Economic Limitations Quotes

The problem with socialism is that sooner or later you run out of everyone else's money.

A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom.

Because the rights to possessions are not adequately documented, assets cannot readily be turned into capital, cannot be traded outside of narrow, local circles where people know and trust each other, cannot be used as collateral for a loan, and cannot be used as a share against an investment.

We just don’t have enough money to be trying to create nations.

If taxpayer money were limitless, we wouldn't need a budget at all.

The market is no god - it cannot solve every problem.

To say that a state cannot pursue its aims because there is no money, is like saying that an engineer cannot build roads, because there are no kilometers.

For many countries, monetary sovereignty is nothing more than an unattainable ideal.

In a monetary system, most of us live near our work with a house, car, and lifestyle we can afford (or, all too often, cannot afford), rather than the one we prefer. We are only as free as our purchasing power permits. Even many wealthy people today select a residence mainly to impress others with their status. Lacking a true sense of self worth, many live to impress others.

I grew up in the suburbs of a small town on the south coast where the only opportunity I ever got to wear anything smart was a funeral, so I had never owned a piece of clothing worth more than £40.

To be honest, before I joined the industry, I knew very little about the fashion world, and I hardly knew any name brands. Probably because the price tags were a little too high, and home girl needed to work.

[Rose from "Fences"] couldn't just jump out there. Not just because of economic reasons but because how she was looked at in society at the time. There were a lot of factors that made you stay I guess.

We're starting to realize the limitations of oil income, that you can't live the life of Riley forever.

The world has been busy for some centuries in shutting and locking every door through which a woman could step into wealth, except the door of marriage.

As fiscal constraints impinge on defence and diplomacy, governments find themselves increasingly homebound, even if diplomats happily travel to summits.

There are some things that we value as a public good that the markets can't deliver, like clean air.

People are born in a certain place, and in a certain society. I don't mean to sound like a determinist, but to think we're entirely free to do whatever we want betrays a certain class perspective. For most people who have to work for a living, and work at jobs under conditions they may not like, it's just not simple when it comes to freedom.

I'm shocked to be saying this, but as a child, I never went to a circus. It cost too much.

Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can.

Man does not live by GNP alone.

The questions that are beyond the reach of economics-the beauty, dignity, pleasure and durability of life-may be inconvenient but they are important.

Beggars can't be choosers. We don't have all the money in the world. So anyone who wants to be in the band and be broke - that's their own death wish.

Russia's a small country. It's really poor. It has nothing other than oil and weapons sales.

There are needs and common goods that cannot be satisfied by the market system.

Women may no longer wear bonnets, and high-heeled shoes may no longer be seen as hindrances to employment, but the fact remains that 'the more elegant styles' are outside the reach of most working women. They require more money, more attention, and more leisure than the average working woman can afford. This is their point.