a nation intoxicated by power, addicted to warfare, controlled by a military-industrial complex, and determined to preserve the status quo, that we are against rapid economic and social growth.”

Luis A. Ferré (1904–2003) American politician

1971 National Governors Association Annual Meeting NGA http://www.nga.org/portal/site/nga/menuitem.f3e4d086ac6dda968a278110501010a0/?vgnextoid=abd0a75a0f58b010VgnVCM1000001a01010aRCRD

People