modern economy Quotes

American and world history show that if you want minimal government, you can have it—but only if you want almost everyone in your society also to be a dirt-poor, subsistence farmer. If you want a prosperous, growing modern economy, you need high specialization and a huge, complex, interdependent network of individuals, businesses, research centers and education. And only government has the authority or money to regulate that network and to regularly pump in the targeted funds needed to sustain and grow it.

It's a good thing I was born in this century, when superfluous television seems to be part of the economy.

Free competition and the open market system as they were known in the old days, have lost their places in the system, and that the only substitute for them, in these modern times, is government regulation and control.

Well, I'm not trying to get rid of the unions, but I am saying that they appear to be an antiquated concept in today's economy.

A historic investment in jobs, debt-free college, profit sharing, making those at the top pay their fair share, putting families first in a modern economy and a democracy where working people's voices are actually heard. That is what we are fighting for in this election.

The modern economy is becoming a place where women hold the cards.

The socialism of centralised state control of industry and production, is dead. It misunderstood the nature and development of a modern market economy. It failed to recognise that the state and public sector can become a vested interest capable of oppression as much as the vested interests of wealth and capital. it was based on a false view of class that became too rigid to explain or illuminate the nature of class division today.

Khomeini had spent far more time thinking about the religious penalties for fornicating with animals than how to run a modern economy.

Stop viewing China like it's the Cold War. Start viewing them as a modern member of the industrialized world.

For when asceticism was carried out of monastic cells into everyday life, and began to dominate worldly morality, it did its part in building the tremendous cosmos of the modern economic order. This order is now bound to the technical and economic conditions of machine production which to-day determine the lives of all the individuals who are born into this mechanism, not only those directly concerned with economic acquisition, with irresistible force. Perhaps it will so determine them until the last ton of fossilized coal is burnt.

Our approach to economic development must be modern, focused and in tune with the global trend.

Private information is practically the source of every large modern fortune.

If the Wright Brothers were alive today, Orville would have to lay off Wilbur.

There is no left or right in economic management today.

We live in an information and knowledge-based economy.

[Foreign] Trade is necessary to modern comfort and prosperity.

You can't be a first-world economy in the 21st century if you haven't laid the groundwork to seize the opportunities.

The most vital issue of the age is whether the future progress of humanity is to be governed by the modern economic and materialistic mind of the West or by a nobler pragmatism guided, uplifted and enlightened by spiritual culture and knowledge.

No politician can praise unemployment or inflation, and there is no way of combining high employment with stable prices that does not involve some control of income and prices. Otherwise the struggle for more consumption and more income to sustain it-a struggle that modern corporations, modern unions and modern democracy all facilitate and encourage-will drive up prices. Only heavy unemployment will then temper this upward thrust. Not many wish to confront the truth that the modern economy gives a choice only between inflation, unemployment, or controls.

It shouldn't be easier for a company to get a tax break on buying another robot than training their employees to gain new skills for the modern economy.

Indeed, Britain was set to repeat the old, familiar cycle of boom and bust. Since then, we have created and rigorously adhered to a new framework of modern economic management

There was a time when a fool and his money were soon parted, but now it happens to everybody.

Conservatives have no understanding of modern capitalism. They have a distorted understanding of the traditional values they claim to defend.

I think the big challenge that we've got on education is making sure that from kindergarten or prekindergarten through your 14th or 15th year of school, or 16th year of school, or 20th year of school, that you are actually learning the kinds of skills that make you competitive and productive in a modern, technological economy.

I believe for the first time in history, entrepreneurship is now a viable career.