Economic Framework Quotes

I think what they've been doing is largely almost in firefighting mode without a good conceptual framework - either at the micro or the macro level. Micro, you would ask: "What kind of financial or banking system do we want?" Macro, you would say: "What are the underlying problems in the structure of our economy?"

I think I'm basically a liberal Conservative - I believe in low tax, spirit of free enterprise, and in making sure that we as politicians create the framework for business to produce the dosh that we're going to need to pay for the poorest. And the longer I live, the more I think that we all have a duty to each other.

As a scholarly discipline, economics has always suffered from physics envy.

What I have done is to show the importance for the working of the economic system of what may be termed the institutional structure of production.

Indeed, Britain was set to repeat the old, familiar cycle of boom and bust. Since then, we have created and rigorously adhered to a new framework of modern economic management

U. S. [world] leadership has endured, in part because American principles are embedded in the international economic framework.

You know economists; they're the sort of people who see something works in practice and wonder if it would work in theory.

Meaningful solutions to the problems of mass poverty that prevails in India I believe can only be found in the framework of an expanding economy.

I have always said that human beings are multidimensional beings. Their happiness comes from many sources, not, as our current economic framework assumes, just from making money.

We've got a wonderful economic formula in this country.

The appropriate role of government is to provide the framework that allows capital to flow freely, in accord with the law of supply and demand. That is how jobs, businesses and wealth are created. The government would have no money to distribute or spend without the tax revenue generated from the jobs and businesses that are the fruit of our capitalist system.

I am saying that the economic approach provides a valuable unified framework for understanding all human behaviour

No one can solve an issue where there is no economic model yet.

I think, if you create the right economic framework in terms of government policy, that Saskatchewan can continue to succeed and grow. Instead of having people migrate from Saskatchewan, they will be migrating to Saskatchewan.

It is a responsibility we perceive from the entire international community to protect the stability of the single currency as well as the European frame work.

We have accepted there is a big role for government to create a framework where businesses can grow in all parts of the country.

We've got to make sure that we rebuild the infrastructure in America, because we used to be - have the best bridges, the best roads, the best airports. And now, when you go to China or you go to Europe, you see that they are outstripping us in terms of infrastructure. And if we put people back to work, that would be good not only in the short term, but it would also lay the foundation, the framework for long-term economic and job growth.

We spend trillions of dollars to travel around the world, but it's in everybody's interest that we have a better framework, and not just for the United States but for the entire world, in which to operate and trade.

If one writing contributed more than any other to the framework in which this work Sowell's Knowledge and Decisions developed, it would be an essay entitled 'The Use of Knowledge in Society,' published in the American Economic Review of September 1945, and written by F. A. Hayek . . In this plain and apparently simple essay was a deeply penetrating insight into the way societies function and malfunction, and clues as to why they are so often and so profoundly misunderstood.