Economic Myth Quotes

The notion that free enterprise exists has got to be acknowledged as being a myth. If I had a choice between believing in free enterprise and Santa Claus, I'd tell you I believe in Santa Claus.

Basically, the myth is that America has been founded on the free market; the government has done very little; it has thrived under free trade. But actually, if you look at the history, this is actually the country that has succeeded most with protectionist policies.

One of the pillars of backward thinking in America is the idea that you can have jobs or you can have clean air and water, but you can't have both. That myth has been busted a thousand times, but still it lives on.

Voodoo economics

Contrary to a tenacious myth, France is not owned by California pension funds or the Bank of China, any more than the United States belongs to Japanese and German investors. The fear of getting into such a predicament is so strong today that fantasy often outstrips reality. The reality is that inequality with respect to capital is a far greater domestic issue than it is an international one.

Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those at the bottom.

The public has been sold a bill of goods about the free market being a panacea for mankind.

Don't let anybody tell you it's corporations and businesses that create jobs.

There is a false assumption about the Parti Quebecois that we don't know anything about the economy... Well that's a myth.