Alan H. Meltzer Quotes

Economic development is a great pacifying force.

It is past time to acknowledge that economic growth … is good, and that what the world needs is more of it.

We have become stronger economically; we have been successfully resolving the social problems, raising the level of living - the standards of living - of the population.

I am bullish on the global development. I am bullish on billions of people getting out of poverty.

Growth and prosperity. These are the blocks with which we must build our welfare society.

… authors generally neglect that growth has lifted billions of people out of grinding poverty and that others may remain poor because of the developed world’s environmental concerns …

Young people in the third world can participate in global security if they also can participate in global prosperity.

The way forward for Africa is investment.

We should see better and more direct measurements of economic well being.

If you go back to 1800, everybody was poor. I mean everybody. The Industrial Revolution kicked in, and a lot of countries benefited, but by no means everyone.

India, China, and Latin America have a tremendous stake in the people's century. As their masses learn to read and write, and as they become productive mechanics, their standard of living will double and treble.

Opulent, civilized, and industrious nations, are greater consumers than poor ones, because they are infinitely greater producers.

Growth is not an objective in itself; we should be concerned with standards of living.

Countries with higher incomes on average achieve better human development. I do not believe that growth alone will 'cure' poverty. But I do believe that growth is necessary.

There's no reason the nation of Africa cannot and should not join the ranks of the world's most prosperous nations in the near term, in the decades ahead. There is simply no reason.

Economics spreads happiness.

Our vision is not just of economic growth, but also of a growth which would improve the life of the common man.

Increased means and increased leisure are the two civilizers of man.

It's well proved economics that if a country which is rich and a country that is poor come together in global trade, sooner or later the standard of living of the poor country will go up towards that of the rich country.

Between 2001 and 2011, Brazil lifted 20 million people out of poverty and into its growing middle class, and in the last quarter of the twentieth century Botswana's gross domestic product per capita grew faster than that of any other country on the planet. The once-labeled 'Third World' is edging its way into the 'First World.'

The goal to strive for is a poor government but a rich people.

Africa will thrive.

We all know that China is industrializing at a growth rate of 8 to 10 percent per year. China is on track to pass the U.S. as the largest economy in the world in 20 to 25 years, and China is determined to give its people a chance at this high standard of living that we enjoy.

Poverty and backwardness in the midst of clear waters and verdant mountains is no good, nor is it to have prosperity and wealth while the environment deteriorates.

The ultimate test of the value of a political system is whether it helps that society to establish conditions which improve the standard of living for the majority of its people.