Economic Conditions Quotes

Look at the Weimar Republic and their hyperinflation in the early '20s. It didn't happen overnight. I've used the analogy, it's a lot like soybeans: you plant 'em, you wait. Conditions take some time. You need some sun; you need some water, but ultimately things start to grow, and are we in that phase or not?

Socialism in Russia has not brought about an improvement in the conditions of the average man which can be compared with the improvement of conditions, during the same period, in the United States.

[Russian] Prices for manufactured goods are from two to three times higher [than the world prices]…. our industry is not commercially profitable. At the same time, every private small industry or merchant, notwithstanding the very unfavorable conditions under which he works within the Soviet system, continues to operate and succeeds in making a profit.

If a private investor is raising his hand and saying, 'I don't have the conditions with which to work,' then the government has the responsibility to create those conditions.

That's probably good, all things being equal, for emerging markets, not bad, even though it may not be great for all their currencies.

NASCAR is not immune to the down economy.

Interest is the barometer of the state.

What could be the reason that so many should be permitted to beg who are willing to work?

He [Karl Marx] forgot that man always remains man. He forgot man and he forgot man's freedom. He forgot that freedom always remains also freedom for evil. He thought that once the economy had been put right, everything would automatically be put right. His real error is materialism: man, in fact, is not merely the product of economic conditions, and it is not possible to redeem him purely from the outside by creating a favorable economic environment.

There was no question of the racial superiority of northwestern Europeans or of the racial inferiority of southeastern Europeans. It was simply a question as to which of these two groups of aliens is, as a whole, best fitted by tradition, political background, customs, education, and habits of thought to adjust itself to American institutions and to American social and economic conditions--to become, in short, an adaptable, homogeneous and helpful element in American national life.

The executive [President] could have saved the people from the appalling conditions which confront us today, if all the power of this government had been put forth to enforce the [Sherman] Anti-Trust law.

Any labor which competes with slave labor must accept the economic conditions of slave labor.

In terms of the economics, yes obviously the rise of e-books and how people choose to read books has a big effect on the economics of the game. But whether people are buying them on paper or downloading them there's still some poor wretch in a room who is trying to write a poem, write a story, write a novel. And so my job doesn't change. It's just how people receive it and economic conditions on the ground change, but that doesn't affect what I write.

What's the difference? How can people be so inconsistent? Why is it that free immigration was a good thing before 1914 and free immigration is a bad thing today? Well, there is a sense in which that answer is right. There's a sense in which free immigration, in the same sense as we had it before 1914 is not possible today. Why not?

We can speak of the triumph of capitalism in the world, but we cannot yet speak about the triumph of democracy. There is a serious mismatch between the political and the economic conditions that prevail in the world today.

I'm a big believer in investing for the long term, and the decisions you make shouldn't be made if the economy is good or bad at a specific time.

Bread is high, employment scarce, and wages are low in Europe, and there will be a tide of men flowing into our country that will give value to those lands

Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.

Thus, the isolated interference with one or a few prices of consumer goods always bring about effects-and this is important to realize-which are even less satisfactory than the conditions that prevailed before.

When the euro was born, it was born in the wrong economic circumstances.

When you talk about war on poverty it doesn't mean very much; but if you can show to some degree this sort of thing then you can show a great deal more of how people are living and a very great percentage of our people today.

During the Great Depression, levels of crime actually dropped. During the 1920s, when life was free and easy, so was crime. During the 1930s, when the entire American economy fell into a government-owned alligator moat, crime was nearly non-existent. During the 1950s and 1960s, when the economy was excellent, crime rose again.

The important thing is the struggle everybody is engaged in to get better living conditions.

Freedom demands conditions of an economic, social, political and cultural kind which makes possible its full exercise.

Crime is a product of social excess.