Bertrand Russell Quotes

The War of 1812 has given new direction to wealth and industry in the United States, and manufacturers grew up as if by magic.

We are fifty or a hundred years behind the advanced countries. We must make good this distance in ten years. Either we do it, or they will crush us.

I dream of India becoming a great economic superpower.

In my fifty years of experience and memory, I have seen the most amazing increase in the standard of living of a people ever achieved anywhere in the world. This is why I am so sure that our system of free competition and industrial development is sound and must be preserved.

Industrial America always wanted to have America characterized by strong institutions.

I'm not happy exporting jobs but we must move ahead in technology and patents. I don't like losing any jobs but we'll see new opportunities created selling products there. We'll have a net increase in economic activity, just as we did with free trade. It's tempting to want to protect our markets and stay closed. But at some point it all comes crashing down and you're hopelessly left behind. Then you are Russia.

...industrialisation took centuries, rather than decades

Without a consumer society there was no need for an industrial revolution.

The industrial revolution in the new century is, in essence, a scientific and technological revolution, and breaking through the cutting edge is a shortcut to the building of an economic giant.

Towards the end of the eighteenth century the industrial-financial revolution began.

The German people were not denied, however, the possibility of improving their lot by hard work over the years. Industrial growth and progress were not denied them.

Learning from the American experience, governments around the world have developed national innovation policies and programs to accelerate their economic prosperity and to help their citizens and companies compete globally.

I see in industrialization the central problem of building in our time. If we succeed in carrying out this industrialization, the social, economic, technical, and also artistic problems will be readily solved.

The accumulation of skill and science which has been directed to diminish the difficulty of producing manufactured goods, has not been beneficial to that country alone in which it is concentrated; distant kingdoms have participated in its advantages.

America's peak years of indigenous innovation ran from the 1820s to the 1960s. There were a few financial panics and two depressions, to be sure. But in this period, a frenzy of creative activity, economic competition and rapid growth in national income provided widening economic inclusion, rising wages for all, and engaging careers for most.

As an economic historian, I appreciate what manufacturing has contributed to the United States. It was the engine of growth that allowed us to win two world wars and provided millions of families with a ticket to the middle class. But public policy needs to go beyond sentiment and history.

You all know how powerful and varied are the effects of which steam engines are capable; with them has really begun the great development of industry which has characterised our century before all others.

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.

Ever since the Industrial Revolution, investments in science and technology have proved to be reliable engines of economic growth. If homegrown interest in those fields is not regenerated soon, the comfortable lifestyle to which Americans have become accustomed will draw to a rapid close.

War has had a beneficial consequence for our industry.

The spirit of manufacture has taken deep root among us, and its foundations are laid in too great expense to be abandoned.

Every new mine, furnace, and factory is an extension of the productive capacity of the State more real and valuable than added territory.

For the first time since the 15th century, China is becoming a major economic power.

In the industrial age natural, history and cultural artifacts had more utilitarian functions such as the development of industry and the promotion of patriotism.

If Russia is to be a great power, it will be, not because of its nuclear potential, faith in God or its president, or Western investment, but thanks to the labor of the nation, faith in knowledge and science and the maintenance and development of scientific potential and education.