Economics Quote by Jim Stanford

Growth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care, education, elder…

— Jim Stanford

Proving that profit is economically and morally justifiable, rather than the result of exploitation, has been a central preoccupation of neoclassical economists.

— Jim Stanford

One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many…

— Jim Stanford

Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either.

— Jim Stanford

This relationship is the foundation for the argument, made by some trade unionists and labour advocates, that high wages can actually be "good for…

— Jim Stanford

Like a forensic accountant trying to solve a corporate fraud, following the trail of money around the circle is a good way to understand…

— Jim Stanford

The total dividend income declared in 1995 by the bottom 9.7 million Canadian tax-filers (47% of all those submitting tax returns) was $310 million.…

— Jim Stanford

We know that investment causes growth. But it is also true that growth causes investment.

— Jim Stanford

Indeed, if communist central planners could have organized the economy with as much detail, precision, and flexibility as a modern-day Toyota or Wal-Mart, communism…

— Jim Stanford

With joint-stock corporations, investors can place bets on the success of many different companies, without having to play a central management role in any…

— Jim Stanford

Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. ... In developed capitalist economies, private…

— Jim Stanford

Economics is a social science, not a physical science.

— Jim Stanford