Economic Integrity Quotes

Nothing is more important than the issue of bribery, corruption, and illicit payments. This plague puts a premium on illegal activity while ignoring price and quality. It is impossible to develop confidence in an international trading system when bribery and corruption are such prevalent aspects of many economies in the world.

Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.

America's highest economic need is higher ethical standards -- enforced by strict laws and upheld by responsible business leaders.

Letting people into WTO who intend to cheat is obviously a mistake.

I have never believed in the fallacy that the federal government can buy its way out of economic troubles through needless spending. For that reason, I am proud to oppose 'stimulus' packages and endless corporate bailouts, which will do little but weaken the long-term integrity of the American economy.

The problems that exist on Wall Street today go to the center of a debate in this country about wealth and democracy. We cannot keep our democracy if those who are in charge of handling the engines of our economy are not honest with their shareholders. That's why there is a role for government regulation here. That role for government is breaking up the monopolies, insisting on public disclosure, insisting on public audits, insisting on restitution whenever someone has been cheated.

Our participation in the single market, and our ability to help set its rules is the principal reason for our membership of the EU. So it is a vital interest for us to protect the integrity and fairness of the single market for all its members.

Economists get very uncomfortable when you talk about virtue and vice. It doesn't lend itself to a lot of columns with numbers. But I would argue that there are big virtue effects in economics. I would say that the spreading of double-entry bookkeeping by the Monk, Fra Luce de Pacioli, was a big virtue effect in economics. It made business more controllable, and it made it more honest.

I've been given my money. Nobody has ever beaten me out of one quarter. And that's all I've ever been concerned about.

Healthy competition is good for the global economy. Criminal conduct is not. Rampant theft is not. Cheating is not.

Part of America's greatness is its willingness to care for those who are truly in need. But those who defraud the system take money and resources away not only from American taxpayers but also from those who truly need help.

I am proof that you can you make money in Italy and be honest.

For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission... was an act of cowardice. Rather than man up and say fix this, its broken, we can't afford it.

The devaluation of words and promises regarding free enterprise is, in principle, worse than the devaluation of the rouble

As soon as one bad actor like China massively cheats, they win at the expense of us; they win at the expense of Europe and over time it threatens the entire integrity of the global financial system and the global trading system.

The suggestion that we may devaluate the gold dollar fifty per cent means national repudiation. To me, it means dishonor. In my conception of it, it is immoral.