No nation, rich or poor, democratic or authoritarian, can escape the fundamental economic imperatives of the global market. No nation can escape its discipline. No nation can avoid its responsibility to do its part
Those who claim they are the prisoners of the laws of economics, only testify that they are prisoners of the idol.
The “natural laws of economics” are in fact tools in the hands of the avaricious and the greedy for keeping down and oppressing the laboring classes.
No country can violate the laws of economic gravity too long.
High mandated minimum wages will throw people out of work and onto the welfare rolls in cases where unemployment benefits exist. When it comes to welfare payments, they obey the laws of economics, too. Indeed, if something - like unemployment - is subsidized, more of it will be produced.
The economic world, like the physical world, has its laws. We may misunderstand them, but we cannot escape them. Sometimes they act with us, sometimes against us. They please us, but they never consider us. It is for us to consider them.
Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.
The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
