George Akerlof Quotes

Adam Smith pointed out that there were three things that make us more prosperous, in a general sort of way: freedom to pursue our own self-interest; specialization, which he called division of labor; and freedom of trade.

Roaming the world as a foreign correspondent for more than a decade, I was able to observe how a variety of vastly different nations organized themselves economically. The inescapable conclusion was that no politician anywhere on the planet has ever actually created a rupee's worth of prosperity.

Economic prosperity is a great engine for change.

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

Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things.

Economic success is the vital underpinning of every happy nation.

True prosperity can only come from a healthy economy and sound money. That can only be achieved in a free society.

Productivity growth is the only possible way to achieve prosperity.

We're going to make America rich again. We're going to make our country great again. And we need the rich in order to make the great.

We're going to make America wealthy again, because if you don’t do that, it just - it sounds harsh to say, but we have to build up the wealth of our nation.

Manufacturing is the most important...route to prosperity.

I dream of India becoming a great economic superpower.

The new Rwanda is about building an economy that delivers prosperity and opportunity for our citizens based on a robust private sector. Foreign adventures would be costly and counterproductive distractions from these challenging objectives.

We want people to take care of themselves. We want people to provide for themselves. We want people to enjoy the fruits of their labors. We want people to enjoy reaching out and making their dreams come true. We want people to realize their life's dreams and passions. You need a growing economy for this.

I'm all for prosperity. It's change I object to.

As it is with an individual, so it is with a nation. One must produce to have, or one will become a have-not.

I believe that the free enterprise system is the greatest engine of prosperity the world's ever known.

A country becomes more prosperous in proportion to the rise in the invested capital unit per unit of its population.

Only in more production and in new production can the American standard of living be increased and the economy be sound.

Not evil, but good, has come to the race from the accumulation of wealth by those who have the ability and energy that produce it.

Labor is discovered to be the grand conqueror, enriching and building up nations more surely than the proudest battles.

Our GDP growth rates are creating - our high GDP growth rates, the success of our economy means we're creating lots of disposable income.

As President, I am determined to offer leadership to overcome our current economic problems. My goal is for jobs for all who want to work and economic opportunity for all who want to achieve.

The economic welfare of all our people must ultimately stem not from government programs, but from the wealth created by a vigorous private sector.

Just spreading the money around - that isn't what makes people better off; it's having more and better goods and services.