Business Cycle Quotes

I know it's going to be the private sector that leads this country out of the current economic times we're in. You can spend your money better than the government can spend your money.

Even when America's economy has been by all measures healthy and the unemployment rate low, some businesses suffer or fail and lay off workers. But nearly always, a simultaneous and even greater burst of new jobs has been created to offset the jobs lost - millions of new jobs every year.

We have depressions about every 10-20 years—just long enough for the current generation to forget the last depression.

A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street.

The President cannot make clouds to rain and cannot make the corn to grow, he cannot make business good; although when these things occur, political parties do claim some credit for the good things that have happened in this way.

The Panic of 1819 exerted a profound effect on American economic thought. As the first great financial depression, similar to a modern expansion-depression pattern, the panic heightened interest in economic problems, and particularly those problems related to the causes and cures of depressed conditions.

Listen, I wish economic growth only went in one direction. It doesn't. There are economic downturns. They're painful, they're harmful, and they hurt families.

I am not a monetarist, and I am not a Keynesian. On certain points I agree with each.

History is fickle. We know that. The good and bad come around and go around, and go around again. There are recessions and depressions and economic boom and bust.

We must not let the panicky Wall Street wheeler-dealers and the Trump-hating establishment state media talk us into a recession. We must keep the focus on the real economy, not the fake economy.

Economists are very good at saying that something cannot go on forever, but not so good at saying when it will stop.

I do not regard the Keynesian revolution as a great intellectual triumph. On the contrary, it was a tragedy because it came so late. Hitler had already found out how to cure unemployment before Keynes had finished explaining why it occured.

The fundamental business of the country, that is production and distribution of commodities, is on a sound and prosperous basis.

I think it is a mistake for candidates, or once they get elected in office, to be dwelling too much on the topic of markets.

There has always been, and there always will be, an economic cycle.

Inflation is the parent of unemployment and the unseen robber of those who have saved.

The foundations of a strong economy don't rest alone on the decisions of Chancellors or the spending programmes of government.

When times were good, we made more money. When times are bad, we make less money.

Economic growth is based partly on reality and partly on perception.

Typically, after moving backwards, the economy takes even more steps forward.

The decline is in paper values, not in tangible goods and services...America is now in the eighth year of prosperity as commercially defined. The former great periods of prosperity in America averaged eleven years. On this basis we now have three more years to go before the tailspin.

I'm happy to say I am a Harrison-Kreps-Keynesian.

Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.

Weirdly enough, I'm a macroeconomics enthusiast.

In general, the PC's always had a fairly decent tie to GDP.