A Quote by Henry Hazlitt
Inflation is not only unnecessary for economic growth. As long as it exists it is the enemy of economic growth.
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The road to economic well-being is to reward productive economic activity and to provide a moderate and predictable growth of money to finance real economic growth without reigniting the fires of inflation.
Economic growth must be the central issue because it is only through growth that the devastating threat of national bankruptcy can be averted. Furthermore, it is only by reviving American economic growth that the West's global predominance can be sustained, and peace and freedom kept secure around the world.
Economic growth is the key. Economic growth is the key to everything. But once you have economic growth, it is important that we reach out to people who live in the shadows, the people who don't seem to ever think that they get a fair deal.
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.
In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.
Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output... A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society.
Economic growth is important. But we cannot count on economic growth alone to fund the public education system our children need and deserve.
The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth.
We think that`s necessary just as a foundation for economic growth. It`s not the jobs in and of themselves, which you do make by building bridges and things like this, but it`s the economic growth that comes from having a modern infrastructure that is in dire need of repair.
The Republican promise is for policies that create economic growth. Republicans believe lower taxes, less regulation, balanced budgets, a solvent Social Security and Medicare will stimulate economic growth.
Growth works. What we're doing in the administration to spur growth in terms of regulatory form work. And what we're working is to make sure that those tax cuts add to that. We do believe that sustained 3 percent economic growth is possible and that that is the way you can balance the budget long-term.
Society must cease to look upon 'progress' as something desirable. 'Eternal Progress' is a nonsensical myth. What must be implemented is not a 'steadily expanding economy', but a zero growth economy, a stable economy. Economic growth is not only unnecessary but ruinous.
Fiscal decentralisation does not lead to higher economic growth because economic growth is much more driven by factors other than taxes and spending, e.g. increases in technological progress and improved human capital.
Governments around the world are looking for economic growth and job creation. African economies are no exception, with increasing recognition that growth has to be built on a more diversified economic structure in order to make a lasting contribution to development.
Russia and China have maintained that people prize stability over freedom and that as long as the central State creates conditions for economic growth, people will be complacent and will be willing to literally sell away their rights. In fact, this very economic growth will eventually catch up with these regimes.
Eventually economic growth reaches the point at which the accumulation of wealth in the families of achievers becomes so significant that the hatred and envy of success become stronger than the desire for continued economic growth, and a period dominated by resentment begins.
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