economics Quotes

Unemployment rates among Americans who never went to college are about double that of those who have a postsecondary education.

There is no doubt that as an economy grows in a great way like India has, that you have to step back and change your tax systems, because you start to get more disparities of wealth.

Today, we're very dependent on cheap energy. We just take it for granted - all the things you have in the house, the way industry works.

If you really could take the CO2, when you burn hydrocarbons - coal, for example - if you could really capture the carbon and sequester it - they call it CCS - if the extra capital cost, energy cost, and... ...

Don’t tax my income, tax my consumption.

We are seeing smarter philanthropy, more philanthropy, and that's true world wide. So it's kind of a movement that has a lot of accomplishments, even though as a percentage of the economy, it's still only a few per cent.

The power of capitalism to mediate the gap between rich and poor is pretty incredible. Indeed, I think, year by year, the gap gets less.

Globalization has made copper and other minerals more valuable, and Ghana and Kenya have recently discovered mineral resources.

There is no doubt PC prices will be coming down.

When I say "an energy miracle," I mean that there will be some form of energy whose 24 hour cost really is competitive with hydrocarbons given, say, 20 years of learning curve. You invent it, then you look at how... ...