Rick Perry Quotes

The BBC is locked to the reading of the economy that is run out of Ed Miliband and Ed Balls' office. They think if only you spend and borrow more money you can create growth everywhere.

Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.

Who would have thought that the Republicans who made a living for decades deriding Old Europe would embrace their economic policies.

What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened.

It would probably strike the average politician as absurd to argue that the best way to fix the economy is to stop trying to 'fix it.'

I'd call it a new version of voodoo economics, but I'm afraid that would give witch doctors a bad name.

I don't accept as an article of faith that lots of short-term stimulus boosts the economy and gets us back on the long-term trajectory.

I don't think that much change comes from economists. I think it comes more from political realities. Probably the two giants of the 20th century, who actually did shift government policy in the U.S. and around the world, were John Maynard Keynes and Milton Friedman. I don't see anybody in our system who is at that level of influence.

Discussions of the economy, especially during times of crisis, are often framed in terms of lessons we supposedly learned during the Depression of the 1930s. If we are not to endure terrible times like those again, we are told, we must support whatever form of state intervention is currently being peddled.

There is no left or right in economic management today.

Is supply-side economics finished? Only in the sense that General George S. Patton's army was finished in Germany in May, 1945.

Until Keynes, politicians had not needed economists for help in running the country any more than they had needed astronomers. But Keynes made them indispensible.

You should be cautious when criticizing the liberalization of economic theory.

Things swept so badly that I had distrust - after 1967, let's say - of American Keynesianism. For better or worse, U.S. Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian.

The Keynesian idea is once again accepted that fiscal policy and deficit spending has a major role to play in guiding a market economy. I wish Friedman were still alive so he could witness how his extremism led to the defeat of his own ideas.

Neoliberalism emerged by defining itself against what it labelled as an unrealistic and unsustainable programme of social welfare and public spending.

Neoliberalism became the leading economic ideology in the U.S. and in the U.K. during Ronald Reagan's and Margaret Thatcher's mandates. In this way, the leaders of the free world offered a viable solution to the economic crisis at the time: competition, deregulation, outsourcing, to name a few buzz words that have since become common place.

No government in any country can run on static definitions of economic thinking.

There was endless controversy as to whether the acts of the New Deal did actually move recovery or retard it, and nothing final could ever come of that bitter debate because it is forever impossible to prove what might have happened in place of what did.

The pro-growth policies and spending restraint of Conservatives work.

The U.K. and almost all of Europe have erred in terms of believing that austerity, fiscal austerity in the short term, is the way to produce real growth. It is not. You've got to spend money.

The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.

I'd be happy to have regular face-to-face meetings at Downing Street with David Cameron to argue the case for alternative economic policies.

It's become glib political conventional wisdom in Washington that a massive spending plan will provide a parachute rescue for a cliff-diving economy - landing it safely and with strong enough legs to move toward a healthy future.

I didn't wake up one day and say, you know, 'Supply-side economics doesn't make sense.'