Economic Rules, Economic Regulations Quotes

As President Obama clearly said just a few months ago, China must play by the international rules, the international trading system from which they've benefited so much.

When depression economics prevails, the usual rules of economic policy no longer apply: virtue becomes vice, caution is risky and prudence is folly.

Why respect the rules of the system … if the system consistently generates crises?

To survive, China had to open up to the West. It could not survive otherwise. This was after many millions have died of hunger in a country that was like North Korea is today. Once we became part of global competition, we had to agree to some rules. It's painful, but we had to. Otherwise there was no way to survive.

God has permitted buying and selling and forbidden usury …. those who revert to usury are doomed to everlasting hellfire …

The economy is not immutable; it's not about natural laws. It's about rules, and we make the rules.

What we want is to establish the rules of a market economy - not to plan its outcome.

I have faith in the market when we get the rules right.

We are in a global economy whether we like it or not. And we believe - I believe - that America should be at the table writing the rules of the global economy instead of China.

Latin America was the most obedient follower of the neoliberal regime that was instituted by the United States, its allies and the international financial institutions. They followed it most rigorously. Almost everyone who's followed those rules, including the Western countries, have suffered. And in Latin America they suffered severely.

Our system of market capitalism wasn't handed down, in perfect form, on stone tablets. We wrote the rules. We broke them. And we can fix them.

There is no way out of playing by the rules of the international economy if you wish to be a part of it.

To be in the EU, it means to have same rules of... for economy, for social life, to be together in the majority of European countries.

I've said this when I pass the trade promotion authority law, which allows us to get trade agreements. If we write the rules of the global economy, we will succeed in the 21st century. But we have to write those rules, we have to engage, and I think the president [Donald Trump] said Trans-Pacific Partnership is not the way to do it.

With neoliberalism discredited and austerity failed, we need to rewrite the rules of the economy once again. But this time in the right way. We need rules that focus on long-term economic growth, and the only kind of sustainable prosperity is shared prosperity.

Nearly every policy during the Obama years was anti-growth: tax increases; minimum-wage hikes; ObamaCare; Dodd-Frank regulations; massive debt spending; the Paris climate change accord; an EPA assault against American energy; massive expansions of food-stamps programs and more.

In Germany it is good if as many people as possible join initiatives and peaceful demonstrations against the rule of the financial markets. Worshipping the unfettered freedom of global markets has brought the world to the brink of ruin. We now need social and ecological rules for the market economy.

The Court’s jurisprudence is focused more than anything else on who under the Constitution gets to decide policy, not what that policy should be. This is the main reason Democrats and the press corps are furious about the Court’s decisions. For decades they have counted on a majority of Justices to deliver or bless the policy results they want: on abortion, voting rights, healthcare, racial preferences, climate and economic regulation. You name it, the Court found ways to deliver it with balancing tests, trimester analysis, and the discovery of unenumerated rights between the lines of the Constitution’s text. For decades conservative critics have argued that the role of the Court should be different—supporting rights that are actually in the Constitution, but otherwise enforcing the separation of powers so each branch of government stays in its lane as defined by the Founders. With the arrival of three new Justices nominated by Donald Trump and shepherded to confirmation by GOP Senate leader Mitch McConnell, that Court has arrived.

I've been a foodie most of my life. I started when I lived for a year in Germany in my early 20s, and here was this new food environment, and I decided I needed to make sense of it. And I found it was the rules of economics that do the best job. Food is a capitalist product of supply and demand.

The more we allow Republicans to concentrate the lion's share of wealth in the hands of a few, the more power these wealthy few will have. And they will use this power to continue rewriting the rules of both our economy and our political system in their favor.

Everybody has to look after their own economy and follow the rules.

Little by little, The Depression era regulations that had served America so well were rolled back and finance became the dominant force that it is today. The shifts were bi-partisan and, to be fair, seemed like good idea at the time. But they also came with unintended consequences.

Most globalism opposition groups believe “that the foreign trade policy- making process was undemocratic and that it elevated global concerns over domestic ones.” Non-elected bureaucrats working largely behind closed doors were responsible for setting international trade rules that affected agriculture, services, trade-related investment measures, intellectual trade in goods; and over-saw a binding international dispute settlement process with little (if any) input from the domestic citizens and groups who would be affected by these economic rules and political mechanisms.

Our participation in the single market, and our ability to help set its rules is the principal reason for our membership of the EU. So it is a vital interest for us to protect the integrity and fairness of the single market for all its members.

What we collectively decide about how to bail out our economy, how to pull our economy out of a ditch and what rules we put in place to make sure this problem does not happen again, will shape our country for the next 50 years. This is it.