Prosperity Quotes
Three days before the Great Depression Stock Market crash
Napoleon recognized that technology and science were major factors in innovation and economic development and that mathematics was necessary for that and for economics, and therefore placed a great deal of emphasis on mathematics education. He was a fairly competent mathematically himself having been an artillery officer early in his career.
The Barbary Pirates of Algiers, led and controlled by the Bey or Dey (king) had an incredible extortion racket going in the Mediterranean. If nations would pay them an annual sum each year, they would not attack and seize merchant ships of that country and sell the ships and goods while holding the sailors for ransom. The only thing that the Algerians seemed to be interested in was money and religion.
One economic view of economic development is that the government should invest in education, scientific research, and infrastructure which will produce and stimulate economic growth. The contrary is that taxation takes capital out of the private sector that is needed for investment to produce economic growth. Both sides are correct. In the United States for example three of the greatest economic stimulants were the building of the Railroads, the National Highway System, and the Internet all developed in large part with taxpayer dollars. At the same time taxes do diminish the amount of private capital available for the economy. These are tradeoff decisions like most things in economics.
Actually originated by William Jennings Bryan in a 1900 campaign speech. See {640984} . The slogan became the name and first line of a poem and also a song. See {609937}
Likely misattributed. The phrase was popularized by the writer Orville Schell in "To Get Rich Is Glorious: China in the '80s" (1984) but Schell never actually attributed the words to Deng, telling the L.A. Times's Evelyn Iritani in 2004 that it merely "grew out of the zeitgeist" of China's economic reforms.
In 1811 Jefferson had a slightly different version: The happiness and prosperity of our citizens is the only legitimate object of government.
1st Earl of Beaconsfield
