Economic Roles Quotes

Government has a habit of blaming the private sector for its own failings while taking credit for advances we in fact owe to the private sector.

... in a capitalist society a man is expected to be an aggressive, uncompromising, factual, lusty, intelligent provider of goods,and the woman, a retiring, gracious, emotional, intuitive, attractive consumer of goods.

We must have been hunters and gatherers but some of us were just waiters and hopers.

Rich dad went on to explain that the world was filled with different types of entrepreneurs. There are entrepreneurs who are big and small, rich and poor, honest and crooked, for-profit and not-for-profit, saint and sinner, small town and international, and successes and failures. He said, "The word entrepreneur is a big word and it means different things to different people."

The proportion of mental workers increases with the cultural development of the people…. The capitalist, or entrepreneur contributes mental labor to his enterprise. His work is that of organizing and managing the business. The wage-earner’s contribution consists chiefly of physical labor.

Lords are gold and knights steel, but two links can't make a chain. You also need silver and iron and lead, tin and copper and bronze and all the rest, and those are farmers and smiths and merchants and the like. A chain needs all sorts of metals, and a land needs all sorts of people.

Many people crave security and stability rather than risk-taking, and that doesn't make them any less American. They are the workers rather than the job creators, and all societies need both.

A gardener who cultivates his own garden with his own hands, unites in his own person the three different characters, of landlord, farmer, and labourer. His produce, therefore, should pay him the rent of the first, the profit of the second, and the wages of the third.

The social and legal discrimination that relegates hundreds of women to subordinate or marginal economic roles has a huge aggregate cost.

Shopkeepers are not bankers.

Competitive skills are desperately needed by poor children in America, and realistic recognition of the economic roles that they may someday have an opportunity to fill is obviously important, too. But there is more to life, and there ought to be much more to childhood, than readiness for economic functions.

If you're a realist, you know that people have different roles to play in politics, economics, and this is an important role, but I do think that there has to be an understanding of how what happens here on Wall Street has such broad consequences not just for the domestic but the global economy, so more thought has to be given to the process and transactions and regulations so that we don't kill or maim what works, but we concentrate on the most effective way of moving forward with the brainpower and the financial power that exists here.

The Germans are clear about what they do - cars and machine tools; the Japanese are clear about what they do - electronics; the Chinese are clear about what they do - they're the workshop of the world.