Economic Function Quotes

The financial markets play an active role in determining what's going to happen, how the economy is going to function.

Maturity transformation is a central part of the economic function of banks and many other types of financial intermediaries.

The most successful businessmen were often uneducated when measured by the scholastic standards of the teaching profession. But they were equal to their social function of adjusting production to the most urgent demand. Because of these merits the consumers chose them for business leadership.

I think the market is always going to be around. The goal is not to say, let's get rid of the market, because the market does render a huge number of services, and I don't want to have a fight about the price of something every time I buy a book or a bottle of water.

Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.

Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.

The economic function of space industrialization is to generate jobs on Earth, not in space.

No economy can continue to function when the vast middle class and everybody else don't have enough purchasing power to buy what the economy is capable of producing without going deeper and deeper into debt.

A corporation exists to provide jobs for the community. A corporation exists to make charitable donations to the symphony or the homeless shelter or whatever it is. That's not why businesses exist.