Top 83 Economic Problem Quotes
#1. There is no economic problem and, in a sense, there never has been.
E.F. Schumacher
#2. The federal budget deficit isn't the nation's major economic problem and deficit reduction shouldn't be our major goal.
Our problem is lack of good jobs and sufficient growth, and our goal must be to revive both.
Robert Reich
#3. The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.
John Maynard Keynes
#4. The Economic Problem ... the problem of want and poverty and the economic struggle between classes and nations, is nothing but a frightful muddle, a transitory and unnecessary muddle.
John Maynard Keynes
#5. The Negro's economic problem was compounded by the emergence and growth of automation. Since discrimination and lack of education confined him to unskilled and semi-skilled labor, the Negro was and remains the first to suffer in these days of great technological development.
Martin Luther King Jr.
#6. After the First World War the economic problem was no longer one of production. It was the problem of finding markets to get the output of industry and agriculture dispersed and consumed.
John Boyd Orr
#7. I was asked something about the economic problem of Communism. I answered, citing Dostoyevsky: The problem of Communism is not an economic problem. The problem of Communism is the problem of atheism.
Whittaker Chambers
#8. The best way to deal with any economic problem is to let the market work it through.
Marc Faber
#9. Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It is an inequitable distribution of productive power, from which an unworkable distribution of income results.
Louis O. Kelso
#10. To the liberal class, every big economic problem is really an education problem, a failure by the losers to learn the right skills and get the credentials everyone knows you'll need in the society of the future.
Thomas Frank
#11. Economic problems have no sharp edges. They shade off imperceptibly into politics, sociology, and ethics. Indeed, it is hardly an exaggeration to say that the ultimate answer to every economic problem lies in some other field.
Kenneth E. Boulding
#12. You can't have a healthy economy without sound money, which is why we're on the verge of very serious economic problem.
Ron Paul
#13. The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power.
Ludwig Von Mises
#14. Hunger is not just an economic problem. It is a moral and spiritual problem.
Fulton J. Sheen
#15. Too many members of Congress believe they can solve all economic problems, cure all social ills, and bring about worldwide peace and prosperity simply by creating new federal programs.
Ron Paul
#16. Thus far we have considered the problem of conservation of land purely as an economic issue. A false front of exclusively economic determinism is so habitual to Americans in discussing public questions that one must speak in the language of compound interest to get a hearing.
Aldo Leopold
#17. I find it impossible to subscribe to a philosophy that believes that the destruction of human life is a legitimate solution to a problem that is mostly social, economic and psychological, ... In reality, most women 'choose' abortion because they believe they have no other choice.
Patricia Heaton
#18. There's this whole problem of trafficking, which has gotten worse in the economic downturn, which disproportionately affects young women, but also affects some young men who are sold into bondage, into basically servitude for indebted work that they can often never escape from.
William J. Clinton
#19. If you give me any problem in America I can trace it down to domestic violence. It is the cradle of most of the problems, economic, psychological, educational.
Salma Hayek
#20. The economic part is the one that came out first because there were some problems about which the press spoke a lot.
Pope Francis
#21. If you ask an economist what's driven economic growth, it's been major advances in things that mattered - the mechanization of farming, mass manufacturing, things like that. The problem is, our society is not organized around doing that.
Larry Page
#22. Our weird problem is an abundance of resources and a shortage of hard economic reasons not to use them.
Bill McKibben
#23. The key words of violent economics are urbanization, industrialization, centralization, efficiency, quantity, speed ... The problem of evolving a nonviolent way of economic life [in the West] and that of developing the underdeveloped countries may well turn out to be largely identical.
E.F. Schumacher
#24. The physical and emotional health of an entire generation and the economic health and security of our nation is at stake. This isn't the kind of problem that can be solved overnight, but with everyone working together, it can be solved. So, let's move.
Michelle Obama
#25. The more central problem of money in politics is something just as troubling but much harder to see: a system in which economic inequalities, inevitable in a free market economy, are transformed into political inequalities that affect both electoral and legislative outcomes.
Richard L. Hasen
#26. The problem of Italy is not really a question of age. Japan has an older population, and it is now in full economic recovery. The problem is that Italy is old in the structure of the society.
Romano Prodi
#27. The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
John Maynard Keynes
#28. The world is a complex, interconnected, finite, ecological-social-psychological-economic system . We treat it as if it were not, as if it were divisible, separable, simple, and infinite. Our persistent, intractable global problems arise directly from this mismatch.
Donella Meadows
#29. There are a lot of problems in the world, a lot of tragic things that have to be addressed, economic, medical, political, all kinds of things, but, to my way of thinking, they pale in comparison to the overall problem of the environmental deadline.
Dean Stockwell
#30. We have reached a profound point in economic history where the truth is unpalatable to the political class - and that truth is that the scale and magnitude of the problem is larger than their ability to respond - and it terrifies them.
Hugh Hendry
#31. The problem with a purely collective system is not only that it requires economic growth, and the right sort of demographic trends, but that it prevents people thinking about their futures in a responsible way.
Jacques Delors
#32. E governance can bring minimum government and maximum governance. It is easy, effective and economic governance. It brings empowerment, equity and efficiency of the economy. It is a very useful field that can be the greatest problem solver of the people.
Narendra Modi
#33. You can achieve great economic gains by solving social problems.
Paul Tudor Jones
#34. I doubt if there is any problem in the world today - social, political or economic - that would not find a happy solution if approached in the spirit of the sermon on the mount.
Harry Truman
#35. Surely, nothing can be more plain or even more trite common sense than the proposition that innovation [ ... ] is at the center of practically all the phenomena, difficulties, and problems of economic life in capitalist society.
Joseph A. Schumpeter
#36. Economics has become increasingly an arcane branch of mathematics rather than dealing with real economic problems.
Milton Friedman
#37. It is therefore our business to restore economic freedom through the restoration of the only institution under which it flourishes, which institution is Property. The problem before us is, how to restore Property so that it shall be, as it was not so long ago, a general institution.
Hilaire Belloc
#38. Unlike the American President's chronic problem of finding ways to give away the country's permanent economic surplus, Soviet Premier Nikita Khrushchev's was the problem of rationing permanent scarcity.
Elie Abel
#39. The world's problem is not too many people, but lack of political and economic freedom.
Julian Lincoln Simon
#40. By seeing the problem of poverty merely in terms of assistance, we overlook that our enormous economic advantage is deeply tainted by how it accumulated over the course of one historical process that has devastated the societies and cultures of four continents.
Thomas Pogge
#41. What you and I understand as a government doesn't exist in many African countries. In fact, what we call our governments are vampire states. Vampires because they suck the economic vitality out of their people. Government is the problem in Africa.
George Ayittey
#42. Here's the problem if you keep raising tax rates: You slow down economic growth.
Paul Ryan
#43. Human creativity is unlimited. It is the capacity of humans to make things happen which didn't happen before. Creativity provides the key to solving our social and economic problems.
Muhammad Yunus
#44. I see in industrialization the central problem of building in our time. If we succeed in carrying out this industrialization, the social, economic, technical, and also artistic problems will be readily solved.
Ludwig Mies Van Der Rohe
#45. Government mandates, incidentally, are likely to distort rather than solve the problem of finding a market. I would, therefore, force my organization to live by its wits rather than to rely on capricious subsidies or non-economic-based regulation to fuel my business.
Clayton Christensen
#46. It is the expensiveness of our pleasures that makes the world poor and keeps us poor in ourselves. If we could but learn to find enjoyment in the things of the mind, the economic problems would solve themselves.
John Lancaster Spalding
#47. The problem of numbers can only be dealt with by recognizing that people have a fundamental right to economic security. If you provide them with economic and environmental security, the population will stabilize itself.
Vandana Shiva
#48. Losing as much money as I can get hold of is an instant solution to my economic problems.
Lucian Freud
#49. Many people see technology as the problem behind the so-called digital divide. Others see it as the solution. Technology is neither. It must operate in conjunction with business, economic, political and social system.
Carly Fiorina
#50. Turkey has a young and growing population. Until recently, this was perceived as a problem, a burden that Turkey would bring to the E.U. But it is, in fact, an asset that can help the population deficit of the E.U. and the economic growth of Turkey.
Ali Babacan
#51. These are economic issues that should get resolved. There are creative solutions to every problem. Hopefully between the lending institutions and the city, we'll be able to find creative solutions.
Bob DuPuy
#52. Climate change is a moral challenge, not simply an economic or technological problem. It is linked to social justice, because it is the poor citizens of the world who will suffer the most from our excesses.
Alison Hawthorne Deming
#53. The backlash convinced the public that women's 'liberation' was the true contemporary American scourge - the source of an endless laundry list of personal, social, and economic problems.
Susan Faludi
#54. All of the economic signals in the marketplace are essentially subsidizing the use of dirty fossil fuels and penalizing clean energy. There's really only one entity in society that can solve that problem, and that is government. And the air is a scarce resource.
Jay Inslee
#55. The problem of living is at bottom an economic one. And this alone is bad enough, even in a period of so-called "normalcy." But living has been considerably complicated of late in various ways - by war, by questions of personal liberty, and by "menaces" of one kind or another.
Benton MacKaye
#56. Prostitution presents a moral, economic and social problem that cannot be resolved juridically.
Federica Montseny
#57. There is no such thing as economics, only social science applied to economic problems.
Kenneth E. Boulding
#58. The problem of racism, the problem of economic exploitation, and the problem of war are all tied together. These are the triple evils that are interrelated.
Martin Luther King Jr.
#59. Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
Ludwig Von Mises
#60. Nothing can take the sting out of the world's economic problems like watching millionaires present each other with golden statues.
Billy Crystal
#61. This is the problem for which revolutionary theory has yet to find the right solution, if there is one. The difficulty is that the economic interests of the two classes are antagonistic.
Garet Garrett
#62. We don't see very far in the future, we are very focused on one idea at a time, one problem at a time, and all these are incompatible with rationality as economic theory assumes it.
Daniel Kahneman
#63. Frankly, [the definition of woman] is a problem that the lesbians do not have because of a change of perspective. 'Woman' has meaning only in heterosexual systems of thought and heterosexual, economic systems. Lesbians are not women.
Monique Wittig
#64. The problem is that many people operate on the assumption that NASA should go to Congress every year with hat in hand and justify it every year. Well, I see it as the greatest economic driver that there ever was. Economic drivers don't need justification.
Neil DeGrasse Tyson
#65. When, in his first inaugural address, Ronald Reagan famously said government is the problem, not the solution, he established the Republican mantra that has not changed in all the years since. It was a clever bit of rhetoric, but it has turned too many Republicans into economic simpletons.
David Horsey
#66. Economists who have studied the relationship between education and economic growth confirm what common sense suggests: The number of college degrees is not nearly as important as how well students develop cognitive skills, such as critical thinking and problem-solving ability.
Derek Bok
#67. I attempted to see famines as broad "economic" problems (concentrating on how people can buy food, or otherwise get entitled to it), rather than in terms of the grossly undifferentiated picture of aggregate food supply for the economy as a whole.
Amartya Sen
#68. No matter how much the government controls the economic system, any problem will be blamed on whatever small zone of freedom that remains.
Sheldon Richman
#69. The problem right now is jobs. The problem right now is the economy and economic growth.
Robert Reich
#70. Had it not been for the race problem early thrust upon me and enveloping me, I should have probably been an unquestioning worshipper at the shrine of the established social order and of the economic development into which I was born.
W.E.B. Du Bois
#71. Gorbachev was acutely aware of the [USSR] economic problems, and it was central to all he did. He wanted to change the system in hopes of saving it. In the end he could not.
David Hoffman
#72. Economic losses like this are really as serious a problem as embezzlement and corruption.
Li Jinhua
#73. The truth seems ... to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant.
Frank Knight
#74. Deficits. Most people of knowledge say it's the biggest single problem facing the economic free world.
David Hartman
#75. I do not think that we have psychological and ethical and economic problems. We have human problems, with psychological, ethical and economical aspects, and as many others as you like.
Mary Parker Follett
#76. "Solid wastes" are the discarded leftovers of our advanced consumer society. This growing mountain of garbage and trash represents not only an attitude of indifference toward valuable natural resources, but also a serious economic and public health problem.
Jimmy Carter
#77. The problem of a rising population destroying more than four tons of soil for every human already alive needs to find its way into corporate board rooms if we are to enjoy future financial, economic and political stability.
Allan Savory
#78. Part of the problem with a war on poverty today is that many Americans have decided that being poor is a character defect, not an economic condition.
Anna Quindlen
#79. I just am a clean air freak. I grew up in the woods. I worked in China for a bit and was exposed to all the resources being used and the pollution and felt strongly that for our generation, the biggest economic and societal problem is energy.
Lynn Jurich
#80. Confronted with economic problems, politicians always blame the private sector first ... [even] blaming the problem on the solution.
Richard L. Gordon
#81. Or perhaps it's "activist," but on environmental and economic problems, without understanding that pressuring women to have too many children is the biggest cause of environmental distress, and economic courses should start with reproduction, not just production.
Gloria Steinem
#82. We therefore have a good chance of overcoming the problem of resource scarcity. The real nemesis of the modern economy is ecological collapse. Both scientific progress and economic growth take place within a brittle biosphere, and as they gather steam, so the shock waves destabilise the ecology. In
Yuval Noah Harari
