A Quote by Paul Craig Roberts
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.
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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.
Inflation is not only unnecessary for economic growth. As long as it exists it is the enemy of economic growth.
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.
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.
The growth of a nation's productive potential is the central factor in determining its growth in real wages and living standards.... high rates of investment and saving usually have a big payoff in promoting economic growth.
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.
Economic growth is important. But we cannot count on economic growth alone to fund the public education system our children need and deserve.
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.
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.
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.
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.
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.
The single biggest stimulus to the economy are the unemployment benefits we're paying. These people go out and they spend the money. They go out and they have to get by to everything from paying their mortgage or buying food or just getting by. It has a significant impact on economic growth and the continuation of economic growth.
The Kyoto Protocol is a death pact, however strange it may sound, because its main aim is to strangle economic growth and economic activity in countries that accept the protocol's requirements.
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.
We're richer, but that wealth doesn't reflect durable, authentic economic value - which is hitting fast diminishing returns. The growth that we're pursuing is neither sustainable - nor is it, in many ways, real growth at all. Boardrooms from finance to autos to energy to pharma to fashion have learned that the hard way.
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