Quotes About Economic Institutions

#1. The adaptive markets hypothesis says that all economic institutions, like our own species, develop and change over time, depending on the population of investors that are engaged with them.

Andrew Lo

#2. The scarcity that afflicts the world is not the fault of either science or nature. The cause is defective economic institutions which abort technology's affluence producing potential.

Louis O. Kelso

#3. Inclusive economic institutions require secure property rights and economic opportunities not just for the elite but for a broad cross-section of society.

Daron Acemoglu

#4. You need in the long run for stability, for economic growth, for jobs, as well as for financial stability, global economic institutions that make sure that growth to be sustained has to be shared, and are built on the principle that the prosperity of this world is indivisible.

Gordon Brown

#5. Much theoretical work, of course, focuses on existing economic institutions. The theorist wants to explain or forecast the economic or social outcomes that these institutions generate.

Eric Maskin

#6. This understanding, underlying constitutional interpretation since the New Deal, reflects the Constitution's demands for structural flexibility sufficient to adapt substantive laws and institutions to rapidly changing social, economic, and technological conditions.

Stephen Breyer

#7. The more consciously democratic Americans became, however, the less they were satisfied with a conception of the Promised Land, which went no farther than a pervasive economic prosperity guaranteed by free institutions.

Herbert Croly

#8. China today has the economy of a twenty-first-century economic superpower with a political regime little changed since the 1950s. Is this slow evolution in political institutions down to the concentration or the dispersion of power?

Matt Ridley

#9. Conservatives believe that international institutions such as the United Nations are anti-American and anti-Israeli cabals. Progressives do not like the economic medicine that the International Monetary Fund (IMF) and World Bank force down the throats of developing countries.

Michael Ignatieff

#10. Economic growth is quite simply incapable of satisfying this democratic and meritocratic hope, which must create specific institutions for the purpose and not rely solely on market forces or technological progress.

Thomas Piketty

#11. Let it be immediately added, however, that this economic independence and prosperity has always been absolutely associated in the American mind with free political institutions.

Herbert Croly

#12. We live in a world where there is a need for pluralistic institutions and for recognizing different types of freedom, economic, social, cultural, and political, which are interrelated.

Amartya Sen

#13. Partly because of the desperate economic situation in the country, what were once the leading institutions of conservatism are constrained.

David Frum

#14. The faith of a church or of a nation is an adequate faith only when it inspires and enables people to give of their time and energy to shape the various institutions - social, economic, and political - of the common life.

James Luther Adams

#15. Political institutions are a superstructure resting on an economic foundation.

Vladimir Lenin

#16. Not only our future economic soundness but the very soundness of our democratic institutions depends on the determination of our government to give employment to idle men.

Franklin D. Roosevelt

#17. Prior to the early 1960s, economic theorists rarely constructed models customized to capture unique institutions or specific market characteristics.

George Akerlof

#18. Economic science concerns itself primarily with theoretical and empirical generalizations about the behavior of individuals, institutions, markets, and national economies. Most academic research falls in this category.

Ben Bernanke

#19. The philanthropic tradition is older than democracy, older than Christianity, and older than higher education. It gives form and purpose to personal and social life that cannot be provided by the self-interest of economic enterprise or required by the mandate of political institutions.

Robert L. Payton

#20. I believe that we can create a poverty-free world because poverty is not created by poor people. It has been created and sustained by the economic and social systems that we have designed for ourselves; the institutions and concepts that make up that system; the policies that we pursue.

Muhammad Yunus

#21. In order to gain some insight into the forces that elevate certain products to the level of 'works of art' it is helpful - among other investigations - to look into the economic and political underpinnings of the institutions, individuals and groups who share in the control of power.

Hans Haacke

#22. 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

#23. The genuine history of mankind is the history of ideas. It is
ideas that distinguish man from all other beings. Ideas
engender social institutions, political changes, technologi-
cal methods of production, and all that is called economic
conditions.

Ludwig Von Mises

#24. Natural capitalism is not about making sudden changes, uprooting institutions, or fomenting upheaval for a new social order. Natural capitalism is about making small, critical choices that can tip economic and social factors in positive ways.

Paul Hawken

#25. Economic management involves the operation of economic frameworks in real time - for example, in the private sector, the management of complex financial institutions or, in the public sector, the day-to-day supervision of those institutions.

Ben Bernanke

#26. The development of a political-economic framework to explore long-run institutional change occupied me during all of the 1980s and led to the publication of Institutions, Institutional Change and Economic Performance in 1990.

Douglass North

#27. Yet if states were destroyed, local institutions corrupted, and economic incentives directed towards murder, few of us would behave well.

Timothy Snyder

#28. Eventually became convinced that the Cuban government was completely committed to eliminating all forms of racism. There were no racist institutions, structures, or organizations, and i understood how the Cuban economic system undermined rather than fed racism.

Assata Shakur

#29. The intercourse between the Mediterranean and the North or between the Atlantic and Central Europe was never purely economic or political; it also meant the exchange of knowledge and ideas and the influence of social institutions and artistic and literary forms.

Christopher Dawson

#30. it was not so much the new machines that revolutionized the world, impressive and important as they were. The truly heroic invention was the economic, social, and political institutions in which these machines were embedded.

Sven Beckert