Economic Governance Quotes

I am against market fundamentalism. I think this propaganda that government involvement is always bad has been very successful - but also very harmful to our society.

The corporate State considers that private enterprise in the sphere of production is the most effective and useful instrument in the interest of the nation. In view of the fact that private organisation of production is a function of national concern, the organiser of the enterprise is responsible to the State for the direction given to production.

The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution.

The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum for determining the "rule of the game" and as an umpire to interpret and enforce the rules decided on.

The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception.

The economy itself is of such social importance that its major resources and means of production should be open to democratic participation and subject to democratic social regulation.

You need a government that believes in government. It also believes in markets and wants to give markets the best, the greatest opportunity, but is trying to govern well.

I wish it were possible to obtain a single amendment to our constitution ... an additional article, taking from the federal government the power of borrowing.

It is only the novice in political economy who thinks it is the duty of government to make its citizens happy - government has no such office.

The Fed's policy choices can always be debated, but the quality and commitment of the Federal Reserve as a public institution is second to none, and I am proud to lead it.

Bad as "independence" is, the main fault of the Federal Reserve System - an admirable system if conducted in the public interest - is that too much power and control rests in the hands of people whose private interests are directly affected by the Federal Reserves' actions.

States created markets. Markets require states. Neither could continue without the other, at least, in anything like the forms we would recognize today.

We are bringing technology into governance in a very big way. This is making governance easy, effective, economic and transparent.

The regulation of commerce, it is true, is a new power; but that seems to be an addition which few oppose and from which no apprehensions are entertained.

While admirers of capitalism, we also to a certain extent believe it has limitations that require government intervention in markets to make them work.

E-governance is easy governance, effective governance, and also economic governance. E-governance paves the way for good governance.

As wiser Physicians tamper not excessively with their Patients, rather observing and complying with the motions of nature, then contradicting it with vehement Administrations of their own; so in Politicks and Economics the same must be used;

Instead of saying that globalization is a fact, that it's inevitable, we've also got to demonstrate that while the growing interdependence of the world economy is indeed a fact, it's not uncontrollable.

I am not saying that government has nothing to offer. Government has an important role in fostering an environment conducive to business creation while also protecting its citizens. These are not mutually exclusive.

The financial system has to be regulated, we have to end with the tax havens, and it's necessary that the central banks in the world should control a little bit the banks' financing because they cannot bypass a certain range of leverage.

The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it's easier for the central bank to guard its independence from political pressure when it mainly holds government securities.

The problem with the World Bank and the IMF [International Monetary Fund] is that they have no constituency in the United States.

It is impossible to build Europe on only deregulation ...

The economy is governed through cartel agreements and monopoly. The attorney general is the one who's controlling funds. There is no free business in Georgia.

The real obstacle to progress in Nigeria is not a lack of resources; it is who controls them and how they are used.