I regret to say that we are in the worst economic mess since the great depression. Ronald Reagan
What a country calls its vital economic interests are not the things which enable its citizens to live, but the things which enable it to make war. Simone Weil
Conventional economics is a form of brain damage. Economics is so fundamentally disconnected form the real world it is destructive. David Suzuki, geneticist & activist
On 16th September 1992 John Major faced meltdown in the City. A massive devaluation of the £ exposed the fragility of our economy. The country plunged into recession. The price of oil crashed. Crude Britannia 3/3: The Story of North Sea Oil, BBC 2009
Unlimited economic progress in a world of finite natural resources doesn’t make sense. It is a pattern that is bound to collapse. Jane Goodall
Our whole economy is based on planned obsolescence. Brooks Stevens
Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. Lionel Robbins, Essay on the Nature and Significance of Economic Science, 1932
We let the special interests put their thumbs on the economic scales. We’ve excused and even embraced an ethic of greed. Barack Obama, Cooper Union speech
A free market was never meant to be a free licence to take whatever you can get whenever you can get it. ibid.
There’s a conceptual framework with the way people deal with reality … I found a flaw … in the model I perceive. The Flaw, Greenspan, 2011
When they start to treat as good a financial asset, as people started to do with houses in the boom, that’s when you get into a very unstable market. ibid. George Cooper, fund manager
The fatal flaw was the assumption that real estate values would always go up. ibid. Nell Minow, corporate watchdog