Economic Resources Quotes

The real wealth of a nation resides in its farms and factories and the people who man them.

There is no intrinsic reason for the scarcity of capital.

The economy itself is of such social importance that its major resources and means of production should be open to democratic participation and subject to democratic social regulation.

The public sector can only feed off the private sector; it necessarily lives parasitically upon the private economy. But this means that the productive resources of society - far from satisfying the wants of consumers - are now directed, by compulsion, away from these wants and needs. The consumers are deliberately thwarted, and the resources of the economy diverted from them to those activities desire by the parasitic bureaucracy and politicians.

The ultimate benefit of trade is not the generating of economic surpluses but the more efficient allocation of economic resources.

Socialism is about claims of justice, and it is also about money: about wealth, income, physical and financial capital. It is an ideology based on allocating economic resources. It may try to achieve that goal by nationalizing assets, by command-and-control regulation, or by taxation and redistribution.

An economy growing at 7 percent per year, can and must find the resources to improve the lives of its millions of poor.

But whilst there may be intrinsic reasons for the scarcity of land, there are no intrinsic reasons for the scarcity of capital.

Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect natural resources to become more scarce. Rather, if history is any guide, natural resources will progressively become less costly, hence less scarce, and will constitute a smaller proportion of our expenses in future years.

The special sphere of finance within economics is the study of allocation and deployment of economic resources, both spatially and across time, in an uncertain environment. To capture the influence and interaction of time and uncertainty effectively requires sophisticated mathematical and computational tools.

If we do not have the economic resources to be a leader, it’s going to affect our foreign policy.

Basic philosophy, spirit and drive of an organization have far more to do with its relative achievements than do technological or economic resources, organizational structure, innovation and timing.

I never had the help of money in the background - it could be the cherry on the top a little bit - whereas some others had that to offer.

The basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending, in a manner as nearly consistent as possible with full utilization of economic resources and low and stable inflation. In other words, the best way to get out of trouble is not to get into it in the first place.

Xenophobia manifests itself especially against civilizations and cultures that are weak because they lack economic resources, means of subsistence or land. So nomadic people are the first targets of this kind of aggression.

What gets me up in the morning is either my daughter crawling into bed or my sons having to go to school. I love my family. They need a certain level of economic resources. They need my time. They need my attention. That's why I do what I do...and don't do what I don't do what I don't do.

If God had meant there to be more than two factors of production, He would have made it easier for us to draw three-dimension al diagrams.

At the beginning of World War II the U.S. had a mere 600 or so first-class fighting aircraft. We rapidly overcame this short supply by turning out more than 90,000 planes a year. The question at the start of World War II was: Do we have enough funds to produce the required implements of war? The answer was No, we did not have enough money, nor did we have enough gold; but we did have more than enough resources. It was the available resources that enabled the US to achieve the high production and efficiency required to win the war. Unfortunately this is only considered in times of war.

Lastly, there is bankruptcy, as the United States pours its economic resources into ever more grandiose military projects and shortchanges the education, health, and safety of its citizens.

And I believe that it becomes a troubled continent because there are those who must always cause confusion so that we do not keep these natural resources.

I was very clear that we'd invest much more in shelter space to get people off the streets, out of doorways, out from overpasses and get them connected with services - whatever services they need, whether it's mental health whether its addiction or economic resources.

Economic resources are not all that matter in people's lives.

Money's an instrument. The Bible says money answereth all things.

If we offer something to Bangladesh, it's obvious that Bangladesh is offering something to us. And why shouldn't Bangladesh be able to keep its promises? Economically it's full of resources and can stand on its feet. Politically it seems to me led by trained people. The refugees who took shelter here are going home.

We should not be strangling ourselves economically by not utilizing the resources we have been given or by putting them off-limits.