Louis Rukeyser Quotes

It’s hard for the opposition party to break in when things are going well economically.

If the United States does well [economically], then the whole world does well.

GDP has effectively become a proxy for national success or failure. It has the power to decide elections, overthrow governments, and launch popular movements.

Relative to other economies in the world, India has a good feel to it.

If you're going to grow the economy, if people are going to have more income, you have to have stability in the marketplace.

If all the economists in the world were laid end to end, it wouldn't be a bad thing.

Society can take two roads - the road to genuine prosperity, or the road to artificial stimulus. The first results in a permanent higher standard of living for all; the latter creates an inflationary boom that cannot last.

With impressive proof on all sides of magnificent progress, no one can rightly deny the fundamental correctness of our economic system.

Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

The United States is going to be a rich country, it is going to be prosperous, but it is not going to be able to take the lead in the next phase of global economic development.

Fortunately there is more wealth in the world than there was at the time of the global economic crisis of 1929 - Chinese, Indian, Arab and Russian.

Growth is widely thought to be the panacea for all the major economic ills of the modern world.

The market is the creator of social wealth and the wellspring of self-sustaining economic development.

I am a social democrat - I believe in pursuing greater equality and tackling social justice - but... you can't do that unless you have got a strong economy, unless you have got a vibrant business base earning the wealth that makes that possible.

You know, I think of the global economy as an inverted triangle, resting on the shoulders of the American consumer. And if the American consumer cannot have enough disposable income in order to maintain a standard of living that creates more opportunities generation after generation, that's bad for everybody.

When you have stability, you have at least an opportunity to enjoy prosperity because investment flows. Business tends to follow the flag. When they find a secure environment, they will invest.

Politicians haven't the capacity to lead whole societies anywhere. They are outclassed and outrun by trends in the world economy that are beyond the ability of the political class to control or direct.

Global economic growth significantly increases with the growth of the world’s economic freedom.

Middle class prosperity—economics—depended on middle class power—politics.

Economic diseases are highly communicable. It follows, therefore, that the economic health of every country is a proper matter of concern to all its neighbors, near and distant. Only through a dynamic and a soundly expanding world economy can the living standards of individual nations be advanced to levels which will permit a full realization of our hopes for the future.

For centuries, economic thinkers, from Adam Smith to John Maynard Keynes, have tried to identify the elusive formula that makes some countries more prosperous and successful than others. My curiosity about this topic spurred me, as a young professor of economics in the late 1970s, to research new ways of measuring national competitiveness.

As a steward of the U.S.economy and financial systems, the Treasury has helped lay the groundwork for the American economy to become a model of strength, flexibility, dynamism, resiliency. This is a system that generates growth, creates jobs and wealth, rewards initiative, and fosters innovation.

Grand economic theories rarely last more than a few decades. Some, if they are particularly in tune with technological or political events, may make it to half a century. Beyond that, little short of military force can keep them in place.

The Federal Reserve places great importance on our relations with the Bundesbank. Few such relationships have been as important, over the decades, in promoting financial stability and prosperity around the world.

Whenever global economy is reasonably doing well, the investment flows.