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"Knowledge networks will transform the global economy. They will change the way we think, learn and work. In the new economy your network should be at the heart of your strategy." »Med Jones
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"People want economy and they will pay any price to get it." »Lee Iacocca
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"My dog is worried about the economy because Alpo is up to 99 cents a can. That's almost 7.00 in dog money." »Joe Weinstein
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"The entire economy of the Western world is built on things that cause cancer." »From the 1985 movie "Bliss"
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"The worst thing that could happen to any economy is the loss of confidence. - [predicting the US economic crisis]" »Med Jones
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"“This legislation will end the tsunami of false marking lawsuits, according to many experts. It’s a win for all corporations that make products. It’s a win for the American economy.”" »Yar Chaikovsky
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"The Obama presidency has two great missions: fixing the economy, and preventing Iran from gaining nuclear weapons." »Benjamin Netanyahu
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"Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire." »Ludwig Mises
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"Government's view of the economy could be summed up in a few short phrases If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it." »Ronald Reagan
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"Politicians should shift their thinking from how I can balance the budget to how I can attract top global talents, businesses and investments to compete in a global economy." »Med Jones
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"Humor is not a postscript or an incidental afterthought it is a serious and weighty part of the world's economy. One feels increasingly the height of the faculty in which it arises, the nobility of things associated with it, and the greatness of services it renders." »Oscar W. Firkins
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"Innovation in products, services, value chains and business models is the only sustainable growth strategy. New knowledge and business networks will shape the new global economy." »Med Jones
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"Today we may face some boring task or idle conversation that feels like a complete waste of time. Perhaps next week or next year we'll understand that nothing is wasted, that in the economy of our universe even a weed is simply a flower whose use has yet to be discovered." »Mort Crim
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"The ways in which senior executives allocate, manage and position their new digital assets and knowledge resources will have a strong bearing on the firm's ability to compete successfully in today's global digital economy." »Med Yones
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"Engineering is the science of economy, of conserving the energy, kinetic and potential, provided and stored up by nature for the use of man. It is the business of engineering to utilize this energy to the best advantage, so that there may be the least possible waste." »William A. Smith
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"One main reason the US has been able to prevent its currency and economy from collapsing, despite the latest wars, huge debt and massive currency printing, is because the dollar is the de-facto standard for international trade and reserve currency." »Med Jones
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"It is expected from the government officials and the financial sector to selectively report on the good news to avoid investors panic and maintain confidence in the economy. Unfortunately building confidence has been the name of the game since the beginning of the crisis rather than real economic reforms." »Med Jones
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"Globalization of markets, competition, partnerships and risks should carry far more weight in the designing of strategic national development plans. It is not enough to think about government budgets anymore, you need to build your economy and businesses for global markets and competition" »Med Jones
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"Knowledge networks will revolutionize the global economy. They will change the way we think, learn and work. The prosperity of a nation and its people will be determined to a large degree by how well they can leverage the global knowledge networks to develop their resources, collaborate, innovate and market their products and services." »Med Jones
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"The US government alone cannot get its economy out of the crisis. It appears to me that the current policy makers are suffering from the gambler's syndrome. They keep spending more money hoping that they will eventually win. More debt spending is a receipt for bankruptcy. Real economic growth comes from government and private sector investments, not from massive debt spending followed by tax increases or currency devaluation." »Med Jones
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"Countries that have strong pre-crisis macroeconomic metrics, rich natural resources and export-based industries have stronger recovery prospects. Strong budgets allow the government to stimulate the economy with less debt burden. Exports play a significant role in supporting a stable interest rate and ex-change rates thus renewing investors confidence and recovery." »Med Jones
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"One quick and effective solution to the global economic crisis is a global economic and political reset. A global economic reset means that world leaders can come together to agree on debt forgiveness to all nations and restructuring of the global economy. Friends and enemies alike, no exceptions. To be fair to nations with lesser debts, they could be compensated on a ratio basis to enjoy treasury surpluses. A new international trade and reserve currency will probably be established to create a fair global economic system and to implement the reset. This could bring a new era of global prosperity and socioeconomic exchange. This is a much better alternative than currency wars, international hostilities and continuous risks of global socioeconomic shocks." »Med Jones
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"Over the long term, if government revenues continue to be less than the expenditures (deficit). This will result in accumulated debt. An increasing government debt will result in higher interest payments, and less money available for socioeconomic development. To pay for the debt, the government will have to raise taxes, which will reduce the competitive position of the country in the global economy and chase investors away resulting in less economic activities and more job losses. In order to avoid higher unemployment and social instability, the government have to raise more debt to fund spending and welfare support by raising the interest rate which will increase the cost of money, reduce corporate profits and slow economic investments, thus resulting in more job losses and reduced government revenues, despite income tax increases. It is what I call a vicious economic cycle." »Med Jones
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"Over the long term, if government revenues continue to be less than the expenditures (deficit), then the economic health of the country worsens because this will result in accumulated debt. An increasing government debt will result in higher interest payments, and less money available for socioeconomic development. To pay for the debt, the government will have to raise taxes, which will reduce the competitive position of the country in the global economy and chase investors away resulting in less economic activities and more job losses. In order to avoid higher unemployment and social instability, the government have to raise more debt to fund spending and welfare support by raising the interest rate which will increase the cost of money, reduce corporate profits and slow economic investments, thus resulting in more job losses and reduced government revenues, despite income tax increases. It is what I call a vicious economic cycle." »Med Jones
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| BTW, Why won't you become an editor? |
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