Economic Policy Quotes

• An economic policy which does not consider the well-being of all will not serve the purposes of peace and the growth of well-being among the people of all nations.

  Eleanor Roosevelt

  People, Growth, Doe

  3 Copy quote

• Economic policies need to be analyzed in terms of the incentives they create, rather than the hopes that inspired them.

  Thomas Sowell

  Needs, Incentives, Inspired

  Thomas Sowell (2010). “Basic Economics 4th Ed: A Common Sense Guide to the Economy”, p.45, Basic Books

  7 Copy quote

  Show source

• Any nation that allows the government to dominate its monetary and economic policies will ultimately suffer grave consequences.

  James Cook

  Government, Suffering, Economic

  3 Copy quote

• And judging what is appropriate or not appropriate for a country, I think it is important in particular in judging what is the appropriate economic policy framework, one should take into account the overall political environment and the institutional framework within which economic policy operates.

  Lucas Papademos

  Country, Thinking, Judging

  "Cnbc’s Chief International Correspondent Michelle Caruso-Cabrera Speaks With Greek Prime Minister Lucas Papademos". Interview with Michelle Caruso-Cabrera, www.cnbc.com. January 15, 2012.

  6 Copy quote

  Show source

• Progressive economic policies lead to a sustainable economy.

  Keith Ellison

  Progressive, Economic, Economy

  "This Is Our Moment" by Rep. Keith Ellison, www.huffingtonpost.com. July 27, 2011.

  16 Copy quote

  Show source

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

  Paul Krugman

  Vices, Usual, Virtue

  "Depression Economics Returns" by Paul Krugman, www.nytimes.com. November 14, 2008.

  3 Copy quote

  Show source

• In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.

  Mark Zandi

  Thinking, Differences, Normal

  3 Copy quote

• Good economic policy requires not so much the bravado to implement drastic change as the strength and wisdom to make reasonable trade-offs over the many years it takes to transform a country's standard of living.

  Peter Blair Henry

  Country, Years, Economic

  Peter Blair Henry (2013). “Turnaround: Third World Lessons for First World Growth”, p.7, Hachette UK

  15 Copy quote

  Show source

• I have always believed that the ultimate purpose of economic policies and development policy is to meet the basic needs of our people. And for that, we need a fast-expanding economy.

  Manmohan Singh

  People, Needs, Purpose

  3 Copy quote

• The media has brainwashed the electorate to expect the government to do something. The best economic policy of any government is to do nothing but reduce the size of the government, reduce the size of the laws, and reduce the size of regulations.

  Marc Faber

  Government, Media, Law

  8 Copy quote

• I think that one of the things that we all agree to is that the touchstone for economic policy is, does it allow the average American to find good employment and see their incomes rise; that we can't just look at things in the aggregate, we do want to grow the pie, but we want to make sure that prosperity is spread across the spectrum of regions and occupations and genders and races; and that economic policy should focus on growing the pie, but it also has to make sure that everybody has got opportunity in that system.

  Barack Obama

  Opportunity, Thinking, Race

  "After the Great Recession". Interview with David Leonhardt, www.nytimes.com. April 28, 2009.

  3 Copy quote

  Show source

• State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.

  Ludwig von Mises

  Growth, Done, Regulation

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.426, VM eBooks

  14 Copy quote

  Show source

• Economic policies command bipartisan support only when they're incoherent.

  Steven Landsburg

  Support, Democracy, Economic

  3 Copy quote

• It is doubtful that the government knows much more than the public does about how government [Economic] policies will work.

  W. Allen Wallis

  Government, Doe, Economic

  3 Copy quote

• Economic policy and decision making do not function in a political vacuum.

  Manmohan Singh

  Decision, Political, Vacuums

  "PM's McKinsey Quarterly Interview". Interview with Rajat K. Gupta, archivepmo.nic.in. 2005.

  3 Copy quote

  Show source

• We've got to ride the global-warming issue. Even if the theory of global warming is wrong, we will be doing the right thing in terms of economic policy and environmental policy.

  Tim Wirth

  Kyoto Protocol, Issues, Environmental

  17 Copy quote

• Milton Friedman’s misfortune is that his economic policies have been tried.

  John Kenneth Galbraith

  Economic, Milton, Policy

  4 Copy quote

• We who live in free market societies believe that growth and prosperity, and ultimately human fulfillment are created from the bottom up, not the government down.

  Ronald Reagan

  Believe, Government, People

  "A MAN TRUE TO HIS WORD".

  51 Copy quote

  Show source

• To see economic policy as a problem of choice between rival ideologies is the greatest error of our time.

  John Kenneth Galbraith

  Errors, Choices, Investing

  John Kenneth Galbraith (2017). “Money: Whence It Came, Where It Went”, p.351, Princeton University Press

  10 Copy quote

  Show source

• After 20 years in Congress, I still believe that smaller government and lower taxes are the most effective economic policies.

  Howard Coble

  Believe, Government, Years

  6 Copy quote

• It is only through popular consultation and exchange with the people about social and economic policies that we were going to define the strategic direction of Cuba in the next years. To reach prosperous and sustainable socialism, which is our aspiration, we discussed that with the entire population.

  Alejandro Castro Espin

  Years, People, Population

  "The Future of Cuba". Interview with Lasonas Pipinis Velasco, www.counterpunch.org. February 27, 2015.

  3 Copy quote

  Show source

• In a democracy the responsibility for the Government's economic policies, which so affect the economy, normally rests with the elected representative of the people: in our case, with the President and the Congress. If these two follow economic policies inimical to the general welfare, they are accountable to the people for their actions on election day. With Federal Reserve independence, however, a body of men exist who control one of the most powerful levers moving the economy and who are responsible to no one.

  Wright Patman

  Powerful, Moving, Responsibility

  3 Copy quote

• The corporation is not an independent "person" with its own rights, needs, and desires that regulators must respect. It is a state created tool for advancing social and economic policy.

  Joel Bakan

  Independent, Rights, Desire

  Joel Bakan (2005). “The Corporation: The Pathological Pursuit of Profit and Power”, p.158, Simon and Schuster

  3 Copy quote

  Show source

• Inappropriate macro economic policies in some economies, characterised by [a] low savings rate and high consumption [and] failure of financial supervision and regulation to keep up with innovation which allowed financial derivatives to spread.

  Wen Jiabao

  Innovation, Saving, Regulation

  3 Copy quote

• By leveraging their freedom from the bonds of location, corporations could now dictate the economic policy of governments.

  Joel Bakan

  Government, Corporations, Location

  Joel Bakan (2005). “The Corporation: The Pathological Pursuit of Profit and Power”, p.22, Simon and Schuster

  6 Copy quote

  Show source