Capitalist Quote by James Tobin

“The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters.” quote by James Tobin — Download Open image

“The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters.”

James Tobin

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Capitalist Causes Depression Disasters Economics Economies Failure Failures Great Great depression Miserable Political Root Social Were Worldwide

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The crisis triggered a fertile period of scientific ferment and revolution in economic theory.

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At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of…

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The greatest good fortune of my return to Cambridge in 1946 was that there, in the spring, I met Elizabeth Fay Ringo. We were…

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From 1966 to 1970 I served as Chairman of the New Haven City Plan Commission.

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I was born in Champaign in 1918. From the neighborhood elementary and intermediate schools, I went to the University High School in the twin…

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My father also happened to be an intellectual, as learned, literate, informed, and curious as anyone I have known. Unobtrusively and casually, he was…

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After the United States entered the war, I joined the Naval Reserve and spent ninety days in a Columbia University dormitory learning to be…

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I studied economics and made it my career for two reasons. The subject was and is intellectually fascinating and challenging, particularly to someone with…

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“Eleanor Roosevelt and others said polio changed Roosevelt, that it made him more compassionate. That may be so. But the first impact of the…

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Yale places great stress on undergraduate and graduate teaching. I like teaching, and I do a lot of it.

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Most important, I have learned from my colleagues and students.

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At the same time it offered the hope, as it still does, that improved understanding could better the lot of mankind. For me, growing…

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The popular mind often pictures gigantic flying machines speeding across the Atlantic carrying innumerable passengers in a way analogous to our modern steam ships. . . it seems safe to say that such ideas are wholly visionary and even if the machine could get across with one or two passengers the expense would be prohibitive to any but the capitalist…

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As the variable capital always stays in the hands of the capitalist in some form or other, it cannot be claimed in any way…

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Capitalists have done more good for society through their charitable giving, philanthropy and generosity than all their critics combined.

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It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become - of all things - Wall Street's own slogan.

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When I was young, I worked for a capitalist twelve hours a day and I was always tired. Now I work for myself twenty…

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For me, it is clear that we are currently in a period of structural crisis of capitalism going back to the 1970s, but deepening in our time. Persistent economic stagnation together with neoliberal austerity has at this point seriously undermined the stability of the liberal-democratic state and thus the political command sector of the capitalist system. This has led to…

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As someone from the working class I was always interested in Russia and China and everything that related to the working class, even though…

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Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously.

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Capitalism has created a situation called scarcity. And that scarcity is not natural, it's socially induced. Along with that sense of scarcity, or feeling of scarcity, is a feeling of economic insecurity. Along with that is a feeling of deprivation... And unless we can demonstrate that that feeling is not justified technologically, we will not be able to speak intelligently…

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... what we should be looking for is fresh ideas of how we make moral decisions about our dealings with one another, economic, social,…

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The Enron scandal calls into question the integrity of the entire capitalist system, which previously we assumed was based on honest, straightforward greed.

Joel Achenbach

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Human beings were behaving as human beings and not as cogs in the capitalist machine.

George Orwell

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Capitalist Quote by James Tobin

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